Gold

Time for presents - birthdays, Christmas etc. - but no junk, please!

Hello dear Quinies,

on this occasion, I'm writing a short post today away from what's still in the pipeline from my side.

Our big boy turned 3 on Monday and grandma and grandpa traditionally give him physical precious metals $965515 (+1,75 %)
$965310 (+1,68 %) ... so far so good.

From grandpa's side, everything is also clear on the subject so far, there is either investment gold in small denominations or silver in whole ounces (of course always bought far too expensively in collection albums from MDM, Bayerisches Münzkontor etc.🙄). Not my money so what🤷🏼‍♂️.

Problem: Grandma unfortunately only buys according to the look of the collections, not really with a plan for precious metals... which means we get something like this here:

The motifs are of course pretty to look at, but what are you supposed to do with 6 x 9.2g 333/1000 silver anfangen🤦🏼‍♂️. That's about 18.38g of fine silver... a good half ounce. To be honest, I don't even want to know the price...

So what do I do?

Whenever one of these (exclusively pretty scrapbooks) arrives, I have to take photos, post them on eBay, sell them to someone for a halfway ridiculous price (since there's almost no precious metal in them) and send them off.

Why?

Because it's no good as an investment, I don't want to have to store 30 more of these albums somewhere halfway safe and because I think that the money I get from the sale is better off in Junior's ETF savings plan.

What am I trying to tell you?

If you want to give physical precious metal (gold, silver, platinum, whatever) as a gift, please, please pay attention to investment-Qualität🙏🏻 (purity 999.9 for gold/silver or 999.5 for platinum).

It is better to buy supposedly "smaller gifts" (a 1g gold bar in 999/1000 is really tiny😅) that have a real value and retain their value. With small gift bars and small bullion coin denominations, you are effectively still paying a lot more than the pure gold value, but you are giving a sensible gift! Nevertheless, you should not buy bullion coins in denominations smaller than 1/20 ounce, after that the price premiums become more than absurd and it doesn't look great either😉.

With this in mind, happy giving and receiving (the madness is about to start again).

Greetings, Marcus✌🏻

Hi guys do you know where to get into either $965515 (+1,75 %) or $4GLD (+2 %) and where you can have the gold sent to you at some point once you have bought a certain amount? Bitpanda stores the gold physically but probably doesn't send it. Thank you 😃 A savings plan would be great, I don't have the capital to buy a gold bar directly and the seller always charges high fees.

@Epi here we go😉

Brief introduction: I was very undecided about my strategy for a relatively long time and have rethought it back and forth several times and have now finally set up my portfolio (in its current form only this year) with a strategy that lets me sleep peacefully and that I hope will lead to a successful future stock market life. My strategy is also designed so that I have to worry as little as possible about rebalancing and actively do not have to worry about it. The aim of the portfolio is long-term wealth accumulation (10 years+).

About me: 34 years old, married, now 2 children, live in rented accommodation, work in middle management at a private bank in Hamburg, savings rate €1,000 per month, sufficient nest egg available and not tracked here

Strategy: I recently made a final decision in favor of an ETF as the core of my portfolio. The choice fell on the $SPYI (+1,06 %) as it tracks large, mid and small caps from industrialized and emerging markets. The ETF should make up 60% of my portfolio in the target allocation. I invest €600 a month in the ETF from my savings installment.

In addition to the ETF, I hold and save monthly $BTC (-1,44 %) (physical and ETP $WBIT (+2,47 %)) and $WGLD (+1,99 %) (also gold physically $965515 (+1,75 %) ) with €200 each. The target allocation for both BTC and gold is 20% each.

I have opted for $WGLD (+1,99 %) because $EWG2 (+0 %) is unfortunately not eligible for a savings plan at ING and $WGLD (+1,99 %) is also tax-free after 1 year and has a delivery option. My position in physical gold will not be expanded any further.

$WBIT (+2,47 %) I deliberately chose this savings plan because it is NOT tax-free after one year (optimization of the tax-free allowance through sales, is not saved, my savings plan only runs on real gold). $BTC (-1,44 %) ).

All in all, I hope that the portfolio allocation will optimize returns while at the same time minimizing drawdowns.

Feel free to leave thoughts, suggestions, criticism or praise at da✌🏻.

Greetings, Marcus

$BTC (-1,44 %)
ETFs vs. $965515 (+1,75 %)
ETFs

The Bitcoin Spot ETFs have already generated more than 20 billion dollars inflows. That is more than the gold ETFs received after 10 years. That's crazy🤯

In this picture you can clearly see that during the missile attack by Iran🇮🇷 on Israel🇮🇱 yesterday, investors got out of $BTC (-1,44 %) out and in $965515 (+1,75 %) are in.

Bitcoin is therefore still a long way from being perceived by investors as a "safe haven"...

Blackrock and co. will have to do a better job of promoting it🤪

$965515 (+1,75 %)

Hello, quick question:

Is there a ticker here for gold in euros starting in 2015 or earlier. The $965515 (+1,75 %) does not start until mid-2020.

$965515 (+1,75 %)

Hello everyone, what is the best platform to invest in gold?

Start small with a 10g bar.