I opened $iShares Gold Trust(IAU)$ ,Why IAU is a good ETF to have: IAU, the iShares Gold Trust, is a popular gold ETF that offers investors a convenient way to gain exposure to the price of gold. Here are some reasons why IAU is a good ETF to have: Low Costs: IAU has a low expense ratio of 0.25%, making it a cost-effective way to invest in gold [4]. Liquidity: IAU is a highly liquid ETF, with a large market capitalization and a high trading volume, making it easy to buy and sell shares [5]. Physical Gold Holdings: IAU holds physical gold bars in vaults in London and New York, providing investors with a direct link to the price of gold [5]. Diversification: IAU can be used as a diversification tool, as gold tends to have a low correlation with other asset classes, such as stocks and bonds [4]. Long-Term Performance: IAU has a long history of tracking the price of gold, providing investors with a reliable way to invest in the precious metal [3]. Convenience: IAU offers investors a convenient way to invest in gold, without the need to physically store or insure gold bullion [5]. Overall, IAU is a good ETF to have due to its low costs, high liquidity, physical gold holdings, diversification benefits, long-term performance, and convenience.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.
