The best method for trading Gold depends on your time horizon and risk tolerance.
As a small investor , my preferred method is physical gold backed ETFs as my time horizon is long term. My favourite Gold ETF is $iShares Gold Trust(IAU)$ as it has the lowest expense ratio of 0.25 % compared to $SPDR Gold Shares(GLD)$ expense ratio of 0.50%.
I am not into Gold Futures nor Leverage ETFs as the risks are higher. High risk = High rewards but it requires more capital and an in-depth market knowledge.
Slow and Steady is my mantra.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @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.
- nimblyยท12-26 14:16TOPSpot on! Gold hitting $5000 by 2026 is totally doable. IAU's low fees are a game-changer for long-term holds. [็ๆถจ]1Report