Why should I use gold to diversify from “good” stocks?
*Dow Theory Letters, Richard Russell, January 30, 2007
“I get a load of investment reports, and they all list stocks that I ought to buy. It’s a hopeless procedure, as far as I’m concerned. I can’t tie up my money in all these stocks. Most pay little or no dividends, and that stops me right there. Furthermore, these are not outstanding values. Sure they are “good” stocks, but when the market is overbought or overvalued or just plain “tired,” good stocks can go down along with the bad, particularly if they offer low dividend yields.”
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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