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Reply to "Husband want to convert all savings into gold"
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[quote=Anonymous]Gold (and other precious metals) are quite volatile. 5-10% of your savings in them is not loony because they tend not to correlate with other assets, but beyond that is very risky. Just buy a Total Stock Market Index--that will get you exposure to all the businesses (of a certain size) around the world. Not dollar dependent. He could buy some international bond funds (ones not tied to US currency) or an etf of assorted foreign currencies. [/quote]
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