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Hi everyone, hoping to get some advice from those with more investing experience than myself. For some brief context, I'm 30 years old, and a few months ago I purchased a good chunk of gold which now makes up about 20% of my portfolio.
I am up a small amount on this investment. Nothing substantial, roughly 10k.
I am now thinking however, that at these levels gold is pretty speculative and risky considering the parabolic run, and that cutting down to around 5% of my port and dumping the rest in equities (ETF's) would be a wiser choice for me and a more productive use of the funds.
If anyone have suggestions I would really appreciate it.