ETF New Silver, Platnium & Palladium ETFs Coming To the ASX

Discussion in 'Shares & Funds' started by Chris C, 16th Dec, 2008.

Join Australia's most dynamic and respected property investment community
  1. Chris C

    Chris C Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    904
    Location:
    Brisbane, QLD
    ETF Securities to sell top metals on ASX

    Should be decent options for diversifying risk in a portfolio. I'm planning to invest in the Silver secrurities when they are available.
     
    Chris C, 16th Dec, 2008
    #1
  2. dreads

    dreads New Member

    Joined:
    1st Jul, 2015
    Posts:
    4
    Location:
    Pannawonica, WA
    dreads, 4th Jan, 2009
    #2
  3. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    1,075
    Location:
    Sydney, NSW
    - Whose CDS are better WA government or McDonalds. Well I'll let you guess

    Personally I'd rather buy shares in Maccas. In bad times people buy fast food :)

    From the ETF and WA Govt, I'd be more trusting in the WA govt as they get paid taxes so they have cashflow forever. Custodians cough Bear Stearns cough Lehman Bros cough HIH cough can disappear...

    Cheers,

    Dan

    PS This is general information and not a recommendation to do anything. Speak to your FPA registered Financial Planner before making an investment decision.
     
    AsxBroker, 4th Jan, 2009
    #3
  4. Chris C

    Chris C Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    904
    Location:
    Brisbane, QLD
    There are definitely some negatives, but in my opinion they don't outweigh the positives when you are a small time investor.
     
    Chris C, 4th Jan, 2009
    #4
  5. dreads

    dreads New Member

    Joined:
    1st Jul, 2015
    Posts:
    4
    Location:
    Pannawonica, WA
    I agree Chris, you would have to be pretty unlucky. I've bought GOLD before, it went well when the AUD tanked.
     
    dreads, 4th Jan, 2009
    #5
Developer Tax Services

Price Accounting provide tax services and advice to developers on issues incl GST, Tax + Structure. Our free developer toolkit covers many of the key elements and is critical to a new development tax plan. Email for your copy and our new client pack.