Read more
Diversify your portfolio with gold and silver
Investing and trading in gold and silver is always a sound idea--and that goes double in a time of unusual market fluctuation. As people look for safe places to diversify their investment risk, you'll likely see the value of your investment go up where other stocks are vulnerable. Gold and silver saw increases in value of 16% and 15% respectively in 2019--putting them among the top ten most desirable commodities out there--and are projected to experience even more of a bear market as the dollar wobbles in an uncertain post-COVID world. This year, 2020, gold and silver are set up to have their best year of price appreciation over the past 40+ years.
Written in an easy-to-follow, no-jargon style by CFP and bestselling author, Paul Mladjenovic, Investing in Gold & Silver For Dummies explains the different complex processes and vehicles for buying gold and silver. You'll find out the best ways to add these to your portfolio, how to balance risk and reward, and how to adapt time-tested investing plans and strategies to your goals.
* Identify your goals and form a plan
* Buy gold and silver safely to diversify your portfolio
* Use ETFs and options to profit from market ups and downs
* Understand when a gold and silver investment is legitimate
* Use technical analysis to time your market entries
Whatever your current familiarity with gold and silver, this book gives you the extra expert knowledge you need navigate your gold and silver investment portfolio safely through a bear or bull market.
List of contents
Introduction 1
Part 1: Getting Started with Gold and Silver 5
Chapter 1: Exploring the World of Gold and Silver 7
Chapter 2: Understanding Gold and Silver's Greatest Benefit 13
Chapter 3: Adding Gold and Silver to Your Portfolio Mix 21
Chapter 4: Recognizing the Risks 29
Part 2: Spanning the Gold and Silver Landscape 41
Chapter 5: Investing in Gold 43
Chapter 6: Surveying Silver 55
Chapter 7: Making the Most of Mining Stocks 69
Chapter 8: Examining Mutual Funds and ETFs 85
Part 3: Looking at Other Gold and Silver Investing Vehicles 101
Chapter 9: Going Direct: Buying Bullion 103
Chapter 10: Numismatic Coins and Collectibles 119
Chapter 11: Leveraged and Inverse ETFs 133
Chapter 12: Focusing on Futures 145
Chapter 13: Considering Options 167
Part 4: Digging into Gold and Silver Investing Strategies 187
Chapter 14: Trying Out Trading Approaches 189
Chapter 15: Using Technical Analysis 201
Chapter 16: Using Dealers and Brokers 219
Chapter 17: Tax and Retirement Considerations 243
Part 5: The Part of Tens 255
Chapter 18: Ten Reasons to Have Gold and Silver 257
Chapter 19: Ten Ways to Add Gold and Silver to Your Portfolio 265
Chapter 20: Ten (Or So) Tips for Gold and Silver Speculators and Traders 271
Part 6: Appendixes 277
Appendix A: Resources for Gold and Silver Investors 279
Appendix B: Gold and Silver Investments 293
Index 299
About the author
Paul Mladjenovic is a renowned certified financial planner and investing consultant. He has authored six editions of the bestselling
Stock Investing For Dummies and is frequently interviewed by media outlets including MarketWatch, Kitco, OANN, and more.
Summary
Diversify your portfolio with gold and silver
Investing and trading in gold and silver is always a sound idea--and that goes double in a time of unusual market fluctuation. As people look for safe places to diversify their investment risk, you'll likely see the value of your investment go up where other stocks are vulnerable. Gold and silver saw increases in value of 16% and 15% respectively in 2019--putting them among the top ten most desirable commodities out there--and are projected to experience even more of a bear market as the dollar wobbles in an uncertain post-COVID world. This year, 2020, gold and silver are set up to have their best year of price appreciation over the past 40+ years.
Written in an easy-to-follow, no-jargon style by CFP and bestselling author, Paul Mladjenovic, Investing in Gold & Silver For Dummies explains the different complex processes and vehicles for buying gold and silver. You'll find out the best ways to add these to your portfolio, how to balance risk and reward, and how to adapt time-tested investing plans and strategies to your goals.
* Identify your goals and form a plan
* Buy gold and silver safely to diversify your portfolio
* Use ETFs and options to profit from market ups and downs
* Understand when a gold and silver investment is legitimate
* Use technical analysis to time your market entries
Whatever your current familiarity with gold and silver, this book gives you the extra expert knowledge you need navigate your gold and silver investment portfolio safely through a bear or bull market.
