Topic: Why do older people like investing in Gold/Silver? (Read 5285 times)
I think it's because metals the most stable stuff to investing. It was expensive all time and rise all time.
I think they see these as the real asset that do not depreciate with time, so they feel more secure about it. And their generation is use to the gold and silver as been the real valuable asset of security.
This is true. This is really the generation gap. Their generation preferred this kind of investment. They uses it since then, that is why probably they trust it more than the cryptocurrency or the bitcoin. It is the psychology itself not the market's problem. But then time will come, started to this generation, people will love to invest in cryptocurrency.
Furthermore, it is all about knowledge as we know that modernism has its own way of preparing and dealing with different things in different conditions but this is besides basic knowledge and a person with only basic knowledge will find it difficult to deal with modernism because it needs extra knowledge.
Gold and silver have a long history as a means of maintaining value and increasing value!
Older people can't afford high-risk investments, and gold and silver are low-risk for older people to invest!
Older people can't afford high-risk investments, and gold and silver are low-risk for older people to invest!
I think so it is. Maybe also it is in their generation that they tend to trust more on gold amd silver. They also are not fond of using internet today because it is not their generation who loves to surf. They are into physical investment or something such as gold and silver.
It seems to me that even if you invest in cryptocurrencies, it is not bad to have investments in gold and real estate. Reasonable diversification has never hurt anyone
Gold and silver have a long history as a means of maintaining value and increasing value!
Older people can't afford high-risk investments, and gold and silver are low-risk for older people to invest!
Older people can't afford high-risk investments, and gold and silver are low-risk for older people to invest!
I think so it is. Maybe also it is in their generation that they tend to trust more on gold amd silver. They also are not fond of using internet today because it is not their generation who loves to surf. They are into physical investment or something such as gold and silver.
Gold and silver are easy to carry and at the same time sell and they have real value that is difficult to be played by anyone and this is what makes some people still think gold is the best investment. Crypto comes with a very good potential for investment products but some laymen will find it difficult to invest in Crypto without special learning, especially those who do not understand information technology.
Because gold shows growth not one decade. Older people lived at a time when, apart from gold, there was no alternative. Everything else was risky and did not give high profits.
Silver and Gold have established themselves as a safe investment havens. Not just the older people invest in them, younger persons also do invest in gold and silver. The blockchain is an evolving investment ecosystem that is yet to find its feet at present. The volatility is so high and older people don't like such investments. So stability is the major reason why the older people invest in gold and silver.
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
some people like precious metals because in terms of safe security, in terms of price which also does not contain a lot of losses, high public interest in the metal is due to the precious metal being considered a safe investment instrumentI personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
some people like precious metals because in terms of safe security, in terms of price which also does not contain a lot of losses, high public interest in the metal is due to the precious metal being considered a safe investment instrument I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
Easier for us (younger generation) to recuperate from a loss. The gold/silver market isn't as volatile as say crypto. I can understand why older people would rather not invest in a risky business. If they are retired then they don't have a stable income which is why gold/silver is a more desireable market to invest on. Also, there is the fact of knowledge. You gotta spend a lot of time learning about crypto before you can just indulge in it
If you are looking on gold or silver chart, you will see its volatile too. But most old people investing on gold and silver because its thousand years trust. Old people only investing in real thing that they can trust and they can touch
Most older people are stuck to gold investment because it has been in existence since the civilization on man. Most people are adamant to change. Bitcoin or crypto investment is just some few years old. A lot of people especially the old ones who are not technologically inclined are still not aware of crypto.
Easier for us (younger generation) to recuperate from a loss. The gold/silver market isn't as volatile as say crypto. I can understand why older people would rather not invest in a risky business. If they are retired then they don't have a stable income which is why gold/silver is a more desireable market to invest on. Also, there is the fact of knowledge. You gotta spend a lot of time learning about crypto before you can just indulge in it
If you are looking on gold or silver chart, you will see its volatile too. But most old people investing on gold and silver because its thousand years trust. Old people only investing in real thing that they can trust and they can touch
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
there are various reasons why aged people invests in gold. Gold Investors has low risk and high probability of earning huge money in time. The price of it over the past 10-years have popped 336% from $282 to around $1,230 an ounce. You can clearly see that it is a good long term investment. I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
because all they know is investment in gold and silver, they don't know how to invest in other commodities such as stocks, properties or even crypto currencies, so they choose what they already know how and opportunities to get profit without any desire to invest in other commodities
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
Gold and silver is an old fashioned way in investing. These are both very valuable and less risk because the actual items is in your position. That is why older one's like to invest in it.
Maybe it's because gold and silver are easier to find in traditional markets that are close to their seats and also maybe because older people don't know and how to invest in bitcoin, and Alfi older people don't understand digital currency
From the ancient time gold and silvers are already known as precious metals for assets and long term investments, so older people pattern to buy and invest gold and silver for this investment is for long term ,as the time goes by the price of this precious metals goes high as years goes by so this older people would love to buy this gold and silver.
Easier for us (younger generation) to recuperate from a loss. The gold/silver market isn't as volatile as say crypto. I can understand why older people would rather not invest in a risky business. If they are retired then they don't have a stable income which is why gold/silver is a more desireable market to invest on. Also, there is the fact of knowledge. You gotta spend a lot of time learning about crypto before you can just indulge in it
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
the reason why older people prefer to invest in precious metals may occur because because of many things, their knowledge of other investments, investing in precious metals may think they can feel safer, visible and tangible forms and maybe many others.
Seniors will invest in some self-approved investment projects, so gold and silver is a good choice for them, as few seniors will be interested in cryptocurrencies and don't even know what bitcoin is. I know young people are more open to something new, like cryptocurrencies.
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