12/19/24: Gold!

12/19/24: Gold!

From THE TRUTH ABOUT YOUR FUTURE with Ric Edelman by Ric Edelman

December 19, 2024 · 19 min · Episode 534

About this episode

This episode discusses the role of gold in portfolio diversification and the complexities of investing in gold and Bitcoin.

Gold plays a key role in portfolio diversification, however, buying physical gold involves significant challenges such as storage, security, and commissions, which has led many investors to opt for gold-backed ETFs like GLD, offering convenience, liquidity, and lower costs. Plus, the decision of whether to hold investments like Bitcoin in a taxable account or an IRA depends on tax and risk factors making the choice more complex. #Gold #Investing #GoldETF #GoldMarket #GLD #PortfolioDiversification #InflationHedge #InvestmentStrategy #GoldCoins #PhysicalGold #InvestmentAdvice #GoldMining #Bitcoin #IRA #CryptoInvesting #TaxableAccount #RothIRA #CryptoTaxStrategy #InvestmentStrategy #CapitalGainsTax #TaxDeferral #InvestmentAdvice #FinancialPlanning #RetirementPlanning ----- Stay Connected on Ric's Distribution List https://bit.ly/ric_edelman Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today’s show: SPDR Gold Shares ETF from State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/spdr-gold-shares-gld State Street Global Advisors: https://www.ssga.com/ 1/15 Webinar - Your Crypto Questions Answered…

People in this episode

Host: Ric Edelman

Topics covered

  • Gold
  • Investing
  • Portfolio Diversification
  • Gold ETFs
  • Bitcoin
  • Tax Strategy

Keywords

  • Gold
  • Investing
  • Gold ETF
  • Bitcoin
  • Portfolio Diversification
  • Taxable Account
  • IRA

Mentioned in this episode

Organizations: State Street Global Advisors

Products: SPDR Gold Shares ETF, GLD, Bitcoin

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