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Forex vs Gold: which one is better?
Investing in conservative assets has always been considered a safe financial strategy. While traditional investments are often of lower risks, their profitability may not be as high as it is with more, so to say, risky assets.
Let’s consider the pros and cons of gold as a popular investment which is well-known among investors as a stable store of value for thousands of years. Also, we will compare it with Forex as another investment strategy.
🏆 Gold
Pros: protected from inflation and has high liquidity
Cons: the gold market is volatile; it may take years for it to go up in value
💱 Forex
Pros: gives higher income in a shorter time; it's affordable - you can start with a minimum budget
Cons: takes time and effort to master
What is your opinion on gold as an investment asset? Have you ever invested in gold?
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