Banks do provide safe deposit boxes from about $200 per annum, and price goes up depending on size you want
if you are only talking about 5k worth of gold, I wouldnt really worry over storage ... Im sure you canfind asafe placeat home to hide it .. heck find several safe places to hide them.
Physical vs ETF vs Stocks
Ultimately depends on the amount of risk you are willing to take and what you aim to achieve with your investment.
Physical has no counter party risk, and is the ultimate store of value though price rise is relatively slow ..
ETF not bad for short term trading, but its collapse is inevitable as it is because of the paper assets that will eventually send physical gold into the stratosphere. If you understand the reasons as to why gold will spike, you would steer clear of ETFs as a long term investment
Stocks, high risk, potential high reward but no stock will escape a GFC2.
- Forums
- ASX - By Stock
- GOLD
- how to start buying gold
how to start buying gold, page-14
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online