Business
Forget gold! I’d buy dirt-cheap shares now and hold them forever – The Motley Fool Australia
Investing money in dirt-cheap shares today and holding them for the long run could produce higher returns than buying gold, in my view.
Buying gold today may seem to be a better idea than investing money in dirt-cheap shares. After all, the world economy faces an uncertain outlook in 2021. The coronavirus pandemic may cause further disruption, while political challenges may have a negative impact on GDP growth.
However, buying undervalued stocks and holding them for the long run could be a more profitable move versus holding the precious metal. Their recovery prospects, low prices and track record of performance suggests that they…
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