Gold right now is risky.You can contact Monex
I would put my money in an Equity Income Mutual Fund .
T ROWE PRICE IS Good . Top Equity Income fund for 10 straight years.
The index gold funds of which one is GLD. One share is the equivelent of 1/10 oz. of gold. You buy it just like a stock. There is one disadvantage that you need to be aware of. There is an annual management fee on the fund.
The other avenue open to you that you may wish to consider is a gold mining stock. ABX is the most profitable. There are others. Buying shares in a less profitable company may prove a better investment if gold goes up another $100 an ounce because it will mean a more significan increase in earning for the less profitable company. Along those same lines there are mutual funds that invest in gold mining companies. You might wish to investigate those.
Those are the two investments that I believe other you the most potential.
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it is best not to buy gold…a good mutual fund will profit you more
common sense
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now is not a good time to buy gold, but if you want some just go to any coin shop
common sense
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Gold right now is risky.You can contact Monex
I would put my money in an Equity Income Mutual Fund .
T ROWE PRICE IS Good . Top Equity Income fund for 10 straight years.
common sense
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In my opinion there are two avenues open to you.
The index gold funds of which one is GLD. One share is the equivelent of 1/10 oz. of gold. You buy it just like a stock. There is one disadvantage that you need to be aware of. There is an annual management fee on the fund.
The other avenue open to you that you may wish to consider is a gold mining stock. ABX is the most profitable. There are others. Buying shares in a less profitable company may prove a better investment if gold goes up another $100 an ounce because it will mean a more significan increase in earning for the less profitable company. Along those same lines there are mutual funds that invest in gold mining companies. You might wish to investigate those.
Those are the two investments that I believe other you the most potential.
common sense
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