How do I go about investing in gold mutual funds?
The attached link has a good article comparing the various gold mutual funds. Another option would be gold etf (exchange traded fund). It is bought and sold like any other stock. This link has information on the gold etf.
Clearly you are anxious to lose your money.
You want a get rich quick scheme. Don't say yu don't. You haven't thought about this at all.
Gold is gold. Its price is the same as all the other gold.
Mutual funds are not gold. They are diversified stock portfolios - not gold.
start with research..
More likely you'd be looking for a more general precious metals fund. I don't know if a precious metal index exist? If it does, and there is a precious metals index fund, thats what you should buy. If not, look for the fund with the lowest expenses.
Bling, Bling! Be diversified but check out the iShares and other ETF's. 2007 outlook...good as gold.
with the fees from mutual funds you would be better off in an ETF the one I really like (and owned for a bit) is GLD. However I am not quite ready to jump back into gold just yet if the price falls to the mid 50's then go for it. 60 is a resistance area
More Questions & Answers...