I believe one should NOT put all his eggs in one basket so gold, just like silver or stocks and bonds and mutual funds etc etc should only be part of a diversified portfolio. There's no harm in investing in gold or other precious metals as a hedge just like there's no harm in investing in stocks or bonds or mutual funds.
Some like Gold or silver or other precious metals as an investment AND THATS THEIR FREE CHOICE AND RIGHT while others may instead prefer stocks or bonds or mutual funds AND THATS THEIR FREE CHOICE AND RIGHT.
There are some who don't consider stocks as a good investment and some who don't consider Gold as a good investment TO EACH THEIR OWN
I've personally done quite well with a diversified investment plan. I've had some great gains in precious metals, a few stocks, and likewise done well with Mutual Funds BUT NO WAY ID PUT IT ALL IN GOLD OR STOCKS
NOW THATS WHAT ID CONSIDER A BAD INVESTMENT, HAVING ALL YOUR EGGS IN ONE BASKET, REGARDLESS IF GOLD OR STOCKS OR BONDS ETC.
As I always say DO NOT RELY ON ADVICE FROM LAY PERSONS ON A TRACTOR FORUM, but consult local trained competent PROFESSIONALS for legal or investment advice. If you want to make an investment and risk money based on the opinion of one person here (including yours truly) GOOD LUCK
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.