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East of Broken Bow | I don't know that I'd consider gold an 'investment' as it doesn't produce anything in terms of product, rent or dividends. Most investors I know consider gold more of a 'hedge'. Look back in history and you will see many examples of currency losing value quickly, in some cases so quickly that prices of things could change from day to day. Gold is far more stable, and is easily taken with you and cashed in.
Land is far more permanent, and much more an example of an 'investment', because it produces a product or income, as well as appreciating in value. Land is much more permanent though in that you can't take it with you, and it can't always be easily cashed in. | |
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Which is the best investment?
