When my kid and his wife bought a house, I gifted them an ounce of gold. I think that was 2019? Maybe 2018? Don’t remember. Health issues back then, my memory is faulty.
I remember it was $1,800. Looks like it’s $2,046 now. So $250 in 4-ish years?
You overpaid quite a bit if you paid 1800 in 2018/2019 should’ve been around 1300 that time period. 1500 if late 2019. Even so Gold is like a less volatile index fund. It gives less but you risk less, historically.
If you buy gold to invest, you’re doing it wrong. It’s supposed to be a hedge. It’ll never give you amazing returns, but it will almost certainly never lose the value you put in, either.
Removed by mod
Interesting… must be the osmium or gallium.
When my kid and his wife bought a house, I gifted them an ounce of gold. I think that was 2019? Maybe 2018? Don’t remember. Health issues back then, my memory is faulty.
I remember it was $1,800. Looks like it’s $2,046 now. So $250 in 4-ish years?
You overpaid quite a bit if you paid 1800 in 2018/2019 should’ve been around 1300 that time period. 1500 if late 2019. Even so Gold is like a less volatile index fund. It gives less but you risk less, historically.
If you buy gold to invest, you’re doing it wrong. It’s supposed to be a hedge. It’ll never give you amazing returns, but it will almost certainly never lose the value you put in, either.