perth listings, page-9

  1. 2,923 Posts.
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    What makes anyone think that when inflation comes those who hold houses will not be beneficiaries? If houses tank - you can live in it. If gold tanks - goodbye wealth. Utterly risky to sell your house in the hope gold will keep performing. House growth by the way is cap gains free.Don't forget to pay cap gains on your gold when you sell. Anyone selling a house to go into gold and silver seems to me to have an unusual approach to wealth. Should you qualify for the pension I wonder if your gold will be counted as an asset. Your house sure as hell is not. Then the monthly income from gold should keep you well fed - NOT! Not much wisdom here. Some exposure to gold is good but not at the exclusion of your house imo.
 
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