Q: Hi 5i team,
Wealthsimple allows clients to purchase physical gold in all accounts. My gold exposure is through AEM. Should I continue with AEM or switch to physical gold?
Best,
Matt
Wealthsimple allows clients to purchase physical gold in all accounts. My gold exposure is through AEM. Should I continue with AEM or switch to physical gold?
Best,
Matt
5i Research Answer:
We can't personally direct answers. Gold bullion is generally seen as better for 'insurance' against financial collapse and other issues that might beset the world. Gold stocks are still stock and can be sold when investors get scared. We think a combination of both can work well and we do not have objections to an investor owning a bit of bullion as insurance.