3 Gold Stocks You Don't Have to Babysit
One of the most common precepts in investing is that each investor, regardless of age, should have a mix of conservative and aggressive stocks. Every portfolio should have a little niche carved out for investments that are most likely to withstand the market's whims. And of the usual suspects that can serve this purpose, gold is often recommended as the best choice, providing a hedge against market volatility.
The most conservative approach to gaining exposure to the metal is through a gold ETF. The objective of the SPDR Gold Trust ETF (NYSEMKT: GLD), for example, is to track the price of gold. Instead of holding companies, the gold ETF includes physical gold, and occasionally cash, as its holdings.
Image source: Getty Images.
Source: Fool.com
