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Why hold gold ETF?
Conclusion
- Gold is for long-term value storage as well as a hedge against equity market volatility, dollar weakness, or inflation.
- The above 3 gold ETFs are backed by physical gold bullion stored in secure vaults.
- I like GLD the most as it has the largest AUM & is most well established.
- IAU is the most actively traded & often used for short-term trading.
Do you use gold ETF to hedge against equity market volatility?
Please feel free to comment.
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The above personal opinion does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The past performance of the above securities is not indicative of the future performance of the securities. Please refer to the disclaimer statement.
Just comment "EW ...".
Eg, Microsoft Corp - "EW MSFT".
You can still make money from the stock market without knowing when or what stock to buy. Want to know how?
Please comment to contact me.
Invest for lifetime wealth & passive monthly income now.
The above personal opinion does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The past performance of the above securities is not indicative of the future performance of the securities. Please refer to the disclaimer statement.
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