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Reply to "Age 55 what % precious metals?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency. I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%. [/quote] Jewelry is not an investment. [/quote] That’s an odd statement. It’s at least worth its precious metal/gemstone content…but certainly Tiffany or other antique jewelry can be an investment the same as artwork can be an investment. [/quote]
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