The Clark Howard Podcast 04.21.25 GOLD As An Asset / The Best Cell Phone Plan For You
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Apr 21, 2025 Dive into the investment potential of gold as a reliable asset amidst market uncertainties. Learn strategies for purchasing gold and why it can be a smart move. On the tech front, uncover the latest deals from cell phone carriers and find out how to choose the best plan for your needs. Additionally, explore the shift to ACH payments for bills and the advantages of Health Savings Accounts for managing medical expenses. Tune in for actionable tips on both money and tech!
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Costco Gold Purchase Queries
- Clark Howard was stopped by two people in Costco asking about buying gold and the portion of portfolio to allocate.
- This showed the heightened interest and buzz in gold investments currently.
Limit Gold to Small Hedge
- Keep gold or precious metals as a small hedge, ideally 3-5% of your portfolio.
- Avoid over-investing due to buying difficulties, sale spread costs, and lack of income generation.
Choose Gold ETFs Over Physical
- Prefer buying gold ETFs instead of physical gold to avoid high purchase/sale costs and storage hassles.
- ETFs provide an easier, cost-effective way to hedge with gold.