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Out of interest - do you hold Gold?
levdon01
Posts: 8 Forumite
Hi all,
I wondered, as an economist, how many people on here hold physical gold as an investment (I'm not talking about your wedding ring - I am thinking more of ingots/coins). I would be very interested to see the proportion of people that hold Gold vs those who do not.
If you do have Gold investments would you mind stating roughly what percentage of your portfolio it represents? Obviously I am interested in everyone's answer here even if it is a 'no'.
Just for your interest my current Gold holdings are a little high at around 30% of my portfolio. I am looking to sell some Gold to re-balance the portfolio which I shall do in the next few months.
Thank you
I wondered, as an economist, how many people on here hold physical gold as an investment (I'm not talking about your wedding ring - I am thinking more of ingots/coins). I would be very interested to see the proportion of people that hold Gold vs those who do not.
If you do have Gold investments would you mind stating roughly what percentage of your portfolio it represents? Obviously I am interested in everyone's answer here even if it is a 'no'.
Just for your interest my current Gold holdings are a little high at around 30% of my portfolio. I am looking to sell some Gold to re-balance the portfolio which I shall do in the next few months.
Thank you
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Comments
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Probably not very useful as I have only been investing for a few months, but I do not currently hold any Gold and have no plans to.
I would always be open to considering it though.0 -
I don't hold gold and have no intention of ever doing so as I consider it a very poor [STRIKE]investment[/STRIKE] gamble.0
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In 15 years of DIY investing I've never held gold as an investment, and have no plans to do so in future.0
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No.
I don't like investing in unproductive assets.
If I wanted a pure price gamble with little in the way of investment fundamentals behind it, I would go to the casino.0 -
No, and no plans to.0
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I do not hold coins/ingots but do hold 2.5% of my assets in the "physical gold" exchange traded fund (ETF) from iShares, London Stock Exchange ticker, SGLN.
I hold the ETF in a SIPP & ISA and periodically rebalance to keep the weighting at 2.5%.0 -
As per previous replies, no but have held gold miner funds in the past.Remember the saying: if it looks too good to be true it almost certainly is.0
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30% - a "little high"!?
I have no gold at present but eventually hope to make it about 2% of my overall portfolio, mostly just for fun, diversification, and the slim chance of it ballooning in value.: )0 -
Interesting article about whether gold is a sensible investment
http://www.sensibleinvesting.tv/all-that-glistens-acuity-390 -
I have a few grains maybe 10 but just for the novelty. I just like the idea.0
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