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This interview was filmed on August 19, 2021.
After 2020’s all-time high, the gold price hasn’t moved as much as some market watchers would like this year. But not all experts see its lack of momentum as a problem.
Paul de Sousa, senior vice president and investment advisor at Sightline Wealth Management, said he remains focused on the yellow metal’s further-out future.
“(Gold) is a generational asset, so I’m completely not even fussed whatsoever with what’s happening with the price,” he said. “Those who own it … understand that, and it’s just simply a minor nuisance in the grand scheme of things. This is a long-term hold.”
0:00 – Intro
0:21 – Gold’s weakness not a long-term concern
4:18 – Safer ways to get exposure to bitcoin
6:11 – Why some people are now retiring early
8:52 – How to maximize returns after retirement
12:26 – “Plan for the worst and hope for the best”
15:42 – Final advice — don’t wait too long to act
16:58 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.