Gold & Silverbeta

December 11, 2012
1,479
1,155

The definitive group for discussing all things related to the precious metals

A resourceful community for those who hold, plan to purchase, or are helplessly infatuated with gold & silver

Latest Group Post

discussion
thomas_pp
By thomas_pp on Fri, Sep 30, 2016 - 10:17am

What is 'least bad': SPDR gold shares or fixed deposit account?

Hi all,

In my country of residence (Singapore) I am allowed to invest 10% of my retirement funds in gold. However, the only option allowed is SPDR Gold Shares (GLD), which has certain risks that most of you are probably aware of. Alternatively my funds will be invested according to the default option, which is a kind of fixed deposit account with the government that is denominated in Singapore Dollars and currently earns about 2.5% interest per year. If invested in the default option, the principal would be 'guaranteed' by the government.

Recent posts