Wednesday, January 11, 2006

Investing in 2006

by Mark Thornton

If you don't feel like reading this short article, I'll sum it up in two words: BUY GOLD.

For those who invested in oil and gold it was a good financial year, with gold stocks up 25% and energy stocks up 40%. In contrast, the major stock indexes did poorly with the S&P 500 up 3%, the NASDAQ Composite up 1.4%, and the Dow Jones Industrial Average down 0.6%.

Here is Mark's system for buying gold. I've heard of other people using this system too. Sounds good to me.

1. Save up some money.
2. Buy some gold mining stocks or precious metal mutual funds.
3. After the stocks or mutual funds appreciate, sell some and use the profits to buy gold coins.

Remember, nobody ever went broke buying gold. And if you can't afford gold, buy silver, the poor man's gold.


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