Saturday, October 10, 2015

Added SPDR Gold Trust ETF

Well, it's been awhile since I've put anything up here, but that's only because I haven't been doing anything as of late. Last Friday I went ahead and picked up some gold shares, though. It seems all commodities are down massively on a softening in China. Gold has gone from almost $1,800 per ounce in 2011 to some $1,100 per ounce today.

I've always wanted to make Gold about 10% of my portfolio, but I just haven't gotten around to it, and have much preferred to add dividend payers. Nevertheless, nobody is paying attention to Gold anymore, and that's exactly why I think it's time to start quietly picking up the 'insurance policy' that Gold represents.

No comments:

Post a Comment