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Three ways Gold Brings Shine to your portfolio
What is the fuss?
Since its discovery, gold has captured mankind's attention. It is the longest form of money known to humans and still holds its weight in the age of digital payments and cryptos.
There is something about the glitter of gold that brings delight to the mind and a desire to possess it. Wars have been fought over gold. Not to mention the special place gold has in gifting during special occasions.
But does Gold retains its shine in the 21st century? It is common nowadays to hear someone doubling their money in a matter of months. Crypto doubling money and a stock rising 200% in a single year are familiar news headlines. Nowhere is Gold mentioned as giving 2x or 3x returns in a short time.
There is a divide between the schools of thought that still consider Gold an integral part of a wealth creation journey and one that doesn’t. Has Gold started losing its shine?
In this edition, I uncover three lesser-known reasons why Gold can still be a valued asset in your investment portfolio. Let’s quickly cover some basics before moving on to these three “shiny” reasons.