Quote:
Originally Posted by Buzzard
I take it you don't have gold.
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Actually, I do, but I do it differently than most people. Limit your exposure to a very small part of your portfolio as you would with any risky sector investment. An aggressive investor might put 5-10% into each of these: gold, technology, health care funds, resources and emerging markets. That gives you 25-50% invested aggressively - pretty bold. I see people take 75k of a 100k portfolio and buy gold and lose most of it, then they go out and buy some other flavour of the month hoping to recoup their losses and lose again.
BTW, gold is a hedge against disaster. If you think the world is going to HE!L, buy gold. I don't think that.