How much gold should I own?

CBS News said:

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To start, it's important to distinguish between owning gold and investing in gold. For the former, there are generally no specific limitations to how much you should own and is largely dependent on your personal preferences. How much you should invest in gold, however, is a different story.

A gold investment can be beneficial for many reasons. It can help hedge against the negative effects of inflation, diversify your portfolio and provide you with liquidity that other asset classes simply cannot. That said, it's generally not an income-producing asset in the same way that more volatile stocks and bonds can be. So you'll need to invest in the precious metal differently than you would with those assets.

Most experts recommend limiting your gold investment to 10% or less of your overall portfolio. The range between 1% and 10%, however, will often vary based on your age and overall investor profile.

To help better determine which exact percentage is right for you, it can help to look to the advice that applies to other investments. When it comes to stocks, for example, the general rule of thumb is to be invested in 100% minus your age. So, if you're 30 years old, your portfolio should be made up of 70% in stocks.

If you're 40, it should be 60% in stocks, and so on. Overall, as you age, your investments should evolve with your needs. Accordingly, younger gold investors may want to be closer to that 10% range while senior gold investors may want to be lower and more reliant upon income-producing investments. But, again, the exact figure varies based on your circumstances.
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nickndfl said:

A good rule of thumb is to own your body weight in gold.

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How much gold should I own?​

nickndfl said:

A good rule of thumb is to own your body weight in gold.

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JayDubya said:

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ALL of it of course

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