When You Buy Gold - Be Sure To Take Physical Possession Of Your Investment

Friends,
Investing in gold, in my opinion, should be a priority. In fact, ten percent of your assets and personal savings should be in gold. However, don't fall into the misconception that investing in gold mines or gold exchange traded funds is the same thing. Nothing could be further from the truth.

My recommendation to own gold means buying the actual, physical, take possession of the yellow stuff.

Feel free to speculate in short term price changes and take chances with buying shares in gold mining, but don't consider that as part of your 10% gold investment.

The main reason to own gold is as a way to reduce the risk faced by investing in the stock market -- including bonds, mutual funds, ETFs, and foreign currencies.

Owning physical gold bullion also avoids the risks of companies having bad management, countries having political upheavals, companies facing labor problems, and investments harmed by tax and regulatory changes.

Gold is a good thing.

You can also benefit from the relative anonymity that comes with owning the metal. It's liquid anywhere in the world; everyone speaks gold.