1Semana·

Gold as a nest egg?

Good or bad decision, what do you think?

I have now decided to invest part of my nest egg in gold (it was actually 80 units = 50+30)

I hope that the momentum in gold will continue and that I will get a higher return than the current 2.75% overnight interest rate. (I am of course aware that this is more risky)

$IGLN (-0,55 %)
$EWG2 (+0 %)

11.02

iShares Physical Gold ETC

Compró 30 a 54,47 €

1634,10 €

10 Comentarios

Banana M.@Banana_Millionaire

1Semana

I did exactly the same thing. However, only the "nest egg" for medium to slightly larger purchases or vacations. The money should definitely not be vital.
I just leave 1k in the account after fixed costs.

However, I have decided on $EWG2.

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Fblthp@TotallyLost

1Semana

I don't think the part is tax-free... so bad 😅
Unless of course you don't plan to keep it for more than 1 year.

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Michael@FireSale

1Semana

@TotallyLost in Austria there is no such thing as tax exemption after one year anyway, as far as I know. Therefore no matter and less TER

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Fblthp@TotallyLost

1Semana

@FireSale ah, I didn't know that, I thought it was like in Germany.
Learned something again.

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Chris@1Chrischi1

1Semana

time is the key

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Chris@Psychedelic_Sunflower

1Semana

Can work, but doesn't have to. Definitely too risky for a nest egg

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Julian@MoneyISnotREAL

1Semana

Principle of the nest egg not understood. A nest egg must generate exactly 0% return - not even inflation compensation.

One question: How large is the "nest egg position" compared to the overall portfolio? The risk is simply unnecessary.

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Michael@FireSale

1Semana

There are ~10k of which I have now invested 4.3 in gold. Depot is ~40k

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Julian@MoneyISnotREAL

1Semana

@FireSale It's just a question of whether you want to take the risk.

You didn't define €10,000 as a nest egg for nothing. There will be a reason for that.

My nest egg will never end up in a custody account. It will remain in the current account without earning interest.

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Thomas@Mintaka

A nest egg is money that I can access immediately or within 2 days. Of course I want it to earn interest. Call money is ideal. The risk is close to zero and it is quickly deposited in my current account. My current account is always empty at the end of the month. Not because I've spent everything, but because all the leftovers go into call money or are invested. The "risk" that I need money immediately, i.e. today, is close to zero. And I would overdraw my current account for one day until the overnight money is there. I've never had to do that for several decades

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