What are your thoughts on buying GOLD EtFs or physical GOLD as part of portfolio?

I understand you are bullish this year, for example like me, I'm trying to save money to get to a point to do MPI longterm. I find being an option buyer is too much chart monitoring for a full time employee and mom. I aslo choose to do long term investing. I often look at the charts to time when to do invest. like buy at red days. but im also scared as well of the "rumors" of "recession" or any potential turnaround. or if I really wish to do this long term. it wouldnt really matter I guess? I wish to look at bluechip stocks to or atleast do etf or mutual funds that have good long term trend.

Congrats to the following 10 people on being the most contributing members in the community: 1. @Rong Zhou 2. @Lindsay Talbot 3. @Sandra Van Den Ham 4. @Ray U 5. @Kim Huynh 6. @Eric Turner 7. @Eugene Voutchkov 8. @Rosebelle Ibiaz 9. @Sukhwinder Dhanoa 10. @Marina Wong I (Michael) will contact you in the chat to provide you with the gifts You will get: 1. $25 Amazon gift card AND 2. 1 share of (SHOP) Shopify (A great blue chip stock in @Eric Seto’s opinion) To show proof of purchase, you must post in the community that you got the share For next month for April, the prizes are: 1 share of AMD If you didn’t get the prize this month, don’t worry. Points are earned/given by liking posts or comments. 1 like = 1 point for the author. You can be the next top contributor for the 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) Additional Referral prize. For every friend you refer that joins this free investing community in April 2023, you can also get a $5 gift card with your friend. Share your referral link in settings and TAG them here after they join. Leave a comment below @YOUR FRIEND NAME and you PLUS your friend will each get a $5 Aamzon gift card. Cheers, Michael Team @Eric Seto

As Fed stepped in to save the market (people deposits in Silicon Valley Bank - see my previous post), the inflation year over year for the month of Feb is 6%, which the forecast was 6% as well. This leads to a market rally. While we were discussing potentially how to short the market in Investing Accelerator, the market quickly turnaround and limited any shorting / hedging opportunities. This is good as I am overall bullish for the market. Fed bails out will help most of the long term portfolio to grow in the coming months. Next week will be a week of interest rate increase announcement. Previously Goldman Sachs forecast Fed to increase rate by 0.25% Given that Fed is bailing these banks, now the traders are expecting an overall 0.5% to 0.75% interest rate CUT for this year. For the March interest rate meeting, my forecast would be no interest rate increase which will lead to a further market rally. What do you think? Cheers, Eric Seto, CPA CIM

Interesting visualization of bank failures for the last 20 years. Notice how there aren’t that many failures after 2008 1) will this be a new wave of bank failure? 2) what do you think will happen to smaller banks who can’t handle the withdrawal rate? Cheers Eric Seto, CPA CIM