Localfund.com - All about Fund and Investment
*Home>>>Invest in Gold

I'd like to invest some money in gold,?


or do you think silver is better? And where to keep it afterwards?

my bank sells gold bricks

Here are my reasons why silver is better.

1. It's both more rare and cheaper than 20 years ago (considering inflation, supply, demand, and comparative to the fact gold is made to jewelry while silver is industrially consumed)

2. It's cheaper than gold, thus easier to buy, and easy to manipulate in trading, more people buy it because more people can afford it.

3. You can get them in much higher diversity and several available options : silver old US coins (dollars, dimes, half dollars), silver bullion (cheapest), silver bars, ...etc.

I have personal experience with silver and all these are good factors of my success , I own no gold and to this day to not regret one bit.

You sell it where you bought it. eBay, craigslist.

Coinshops are last resort to buy and sell, because they sell for profit, charge taxes, and when they buy back they know you probably dont know better so give you a bad deal. Report It

yeah dud go for it!!
Gold is what most currencies are bonded to.
Just try to buy it as plain as possible...so yo will pay for an actual weight of gold...stay away from "pretty" jewelry...design will loose value, plain gold never will!

Neither, try oil !

#1;
You don't have to "buy" the commodity & pay storage fees. You can buy the ETF's;
GLD
SLV

#2;
My allocation is 60% GLD and 40% SLV. My total exposure is around 2% of my gross investable assets. It's part of my "Asset Allocation".

Gold is NOT an investment, it is a hedge (or a hobby).

Here's what gold prices have done in the US since 1998:

http://goldmoney.com/en/charts/0usd120.p...

"SPY", or the S&P 500 stocks have achieved the same %gain in 5 years:

http://finance.yahoo.com/q/bc?s=SPY&t=5y

So if you had your money in gold instead of stocks for that period you would have LOST money...

If you look at far longer periods of time, the market outperforms gold by even more staggering margins.

An ounce of gold purchased in 1900 is worth 30 times as much today....Had you invested that $21 in stocks instead, today it would be worth over 8,000% more!

i was thinking about investing in Gold myself.. any tips or help on the best places to find actual gold bars n not any of that gold jewelery crap?

actually, no currency is "tied" to gold; it's just that gold is bought and sold just like anything else at a price that the world right now agrees to be expressed in united states dollars.

oil's probably not a bad thing to buy, either. other commodities may also be good bets. Jim Rogers, for one, likes agricultural commodities, some which he says are still way undervalued.

while stocks may have beaten gold since 1900, the question is, who's around for that long? and which stocks are the right stocks? those gains came about cyclically at best, and for several periods in the past gold was king. you might want to analyze this by tracking the dow/gold ratio. by that measure gold should now be going higher relative to stocks. the idea is that when the dow/gold ratio is back down to or close to 1:1, switch from gold into stocks.

an alternative to etfs you might want to consider is the Perth Mint Certificate. aside from a small setup/admin fee there are no unallocated storage fees. you own actual gold, and for eventual production costs you can arrange for delivery anywhere in the world. i try to convert regularly 5% into gold and 5% into silver of my income/net worth. i consider it "wealth insurance", and don't even think about it...

Tags
  Investment Bank   Investment Advice   Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP
Related information
  • Tell me on about investing in golds?how it is done?if so how i have to invest?

    Buy GLD, Gold ETF, safest, easiest, lowwest risk, most experts recommend.....you can use an online broker like Tradeking $4.95 commission(ranked #1 2006 & 2007), or if you have >$2500 Zecco ...

  • Where should i invest my money in prosper.com or gold or silver?

    I find gold to be less affected by fluctuations in the market. (They don't call it "The Gold Standard" for nothing.)

    ...
  • Where does one buy gold coins in the USA to invest? banks or specific mints ?

    There is a mint in Colorado, I think they have a web site just google it and it will show up. The mint is in Denver, Colorado!

    ...
  • What is gold quest? Is it good to invest in it?

    this is a registerd company. Having business in about 200 countries & registerd in 20 country,helping to those people who wants to help mankind . ...

  • I think gold is going back to the 700 range........should I invest in the metal or in the miners?

    I like trading the gold ETFs. ...

  • What is the best way to invest $5000.00-10,000 in gold?

    I would buy gold bar's or GLD stock the web sight is: ...

  • I want to invest short term, some one recomend me BHP, hig gold miner in popua, NG?

    That is not what BHP is. It is the largest resources conglomerate in Australia. Its gold mining in Papau New Guinea not a main focus. China after Australian coal and other resources which helps BHP...

  • Gold investing?

    LOL. The dollar value is dropping and you want to invest in gold now? BAAAAD Idea.

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster