Tally Money vs The Royal Mint vs Invesco Physical Gold ETC For Investing In Gold

LHW99

Has had four incarnations since founding in 2009, and currently only a single director.

https://find-and-update.company-information.service.gov.uk/company/07089561

MeteredOut

Sovereign_Hunter_999 said:

MeteredOut said:

Sovereign_Hunter_999 said:

iShares SGLN will probably be your best bet for ease and efficiency.

Is there a reason you're searching out almost every thread that mentions gold (mostly very old ones) and adding pretty much the same response to each?

Because multiple new users are asking the same questions, and i'm giving the same advice. Problem?

Because many of the "new users" posts are from over a year ago and where the poster is no longer active. But, you do you.

Giving Financial advice is not recommended on these boards.

dunstonh

MeteredOut said:

Sovereign_Hunter_999 said:

MeteredOut said:

Sovereign_Hunter_999 said:

iShares SGLN will probably be your best bet for ease and efficiency.

Is there a reason you're searching out almost every thread that mentions gold (mostly very old ones) and adding pretty much the same response to each?

Because multiple new users are asking the same questions, and i'm giving the same advice. Problem?

Because many of the "new users" posts are from over a year ago and where the poster is no longer active. But, you do you.

Giving Financial advice is not recommended on these boards.

They have spammed across many threads making over 35 comments that are largely copy and pastes or don't add value (some appear to be deleted now - i think people are pressing the spam button on them)

HHUK

FWIW, shortly after starting this thread and taking into account the comments, I decided to go with the Invesco Physical Gold ETF. Happy to be able report that my holding has increased in value by 130% in that time.

plumb1_2

I am happy to say my holdings in gold  has gone up by 390% and  silver up 598% in the 10 yrs 

Dont know how that equals to equity investment over 10 yrs

HHUK

plumb1_2 said:

I am happy to say my holdings in gold  has gone up by 390% and  silver up 598% in the 10 yrs 

Dont know how that equals to equity investment over 10 yrs

Not sure, but on 25 January 2016 the FTSE100 closed at  5,877  https://www.bbc.co.uk/news/business-35398845   compared to today's 10,138

subjecttocontract

I sold my holding of gold sovereigns in London last week for a massive profit. I decided that the time was right, for me, seeing as the price is at an all time high. 

plumb1_2

subjecttocontract said:

I sold my holding of gold sovereigns in London last week for a massive profit. I decided that the time was right, for me, seeing as the price is at an all time high. 

I sold 9x 1oz brits, 18 months ago for a 120% profit, thought it was a all time high then. Originally bought them as a hedge against a poor preforming endowment mortgage, but in the end didn’t need them to cover the shortfall.

 Bought a new car with the funds from the coins.
So the car only cost me less than 50% plus inflation from  my original coin purchase, quite happy with that outcome then.
Todays prices would have only had to sell 5.

Albermarle

HHUK said:

plumb1_2 said:

I am happy to say my holdings in gold  has gone up by 390% and  silver up 598% in the 10 yrs 

Dont know how that equals to equity investment over 10 yrs

Not sure, but on 25 January 2016 the FTSE100 closed at  5,877  https://www.bbc.co.uk/news/business-35398845   compared to today's 10,138

However the return from the FTSE 100 would be better than that, due to dividends.

S&P 500 is up 235% in 10 years.

plumb1_2

But gold is up 390% over 10 yrs 
But who knows what bullion or the markets will preform in the future .
Diverisity is the key imo