Gold is fairly volatile. Nobody can predict what is going to happen in the markets in the next 5 minutes, so predicting 20 years off is a non-starter.
Look back twenty years to the 90s - see the price of gold then. Just understand that the price of gold could have gone up or down in the intervening time. As it happened, it went up - YOU CAN'T PREDICT THE FUTURE.
Maybe we should all be investing in crystal balls.
If you can afford it. Gold is not an investment but money or hedge against inflation and bad economy. In 20 years gold could be worthless or could be worth more. I buy gold but not because I think it will rise up; just collect. I am hoping now gold goes down so I can buy more. Do your research and go from there.
Probably not. What was the price of gold 20 years ago? Collecting a few gold coins for your grandkids is not a bad idea. When you give them the coins, if the kids are young enough, they will be impressed.
If you get professional advice for investment in gold market so , no need to wait till 20 years for profit, you can earn money with few days. You can't blindly trust to anyone, get advice for this only from expert like MMFSolutions.com
Gold increases in value & decreases every day, its very difficult to know what the value of gold will be like in 20 years. save your money for college & become an investor so you can make real money.
You would be better off to buy an ETF in the S&P 500 or the Dow Jones and just buy it and forget about it. In 2044 you will be looking through your financial stuff and wonder where this $94,000 came from.
there is no guarantee it will increase substantially in 20 yrs - it has gone down 40% this year alone
I think its ok to buy some assuming you dont need the money and can just put it away.
there is no 100% guarantee investment vehicle Personally, I think you can make some money with it if you are ready. .
Im a teenager and was wondering if i buy gold now like just one coin and then wait 20 years will its value increase substantualy
