How Useful Is It To Invest In Gold?
There is no general answer to this frequently asked question. What matters is what you personally hope for from an investment in gold. One thing is clear, you shouldn’t buy gold because of the return.
What are the advantages of gold?
In the past, gold gained significantly less in value on average than stocks. However, it can fluctuate more strongly. The reason for this is that, above all, demand controls the price of gold. There is no intrinsic performance, unlike in companies and thus in stocks.
But if you are afraid of a currency crash and fear the total loss of your other investments, you can convert a small portion of your assets into physical gold. For instance, you can buy gold coins or gold bars and store them in your home safely.