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| The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum! |
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#14
06-28-2010, 11:40 PM
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If you are looking at investing in gold, you might consider a company like Newmont Mining Corp. (NEM)
Gold got up almost to the all time high today, before falling $ 30. Mutual Funds......IMO, most Mutual Funds have so much money to invest they have to spread out and buy many different companies. They typically own ~ 1/3 "good" stock, 1/3 average stocks and 1/3 below average stock. With money invested like this, the fund will normally perform about the same as what the stock market does. 
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