epperson

Epperson: Diversify your portfolio!

Oct. 19, 2011 at 12:56 PM ET

TODAY Money financial expert Sharon Epperson joined us for a live Web chat Wednesday to answer your questions.

Here’s one of her answers to questions from the live chat. (See below for the full Q&A and video of Sharon’s TV appearance this morning.)

Shawn asked:

"Hi Sharon. What do you think of gold as an investment for the common person. I've watched you for years reporting on CNBC report on the commodities market and I was curious if you thought the average person should invest in precious metals. Thanks!"

Sharon replied:

“I enjoy reporting about gold and commodities every day for CNBC and I do believe it is important to have a diverse mix of stocks, bonds and alternative assets in one's portfolio. Gold can be a part of that alternative mix -- say 5-10-% of your portfolio. A great way to get into gold, as you've heard me mention on the air, is an exchange-traded fund like the GLD or IAU. I also think you can get exposure to gold in some large cap mutual funds that invest in gold mining stocks. See more ways to invest in gold here.”

Here’s the full chat archive and Sharon’s TV appearance:

 

 

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