Do you take vitamins and/or supplements? Are you expecting them to make-up for a bad diet? Well, they can’t…that’s why they are called “supplements” and not “replacements.”
Can they help? Sure…some of them, but do the research and try them out for yourself.
Similarly adding supplements to your portfolio, like Gold, can not take the place of a well-balanced asset allocation. BUT, they can help.
For example, adding some gold as a supplement to your portfolio can reduce risk and volatility while improving your portfolio’s overall efficiency. However gold or any other supplement should not be the main part of your asset allocation — that’s just unhealthy in the long-run.
