By Elizabeth O'Brien | Sunday, January 11
I have major gold FOMO (fear of missing out). Since I haven't owned the precious metal, I missed out on 66% gains last year and an additional 4% so far this year. Gold is likely to keep shining, given geopolitical tensions and growing central bank purchases. So it's not too late to get in on the action.
That said, it's best not to time the market. Instead, pick a set allocation–say 3% to 5% of your portfolio–and keep it steady. Gold is unpredictable, and investors won't always be as richly rewarded as they have been over the past year. There have been plenty of stretches where the yellow metal has underperformed, and it doesn't pay dividends. A little bit goes a long way.
These are uncertain times. As tempting as it may be to hunker down in the familiar, it's important to branch out. In an increasingly fragmented world, there will be more regional opportunities than before, so don't neglect international stocks.
Read more about where to invest in today's edition.
Commentaires
Enregistrer un commentaire
Thank you to leave a comment on my site