-- Wealth and investment guru Josh Dudick has unveiled his latest investment tips – Chinese stocks and ETFs, and how to invest in gold.
The former Wall Street trader, who now uses his popular blog Top Dollar to help guide people through potential investment opportunities, has revealed his advice on growing a portfolio using gold and taking advantage of China’s huge economic growth.
Josh said: “Chinese stocks and Exchange-Traded Funds (ETFs) are a great way for investors to diversify their portfolio and this is a good time to invest in China. The Chinese economy is set to overtake the US as the biggest economy in the world in the coming years. Many Chinese companies have a big presence in the US and their investment options are better value than similar big US companies. If investors are looking for good long-term stock market investment opportunities, then this is definitely something to consider.
Josh has revealed his top six Chinese stocks to invest in – e-commere company Alibaba, gaming and social media firm Tencent Holdings (the company with the most popular chat app in China), tech company Baidu, e-commerce giant Pinduoduo Holdings (PDD), electric vehicle manufacturer BYD Stock and leading solar manufacturer Canadian Solar Stock.
Exchange-Traded Funds or ETFs are investment funds that can be bought on the stock exchange. Investors then track the underlying assets, which can be stocks, bonds or commodities. Josh has revealed his top six ETFs for long term investors – iShares Morgan Stanley Capital International (MSCI), iShares China Large-Cap (FXI), Xtrackers Harvest CSI 300 China A-Share, KraneShares CSI China Internet ETF, Invesco China Technology ETF, China Consumer ETF, Global X China Clean Energy ETF.
Investing in Gold
Gold has been a popular investment option for centuries as it is stable and with good returns. Josh has written a guide for potential gold investors on his Top Dollar blog.
Josh said: “There are different ways to invest in gold – from buying the physical product to exchange-traded funds (ETFs). Investors have to choose the best option for them. It is important with any investment that you do not put all of your eggs in one basket. Do your research, be patient and invest with a plan.”
Gold jewelry is a low-cost entry point for investors, but the resale value is down to the uniqueness of the piece rather than the gold content, so it is not a popular option for serious gold investors.
Gold bullion is a solid investment and easy for investors to cash out quickly if they need to. Gold ETFs track the price of gold on the stock market and can be a much cheaper way to be involved in a gold investment without owning physical gold. Investors own shares that are traded on the stock market.
Gold mining stocks are shares in companies that mine gold. Gold certificates are a way for investors to have a stake in gold, but without having to physically handle the gold. Gold investors can buy coins directly from the mint. Gold futures are a high-risk investment that commit an investor to buy or sell gold at a set date and price in the future.
Contact Info:
Name: Sam Allcock
Email: Send Email
Organization: Top Dollar Investor
Website: https://topdollarinvestor.com
Release ID: 89096352
Google
RSS