Investment advisors sometimes recommend holding gold as part of an investors portfolio, because the value of gold
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Investment advisors sometimes recommend holding gold as part of an investor’s portfolio, because the value of gold appears to be negatively related to that of the stock market. Thus, when the stock market goes down in value, the value of gold goes up in value, and some of the investor’s losses in the market are offset by gains in the value of her or his gold. The accompanying table shows data on annual rates of return for a gold mutual fund and for the S&P 500.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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