{"id":2339,"date":"2020-08-03T13:10:05","date_gmt":"2020-08-03T13:10:05","guid":{"rendered":"http:\/\/1db-blog.1db.com\/?p=1858"},"modified":"2020-09-11T14:53:41","modified_gmt":"2020-09-11T14:53:41","slug":"gold-or-fools-gold","status":"publish","type":"post","link":"https:\/\/beta.1db.com\/?p=2339","title":{"rendered":"Gold or Fools Gold?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png\" alt=\"\" class=\"wp-image-1861 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure>\n\n\n\n<p>When it comes right down to it, successful investing over the long-term is firstly about being true to oneself, and secondly, grasping the facts and figures. Sam Stovall, CFRA Chief Investment Strategist, informed market participants this morning in his weekly report that &#8220;gold&#8221; has returned an average of 2.7% in the month of August the past 25 years. Of course, history is simply a guide and just that. No one knows for certain how any risk asset will perform from one moment to the next.<\/p>\n\n\n\n<p>My job as a money manager is to allocate assets across the spectrum of choices according to clients&#8217; timeline and objectives. Covid-2020 has been a year of despair and hope, more the former. Federal governments and global central banks have spent and pledged trillions more, to support society. The U.S. has authorized $10 trillion in relief money with more to come. The flood of easy money has been a tailwind for gold of late. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Ray Dalio, founder of the world&#8217;s largest hedge fund said, &#8220;Gold, I believe can be both risk-reducing and return-enhancing.&#8221;<\/p><\/blockquote>\n\n\n\n<p>Prudent investors who are not speculators and risk-averse should have their money spread across assets that can grow, as well as assets that are safe. To achieve this objective it is wise to own various investments that are less correlated. Gold&#8217;s correlation to stocks over the past decade has been about 20%.<\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-1st-discount-brokerage\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/beta.1db.com\/disclosures\/\n<\/div><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When it comes right down to it, successful investing over the long-term is firstly about being true to oneself, and secondly, grasping the facts and figures. Sam Stovall, CFRA Chief Investment Strategist, informed market participants this morning in his weekly report that &#8220;gold&#8221; has returned an average of 2.7% in the month of August the&#8230;<br \/><a class=\"button read-more\" href=\"https:\/\/beta.1db.com\/?p=2339\">Continue<span class=\"hide\"> Gold or Fools Gold?<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2339","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gold or Fools Gold? - Financial Advisors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/beta.1db.com\/?p=2339\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold or Fools Gold? - Financial Advisors\" \/>\n<meta property=\"og:description\" content=\"When it comes right down to it, successful investing over the long-term is firstly about being true to oneself, and secondly, grasping the facts and figures. Sam Stovall, CFRA Chief Investment Strategist, informed market participants this morning in his weekly report that &#8220;gold&#8221; has returned an average of 2.7% in the month of August the...Continue Gold or Fools Gold?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/beta.1db.com\/?p=2339\" \/>\n<meta property=\"og:site_name\" content=\"Financial Advisors\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-03T13:10:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-11T14:53:41+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png\" \/>\n<meta name=\"author\" content=\"chip\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"chip\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/beta.1db.com\/?p=2339#article\",\"isPartOf\":{\"@id\":\"https:\/\/beta.1db.com\/?p=2339\"},\"author\":{\"name\":\"chip\",\"@id\":\"https:\/\/beta.1db.com\/#\/schema\/person\/dc3029c7b01df457c040e4fceac14b5c\"},\"headline\":\"Gold or Fools Gold?\",\"datePublished\":\"2020-08-03T13:10:05+00:00\",\"dateModified\":\"2020-09-11T14:53:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/beta.1db.com\/?p=2339\"},\"wordCount\":238,\"image\":{\"@id\":\"https:\/\/beta.1db.com\/?p=2339#primaryimage\"},\"thumbnailUrl\":\"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/beta.1db.com\/?p=2339\",\"url\":\"https:\/\/beta.1db.com\/?p=2339\",\"name\":\"Gold or Fools Gold? 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Sam Stovall, CFRA Chief Investment Strategist, informed market participants this morning in his weekly report that &#8220;gold&#8221; has returned an average of 2.7% in the month of August the...Continue Gold or Fools Gold?","og_url":"https:\/\/beta.1db.com\/?p=2339","og_site_name":"Financial Advisors","article_published_time":"2020-08-03T13:10:05+00:00","article_modified_time":"2020-09-11T14:53:41+00:00","og_image":[{"url":"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png","type":"","width":"","height":""}],"author":"chip","twitter_card":"summary_large_image","twitter_misc":{"Written by":"chip","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/beta.1db.com\/?p=2339#article","isPartOf":{"@id":"https:\/\/beta.1db.com\/?p=2339"},"author":{"name":"chip","@id":"https:\/\/beta.1db.com\/#\/schema\/person\/dc3029c7b01df457c040e4fceac14b5c"},"headline":"Gold or Fools Gold?","datePublished":"2020-08-03T13:10:05+00:00","dateModified":"2020-09-11T14:53:41+00:00","mainEntityOfPage":{"@id":"https:\/\/beta.1db.com\/?p=2339"},"wordCount":238,"image":{"@id":"https:\/\/beta.1db.com\/?p=2339#primaryimage"},"thumbnailUrl":"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png","articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/beta.1db.com\/?p=2339","url":"https:\/\/beta.1db.com\/?p=2339","name":"Gold or Fools Gold? - Financial Advisors","isPartOf":{"@id":"https:\/\/beta.1db.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/beta.1db.com\/?p=2339#primaryimage"},"image":{"@id":"https:\/\/beta.1db.com\/?p=2339#primaryimage"},"thumbnailUrl":"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png","datePublished":"2020-08-03T13:10:05+00:00","dateModified":"2020-09-11T14:53:41+00:00","author":{"@id":"https:\/\/beta.1db.com\/#\/schema\/person\/dc3029c7b01df457c040e4fceac14b5c"},"breadcrumb":{"@id":"https:\/\/beta.1db.com\/?p=2339#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/beta.1db.com\/?p=2339"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/beta.1db.com\/?p=2339#primaryimage","url":"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png","contentUrl":"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/08\/Asset-Correlation-080320.png"},{"@type":"BreadcrumbList","@id":"https:\/\/beta.1db.com\/?p=2339#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/beta.1db.com\/"},{"@type":"ListItem","position":2,"name":"Gold or Fools Gold?"}]},{"@type":"WebSite","@id":"https:\/\/beta.1db.com\/#website","url":"https:\/\/beta.1db.com\/","name":"Financial Advisors","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/beta.1db.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/beta.1db.com\/#\/schema\/person\/dc3029c7b01df457c040e4fceac14b5c","name":"chip","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/85a131a6d44701b22caf713c3e8421d2905b429f04224c738ab5e95de3d81845?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/85a131a6d44701b22caf713c3e8421d2905b429f04224c738ab5e95de3d81845?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/85a131a6d44701b22caf713c3e8421d2905b429f04224c738ab5e95de3d81845?s=96&d=mm&r=g","caption":"chip"},"url":"https:\/\/beta.1db.com\/?author=3"}]}},"_links":{"self":[{"href":"https:\/\/beta.1db.com\/index.php?rest_route=\/wp\/v2\/posts\/2339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beta.1db.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beta.1db.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beta.1db.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/beta.1db.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2339"}],"version-history":[{"count":1,"href":"https:\/\/beta.1db.com\/index.php?rest_route=\/wp\/v2\/posts\/2339\/revisions"}],"predecessor-version":[{"id":2351,"href":"https:\/\/beta.1db.com\/index.php?rest_route=\/wp\/v2\/posts\/2339\/revisions\/2351"}],"wp:attachment":[{"href":"https:\/\/beta.1db.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beta.1db.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beta.1db.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}