Best way to invest in gold? I would like to invest about 5% of my portfolio but can’t figure out the best ways and advantages/disadvantages.

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GLD

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Invest in digital gold - Bitcoin! Best way is to buy on an exchange like Gemini and then transfer to a hardware wallet. If you prefer a retirement account buy GBTC, it’s not a perfect vehicle for btc but does track price fairly well.

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A1 - great question! There are some other very cool blockchain technologies. IMO, Bitcoin is still the best choice for most people due to wide adoption and development support. You can check the code repo and see just how many smart people are contributing to the project. Way more involvement than most other coins. Also, Bitcoin has proven it can handle real-world scenarios and has adapted over the past decade.

Personally, its what I feel most comfortable holding over the next 10 to 20 years. Drops don’t tempt me to sell. That’s important to me. I can’t say the same for most alt coins. You may well pick the right coin out of hundreds that follows a path like Amazon. Most others will go the way of Pets dot com and fail even if they produce good tech.

Apmex.com

I’ve read that gold gets taxes higher than capital gains and short term. So it is recommended to put in retirement because of this

JNUG

It does decay. But I’m not worried. Bought it at $4.

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