Gold Funds For Smaller Investments

“Gold Funds For Smaller Investments”

 

Admittedly, not everyone will have $5,000 to start in a typical gold fund. Or they otherwise may not want to allocate that much to gold funds.

For this reason I want to revisit ETFs, such as the Market Vectors Gold Miners ETF, which trades under the GDX symbol and provides exposure to a host of mining companies without the initial capital outlay.

GDX is an answer to USERX, and is about 2/3 less expensive. You can buy as little as a single share, so the cost of admission is not an obstacle. If UNWPX was more to your liking, you can substitute the Market Vectors Junior Gold Miners ETF (GDXJ).

About The Author

Scott

Scott is an estate & financial planning attorney who focused professionally on wills, trusts, estates, asset protection, LLC formation & business planning, and generational wealth through cutting edge & unconventional investment strategies. Today he helps entrepreneurs maintain legal compliance online and assists investors by helping them easily follow the financial decisions he's employed to build his own family wealth.