1 thought on “How does investing in gold work and is it worth it?”

  1. Gold is an option, but maybe not the best.

    There are several ways to invest in gold.

    Buy gold coins. Disadvantages: have to store them, have to pay mark up to buy and mark down to sell. Subject to theft.

    Buy GLD. ETF that tracks the price of gold. Disadvantages: Has annual expenses.

    Buy gold mine stocks. Disadvantages: subject to management mismanagement.

    Instead I would think about investing in oil. Disadvantages: It is possible that another large field could be discovered. Subject to government seizures. Advantages: Demand continues to rise, production continues to fall.

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