I believe one should NOT put all his eggs in one basket so gold, just like silver or stocks and bonds and mutual funds etc etc should only be part of a diversified portfolio. There's no harm in investing in gold or other precious metals as a hedge just like there's no harm in investing in stocks or bonds or mutual funds.
Some like Gold or silver or other precious metals as an investment AND THATS THEIR FREE CHOICE AND RIGHT while others may instead prefer stocks or bonds or mutual funds AND THATS THEIR FREE CHOICE AND RIGHT.
There are some who don't consider stocks as a good investment and some who don't consider Gold as a good investment TO EACH THEIR OWN
I've personally done quite well with a diversified investment plan. I've had some great gains in precious metals, a few stocks, and likewise done well with Mutual Funds BUT NO WAY ID PUT IT ALL IN GOLD OR STOCKS
NOW THATS WHAT ID CONSIDER A BAD INVESTMENT, HAVING ALL YOUR EGGS IN ONE BASKET, REGARDLESS IF GOLD OR STOCKS OR BONDS ETC.
As I always say DO NOT RELY ON ADVICE FROM LAY PERSONS ON A TRACTOR FORUM, but consult local trained competent PROFESSIONALS for legal or investment advice. If you want to make an investment and risk money based on the opinion of one person here (including yours truly) GOOD LUCK
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
