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Tag Archives: GLD

January 2005 Issue & Supplement

In this month’s visit, I’ll show you how to make the most of the opportunities, while avoiding the pitfalls. On the stock side of our portfolio, we’re concentrating ever more intently on low-risk names with high dividend yields—the ultimate badge of honor. I’ve got a new pick for you that has tripled its dividend in less than two years. That’s the kind of growth that will let you sing and dance through Wall Street’s periodic anxiety attacks.

A GOLDEN FIZZLE

The long-awaited exchange-traded gold fund made its debut today. Listed on the NYSE, the streetTRACKS Gold Shares (ticker symbol: GLD) represent one-tenth of an ounce of bullion.

NEW GOLD FUND ON TAP

At long last, the SEC is on the verge of approving the launch of a gold-based exchange-traded fund (ETF). I first reported on this path-breaking product almost 16 months ago. It’s an ETF that will own gold bullion, not mining shares.