We say: not if you’re smart. Setting a stop loss and bailing when a holding falls 8% off its high or dips below its 200-day moving average. Holding on as something falls and thinking that it will turn around is a mistake many investors make – don’t fall into that trap.
History has shown that gold is no guarantee of wealth, and that it is unlike any other asset class.
There are several gold ETFs available: streetTRACKS Gold Shares (GLD) and iShares COMEX Gold Trust (IAU) hold gold futures, while Market Vectors Gold Miners (GDX) holds mining companies.
