How to Invest in Gold

While buying physical gold may sound like a great investment, investing in gold bullion can be a hassle. A more reliable way to get exposure to the precious metal is by purchasing gold securities such as stocks, funds, and options. Gold mining companies list on the major stock exchanges and their shares generally reflect the price movement of the metal. Similarly, gold stocks’ returns depend on the expected earnings of the company. However, futures contracts are highly leveraged and involve risk, so even experienced investors should think twice before taking such a leap.


If you are not able to buy physical gold, you can invest in gold ETFs or cryptocurrencies. These investments are great alternatives to purchasing physical gold because they are fast-moving and have low margin requirements. There are many ETFs out there, and some of the largest ones include SPDR Gold Shares (GLD), iShares Gold Trust (IAU), and the Aberdeen Standard Physical Gold Shares ETF. ETFs are also a good option for beginners because their expense ratio is low. The expense ratios for these types of investments range from 0.1 to 0.17 percent.

Risk Level

As with any investment, choosing the right one requires a careful evaluation of your time and initial capital. The level of risk and reward you’re willing to accept are the most important considerations for your investment decision. For beginners, most gold investment options require little or no active time. However, there are certain gold options that require more due diligence and research up front. Before choosing the gold investment strategy, consider your time and money constraints and the amount of research you’re comfortable with before making the final decision.

Physical Gold

While there are many ways to invest in gold, investing in physical gold is the most popular method. Physical gold can bring higher rates of interest compared to US dollars, and is ideal for those investors who don’t mind receiving gold in return. Investors can hold on to their gold or sell it and reinvest in commodity-linked currencies that use gold as their base currency. The flexibility of this method makes it a popular investment amongst many investors.

Mutual Fund Purchase

One way to invest in physical gold is to purchase it in the form of a precious metal ETF or mutual fund. While investing in gold is always a risky endeavor, most advisors recommend allocating 10% of your total portfolio to gold. This is a great way to diversify your portfolio and earn an income stream in the process. Most investors prefer the safety of buying gold in a mutual fund. But if you are interested in longer-term investment, it can be a good option to invest in gold through an Individual Retirement Account or IRA.

While physical gold investment is the best option for investors, investing in gold ETFs is another option. These funds generally have lower transaction costs compared to investing in physical gold. When you decide to invest in gold ETFs, make sure to research the fees and expenses associated with them. Also, be sure to consult with a certified public accountant to determine whether the fund is suitable for your portfolio. However, gold ETFs offer more diversification than physical gold.

Illiquid Assets

Although physical gold is the most direct way of owning gold, it is not as liquid as other assets and requires careful storage. Physical gold coins or bars also have their risks and require careful management. You can also invest in gold ETFs or mutual funds, or use derivative markets such as futures and options. Another option is to buy gold mining stocks, although the shares do not track the value of gold over time. If you want a faster return, however, foreign exchange trading is the best way.

One of the most common questions asked when investing in gold is “how much should I invest?” The answer will depend on your own situation and circumstances. However, gold is considered a safe investment and is more resistant to market fluctuations than other assets. For this reason, many financial advisors recommend having 5% to 10% of your portfolio in physical gold. In times of financial crisis, this percentage can rise to 15% or more. You should also consider diversifying your portfolio by adding a bit of physical gold into it.

There are several ways to invest in gold, and each offers its own unique advantages and disadvantages. For instance, you can purchase physical gold assets, buy gold ETFs, or invest in gold mining companies. Either way, gold is an excellent investment that can bring you significant rewards. If you’re worried about day-to-day performance, investing in gold is not for you. But, if you can afford the risk, it may be a good option.

How to Choose the Best State Treasurer for Your Nonprofit

If you’re starting a nonprofit organization, you may be wondering how to choose the best treasurer. After all, this job is incredibly important for your organization. It’s your front-line person to the board and other people who might be responsible for forming financial policies. Nonprofit organizations must file a Form 990 annually by the due date. A state treasurer is required to know and follow all applicable laws.

A successful treasurer will develop a system to ensure your organization stays solvent. For example, a high membership renewal rate may mean that you need to make payments for director’s and officers’ insurance, and other anticipated expenses. This position is also responsible for accounting and reporting requirements. An effective treasurer should understand your organization’s financial data and estimate its needs. Here are some guidelines for your nonprofit treasurer. If you’re unsure about the best treasurer for your nonprofit, you should seek legal advice.

Bylaws and Procedures

Once you’ve selected your new treasurer, you should understand your organization’s bylaws and the procedures for managing finances. You’ll need to meet with the outgoing treasurer and obtain previous budget information and financial documentation. Next, create a schedule for your upcoming meetings. A good treasurer should have an electronic calendar that keeps track of important deadlines. It is also vital to follow all procedures and policies that the organization has already established.

Your nonprofit treasurer should have the necessary skills to successfully oversee the organization’s finances. Typically, a nonprofit treasurer’s duties are defined in the organization’s bylaws. Treasurers must be well-versed in accounting and financial matters and have the knowledge to understand the tax implications and future opportunities. In addition, he or she must have a track record of ensuring that all funds go toward their designated purpose.

You’re Treasurer for a Non-profit? Now You’re a CFO!

In addition to these skills, the state treasurer should have some knowledge of nonprofits. California state law requires nonprofits to have a Chief Financial Officer (CFO), which is considered the treasurer’s primary role. While you may not need a CFO, it’s best to look for someone who has some accounting experience and can communicate these in layman’s terms. In addition to being a good financial manager, a treasurer should also have integrity.

In addition to the above-mentioned duties, your nonprofit treasurer should also obtain a Federal Employer Identification Number (FEIN) from the IRS. Banks will also require you to prove your nonprofit status. Your nonprofit treasurer should also provide a copy of the state treasurer’s Form ST-5, which qualifies your organization to be exempt from collecting sales tax on qualified purchases. The nonprofit treasurer should also be in charge of preparing the treasurer’s report for board meetings.

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