Buying Gold – Without Worrying about Storage
Buying Gold Without Worrying about StorageThe price of gold has skyrocketed in recent years. If you are considering purchasing gold as an investment, you don’t have to buy gold coins or gold bullion. You can also buy shares in an Exchange Traded Fund (ETF) that purchases gold. An ETF trades like a stock, is very liquid, and typically has low commission rates. Also, unlike many mutual funds, some gold ETFs have expense ratios as low as .25%, which means a higher percentage of any gains stay in your pocket. If you enjoy owning gold, you can buy coins or you can let someone else take care of storing your gold.