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Ask Dave

Investing In Gold

Gold bullion has a horrible track record over the last 50 years, so Dave doesn't recommend investing in it.

QUESTION: Listener asks if it's good to have gold bullion as part of your investment portfolio. Dave doesn’t recommend it.

ANSWER: It’s got a horrible track record. It’s averaged 4 percent over the last 50 years. I wouldn’t own gold or any precious metal as part of my investments.