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Money Tree Investing

Investing in Gold with Rich Checkan

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 19 January 2018

⏱️ 32 minutes

🧾️ Download transcript

Summary

“Securities do not always prove good. Money is gold, and nothing else”.

This quote is attributed to J.P. Morgan in 1912. Does it still hold some truth today?

Rich Checkan is the president of Asset Strategies International. Doug asks him about the benefits of owning gold and does gold truly keep its value?

Then our panelists - who are worth more than their weight in gold - discuss the history of gold’s value in economies and where gold fits into an investment portfolio.

For more, visit the show notes at http://moneytreepodcast.com/174

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.0

Stock market, wealth, personal finance, value stocks, invest in your life.

0:10.0

Hey, and welcome back, everybody.

0:12.0

Glad that you're here with us for another exciting episode.

0:14.0

We're going to get right into it with my partner, Doug Goldstein, here in a second.

0:18.0

But have you ever wondered first if there were a way to capitalize on all that online chatter that millions of investors have on social media?

0:24.9

Well, your way is over because the same artificial intelligence techniques that some of the

0:28.9

world's most sophisticated hedge funds use. That's now at your fingertips and you can make

0:33.0

their edge your edge. It's called the Buzz Index. It's licensed to an exchange trade fund,

0:37.1

trading under

0:37.6

ticker symbol BUZ, and provides investors with the portfolio of securities that show the highest

0:42.1

degree of investor sentiment online. Head to MoneyTreepodcast.com forward slash BUZ for a link to the

0:49.1

buzz index and more information. We'll have more on the buzz index later, but right now, let's head to my

0:54.7

partner here at the Money Tree podcast, Doug Goldstein.

0:58.8

Okay, I'm very excited to be talking with Rich Checkin, who is the president of Asset Strategies

1:05.4

International. Today we're going to be talking about something that Rich is a real expert in,

1:08.6

which is of course my namesake, the commodity of gold. Now, Rich, you know, people talk about it all the time. There are a million

1:15.1

different ways of owning it, but the bottom line is, why should someone invest in gold? That's a

1:20.2

great question. It's often misunderstood. The main reason that we sell gold, the main reason we feel

1:26.0

people that own gold, is as wealth insurance.

1:29.2

You know, you have insurance on your home, your car, your health. What do you have for your

1:33.0

portfolio to protect it in bad times? And, you know, for us, gold is a store of purchasing

...

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