Join our investing community

New Silver, Platnium & Palladium ETFs Coming To the ASX

Discussion in 'Exchange Traded Funds (ETF)' started by Chris C, 16th Dec, 2008.

  1. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
    Posts:
    1,327
    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.
     
  2. dreads

    dreads New Member

    Joined:
    27th Jun, 2008
    Posts:
    4
    Location:
    Pannawonica, WA
  3. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    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.
     
  4. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
    Posts:
    1,327
    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.
     
  5. dreads

    dreads New Member

    Joined:
    27th Jun, 2008
    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.