Gold rise is an interesting surprise because it has seen some correction when I bought some on FOMO in last high. China/Russia and probably quite a few countries knew there are not much options against USD, and Gold is one of them that can help mitigate. So my thought process is long term hold even if there is deep correction so the allocation is sized to able to hold. At the same time Gold can be use to mitigate against volatile foreign currencies.
There are two ways I have invested Gold. One is through Gold saving account which is not tracked in equity portfolio, and another through Gold ETF (SGD) which is. SGD denominated means we can avoid the need to pay for currency exchange. Currently, no plan for physical gold.
The big question I have for my portfolio is where do we go from here ? Something I need to think about in coming days,
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2025-0922
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Disclaimer: The articles presented in this blog reflect personal opinions and are intended for informational and sharing purposes only. Not responsible of errors. Readers are advised to seek professional guidance when making financial decisions and should take full responsibility for their choices.
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