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$¥€ asked in Business & FinanceInvesting · 1 decade ago

Should I buy gold?

I am 17 and I have made about $1000s working for a month and I have been seeing my hard earned US dollars sink in value, so I was wondering should I invest by money in gold?

3 Answers

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  • 1 decade ago
    Favorite Answer

    Gold stocks are currently up & have been for a while...check out current article http://www.gata.org/node/5943%3E & check out Wall Street for details- you're always taking a chance when investing in stocks. If you're looking for something safer , then mutual funds would be it (I say safer because nothing is 100% guaranteed). Hope this helps

  • Anonymous
    1 decade ago

    No!

    If you want to invest it, invest in quality mutual funds.

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