Saturday, February 13, 2010

Precious Metal Investing

Being a family caregiver, I have come to really appreciate the need to invest in my own future. This is a concern that is made more clear each time one of my siblings makes clear just how little help I will be getting in later years when I am no longer providing care for my dad.

So, to assure that my future has some kind of investment into savings, I have been doing a bit of dabbling in the stock market for a few weeks now. One investment I have been particularly interested in adding to my portfolio is precious metals.

I was not sure that I it would be possible to buy gold bullion in the same way you can buy stock in a company, but I have discovered not only is it possible to invest in precious metals, but there are several different kinds of metals, including platinum and palladium in which investors can invest.

Investments in platinum and palladium have been made possible by the recently launched Securities Physical Platinum Shares (PPLT) and Physical Palladium Shares (PALL), physically backed exchange-traded funds that allow investors to invest in physically backed holdings that are equal to one share equals one tenth of an ounce of metal.

This post was sponsored by USGoldBureau.com

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