Investing in Gold: 6 Disadvantages to Consider
Do you know about the disadvantages of investing in gold? Read on to learn about gold investments and the bad things that can come with it.
Gold is a precious metal, so it is not surprising that many consider it a good investment opportunity. Many investors seek to invest in gold because it is seen as an opportunity to diversify one’s portfolio. Unfortunately, the fact that gold is one of the most ideal investments or one that never depreciates is only a myth. So, to address this myth, this post will discuss some of the disadvantages of investing in gold and what you should look out for when you want to invest. Physical gold needs to be stored. Unlike other forms of investments or alternative forms of gold investments like gold ETFs, physical gold needs to be stored because it is a tangible asset. And that...