Why should I buy gold ?
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5 reasons to buy gold
• Gold is a safe haven that holds its value in times of crisis.
• Gold is an interesting portfolio diversification.
• Gold is a long-term investment.
• Gold is a collector’s item.
• Gold is a precious and timeless gift.
How to invest in gold and what taxes?
• You can buy 22 carat+ industrial physical gold from us and turn it into 24 carat investment gold
• The purchase of physical investment gold is exempt from VAT.
• The sale of physical investment gold is subject to a flat rate tax of 36.2%. (in France)
Gold: an investment seldom offered by banks.
If you're considering investing in gold, you might be surprised to find that your bank doesn't offer this type of asset. Several reasons explain this choice:
• Low profitability for the bank:
- Selling physical gold generates a one-time commission, unlike financial products such as equity funds which generate recurring fees.
• Partial disintermediation:
- Purchasing physical gold involves withdrawing money from the bank account, which represents a potential loss of income for the bank (fees, commissions, etc.).
The shift towards equity funds:
• More lucrative for the bank:
- Equity funds generate annual management fees, performance fees, and other charges, unlike physical gold.
Comparison with gold investment:
• Generally lower costs compared to equity funds.
• No annual management fees or performance fees.
• The investor keeps all of their profits.
In conclusion, banks don't offer gold because it's not financially attractive for them, and investing in gold can be a more economical and transparent alternative for the investor.
• Example of high fees in equity funds:
- Brokerage fees, entry fees (up to 5%), annual management fees (around 1.5%), administrative fees, performance fees (20% of the performance exceeding a certain level).
• Significant total costs for the investor:
- The AMF (Autorité des Marchés Financiers) estimates that fees on French equity funds reach 1.9% per year.
- Added to these are custody fees, fees related to the investment vehicle (life insurance), and taxes.
