However, think twice
about investing in a gold ETF that represents and tracks the price of gold, and instead consider buying shares in gold mining companies.
Brokers sell various structured products
for investing in gold and other commodities, while supposedly limiting risk.
One of the benefits of
investing in gold through an ETF or mutual fund is that you don't have to worry about the storage and maintenance of the physical supply of gold yourself.
If you doubt this, consider what would happen if no ETFs
invested in gold stocks, but actively - managed mutual funds did.
Do
n't invest in gold or other commodity funds, and don't put more than 10 % of your portfolio into any single fund.
It seems like there are quite a few people that
invest in gold as part of their investment portfolio.
Don't look too short term
when investing in gold... prepare to hold on to your investment for at least a decade.
For our recent report
on investing in gold and silver through ETFs, read Top ETFs for precious metal exposure.
If you do decide to
invest in gold coins, please «do your homework» beforehand and find yourself a reputable gold dealer.
On the other hand, if precious metals remain volatile then those who would otherwise
invest in gold at such times may look to currencies instead.
Almost every country has lots of debt outstanding so if you just look at that you'll
only invest in gold and tuna cans.
This way you are protecting your daughter future and also
making investing in gold which can protect from price increase in future.
Gold ETFs are funds that invest solely in gold and offer you an easier option to
invest in the gold market at reasonable charges.
However, I advise
against investing in gold for many reasons, but more so today because people treat it as more of a gamble of inflation, rather than a hedge against.
While investing in gold through ETFs sounds appealing due to its convenience, there are several key issues that investors need to be aware of in relation to this method of investment.
Gold mining stocks are a way to
invest in gold based on one's opinion of the prospects of individual mining companies, their management and their mine holdings.
Keep in mind that most
people invest in gold because they see precious metals as insurance against financial or political turmoil, which is a long - term investment.
We encourage you to also read this frequently asked questions article about
investing in gold in your RRSP too.
Still, a better outlook in the global economy may cause the prices to fall, making it a proper time
for investing in gold.
If you doubt this, consider what would happen if no ETFs
invested in gold stocks, but actively - managed mutual funds did.