Categories
Blog

Giving Gold as a Mother’s Day Gift – March 13th 2021

The lure of gold as a precious metal is infallible and has stood the test of time over centuries. The Bible records that the Magi brought gold, frankincense and anointing oil, known as myrrh as gifts for the baby Jesus. The tradition of gifting precious metals to people who are important in our lives, whom we care for and love has been passed down through time. Infact, gold occupies a status of being a much-desired gift of value across the world and is revered and appreciated by all.

Factors to consider when giving a gift

Successful gifting requires some thought and consideration, depending on who you are buying the gift for. There are three important elements to consider when purchasing a gift, according to an article published in Time magazine in 2015. These three factors are:

  • Generosity – gold is a desired precious metal and is considered a noble and generous gift. It stands the test of time and is an excellent investment as an asset class, so it qualifies as a wise gift to buy for someone you love
  • Insight – gold appreciates over time (this claim is historically accurate) and does not depreciate like other consumer items available in the marketplace and
  • Emotional impact – the emotional impact that gold and other precious metals and stones have on many women is very appreciated and unparalleled
  • So, on all three counts above, gold is a great gifting idea, so what’s stopping you from buying some gold this Mother’s Day?
Mother’s Day Gift
Gold is a great choice for gifting across the world, and an ideal choice for Mother’s Day

Buying gold for Mother’s Day

An important day for an important woman in all our lives is fast approaching. March 31st is Mother’s Day, a day on which people in the UK celebrate motherhood and show appreciation for the most important woman in all our lives, without whom none of us would even be here. Many of us will be buying a gift for that day soon. Why not select gold?

Precious metals promise ease of liquidity and retain a great resale value, making it a wonderful gift for Mother’s Day. A gold bar of 99.99 purity could be your choice of gift. On the other hand, gold coins convey important feelings like appreciation, love and gratitude.

Mother’s Day Gift
Give the gift of gold this Mother’s Day

 

Here at Physical Gold, we don’t sell jewellery items such as gold brooches, earrings, rings, necklaces, etc. Whilst, these make excellent Mother’s Day gifts we don’t believe they are as good an investment as gold coins or bars. This is because they often have an aesthetic premium, which prices them far above the spot price value of the gold. If you want to give a gift to your Mother and aren’t bothered first and foremost about the investment potential, then these are also a good choice to buy.

Talk to our experts to make the right choice

At physicalgold.com, our experts can help you choose the right gift for Mother’s Day. PHYS01_Animated_Gif_2_MPUIf you are new to buying gold, our investment advisors can talk you through the dos and don’ts of buying gold. We have certified, 100% genuine gifting options, which are well known throughout the world, like the gold sovereign coins, or the Canadian maple leaf gold coin.

There’s also the 30g gold Chinese panda or the gold lunar pig or Unicorn from the Queens Beast series if you’re looking to make a larger investment for your mum.

Contacting Physical Gold to discuss gold investment strategy

Call us today on 020 7060 9992 or get in touch online to speak to one of our staff. They can give you the right advice on how to buy gold and ensure that you maximise the value of your investment. Mother’s Day is on 31st March this year, and not too far away. Make it memorable for your mum by giving her a gift she will never forget, the gift of gold.

 

Image Credit: Icon 0 and Kalhh

 

Categories
Blog

Oscars 25th February 2019 and Gold

Oscars and Gold

As the months fly by in 2019 towards March, film buffs all over the world wait with bated breath for the 91st Academy Awards – The Oscars, scheduled to take place in Hollywood, California at the prestigious Dolby Theatre. The event will commence at 1700 hours, Pacific Time on the 25th February 2019 (it will last from 01:00 – 05:30 UK time). The event is, of course, the most important film event in the world and notable films of 2018, their actors, directors and a host of other industry professionals will receive awards for their contributions to the world of cinema.

Origin of “Oscar” name

The “Oscar” name’s origin has been revealed by the Academy of Motion Picture Arts and Sciences. They say that Margaret Herrick, an Academy Librarian who went on to become an Executive Director said the statuette resembled her Uncle Oscar, so staff began calling the award an “Oscar”.

The Oscar statuette

The Academy Awards were started in 1929 and since then Insider's Guide to gold and silverthe committee has awarded 3,072 statuettes to honour the contributions of not just the great actors and actresses, but also the film professionals for their individual achievements in the field of cinema across the world. The famous and unmistakable statuette is 13.5 inches in height and weighs 8.5 lbs. The statuettes have always been plated with 24-carat gold. It is important to note that initially the body was actually made of bronze and only plated with gold on the surface.

Currently, Katherine Hepburn holds the record for the most Oscar awards for best actor with 4 awards and 12 nominations.

All change….

Since the 1930s, the bronze body was discontinued, and the new choice was an alloy called ‘Britannia Metal’, which was further mixed with a number of metals, including nickel and copper and finally plated with gold.  A lot of people mistakenly believe that the entire statuette is made of pure gold. A metal shortage during World War II resulted in painted plaster being used instead of metals for three years. The academy later recalled these statuettes during the post-war period and exchanged them for the gold-plated ones.

In 2016, the academy contracted a New York-based company to construct a 3D printed replica from a digital scan of the original 1929 statuette, which was then used to manufacture the new line of Oscars. Bronze is being used again in order to take the design back to its original version.

Oscars and gold
Contrary to popular belief, the Oscar statuette is plated with a thin film of gold

The price of the Oscar gold

The Oscar award is worth a lot more than its weight in gold they say.

New call-to-action

This is literally quite true. The actual production cost of an Oscar is only $400. If the entire gold plating on the statuette was melted and sold, it would fetch a paltry $57, or thereabouts. Believe it or not, this is because the gold plating on the statue is approximately 200 times thinner than a human hair at 0.38 microns!  However, while the Oscars may not be worth their weight in gold, their collector value is immense. The academy has a clause in place wherein every winner signs a clause that gives the academy the first right of refusal at a price of $1 if a winner wanted to sell their statuette. In spite of that, 75 statuettes have reportedly been sold and the estimated market price is close to a million and a half USD.

Confusion as to the legality of selling an Oscar frequently arises after the death of the Oscar recipient where this clause becomes fuzzier.

Losing an Oscar!

With the busy lives that many of Hollywood’s elite live, you can excuse them a few indiscretions! Losing an Oscar sounds unbelievable but this has happened on numerous occasions, with celebrities such as Angelina Jolie, Colin Firth, Jeff Bridges, Marlon Brando, Matt Damon and Whoopi Goldberg all misplacing their statuettes.

Call us to know more about investing in gold

While you may not win an Oscar anytime soon, it’s heartening to know that there’s not much gold in it anyway! However, we want to ensure that your investments aren’t made in the same way. If you want to discuss your gold investments, please call us on 020 7060 9992 or get in touch with us online to discuss your investments in precious metals.

Image Credit: Prayitno Photography

Categories
Blog

Chinese New Year 5th February 2019 – Year of the Pig

Chinese New Year

The Chinese New Year starts on 5th February 2019 and lasts until 24th January 2020 – the next animal to be represented is the pig. This is good news for investors as the pig is seen as a symbol of luck and financial success, it’s viewed as a good year to make money and invest! With this sentiment and the size of the Chinese investment market this is a positive indicator for gold prices in 2019.

The year of the pig 2019

The pig is the twelfth and final of the Chinese zodiac animals. The pig is last because it is said that pig arrived last to the part of the emperor! The pig belongs to the earthly branch and is “yin” in terms of “yin and yang”.

In Chinese culture pigs are highly esteemed and viewed as a symbol of wealth, pigs are seen as a sign of good fortune, especially their large ears and chubby faces. People born in the year of the pig are said to be gentle, loyal and generous in personality.

Previous years of the pig occurring in the last 50 years were 1971, 1983, 1995 and 2007. Why not buy a year of the pig coin as unique gift for someone born in this zodiac sign? It makes for a unique gift.

Gold Lunar Pig
1oz Lunar Pig gold coin

Year of the pig – coin issues

These commemorative coins are typically offered in both gold and silver and always have a collectability premium when compared to the current gold/silver spot price. So, if getting the most metal for your money is a key priority, investing in gold bars or silver bars would work best.


Interested in starting a gold coin collection? Download our FREE ‘7 Crucial Considerations Before You Buy’ cheatsheet here first


Royal Mint

The UK Royal Mint has produced a range of coins in both gold and silver, click here for info. The coins were designed by Harry Brockway and feature a sow feeding piglets with a night-time country sky setting. The following coins are available:

  • Gold coins – are available in one-tenth of an ounce, one ounce and five ounces sizes
  • Silver coins – are available in one ounce, five ounces and 1KG sizes

Detailed information about the Royal Mail mintages is available here.

Insider's Guide to gold and silver

Other Countries with the year of the pig mintages in 2019

There are many countries, which will have the Chinese Year of the PIG issues. Just a few examples of a special year of the pig coins are:

Call Physical Gold – experts in Chinese Zodiac coins

It’s good to know if you need helpful advice on all aspects of gold investment that you can always turn to Physical Gold. We always recommend you call us on 020 7060 9992 or contact us by email before making an investment in gold coins. We believe in general that Chinese Zodiac coins are a worthwhile investment as part of a collectable gold coins portfolio. Speak to our experts now and we can guide you through the process.

Categories
Blog

St Patricks Day, March 17th, 2019 – The Power of the Gift of Gold

On March 17th every year, Irish compatriots from across the world join together for St Patrick’s day celebrations, one of the most important dates in the Irish calendar. Traditionally the day was a commemoration of Saint Patrick, he is the patron saint of Ireland and is associated with the arrival of Christianity in Ireland. Today the St Patrick’s day holiday is a celebration of all things Irish from shamrocks and Guinness to leprechauns and Gaelic football. In 2019, St Patricks Day falls on a Sunday making it even easier to celebrate as there is no need to book time off work!

New call-to-action

Why is St Patrick’s day celebrated?

St Patrick grew up in Ireland after being captured by raiders at only 16 years of age and was kept as a slave. According to popular legend he famously rid Ireland of snakes, however, the truth behind this legend is shrouded in mystery as it’s believed that no snakes have been indigenous to Ireland since the last ice age. One theory is that the snakes being referred to in the story were actually druids or pagan worshipers that worshipped snake like gods. It is not known what year St Patrick actually died but we do know it was on the 17th March, the day on which we now celebrate St Patrick’s day.

Gift of gold
St Patrick’s day gold

Irish folklore – leprechauns and pots of gold at the end of every rainbow

Gold has a long association with Irish folklore. Gold is often seen as a symbol of good luck and a popular Irish myth tells the tale of leprechauns love for gold!

Leprechauns are often associated with wealth due to their love of gold coins, they know when they are onto a good thing! Leprechauns as the mischievous creatures they are scour the earth for gold and when they find it, they store it in a pot of gold at the end of a rainbow.

Whether you believe in this tale or not, it’s fun to indulge in the leprechauns love for gold on St Patricks Day.

Gold coins – one of the symbols of St Patricks Day

There are many symbols which relate to St Patricks Day, but one of them are gold coins. Other symbols include leprechauns, beer jugs, clover, hats, the Irish flag and much more!

Gift of gold
St Patricks Day wouldn’t be the same without some gold coins!

Why gold is the perfect gift for St Patrick’s day

If you’re looking for a special present to give to a loved one this St Patrick’s day, then gold represents the perfect gift idea. A gold coin or a small gold bar is a beautiful and unique gift that demonstrates just how much that special person in your life means to you. You can guarantee that not many people will be getting gold this St Patrick’s day, so your present will mean that much more.

The benefits of gold as a gift

Gold coins or gold wafer are often given as special gifts to a loved one. PHYS01_Animated_Gif_2_MPUNormally when they are celebrating a momentous occasion such as their 18th/21st birthday or as a wedding gift. Gold represents a great gift idea for several reasons. Not only is it an excellent store of wealth that has been proven to hold its value over long periods of time, but it also introduces your loved ones to the idea of saving/investing and the many benefits of collecting gold. Unlike money which just tends to be spent straight away, gold is a long-lasting gift that can be treasured over time. Whether it’s a small gold bar or a shiny gold sovereign, gold is the gift that keeps on giving.

Give the gift of gold this St Patrick’s day

Physical Gold, stock a large range of gold collector’s coins perfect for gift giving this St Patrick’s day. From gold sovereigns to Gold Lunar Dogs, we have a gold coin for every occasion. Call us today on 020 7060 9992 or browse our complete range of collectable gold coins here.

Image Credits: Tero Vesalainen and Tero Vesalainen

 

Categories
Blog

World Money Fair, Berlin, Germany – 1st to 3rd February 2019

World Money Fair 2019

The 48th World Money Fair will be held in Berlin in February 2019. Starting on Friday 1st February 2019. The three-day event will close on 3rd February. The event is one of the most significant numismatic events in the world, where people come together to study old and new coins issued by nations around the world. The 47th event in 2018 saw participation from around 330 exhibitors, who arrived from all parts of the world. Visitor numbers were in excess of 15,000 and the event was a grand success. Over 50 countries from around the world took part in the 2018 event, making it the most important numismatic event on the planet.

History of the World Money Fair

The first international event of its kind took place on 22nd January 1972 in Basel, Switzerland. For the next twenty-six years, the event grew in stature and importance. Initially, the event was a classic coin exchange that was a family run business. However, by 1999 the event had grown to dizzying heights and a new company was incorporated in 1999 to manage and grow the event. This was a step in the right direction that created the path for greater developments.

It soon became a global destination for coin lovers all over the world and firmly ensconced its position as a world trade show for dealers, collectors, buyers and anyone who was a part of the numismatic community. The event moved from Basel to Berlin and soon found itself in the centre of the coin universe in Europe. The Berlin Estrel Convention Centre, where the event is held, is an ideal venue due to its location. The event was scaled up to include presentations, conferences, discussions and coin trading was now possible in a large spacious area full of professionals. Every year, approximately 330 exhibitors come together in celebration of one of the world’s greatest numismatic events, which is witnessed by around 15,000 visitors.

World Money Fair 2018
The World Money Fair is one of the most significant numismatic events in the world

The exhibition area

The exhibition area spans 9,000 sq. m. and during the three days of the fair, this area becomes the world’s most important hub for the numismatic trade. People come to the event to exchange information with each other about new trends and technology developments. Of course, many come to browse through the collections and trade in coins and banknotes, etc.

Representatives of the most important mints from across the world are present at the venue along with specialist coin experts. This creates a truly international symposium where an unfettered exchange of knowledge and ideas can take place. There are press conferences where new coins are issued, and new technical innovations are shared with the media and the attendees every year. More importantly, the World Money Fair has a Media Forum, which has evolved over the years into becoming an important marketing tool for coin manufacturers and suppliers globally.
Insider's Guide to gold and silver

The 2019 event

The 48th event will open its doors on Friday, 1st February 2019 at the Berlin Estrel Convention Centre. The event will continue till Sunday, 3rd February. The opening hours are from 10 am till 6 pm, every day, except for the closing day when the event will draw to a close at 4 pm.

Supporting events

However, the technical forum and the media forum will have different dates and timings.

Technical forum

The technical forum will be held on 31st January 2019 from 1:30 pm till 6:30 pm and is open to registered trade representatives only, not to the general public. Around 400-coin trade industry experts are expected to attend this event. This forum has a special focus on minting techniques and will include discussions on coin manufacturing, production processes, technical discussions and procedures as well as exposes of the latest products and solutions.

World Money Fair 2019
A guest speaker at the technical forum of the World Money Fair, Berlin, 2018

Media forum

The media forum will be held on 1st February from 10:30 am till 2pm and will be open to the general public as well. This forum will consist of a number of English language presentations from various mints around the world including the Austrian Mint, LBMA (London Bullion Market), Mincovna Kremnica, Royal Dutch Mint, South African Mint and others too.

14th Berlin Auction

The 14th Berlin auction will be held on 31st January from 10 am in Hall A at the Estrel Centre.

About the Estrel Centre

The Estrel Centre on Sonnenallee in Berlin is only half an hour by train from Berlin Schonefeld Airport and is a prominent landmark of the city.

The full address details of the venue are:

Sonnenallee 225, 12057 Berlin, Germany

Phone: +49 30 68310

Speak to our experts before attending the event

If you are interested in attending this event and want to invest in gold and silver coins, we can help you make the right buying decisions. At Physical Gold, we have been advising numismatists for many years on making the right choices when it comes to investing in precious metals. Call us now on 020 7060 9992 or contact us via email. Our team of experts will be happy to guide you before you make a buying decision.

 

Image Credits: Peter Ashley and World Money Fair

 

Categories
Blog

Tax Year End 2019: But Gold has no annual limit

2019 Tax Year End

With the tax year end upon us, now’s the time that many take a hard look at their finances and make investment decisions for the following year. But if you’re one of the savvy investors already owning physical gold, then you’ll know buying gold and silver aren’t affected by the tax deadline.

Tax year-end brings a fresh start

If your money is currently in an ISA or savings account, then the tax year end might have you rethinking your investments and considering gold (or silver).

If you’re one of the thousands of investors wanting to move your money around, to reduce your tax exposure and maximise your gains, this article will provide insight into some important tax considerations, which every investor should know about.


Want to learn more about gold’s tax efficiency? Download the Insiders Guide to tax-efficient gold


ISAs are limited tax-free investments

Many investors just think of ISAs as tax-free investments, when in reality, they’re limited tax-free investments – meaning there’s an upper limit to how much you can save. The ISA limit for 2019/2020 remains at £20,000 maximum, but you can’t roll over any unused portion to the next year, so you have to use it or lose it.

Tax Year End
Keep TAX rates down with UK Gold

Regular savings accounts are taxed

If your money is in an old fashioned, regular savings account, you’ll be charged a tax on any interest it generates. This makes a savings account quite unappealing for those who’ve already maxed out their ISAs. Especially with the highest available rates being around 1.5% and the majority of interest rates currently yielding sub-1% even before tax!

Capital Gains Taxes on assets you sell

If you’re looking into selling an asset or Buy-to-Let property that you own, you’ll likely end up paying Capital Gains Tax on the profits of that sale. This is especially true for those who’ve already reached their CGT allowance for the year. Many forms of Gold, on the other hand, are actually CGT free.

The lifetime allowance could affect your pension

The lifetime allowance, which was previously reduced from £1.25 million to £1 million, PHYS01_Animated_Gif_2_MPUis a limit on the value of payments on your pension and could affect many people who’ve already reached this new allowance total. If you’ve saved into your pension throughout your working life, you could already be at this limit and you’ll be taxed heavier than in previous years. Check the Money Advice Service dedicated page for the latest allowance rates and related information.

UK Gold Coins have no Capital Gains Tax and no VAT

Physical gold has always been a worthy investment and gold investments make a great addition to any portfolio. Due to there being no upper limit on how much you can purchase in a year and certain forms of gold falling into the bracket for CGT and VAT free investments, it is looked on favourably by many investors. Currently, all bullion coins that are classed as legal tender in the UK which includes coins such as gold Sovereigns and gold Britannias, are CGT exempt. They are also VAT free providing the coins were minted after 1800 and classified as legal tender.

Coins to buy from Physical Gold

If you want to consider an investment that will appreciate tax-free, then take a look at our tax free-gold coins (including the 2019 Gold Sovereign and the Dragon Queen’s Beast) or our CGT free Silver.  PhysicalGold.com even offers the opportunity to add gold to your Self Invested Personal Pension (SIPP) to achieve a balanced portfolio. Currently, the UK Government are willing to pay up to 45% towards the cost of your gold if you invest through a SIPP. This is applicable to all investment-grade gold bars or wafer that are professionally stored and have a purity of at least 99.5%.

Contact Physical Gold for 2019/2020 Financial Planning

Providing you’re looking for an investment that will help you diversify and protect your assets, whilst avoiding CGT and VAT (for gold), you can’t go wrong with Physical Gold. Call us without delay on 020 7060 9992 to speak to us or complete our contact form. We can provide guidance on how gold can comfortably fit into a wider investment portfolio for the financial year ahead.

 

Image Sources: Geralt

 

Categories
Blog

Pension and Lifetime Savings Association Investment Conference, Edinburgh, 6th – 8th March, 2019

The Pension and Lifetime Savings Association conference is one of the most prestigious investment conferences of the year. This years’ theme is “Investing on the Brink” and will take a look at investment’s role in creating prosperity in an equitable and sustainable way. The event will focus on a feeling that we are “on the brink”, with uncertainty everywhere in a post-Brexit world, with global trade wars and much economic uncertainty at this time. It will also cover topics such as the UK economy post-Brexit, global trade wars, defined contribution pensions, risk management in investments and much more.

Pension and Lifetime Savings Association
Save for your pension with gold investment

Where will the conference be held?

The conference will be held at the Edinburgh International Conference Centre, the postal address of which is The Exchange, 150 Morrison St, Edinburgh EH3 8EE.

Who are the Pension and Lifetime Savings Association?

The Pension and Lifetime Savings Association (PLSA) are an organization set up to provide a voice for employers as well as trustees of pension schemes and the providers themselves. With support provided by over 13,00 pension schemes and 400 different businesses, the PLSA help educate pension savers through their partnership with Wealth at Work and provide a platform to help support them. Businesses are invited to become a member of the association by signing up to Fund Membership (aimed at pension funds and employers looking to offer a workplace pension or Business membership (aimed at organisations who provide services to the pensions and lifetime savings industry).

New call-to-action

The 2019 conference

This years’ conference will take place over 3 days from 6th – 8th March at the Edinburgh International Conference Centre (EICC). Some of the keynote speakers to feature at the conference this year include:

  • Alistair Darling – the Former Chancellor of the Exchequer
  • Paul Johnson – Director of the Institute for Fiscal Studies (IFS)
  • Katya Adler – Broadcaster and noted Financial Journalist
  • as well as Hannah Fry, Elizabeth Corley, Jeremy Coller and Nathan Sheets.

The event is free for all fund members, with fees for business members and non-members. Your conference pass includes admission to all official conference sessions and social events as well as catering throughout the event. There will also be a drinks food and networking evening which will take place on Thursday 8th March.

 

New Call-to-action

 

Why attend?

The Pensions and Lifetime Savings association conference is one of the pension industry’s largest and most important events. It gives you the chance to network with over 950 pension professionals from different sectors within the pension industry including trustees, investment officers and scheme managers as well as investment managers, specialists and consultants.

Click https://www.plsa.co.uk/Events-Investment-Conference to visit the official website of the conference.

Pension Gold

Holding gold in a pension plan is becoming increasingly popular with investors who are looking for long-term financial security. Investors can now benefit from additional tax relief by investing in gold through a self-invested personal pension (SIPP) and can get up to

to 45% tax relief on gold bullion. Investors will usually gain access to their pension funds when they reach the age of 55.

Precious metal investments with Physical Gold

Here at Physical Gold, we offer a range of tax-free gold in a variety of different forms including gold barsgold bullion and collectors’ coins.  For more information on our Pension Gold services, please get in touch by giving us a call on 020 7060 9992.

 

Image Source: Alexas Fotos

Categories
Blog

Real Gold – a Great Valentine’s Day Gift in 2019

Why buy gold for Valentine’s Day 2019?

The yellow metal truly has a magical aura to it! Who can help but be mesmerised by its timeless charm? Through time immemorial, gold has come out on top as the first choice for a gift that lasts forever. Even more effective than Cupid’s arrow, it never fails to melt hearts. With a New Year around the corner, Valentine’s Day isn’t too far away. So, if you want to really impress the one you love, it’s time to seriously consider turning to gold.

As a gift for your loved one that’s also a great investment, you should look at gold bars or gold coins.

Specific Valentine’s Day commemorative issues

Over the years there have been many commemorative Valentine’s Day bars and coins from around the world issued. These have various Valentine’s themes and whilst they often have a high premium (and therefore aren’t the best investment), they are a romantic gesture to give on the day.

Valentines Gold
Give the gift of gold at Valentines Day

Thinking of buying gold? Read the 7 step gold buying cheat sheet first


Why give gold bars or gold coins on Valentine’s Day?

There are many reasons to give gold bars and coins on the 14th February, here are just a few to consider:

  • Lasting investment – Valentine’s Day is just one day and “comes and goes” before you know it. A gold investment endures and will have value for years to come whereas other Valentine’s treats (e.g. meal out, theatre/cinema, etc. will last just the one day!)
  • Something different – Giving gold in the form of jewellery is conventional, but in bars and coins is less so. Your partner is likely to think of this as a unique and thoughtful gift

 

Valentine's Day Gift
Gold makes a thoughtful and impressive gift for your Valentine

Other gold gift ideas to consider

If giving gold bars or coins really won’t satisfy your partners Valentine’s Day wishes, then here are some other gold-based gift ideas for Valentine’s Day:

  • Gold jewellery – this is more conventional but giving gold jewellery at Valentine’s is definitely a safe option. Gold jewellery can be bought in many forms including bracelets, brooches, earrings, necklaces, rings, etc.
  • Household ornaments – a range of household ornaments could be bought, including gold photo frames, gold heart-shapes, love messages with gold woven in and much more!

Insider's Guide to gold and silver

Talk to us before you buy your Valentine’s Day gold

As we enter 2019 with a positive outlook for the yellow metal, you can’t go wrong on buying gold as a gift for your Valentine. Whether you’re considering buying gold bars or a set of gold coins, our experts at Physical Gold are the right people to advise you. We pride ourselves on our customer service and have guided many customers over the years on making the right choice when buying a gift that’s elegant, impressive and a sound investment. Call our team on 020 7060 9992 and discuss your investment options and they’ll ensure you make a purchase that will sweep your Valentine off her feet with a memorable purchase that will be remembered in the years to come.

Image Credit: PixabayTatutati

Categories
Blog

5 steps to your 2019 New Year’s financial review

financial review
At this time of year, most people are making either fitness, health or financial resolutions, so there’s a good chance that you’ll be considering a new year’s financial review for 2019.  However, according to a report from the University of Scranton, only 8% of new year’s resolutions are maintained or achieved.   So, we’ve outlined 5 ways to help you keep those New Year’s financial resolutions.

financial review
Reviewing your finances in 2019 is a great idea

1. Undertake a financial review of your current assets

The new year is a perfect time to take stock of your current financial situation, including cash holdings, savings, ISAs, pensions and loans etc., to help identify any areas for potential savings and improvements.  You may decide that cash savings held in the bank, for example, are yielding very little interest and may be exposed to an increasing inflation rate in 2019.   It’s important that this first task identifies whether your portfolio is diversified enough to protect against volatility and downturns. You can Take this Test to see how exposed your family’s assets are to further market downturns.

2. Be realistic and specific

Setting goals that are too vague or too challenging sets you up for immediate failure, which will probably mean you are likely to give up.  Instead, think about smaller, specific financial goals that can provide you with a sense of achievement. It’s important to give yourself a timeframe, so you can measure your achievements, for example, within 3, 6 or 12 months periods.


Ever wondered how a market downturn could impact your finances? Take out short test to find out


3. Budgeting

Budgeting is one of the fundamentals of good financial planning.  Keeping track of your income and expenditure each month makes it easier to set realistic budgets. Allocating your income in percentages can be a useful habit; for example, 20% for financial priorities, 30% for lifestyle spending etc.  This enables you to save and treat yourself at the same time. At Physical Gold we offer a popular monthly saver account, which helps spread the cost of buying gold and also helps with your budgeting plans.

4. Look for tax-free and VAT-free alternatives

It’s not just your ISA that offers you a tax shelter for your investment growth. Rather than paying tax on investment gains, why not consider tax-free gold or silver coins.  Make sure you research the best physical gold investment to ensure your gains are tax free and meet your objectives. It’s also never too soon to start planning for your retirement as, any money you put into your pension fund, will grow through the power of compound growth.  Plus, you’ll also benefit from the tax relief. Pension Gold provides the opportunity to add gold bullion and balance to your UK SIPP.

financial review
Invest in tax free gold and silver with Physical Gold Limited

5. Track your progress

It’s worth financially reviewing where you’re up to on a regular basis, in line with the goals you set, so you can take appropriate action. Step back and consider your portfolio holistically.   If you don’t currently own any gold or silver, now could be a good time to consider these, so as to provide balance and protection to your other assets.

Invest in gold and silver as a safe haven in 2019

With 2019 looking likely to continue with uncertainty and instability, especially with both the ramifications of Brexit this year, a new year’s financial review is the perfect opportunity to adopt some new financial habits.  Gold and silver have for centuries been safe havens for investors in time of political and economic turbulence. Take a look at our Guide on investing in Gold or Silver for further information on the benefits of precious metals in today’s volatile markets.

Contact Physical Gold for support to your financial review

We know completing a New Year’s financial review can be gruelling, but it’s a very worthwhile exercise. Why not call Physical Gold today on 020 7060 9992 or contact us online for a call back. We are to help and can recommend suitable gold and silver products (from our coins and bars selections) based on your specific financial circumstances.

Image Credit: Mohamed Hassan and Reconcycles

PHYS01_Animated_Gif_2_MPU