How Do You Buy Gold For Investment?
For thousand of years gold has been coveted. Things are no different today. With the economy in a slump many turn to gold as a way to hedge inflation. Another unique advantage of gold is that as the demand for gold increases the price of gold also goes up. One way to make money in uncertain times is to add gold to your investment portfolio. Step 1 Buy gold mutual funds. This is the easiest way to invest in gold. Once you choose a top-performing gold mutual fund, you make a deposit and let the professional fund manager handle all the details. Mutual funds are simple to use and you don’t need a broker to invest. To find the best gold fund visit the Morningstar website. Step 2 Buy gold mining stocks. There are many gold mining companies that sell shares of stocks on the exchanges. A great source of information is Value Line. This service offers detailed information about earning history, amount os assets and amound of debt. There are also websites that specialize in analyzing the mining s