Personal Development for Smart People Forums

Personal Development for Smart PeopleTM Forums

 

Go Back   Personal Development for Smart People Forums > Personal Development > Business & Financial

Business & Financial Career, work, money, income generation, personal finance, investing, debt, wealth, abundance, entrepreneurship, sales, marketing, SEO, commerce, economics, blogging, podcasting


Welcome to the Personal Development for Smart People Forums, the place for lively, intelligent discussion of all personal growth issues -- physical, mental, financial, social, emotional, spiritual, and more.

You're currently viewing as a guest, which gives you limited read-only access. By joining our free community, you'll be able to post your own messages, access many members-only features, see the new messages posted since your last visit, and of course remove this header message. Registration is fast, simple, and free, so please join today.

If you arrived here from a search engine, you may want to explore the main site first, which includes hundreds of deep and insightful articles on a variety of personal development topics.
Reply
 
Thread Tools Display Modes
  #1 (permalink)  
Old 12-11-2006, 03:51 PM
Senior Member
 
Join Date: Nov 2006
Location: Boston, MA
Posts: 169
mustard76 is on a distinguished road
Default Investing in Gold?

Does anyone know an efficient way to invest in gold?

I wanted to buy gold coins, but because I don't have much to invest the cost of the safe deposit box would eat away a significant chunk of any appreciation in value.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 12-11-2006, 04:27 PM
Member
 
Join Date: Nov 2006
Posts: 38
Steve is on a distinguished road
Default

Since you didn't ask if you should invest in gold, I'll just post how you can:

GLD: Summary for STREETTRACKS GOLD TR - Yahoo! Finance
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 12-11-2006, 04:54 PM
Senior Member
 
Join Date: Nov 2006
Location: Boston, MA
Posts: 169
mustard76 is on a distinguished road
Default

Quote:
Originally Posted by Steve View Post
Since you didn't ask if you should invest in gold, I'll just post how you can:
Please elaborate. I would like to know if I should invest in gold.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 12-11-2006, 04:59 PM
Senior Member
 
Join Date: Nov 2006
Location: Central MD
Posts: 382
Doku is on a distinguished road
Default

I don't think that you're going to get anyone here to tell you one way or the other... there's too much legal risk to doing so.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 12-11-2006, 05:27 PM
Junior Member
 
Join Date: Nov 2006
Location: The Netherlands
Posts: 17
rvgrinsven is on a distinguished road
Default

legal risk? maybe if I'd live in the USA but if I advise investing in gold living in the Netherlands I think there is very little sueing he can do
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 12-11-2006, 06:27 PM
Moderator
 
Join Date: Nov 2006
Location: Berlin, Germany
Posts: 4,905
Brutha is on a distinguished road
Default

I think you would have to say "This is not investment advice before giving the advice"

This should be added to the forum rules.
I have opened a thread for it: Forum Rules
__________________
I am always open for feedback on my posts. If your feedback would go offtopic feel free to send me a Personal Message.

My posts generally don't contain medical or legal advice, if you have a problem seek the opinion of an expert


Talking about this in terms of “bad news” or “bad judgment by business leaders” seems archaic. It’s like describing World War One as “a serious diplomatic concern.”
Bruce Sterling about the financial crisis.

Last edited by Brutha; 12-11-2006 at 08:10 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 12-11-2006, 07:38 PM
Member
 
Join Date: Nov 2006
Location: Finland
Posts: 95
The Probabilist is on a distinguished road
Default

Happy investing.

e-gold

To buy e-gold I use Ice Gold and I recommend them for their rates, speed and reputation.
__________________
The Probabilist . com - Improving Your Odds in Life

Last edited by The Probabilist; 12-11-2006 at 07:41 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 12-11-2006, 09:48 PM
Junior Member
 
Join Date: Nov 2006
Location: Poland/Sweden
Posts: 13
reuben is on a distinguished road
Default

I dont invest in gold, so i cannot help out here.

I know some people who buy for example Krugerrands as a way of securing their future. Just in case war brakes out and everything, including the banking system goes down and they would have to leave their country.

The Krugerrand was the first gold coin to contain precisely one ounce of fine gold, and was intended from the moment of creation to provide a vehicle for the private ownership of gold.

The coins have legal tender status in South Africa but are not actually intended to be used as currency.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 12-11-2006, 10:57 PM
Junior Member
 
Join Date: Nov 2006
Location: Wellington, New Zealand
Posts: 9
MichaelL is on a distinguished road
Default

Gold can be a good hedge against currencies, and thus it does fluctuate a lot. Especially when Big Ben is making his latest announcments from the Fed.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 12-12-2006, 01:30 AM
Senior Member
 
Join Date: Nov 2006
Posts: 124
tc33 is on a distinguished road
Default

Invest in gold?
The Longest Discipline

If you're a short-term speculator AND you have information that the market doesn't (very unlikely), then maybe. If you're a long-term average-joe investor like the rest of us, then don't touch it with a 10-foot pole.

Tom
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
The Stock Market toasterwater Business & Financial 63 05-09-2008 07:36 PM
Any Value Investors here? RT Wolf Business & Financial 24 04-22-2008 04:23 PM
Real Estate investing - systems for determining profitablilty? Dave Kaminski Business & Financial 9 05-17-2007 02:40 AM
MSN Money article: Start investing with just $100 elainevdw Business & Financial 36 12-02-2006 09:45 AM


All times are GMT. The time now is 08:06 PM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.1.0
Copyright © 2008 by Pavlina LLC