Gold bullion is physical gold that for investment purposes can come in the form of gold bars, gold coins (unless you collect them as a hobby) or certificates representing an interest in gold bullion.
At TSI Network, we generally advise against investing directly in gold bullion. Unlike stocks, commodity investments such as gold bullion do not generate income. Instead, gold bullion investments entail costs that dramatically eat into your returns. For example, gold bullion and gold coins cost you money for insurance, storage fees and so on.
However, if you want to own gold bullion, there are easy and low cost ways to do it. Look into investments like SPDR Gold Trust (symbol GLD on Nasdaq). SPDR Gold Trust is an investment trust that aims to reflect the performance of the price of gold bullion, less the trust’s costs. Its sole assets are gold bullion and, from time to time, cash. SPDR Gold Trust’s expenses are just 0.4% of its assets per year.
The 2005 Canadian federal budget made investment-grade gold and silver coins, as well as gold or silver bullion bars, eligible to be held in a registered retirement savings plan (RRSP).
In summary, we see gold bullion as an impractical way to invest in gold. We think investors would do far better to invest in shares of gold mining companies than gold bullion bars. And overall, for the best investment returns, you should follow TSI Network and use our three-part Successful Investor strategy:
Discover how to make the most of your copper investments in this free special report, Gold Mining: How to Choose the Best Stocks and ETFs to Profit from the Reconstruction of Japan, from TSI Network.
Here’s a stock tip: Successful investing in mining stocks, especially jr mining stocks, can be hard, especially in 2024 given volatile commodity prices. Still, the following 20 tips should help guide you to top miners regardless
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Investing in gold: gold shares, gold bullion or gold in your RRSP—which is best?
At TSI Network, we’ve long recommended that you stay away from buying gold bullion, coins (unless you collect them as a hobby) or certificates representing an interest in bullion. If you are… Read More
Investing in top Canadian gold mining companies can lead to resource-sector gains, but be sure to use our tips to choose wisely
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Here’s the text of my latest letter to our Portfolio Management clients, sent in March:
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YAMANA GOLD INC., $8.00, is a buy. The miner (symbol YRI on Toronto) owns and operates five gold mines, in Canada, Brazil, Chile and Argentina. This includes the Cerro Moro gold/silver mine in Argentina. It started up in mid-2018.
Yamana has announced that it is in… Read More
Canadian ETF assets under management totalled $211.4 billion by the end of May, 19% more than 12 months earlier. So far this year, stock market ETFs have attracted $12.7 billion followed by fixed-income funds. They attracted $4.0 billion in inflows.
Despite the economic uncertainty associated with… Read More
We think that the best drug company stocks to buy could offer you the same strong appeal that we see for gold stocks. Here’s why we like both.
When looking for the best drug company stocks to buy you’ll need to factor in how key the… Read More
If you expect the price of an asset to rise, you may be tempted to buy ETFs.using borrowed funds to boost their returns. But beware—leveraged ETFs often have big added risks.
Leveraged ETFs use a combination of derivatives and debt to double or triple any value… Read More
For many investors, gold represents a “safe harbour” amid COVID-19 turbulence. That’s reflected in the sharp price jumps we continue to see.
We expect gold-loving markets in Asia and other emerging markets to rebound after the coronavirus. That should further spur gold purchases, taking gold stocks… Read More
Here’s the text of the most-recent letter I sent to our Portfolio Management clients last month:
“We’ve generally stayed out of drug stocks for much of the past two decades, but that will change over the next year or two. In fact, we now expect to… Read More
Learn everything you need to know in 'Juniors to Giants: The Complete Guide to Mining Stocks' FREE Special Report from The Successful Investor.
Best Canadian Mining Stocks TSX:
Plus Gold Stocks, Canadian Diamond Mines and more.
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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We do reserve the right, however, to collect and perform statistical analyses of the internet traffic to our website for our internal use. However, information collected does not allow us to identify any individual, and will not collect any personal information of the visitor. Furthermore, we do not sell, rent or loan to any outside parties the information collected and analyzed.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Except as provided herein, TSI Network will not sell or rent personal information about you to unaffiliated third parties.
We may disclose personal information you have provided through our websites, for the above purposes, to persons or companies that we retain to carry out and other activities for which you have registered or in which you have otherwise asked to participate. In particular, we may for these purposes transfer information to any country (including the USA and other countries which may not offer the same level of data protection as Canada). We also will disclose personal information if required by law, including compliance with warrants, subpoenas or other legal processes.
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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What Choices Do I Have?
Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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