Wholesale digital goods

Reddit Summary

• Gold is considered a place to park money, not an investment.
• Gold is meant to preserve wealth and serve as a hedge against inflation.
• Costco offers Gold at a good value, especially for members.
• Buying physical Gold has tax implications and may be less liquid compared to ETFs.
• Some users prefer coins over bars for their physical Gold investments.
• Gold's value is tied to market prices and the ability to afford and hold it.

Pros and Cons of Gold as discussed on Reddit:

Pros

• Preserves wealth and acts as a hedge against inflation
• Liquidity and value preservation
• Good value at Costco, especially for members

Cons

• Storage and safety concerns
• Higher taxes for physical Gold holdings
• Less liquidity compared to ETFs
• Limited options for selling physical Gold

Overall, Reddit users agree that Gold serves as a valuable asset for wealth preservation and protection against inflation but may come with challenges in terms of storage, taxes, and liquidity. Costco is highlighted as a favorable option for purchasing Gold at a good value.