Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Get paid 20% per year to "rent" out your gold
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Friday, March 06, 2009
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From DailyWealth:

Gold is one of the few things that can hold its value in tough times. Throughout history, gold has been a hedge against calamity and a safe haven during the onset of inflation. And the Federal Reserve is doing everything in its power to cause inflation.

Unfortunately, investing in gold comes with two problems. First is where to store it... Gold is heavy, and it needs someplace safe. Some "gold bugs" even bury it in their backyard. The other problem is, gold doesn't generate any income. Unless you own a well-run mine that passes on cash flow to you, gold is just a boring hedge with no income.

I've found a secret that solves both of these problems. Here's how it works...

Today, you can buy the SPDR Gold Shares Trust (GLD). GLD is an exchange-traded fund that buys and owns gold bullion. By owning shares in this "trust fund," you own actual gold... and the trust stores it for you. That solves the first problem: storage.

Read full article...

Topics: Gold | Boondoggle | Income Investing
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