Better Buy Gold

pop_gun

I brought a gold one ounce sovereign at the beginning of last month and the value of it has increased by over £100.
That's better than any savings account I could lay my hands on.

I think many avoid storage cost by not advertising the fact they own it.

Anyone else investing in physical gold?

gadgetmind

Gold is a useful asset class to hold as part of a balanced portfolio.

You need to look at your gold holdings compared to everything else.

masonic

pop_gun wrote: »

I think many avoid storage cost by not advertising the fact they own it.

:rotfl::rotfl::rotfl:

This thread is a good start if you're going down that road.

markwilkinson

To my mind, physical gold isn't an investment, whilst I do hold it.

Remember what you paid for that Coin? Now go to somewhere like the Bullion By Post website and see what you can sell it for. I doubt you have made £100, in real terms.

Gold, in physical form is a funny thing. I buy it when I have spare funds and nothing else tempts me. I am rather reckless in the sense the price doesn't bother me. I buy it for my beneficiaries - they can decide to sell or keep, won't be my problem!

pop_gun

masonic wrote: »

:rotfl::rotfl::rotfl:

This thread is a good start if you're going down that road.

Think of it like this. I don't know you, you don't know me. That applies to everyone here.

masonic

pop_gun wrote: »

Think of it like this. I don't know you, you don't know me. That applies to everyone here.

I wouldn't advertise the fact I was storing valuables with lax security, even under a pseudonym. No doubt there are clues in your 253 other posts that could allow certain people to identify you.

racing_blue

markwilkinson wrote: »

Gold, in physical form is a funny thing. I buy it when I have spare funds and nothing else tempts me. I am rather reckless in the sense the price doesn't bother me. I buy it for my beneficiaries - they can decide to sell or keep, won't be my problem!

Cool... how exactly do I become one of your beneficiares?

pop_gun

masonic wrote: »

I wouldn't advertise the fact I was storing valuables with lax security, even under a pseudonym. No doubt there are clues in your 253 other posts that could allow certain people to identify you.

I know for certain one person from a previous job knows who I am as I used this account on their computer. And there were only two of us using that computer. But even then he doesn't know where I live as I've moved several times since then.

Security serves one purpose and that's is to keep certain items in my possession. If no one knows where I live then none can be any the wiser. Even if they know my identity.
The company I currently working for, don't even know where I live. :rotfl:

You might say I'm a very private person.

DiggerUK

pop_gun wrote: »

I brought a gold one ounce sovereign at the beginning of last month.......

No you didn't. No such thing as a one ounce sovereign.
..._

C_Mababejive

Did you bring it from the shop on your own and if so,were you worried about felonious activity?

masonic

pop_gun wrote: »

Security serves one purpose and that's is to keep certain items in my possession. If no one knows where I live then none can be any the wiser. Even if they know my identity.
The company I currently working for, don't even know where I live. :rotfl:

Are you for real?