The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Precious Metals Investing||Date: 11/4/2010 1:45 PM|
|Author: gdett2||Number: 67673 of 81640|
Ownership of physical gold has the problem of safe storage. If you have an adequate safe or safety deposit box, Ok. If not, it can be very risky.
Insurance riders can be expensive.
Keeping the lid on your "secret" can also be a problem. An aquaintence of mine back in the 90's overheard his son talking with a couple of his friends about his Dad's gold in the house. Needless to say, he was surprised beyond belief. He rented a safe deposit box the next day.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|