IN76
2022-04-06

It is important that our portfolio is diversified so that we can ride on the wave when the market is down recently. I have invested in $SPDR Gold Shares(GLD)$to hedge against market uncertainty and a possible recession. The price of gold has been holding steady between 179-180. 

Is it time to invest in gold? 


@TigerStars

šŸ’° Stocks to watch today?(22 Nov)
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Comments

  • BorisBack
    2022-04-06
    BorisBack
    In the current environment, diversified investment is the best way to reduce investment risk. You can try to invest in chip stocks or electric vehicle stocks.
    • IN76:Ā 
      Thanks


      Will keep on my watchlist
  • LeilaLynch
    2022-04-06
    LeilaLynch
    I think the current price of gold is a little high, it should still have a lot of room to fall back. But if you want to preserve your value, it's a good investment.
  • CyrilDavy
    2022-04-06
    CyrilDavy
    Agree with the author that the value of gold as a hard currency is very stable and can better hedge against the effects of inflation.
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