I am nearing retirement age and have no savings what so ever, I do have a good job and a checking account and good credit. I inherited some money and would like to know if gold is a safe investment? What is the best avenue to take, since I am not 30 with allot of time to save. Can someone stear me in the right direction?
I just got an inheritance and would like to know if gold is a safe investment?
- Posted:
- 3+ months ago by salgal
- Topics:
- gold, money, job, credit, checking, ages, saving, retirement, investment, inheritance, account, good
Details:
Answers (3)
i dont think so that it is a good investment gold prices are sometimes high and sometimes low look for a financial adviser so he can help you to where your money should go for but for me its best if you invest it in a business that can gain unlimited profit as long as it is manage good
Gold is a good investment if you are looking for a store of worth, it is currently in a neutral price area. If you are looking to make a return off this investment, it is a terrible idea. There are many other investment vehicles and things you can do to create a return from this money. I am on gmail and twitter at this username if you would like to get in touch!
Thank you
Heidi
Thank for your advice, I will do that, I am reading up allot about this subject as well, learning allot! I just want my money to be safe and also make more too!