June 4, 2011. Bill Szydlowski
credit: kevindooleyInvesting in a gold ETF has become very popular since the late 90s. Gold is capable of holding its value against factors that affect other investment portfolios like wars, economic recession, famine etc.
Most stock that are traded on the stock exchange are usually affected by such factors and some have made the companies to collapse taking with them a lot of investor funds. The gold ETF is an exchange traded fund similar to a mutual fund but with a difference in that it can be traded on the stock exchange.
Once you invest in a gold ETF the handler will buy the gold and keep it in a secure location until the time you are ready to sell. A gold etf is a double-edged sword. On one hand it can double or triple your investment in a short while and on the other hand it can reduce your investment to one-half or one-third. The only consolation is that it has shown a propensity to withstand any drastic negative price changes.
Another stable method of investing is buying loose diamonds wholesale. Diamonds are also used to store wealth since they too can hold their value against the factors mentioned earlier. Unlike gold, you can carry your wealth with you quite easily using loose diamonds. Millions of dollars worth of diamonds can be carried in a small pouch in you briefcase. If you are a novice at buying loose diamonds, then you should be cautious and ask for certification before you buy any. This certification shows the diamonds’ quality in terms of weight, clarity and a number of quality indexes. It also gives the value of the diamonds which will let you now how much you should pay for them. The origin of the diamonds is also important lest you buy blood diamonds which will then be hard to convert to cash when you need it since they are usually shunned by diamond traders.
Published June 4, 2011. Bill Szydlowski
