Misconceptions about gold are tenacious. And for good reason: gold is undoubtedly the metal that peddles most myths and legends today. It is readily associated with corsairs and pirates at the time of the discovery of the Americas, with the inestimable wealth of Croesus, with the famous cities of gold located in Amazonia (Eldorado), or even with Jason and the fleece. Golden. It has indeed a real aura, which makes it a noble metal apart: men would be able to do anything to obtain it. Today, it is considered rare, expensive, and difficult to obtain and is even considered an outdated investment. However, all of these misconceptions are wrong. We take stock.
Only connoisseurs can buy gold
Today, many people think that you have to have a doctorate in economics to invest in gold. However, gold turns out to be one of the simplest investments to make (and one of the least risky). Some gold items are particularly beneficial when investing in gold. This is particularly the case with the gold coin, which has both real historical and aesthetic value. Each type of investor will find what he is looking for as gold is found in different forms (ingot, pure gold, gold coin, etc.).
Scams abound in the gold market
When buying goods between individuals, the risk of scams always exists. This is also the case when buying a used vehicle: the seller can of course omit the presence of a hidden defect. Gold is not a market that has a high rate of scams. However, these practices exist, as everywhere. For this, it is essential to call on a gold expert, such as Or Investissement.
Gold and taxation do not mix
Nothing could be further from the truth! Gold turns out to be a particularly tax-efficient asset. Metal is considered movable property and holding it does not involve any taxes or duties. Only two taxes exist, at the time of reselling it. These are the tax on capital gains (TPV) and the tax on precious metals (TMP). In addition, gold is not subject to VAT, which makes it a particularly advantageous investment.
Gold: an investment reserved for wealthy people?
Gold is a precious metal that turns out to be expensive, we grant you that. However, investing in gold is not exclusively reserved for people with a large starting capital. It is perfectly possible to invest in particularly accessible products, such as gold coins or ingots. Realized capital gains generally allow you to generate profits quickly and reinvest in gold. Therefore, it is quite possible to invest small amounts in gold.
Investing in gold no longer pays anything
For more than 20 years, gold has established itself as a particular haven. The value of gold has therefore increased by 600% in the space of 22 years. Cumulative inflation over the same period is 35% (between 1 and 1.5% per year approximately). Contrary to a received idea rooted in many people, gold is a profitable investment, while offering a minimum of risk compared to stocks and bonds. Certainly much more profitable, but above all riskier.
