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Are Costco Gold Bars A Scam ?‍♂️?

Legacy Investing Show 51 views

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Gold bars from Costco might seem like a solid investment, but let's break down the numbersbrbr$10,000 in gold 10 years ago? You'd have $14,320 today Not bad, but not greatbrbrNow, imagine that same $10K invested in the Bridge Method We're talking potential $2,000 monthly cashflow That's $24,000 in just one year - a 240 return!brbrGold's 43 return over a decade suddenly looks pretty lackluster, doesn't it?brbrHere's the thing: Gold might be a decent hedge for the ultra-wealthy, but for most of us? It's leaving money on the tablebrbrThe real gold rush is in cash-flowing businesses like short-term rentals They offer higher returns, more control, and the potential for exponential growthbrbrWhat's your take on gold vs real estate investing?
Comment from : @LegacyInvestingShow

"investing in the thing that doesnt collapse and really hasnt for thousands of years is a scaminvest in the ever so reliable property market instead" you might need a brain scan
Comment from : @Shoofgamergaming

I love how everybody that deals in real Estate or works in real estate makes it sound like you buy a house and get printed out in that chip, buy a house, you rent it out People don't pay their bills after 2 or 3 months They destroy the inside of your house It's not as cute and dry
Comment from : @BryanBonaiuto

You need to put WAY more than 10k into a property This isn’t 1925 😂
Comment from : @johnbnyc64

Gold is not an investment but a preservation of wealth Nobody look at gold as investment Gold is a hedge against inflation
Comment from : @SupernovaStacking

This guy lets not buy a gold bar lets buy a house Yes we know a rental property is a better investment Man youre so smart 😂
Comment from : @dizzle1983

Ima trust gold more than a risky business desicion but to each their own After all it's your life But most of all, your capital
Comment from : @AdultToons

no
Comment from : @rogeliogonzales5894

It’s risk and reward Gold is low risk low reward while business is the opposite
Comment from : @masonorr6521

Most people aren’t holding gold to make profit, it’s to keep the value of your money
Comment from : @boxingworldtv7599

Gold actually more than doubled past ten years, almost doubled past three years, oz was 2100 CAD it’s 3700 now but you’ll be paying around 3850 for it today
Comment from : @BossPresident

Coins are better
Comment from : @appleztooranges

I cant take u seriously with the mic there
Comment from : @unune9069

You’re right but gold is held over cash So gold is a good investment IF you need or want to hold cash not in a bank
Comment from : @fragranceman3790

lmao citing the bridge method to make 24k a year is a joke and tells me this channel is worthless
Comment from : @jaywood9415

Gold is money and it’s a hedge against inflation Gold is a FU to the deep state 😂
Comment from : @ncabcabin

When the markets crash, which they do, precious metals go up
Comment from : @jrkustomz5538

You talk like a machine gun! What are you on?
Comment from : @adoremus4014

Lot harder to do with interest rates so high
Comment from : @ProfessorG993

What an idiot 24,000 in one year even if you did do that you're making 24,000 in a money that's not worth anything the value of the gold is never lost the value of the Fiat money is down to what 3 cents now
Comment from : @valeriab9735

You’re referencing gold performance the last decade We are currently facing the 1930s economic collapse I think gold will do well soon The stock market will collaspe
Comment from : @apb5866

Over the last 20 years since the Fed has artificially lowered interest rates, gold has outperformed the Dow and sp500 Gold is to preserve wealth not to gain wealthbrbrIt's an alternative to holding depreciating currency
Comment from : @etohi

Gold can be hedged for any large purchase Ask yourself why banks have a lot of them
Comment from : @cmj199318

It's doubled in the last year Real estate is about to crash
Comment from : @galvanizedgnome

Aggreed
Comment from : @mexicanmax227

Follow
Comment from : @MarioPereira-p6y

This guy is a jackass
Comment from : @Sanitysaint-r2g

Why is youtube not showing me these videos?… Been subscribed for a bit now and notifications were on because i’d love to learn more but months ago i remember seeing his face, now im just seeing him after lots of gaming videos? weird algorithm…
Comment from : @user-xt6iv5bw7t

Full of shit
Comment from : @mrbumchinz1991

Gold has done surprisingly well in the past decade Still lags the S&P 500 performance wise by a bit and I'm not sure what the catalyst is for gold continuing to go higher at this point If you think the dollar is going to decrease in value, I'd just buy bitcoin or real estate instead
Comment from : @22jayadams