1Mon·

50% this year 😍

I bought physical gold as coins 2 years ago $965515 (-1.46%)

Is now one of the top performers in my portfolio :)

Are you invested yourself and what is your opinion?

9 Comments

Dividendenopi👴@Dividendenopi

1Mon

You have physical gold, hide it at home and pass it on, hoping that you will never have to use it. I also bought a position with 5 and 10g bars at around 1800 euros. Yes, expensive because of the small denomination, but it wasn't intended as an investment, just something to have

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Knebel-Horst@DoppelSchlechtMinus

1Mon

thanks to $LBUL 95% TTM... but next year it will probably be double minus again

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Lum0k@Lum0k

1Mon

I've also had 2 gold coins lying around for years, but I don't track them. That's why the perormance doesn't stand out...

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Mangan@Mangan

4Wk

This has become my biggest position. I'm grateful for it and am delighted that it's developing so well.

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Harald@Madhatter5566

2Wk

But you should also know how to exchange them again. After all, the performance is of no use to you if nobody takes them off your hands or you get less from the consortium than it says. Coins in particular are bought at a premium, which is difficult to get back. So the price has to rise considerably for there to be a real return.

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Dom D.@Starter0922

1Wk

@Madhatter5566 You can even resell them online to the well-known stores. The purchase price is also displayed directly on the page. Of course you have fees and have to deduct these from the performance, but if you started 2 years ago or ideally earlier, you can certainly live with it

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Harald@Madhatter5566

1Wk

@Starter0922 I am aware of that. But you won't get your premium back from buying there. So you already have something like a spread.

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Dom D.@Starter0922

1Wk

@Madhatter5566 What exactly do you mean by premium? You have the spread with all investments either when buying or selling or even both. I am also of the opinion that it is not a suitable means of trading in physical form. If you want to trade with it, then most likely in a bonded warehouse. And if it is an investment for eternity, then the spread no longer plays a major role.

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Harald@Madhatter5566

1Wk

@Starter0922 You pay more when you buy than what you get when you sell m
Called premium for gold and silver

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