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Lower Cost ETFs: SPY vs VOO, QQQ vs QQQM, GLD vs GLDM, etc
4-asset portfolio that outperforms the market with less risk
Banks are a melting pot and SAfe heavens are back.
Parent wants to buy gold but his accountant suggest $GLDM.
Anyone invested in a gold or other commodity ETF?
Thoughts on this attempted Dragon Portfolio?
thoughts on my return stacked leveraged ETF portfolios?
Thoughts on my return stacked leveraged portfolios?
thoughts on my return stacked and leveraged portfolios?
Good morning! 🌞 #premarket #watchlist 02/23 $GLDM - reverse split, $TEN- Be Acquired by Apollo Funds, $REVB - no news, $MULN -no news , $IMPP - no news, oil sector, $REGI - no news, $HIMS - earnings... Also check afterhours runners and low float stocks in my app!
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Futures With GLDM, if you hold for under a year, you get taxed at your ordinary income rate. If you hold for over a year, you get taxed at 28% (or your ordinary income rate if that's lower). With futures, you get taxed at 60% long-term capital rate and 40% short-term. You can leverage up to 20x (be very careful about this). And futures are super liquid, about 10x the trading volume of gold ETFs.
GLD also has 4x the expense ratio of GLDM's.
GLD or GLDM are fine, don't overthink it. GLDM is only a 288 mln float. GLD is 363 mln. So GLD is a little more liquid, but probably not enough to really worry about. GLDM is a good option if you can't buy fractional shares.
GLD and GLDM are both 100% backed by physical gold, even kept in the same JP Morgan vault in London. GLDM just has a cheaper share price and much a lower (0.10 vs 0.40) expense ratio. IAUM is another one, with a very-slightly lower expense ratio (0.09) There's no more efficient way to gain exposure to gold than physical gold ETFs like the above. There are more heavily-leveraged ways to do it with gold futures, but if you want to hold for a long time, you'll have to deal with roll costs because gold is usually in contango. The same applies to gold futures ETFs. It might make sense if you're holding them in a taxable account since gold isn't eligible for long term capital gains treatment (instead you pay at the collectible rate: your ordinary income tax rate capped at 28% if long-term, otherwise at the ordinary income tax rate if short-term), while gold futures are always taxed as 60% long-term & 40% short term. But in a tax-advantaged account, physical gold is a better alternative in my view.
Trading - GLD (more liquid) Investing - GLDM (4x lower yearly fees)
Is it worth messing with GLDM? Not quite as impressive value per share as GLD. Been eyeing it though as an easier entry point for pocket change.
I don’t understand why adults give any credence to this word salad and call it economic policy. We have a lot of stupidity in the US I keep placing money in GLDM for that reason.
Nothing wrong with owning some gold, but performing chasing rarely ends well. Check into gold ETFs like GLDM or SGOL instead of only physical. And do not underestimate how much you lose to selling margins when trying to sell physical gold.
I’m in the same boat with Nvidia. It got out of hand but I’m not sad I let it ride this long. This year I started to sell off small bits and pieces even though it didn’t FEEL good, i know it IS good to do. Redirected 75% of those profits to VT, and GLDM (gold). Still sitting on 25% of the Nvidia I have sold this year as cash.
VOO and chill works if your only risk is market volatility, but not if the risk is political or currency instability. VOO = 100% U.S. large caps, so you’re fully tied to the U.S. economy and the dollar. If you actually want political-risk protection, diversification matters: - VOO (40%): U.S. growth core - VXUS (20%): global exposure outside the U.S. - GLDM / IAU (15%) – gold hedge - BIL / SHV (10%) – cash & liquidity - STIP / TIP (10%) – inflation-protected bonds - SCHD / JEPI (5%) – dividend income buffer That mix keeps upside exposure but cushions geopolitical shocks. Not financial advice, just risk management 101.
VT is definitely a solid one ETF solution, globally diversified, 60% US and 40% international, covers nearly 9,000 stocks, and yields around 2%. But for real political-risk protection, it’s still 100% equity exposure. If the goal is to hedge instability, I’d still mix VT with: GLDM or IAU: inflation & crisis hedge BIL or SHV: cash-like stability STIP or TIP: inflation-protected bonds SCHD or JEPI: dividend income & lower volatility So maybe 60% VT + 40% hedges for a balance between growth and protection. Not financial advice, just fundamentals talking.
Are you me? I do almost the same thing. Most of my money in ETFs (VTI, VXUS, VTV, VIG, VGIT) but I swing trade on the side with gold lol but I use GLDM.
Sold all my gold shares today (GLDM) at $80.20. Most of my cost-basis in the $40s. Felt awesome as well. Can't wait to buy back in.
1. I think it greatly depends. Living with your parents with few expenses? Maybe 1-3 months. Are you the only breadwinner in a family of 5? Maybe 1 year at least. 2. I put about 10% of my investments in XHLF for this exact reason in my brokerage. If you do put some aside to 'buy the dip', I suggest you have it in _something_ gaining you interest in the interim. On the other have, nothing wrong with dollar cost averaging into investments you feel confident in. 3. Depends. I have a traditional IRA, a Roth, and a brokerage each with different goals. My Roth is just GLDM, AMZN, and VGT, about equal shares of each. I should add VOO, and probably SCHD, but I don't have much in there ATM. The goal here is just growth with some preservation. My IRA is mostly dividend assets I believe in, including SCHD, though with some growth and preservation in there as well (even a bit of TQQQ for some spice). This will likely be my main source of income in retirement, and I'm really just focused on that. My brokerage is mixed, with individual stocks I believe in (e.g. AEM, AMAT) and high income yielding ETFs that I might lean on in hard economic times (e.g. QQQI). But, this is just me. It's _essential_ you think about what you want out of these products before deciding how to invest. 4. I basically listen to Buffett and instigate stocks he has confidence in to see if they will work for me. 5. Real Estate if you have the money and patience to deal with tenants.
GLDM is the mini Shares and GLD is the main index.
So I’m supposed to buy more GLDM because the stupidity will not stop. Got it.
If you have less than 500k in GLD and don't constantly buy and sell it probably best to use GLDM for the lower fee in my opinion
GLDM is what I use. I also like SGOL.
GLDM for gold, much lower expense than GLD. Gold isn’t going anywhere.
Invest in ETFs that the hold metal like GLD or GLDM. That way you have a liquid way to profit from the metal without the burden of physically carrying it or protecting it while also being able to sell easily.
No, that isn't the different. GLD is a futures fund. GLDM is a gold miners fund. I'm all about GLDM, personally.
IIRC the only difference is no options. So yeah. Buy GLDM if you're just buying shares.
GLDM if buying shares, GLD if buying options, GOLD if you want to actually own something real that can’t be deleted from your account one day because the price went up too much for retail plebs.
Sell the options and buy GLDM shares
GLDM caters more to retail buyers. It has a smaller net expense ratio (0.1 vs 0.4%/year) but doesn't allow options. Other than that they're functionally the same with each GLDM share just representing a smaller amount of gold each GLD unit
Any reason to get GLD over the cheaper GLDM?
I would caution you about miners. Miners generally go up when gold goes up and down when gold goes down but the correlation is not 1:1 and miners are sometimes poorly run or have bad quarterly results unrelated to price of gold. If you want exposure to gold then buy gold. As for ETF vs physical both should track the spot price of gold. Personally I like physical because it has no counterparty risk. Gold isn't that great of an investment but physical gold has an advantage of having no counterparty risk. However if you want a SPOT ETF like GLDM I think that is fine.
It doesn’t really matter as long as this bull run will continue. It’s a good time to be invested. I was a “poor” until Trump crashed the market in April, then I bought the dip with my little savings. It’s been good ever since. You have to go with the flow. Markets down? Buy a boatload of GLD/GLDM.
that’s why they made GLDM for poors to play with
My $400 GLDM is outperforming my $2000 VOO
GLDM is at $82 premarket up from $81.36…
I got in GLDM last month but not sure it will continue to go up or start to plateau. Think it would depend on if SCOTUS overturns tariffs and what the China deal will end up being.
That’s what I’m thinking too. Gold barely budged on the news and went up in AH which gives me hope. I have 250 shares of GLDM
The bot says I should post this here, so going to give it a try: How is cost basis and gain/loss calculated and why does it not make any sense to me? So this has never made sense to me and I've never been able to get an answer that satisfied my curiosity. Sorry if this is a stupid question... So this is a real world situation. I have an old 401K that I rolled into a traditional IRA. That transaction was complete on 1/2 of 2025 so effectively the beginning of the year. It deposited 68,300 into that account. Schwab shows its current balance at 81,500 which is a gain of 13,200. It shows a cost basis of 69000. Schwab somehow calculates this out to a 13.4% gain of $9300. There are no significant dividends being paid and no other contributions. It's been moved around some when I sold all of the SCHG (30% of total) that it was originally put into and moved into GLDM. However nothing has been sold at a loss, all transactions were green. How on EARTH is Schwab coming up with these numbers? Is there some super-secret mumbo-jumbo mojo that brokers use to calculate this? It seems pretty blatantly inaccurate in this case and I've NO idea why an actual gain of 13k is listed as a gain of 9k. I'm sure there's a reason, but for the life of me I can't figure it out.
Physical gold is less optimal unless you are preparing for a global financial collapse that dislocates paper gold prices to physical gold, yet does not also result in a societal collapse and descent into lawlessness where no barter economy is possible. You buy GLD or GLDM
Other way around. Also, it looks like GLDM does have lower expense ratio though!
GLDM is just a smaller version of GLD. Mini size but performs the same but with only .10 expense
What’s the difference between GLD and GLDM?
I started buying GLDM last year when we got Trumpdy Dumpty again. One of my best performing investments and since we probably gonna get a decade of stagflation, I’m not selling!
“For some reason” lol my friend sit back, read, educate yourself, come up with a plan, and stick to it. Personally I’ve been moving towards ~40% total world equities (VT), 15% gold (GLDM), 15% bitcoin, and the rest split between some single plays like NLR (nuclear ETF), RDDT, UNH, and slowly selling down Nvidia I’ve held onto for quite a while
I am working my way towards 50% in VT, 10% in GLDM / physical gold / 10% IBIT, remaining 30% growth / speculative like NLR (nuclear ETF), Reddit, Google, UNH, etc
Unless trading options and need a deep liquid market for that....GLDM is a much cheaper fee version of GLD.
GLD, GLDM, IAU are all gold ETFs.
My advice... Low to no fee S&P 500 like FXAIX or broader market exposure like FZROX. GLD or GLDM for holding value of investments (5-10%). Buy in a routine manner when markets are up or down. Dollar cost averaging. Use an S&P 500 calculator to see what to expect over time. It keeps you focused. Keep 10% of your wealth for rainy day fund. Buy cars you can afford to buy with cash. Pay off your credit card every month (when eligible). Develop a budget and monitor your monthly spending against it. Live within your means. Don't lend friends or family money. Don't share your wealth information with them. Focus on developing marketable skills. Do this for 10+ years to develop good habits and you'll likely be on a path to retire early. Just my 2 cents. I'm not a financial planner or a licensed broker.
Any reason to pick GLD over GLDM?
GLDM is the way to go in times like this. It’s never the wrong answer.
Learn about specific investments and stack dip cash in SPAXX or Gold (GLDM is my fav for ez cheap in and out). Stuff that Roth with 8k every January of fresh stocks you learned about and believe in. Gold. Real estate is a whole nuther world, REITs or physical. Avoid options. Crypto has a huge learning curve, 2 cycles at least and ETH or BTC only. Metal trading will eat you too. ETFs are ez to be an average investor, but who wants average? You make wealth with concentration in great investments. You diversify to hold the profits.
Oh I did not. I've been contributing to nothing but GLDM since POTUS got elected. It has paid well :) .
Personally I am in GLDM (gold) BCI (broad commodities) OXY (high conviction oil bet on my end but I encourage XLE for the same idea) SPUT (uranium) Mitsui Mitsubishi Marubeni 3 of Buffets sogo shosha houses with heavy commodity exposure.
Here are my hypotheticals (10% of my portfolio is GLDM) If inflation runs too hot then a rate shock could knee cap gold. If the market crashes then gold at all time highs likely falls with it despite being a “safe haven” asset. If the gold buy up was driven by a few major central bank actors (think China, Russia) the buy side volume may start to drop at a certain point.
that's actually not true. GLD has outperformed SPY even with dividends re invested in over 20 years. a metal has beat out americas top 500 equities... our economy is only getting worse and it will get worse no matter who gets elected. so physical gold, gold proxies like GLD, GLDM, IAU, IAUM, gold equities (mining, streaming, royalty companies) will always be a great buy. people can deny it all they want.
You have some gold in what form? GLDM and the likes or physical?
This is where I'm at > Warming up to GLDM and VTI >>> Still not sure about Bonds >>>> Keeping an open mind > I don't understand how bonds work still and they have been acting decoupled from their correlation with stocks
Gold has a low correlation to both stocks and bonds, so it wouldn’t hurt at all to buy 5-10% GLDM to reduce overall volatility. You could also put 10% in a small cap value fund since the index funds are by nature heavy in large cap growth. Bonds as you know are your insurance against a poor market, so maybe up your proportion by 10%. But since you’re looking long term and you said it yourself that you’re not into bonds, crypto, or gold, so go all in with VTI from the CDs.
Put some of it in a gold ETF, GLDM.
I bought GLDM, since I expect to be holding this until at least the midterm elections...
VXUS/ex-US seems to be faring well, I thought about GLDM for a min but not at these levels
>For example, I see Gold now at $3,749. It already went up 1.7% per day. It is at pure ATH and it's still going up. >Why on earth are you buying it here? Why on earth is anyone buying it here since it keeps going up? Is it greed, fear&greed, conviction, what? It is called "Fear of Missing Out" permanently. When 1 OZ gold was $2500, I bought GLDM. At that time, many of my friends were telling, gold was high and will not withstand that price. Now, the same 1OZ gold is $3750 or more, now they regret not buying, but some started buying GLDM, GLD and GOLD coins. This is FOMO, I happily got rid of GLDM today, keeping only one share of GLDM.
GLD if you want to sell options. GLDM is the same, but with a lower management fee.
GLDM and RSP (equal weight S&P)
I spent the last seven months getting CDs before the rates went down. I also bought EUAD (up 27%) and GLDM (up 21%).
I go with TLT or VGLT (both monthly dividends) and GLDM.
GLDM. You don’t need physical gold.
How do those differ from their “M” counterparts GLDM and IAUM?
This probably sounds like a noob investing question so please forgive me, but when people talk about buying gold, are they talking about buying \*actual\* gold? Like physical gold bars? Or are we talking about buying gold ETFs? Like GLD, GLDM, IAU?
Agree that GDX is kind of leveraged to gold. The rides up are nice, but the drops can be doozies. Re: GLDM, I'm not so much worried about mark price, but I do have some IAU I've bought when I didn't have enough cash to put into GLD. And GLDM doesn't have options. Double-check for me wouldja the margin requirements for GLD and its options? I'm not seeing ANY buying power improvement at Schwab. Yeah, I bet those ATM Calls have been doing GREAT for you! 45 days *and* ATM? So much leverage. I *always* stick to 80-delta, but on some I've moved in to 100-120 days, and those have been phenomenal. So I can only imagine what the ATM ones have done for you! Have a look it TLT, it's great for the PMCC.
Yeah, I would say GDX is in some ways a leveraged version of GLD since its producers are more impacted by the price of gold in the near term, so it makes sense it had a better run. There’s also GLDM (GLD mini), which tracks the spot price of gold the same way GLD if the mark price is your concern. Appreciate the leverage calculation! And I was talking about buying GLD options and shares on margin, I’m pretty bullish on GLD with the weakening of the dollar and rate cuts coming. Be working out good for me recently just buying 45-60 DTE ATM options on GLD for the last little bit
OUNZ, GLD, GLDM, or buy bullion. You could also consider a miners ETF, such as the GDX.
i know i'm late to this party but don't sell off all your equities BUT, i would 100% buy either GLDM or GDX, lower your US holdings, add some EM and DM exposure coupled with GLDM or GDX and you will be happy you did. 90% of reddit is sleeping at the wheel and think buying any type of gold security or foreign equities is a waste of money.
Ha, well I haven't fully either, just know enough to get by. Basically, there are so many types of portfolio designs. For instance, retirees and Ivy league endowment funds may invest similarly. The point is to hold assets that have low correlation to each other. You can run the asset correlation analyzer on [portfoliovisualizer.com](http://portfoliovisualizer.com), basically just plugging in different funds to see the effect. This approach of investing basically takes advantage of the Shannon's demon effect of volatility harvesting. It's not as profitable long-term as 100% equities, but it's designed so something's always up while others are down. Things like AVUS, DFAX, GLDM, EDV, DBMF, etc.
Half to VT (vanguard total world fund ETF) and half to GLDM (low expense ratio gold etf)
VOO/AVUV/VXUS is how you correctly diversify a portfolio with VOO and AVUV. GLDM is performance and tax drag with a high ER.
I have VOO, VXUS, GLDM, and AVUV I think. GLDM is up 34% I think, of course I don't expect that to last forever but it's crazy to see as a beginner
Check out this book. It was written in 2010 and is backed by academic research. The main point is that leverage when you're young may be appropriate and may actually reduce risk since it provides more diversification across time. # Lifecycle Investing: A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio Ian Ayres and Barry Nalebuff In my experience, nakedly investing in leveraged index ETFs works until it doesn't. That is, you can have tremendous gains, but then give them all back. You need to have some portion of the portfolio that is a hedge and rebalance a couple times a year. Hedges are long treasuries (ZROZ), gold (GLDM) and potentially managed futures (CTA). Play around with different mixes on testfol.io. Really look closely at the 1970s or 2007/8 and consider your total leverage (amount of UPRO or SPUU) in the mix. It isn't going to be hard to run a leveraged portfolio in times like today. But imagine things going down and staying down for five years or longer. That will happen. It's guaranteed over your investing lifespan. Multiple times. Whatever portfolio you run, you need to believe in it strongly enough by doing the work so that you stick with it when the shit hits the fan. Which it will.
I'm a bit older than you are, but still pretty aggressively investing. My portfolio looks like this: 40% QQQ (Invesco QQQ Trust, Nasdaq-100) 20% XAR (SPDR S&P Aerospace & Defense ETF) 15% GLDM (SPDR Gold MiniShares Trust) 15% SMH (VanEck Semiconductor ETF) 10% SPHD (Invesco S&P 500 High Dividend Low Volatility ETF) The GLDM and SPHD are hedges against a big downturn. The rest is pretty self explanatory. The reason I went QQQ vs VOO is that the potential upside outweighs the safety of VOO. This portfolio has returned over 19% for me this year so far. With 400k you could even do 25% QQQ and 15% VOO, but you're young and have 30 years to invest.
You can by GLDM or physical 24 carat gold from Costco. Easier is GLDM. No jewelry or ornament gold, do not buy them.
Genuinely curious, why didn’t you buy GLD/GLDM if you were going for gold?
I also used GLDM and it is a hold for next few years.
just buy GLD, GLDM if poor
just sold my GLDM bag today thats been sitting limp since April, done with that shit 😂
I put a little into IGOV and BWZ which are non currency hedged ex US developed market government bonds. It hasn't really performed well - I think I bought near the top. I'll probably continue holding for a good while - it's mainly for asset preservation. I increased a decent amount of my asset allocation in January/february, about 10% into gold (GLD and IAU). Unfortunately, I'm holding GLD in a taxable brokerage for a long time, the gains are substantial, and I can't swap into GLDM because of taxes.
Yeah. It’s a life-changing amount of money, but it’s not the type of money where you need a wealth manager, or start looking into exotic investments. It’s not enough to warrant significantly changing your spending habits. Mundane investments would be the most appropriate thing for most people in your situation: 1) maintain 6 months worth of your living expenses in “cash.” High interest savings, CDs in rotation, I-bonds, etc. 2) Sounds like you’ve already figured out basic investing. Diversified portfolio of stocks. No reason to change up your primarily index investing strategy. 3) Perhaps 20% bonds at your age. I like Diamond Nest Egg YT channel. Her target audience is retirees/near retirement, but her info on individual bonds is stellar. 4) Maybe do 10% REITs, 5% GLDM/SLV if you want to get wild. 5) Assuming you haven’t been maxing out all tax-deferred savings every year, the best thing about your windfall is you can now do this. Like even if your salary is just $55k/year, you can afford to keep max-contributing to your 401k. 6) Don’t pay off that mortgage early. Bogleheads.org has a wealth of information
I do it through stocks that represent those things but only as a small percentage of the overall portfolio. GLDM + GLTR for Gold and Silver, IBIT for Bitcoin.
Gold is a good hedge in a down market or when dollar performs poorly. Make it part of your portfolio at like 10% maybe. Not sure how much your inheritance is, but maybe divvy the funds like: SPMO /QQQM or QQQI /AVNM /GLDM. My best guidance for you - GL!
In economic downturns GLDM is a good call, energy stocks are also expected to rise so DUK could be a good place to park since they have a lot of nukes (power plants are expected to go the nuclear route over the next 20 years even if AI is a bubble). You could also put it in VOO, but I’d personally put it into a smaller ETF for more exposure to growth (even SPLG could be good, lots of retirement accounts track it, it’s basically a smaller SPY). No one really knows where to put it unless you have a plan, are you looking to start a retirement fund or something to realize in a few years or what? Look into each ETF recommended and see which look the most attractive to your personal opinion.
thank you for this post. ATER (and GLDM) have so far been very good for me.
M versions have low liquidity, thereby not suitable for active trading; but totally fine if you plan to hold for long-term. I personally buy GLDM for the lower expense ratio.
I have two brokerage accounts. One mostly for investing long term and another that’s dedicated to short to medium term savings. In the latter I hold enough cash for my emergency fund and also buy funds in “risk parity” way. I use a portfolio called the “Golden Butterfly” for this medium term savings. The idea is to own several different assets that are all positive (go up in value) but inversely correlated (go up and down at different times) so the value of the assets will be stable. It’s working pretty for me. So in addition to the cash , i buy these funds in the equal proportions and rebalance as i buy: GLDM (gold) 20% SHY (Short Term Treasury bonds) 20% TLT (Long Term Treasury bonds) 20% VOO (S&P 500 stock fund) 20% AVUV (Small cap value stock fund) 20% 20% x 5 = 100%
I wouldn’t call this market currently “volatile” (based on VIX) but I know what you mean that it could change at any time. I’d personally wait a few weeks and see if it dips and then buy some broad market etfs. In the meantime Gold is a pretty safe place to hold it. For example GLD or GLDM. Just my opinion of course.