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Gold

Posted on 5/10/23 at 10:15 am
Posted by Landmass
Premium Member
Member since Jun 2013
24947 posts
Posted on 5/10/23 at 10:15 am
I'm looking into throwing some of my savings into gold just to diversify on how I have my money saved. Can someone please explain to me what the best method of this is? I've never invested in or purchased gold. What are the pros/cons between investment and purchasing?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57977 posts
Posted on 5/10/23 at 1:56 pm to
Look for a reputable precious metals dealer in your area.
Go in and exchange funds for gold. You'll get it in the form of gold coins which are 1oz, 1/4oz or 1/10oz (you pick the size and type of coin).

It's literally that easy.
This post was edited on 5/10/23 at 1:58 pm
Posted by montana
Bozeman, MT
Member since Dec 2008
1568 posts
Posted on 5/10/23 at 11:33 pm to
A jeweler can help. All gold reseller take 10% off the top.
Posted by texas tortilla
houston
Member since Dec 2015
4050 posts
Posted on 5/13/23 at 3:56 pm to
You will pay more for 2 half ounce coins than one 1 Oz coin. Take possession of your gold. Avoid paper gold.
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