The Problem With Investing in Gold – Episode 093

Summary:

Welcome to the ninety third episode of the prosperity podcast! Today our hosts Kim Butler and Todd Strobel talk about the idea of buying gold as an investment. They discuss the problem with labeling gold an “investment” and ask gold buyers to consider – what exactly do you want your money to do for you, and how does gold fit into that? Tune in to find out what investments can replace gold and what investments are actually effective hedges against inflation.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Show Notes:

00:00 Intro

00:53 Gold as an Investment

02:09 The Three Things That We Want Our Money to Do

03:56 Does Gold Create Value or Solve a Problem?

06:03 What About Gold That is Also Art?

08:51 Why You Shouldn’t Use Gold as a Hedge Against Inflation

10:33 What is a Hedge Against Inflation?

12:02 The Problem With Storing and Controlling Gold

15:32 Outro

Leave a Comment

Your email address will not be published. Required fields are marked *

Share this post

Facebook
Twitter
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!

Get your free wealth-building action strategy. Take the quick finance quiz now. Get Access