Nagoya Corp – Investing In gold.
Nagoya Corp takes a look at the gold industry and how to invest in it. There are two main reasons for investing in Gold, firstly because it is a traditional way of preserving wealth during volatile economic times, and secondly it is often utilized as a hedge against the US dollar. On top of that gold is a very liquid commodity, being easy to buy and sell.
Apart from the buying of gold bullion itself, the shortest route into gold are Exchange Traded Commodities, or ETCs. Similar to Exchange Traded Funds, which track a particular market sector, ETCs will track a commodity or a select basket of commodities. Like an index fund they are unmanaged passive investments, simply tracking the price of gold.
Nagoya Corp also often recommends buying into a mutual or exchange traded fund to gain a diversified portfolio of gold and mining stocks, offering the required exposure to the gold industry while protecting the investor from the risks of holding only a handful of stocks.
There are a number of companies that offer the ability to buy gold bullion, even some that allow the pooling of funds so that smaller investors can purchase a share of a gold bar. However the Nagoya Corp more often recommends to investors that they look to gold coin sovereigns, despite the slightly higher price, as the historical element and aesthetics of a coin can add to the value, especially over time.
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