Q&A: Investment in Gold Advice.?
I am a student and have finished two years of college level study, I don?t have money to pay for my third year so i am taking a working break. My plan is to work for an year and save some money. Having calculated that, i can save around $ 15000 this year. I don?t want to keep this money in a simple account and would rather invest in metals, preferably in gold but I will certainly diverge my portfolio towards other metals too. Do you have any idea about where could i store the metals i buy, do banks have any investment plan with themselves so that you can keep your metal with them?? Please throw some ideas. I will really appreciate that. I am basically looking for a low risk investment to put my year of effort into.
www.goldsenze.com Answer:
Gold is risky to invest in, sure the price is going up and up, but what happens when the economy goes up again? And gold prices go from $ 1500 an ounce to $ 700 an ounce? Then you?ve lost all of your investment
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