I'm bullish on both gold and silver, it will do ok. But it's a tiny bit of my portfolio. I don't invest in gold or silver directly. Just own stock in one gold and one silver mining company. Both will do way better in the long term than a direct investment in either commodity. Once upon a time I held a bit of gold, cost me $300, sold it for $150 20 years later. i did enjoy that ring on my finger for most of that time. The investment paid huge dividends, three amazing children, but it was not a good investment at all from an intelligent investor perspective, but as an emotional investor I have no regrets.
It's ok to live your life making a few financial decisions that financially don't make any sense. More important to take time to enjoy a moment in time, sometimes. to be rich hmmm a billionaire? That's not me, happiness is not money, happiness comes from strong relationships. The joy of making someone you love happy. Money helps for sure, but it's not the holly grail. A sticky note on a sandwich saying "I appreciate you" can do way more.
That's it for me today, a good day on the stock market. But my point I guess is gold or silver, lovely if it's going up, but it's not really a big thing, nice, but nah not going to sit on a desktop all day consuming me
Comments