Unveil the Hidden Dangers of Investing in Gold | Is Gold a Good Investment in 2023 | Real Estate
This video explains why gold is not a secured investment. As per price trends, gold has remained between $300-$400 in the last 25 years. It slightly helps due to PKR depreciation in Pakistan. Gold requires storage and security cost
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⚡⚡ Chapters Of The Content ⚡⚡
00:00 Introduction
00:42 Gold is not a secured investment
01:01 Talk about 1980
02:05 went up in 2011-2012
02:55 Went up again in 2021-2022
04:02 No one can predict future
05:08 Gold has a storage cost
05:58 does not fulfill any need
07:16 Gold is not considered in the asset class
08:05 Gold does not provide safety
08:05 It is not an asset
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2 Comments
The failure of SVB and everything happening has left the markets in shreds. I'm at a crossroads right now, deciding if to liquidate 200k portfolio down by 10%, and it's uneasy for me to not panic after my recent awful divorce. I just need investing ideas to afford my retirement please 🥺
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