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I want to invest in gold and possibly silver. I am as ignorant as they come. Just inherited some $.? |
Just simply would like to know a bit about buying gold. Such as, should I buy coins or bars? And where and how. Thanks. Better to put you money into gold EFTs or stocks. There is more leverage, the bid-ask difference is smaller and the transaction fees are smaller. Simply buy ETF's GLD and SLV, and for as ignorant as 'they' come, 'they' be pretty savvy in my book :o). Open a brokerage account at Zecco and buy the ETFs GLD and SLV. don't the ewealthy ones are going to pull the rug out again on gold,oil and goog stocks and the hell with small investors |
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Gold depends on U.S. economy...like stocks... we cant say gold is beneficial.... Nothing is safe in investment . ...Yes, there are several gold ETF's. IAU and GLD are two of them that can be traded as you trade equities. You can even use limit orders on them. Just watch the expense ratio. For more informati... Nobody buys Gold Bars anymore. If you want to invest in Gold then buy the actual metal safely stored in a Bank Vault. Open a brokerage account at TD Ameritrade and buy GLD. ...You would have to buy gold from registered dealers or directly import as per the customs regulatons. You could invest in Gold Bonds by depositing your Gold with any State Bank of India who would i... The better question is why would you do that. But...if you really want to, you could roll it into a rollover IRA and then invest it in GLD, the ETF that tracks gold prices. ...The easiest way to invest in Gold is to purchase shares in the streettrackers gold exchange traded fund (ticker symbol GLD). Essentially a bank has a large pile of gold somewhere and has sold stock... The equity Barrick Gold trades under the symbol ABX. If you think that Barrick gold is a good investment, you really want to invest in the stock rather than the bonds. The bonds offer very little... The people above provide good answers,but they didn't fully address one important point. The dollar is weak right now.NEVER EVER buy gold when the dollar is weak. That's just a fancy wa... |
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