Cheap jerseys Invest in Gold

Gold’s meteoric rise over wholesale jerseys the past decade (up about 650 percent) might make you wish that you’d liquidated your stock portfolio and used the proceeds to fill a safe in your basement with gold coins. Whether the bull market in gold will continue as economic uncertainty drives more people towards its safe haven is unknown. But if still you’re looking to get into gold, you’ll need to decide whether to buy physical gold, mining stocks, or funds that buy and hold gold bullion for you – and avoid scams and negotiate a host of complex tax rules. Here’s four things to consider so you don’t get burned.

Which funds to wholesale nfl jerseys pick: miners or bullion?

Buying mutual funds or exchange-traded funds (ETFs) that invest in gold miners or bullion is the simplest way to get gold exposure. The two biggest gold ETFs, SPDR Gold Trust (GLD) and iShares Gold Trust (IAU), buy gold bullion and store it in bank vaults. These ETFs trade throughout the day like stocks on an exchange and sport low annual expenses of 0.25 percent to 0.4 percent.

Mining companies are another way to play gold’s ascendancy, but have their own host of issues – worker strikes, environmental and energy issues, political instability, etc. – so wholesale nba jerseys it may make sense to buy a basket of miners in an ETF or fund. For cheap exposure to miners, there’s Market Vectors Gold Miners ETF (GDX), a collection of large-cap mining stocks. Fidelity and Vanguard both offer cheap mutual funds investing in miners, though their annual fees won’t be as cheap as ETFs.

One positive about owning mining stocks is that they often pay a dividend, which other types of gold investing don’t offer. However, mining stocks can get taken down with all other equities when the stock market tumbles. That’s wholesale mlb jerseys why financial advisers often recommend buying the ETFs that own gold, to get true diversity in your portfolio.

Collectible coins vs. bullion

Some people prefer to own the real thing. Bullion, in the form of gold bars or coins such as the American Eagle, is the easiest form of physical gold for which to compare cost, buy, and resell. You can check the price of gold at Kitco or the World Gold Council, and easily compare prices of gold sellers, the premiums they charge, and any shipping costs. (When you buy physical gold, you’ll pay a cheap nhl jerseys premium that could be a few percent beyond spot price, and you’ll also pay this spread when you sell it). Blanchard, American Precious Metals Exchange and Kitco are some gold dealers that allow for easy cost comparison. You can find basic info on gold and a list of dealers at the U.S. Mint.

Investing in collectible coins should only be done if you are prepared to learn the market. Collectible coins are harder to evaluate and resell than bullion, and often come with higher margins and markups. And dealers may entice you into buying rare coins by playing into your fears with pitches that collectibles are safe from confiscation by the federal government and that you can sell them anonymously, without having to report your cheap authentic jerseys Social Security number to the government.

Storage

If you’re leaning towards buying physical gold, you need to figure out where to store it. Some sellers will hold it for you for a percentage of your holdings annually while others charge a flat fee. (Scammers may offer to store nonexistent gold for you, and say that is held somewhere in Europe, for example). You can have gold shipped to you (generally at cost to you) and you can put it in a bank safe deposit box or store it NBA jerseys with a private company. Or if you want to be able to touch your gold, you can store it at home.