As an employee, you have many different options when it comes to choosing how you’ll invest your money. You can put it all in stocks, or even one single company. You can also choose to invest in mutual funds. A mutual fund is a type of investment portfolio where individual shares are replaced with a single investment vehicle. This can make it easier to manage your investments and reduce risk. However, mutual funds come with some drawbacks. They have higher fees than stocks and can be difficult to manage if you need to regularly switch between funds. If you’re looking for a low-cost way to invest in gold, a mutual fund is a good place to start. There are many different types of gold mutual funds available, each with their own pros and cons. Here are some of the best gold mutual funds for an IRA or other retirement account.

Vanguard's Physical Gold ETFs and Mutual Funds

The Vanguard Physical Gold ETFs are a great choice for investors who want to invest in gold but don’t want to buy actual bullion bars. The ETFs are fairly low-cost, but they are only available to investors who meet certain eligibility requirements. For example, the Vanguard Physical Gold ETF (VGGLX) is only available to investors who also own a Vanguard IRA or Roth IRA. The Vanguard Physical Gold Mutual Fund (VGUPX) is a slightly more accessible option for people who want to invest in gold but don’t want to go through the hassle of opening and maintaining an IRA. The VGUPX is available to both new and existing Vanguard customers. It is also fairly low-cost, with an annual fee of just 0.25%.

Dodge & Cox Physical Gold ETF

The Dodge & Cox Physical Gold ETF (DODGX) is a good choice for investors who want to invest in gold but don’t want to pay high fees. The DODGX is a bit more expensive than the Vanguard Physical Gold ETFs, but it is also a bit lower risk. The DODGX is focused on gold mining stocks, which means it is a bit more risky than a pure gold fund. However, the DODGX has a much lower correlation with the gold price than the Vanguard ETFs do. This means that if you want to invest in gold but want to reduce your risk, the DODGX is a good choice.

Aberdeen Standard Select Physical Gold Fund

The Standard Select Physical Gold Fund (GPGOLD) is a great choice for investors who want to invest in gold but don’t want to pay high fees. The GPGOLD has a management fee of just 0.25%, which is a bit lower than the Vanguard ETFs. However, the GPGOLD also has a slightly higher risk. The GPGOLD is a bit more risky than the ETFs, but it has more potential to outperform. The GPGOLD is a bit more risky because it invests in gold mining stocks. This means that it may be more volatile than a fund that invests in gold bullion bars.

SPDR Gold Trust

The SPDR Gold Trust (GLD) is a great choice for investors who want to invest in gold but don’t want to pay high fees. The GLD is a bit more expensive than the ETFs, but it also has a lower risk. The GLD is a bit more risky than the ETFs, but it has more potential to outperform. The GLD is more risky because it is a trust fund that is backed by a large amount of gold. This means that the GLD is subject to the whims of the market, and it could be forced to sell off large amounts of gold at any time. The GLD is also a bit more volatile than the ETFs, but it is also a bit more liquid.

Conclusion

Investing in gold can be a great way to diversify your portfolio and reduce your overall risk. However, it can also be a bit more risky than investing in stocks. If you want to invest in gold, a gold mutual fund is a good option. These funds are fairly low-cost and can be a good way to get started investing in gold.