Commodity ETF
Commodities have been “hot” lately. The past five years or so growth in the United States has come to a halt so it has been tougher to get quality returns from individual companies. It is not going to stay this way forever however.
The US dollar has been in free fall lately. We, as a nation, are in debt up to our eyeballs and then some. Therefore we are printing more and more money each passing day which further dilutes the dollars value.
Since commodities are priced in dollars, the value of commodities have been increasing even if their price has actually stayed the same.
The price of a barrel of crude oil has been steadily rising the past year or so and Gold is at all time highs. If you want to invest in commodities, buying into a commodity ETF could be the best way to go. You will get instant diversification, protecting yourself from one or two “bad apples”. It will also be much easier than buying gold or oil directly. Make sure that the ETF you bu into invests in at least 10 commodities and it has a good track record and you should be good to go.