Gold Bullion Investing Dos & Don'ts

Gold Bullion Investing Mistake #1

Don’t: Invest in gold because your favorite radio personality recommends a particular firm. This is the biggest mistake American gold investors make year after year. This issue alone cost the public hundreds of millions of dollars in 2007 and the problem is becoming more frequent. Sharing a worldview with a celebrity personality is a good thing but overpaying by 20%-30% can leave a very sour taste that could be hard to rinse. After several years of hearing about thousands of viewers and listeners losing 35% of their investment capital right out of the gate, we're convinced that many of these companies don't care about their fans.

Do: Ask any prospective dealer about expensive celebrity endorsements and if you get an affirmation, pack your bags and run for the hills.

Gold Bullion Investing Mistake #2

Don’t: Associate with a high-pressure sales representative, this rarely ever works out in the long run. Remember, this investment professional will need to manage your expectations now and in the future.

Do: Invest with an investment professional that follows your wishes and wants, and takes the time required to assist you in the correct product match.

Gold Bullion Investing Mistake #3

Don’t: Invest more than 30% of your total assets into your precious metals portfolio. In the current economy even the most optimistic among us could lose faith in paper currency. However, a properly positioned gold investment of 20%-30% could hedge your entire investment portfolio.

Do:Put sufficient funds into your precious metals portfolio so that it works as a hedge. If you have a $100,000 portfolio and you put 6% into precious metals investing to offset losses in the remaining 94%, it may not help very much. This is an industry recognized standard only, you alone should determine how much is comfortable and when to purchase any precious metals items.

If American precious metal investors could avoid these three mistakes they would save about $500 million each year.

For more tips on smart gold investments, call our friendly experts at 1-800-300-0715

More Useful Information Related To Your Search.

http://www.gold-investment.info/blog/?p=318
http://www.gold-investment.info/blog/?p=295
http://www.gold-investment.info/blog/?p=232
http://www.gold-investment.info/blog/?p=224
http://www.gold-investment.info/blog/?p=186
http://gold-investment.info/news/Bullion|Bars/
http://gold-investment.info/news/Comex|Bars/
http://gold-investment.info/news/Invest.In.Gold.Bullion/
http://gold-investment.info/news/Gold|Investment/
http://gold-investment.info/news/Gold|Investing/