LONDON, 9 August 2016 – Comment and advice from BullionVault today features in a report on investing in gold from UK personal finance magazine MoneyWise, urging readers to use professional storage for safety and cost.
Contrasting BullionVault users' security with a retiree who, according to one UK coin dealer, sold his entire £850,000 pension pot to buy gold coins and then bury them in his garden, "Don't follow Ron's example," says the magazine's gold investing feature.
"While storing your gold at home may be tempting – you can lay your hands on it whenever you want – your home insurer is likely to insist it is stored in an approved safe that could cost you hundreds of pounds, and even then it is likely to only insure a small amount."
To read the full article, and see a chart supplied by BullionVault, showing how the gold price in Sterling has trebled in the last 10 years, while the FTSE100 share index has plunged and only just regained its level of a decade ago, go to MoneyWise here:
Gold: how to buy, sell and store gold coins, bars and jewellery
