I got the Quarterly report from my favourite fund manger today and thought I would share an interesting fact. If an investor wants to invest in gold its easier to buy an exchange traded fund (ETF) backed by gold rather than hold a store of actual gold bars. The gold price has peaked and those investors have been running for the exits. ETFs have reportedly sold 600 Tonnes of gold in the last six months! I can read quite a fee implications from this.

Anyone else have any ideas?

I did a talk at a footy club a couple of months ago about income protection and organised sport. One young man came and bought a policy. He broke is leg in the match at the weekend. I am visiting him at home tomorrow (its a little difficult for him to get around!) to fill in the claim forms!!

By Trevor Thompson. 
CFP DipFP
SENIOR PARTNER