You might be thinking right now that investing in gold bullion is something you should leave to the experts. Yes, most traders who are making a lot of noise are professional traders. But you can get into the bullion market in a few simple ways, and gold could be a good investment for you.
Gold is probably one of the most liquid ways to put your money to work. And, unlike many other commodities, it is literally traded all over the world 24 hours a day. This means that almost any country is a good place to buy and sell gold.
Mom always told me not to put all of my eggs in one basket, which is why gold should be the base of my investment portfolio. If you only have paper investments in your portfolio, you should know that gold tends to move in the opposite direction.
It really stands out as a way to change things up. Gold can help even out the ups and downs of the market when you have stocks, bonds, and cash. A lot of financial advisors say that people should have 5 to 10% of their portfolio in gold.
Investing in the American Eagle is a great way to get into the gold bullion market. This coin is the only bullion coin backed by the United States government for its weight, content, and purity. Think about how you'll feel when you buy them.
American Eagle gold coins don't need to be tested, and you can turn them into cash at any time. American Eagles are easy to keep track of because they are tied to the spot price of gold plus a small premium to cover the cost of minting and shipping.
Many people have put their Individual Retirement Accounts or other tax-advantaged plans with American Eagle gold bullion coins. It makes sense to at least think about finding out more about the American Eagle. If you thought it was too hard or complicated to invest in gold, read our reports to find out why now is the best time to do so.
