How Much of My Portfolio Should Be in Gold Coins?
Other People Are Reading
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Five Percent
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Financial writer Harry Domash recommends keeping a small amount of your investment portfolio in gold related assets. He recommends that around five percent of your portfolio should be in gold. This investment can act as insurance against a recession or other economic downturn, without being so large as to pose a risk in the event that gold prices drop.
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It Doesn't Have to be in Coins
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Emanuel Balarie, managing director of Balarie Capital Management, recommends investing in gold, but points out that there are several options. In addition to coins, you might invest in gold jewelry, gold mutual funds, gold bullion or gold futures among other options.
Bottom Line
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Dedicate around five percent of your portfolio to gold investments, but you do not need to invest specifically in coins. Decide which gold investment is good for you and dedicate five percent of your portfolio to it.
References
- Photo Credit gold image by Raimundas from Fotolia.com
