Gold Review - Why Gold Stocks or Trading?

Traditionally, investors hold gold as part of their investment portfolio for the following reasons:. * Gold is internationally recognized as cash. You can exchange it for cash in virtually any country around the planet. Currently gold is pretty much out of favor. It is trading at below $300 an oz., the lowest it's been for years. Part of the rationale is that securities and fixed income investments are doing very well. Yet it is often a good policy to have a tiny part of your portfolio in an out-of-favor investment such as gold. You can buy gold coins like Maple Leafs.

Maple Leafs can be had from major banks and dealers like the Thomas Cooke Group. You can buy gold bullion from the same sources. Or you can buy stocks in firms that own gold mines such as. Or you can invest in closed-end funds like. Both these funds trade on the Toronto Stock Exchange at a reduction from their net asset values. You can also invest in open-end gold funds like.

If you want to hold gold in your RRSP, you may either buy closed-end funds or an eligible dear metals fund.

You can buy gold coins such as Maple Leafs. Maple Leafs can be obtained from major banks and dealers such as the Thomas Cooke Group. You can buy gold bullion from the same sources. You can buy gold certificates (Minimum: 50 oz. silver; 5 oz. gold) through your broker.

Or you can buy stocks in companies that own gold mines such as

* Bema Gold Corp.

* Cambior

* Getchell Gold Corp.

(These mining stocks are not recommendations.)

Or you can invest in closed-end funds such as:

* BGR Precious Metals

* Central Fund

The most popular way now a days is Online Gold trading for instant profit , majority of people are doing it now instead of stocks to wait long.


Loean, 2015

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Tuesday, 26 November 2024

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