🌟🌟🌟I have invested in $iShares Gold Trust(IAU)$ which tracks the spot gold price, using gold bars held in vaults. IAU is the 2nd largest Gold ETF after $SPDR Gold Shares(GLD)$ which is the world 's largest Gold ETF.
IAU' s share price is up 29% year todate. It also has a low expense ratio of 0.25%. I use IAU ETF as a tactical hedge against high inflation and potential rise in geopolitical conflicts as Gold is often regarded as a safe haven asset.
With IAU, there is no need to worry about safe custody issues or theft. It is also easier to buy and sell the ETF, just like any other ETFs.
@Tiger_comments @TigerStars @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
You're amazing, Koolgal! 🌟 Your portfolio is fully diversified—it looks like you've invested across various asset classes. Truly worthy of being the tiger star of our community! 🐯✨