CORE PHYSICAL GOLD

Gold ETC - delivery to avoid KEST?

First of all, a general question for everyone, including the non-Austrians here.

Has anyone already had experience with a savings plan
via TradeRepublic with $$WGLD (+1,99%)
? And more importantly, with physical delivery?

I like the idea of savings plans and don't want to hold physical gold due to the large spreads, lower liquidity and especially storage costs. At least not in the long term.

I am Austrian, so unfortunately I have no tax advantages with gold ETCs. In Austria, the KEST exemption on gains only applies to physical gold. BUT I thought to myself:

DeliveryI could have the gold delivered to me if required - costs are currently 1% of the delivery amount and therefore far below the premium (and spread) at the local gold dealer. The gold would be delivered in the amount of the ETC investment without tax deduction.

Physical sale: I can sell the delivered gold tax-free at the dealer next door.

Do I think this is too simple, or is it really time for Austria to treat gold ETCs in the same way as Germany treats gold, provided delivery is possible? Has anyone had experience with this detour?

#gold
#etc
#steuer

Hello :)

I have a question about what you think makes more sense with ETFs, i.e. now in terms of a savings plan. I want to hold them for the next few years anyway, or decades in the case of the world ETF

I now have the 4 ETFs

$VWRL (+1,02%) 220€ all world

$FGEQ (+1,14%) 40 € dividend etf

$GGRP (+1,55%) 40€ dividend etf

$WGLD (+1,99%) 40 € Gold

And together that's 340 € a month, but the amount I have available changes every month because I only work in the catering trade and am paid by the hour, not a fixed wage.

1 time a month total sum 340€

2 times a month 170€

4 times a month so weekly 85€

what do you think ?

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 (+1,99%) 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 (+0,02%) 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)?

I have a question for the community:

I'm currently looking for an ETC for gold. So far I've mostly focused on $WGLD (+1,99%) and $EWG2 (+0%) so far. Unfortunately, my custody account offers me no fee advantage with either option. In addition, the $WGLD (+1,99%) seems to allow physical delivery of the gold in 1g denominations but probably has a TER of 0.16%. The $EWG2 (+0%) only allows delivery in 1g through additional fees. To my questions:

• How can the $EWG2 (+0%) have no fees, how do they earn money?
• In addition, bearer bonds are not subject to deposit protection. I am therefore wondering what the insolvency risks could be, since everything is collateralized with gold anyway. Robbery of the gold?
• What is the difference between EUWAX Gold I and EUWAX Gold II?

Thank you! ☺️

Anyone interested in investing in gold can also do so at Trade Republic. With the $WGLD (+1,99%) you also have the possibility to have it delivered. Just like the ones at $EWG2 (+0%) or $4GLD (+2%) gold . For people who don't want to look for another broker because of gold. And I have talked to the support of wissomtree .

WisdomTree Core Physical Gold is backed by physical, allocated physical gold held by HSBC Bank plc (the custodian). The Depositary can only accept metal that complies with the London Bullion Market Association's (LBMA) Good Delivery Regulations. Physical delivery is possible. For questions regarding the process and costs of physical delivery, please consult the FAQs on our Webseite.

Question 1: Can I exchange my Swiss Gold Bullion Securities (SGBS/WGLD) for physical gold?

Yes, all SGBS or WGLD securities entitle the registered holder to receive gold via the CREST system in accordance with the terms and conditions. The relevant quantity of gold is referred to as the Metal Entitlement and is specified by the issuer on its website.

Question 2: In what form can I receive the gold?

Investors can receive gold at their own request in quantities ranging from 1 g to LBMA-certified Good Delivery bars of approx. 12 kg.

Question 3: What is the minimum number of SGBS I must return?

Since the minimum redemption cost is 1 ounce of gold per redemption, investors must realize a value of more than 1 ounce of gold with the redemption of securities

and because of tax they said this

The Issuer has issued the following statement in relation to the German tax status of WisdomTree Core Physical Gold:

"We hereby wish to confirm to WM Daten that, in our opinion, the bond with the (ISIN JE00BN2CJ301/ WKN A3GNFN) is not a capital claim within the meaning of Section 20 (1) No. 7 EStG. The gains from the sale or redemption of the bond referred to in the resolution do not constitute income from capital assets within the meaning of Section 20 (2) sentence 1 no. 7 EStG in conjunction with Section 20 (1) no. 7 EStG. § Section 20 para. 1 no. 7 EStG. No capital gains tax is to be withheld. Gains and losses are generally taxable as private sales transactions in accordance with Section 23 (1) sentence 1 no. 2 EStG if there is no more than one year between acquisition and sale/redemption.

@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 (-1,9%) (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 (-1,9%) ).

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