Start investing in gold

[Fiat1]

Has anyone here invested in gold? If so how do I start and where do you begin?

 

[tfinch2]

Start by buying those gold plated collectors coins you see advertised on TV. Huge potential.

 

[FoBoT]

buy stock in gold mining companies

http://www.zealllc.com/2002/goldstk101.htm

go with world class unhedged leveraged major gold mines

 

[sager66]

Are you referring to actually having the physical metal in your possesion, or paper investments such as a mining stock mutual fund?

 

[jakedeez]

How much are you looking to invest? Why do you want to invest in gold?

 

[Doodoo]

Look into GLD

 

[Sluggo]

http://www.google.com/search?hl=en&q=gold+investing

Took me a few hours to determine the proper word string, but I think I may have answers for you

 

[iversonyin]

Originally posted by: Doodoo
Look into GLD

Gold tracking ETF. not bad

 

[SludgeFactory]

Gold is at a 25 year high. That's a great sign. STRONG BUY

I also recommend Video Professor CD's and timeshares for cash.

 

[state 08]

Investing in gold is so stupid.

 

[GTaudiophile]

Either buy gold or buy mutual funds that buy gold.

 

[pennylane]

Originally posted by: state 08
Investing in gold is so stupid.

Yeah. Everybody knows you should be investing in salt.

 

[MikeSci457DC]

use yahoo financial to compare gold based mutual funds

 

[DaveSimmons]

Originally posted by: SludgeFactory
Gold is at a 25 year high. That's a great sign. STRONG BUY

I also recommend Video Professor CD's and timeshares for cash.

Almost missed the sarcasm before I read the second line 🙂

Gold is an awful investment. $10,000 invested in an S&P 500 stock index mutual fund in the '70's would be worth $80,000+ today, while $10,000 invested in gold would be worth . . . $10,000.

Gold is either to prepare for a Road Warrior future, or to gamble on in short-term trades to lose money fast, it's a bad way to invest for retirement. Even if we do end up Beyond the Thunderdome, guns will be a better investment than gold.

 

[Schadenfroh]

Buy the bars and bury it in the back yard, cant trust banks either you know!

 

[ponyo]

You can buy gold coins. Pretty simple to store.

US Mint sells American Buffalo Gold Proof one ounce coin which are .9999 pure (24kt). These are actually the first pure gold coins issued by the US Govt. Or you can buy the popular American Eagle gold proof coins which contain 91.67% (22kt) gold.