Is it smart to invest in gold at this time?

1 Answer

Answer :

Yes gold is a great investment right now. The problem is that since gold is selling at such a high price right now your initial cost is much greater than usual.

Related questions

Description : Can you tell me how to invest in gold?

Last Answer : You can invest in gold by purchasing gold thrugh a store or online. You can get some on the following website:http://www.gold.org/investment/.

Description : What's the best way to invest in gold?

Last Answer : As with any investment, the most important thing you can do is to research the market and understand the pros and cons of investing. A great place to start would be a website such as investopedia.com, which compares investment strategies and can help you make the right decisions.

Description : Recipes are a dime a dozen. Easy, smart and healthy recipes are worth their weight in gold. Share some?

Last Answer : I like pasta primavera. Make any type of pasta you have on hand (my favorites are fusili or penne). Cut up any combination of fresh vegetables you have on hand. Some I use often would ... . Pour the sauce with meat and vegetables over the pasta. Sprinkle with grated parmesan cheese and serve.

Description : Is it worth my time to invest in Bitcoin?

Last Answer : answer:I looked into this recently and decided: no, I missed the boat. The currency is valued pretty highly right now, so you're not likely to make money by waiting for it to gain value. Mining is ... up the guy who bought $27 in bitcoins 4 years ago and realized recently that he is a millionaire).

Description : Morality aside, is this a good time to invest in gun manufacturing companies?

Last Answer : A lot of pension funds are dumping their firearms manufacturing holdings, which should keep some downward pressure on the stock prices. The demand for firearms and accessories is high, so their earnings should be good. With those kinds of fundamentals I’d say yes.

Description : How to invest time wisely?

Last Answer : A nice antique brass clock?

Description : How can you invest the one time payout to match the yield of the lottery's annual annuity? (See details)

Last Answer : answer:Assuming the lump sum is 77.4 million dollars, and you want to eventually get to 153 million (within the 30 years it would've taken to get the whole amount from them).... just invest ... read up a bit on the stock market and invest there and probably rather quickly make up that difference.

Description : Would it be wise to invest as much time, energy and money on prevention of war as we invest on preparation for war?

Last Answer : War is a cowardly escape from the problems of peace. Thomas Mann (1875 - 1955) I think it would be wise to put aside some funds to educate our children about other countries and their beliefs and ... be some bad guys in the world who only understand force and will have to be dealt with accordingly.

Description : Why did the roman's invest so much time and capital into road building?

Last Answer : Feel Free to Answer

Description : When is the right time to invest in a company that is under chapter 11 Bankruptcy?

Last Answer : no time is right time to invest in such company

Description : Is it a good time to invest in money market accounts?

Last Answer : The benefit you would get from focusing on money markets right now is security and stability. The Stock Market, although up and down, will return you more for your investment in the long run. Money Markets are tied ... . If it is more important to you to not lose money, then that is the way to go.

Description : A company wants to build a test environment to test software updates and new solutions. The environment should mirror the production environment and be secure and inaccessible from outside the company ... requirements? A. Public Cloud B. Private Cloud C. External Cloud D. Virtual Private Cloud

Last Answer : Virtual Private Cloud

Description : If a company is given credit terms of 2/10, n/30, it should a. hold off paying the bill until the end of the credit period, while investing the money at 10% annual interest during ... desperate for cash and withhold payment until the end of the credit period while negotiating a lower sales price.

Last Answer : b. pay within the discount period and recognize a savings.

Description : What is the best way to invest money?

Last Answer : The best way to invest money depends on an individual's financial goals, risk tolerance, and time horizon. A financial advisor can help you to determine the best investment strategy for you, but generally ... portfolio with a mix of stocks, bonds, and cash is considered the best way to invest.

Description : Did I invest wisely?

Last Answer : Would your dividends from the investment exceed the interest you willl pay on the loan?

Description : Companies that invest my money and pay profit?

Last Answer : Apple pays a dividend. BlackBerry you can buy cheap. Tech stocks are good. Big pharmacy companies are high risk high gain from all the mergers.

Description : Is it better to invest in your life now or for retirement? What is a proper balance?

Last Answer : answer:You don't say how old you are. While a dollar saved at age 25 is three times as valuable as a dollar saved at age 50, your salary is also generally lower at a younger age. 10% ... your returns. And then enjoy your life knowing you are saving for later but not being overly concerned about it.

Description : Should the US invest in high-tech rail or skip it and go directly to self-driving cars?

Last Answer : Yes, it makes sense to invest in both. They’re solving different problems. Self-driving cars have the potential to create a ton more traffic on our roads, and is much less efficient than trains.

Description : What are some good public utilities in the United States to invest in?

Last Answer : answer:Not sure what you're asking. If you're talking about privately-owned utilities that are traded on the open market, you'll have to research the individual companies. But man, what a ... utilities, like roads and stormwater drainage, I'm pretty sure your investment is your property taxes.

Description : What do you invest in with one million dollars?

Last Answer : A mixture of mutual funds, tax-free bonds and possibly some in money market funds or laddered CDs – although they have very low interest rates at this point.

Description : What are the best ways to invest money?

Last Answer : Whar does “stack paper” signify?

Description : Is there a way one could invest in Hollywood movies?

Last Answer : Everyone knew The Avengers was going to score big. It would have been impossible to get some of that action. You would be better off paying for some film student to make that little horror ... with the Hollywood system, which has bookkeepers who are experts in hiding costs, and boosting expenses.

Description : I have $7,000, what should I invest it in?

Last Answer : Open a Roth IRA. Then continue to fund it.

Description : ITunes download issues, should I invest in Apple TV?

Last Answer : answer:Honestly, if you're already having issues with iTunes I wouldn't really recommend it. Apple's support is pretty bad, and to me, as a consumer, it doesn't make a whole lot of sense to ... hooking those up to your TV instead. The Apple TV just seems far too expensive for such a niche product.

Description : I have $6,000 in my savings and want to invest it. Any ideas?

Last Answer : Have you paid off all your credit card bills and high interest loans? Unless you are a fortune teller (or connected) the market is a risky place. Firearms manufacturers seem to be doing quite well. But your mileage may vary.

Description : College freshman with 10K. What should I invest in?

Last Answer : Gold and/or silver. Not stocks, the actual metal.

Description : What if protesters start pooling their funds to invest in riot gear?

Last Answer : Then the police start shooting real bullets.

Description : What are the best stocks to invest in right now (for a beginner)?

Last Answer : None. Get seeds and food.

Description : Would you invest in bitcoin or future online virtual currencies?

Last Answer : answer:Maybe when it's more commonly accepted (probably not universally , but even credit cards aren't universally accepted) as currency. I've long been in favor of private currency ... universally accomplish via inflation. Silent, and tacitly accepted abetted by people who should know better.

Description : Would you invest your money or spend it having fun?

Last Answer : Isn’t there like a 50/50 thing we can do here? :)

Description : While waiting for a single tooth replacement, should I invest in a temporary bridge (flipper)?

Last Answer : My friend had a flipper for one of his front teeth for awhile. He so much hated it and it did look fake. He had so much trouble with it moving when he ate that he would palm it for a meal if he ... He never wore it at home or at my house and actually thinks he lost it in a napkin at a restaurant.

Description : What's the best way to invest $20K ?

Last Answer : Have you paid off all your consumer debt—credit cards, car loans, etc.?

Description : How can I invest in the Chinese economy (currency, stocks, etc.)?

Last Answer : You could invest in Chinese companies listed in the NYSE. See a list here.

Description : How do I know which action figures to invest in!

Last Answer : answer:I'm certainly no expert, but I imagine your best bet would be to buy an assortment and hold on to them for a while. By diversifying your portfolio, you'll be ready for future changes ... idea than giving your money to investment banks to invest in magically creating more money. So good luck!

Description : Would it be ethical to invest in BP stock right now?

Last Answer : Nope

Description : How do I set-up and/or invest for my future?

Last Answer : Also I know the economy is not in the best of shape, but surely savings or the like is a good idea right?

Description : Should I invest in a Macbook for video editing purposes or just continue to practice with Avid on my pc?

Last Answer : Depends, I think Avid is used a lot for television post production/editing. I could be wrong. I think, in general, Macs are great for media work, editing video etc. I don't work in video ... work you plan on going into with editing, and see what the industry standard is for your specific area.

Description : Should we use whole life as an investment vehicle or use term and invest the rest?

Last Answer : Generally, whole life appreciates more slowly than securities, but as we have seen recently, your time horizon is very important. If you are still relatively young, invest in a nice diversified portfolio of indexed mutual funds, and change the portfolio balance as you age.

Description : Where can I learn how to invest intelligently?

Last Answer : First DO NOT listen to the talking heads on the cable and TV. Go to a newsstand and buy a copy of Kiplinger or Money magazine. These are written by experts and generally explain the various topics of investing and finance. Good basic info.

Description : What should I invest my Roth IRA in?

Last Answer : Calvert does several socially responsible mutual funds. You can look them up, and see what they are buying for each fund (both their philosophy, and the companies currently in the fund) and see if that ... !) or are willing to do lots of research on your own, is more like gambling than investing.

Description : I have a bit of extra money laying around and would like to invest in stocks...

Last Answer : answer:The Dow Jones Industrial Average Index (30 blue chip stocks like Ge, GM, MSFT, IBM) hit an all-time high today. DJ I would park the money in a short-term CD - you can find the higher ... will be richish in yr retirement yrs; that is better than trying and failing to get rich in middle age.

Description : Best way to invest my money?

Last Answer : answer:Can you provide more details about your goals, willingness to take risk, liquidity, and so on? Broadly speaking, you should diversify your assets and limit your liabilities.

Description : what should I invest in?

Last Answer : answer:My first suggestion would be not to put it all in one thing. Two to three months, though, is a pretty short time to make a profit—unless you are very lucky with the stock market. And “luck” is the operative word here.

Description : What kind of next-gen DVD player should I invest in: HD-DVD or Blu-Ray?

Last Answer : I think the question presupposes that you need to invest in either right now. If you're a gamer the choice might be made for you (HD with XBox, BR with PS3) but I still wouldn't be buying many ... off for the meantime. Later in 2008 it should be much clearer, though the answer might be neither .

Description : Banks in the US, active with the FDIC, only insure $100,000. So if a person has, for example, 10 million dollars and wants to deposit the money in a bank, does he have to look for 100 banks or is there another way to invest that is as low risk as a savings account?

Last Answer : A person with 10 million dollars probably has a diversified investment portfolio with a variety of risk levels and return levels. As a result, his insurance is that not everything will collapse at the ... 10% above inflation, banks are a very poor choice for someone with lots of money to invest.

Description : Chef's knives: Should I invest a small fortune in one?

Last Answer : answer:Depends on how much use you have for it. If you want a more up-scale one, why not make it birthday or x-mas wish? It’s always good to have quality kitchen/cooking equipment….....and a chef’s knife….has so many uses…...

Description : Should I invest in a window air conditioner or a dehumidifier?

Last Answer : answer:The dehumidifier I had didn’t make any difference whatsoever so I got rid of it. I don’t know if better quality de-humids would work better. A regular fan might be just as good, and cost a little less to run.

Description : Invest in apple?

Last Answer : I’m considering selling my shares from February. Whether or not you buy shares now would depend on how many you are considering; for a small amount, the payout wouldn’t be worth it. Remember that there aren’t any dividends on AAPL stock.

Description : I have $10,000 to invest.

Last Answer : AAPL

Description : Should I invest in applecare?

Last Answer : Absolutely. It’s cheap and you should plan on something failing as a rule.