Buying Gold as an Investment: What to Watch For
Scott Hefty, Senior Wealth Manager and Founding Partner at Serae Wealth, explained to Kiplinger:
“Gold-backed ETFs can be a way to efficiently create diversification within an overall investment account, allowing you to use gold’s non-correlated nature to bring more balanced returns,” Hefty says. “They typically have much lower ongoing expense and transaction costs compared to their physical counterpart” and “provide the security of large institutional management.”