I would actually like to have all my gold physically in 1 Oz and 1/2 Oz Maple Leaf. However, as this exceeds my investment amount as a one-off investment, I will create a savings plan on $WGLD (+0,05 %) and sell at 10 shares to buy a coin (+ the surcharge on the spot of course).
This has two advantages for me:
Until then, the money earmarked for gold will participate in the movements of the gold price via the ETC (can of course also go badly if gold falls, but it would if I bought the coin now). Of course, I could also park the money in $XEON (+0,01 %) or as overnight money and go out with a guaranteed plus, but I would like to participate in the price development of gold with a certain percentage of my portfolio.
This also allows me to better maintain the proportion of gold in the overall portfolio that I have set for myself and not have too much or too little gold in the portfolio.
The only negative aspect may be the tax issue: shares that I sell at a profit after holding them for less than a year are subject to capital gains tax. However, this will be cushioned by my exemption order, which is not yet exhausted by dividends.
What do you think of this approach and are you also invested in physical gold in self-custody (bank safe deposit box, safe, own bunker or buried in the garden)?
