Hello and welcome back to Investing After Hours — our Wealth Daily podcast dedicated to helping everyday investors navigate major investing trends. Our team of experts has specialized knowledge in a variety of investing methods.
And we broadcast this knowledge from our office above the Baltimore harbor.
I am your host Alexandra Perry, the research director at Wealth Daily.
For the second week in a row, we have decided to talk about investing in gold on the podcast.
Last week, gold expert Luke Burgess shed light on gold’s turbulent, emotion-fueled market — and he gave the novice investor tips on how to survive it.
Today he is back to help investors get started buying.
Many investors don’t know how to buy gold. First-time gold investors tend to navigate the market alone, which can lead to costly mistakes. No one likes buying something for $125 and finding it is worth less than a carnival toy.
Luke discloses his favorite online sites for purchasing gold and educates investors on scams and red flags. We talk about the importance of getting to know your local bullion dealer, as well as what you can expect to find in your run-of-the-mill bullion shop.
For your convenience, we have compiled a list of the gold websites mentioned in the podcast. We encourage new investors to look at each of these sites before buying.
And as always, feel free to email me at email@example.com with any questions.
Baltimore native Luke Burgess sums up his investment success in six words: rational thinking in an emotional market. Luke is a gold bug, but he is unlike most others. In fact, he outwardly objects to even being labeled as such.
Luke first became bullish on gold and other natural resource back in 2002, following a sharp decline in the value of the U.S. dollar and taking notice of extraordinary monetary policies in Asian countries at the time. Shortly after, Luke began writing for the legendary financial newsletter Secret Stock Files, where he showed subscribers rapid, life-changing gains from a number of junior exploration and development natural resource plays.
Alexandra Perry is Wealth Daily’s research director and a contributing analyst for Energy and Capital. She has multiple years of experience working with startup companies, primarily focusing on artificial intelligence, cybersecurity, alternative energy, and biotech.
Her take on investing is simple: A new age of investors can make monumental returns by investing in emerging industries and foundational startup ventures.