## How to Invest in Gold with TD Ameritrade
Investing in gold can be a smart way to diversify your portfolio and protect your wealth against inflation. TD Ameritrade offers a variety of ways to invest in gold, including:**
* **Buying physical gold:** You can buy physical gold in the form of coins, bars, or jewelry. However, physical gold can be expensive to store and insure.
* **Buying gold ETFs:** Gold ETFs are exchange-traded funds that track the price of gold. They offer a convenient and affordable way to invest in gold without having to buy physical gold.
* **Buying gold mining stocks:** Gold mining stocks are stocks of companies that mine gold. They offer a way to invest in gold indirectly and potentially benefit from rising gold prices.
### How to Choose the Right Way to Invest in Gold
The best way to invest in gold for you will depend on your individual circumstances and investment goals. If you are looking for a safe and convenient way to invest in gold, gold ETFs may be a good option. If you are willing to take on more risk in exchange for the potential for higher returns, gold mining stocks may be a better choice.
### How to Buy Gold on TD Ameritrade
**To buy gold on TD Ameritrade, you can:**
1. **Open an account:** If you do not already have a TD Ameritrade account, you will need to open one.
2. **Fund your account:** You can fund your account by wire transfer, ACH transfer, or check.
3. **Place an order:** Once your account is funded, you can place an order to buy gold. You can do this online, by phone, or through a financial advisor.
### Fees for Investing in Gold on TD Ameritrade
TD Ameritrade charges a variety of fees for investing in gold. These fees include:**
* **Trading fees:** TD Ameritrade charges a trading fee of $6.95 per trade for online stock trades.
* **ETFs:** TD Ameritrade charges an annual fee of 0.25% of assets for ETFs.
* **Mutual funds:** TD Ameritrade charges an annual fee of 0.50% of assets for mutual funds.
* **Gold mining stocks:** TD Ameritrade charges a trading fee of $6.95 per trade for gold mining stocks.
### Tips for Investing in Gold
**Here are some tips for investing in gold:**
* **Do your research:** Before you invest in gold, it is important to do your research and understand the risks involved.
* **Diversify your portfolio:** Do not put all of your eggs in one basket. Diversify your portfolio by investing in a variety of assets, including gold, stocks, bonds, and real estate.
* **Invest for the long term:** Gold is a volatile asset, and its price can fluctuate significantly in the short term. Invest in gold for the long term to ride out the ups and downs of the market.
### Conclusion
Investing in gold can be a smart way to diversify your portfolio and protect your wealth against inflation. TD Ameritrade offers a variety of ways to invest in gold, so you can choose the option that is right for you.