Precious Metals Portfolio Diversification
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Business & Economics
Ask an Advisor: Should I Move Some of My $650k from Stocks to Precious Metals?
75% Informative
Investing a portion of a portfolio in precious metals is a common practice.
If you keep the allocation modest - around 5% - I think it's okay to use precious metals for peace of mind.
Precious metals can increase diversification in your portfolio.
Inflation protection is another major reason investors hold precious metals, particularly gold.
Ask an Advisor: Should I move some of my $ 650k from Stocks to Precious Metals? SmartAsset AMP (Advisor Marketing Platform) is a holistic marketing service financial advisors can use for client lead generation and automated marketing.
Brandon Renfro , CFP , is a SmartAsset financial planning columnist and answers reader questions.
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