Question by RJ W: Why should I invest my money in gold?
A friend of mine, just said he invested a bunch of his money in gold and that I should do the same. I?m not an experienced investor in commodities, but why would someone want to invest in gold?
If I look at the history of the price of gold, the returns have been around inflation but the risk is a lot higher than most assets that return around 4-5% a year.
What are the advantages of investing in gold? Does it provide inflation protection? What?s a comparable investment in terms of risk? I?m confused.
Best answer:
Because, Gold?s rate are increasing day by day.
Know better? Leave your own answer in the comments!
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