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Selling a piece of gold now?
Comments
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bowlhead99 said:You could put it in an investment fund. You could put it in a savings account for a rainy day. You could buy some garden furniture for a sunny day.
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wrenlegs said:But... if I hang onto it, doesn’t that mean that realistically the value is going to decrease? I may have to wait a long time for it to reach the same value again.
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EdGasketTheSecond said:Gold will more likely go up over the next few years quite substantially imho. It's one of the few stores of value against debased fiat currencies due to massive QE.
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You are off topic; this is a thread about gold.
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2unlimited91 said:bowlhead99 said:You could put it in an investment fund. You could put it in a savings account for a rainy day. You could buy some garden furniture for a sunny day.0
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I find gold a bit of an odd one, we hold a small amount gold mostly in Sovereigns and then I have some jewellery that I rarely wear. One necklace 18kt gold with ruby and diamonds my Husband bought me many years ago for £400, now to get similar from new I'd be looking at £3k but I wouldn't expect to realise this price for it as someone would only pay scrap value, about 3 years ago I could have got circa £700 not that I'm planning on selling.
Make £2023 in 2023 (#36) £3479.30/£2023
Make £2024 in 2024...0 -
Alistair31 said:2unlimited91 said:bowlhead99 said:You could put it in an investment fund. You could put it in a savings account for a rainy day. You could buy some garden furniture for a sunny day.Save £12k in 2025 #33 £2531.77/£5000 (If this carries on I might have to up my target!)
April take lunch to work goal - 3 of 120 -
KeepOnKnitting said:Alistair31 said:2unlimited91 said:bowlhead99 said:You could put it in an investment fund. You could put it in a savings account for a rainy day. You could buy some garden furniture for a sunny day.
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