Gold is one of the most accessible commodities for the average investor. It can be bought in the form of bars, coins, futures contracts, and options. Physical gold can be purchased from retailers, pawnshops, jewelry shops, and even banks or brokerage agencies. Futures contracts and options give the holder the right to purchase a specified amount of gold on a future date and price.
When buying gold, it is important to verify its authenticity. It is also important to consider individual circumstances, objectives, and risk tolerance before investing in high yield bonds. Investing in gold mutual funds means that you own shares in multiple gold-related assets, but you don't own real gold or individual shares. You can buy gold bars from traders, individuals or online on sites such as JMBullion, American Precious Metals Exchange (APMEX) or SD Bullion.
We offer active investment strategies in public and private markets and tailored solutions for institutional and individual investors. This material does not provide personalized investment advice or offer legal, tax, regulatory or accounting advice.NerdWallet does not and cannot guarantee the accuracy or applicability of any information with respect to your individual circumstances. Bankrate does not offer advisory or brokerage services, nor does it provide individualized recommendations or personalized investment advice. Unless otherwise stated, this material has not been based on a consideration of the client's individual circumstances and, as such, should not be considered a personalized investment recommendation.Individuals are encouraged to consult their personal tax or legal advisors to understand the tax and legal consequences of any action, including the implementation of any strategy or investment described in this document.
Leave a Comment