I won’t buy gold even if the USD keeps sliding. I think there is a possibility of the Chinese yuan being one of the world’s reserve currency. Also, there are many stocks that can offer greater yield than me holding gold. In terms of returns, I prefer to hold stock.
My preference has always been the ETF that tracks the world index eg VTI so I would keep to that. I also do thematic ETFs eg in semiconductors like SMH and this strategy has fitted my risk appetite and generated good returns. A weakening USD would affect returns but that affects almost all asset classes.
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- William85·10-27TOPAbsolutely insightful! Can't wait to see how this unfolds! [Cool]1Report
- Athena Spenser·10-27TOPVTI’s safer for returns!1Report
- Maurice Bertie·10-27TOPVTI/SMH fit my risk, better than gold!1Report
- tothehill·10-27TOPInteresting perspective! Love the insights! [Cool]✨LikeReport
