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Hmmm - wonder what Hector would say about buying 4 of these from retained profits in the company
If the price rises they would be sold and the difference trousered ( all hypothetically of course)
Seems a better bet than the 0.250% from Cater Allen
only £100k in the bank ? INKSPE, I spend more than that a year lighting my cigars with £50 notes. I would spend less but the caviar & champers I pour on the hookers breasts keeps putting out the Cigars.
Tempted to diversify into gold. I personally see the price point as quite reasonable.
I understand Britannia coins £750 a pop are CGT exempt.
Any advice for choosing gold to invest in?
Silver Brits are CGT exempt too - they're legal tender innit.
Silver is a better bet in so many ways - as for the VAT you could keep the silver in the business....sell with VAT if needs be or in the case of the zombie apocalypse just pick it up and go, doubt Gideon will care at that point.
If you must go with gold I'd suggest Brits anyway purely because they're exempt from CGT and are relatively small.
If you need to liquidate gold it's much easier to shift a 1oz coin or two than to find someone who'll give you change for a kilo brick.
Unlike sovereigns which are 22ct gold, mapleleafs are 1oz of pure (24ct) gold.
That's what mate went for, he also went for some silver too.
Brits have been 999 gold since 2013 but Mapleleafs are popular. All much of a muchness though unless you're wanting to moon over them. Buffalos, Eagles and Krugerrands are all nice.
My silver is mainly in 1oz bars as stacking coins gets a bit tricky once you have a few.
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