facebookWould you rather buy a gold ETF or a gold savings plan that can deliver physical gold? - Seedly

Seedly

20 Apr 2020

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General Investing

Would you rather buy a gold ETF or a gold savings plan that can deliver physical gold?

Which is a better investment to make and why?

Discussion (2)

What are your thoughts?

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Cedric Jamie Soh

20 Apr 2020

Director at Seniorcare.com.sg

Between the two, gold ETF is way better in terms of costing.

Gold ETFs enjoy better cost savings.

You can argue that if there is an apocalypse, the GOLD ETF can't deliver (since precious metals ETF are many times the real volume of precious metals in the world).

but then again, in an apocalypse, can others deliver your gold to you.

Save the transaction and expense costs. Go for low costs ETF.

Can you share more about the gold savings plan? sounds interesting, but like to know more.

all things equal, prefer ETF. rather pay a little more for the ETF manager to store and manage the buying and selling gold, than having to keep physical gold myself.​​​

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