Saturday, July 21, 2012

What percentage of my portfolio should go into Gold and other ...

Q: What percentage of my portfolio should go into Gold and other precious metals? Gold ETF?

I want gold in my portfolio but I manage it from my IRA. Is investing in a gold ETF a good option? In this economic climate and with inflationary fears I?d like to move 25%-30% of my IRA into a gold ETF. On the other hand, a Gold ETF is trade-able for nothing but cash in the event of monetary failure? So does this negate the point?

goldsenze.com Answer:

The sage advise is to own 2%, but not more than 5% in gold.
Better than gold in the long run is small cap stocks.

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