Comments on: 3 Reasons Why You Are A Genius For Not Investing In Gold (Now or Ever)

By: Deficit, Debt and Interest Rates Don’t Have To Add To Your Financial Stress

Fri, 19 Feb 2010 11:46:07 +0000

[...] years, gold has proven to be a terrible way to make money. Second, I’ve already written about gold and why you should not invest in it. My favorite T.V. show is coming up (Law and Order) so I’m not going to write another 1000 [...]

By: Personal Finance Adivce: 73 Must Read Personal Finance Posts of 2009

Personal Finance Adivce: 73 Must Read Personal Finance Posts of 2009 — Wed, 16 Dec 2009 11:58:51 +0000

[...] 3 Reasons Why You’re A Genius For Not Investing In Gold (Now or Ever) [...]

By: Stephen Davis

Stephen Davis — Wed, 11 Nov 2009 14:35:56 +0000

This is great work. It is another example of people getting in too late. By the time you hear it is great, it is over.

I actually consider stocks speculative too.

By: fix my credit

fix my credit — Fri, 06 Nov 2009 04:03:52 +0000

fix my credit…

I am going to add this website to my diggs!…

By: Chad Smith

Chad Smith — Thu, 29 Oct 2009 14:03:05 +0000

Really enjoyed the analysis. Speculating often results in a really great fake-out unless you can pinpoint the perfect time to exit. Here’s another commentary on the prospects of investing in gold…

Five Ways to Beat the Gold Rush http://bit.ly/4fbm0M

By: Neal

Neal — Sat, 24 Oct 2009 23:09:29 +0000

Monevator,

It’s my nefarious way of keeping you reading (or an error)…..you guess which… he he he

By: Weekend reading: Scare bear markets

Weekend reading: Scare bear markets — Sat, 24 Oct 2009 10:05:22 +0000

[...] Three reasons why you’re a genius for not buying gold — Wealth Pilgrim [...]

By: Monevator

Monevator — Sat, 24 Oct 2009 09:23:00 +0000

Great article. Couldn’t have said it better myself – and I know because I’ve tried!

One point though – your post slug says ‘4′ reasons… what are you keeping from us Neal?

By: Neal

Neal — Thu, 22 Oct 2009 00:07:30 +0000

Right Money Energy…..I agree completely. But still, if I can buy “insurance” that also pays dividends or rent, doesn’t that make sense to consider?

By: MoneyEnergy

MoneyEnergy — Wed, 21 Oct 2009 14:52:10 +0000

Great article. Everyone’s made all the important points here already. Gold doesn’t have to be an investment (as you said, it doesn’t even pay dividends!) – but it can be bought as insurance.

Just as we don’t make money from our insurance policies, we don’t “make money” from gold, but it’s still there for those “in case” scenarios.

And you’re right, US stocks are not the only game in town – there are many ways to play the coming inflationary cycle!