Is It a Good Time to Buy Gold?

The Spotlight

5 minutes read

Jul 26, 2022

The DCA strategy will help you buy gold and precious metals at the right time as shown in the picture of a cartoon man carrying a gold coin.

If you are a beginner investor, choosing the right time to buy physical gold and silver may not look like an easy task. But in reality, it’s quite simple. Especially if you know the right investment strategy.

Famous investor Warren Buffet thinks that even an experienced investor finds it difficult to time the market let alone beginner investors, that’s what it might be wise to consider the DCA investment strategy.
The DCA investment strategy, which means putting a fixed amount of money into physical gold and precious metals on a set schedule, allows you to consistently build your gold savings over the long term.
The DCA strategy, which means investing a fixed amount on a set schedule, spares you of the need to “time the market.”
A graph showing how 3 investors, who have been investing $500 in gold monthly over the past 50 years, managed to increase the total value of their investment, building a solid precious metals portfolio and gold savings.
A graph showing how three investors - Harry, Abraham and Amanda - bought gold at different price spots between 1972 and 2022, with each investing $500 every month. The numbers show how many ounces of gold each of them purchased as well as a cumulative value of their investment over 50 years.
The DCA strategy spares you of the need to correctly “time the market” by giving you an average purchase price over the time, as shown in the picture of a small graph and floating gold bars and coins.
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