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Maria Aspan

๐Ÿ‘ค Speaker
155 total appearances

Appearances Over Time

Podcast Appearances

Life Kit
Gold is having a moment. Is now the time to invest?

I think that's just so important for any kind of investment.

Life Kit
Gold is having a moment. Is now the time to invest?

Like, don't buy into something just because you're looking into the rearview mirror and it's done really well in the past.

Life Kit
Gold is having a moment. Is now the time to invest?

So I will start by telling you that the advice out there is all over the place.

Life Kit
Gold is having a moment. Is now the time to invest?

The hedge fund billionaire Ray Dalio, who founded Bridgewater Associates, he's out there saying you should put as much as 15 percent of your portfolio in gold.

Life Kit
Gold is having a moment. Is now the time to invest?

Now,

Life Kit
Gold is having a moment. Is now the time to invest?

That is super aggressive compared to what most other advice is.

Life Kit
Gold is having a moment. Is now the time to invest?

Some of the financial advisors I've talked to, like Katie, they say maybe none.

Life Kit
Gold is having a moment. Is now the time to invest?

You know, they do not automatically include any gold in the portfolios that they create for clients.

Life Kit
Gold is having a moment. Is now the time to invest?

And then Lee, he's kind of middle of the road.

Life Kit
Gold is having a moment. Is now the time to invest?

As you heard, he thinks that gold is pretty overhyped these days.

Life Kit
Gold is having a moment. Is now the time to invest?

But he has advised clients to buy into commodities as part of a more diversified portfolio.

Life Kit
Gold is having a moment. Is now the time to invest?

And this is his general advice.

Life Kit
Gold is having a moment. Is now the time to invest?

So less than 5%.

Life Kit
Gold is having a moment. Is now the time to invest?

His advice is less than 5%.

Life Kit
Gold is having a moment. Is now the time to invest?

And I should point out, that's, again, his general advice for investing in any one thing, whether it's gold, whether it's one particular stock.

Life Kit
Gold is having a moment. Is now the time to invest?

So his advice is 5% is starting to be too much.

Life Kit
Gold is having a moment. Is now the time to invest?

Yeah, I mean, and we've seen sort of silver and copper kind of mimic what's going on with gold.

Life Kit
Gold is having a moment. Is now the time to invest?

So silver and copper have hit record highs also, but they're so much less expensive.

Life Kit
Gold is having a moment. Is now the time to invest?

Like silver is trading at $80 per ounce versus $4,500 per ounce for gold.

Life Kit
Gold is having a moment. Is now the time to invest?

That said, there are some more use cases for silver and copper in more industrial purposes than we see for gold.