How To Make Millions Using Precious Minerals

How To Make Millions Using Precious Minerals

How To Make Millions Using Precious Minerals

Chris Palmeri (Senior Correspondent, BusinessWeek) gives expert video advice on: How can I make millions using precious metals?

How can I make millions using precious metals?

This investing in commodities like precious metals is a very risky game. We've had this shift this decade toward hard assets, oil, gold, things that were unappreciated for 20 years before. So, they've been hot. They're rising in value but right now, you want maybe exposure to that part of a diversified portfolio. You can buy mutual funds, commodities, gold, oil. All of them, or just one specific one. And have a part of your portfolio, maybe 5 %, in those things. It is important. They'll be up. They'll be down. Long term, it's a good idea, but would I advise you to go out and buy a bunch of gold bullion and sit on it? Not the best idea.