Saturday, February 05, 2005

GLD : Time to accumulate

The ETF for trading Gold (Symbol: GLD) has gone down about
7-8% from its peak. It must go down a little bit more but we
cannot be too sure.

If you have cash, start buying in installments of about 1000$
so that you can dollar-cost average.

In these days of uncertainties about US economy and paltry
numbers for new job creation, you will certainly benefit
from investing in Gold.

Only point is: Don't put your all cash at one time.
Rather spread your investment in time.

Cheers!


1 Comments:

Blogger Blessed Brilliant said...

Good information...

7:43 AM  

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