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Gold belongs only in the portfolios of fearmongers and speculators. If you own gold in your portfolio, expect to not get paid an income, pay higher taxes on your returns, take a more volatile ride than the stock market, and get a long-term return lower than bonds.
Peter Mallouk The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
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Gold belongs only in the portfolios of fearmongers and speculators. If you own gold in your portfolio, expect to not get paid an income, pay higher taxes on your returns, take a more volatile ride than the stock market, and get a long-term return lower than bonds.
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Peter Mallouk

The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right

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