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Dr. Larry Lockwood’s Investing Insight Featured in Forbes

Lockwood tells Forbes that gold is a good investment now for those who wish to diversify their portfolios with a small allocation in a long-term position.  

October 26,  2015

By Elaine Cole

Gold has rebounded from an August low of $1,086 an ounce to $1,164 an ounce as of Friday [October 23]. In a Forbes article, “Gold, Gold Miners Rally from Low: How To Tell If This Uptrend Is For Real,” writer Ky Trang Ho features advice from TCU Finance Professor Larry Lockwood on investing in gold in today’s economy. Lockwood is the Stan Block Endowed Chair in Finance and faculty advisor to the TCU Educational Investment Fund at the TCU Neeley School of Business.

Lockwood recommends that investors use gold as a diversifier in a long-term position, since gold often has a low correlation with traditional investments. In the Forbes article, he suggests small allocations of “2% to 5% of their portfolios to gold for diversification.”  

Read the full article in Forbes at http://www.forbes.com/sites/trangho/2015/10/25/gold-gold-miners-rally-from-low-how-to-tell-if-this-uptrend-is-for-real/3.