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8343152 No.8343152 [Reply] [Original]

what % of gold should you own as a part of a diversified portfolio?

>> No.8343179

>> No.8343181

>>8343152
0, gold is being replaced by BTC this century, this is the true flippening

>> No.8343207

10-15 percent
or go the jewish way with 30% if you are fearful
don't listen to the retards here who sink all their money in funnymoneytokens, they are mostly children

>> No.8343231

>>8343152
you're talking about bitcoin gold, right?

>> No.8343239

>>8343181
see >>8343207
little ruggrat

>> No.8343240

>>8343207
>t. doesn't understand crypto

there's a reason every gold shill on earth hates BTC

>> No.8343247

You don't need gold anymore, you can hedge with volatility directly.

>> No.8343249

98%

>> No.8343290

>>8343247
this too, gold is fucking trash

>> No.8343300

>>8343240
lmao

>> No.8343302

>>8343207
i currently have 5% allocated. at 15% it seems too large of a opportunity cost should gold have another 15 year bear market

>>8343247
no thanks, the contango and theta (time based) components of VIX futures/products are not a long term strategy

>> No.8343329

>>8343302
then go with 10 and forget about it
gold is not about the gains, its about when shit hits the fan

>> No.8343355

Anyone else put all their savings into precious metals?

I use them as a savings account not an investment

So 10% of my monthly income goes straight into silver bullion in my safe. Is this smart or am I being retarded? I have stocks and crypto too

>> No.8343367

>>8343355
10% is ok but a bit high if you're not investing otherwise

>> No.8343395

I have 99% of my money in Gold and silver. I'm quite content knowing that whatever happens in the world, it will never go to zero, unlike your meme coins.

>> No.8343399

>>8343240
not Mike Maloney
not the guy from AMTV

>> No.8343415

>>8343395
you sure about that buddy? Also not very wise to put so much money in a commodity that lacks liquidity

>> No.8343430
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8343430

Silver $50 2020

>> No.8343431

>>8343355
>Anyone else put all their savings into precious metals?
no. you just missed a huge bull market in equities over the last several years. if you love your PMs, adopt a lazy portfolio model of 33% PMs, 33% bonds, 33% stocks, rebalancing every 6 mo/year.. but always keep a few months of expenses in cash

>> No.8343441

>>8343399
forget it
he probably thinks a "diversified portfolio" means
blue chip cryptos (lel) and link

>> No.8343443

>>8343415
I get a paycheck every week because I'm not a useless NEET, that is all the liquidity I need.

>> No.8343451

>>8343431
I know nothing about traditional investment. Is going with a Vanguard account a good idea, or is there some means by which I can simply do what they'll do 'manually', without fees?

>> No.8343490

>>8343152
Chink Ronald McDonald? Is there a nigger Ronald McDonald?

>> No.8343494

>>8343451
vanguard is a good company, and yes, you can do it all yourself via low fee ETF/mutual funds

https://www.bogleheads.org/wiki/Getting_started
https://www.bogleheads.org/wiki/Lazy_portfolios

>> No.8343526

>>8343494
Thanks. Is there much incentive to DIY? I assume fees are pretty competitive if it's relatively simple to do that, right?

>> No.8343533

>>8343431
nigga i havent even been in stocks for a year, also who the fuck buys bonds? fuck bonds

what do you mean by "equities"? what boring mutual funds do you suggest? I invested in weed stocks last April, I am up 200-300% on one of them

>> No.8343557

>>8343526
the incentive is that you understand how shit works, pay absolute minimum fees, and will seem smart should the topic of investment ever come up at a social event.

>> No.8343559

>>8343441
no just bluechip stocks and not shiny autism rocks that have a liquidity problem

>> No.8343570

>>8343533
some of them*

>> No.8343591

>>8343557
I see, thanks

>> No.8343616

>>8343533
equities is stocks, same thing

and when i say bonds i dont mean just 30 year treasury bills. there are lots of options here with junk bonds, convertible bonds, corporate bonds, etc.

https://www.youtube.com/watch?v=z8Z6qWRugCY

>> No.8343712

>>8343533
>what boring mutual funds do you suggest?
i'm mostly in ETFs.. $VOO for US stocks, $VXUS for non-US stocks. of you can just hold $VT which holds a bit of everything. schwab also has some very low fee ETFs

>> No.8343734

>>8343559
if you don't know why you should balance your portfolio with at least 5% gold, then either you don't know anything or playing with lunchmoney, period