75% Developed world, 15% EMM ex China, 10% Gold.
Weekly contribution to get the amount invested I want for retirement.
Weekly contribution to get the amount invested I want for retirement.
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@DEW_7240 I find that interesting.
Gold—is it just to serve as a reserve in case the developed market declines? To reduce volatility?
Gold—is it just to serve as a reserve in case the developed market declines? To reduce volatility?
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@Kspykee diversification in a different asset class. Not cash reserve.
In Germany some physical gold ETC can be sold with 0% tax if held for >12 months. So as long as this rule remains gold jas a nice bonus to it.
In Germany some physical gold ETC can be sold with 0% tax if held for >12 months. So as long as this rule remains gold jas a nice bonus to it.
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•@DEW_7240 In Spain, we don't have that tax advantage.
We only have the option to transfer between non-ETF funds at no cost.
We can sell (paying capital gains tax) or transfer between funds at no cost. Everything else is subject to taxation.
We only have the option to transfer between non-ETF funds at no cost.
We can sell (paying capital gains tax) or transfer between funds at no cost. Everything else is subject to taxation.
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@Kspykee You can buy physical gold at your local jewelry store as an investment, and it is exempt from VAT. Of course, this refers to investment gold—not jewelry, but gold bars.
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•In Germany the ETC that gives you the option to deliver the physical gold if you want (just the option needs to exist) are treated like described above - physical investment gold you buy/sell at the gold shop or bank.
But aside from that gold can carry in times when stocks are under pressure. If this will be true in the future I can't say. This year has been "interesting".
But aside from that gold can carry in times when stocks are under pressure. If this will be true in the future I can't say. This year has been "interesting".
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