- Main ways to invest in gold are: buying the physical gold, invest in gold related stocks, invest in gold fund, trade gold futures and options.
- Trading gold future and gold options are risky and should be avoided.
- Investing in physical gold and gold ETFs can be a great option to diversify your portfolio.
- Buying gold can be performed by either buying using cash or Gold IRA which can give you certain tax benefits.
- Gold IRA is a good way to buy gold for retirement, as the overall trend of gold price have raised 4-fold for the past 20 years.
KEY TAKEAWAYS
