Throughout the 1980s and 1990s, gold was generally a poor investment.
If you talked to most investors, it was rare to find someone who had
any significant investments in gold.
While it is still not a common investment, a lot more people today
recognize the importance of owning gold as part of a balanced portfolio
and simply as a hedge against a declining currency.
It is also a lot easier today to hold gold and gold-related
investments than ever before. You can buy gold stocks, gold
exchange-traded funds (ETFs), mutual funds, and actual physical gold.
And you can buy many of these things in a matter of seconds through an
online brokerage account.
With that said, there are significant differences between investing
in physical gold and investing in mining stocks. The two are somewhat
correlated, but they serve very different purposes in an investment
portfolio. (more)
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