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How do I invest in gold and silver? |
hi, i live in Va and would like information on investing in gold and silver. i am new so i need very beginning to end information. I am not sure how to find gold or silver traders so please let me know. thanks First, read the FAQ in the link below. talk to your banker I use Kitco's pool accounts. I've been extremely succesful with them. I made that mistake 25 years ago. Don't do it. You have to be very savvy and attentive to daily prices as well as trends that influence the price of precious metals. I just sold some gold coins that I was conned on years ago and lost about 2/3 of my investment. The only coins to buy are bullion-they are always worth the price of an ounce of gold-which goes up and down. You can also buy gold or silver in bars which are easily traded. No more than 5% of your investments should be in precious metals. If you insist on pursuing this Monex is a reliable company-go online and get the info at Monex.com. |
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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. ...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... |
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