One of the attractions of gold and silver is that both can be purchased in a variety of investment forms:

Physical Metals: Unlike stocks and bonds, gold and silver can be acquired as tangible assets, either as bars and coins held as part of a 247 Finance Craft brokerage account or as American Eagle coins held in a retirement account. These metals are stored by a third-party depository rather than by 247 Finance Craft, although investors have the option to take physical delivery if they wish to store the metals themselves.

Exchange-Traded Funds (ETFs): ETFs have become a popular way for investors to gain exposure to gold and silver without the need to handle physical storage. You can purchase shares and hold them in a traditional brokerage account. The fund’s operator manages the costs of storing the physical supply of gold or silver and charges an expense ratio. However, investing in an ETF does not provide investors with access to the underlying metals. Additionally, some precious-metal ETFs are taxed as collectibles and do not benefit from lower long-term capital gains rates.

Mining Stocks and Funds: Some investors find value in owning shares of companies that mine for gold and silver, or in mutual funds that hold a portfolio of these mining companies. This can provide indirect exposure to the Precious Metals market and the potential for additional returns.

Connect with your 247 Finance Craft Financial Advisor to determine how adding gold or silver to your portfolio might help you achieve your long-term financial goals.