Investing in Gold

Here are the 5 key takeaways from Investing in Gold:1. The key benefits of investing in gold include: has a long track-record, is highly liquid, can serve as an inflation hedge, has the power to protect your portfolio in times of geopolitical uncertainty/risk, and provides diversification.&nbsp;2.&nbsp;Gold prices rise and fall depending on supply and demand. They also change based on economic and geopolitical risks. The price fluctuations are a feature and not a bug for this asset class. One needs to be prepared when holding gold.3. The average investor can access gold by buying gold coins/bars/jewelry, gold ETFs and gold miner stocks. Be aware of the risks of investing in gold, and if you buy an ETF, check the prospectus.&nbsp;Gold mining stocks are not a direct investment in gold; but rather in companies that mine gold.4.&nbsp;Gold is considered a collectible as per the&nbsp;IRS. And the IRS does not permit collectibles to be directly owned in IRAs. So you can't own physical gold in an IRA, but you can hold a gold ETF in one.5.&nbsp;The amount of gold as part of your portfolio entirely depends on your risk tolerance, your other assets, and other factors specific to you, such as your financial goals. And one way to think about it is to consider gold as an insurance asset.

Contributed by Financial Freedom Countdown<a href="https://financialfreedomcountdown.com/" target="_blank"><img src="https://finny.s3.amazonaws.com/images/b40b68ac-f277-4768-953d-9b0712223b60.jpg" style="width: 228px; height: 60px;"></a>Are you looking for information on investing in gold? Well, you've come to the right place! Gold has a recorded history of over 5000 years as an asset. The shiny metal has attracted generations. Gold doesn't corrode. It can be melted to form various shapes. Moreover, gold has a unique and beautiful color, unlike other metals. Many of you will have questioned if gold is a good investment based on the gold price's rapid increase. Or due to&nbsp;policy announcements by global central banks. In this bubble, we'll go through what makes gold a good investment and how to invest in gold!