New to investing / Coins in UK - How does my plan look?

[goldbugtom]

Hi all,

This looks like a great forum to be a part of!

 

I'm fairly new to investing and researching gold / silver however I have been totally fascinated by the entire financial system for around 6 months now. Upon learning that gold is inherently money - anything else is simply a promise (FIAT currency) and enjoy listening to Mike Maloney, Ray Dalio, Robert Kiyosaki etc.

 

I am increasingly bullish on Gold and believe that with all the QE and currency printing going on, FIAT currencies will be in for a rocky road..

 

Anyway, as a hedge bet to that - I'd like to own some Gold / Silver and accumulate it over time with the aim of holding it long term.

 

This is my current thinking, so please feel free to correct me if you would do anything differently.

 

Gold

 

Buy some Sovereigns (CGT free) of varying years, including some 2012 when on offer. Basically my idea is to stack and hold. Only tiny amounts to start with.

 

Silver

 

Britannias (Whenever I can find them in stock..!) or 1oz Coins e.g. Gold Eagles. (Though I'm not sure if these are CGT exempt? Not that it's an issue for me at present.)

 

One of the main places I've looked at using is Chards, they seem to offer very competitive prices.

 

Many thanks to everyone for any advice in advance. Let me know if you would do anything differently or something I've missed? Cheers.

[Jimmock]

Welcome to the forum,the only advice I'll give is to encourage you to get a paid membership on here,as you'll get to see the deals as soon as their listed,and it's very rare that you'll find gold/silver cheaper elsewhere. 😁

[FiveStacks]

Welcome mate! For silvers I'd recommend coininvest.com - I've just made a bulk purchase from there myself, they have Britannia's in stock.

Also consider a premium membership within the forum, there's a wealth of information and you'll get early dibs on the listed sales!

Best of luck.

FiveStacks

[AgOx]

Welcome 😀

[trp]

Hello and welcome to TSF!  

[CadmiumGreen]

Welcome aboard The Silver Forum!

[Agpanda]

Hi and welcome from Sweden

[ChrisSilver]

Hello and welcome to The Silver Forum  

[GrahamDiamond]

Welcome to the Silver Forum Coinster