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10 Risky Investments


8
Precious Metals
Even if the value of precious metals like gold rises, it probably won't provide any significant income.
Even if the value of precious metals like gold rises, it probably won't provide any significant income.
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So you're hearing a lot of talk about gold prices going up. Nothing else seems solid, so why not buy something that you can touch and see? Financial planners give several reasons: storage costs, insurance costs and lack of short-term gains.

Despite the recent run-up in gold prices, metals don't increase substantially over months or years. In 2010, gold reached the same price it held in 1980.

"What if you actually owned a bar of gold?" Grable says. "You're paying money to hold the assets. It's not going to provide income. Most investors want investments to provide income."

Granted, he says, the short-term gains are attractive. "Starting in 2000, if you owned gold, you looked really smart."

Finance Planning Tips

Here are some tips to help you with generating income and planning for the future.

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