A friend told me that he would like to purchase 2000 units of a particular share. I was not keen because of the direction it has trended over the past three months with very low volume but I didn't mention anything to him.
If I have his capital, I would invest in precious metal instead, especially gold. Actually, now is the right time to buy gold bullion, despite its already high price but even though it has fallen significantly over the past year, the price per ounce is still above $1000 currently.
This friend said that he is not familiar with investment in precious metals but will do a study of it to be more informed of market trends. However, like all investment opportunities, timing is a major deciding factor to determine if one makes a profit or loss. Well, at least that's what I think.
If I have his capital, I would invest in precious metal instead, especially gold. Actually, now is the right time to buy gold bullion, despite its already high price but even though it has fallen significantly over the past year, the price per ounce is still above $1000 currently.
This friend said that he is not familiar with investment in precious metals but will do a study of it to be more informed of market trends. However, like all investment opportunities, timing is a major deciding factor to determine if one makes a profit or loss. Well, at least that's what I think.
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