It is important that our portf

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

💰 Stocks to watch today?(23 Dec)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

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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:
  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.
- IN76:
  Thanks
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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