I myself see commodities as important for young people. Here I would use 50% gold and 50% silver.
This should be bought physically, as you are using it as an emergency currency and if you buy it as an ETF, who knows whether you can still sell it then
This should be bought physically, as you are using it as an emergency currency and if you buy it as an ETF, who knows whether you can still sell it then
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@schokosahne the old prepper myth.🫣 If the case arises that you need gold as currency, then you don't need gold but a gun.
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•@Dividenden-Penner I don't see it that way at all; if the worst comes to the worst, the price will go extremely high. The stock exchanges are often closed or trading is suspended and then you can go through the traders.
But that's a question of faith, for me it's purely a crisis precaution, because if you don't think about it, in most cases it's not worth investing in precious metals.
In the long term, the return is usually no better than on quality growth shares.
But everyone has to make their own decision. The preppers exist, of course, and there are even specially punched plates where you can always break out a piece.
If you need it, you can of course do it.
But that's a question of faith, for me it's purely a crisis precaution, because if you don't think about it, in most cases it's not worth investing in precious metals.
In the long term, the return is usually no better than on quality growth shares.
But everyone has to make their own decision. The preppers exist, of course, and there are even specially punched plates where you can always break out a piece.
If you need it, you can of course do it.
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