Do you invest in gold?

@deejean06 (1953)
United States
March 6, 2009 9:57am CST
I've been hearing many advertisements on the radio and seeing many on tv about investing in gold? Do you think that this is the only safe investment since the stock market is in a freefall now? Is it worth to save if the dollar is going to fall as well? What are you doing? What do you think? Any advice?
1 response
@moneymommy (3420)
• United States
6 Mar 09
I personally think gold is a wise investment choice. I am happy that I have gold on hand because when ever I need a loan I can get it with the gold I have. If I had more money to spare right now I think I would invest in more gold if I where going to invest in anything that would be it. The stock market at this point in time is very rocky but on the other hand you could find a lot of great bargains right now and make out in the end when the markets improve.
@deejean06 (1953)
• United States
6 Mar 09
Thanks for the response! I regret that I didn't invest in gold sooner because all the money we put into our retirements this past year seems silly now. We can only hope that when we are ready to retire the market won't be like it is now.