Aug 7, 2009
Gold Investment - Is This Better than Stocks?
AUTHOR: Vanessa Alexander
A gold investment has not outperformed stocks in the last several months as there has been a strong rally on Wall Street in equities. With that being said, if you look at investments since 2000 gold has greatly outperformed stocks. Gold was around $220 an ounce in 2000 and now is trading near $1000. If you had investing in stocks in 2000, you would have lost over 10% of your investment. With this being the case, will gold continue to be a strong investment? No one knows for sure, but if history repeats itself the answer is yes!
There are many ways to invest in gold but some of the easiest ways are to buy gold coins or invest in the gold etf GLD. There are many advertisements for companies that are willing to sell you gold so it should not be hard to find a company that is willing to strike a deal with you. That being said, it might be worth it to check a couple of these companies out as there might be one that offers you a much better deal than another. Pretty much all of these companies list the price they charge on their websites.
Congratulations on taking the first step to investing in gold. If you had invested in gold way back in 2000 you would be up over 300% versus being down on the stock market. The next step is to get out there and actually make some gold purchases!