On today’s show we’re talking about market psychology. There are two principal emotions that drive investment decisions, fear and greed. Fear and greed usually sit at opposite ends of the spectrum when it comes to decision making.
Greed propels people forward. Fear usually holds people back when making investment decisions.
If you’ve been listening to this show for a while, you’ll know that I’m a proponent of buying hard assets. Top of the list of hard assets is real estate. We’re talking income producing real estate.
But there are other hard assets that are also worth investing in. That can include commodity metals like copper, and precious metals like platinum, silver and gold. Gold has typically been considered a safe haven in times of uncertainty, and a hedge against inflation.
Examination of commodities as hard asset investments should not be limited to gold. If we look at other commodities that have industrial applications like copper, we see rising global demand for the product and finite supply.
Host: Victor Menasce