Why is Gold so popular investment?
It seems like it is highly disadvantaged when compared to other assets as:
-It is aggressively taxed compared to other investments (28% v. 20%)
-It has little intrinsic value unlike real estate or stock on companies
-It is usually bought at a premium, and sold at a discount in terms of physical gold
-Not spectacular constant returns
So, why is it such a popular investment?
$Gold (LIST2110.US)$ $GoldMining Inc (GOLD.CA)$ $ZHAOJIN MINING (01818.HK)$
-It is aggressively taxed compared to other investments (28% v. 20%)
-It has little intrinsic value unlike real estate or stock on companies
-It is usually bought at a premium, and sold at a discount in terms of physical gold
-Not spectacular constant returns
So, why is it such a popular investment?
$Gold (LIST2110.US)$ $GoldMining Inc (GOLD.CA)$ $ZHAOJIN MINING (01818.HK)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
