IS GOLD A GOOD INVESTMENT IN 2023?? I'll provide the details, you make the decision! Getting gold before or during a market crash can protect your purchasing power and can be a good asset to store your wealth during a turbulent economy. Now will gold increase during recession? It doesn't matter! We cannot look at gold as an investment, we aren't looking for quick gains, this is to preserve our wealth so it's a long term play. Will gold be worth more in 10 years? That is the main thing that people are thinking about wrong. Gold is gold. The mentality should be is it going to be worth more, that's looking at it as an investment. The mentality is in 10 years, the value of the dollar will be worth less, making the gold you buy more valuable in USD. So which is better? gold stocks or physical gold? Gold stocks have the same risk all intangible assets have, they are not in your direct control. So what happens to gold during a stock market crash? If you are in the gold stock, you have is to hope the stock appreciates again. If you are in physical gold, the demand tends to jump during recession and you can search around for buyers giving you the best price. What are the pros and cons of a gold IRA? It allows you to put physical assets to work for you during your retirement, but you cannot get possession of the gold so I am personally weary of that. Still, you can get the tax benefits of using retirement plans so weigh out the pros and cons for yourself and see if you can find a good gold IRA to invest in. BE IN CONTROL OF YOUR MONEY. Don't spend another year in confusion having a job with nothing to show for it. Invest in the ultimate money course which covers everything from budgeting to investing: https://krystal-todd-s-school.teachable.com/ Let's be friends EVERYWHERE https://lnk.bio/KrystalToddCPA Instagram: @thecashcompass Tiktok: @krystaltoddcpa Business e-mail: thecashcompass@gmail.com Support My Work: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*

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