Questions about gold - newbie investor

MEM62

EasyToAssemble01 said:

Considering gold's relative stability and holding it's value in the long-term, why do people never invest 

Gold does not generate either revenue of significant growth in value.  It is also illiquid.  On top of that investing exclusively in one asset is extremely unwise. 

EasyToAssemble01 said:

I know other investments can yield better returns at certain points, but they come with more risk. 

Not at certain points - at almost every point.  And all investments come with risk. 

EasyToAssemble01 said:

Is the promise of better returns the only reason to diversify from gold?

    Nope, there are a host of other seasons, as explained in other responses.  
 

ColdIron

MEM62 said:

EasyToAssemble01 said:

Considering gold's relative stability and holding it's value in the long-term, why do people never invest 

 It is also illiquid

I disagree with that. Gold is highly liquid and traded globally on many markets. You can buy and sell it easily in almost every country in the world. Take a walk in any city in Asia

It has an international spot price that changes every second of every day, not a feature of an illiquid asset that I've ever seen

Trust me, you will never have a problem buying or selling your gold

https://www.kitco.com/charts/gold

Eldi_Dos

If you do buy gold items overseas it is not difficult or expensive to get your local Assay Office to test and hallmark them.