This week I sat down for a Morning Meeting with SDFD firefighter Hobie Porterfield. Hobie and I talk at length about his experience investing in precious metals like Gold, Silver and Palladium. He explains the difference between investing in physical gold vs investing in gold stocks and why it might be a good idea to consider having some precious metal as a portion of your overall portfolio. 💰💰💰 As always, consult a professional before making investment decisions.
Gold has historically been considered a good hedge against inflation, but there are some specific details that you need to consider if this is an option you want to pursue further. It also is a good way to diversify your portfolio because it traditionally moves opposite to the stock market and holds it's value well.
He mentions a site called JM Bullion as a place to purchase physical gold, but there are several others as well. If you're interested in checking it out, you can find them at jmbullion.com. If you're interested in finding more about Hobie, you can find him at hobieporterfield@gmail.com
I hope you guys enjoy it!
