Did you know you can invest in gold and diamonds just like you invest in stocks? 💎

A commodity = a physical good that is traded on the market, like oil, gold, and corn 💰

Commodities are bought and sold by traders on special commodities markets 💸

Just like stocks, their prices are determined by supply and demand

However, you can invest in some commodities through commodity ETFs right on Bloom!

🧺 These ETFs track the prices of various commodities.

Here are some common commodity ETFs:

🥇Gold and 🌽 Corn

There are also commodity ETFs that follow companies involved in the industry, like WDIV that tracks diamond mining companies 💎😮

Investing in commodities can be risky because their prices can be affected by things like weather and political events 🌧️

For example, a nationwide drought can ruin the supply of corn 🌽

But, for some investors, the potential rewards of investing in commodities can outweigh the risks 💸

Before investing in commodities, do your research to determine if it's right for your investment goals 🤔

Now you can tell all of your friends that you know how to profit off of gold 📈