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LyraParticipant
“Would anyone be interested in bombing them with lowball offers? If so please email me at [email protected]”
Is it just me, or is there something rather ironic about this?
Lyra
LyraParticipant“Would anyone be interested in bombing them with lowball offers? If so please email me at [email protected]”
Is it just me, or is there something rather ironic about this?
Lyra
LyraParticipant“Would anyone be interested in bombing them with lowball offers? If so please email me at [email protected]”
Is it just me, or is there something rather ironic about this?
Lyra
LyraParticipant“Would anyone be interested in bombing them with lowball offers? If so please email me at [email protected]”
Is it just me, or is there something rather ironic about this?
Lyra
LyraParticipantI’m not sure I would call the fees on GLD “very high.” At an expense ratio of 40 bps, it certainly beats a lot of mutual funds. On the other hand, all the managers have to do is buy bullion and sit on it — not bad work, if you can get it 😉
However, it’s my understanding that gold-holding funds such as GLD do *not* benefit from the lower long-term capital gains rates. Something about the Gubmint considering bullion as “collectible” or somesuch nonsense. Anyhow, you might want to consult a tax accountant about buying GLD over the long haul. An IRA might be a good place to buy it.
Lyra
LyraParticipantI’m not sure I would call the fees on GLD “very high.” At an expense ratio of 40 bps, it certainly beats a lot of mutual funds. On the other hand, all the managers have to do is buy bullion and sit on it — not bad work, if you can get it 😉
However, it’s my understanding that gold-holding funds such as GLD do *not* benefit from the lower long-term capital gains rates. Something about the Gubmint considering bullion as “collectible” or somesuch nonsense. Anyhow, you might want to consult a tax accountant about buying GLD over the long haul. An IRA might be a good place to buy it.
Lyra
LyraParticipantI’m not sure I would call the fees on GLD “very high.” At an expense ratio of 40 bps, it certainly beats a lot of mutual funds. On the other hand, all the managers have to do is buy bullion and sit on it — not bad work, if you can get it 😉
However, it’s my understanding that gold-holding funds such as GLD do *not* benefit from the lower long-term capital gains rates. Something about the Gubmint considering bullion as “collectible” or somesuch nonsense. Anyhow, you might want to consult a tax accountant about buying GLD over the long haul. An IRA might be a good place to buy it.
Lyra
LyraParticipantI’m not sure I would call the fees on GLD “very high.” At an expense ratio of 40 bps, it certainly beats a lot of mutual funds. On the other hand, all the managers have to do is buy bullion and sit on it — not bad work, if you can get it 😉
However, it’s my understanding that gold-holding funds such as GLD do *not* benefit from the lower long-term capital gains rates. Something about the Gubmint considering bullion as “collectible” or somesuch nonsense. Anyhow, you might want to consult a tax accountant about buying GLD over the long haul. An IRA might be a good place to buy it.
Lyra
LyraParticipantI’m not sure I would call the fees on GLD “very high.” At an expense ratio of 40 bps, it certainly beats a lot of mutual funds. On the other hand, all the managers have to do is buy bullion and sit on it — not bad work, if you can get it 😉
However, it’s my understanding that gold-holding funds such as GLD do *not* benefit from the lower long-term capital gains rates. Something about the Gubmint considering bullion as “collectible” or somesuch nonsense. Anyhow, you might want to consult a tax accountant about buying GLD over the long haul. An IRA might be a good place to buy it.
Lyra
LyraParticipantOh, and congratulations for getting to Godwin’s Law on only the fourth post…
http://en.wikipedia.org/wiki/Godwin’s_law
Lyra
LyraParticipantOh, and congratulations for getting to Godwin’s Law on only the fourth post…
http://en.wikipedia.org/wiki/Godwin’s_law
Lyra
LyraParticipantOh, and congratulations for getting to Godwin’s Law on only the fourth post…
http://en.wikipedia.org/wiki/Godwin’s_law
Lyra
LyraParticipantOh, and congratulations for getting to Godwin’s Law on only the fourth post…
http://en.wikipedia.org/wiki/Godwin’s_law
Lyra
LyraParticipantOh, and congratulations for getting to Godwin’s Law on only the fourth post…
http://en.wikipedia.org/wiki/Godwin’s_law
Lyra
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