How Do You Invest In Gold Index Funds?
When the government prints a lot of money, the chances for inflation increase. This means the dollar is less valuable, and the value of commodities, such as gold and other precious minerals, tends to rise. Well, the government is printing a lot of money in 2009, and consequently, investors are more interested in gold index funds. Gold index funds are simply a collection of assets that represent the gold industry. They can hold stocks of gold mining corporations or gold futures contracts, for example. If you’re interested in investing in gold index funds, there are a few things you need to know about. Open a brokerage account that offers gold index fund trading. Because there are SPDRs, ETFs and iShares (types of index funds, basically), more and more brokers handle these types of transactions. Discount brokers that offer minimal charges for trades are best for the investor who is just starting out. Determine what strategy you will use to trade your gold index funds–whether you will tr
