73) Unit Trust vs Gold Investment Account.
1) Gold investment can only increase in value when the gold price increase. Risk of gold price drop and never recover above bought price
2) Gold weight still remains the same over time. Unit Trust asset will normally increase over time.
3) Gold must be bought in certain minimum quantity. Easy to buy & sell Unit Trusts in small quantities.
4) Charges for conversion to physical gold pieces.
5) Annual Service fee if gold falls below certain minimum weight.
6) Gold cannot be changed to other assets. Easy to switch Unit Trusts to other asset types between Equity, Bond and Money Market funds.
7) No reason to keep gold in other countries. Unit Trust can be diversified into different country funds.
8) Can instruct bank to do monthly Direct Debit Instruction (DDI) to buy Unit Trusts with minimum of RM100.
9) Can use 3PF money to invest in Unit Trusts but not invest into gold.
10) Gold bid spread can be higher than Unit Trusts. Unit Trust is transacted at Net Asset Value and Service Charges.
Thank you for some other informative website. The place else may just I get that kind of information written in such a perfect method? I have a venture that I am simply now running on, and I’ve been at the glance out for such info.gold stocks today
ReplyDeleteIs it okay to post part of this on my website basically post a hyperlink to this webpage? gold share price
ReplyDelete