Here, I show 3 different products that invests in Gold - equity , ETF and futures contract.
As to which one is suitable for you, you have to decide on your own risk appetite, understanding of the products, time line and investment objectives.
From a longer time frame on a monthly chart, we can clearly see that both XAUUSD and GLD since 1 Dec 2016 has been steadily moving to an upward trajectory. On comparison, CNMC stock listed in the SGX market was up initially before going downhill and stay stagnant in a sideway move for 10 years before a metoric rally this year !
Everyone risk appetite is different - some like it slow and steady so they can sleep well while others prefer the adrenaline rush of an overnight rally of sort !
Again, I hear some commenting that Gold is not a productive asset class and like Warren Buffett , we should refrain from investing in it. I disagree . WB is at a very different league. Your investable capital determines to a large extent what asset class you can invest in , how diversified you can extend and the timeline. Investing billions in 3 months Treasury bills will still yield him a substantial returns but not the common folks,
Of course, we are talking about money you can afford to lose not all entire fortune just to copy his style. So, you can see a 1000 or 5000 capital invested in gold will yield you pretty good returns!
Do not follow others blindly and learn to have your own investment style. Afterall, you are responsible for your own wealth creation. Other's portfolio can serve as a reference for you to consider the risk/rewards.
P/S : invested in XAUUSD, GLD not CNMC (views may be biased, please DYODD)
As to which one is suitable for you, you have to decide on your own risk appetite, understanding of the products, time line and investment objectives.
From a longer time frame on a monthly chart, we can clearly see that both XAUUSD and GLD since 1 Dec 2016 has been steadily moving to an upward trajectory. On comparison, CNMC stock listed in the SGX market was up initially before going downhill and stay stagnant in a sideway move for 10 years before a metoric rally this year !
Everyone risk appetite is different - some like it slow and steady so they can sleep well while others prefer the adrenaline rush of an overnight rally of sort !
Again, I hear some commenting that Gold is not a productive asset class and like Warren Buffett , we should refrain from investing in it. I disagree . WB is at a very different league. Your investable capital determines to a large extent what asset class you can invest in , how diversified you can extend and the timeline. Investing billions in 3 months Treasury bills will still yield him a substantial returns but not the common folks,
Of course, we are talking about money you can afford to lose not all entire fortune just to copy his style. So, you can see a 1000 or 5000 capital invested in gold will yield you pretty good returns!
Do not follow others blindly and learn to have your own investment style. Afterall, you are responsible for your own wealth creation. Other's portfolio can serve as a reference for you to consider the risk/rewards.
P/S : invested in XAUUSD, GLD not CNMC (views may be biased, please DYODD)
Nota
bought more XAUUSD
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.