Hi Tom, Do you know is it possible to enable push or email notification on etoro to get notification every time when copied trader open or close new trade?
I am beginning to buy gold coins in the UK as the tracked insurance postage to and from the large online bullion dealers is good and also the coins are CGTax free. The ability to sell and post it insured which the dealers pay for is a game changer.
Some good advice there! One thing to also consider - Capital Gains Tax! In the UK there is no capital gains tax on selling some precious coins since it is legal tender! Might be worth seeing if there is something in your country since that would further wipe any profits. However, the royal mint in the UK charges a massive commission on these coins (+~16% on the Britannias I looked at), and then as you said you have another problem of selling it. Somebody at work mentioned looking at "limited edition" coins since you can then potentially sell them to a collector, but I haven't looked into it that far.
I actually bought mostly U.K Britannias just in case I moved back to the U.K by the time I sold them (for this very reason) My plan was always to hold them very long term and see what happens.
Stack sats instead, portable, divisible, greatest store of value since gold (digital gold) , self custody, easy to sell , best performing asset in the last 15 years and will continue to outperform 👊🏻
Always best to check with an accountant or tax advisor where you are, as I’m not sure of the rules there, and that’s one which is definitely worth making sure of.
That's why a collect coins instead if you want a Eagle buy a 1986 Eagle. A 1828 gold sovereign 7 Known minted sold for £6,000 rare and scarce coins can be worth more. A simple copper 2 pence New Pence coin 1983 is worth £2000 because the print date should be 1982 not 83
Hey there - I don't know :) It depends how much spare money you have really. If you've got millions, then 5 Krugers aren't that much, but if it's all of your money, then it's a lot of investment in one area :) I just can't say. Mine have done well, but I bought them years ago when it was significantly cheaper... Where will it go next? I really don't know - sorry I can't be of more help. I do like having the Gold though :)
Also, do check where you'd be able to sell it if you needed to, how you're thinking of storing it, and whether there's any types of coins or bullion which haver special tax treatment in your jurisdiction. I always think it's worth checking these things out first to get the best info...
Yeah, I wanted to make some videos about other things, so I've been off doing that for a while :) I'll do an eToro vid soon though. Thanks for watching!
Assuredly, I tell you, God in heaven is about to take back what is His. In Life's Instruction Manual (aka Bible), God gives us a big hint to His plans and purposes that are already in motion. Haggai 2:8 warns righteous & wicked humans, *"The silver is Mine and the gold is Mine, declares the Lord of Hosts."*
hello can you please tell me how much etoro charges for each and every transaction sale purchase and widthrawal.
Hi Tom,
Do you know is it possible to enable push or email notification on etoro to get notification every time when copied trader open or close new trade?
I am beginning to buy gold coins in the UK as the tracked insurance postage to and from the large online bullion dealers is good and also the coins are CGTax free. The ability to sell and post it insured which the dealers pay for is a game changer.
@@BecauseJapan wow that’s a nice innovation… smart.
I was a stacker for a long time. At one point, had amassed 1 tonne of silver at a good avg cost. Now left with around 250kg.
I had a look at the gold price again yesterday - wow.
I'm glad you are buying silver I buy physical gold
Hope it's been going well!
Some good advice there! One thing to also consider - Capital Gains Tax! In the UK there is no capital gains tax on selling some precious coins since it is legal tender! Might be worth seeing if there is something in your country since that would further wipe any profits. However, the royal mint in the UK charges a massive commission on these coins (+~16% on the Britannias I looked at), and then as you said you have another problem of selling it. Somebody at work mentioned looking at "limited edition" coins since you can then potentially sell them to a collector, but I haven't looked into it that far.
I actually bought mostly U.K Britannias just in case I moved back to the U.K by the time I sold them (for this very reason) My plan was always to hold them very long term and see what happens.
@@SocialTrading nice, do you have any recommendations on UA-cam channels where I can learn more about investing in physical gold/ coins? :)
Stack sats instead, portable, divisible, greatest store of value since gold (digital gold) , self custody, easy to sell , best performing asset in the last 15 years and will continue to outperform 👊🏻
:) indeed. I do like the physicality of silver and gold though too.
Do we need to file our own tax when investing here in etoro un UK?
Always best to check with an accountant or tax advisor where you are, as I’m not sure of the rules there, and that’s one which is definitely worth making sure of.
That's why a collect coins instead if you want a Eagle buy a 1986 Eagle. A 1828 gold sovereign 7 Known minted sold for £6,000 rare and scarce coins can be worth more. A simple copper 2 pence New Pence coin 1983 is worth £2000 because the print date should be 1982 not 83
We can meet you for a meal or a pint or a coffee if we go to Malta
I’m thinking of buyin 5 Krugerand
Hey there - I don't know :) It depends how much spare money you have really. If you've got millions, then 5 Krugers aren't that much, but if it's all of your money, then it's a lot of investment in one area :) I just can't say. Mine have done well, but I bought them years ago when it was significantly cheaper... Where will it go next? I really don't know - sorry I can't be of more help. I do like having the Gold though :)
Also, do check where you'd be able to sell it if you needed to, how you're thinking of storing it, and whether there's any types of coins or bullion which haver special tax treatment in your jurisdiction. I always think it's worth checking these things out first to get the best info...
Ah dude you was doing more than one video per month. You made a pause?
Yeah, I wanted to make some videos about other things, so I've been off doing that for a while :) I'll do an eToro vid soon though. Thanks for watching!
I’m a little worried
:) It all depends how much money people can afford to lose really too...
Hi Thom why not becoming a dealer yourself? And rip other people off instead of them ripping you? :D
It's a tough business I think :) I'll stick with videos for now...
I would buy you a pint if I go to Malta for holiday
@@huahua8chan420 much obliged :)
Assuredly, I tell you, God in heaven is about to take back what is His. In Life's Instruction Manual (aka Bible), God gives us a big hint to His plans and purposes that are already in motion. Haggai 2:8 warns righteous & wicked humans, *"The silver is Mine and the gold is Mine, declares the Lord of Hosts."*