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Should I buy gold or silver for and investment? | Gold Buying Blog

16 August 2010 No Comment

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5 Comments

Should I Buy Gold or silver for and investment?

At this time or in the future would Gold or Silver be a good investment against inflation? Or should I invest in Oil?

If all of those are not good options at this time, where should I invest my money to protect myself against inflation?

Gold, silver and oil are risky right now because of their price.Plus they pay no interest.

Cash deposits (CDs) are insured to 100k at most banks. they pay more interest than the inflation rate, so they fit your request. Check Bankrate.com for best rates.

Another idea are ibonds. These will increase in value if inflation increases. you can buy these from fed directly.
If you prefer you can buy TIPS from Vanguard. The Vanguard TIPS fund has a yield of 2.40%, plus inflation protection.

Also, if you want10-15% in stocks (which will rise over time), you can buy Vanguard’s total stock market index fund . all stocks in us market (5000+) are in the fund. so, the fund is very diversified. That means if a single stock goes down it will not hurt you.

Here’s what i would do
10-50% stocks (vanguard total market index)
10-20% Int’l stock fund (vanguard int’l market index fund)
10-30% TIPS or ibonds (from vanguard or treasury direct)
10-50% CD’s (from a bank)

Should I buy gold or silver for and investment? | Gold Buying Blog

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