Author Topic: why is gold valuable?  (Read 3480 times)

uh, well actually quite a lot of other things are considered valuable and precious
yes like all of u, ur all valuable and precious <3

ive considered investing in gold. my local bank has a ton of 2oz gold bars for like $2500 each and you can just walk in and buy them to your hearts content. it'd probably be a good idea to hold on to like a kilo of gold. it probably wont gain much value in your lifetime but im sure you could just pass it on to your next of kin and in like 500 years it'll probably be worth like $200,000


ive considered investing in gold. my local bank has a ton of 2oz gold bars for like $2500 each and you can just walk in and buy them to your hearts content. it'd probably be a good idea to hold on to like a kilo of gold. it probably wont gain much value in your lifetime but im sure you could just pass it on to your next of kin and in like 500 years it'll probably be worth like $200,000

gold is a bad investment. the value never fluctuates too much and has remained generally consistent for about 100 years

also any value increases generally match the inflation rate so its not like the increased dollar amount will actually mean anything

gold is a bad investment. the value never fluctuates too much and has remained generally consistent for about 100 years
also any value increases generally match the inflation rate so its not like the increased dollar amount will actually mean anything
im sure as technology advances in the next hundred or so years gold will start to become more valuable. it seems to be used in a lot of electronics and space stuff

until then though its a safe investment that wont really change at all so if theres some economic trouble that'l help

gold isn't much of an investment, it's more of a........... backup. if you have a lot of gold, and suddenly the US dollar gets completely forgeted, you still have a lot of value in that gold

what happens once NASA uses all the gold in the world?

bonds are a better investment than gold, but the best is mutual funds (in my opinion). you just gotta really do your homework on what you're investing in.

bonds are a better investment than gold, but the best is mutual funds (in my opinion). you just gotta really do your homework on what you're investing in.
Blanket statements like this show you know very little about wealth management. 'Better investments' depend entirely on the investors portfolio. Asset allocation is important to manage risk and that completely undermines the idea that one investment vehicle can be objectively better than another (or that there can be a 'best' type of investment)

what happens once NASA uses all the gold in the world?
uh nothing because that's not gonna happen even remotely

Blanket statements like this show you know very little about wealth management. 'Better investments' depend entirely on the investors portfolio. Asset allocation is important to manage risk and that completely undermines the idea that one investment vehicle can be objectively better than another (or that there can be a 'best' type of investment)

like i said, do your homework beforehand lol.

but yeah, i know very little about this but just communicating what i've learned. i'm probably wrong

i'm probably wrong
If you think this, don't post about investments in future

uh nothing because that's not gonna happen even remotely

Yea rather disappointingly there's such a tiny amount used in individual electronics it's not really worth salvaging for an individual

unless someone tells me I'm dead wrong in which case I'll be glad I've been hording circuit boards

Yea rather disappointingly there's such a tiny amount used in individual electronics it's not really worth salvaging for an individual

unless someone tells me I'm dead wrong in which case I'll be glad I've been hording circuit boards
there's about $2 worth of gold in every computer