Back at the end of March I considered investing in gold, but said to myself (and anyone else who read the blog) that I had probably missed the boat. You can still see the original item - published on 26th March and called "How Can I Get More Interest?"
At the time, gold was trading at $1,104.30. Right now it's about $1,231.79, down from a high above $1,248. If I sold now (and to be honest if I had invested in gold I would now be selling) I would have made something over a 10% return in less than 3 months. That's not too sniffy is it? But then you see, hindsight is a wonderfull thing, and I wish I had a pound for every trader who said: "If only.......".
The Retirement Revenue website has just published an article about Setting Investment Objectives, you can get to it from here, and it makes sensible reading. It might be fun for us retired folk to take a bit of a punt every now and then, but in my case I see it as just that, a bit of a punt. It's a gamble at the end of the day and I don't have enough in my pension pot to risk it on gambling. I don't want to look back with the benefit of hindsight and think: "If only.....".
Be well.
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