Is Gold A Good Investment In 2024?

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Invest in global stocks and ETF's (including gold, if that's what you want) with Interactive Brokers (themillennialfinance.com/ibkr)
Gold has been performing really well recently and I know a lot of Malaysians like investing in it. It has its use cases and at times can be a good trade but for me, I wouldn't invest in it for the long-term.
With so many options out there, would gold really make sense as an investment for retirement?
⌚ Timestamps:
00:00 Intro
00:28 Gold is not a productive assets
2:57 Gold trades at a premium
5:29 Gold hasn't been doing its part in a portfolio
9:34 Bitcoin seems like a better option
11:00 Why I could be wrong
12:27 My personal view on gold as an investment
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Опубликовано:

14 июл 2024

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Комментарии : 40

@badehgusardaneshkdeh3764 3 месяца назад

It seems everyone is still relying too heavily on the charts now. Imho, when the ETF's stepped into Crypto it changed the game. The Bitcoin Baby has been born and will grow up fast. The Crypto Market now has a rubber stamp of approval. Wall Street is in the game now and It will become the store of value we have been talking about. The rules are already changing. We would have normally had a corrective retrace by now, yet Bitcoin has been steadily rising. The name of the game is getting out with profit, but when exactly to get out this Super Cycle is going to be a tricky one. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 3.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@badehgusardaneshkdeh3764 3 месяца назад

She's often interacts on Telegrams, using the user-name.

@badehgusardaneshkdeh3764 3 месяца назад

@Lindawilburn

@Mikeygrady 3 месяца назад

I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

@Curtissanchez1 3 месяца назад

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

@julianososa 3 месяца назад

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

@SaadonAksah 3 месяца назад

Well strictly speaking its not an investment but rather a hedge against devaluation of paper money. Personally Id like 5 to 10% of my portfolio to consist of gold. Nah Im not gonna touch bitcoin not even with 7ft pole 😂

@MillennialFinanceMalaysia 3 месяца назад

Don’t you think stocks are a good hedge against devaluation of money? Regardless I wouldn’t say gold is bad la, just not for me. 5-10% allocation is completely reasonable

@hailyrizzo5428 2 месяца назад

@@MillennialFinanceMalaysia don't you think stocks fluctuate too much? and which stock? if you pick the wrong company, it maybe devalue or go bust depending on so many factors, especially if you want to hold it for decades. the index? look at the nikkei. maybe if you are warren buffett just focusing on US market it's fine, because the US economy is barometer of the world's economy. our KLSE also go like roller coaster. that's not preserving the value of your money.

@MillennialFinanceMalaysia 2 месяца назад

@@hailyrizzo5428 ye stocks are a higher risk, higher reward investment. i dont go for individual names anymore, only ETFs. A lot of ppl point to Nikkei which was a massive bubble back then but I believe even then if you DCA'd youd be rewarded pretty handsomely. Can always diversify region wise, there are US, Europe, Asia, Emerging Markets ETF. Enough for you not to get too concentrated into any particular country

@jmm1817 2 месяца назад

@@hailyrizzo5428total market index fund from Fidelity or Vanguard max out your Roth IRA every month with that fund in it

@jmm1817 2 месяца назад

@@hailyrizzo5428that way you don't risk picking the wrong companies you will have a sliver of many many big S&P companies

@eusofffathi8455 3 месяца назад

Thumbs up on your opinion, nice to see someone who has an opposite opinion on Gold

@MillennialFinanceMalaysia 3 месяца назад

Yep but it’s just an opinion! Could be wrong haha

@HahaTvProduction 2 месяца назад

Agreed!

@izzr98 3 месяца назад

Selamat Hari Raya Emir! I am team gold for sure and it makes up 10% of my portfolio. What do you personally invest on?

@Callen85 3 месяца назад

For me stock and crypto

@MillennialFinanceMalaysia 3 месяца назад

Selamat Hari Raya! I’m nearly 100% allocated to stocks, it’s my preferred investment. I think 10% to gold is ok though, not too high

@Callen85 3 месяца назад

I also not fully invest in gold..but i have some physical gold bar in my hand..mostly i invest in s&p500 and crypto

@MillennialFinanceMalaysia 3 месяца назад

That’s ok imo, having a small allocation is all g

@jayden1759 9 дней назад

You are so wrong for this but I like that way you talk about it

@MillennialFinanceMalaysia 7 дней назад

LOL ok to have diff opinions

@syamim040 3 месяца назад

Cocoa can go up to 300-400% imo, EU based company can't even buy cocoa directly from Indonesia, need SG and MY as middleman make it much pricey.. Just brace yourself with more pricey chocolate.. Even cadburry's company have a plan early this year to start increasing their prices😔

@MillennialFinanceMalaysia 3 месяца назад

Ye been seeing it go like crazy. Wanted to take a short but think I’ll get killed 😂

@ndarrell1 3 месяца назад

Do you invest in stashaway s&p500

@MillennialFinanceMalaysia 3 месяца назад

Yep!

@OutSider5112K Месяц назад

@@MillennialFinanceMalaysia Wht the

@oxfordbambooshootify 3 месяца назад

Everything is at all time highs. Cash out. No investments

@MillennialFinanceMalaysia 3 месяца назад

Holding cash is a position too, you just think it’ll do better than other investments

@patbenz4327 2 месяца назад

Real Estate Stocks (REITs) are not at all time highs... Quite the opposite

@MeetKhairul 3 месяца назад

It’s not an investment. It’s for protection, the last line of defence. Is universally accepted to barter with should the world go into shit. You can use it to buy your family out of the country, etc. It’s a store of value without any dependency. Comes down to how one wants to use this special trait in their strategy. You can also sprinkle this around the globe if you’re planning your citizenship options.

@MillennialFinanceMalaysia 2 месяца назад

Fair point, it would probably do really well in a doom scenario