Article preview: Gold is a bit like the Marmite of the investing world; you either love it or you hate it. For a minority of investors, often referred to as ‘gold bugs’, a bad word should never be spoken about this precious metal. Their obsessive belief in gold as the ultimate investment is unshakeable. But for most investors, investing in gold is a pretty bad idea. Here are three reasons why. Firstly, and arguably most importantly, gold isn’t really an investment. It’s a commodity.
Three reasons why gold is a bad investment
This 630 word blog post explains why gold is a bad investment. It covers gold as a non-wealth generating asset, challenges accessing gold in your portfolio, and the concept of a crowded trade. Written on 15th February 2019.
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