Thu, May 9, 2013 - 8:20pm
Q: Should I put my IRA into the Fidelity gold fund?
Background: Even with the 38% drop, this fund is still 8.3% (per year) up over 10 years. It is at it's lowest price since early 2008. See chart. Fidelity is bullish for long-term trend. They hold mine stock, not sure about actual bullion. Seems like an excellent time to buy.
Nothing is sure anymore, but my IRA is currently 'managed' and they done squat for years now. With the Market being up alot due to the QE infinity bubble, so is the IRA, but I know the Market will crash heavily, hence seeking to protect it.
Edited by: AstroTurd on Nov 8, 2014 - 5:30am