Anyone got any advice on buying gold? I dont want stocks or stock options but considering goldgrams or Physical gold which I will prob be gonna sit on for a while, see how things pan out over the next few years.
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Anyone got any advice on buying gold? I dont want stocks or stock options but considering goldgrams or Physical gold which I will prob be gonna sit on for a while, see how things pan out over the next few years.
Gold is pretty high atm - might not be the best investment. Would consider platinum/paladium maybe. Have a look at coins (gold/platinum) a these usual sell fairly easily.
Thanks, Im not looking to pile everything into gold, just kinda spread my risk a bit incase of future hyperinflations effect on fiat money.
if you buy gold, make sure you buy gold.
it may sound obvious, but some places will sell you "gold" on paper, i.e. certificate or something, which will be worthless if they go bust, and i hear there are some problems in the financial industry at the moment.
You can buy metal certificates as opposed to buying gold and storing it yourself. ABN AMRO trade in commodities and will charge you a custodial fee and a trading fee, but you won't have to faff around with gold bullion and all the security risks associated. However now isn't the best time to buy Gold, its value is on the slide, along with oil etc.. The best investments in my mind are undervalued company stock. There has never been a better time to buy low and sell high, just do your homework.