Gold- Is it the right time to buy some?
Gold has been the go-to hedge against inflation and uncertain economic/political/social situations. But has it always given good returns? Not necessarily. There have been times when gold has been in a range or even in a downtrend for more than a decade. Eventually it might rise, sure, but will you be willing to wait for so long? Of what use is the profit if you cannot enjoy it in your lifetime.
That said, if timed well, gold has also given phenomenal returns. So, in my opinion, it all comes down to finding the most probable time to buy and percentage of funds allocated, which should not and cannot be more than 25 to 30 percent, no matter what Robert Kiyosaki says. There is a lot to learn from him and a lot of what he says makes sense, but betting everything on Gold and Silver? Probably not.
That said, if timed well, gold has also given phenomenal returns. So, in my opinion, it all comes down to finding the most probable time to buy and percentage of funds allocated, which should not and cannot be more than 25 to 30 percent, no matter what Robert Kiyosaki says. There is a lot to learn from him and a lot of what he says makes sense, but betting everything on Gold and Silver? Probably not.
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