If investing directly in gold isn’t an option for you, look to Exchange Traded Funds. On Wall Street, there are five ETFs that are gold investing oriented.
The one I like is streetTRACKS Gold Trust (Symbol: GLD). This ETF is a way to invest in gold and trade it like a stock.
Of the five I reviewed, GLD is the strongest and has the most potential. All five gold-oriented ETFs I looked at lost money in the past month, but GLD only lost 1.33% and it’s been coming back over the past week.
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Email: jmartin@jasonamartin.com
My name is Jason A. Martin and this is my investment blog. Back in Jr. High School I fell in love with an electrical wiring company's stock on Wall Street. After following the stock daily in the papers—the Internet wasn't around back then—I sent them a letter and they sent me back all sorts of wonderful information about their company.
In High School, we had a stock market contest. All the kids were picking companies that made stuff they consumed. When I announced my beloved company, I was laughed at. Little did they know that my company was going to be the subject of a takeover soon.
Long story short, I won the contest and have made money in the stock market, through real estate investing, currency trading and so forth.
I hope you enjoy Financial Rebel. If you do, please leave your comments and share this site with those you know.
Jason