Start Buying Gold Sovereigns
Posted on 04.12.2010 : Authored by Kathryn SmithIn our days there are many ways in which one can invest in physical gold. It actually depends on what type of person you are: investor, speculator or saver? Some other important aspect is whether you are trying to make a profit out of investing in gold or just trying to buy insurance.
If you want to own physical gold some examples of how you can invest are digital gold, numismatic collections, gold bullion, gold certificates and many more. If we take into consideration the financial climate today, owning gold makes much more sense. What also makes a lot of sense is diversifying one's portfolio. It is not bad to have more eggs in various baskets as a financial strategy.
Many people have the tendency to overlook the classic European and world coinage but this is also an important sector in today's market. An important aspect that should not be omitted is that gold bullion and older gold coins are not subject to VAT because of the EU Gold Directive. Also, British gold sovereigns are not subject of capital gains tax.
Even if the price of these sovereigns is a bit higher than that of other investments, taking into consideration all the advantages it is a good purchase. In the first place, you don't have to pay the capital gains tax for the sovereigns you buy. In the second place, the aesthetic and history significance cannot be ignored. These sovereigns are the most appreciated and advantageous way to invest in physical gold.
It is recognized worldwide and it is one of the most popular semi-numismatic gold coin. Investing in these gold coins could be the best way to start your own little gold nest egg. This might be just the beginning of you financial strategy. History is a witness that, gold has always been a safe and profitable investment. This is the time to purchase this precious metal because the market is hot right now.
Related Topics :: Precious Metal Investing
SOURCE :: Learn from professionals how to buy gold bullion in times of recession.