how can i purchase gold as a means of investment? can someone help me?
534691
Open a brokerage account.\n\nTop 3 Answerer in Business & Finance. (Vote for me)
430150
Best thing would be to go to a pawn/antique shop, buy a bunch of stuff made with those metals, melt them down, and make a bar.\n\nIndividual investors cannot just buy a bar of metal.. however since those metals are more common, go to Home Depot and look for them, ie. Copper Wire. \n\nIf you want to invest in them to make money because you think their price will go up, buy an ETF or a large producer/distributor of those metals, stock.
576190
That is a tough question to answer. I guess this is the question every person ever born asked at one point. How do I increase my savings.\nWell there are many ways:\n1. Put it in a bank and wait for the interests. That would take a long time to see any significant increase but the risk is very very low.\n2. Invest in something. This has better chance of increase but has much higher risk of losing. So invest in something you are sure that wont lose value. Gold is going up and so are many other precious metals - platinum, palladium, silver, and some not-so-precious metals copper, zinc etc.\nMany stocks are going up. If you catch the right boat at the right time.. you may get where you want to be. \nMost people you ask will give you a surefire idea about where to put your money. But ask them if they will put all their money there too. Most of the time they won't. \nSo its about your willingness to take risk and your ability to find the best option for the million available ways to invest your money.\nIf you live in India, real estate is in the boom. The money you've got is worth a little above 1000 US Dollars. So you cant buy much land with it. \nMy personal advise - buy gold. It is now at 25 year high, but it can still go up. As anything else, it has risk of losing value, but I don't expect gold to crash like Enron.
345674
Go to ishares.com and have a look at an ETF known as The COMEX Gold Trust, ticker IAU. You buy it on the open market, like a stock, but it is constructed like a mutual fund, invested in ounces of gold and gold futures that are held in a trust. You own shares of the trust, not gold outright, and thus you don't have any of the hassles of storing, or insuring, the metals. The annual expense ratio for all of this is only 0.40%, plus whatever trading costs you incur thru your broker. If you use a discount broker, they can be nominal, depending on the dollar value of your buy-in.
320831
LOL with Gold at $632 an ounce HELL YEAH!  Its skyrocketing!  So is Silver.  Go buy silver coins from the coin store and hold on to them for a few years, they will be worth ALOT later!  I bought 100 one ounce coins about 2-3 years ago when silver was only $5.60 an ounce...now its $12.95 and ounce and growing higher with gold.  Im buying more up every few months.
273119
beginnersinvest.about.com and earlyearners.com\nTwo websites you can check out. Best way to start investing is to just by setting aside a small about each week or month i.e. 25.00/week and letting it set in a savings account until you find a certain investment you would like. Whatever you do make sure that the investment is something you are comfortable with. And whatever anyone tells you nothing will guarantee a return except goverment obligations such as government issued bongs and banks. OTher than that there is risk. However risk isn't necessarily bad. Just research before you buy.
439250
Gold in the raw form can be bought in many ways. The first thing you need to ask many questions. For example, Do you want to have it physically, or on paper. The fact is there are many funds that will buy gold. If yo want to hold in your hand then you must look at the Swiss site or rethink about gold coins. You really need to due a great deal of homework.
661381
When the performace of an investment becomes front page news, like gold has recently, that says only one thing to me:\n\n     BUBBLE!\n\nMaybe gold has had some fundamental reasons for going up thus far, such as inflation and weak dollar, but if it continues to skyrocket, I think it's mainly a speculative bubble. Remember, gold doesn't do squat for you while you own it.  No dividends, no interest payments, nothing. (In fact, you have to pay to store it securely.) To make money on gold, you have to hope someone will want to buy it from you later at a higher price. \n\nSo to answer your question, now might be a fantastic time to buy gold, as long as you have psychic powers to know when the price will suddenly collapse.
536193
i suggest to invest currently in gold as best option or if u want ur investment more secure then invest in insurance unit link plans
1031816
Go to a bank and take out a loan... very unlikely that you'll find any answers that you want.. no one is going to give/loan/borrow/invest.. whatever you want to call it.. that much money to someone on yahoo.. come on kid.. seriously!
621971
Up, \nMore and more people are entering the market every day and online trading has taken off. I use a site that gave me 1 free gram of gold to trade, you could do the same and watch your free gold increase in value and learn how to trade.
479220
Ask yourself this before you spend. Do I need this or do I want this. Save your money, invest wisely and look out for gold diggers. Good Luck
27224
It has been legal to own and hold gold in the United States since 1971. I'm not familiar with laws on gold in other countries. You might want to rent a safe deposit box in a bank to store it in for safekeeping. The price of gold has risen dramatically in recent months and many gold bugs expect it go much higher so you might want to keep it as a long term investment. There are lots of gold dealers that will buy it from you. Most US banks would not be interested in buying it as they have no facilities for dealing in gold. \n\nYou also might want to get it assayed if it is not of a known purity. Some of the gold dealers can get this done for you for a price. An assay is used to test the purity as gold is often alloyed with silver or copper.
58668
Yes, there are several gold ETF's. IAU and GLD are two of them that can be traded as you trade equities. You can even use limit orders on them. Just watch the expense ratio. For more information, go to the AMEX web site and look for ETF.\n\nThe alternative is to buy a stock of a gold mining company. There are literally dozens of them, some of the more popular ones being RGLD, ASA, NEM, AUY, GG.
1065595
Gold prices have been on a steady decline lately, so it might not be a good place for your money.  If you just want to exchange money online, PayPal is the most common method.
62144
IMO Gold is an "insurance policy" not an investment.  \n\nIn general, gold rises under a few conditions: \nEconomic instability\nLowering value of the dollar\nIncreased inflation\n\nYou can certainly speculate by buying gold, but you're betting that one of the above conditions takes place or increases in magnitude.  \n\nOver time, gold has shown itself to be a poor investment in comparison to stocks, bonds etc. But an excellent hedge against inflation and monetary collapse.\n\nNowadays many people think that a repeat of 1929 - 1939 is impossible. It is not.  It is prudent for anyone to have a portion of their portfolio in gold as insurance against a similar future collapse because gold has historically been a store of value from ancient times to today.
46490
Where ever you signed up for your real time quotes should offer a link, if not simply goto www.briefing.com and select your option from Gold, Silver or Platinum. PS. be sure that the service you signed up for actually offers "Real Time qoutes" if you plan to base your investments on any information that the service offers. Sometime they say real time when in fact there are more often then not, delays as long as 15 minutes, which could kill an unaware invester. Good Luck investing