Character: The Gold Bug
Thinking about investing in gold or precious metals
Actively learning about investing in precious metals
Bought first physical gold
Owns physical gold and silver and/or other precious metals
Owns 1oz of physical gold
Owns 2oz of physical gold
Owns 10oz of physical gold
Owns >$100,000 of precious metals in multiple locations
Owns enough precious metals to pay for all monthly expenses if needed
Gold / Precious Metals Educator - actively spreading knowledge to the community
The Gold Bug is a character that seeks to preserve wealth. Physical gold is an inflation hedge, meaning it will protect your wealth. Gold has established itself as a store of value for thousands of years. It retains its value as fiat currency (aka government issued currency, or cash) is printed into oblivion.
Physical gold is part of a well-diversified portfolio.