Faced with uncertain economic growth, without forgetting the risk of a possible crisis, it is important to invest your savings well by diversifying your investments, to benefit from a satisfactory rate of return while protecting your assets. In this respect, buying gold is an interesting alternative to consider to better face economic uncertainties. Discover the crucial steps to invest in gold in compliance with the regulations in force.
Investing in gold, an investment in the future
If you plan to carry out projects in the future, saving in gold will allow you to protect part of your savings from inflation. Gold is historically considered a haven that deserves your full attention, regardless of your profile.
Why choose gold as an investment force?
Considered a haven by professional investors, gold has been reassuring with its upward trend for over twenty years.
When you buy gold, you are building wealth that you can keep at home. If necessary, you do not expose yourself to a blockage, a limitation of the amount to be withdrawn, or even the bankruptcy of the financial institution that manages your savings.
Gold remains an internationally recognized pledge of value, which will generally allow you to hedge in times of crisis. This is a secure long-term saving. Indeed, gold is not correlated, even negatively correlated, with the main classes of financial assets (equities and bonds in particular).
Also, gold generally appreciates when other financial products experience a drop in performance. In this, gold is considered a good tool for diversification.
Furthermore, gold is an accessible investment and anyone can invest, regardless of their profile. Students, employees, executives, self-employed, seniors, or even retired elderly people, can easily buy a gold coin or a gold bar. No restrictions are imposed on the gold market. In addition, you do not pay VAT (Value Added Taxes) on the purchase of gold, and there is no tax on the possession of physical gold.
To be taken into account before the purchase, gold can be easily stored. Just a few tens of grams are enough to have solid and lasting savings. You can invest in a safe to store your gold so you don’t have the hassle that comes with storing it in the bank.
Buying gold: how to choose between coins or bars?
The purchase of physical gold for investment requires the choice between gold coins and ingots. These two forms of investment are complementary and each has advantages.
The terms gold coins and ingots refer to a wide variety of products: 1 kg ingots, ingots whose weight varies from a few grams to several hundred grams. It is for this reason that everyone can now invest in gold with their savings.
Ingots and ingots, in bar or wafer form, are popular because they are easy to store. In the case of pure gold at 995 thousandths and more, the ingots benefit from great liquidity. They are a little less cumbersome than gold coins, which require special preservation; bullion, therefore, represents a low cost of storage compared to the store of value represented, whether in a banking establishment or your safe.
On the other hand, you will benefit from a more attractive bonus when you sell your gold coins. Indeed, some gold coins like the Napoleon allow you to take advantage of a premium based on supply and demand. Their selling price can therefore sometimes be higher than the price of the gold they contain alone. In a crisis, premiums rise dramatically because investors turn to real, tangible assets like gold.
When it comes to price, smaller bars like the 5-gram bar are more affordable than most gold coins. Experts recommend combining the two products to bet on diversification to protect your wealth and your savings.