Gold ETF – GLD
If you want to invest in gold, the SPDR Gold Shares (GLD) is the obvious choice for one simple reason: The gold ETF is the next-closest thing investors have to holding physical gold.
Sure, the fact that you’re not holding physical gold with this gold investment has its upsides and downsides. On one hand, a gold ETF means you don’t have to worry about the physical storage of the gold, which means no safe or sleepless nights worrying about someone nabbing your hoard.
Of course, should the world go to hell in a handbasket, each unit this commodity ETF might be based on the price of a tenth of an ounce of gold … and that bullion supposedly is sitting in vaults somewhere. However, only a few “authorized participants” are actually able to ever see a bar of it.
But that only matters if you’re picking a gold investment because you’re worried about an apocalyptic scenario. If you’re merely investing, the GLD gold ETF will do you just fine.
Sure, gold doesn’t have a ton of practical applications, but there are real drivers such as jewelry demand and central banks buying for their own stores. And for just 0.4% in expenses, or $40 for every $10,000 invested, you can invest in gold via this uber-liquid gold ETF.