Chapter

The Case for Investing in Gold
listen on Spotify
1:53:36 - 2:02:02 (08:26)

The speaker believes having gold as part of a portfolio is a hedge against general equity collapse and a vaccine that does not work leading to prolonged economic challenges.

Clips
Investing in the market is unpredictable, so it's best to dollar-cost average by dividing your total amount into multiple investments over several months.
1:53:36 - 1:55:01 (01:24)
listen on Spotify
Investing
Summary

Investing in the market is unpredictable, so it's best to dollar-cost average by dividing your total amount into multiple investments over several months. It's important to be comfortable with the potential loss and only invest in something you're willing to hold for the long term.

Chapter
The Case for Investing in Gold
Episode
#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
Podcast
The Tim Ferriss Show
The speaker believes a portion of their portfolio should include gold as a hedge against general equity collapse, potential hyperinflation, or an extended pandemic impact.
1:55:01 - 2:00:38 (05:37)
listen on Spotify
Investing
Summary

The speaker believes a portion of their portfolio should include gold as a hedge against general equity collapse, potential hyperinflation, or an extended pandemic impact. They recommend purchasing the iShares Gold Trust (IAU) due to its lower expense ratios and gold storage location in Switzerland.

Chapter
The Case for Investing in Gold
Episode
#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
Podcast
The Tim Ferriss Show
Short-term trading is not advisable as it can be dangerous and difficult to succeed.
2:00:38 - 2:02:02 (01:24)
listen on Spotify
Trading
Summary

Short-term trading is not advisable as it can be dangerous and difficult to succeed. Even the top hedge fund investors are not engaging in it in the current market situation.

Chapter
The Case for Investing in Gold
Episode
#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
Podcast
The Tim Ferriss Show