Join us FREE, we're FREE to use
Web's largest swingers site since 2006.
Already registered?
Login here
Back to forum list |
Back to Politics |
Jump to newest |
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
Reply privately | Reply in forum | Reply +quote |
"Where you going to store it?. " still looking into all of above as a consideration if stored at home it would be in gun safe which is very secure If stored via Royal Mint or Gold Bullion they charge a fee of around £300 per year for a 1kg bar was hoping price of gold would drop drastically prior to purchase | |||
Reply privately | Reply in forum | Reply +quote |
"Where you going to store it?. still looking into all of above as a consideration if stored at home it would be in gun safe which is very secure If stored via Royal Mint or Gold Bullion they charge a fee of around £300 per year for a 1kg bar was hoping price of gold would drop drastically prior to purchase" If you are looking for a stable investment, then you wouldn't be looking at any commodity that would drop drastically. | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise " remember it can be used as part of pension portfolio with 45% tax benefits as for storing at home, no decision made, this is just a consideration, was hoping someone would already be investing with knowledge I have full premium bond holding and have average returns of between £100 & £200 per month kind of interested in gold as part of pension, guess a financial advisor is way to go | |||
Reply privately | Reply in forum | Reply +quote |
"Where you going to store it?. still looking into all of above as a consideration if stored at home it would be in gun safe which is very secure If stored via Royal Mint or Gold Bullion they charge a fee of around £300 per year for a 1kg bar was hoping price of gold would drop drastically prior to purchase If you are looking for a stable investment, then you wouldn't be looking at any commodity that would drop drastically. " yes I see your point, except on initial purchase, if only I had a crystal ball | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise " How about a good old safe? | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise How about a good old safe? " Todays Gun Cabinets are more secure than good ol safes, and police checked for security | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise " Why is it possibly unwise to store in a gun cabinet? Do you think the gold will work up a blood lust and go on a shooting spree? | |||
Reply privately | Reply in forum | Reply +quote |
"has anyone on the forum bought gold as an investment? has anyone dealt with Bullion by post / The Royal Mint Bullion etc would anyone consider the purchase of 1kg gold bar as an investment, being aware that prices can go down as much as up Gordon Brown taught us that lesson. In all seriousness I am considering a purchase, can anyone advise the pro's and cons? this would be long term and its cash that's just in a bank account doing nothing, I can take a hit with it if some have advise on the pro's & Con's of investing in gold, I would love to hear" I looked into this 2 years ago. I asked how much to buy gold, then asked how much to sell it back. It's a rip off I'm afraid. It costs a lot more to buy than you get back by selling | |||
Reply privately | Reply in forum | Reply +quote |
"has anyone on the forum bought gold as an investment? has anyone dealt with Bullion by post / The Royal Mint Bullion etc would anyone consider the purchase of 1kg gold bar as an investment, being aware that prices can go down as much as up Gordon Brown taught us that lesson. In all seriousness I am considering a purchase, can anyone advise the pro's and cons? this would be long term and its cash that's just in a bank account doing nothing, I can take a hit with it if some have advise on the pro's & Con's of investing in gold, I would love to hear I looked into this 2 years ago. I asked how much to buy gold, then asked how much to sell it back. It's a rip off I'm afraid. It costs a lot more to buy than you get back by selling" no different from purchasing currency, of which you have to take these rates into account remember there are good tax incentives which should well take care of buy/sell exchange rates | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise How about a good old safe? Todays Gun Cabinets are more secure than good ol safes, and police checked for security" You can also melt it down and make model eiffel tower paper weights and paint em grey, like in tbe film 'the lavender hill mob' | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise How about a good old safe? Todays Gun Cabinets are more secure than good ol safes, and police checked for security You can also melt it down and make model eiffel tower paper weights and paint em grey, like in tbe film 'the lavender hill mob' " yes, you can, but then you would loose your unique serial number and the manufacturer logo, which in turn I suspect would devalue | |||
Reply privately | Reply in forum | Reply +quote |
"I’m not sure how good bars compare, but I believe that gold sovereign coins are exempt from capital gains tax. Not sure how that compares to being able to invest them as a SIPP. The only interaction I’ve had with gold is buying gold-backed cryptocurrency tokens. Was mainly just for fun. Although I do like the idea of cashing out some of my cryptocurrency investments in gold just for the fun of actual gold bars turning up on the doorstep. -Matt" Royal Mint Bullion & Bullion by post give info on 45% tax saving if part of your pension portfolio use google and it gives you the info | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise How about a good old safe? Todays Gun Cabinets are more secure than good ol safes, and police checked for security You can also melt it down and make model eiffel tower paper weights and paint em grey, like in tbe film 'the lavender hill mob' yes, you can, but then you would loose your unique serial number and the manufacturer logo, which in turn I suspect would devalue " Tjey always spoil the fun | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise Why is it possibly unwise to store in a gun cabinet? Do you think the gold will work up a blood lust and go on a shooting spree? " . No I think robbers breaking in to steal valuable weapons will be pleasantly surprised for the extra windfall of a kg of gold. Being an avid shooter like Ray is I'm pretty sure there's lots of bad guys would like to rob his house and as he's away alot there'd have ample opportunity | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise Why is it possibly unwise to store in a gun cabinet? Do you think the gold will work up a blood lust and go on a shooting spree? . No I think robbers breaking in to steal valuable weapons will be pleasantly surprised for the extra windfall of a kg of gold. Being an avid shooter like Ray is I'm pretty sure there's lots of bad guys would like to rob his house and as he's away alot there'd have ample opportunity" All security does is buy you time. Having 2 safes to break into takes longer, but if you are saying they would have ample time whilst he is away then it makes no odds. Being an avid shooter, you would be aware that guns and ammunition can't be kept together, so he will either already have 2 safes, or will have another additional locked compartment inside his gun cabinet. If they are breaking in just for the guns, they might leave the ammo, and not find the gold. | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise How about a good old safe? Todays Gun Cabinets are more secure than good ol safes, and police checked for security You can also melt it down and make model eiffel tower paper weights and paint em grey, like in tbe film 'the lavender hill mob' " Or store it in a biscuit tin and bury it in the garden....worked for the Crown Jewels in WW2 apparently. | |||
Reply privately | Reply in forum | Reply +quote |
"Storing with a bank slightly negates the point of having your assets in gold don't you think? Storing at home? Hmmm possible but I think a gun cabinet is unwise Why is it possibly unwise to store in a gun cabinet? Do you think the gold will work up a blood lust and go on a shooting spree? . No I think robbers breaking in to steal valuable weapons will be pleasantly surprised for the extra windfall of a kg of gold. Being an avid shooter like Ray is I'm pretty sure there's lots of bad guys would like to rob his house and as he's away alot there'd have ample opportunity All security does is buy you time. Having 2 safes to break into takes longer, but if you are saying they would have ample time whilst he is away then it makes no odds. Being an avid shooter, you would be aware that guns and ammunition can't be kept together, so he will either already have 2 safes, or will have another additional locked compartment inside his gun cabinet. If they are breaking in just for the guns, they might leave the ammo, and not find the gold. " . I can get into a gun cabinet in about 2 minutes, I know I've done it ?? | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"has anyone on the forum bought gold as an investment? has anyone dealt with Bullion by post / The Royal Mint Bullion etc would anyone consider the purchase of 1kg gold bar as an investment, being aware that prices can go down as much as up Gordon Brown taught us that lesson. In all seriousness I am considering a purchase, can anyone advise the pro's and cons? this would be long term and its cash that's just in a bank account doing nothing, I can take a hit with it if some have advise on the pro's & Con's of investing in gold, I would love to hear" Direct answer to a direct question? Exchange Traded Fund (ETF) simply tracks the gold price. Usually very low fees and can be part of your tax free ISA allowance. No storage costs or security concerns. | |||
Reply privately | Reply in forum | Reply +quote |
"has anyone on the forum bought gold as an investment? has anyone dealt with Bullion by post / The Royal Mint Bullion etc would anyone consider the purchase of 1kg gold bar as an investment, being aware that prices can go down as much as up Gordon Brown taught us that lesson. In all seriousness I am considering a purchase, can anyone advise the pro's and cons? this would be long term and its cash that's just in a bank account doing nothing, I can take a hit with it if some have advise on the pro's & Con's of investing in gold, I would love to hear Direct answer to a direct question? Exchange Traded Fund (ETF) simply tracks the gold price. Usually very low fees and can be part of your tax free ISA allowance. No storage costs or security concerns." If stored via Royal Mint or Gold Bullion they charge a fee of around £300 per year for a 1kg bar | |||
Reply privately | Reply in forum | Reply +quote |
"has anyone on the forum bought gold as an investment? has anyone dealt with Bullion by post / The Royal Mint Bullion etc would anyone consider the purchase of 1kg gold bar as an investment, being aware that prices can go down as much as up Gordon Brown taught us that lesson. In all seriousness I am considering a purchase, can anyone advise the pro's and cons? this would be long term and its cash that's just in a bank account doing nothing, I can take a hit with it if some have advise on the pro's & Con's of investing in gold, I would love to hear Direct answer to a direct question? Exchange Traded Fund (ETF) simply tracks the gold price. Usually very low fees and can be part of your tax free ISA allowance. No storage costs or security concerns. If stored via Royal Mint or Gold Bullion they charge a fee of around £300 per year for a 1kg bar" The expense ratio of an ETF is typically 0.4%. Current market price of gold £30000/kg so £121 per annum. Up to you. | |||
Reply privately | Reply in forum | Reply +quote |
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
"Make it into a big chain and wear it around ya neck like some twats do x" no jewellery is only worth its weight in gold | |||
Reply privately | Reply in forum | Reply +quote |
"I’m not sure how good bars compare, but I believe that gold sovereign coins are exempt from capital gains tax. Not sure how that compares to being able to invest them as a SIPP. The only interaction I’ve had with gold is buying gold-backed cryptocurrency tokens. Was mainly just for fun. Although I do like the idea of cashing out some of my cryptocurrency investments in gold just for the fun of actual gold bars turning up on the doorstep. -Matt Royal Mint Bullion & Bullion by post give info on 45% tax saving if part of your pension portfolio use google and it gives you the info" You earn enough to pay 45 percent tax is that what you're trying to tell us all ? A balanced sipp should ideally contain all asset classes And the tax advantages range from 20 to 45 depending upon earnings | |||
Reply privately | Reply in forum | Reply +quote |
"I bought silver a few years back. Sold it all when the price went up a bit. Still, most people are holding out for another 2012 crash which sends precious metals through the roof. I used to buy 10oz at a time usually. If you’re buying 1kg or gold that almost 31 grand plus whatever the seller adds on. A general rule most stackers follow is spread the investment over a few small purchases, four 250g bars for example. At least then if you need to sell for any reason you don’t have to sell it all. There’s also more people who would buy 250g off you privately than 1kg. Personally I think gold needs to drop back to £750-£800 per oz or £24k-ish per kg before I’d look at buying it. " Looking at the equity markets today I think you are going have a long wait. When equities fall gold always goes up. Currently trading at $1,332 which is pretty much flat for the day but as the footsie fell sharply this morning it peaked at $1,343. I think that the pressure on equities will be downward for the next few months and I expect gold, as the traditional safe haven, to increase. | |||
Reply privately | Reply in forum | Reply +quote |
| |||
Reply privately | Reply in forum | Reply +quote |
Reply privately | Reply in forum | Reply +quote |
Post new Message to Thread |
back to top |