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Reputation Activity
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ABW246 got a reaction from monkey in Tempt me!
@AppleZippoandMetronome That's really interesting, and something I've not heard mentioned (as I say I'm new to it all). I would have to do some research. I have just noticed the opposite, a 1/10 once coin on a dealers page far cheaper than the equivalent Britannia, because apparently it's not a popular coin. So you must be correct about popular coins to collect.
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ABW246 reacted to AppleZippoandMetronome in Tempt me!
It might be worth looking at some of the more "collectable" stuff with the high gold price if you're considering more purchases right now. The gold price suddenly rising tends to shrink the premiums for a time until the price stabilizes and they catch back up. Should be able to find some proofs, special sovs and other items that generally carry a higher premium for what will be an attractive price once those premiums catch up.
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ABW246 got a reaction from AppleZippoandMetronome in Tempt me!
Hi, I started stacking in the UK 10 days ago. I had a lump sum I wanted to invest for a 10 yr period , and now I will add a piece to my stack every 3 or 4 months. When I write I always write as newbie searching for knowledge gained by the more experienced. So here is my question. I am looking at an investment vehicle and not to "collect". I know I've entered at a peak price in gold, but it is for 10 yrs! So I've tried to diverse my gold but keeping to the best value I can find. My stack contains Britannia's, Sovereigns and a 1oz bar. I haven't been tempted by fractionals or other coins from other countries. Am I missing out? I do like some of the other designs. Can you tempt me into buying coins from different countries, or maybe even fractionals, remember my main goal is a long term investment.
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ABW246 got a reaction from monkey in Tempt me!
Hi, I started stacking in the UK 10 days ago. I had a lump sum I wanted to invest for a 10 yr period , and now I will add a piece to my stack every 3 or 4 months. When I write I always write as newbie searching for knowledge gained by the more experienced. So here is my question. I am looking at an investment vehicle and not to "collect". I know I've entered at a peak price in gold, but it is for 10 yrs! So I've tried to diverse my gold but keeping to the best value I can find. My stack contains Britannia's, Sovereigns and a 1oz bar. I haven't been tempted by fractionals or other coins from other countries. Am I missing out? I do like some of the other designs. Can you tempt me into buying coins from different countries, or maybe even fractionals, remember my main goal is a long term investment.
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ABW246 got a reaction from ArgentSmith in Tempt me!
@HonestMoneyGoldSilver I had it pointed out to me that I could get a 30 day membership for a £1, how could I resist, but as you know there is a good reason to have it. Best of luck with your stacking.
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ABW246 reacted to HonestMoneyGoldSilver in Tempt me!
The pretty pictures do it for me
Some of the world gold and historical items can speak to your inner soul and thus are more important than money. The thing with world gold is if it's not CGT-exempt then the premiums on those items have to rise 20% faster than the premiums on CGT-exempt gold (like Britannias, sovereigns, QBs, anything with a face value like £10, £100, etc) to justify their purchase if you are planning on holding for 10 years +
For investments you're doing the right thing - buy CGT-exempt products in the UK and give 2 fingers to HMRC
Your timescale might need to be revised though. It's probably better to buy weekly, fortnightly or monthly than every 3 or 4 months. The more frequently you buy the more it smooths out the peaks and troughs in metal prices (DCA - Dollar Cost Averaging).
It's worth paying attention to seasonality. Metal prices traditionally are cheaper in the summer months (June-early September) than they are the rest of the year. Interest rates and geopolitics can also have heavy influence on metal prices so perhaps the best time to buy in the near future is this summer before the Fed/BoE cut interest rates and before WWIII kicks off, ideally
(Not investment advice, please assimilate as many separate and independent sources as you possibly can and come to your own conclusions)
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ABW246 got a reaction from HonestMoneyGoldSilver in Tempt me!
Hi, I started stacking in the UK 10 days ago. I had a lump sum I wanted to invest for a 10 yr period , and now I will add a piece to my stack every 3 or 4 months. When I write I always write as newbie searching for knowledge gained by the more experienced. So here is my question. I am looking at an investment vehicle and not to "collect". I know I've entered at a peak price in gold, but it is for 10 yrs! So I've tried to diverse my gold but keeping to the best value I can find. My stack contains Britannia's, Sovereigns and a 1oz bar. I haven't been tempted by fractionals or other coins from other countries. Am I missing out? I do like some of the other designs. Can you tempt me into buying coins from different countries, or maybe even fractionals, remember my main goal is a long term investment.
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ABW246 reacted to Dalriada83 in Hello
Hail Fellow and Well Met! TSF is Precious Metal central for a wealth of knowledge and the best deals this side of the crypt. Have a hoot!
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ABW246 got a reaction from ArgentSmith in Hello
It was a modest 2 Sovereigns. I know the price of gold is on a high but I've made several purchases this week, as I had a set amount I wanted to invest. I'm now just going to make a modest investment once every 4 or 5 weeks. Well that's the plan!
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ABW246 got a reaction from ArgentSmith in Hello
Hi everyone! I'm a newbie just introducing myself. I started stacking in the UK 8 days ago and joined here a day ago. I've already got my first purchase on here under my belt. So onwards and upwards, ABW246
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ABW246 got a reaction from HonestMoneyGoldSilver in Hello
Hi everyone! I'm a newbie just introducing myself. I started stacking in the UK 8 days ago and joined here a day ago. I've already got my first purchase on here under my belt. So onwards and upwards, ABW246
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