"Property is an investment, you get to rent in it or live in it. Can you rent or live in a chunk of gold? Everyone needs a place to live, they don't need a useless metal."
I don't live in my BHP, CBA, or FMG shares just to name a few, they're still investments. I also have some growth stocks that don't pay dividends, and they're still called investments.
Do you live in your CBA Shares, that's pretty eccentric!
Investments can be both capital growth or income-producing investments or a bit of both.
Gold is not useless (I don't stack it) but it's used for jewelry, electronics, and in space and medical applications. It's far from useless! Thats just your false belief.
Gold's up 2% in the last year, where I live food's up 12%.
You could've 'stacked' some corn flakes and been better off.
Cornflakes, as in investment, LOL that is fairly eccentric.Whos going to pay me full price for a box that's past the useby date!
At the end of the day, to be frank, you are not qualified or licensed or have the authority to advise what constitutes an investment or not!
