Sovereigns or not

Author
Discussion

Sogra

Original Poster:

471 posts

212 months

Saturday 4th January 2014
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Any thoughts if it's worth buying £500 pounds worth of sovereigns each month' gold is lower than for a while but I suspect as interest rates rise it won't move for some time

Also thinking of moving cash ISA to a share ISA, how big of a gamble and what return would be normal (if there is a normal)

Thanks

Dave 500

6,350 posts

243 months

Sunday 5th January 2014
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People have used gold as a safe haven, as things recover the price will probably keep dropping and when will it hit the bottom is anyones guess.

You will get a better return on something else, however if you like the idea of owning something physical go for it.

Gold/ silver = very long term insurance imo.