Gold
Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.
Can someone enlighten me.
Thank you,
Margaret
Investment Queens
You can get a GOLD ETF like: GLD
If you want something more aggressive like a 3x ETF = NUGT (but be very careful with this one as they are very volatile. 3 times more than the usual ETF shown in this screenshot.
Alessandro
Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
You could look into mining stocks.
There is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.
Hope this helps -- Mark Johnson
Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
BetterInvesting magazine had as its Stock To Stock (STS) a gold mining company in Canada called Kirkland Lake Gold (KL). I believe it was the Dec 2020 stock. Read the article and see if that is something your club would consider.
Kevin
There is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.Hope this helps -- Mark JohnsonSomeone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
Is the best thing to use in certain cases, or really good contact an electrical connections, it is bought principally for decoration and a source of wealth to be displayed on arms and fingers.
You can find penny stocks and posts extolling The tremendous wealth in the mountains of gold ore held by the penny stock companies. They do not mention extraction cost.
Speculation drives the price of gold up and down.
Gold is no longer the basis of currency. It does have uses, but they pale compared the demand for jewelry.
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From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of Mark Johnson via bivio.com <user*34961800001@bivio.com>
Sent: Friday, February 19, 2021 11:06:25 AM
To: club_cafe@bivio.com <club_cafe@bivio.com>
Subject: Re: [club_cafe] Gold
Sent: Friday, February 19, 2021 11:06:25 AM
To: club_cafe@bivio.com <club_cafe@bivio.com>
Subject: Re: [club_cafe] Gold
There is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club
is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.
Hope this helps -- Mark Johnson
Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
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BetterInvesting magazine had as its Stock To Stock (STS) a gold mining company in Canada called Kirkland Lake Gold (KL). I believe it was the Dec 2020 stock. Read the article and see if that is something your club would consider.KevinThere is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.Hope this helps -- Mark JohnsonSomeone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
My investment club invested in GLD. Had to hire my accountant to do our taxes that year. Stay away
On Fri, Feb 19, 2021 at 12:20 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
You have to be very careful about investing in Gold or you will have tax reporting issues to deal with which are not part of the services you get from bivio.
GLD is a problem.
Actual physical gold would create all types of problems.
Some of the gold miners may be OK.
It is best to send us a ticker and have us look it up for you before you purchase it.
Laurie Frederiksen
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Click here to Subscribe to the Club Cafe email list. Click here to UnsubscribeBetterInvesting magazine had as its Stock To Stock (STS) a gold mining company in Canada called Kirkland Lake Gold (KL). I believe it was the Dec 2020 stock. Read the article and see if that is something your club would consider.KevinThere is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.Hope this helps -- Mark JohnsonSomeone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
What about KL- Kirkland Lake Gold?
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On Friday, February 19, 2021, 9:19 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:
You have to be very careful about investing in Gold or you will have tax reporting issues to deal with which are not part of the services you get from bivio.
GLD is a problem.
Actual physical gold would create all types of problems.
Some of the gold miners may be OK.
It is best to send us a ticker and have us look it up for you before you purchase it.
Laurie Frederiksen
Invest with your friends!
www.bivio.com
Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+
Click here to Subscribe to the Club Cafe email list. Click here to UnsubscribeBetterInvesting magazine had as its Stock To Stock (STS) a gold mining company in Canada called Kirkland Lake Gold (KL). I believe it was the Dec 2020 stock. Read the article and see if that is something your club would consider.KevinThere is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.Hope this helps -- Mark JohnsonSomeone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
Sent from my iPad
On Feb 19, 2021, at 10:19 AM, M. D. via bivio.com <user*9437600001@bivio.com> wrote:
Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
The same goes for silver, like SLV. If you don't want to complicate your club accounting then stay away from any stocks/ETFs that hold physical precious metals. The way that these companies collect their fees is by selling the precious metal each month.
John
Sent from my iPadOn Feb 19, 2021, at 10:19 AM, M. D. via bivio.com <user*9437600001@bivio.com> wrote:Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
please delete me from your list
Sent from my iPadOn Feb 19, 2021, at 10:19 AM, M. D. via bivio.com <user*9437600001@bivio.com> wrote:Someone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens
We purchased GOLD (Barrick Gold Corp). Are we going to have the same Bivio problems that were mentioned with GLD?
Robin
Helen Keller was once asked if there was anything that could have been worse than losing her sight. Keller replied: "Yes, I could have lost my vision."
On Fri, Feb 19, 2021 at 12:20 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
You have to be very careful about investing in Gold or you will have tax reporting issues to deal with which are not part of the services you get from bivio.
GLD is a problem.
Actual physical gold would create all types of problems.
Some of the gold miners may be OK.
It is best to send us a ticker and have us look it up for you before you purchase it.
Laurie Frederiksen
Invest with your friends!
www.bivio.com
Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+
Click here to Subscribe to the Club Cafe email list. Click here to UnsubscribeBetterInvesting magazine had as its Stock To Stock (STS) a gold mining company in Canada called Kirkland Lake Gold (KL). I believe it was the Dec 2020 stock. Read the article and see if that is something your club would consider.KevinThere is a symbol GLD, in which I have some (too much) investment. There are also mining stocks, one I invested in was Ashanti Gold, operating in Africa. That one I consider was a better investment. However I would question whether an investment club is best using its talents to invest in gold. These things follow patterns that are an ill fit to Better Investing's well described approach.Hope this helps -- Mark JohnsonSomeone in our club brought up purchasing Gold. Are there Gold Stocks? Seems like we looked into this once before and it wouldn't work.Can someone enlighten me.Thank you,MargaretInvestment Queens