Telemus Blog

Are Gold Bars And Coins A Good Investment In 2024? Here's What Experts Think

Written by CBS News | Jan 9, 2024 7:40:00 PM

 

While physical gold bars and coins can offer inflation protection and security in 2024, Matt Dmytryszyn, Chief Investment Officer, notes: "It can be expensive." Storage, transport, and transaction fees add up, requiring long-term commitment. Consider alternatives like gold ETFs or stocks for easier access, though you'll sacrifice the physical asset hold. Remember, diversification is key for financial security.