peakaboo
03-18 22:29

I have been monitoring and bought gold and silver when the news of US attack Iran on weekend. But.... price movement not what I expected. I was contemplating to sell at loss.. 

Here is the moment you need to take some time to think.. gold still have value and its place. Silver still have demand and supply in future will see less of it... All this showing long term is still good to hold...

Another important point do not put your egg in one basket. My strategy is to allocate only 10% in precious metal and the rest in reliable dividend income stocks and bonds. 

Whatever strategy you use try not to put more than 20% in one area of investment. In such you divided your risk into at least 5 area of investment diversification. Hope my sharing could help you take a wider view and keep investing for your future. ☺️

Gold May Hit $4500? Would You Add or Expect More Selloff?
Gold was down 5% in two days, hitting $4600 - a six-week low. Silver falls into a "bear trap"? Leveraged ETF AGQ crashes. Is the selloff offering a discount? Would you add gold and silver?
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