BULLION BLURB - Not why, but how much?
Posted on August 14, 2017
It’s almost never a question of whether you should add gold and silver bullion to your portfolio, but how much makes the best sense for your individual situation.
If you saw the last Bullion Blurb several weeks ago, we talked about the concept of balance as a prudent investment strategy. So, once you’ve decided that gold and silver coins or bullion makes sense for you, the next question is “How much gold or silver should we buy?”
Our view is that investment balance is the key concept.
As HCC, we believe you shouldn’t have more than 10% or 15% of your investable money in any one thing. We’re believers in staying diverse with a little bit of this, and a little bit of that. Kind of like a fruit salad…a little apple, banana, melon, strawberries, blueberries, pineapple and watermelon makes for a delicious, colorful and refreshing treat.
Take a look at the strategies of the richest people and financial institutions in the world. If they are diversifying their portfolios and balancing their investments with somewhere between 10% and 15% in precious metals, shouldn’t you do the same?
We know that people with money like to keep their money, so they make the smart and savvy decision by purchasing physical gold and silver to balance their portfolio. We think you should consider it as well. Give us a call.
Submitted by Andy Fox