If you are like most people in recent years then you have been adversely affected by the recent economic instability that every nation on the planet has had to face. Because of this instability, many people are choosing to invest in gold because of its ability to consistently stay stable and constantly increase in value for centuries. The fact is that since gold steadily increases at a rate of 2% per year, it is the only truly safe investment.
Sure it used to be that real estate was thought to be the perfect investment since you cannot create more land. However, the recent downfall of the housing market has shown that this is not the case. Many families now have a mortgage which is greater than the value that their home would ever sell for.
Because of the ease and low initial costs, more people these days are turning to investing online. In recent years, more online investment accounts have been created than ever before. People want to deal in all kinds of commodities from stocks and bonds to currency. However, many people also want to trade gold online as well.
Buying selling and trading gold online is an excellent way to invest your money in something that is very stable. You have a number of options to choose from depending on how much money you want to make and in what time frame you want to make that money.
Keep in mind though, that like any other investment, there will always be inherent risks that you will have to be willing to accept. You should never invest more money than you can afford to lose because there is always the possibility that you can lose money. Even if you are purchasing physical gold and hiding it in the garage, there is still the potential of being robbed and having it stolen.
When you chose to trade gold online, you can purchase many different types of commodities. You can invest in certificates or even ETFs. If you invest in certificates, you are actually purchasing a piece of a real brick of gold that is sitting safeguarded in a vault somewhere. However, if you are investing in an ETF, you are buying a share of a company that solely invests in gold in large quantities.
Gold certificates are one of the most popular ways of investing in actual gold for the long term profitability. You purchase the certificate which is a share of an actual piece of gold that is stored in a vault. Later when the value of gold increases, you can sell the certificate for a profit. Since gold increases by 2%v annually and the inflation rate increases by 3%, you will actually be losing money when you invest in certificates, but the amount of money you make will always be greater than what you paid when purchasing the certificate.
With gold exchange traded funds, or ETFs, you are buying a small portion of a fund which is used to invest in gold. You are not actually purchasing any gold. Since the price of gold fluctuates daily, it is possible to make short term profits from investing in the precious metal. However, you need to be able to purchase tones of gold at a time in order to make any real profit. These funds pool your money with countless other investors in order to create the leverage needed to buy tons of gold at a time. However, ETFs are not good for long term investments because their value always decreases over time.
Regardless of which way you plan on going, all you need to trade gold online is an online investment account. There are many fine online brokerages that use a number of different trading platforms. Since the gold market is worldwide, it is therefore open 24 hours a day. Assuming that you have internet access, you can buy sell and trade gold online any time of day and from just about any location in the world.
Many online brokers now also offer a mobile version of their trading platforms for use on your smart phone. This means that you can take your online trading capabilities to a whole new level.Dan Craig