Gold bullion is physical gold that for investment purposes can come in the form of gold bars, gold coins (unless you collect them as a hobby) or certificates representing an interest in gold bullion.
At TSI Network, we generally advise against investing directly in gold bullion. Unlike stocks, commodity investments such as gold bullion do not generate income. Instead, gold bullion investments entail costs that dramatically eat into your returns. For example, gold bullion and gold coins cost you money for insurance, storage fees and so on.
However, if you want to own gold bullion, there are easy and low cost ways to do it. Look into investments like SPDR Gold Trust (symbol GLD on Nasdaq). SPDR Gold Trust is an investment trust that aims to reflect the performance of the price of gold bullion, less the trust’s costs. Its sole assets are gold bullion and, from time to time, cash. SPDR Gold Trust’s expenses are just 0.4% of its assets per year.
The 2005 Canadian federal budget made investment-grade gold and silver coins, as well as gold or silver bullion bars, eligible to be held in a registered retirement savings plan (RRSP).
In summary, we see gold bullion as an impractical way to invest in gold. We think investors would do far better to invest in shares of gold mining companies than gold bullion bars. And overall, for the best investment returns, you should follow TSI Network and use our three-part Successful Investor strategy:
Discover how to make the most of your copper investments in this free special report, Gold Mining: How to Choose the Best Stocks and ETFs to Profit from the Reconstruction of Japan, from TSI Network.
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Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
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The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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