Katherine Hamilton

speaker

654 appearances 14 recordings 1 series first heard Apr 2024 last heard Jan 2025

Katherine Hamilton’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Why It’s Harder to Sell Gold Than to Buy It · 29 Apr 2024 podcast

It's going to be a little bit below. matched

So you're going to end up losing somewhere around 5% if you buy and then immediately sell gold. matched

It's definitely more of an investment for somebody who wants to hold on for the long term because gold doesn't have as high of a return as stocks in the short term. matched

It doesn't necessarily go up as consistently or as quickly as stocks. matched

But over the long term, it is a little bit more resistant to economic fluctuation. matched

It's probably not going to drop as precipitously as a stock. matched

If you want something to hedge against that kind of thing, gold can be a good option. matched

The main one is just to know that there are some expenses associated with investing in gold. matched

Just knowing that if you ever do decide to sell, that there are going to be a lot of options and you might get some pretty widely varying price offers. matched

And then also being aware of some of the other expenses like interest. matched

ensuring your gold, making sure you keep it safe while you have it, and also there is an increased tax on the gold. matched

Gold is usually considered a collectible, so it's going to be a 28% on any profit that you get from selling it, whereas selling a stock is more of a 20% tax. matched

I spoke to two people who had different experiences. matched

One person did buy gold right from Costco, and then he immediately turned around and sold. matched

And his main goal there was to rack up credit card points. matched

But he did end up selling for a lower price than he bought. matched

which he was fine with because he did get the credit card points, but that does exemplify how the value can drop immediately. matched

And then the second person I talked to, he had held onto his gold for almost 10 years and he was able to make a profit. matched

But yeah, that's clearly a pretty long time to hold onto an investment. matched

That individual, he referred to himself as a stacker. matched

Showing 581–600 of 654 · page 30 of 33