I once called a few of these gold sellers on TV to find out how much of a markup/commission was involved. Basically, if you buy $100 worth of gold and then sell it back to the company before the gold price changes, you would get back $92. Personally, I would never buy gold as an investment. But, if I wanted to invest in it, I would buy a mutual fund or ETF that invests in gold, not physical gold. I suggest calling Vanguard or Fidelity and ask their opinion on the best way to invest in gold.
|