LONDON, 5 August 2010 ? Top-ranked personal finance site BankRate.com today recommends BullionVault as a low-cost way to own and store physical gold.
Writing in his Q&A series for BankRate ? which now boasts 7 million unique visitors per month ? finance PhD and certified advisor Don Taylor notes the "host of ways to invest in gold and gold-related investments," and warns on paying excessive mark-ups for gold coins, insurance or storage.
"Sites like BullionVault.com say they can provide storage and insurance for less than 0.12%-per year," Taylor explains. "At that rate, it would take over eight years to pay 1% in storage and insurance costs."
You can read BankRate's full comment here.
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