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What are the tips for investing in gold?
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1. Research the current state of the gold market and understand its historical performance.
2. Consider purchasing gold coins or bullion, especially from reputable dealers.
3. Consider investing in gold ETFs and gold stocks.
4. Allocate a small percentage of your portfolio to gold, ranging from 5%-20%.
5. Keep safety and budget in mind when storing your gold.
6. Consider and understand any potential tax implications on gold investments.
7. Monitor your gold investments regularly and make changes if necessary.
8. Have a clear and realistic goal for your gold investments.