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Non-Tech : Invest / LTD

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To: Lucretius who wrote (3855)10/7/1998 5:20:00 PM
From: SJS  Read Replies (3) of 14427
 
LT,

A good way to own gold other than stocks are mutual funds. I was considering FSAGX (Fidelity's American Gold Fund). There is a 30 day window from the day you buy it, so that if you want to sell it within that 30 days, you must pay a percentage based exit fee. It's not much (.75%), but it is something.

Can you re-iterate you ST (4-8 weeks) and LT (3-6 months) thinking about gold? Both the same position? Just buy it? I'm trying to decide on if this should be a ST or longer term Core holding.
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