Discuss benefits and risks associated with purchasing gold

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Reference no: EM133652292

Problem: I have been a Costco member for many years. It is not a secret that customers spend more money than they plan to for many reasons. I once went into Costco to buy a case of water and came out with a 75-inch TV. If the $1.50 hot dog/drink combo or $4.99 Rotisserie chicken was fantastic, they also sell gold bars. There has been a debate about whether investors should include gold in their portfolios, as gold buying could be a great way to diversify investment assets, especially during times of high inflation. However, finding a gold dealer that you trust and does not charge you an arm and a leg can be more difficult than it seems. That is why buying your gold bullion from the same place you buy your bulk mayonnaise may be silly, but Costco offers one of the most important aspects of gold buying: a trusted retailer (Please refer to a WSJ article "You Can Buy Gold Bars at Costco. But Are They Worth It? attached). So, discuss the benefits and risks associated with purchasing gold. Would you consider including gold in your investment? Will you buy gold from Costco?

Reference no: EM133652292

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