Since 2001 the gold accumulates a high of 600 % . In 2011 , while the Bovespa index lost 18.1% , gold recorded a high of 4.21 % . In 2012 , gold was the most profitable investment , and analysts have expected that the upward trend will continue, as long as the uncertainties in the global economy
With a recovery so it is normal that many investors ask themselves " How to invest in gold ? " ..
How to Invest in Gold
1 . Gold as a financial asset
Gold is considered one of the world economy safer financial assets: besides being a physical asset , also backing the monetary reserves of many economies around the globe , with their value and demand always guaranteed .
As a result , gold is considered a store of value and a safe haven in times of crisis and financial instability . In the case of disbelief in equity markets and debt securities of a government , gold is a hedge against devaluation that other assets will suffer .
The Dollar also usually have this store of value function , however it is also subject to crises , gold always ends up being the reserve of last resort . How did the American crisis began in 2008 , when the price of gold recorded strong appreciation .
For these and other factors , gold reached a very high rentabnilidade in recent years , as seen in the chart below .
How to Invest in Gold
2 . Risks of Investing in Gold
First of all , do not be fooled !
Despite being a safe haven in times of crisis , gold investing speculatively is not synonymous with safety or profitability. Quite the contrary , the value of gold changes every minute and is extremely volatile because of its high liquidity in the secondary market.
Furthermore , the factors that affect gold prices are quite diverse , to name a few as an example:
Monetary policy in many countries around the world ,
Supply and demand of individual investors on the stock exchanges of the world ,
Import and export flows of metal between countries ,
Periods of seasonality during the year ,
Natural factors that may affect the extraction of gold
For short-term investments
Much knowledge on the part of the investor is required in addition to daily monitoring of the market and the prices of the asset. For the individual investor who has an average knowledge of the financial markets , it is generally recommended to opt for other investments easier to control, as shares in large companies or government bonds .
For long-term investments
The recommended plan is an investment in order to protect their capital from sudden fluctuations in the economy , and if possible seek to buy it in times of relative economic stability , when demand is lower and the price tends to be lower.
Now that we know the risks , we go to the answers of your questions : How to invest in gold ? When investing in gold ? What is the process and cost to invest in gold ?
3 . How to invest in gold ?
To start your investment in gold the first step is to choose how you want to invest. There are direct and indirect ways to bet on gold as an investment , the most common and advisable are: Futures contracts , mutual funds and physical gold bars . We'll talk about other ways , however we do not recommend using these as investments and explain why.
a. Futures contracts at BM & F Bovespa
If this is your choice , the next step is to seek a financial institution registered with BM & F Bovespa , can be a brokerage firm or your bank (see here all Brokerage Securities Bovespa ) .
Fractional contracts 0,225 g to 10 g , or contracts filled with 250 g are traded . For this system, and achieve greater liquidity for buying and selling , the investor only pays the brokerage fee for trading , custody is up to the broker . In this type of trading investment in gold is similar to investing in equities and as well as the taxation of the income tax on shares is exempt from income to smaller investments than R $ 20,000.00 tax.
In addition , can also be explored other forms of trading as purchases and sales terms and buying gold options , giving greater flexibility to the investor strategy that can strategize how to invest in gold .
This mode is recommended for investors who wish to invest in the short and medium term , speculatively about the value of money . However it is recommended that the investor already has some experience in this market, before making this investment .
b . Physical gold in bullion
To buy gold bars in the process is a bit more complicated : we must find a financial institution that has marketed this product, do register and prove their income on purchases above R $ 10,000.00 .
Furthermore , we must find a custodian to hold your gold and pay a monthly custody over the total amount retained, this can range from 0.07 % to 0.15 % .
Another option is to buy physical negotiate directly with a distributor of metal, such as OM DTVM and Marsam DTVM , and maintain custody at home. In which case the distributors usually charge a fee of 1% of the value traded .
It is noteworthy that in this mode the risk of losing the asset is higher since I would not be maintained within a financial institution holding security and insurance for assets held in custody . One of the disadvantages of this form of investment is less liquid at the time of sale , and more difficult to find a counterparty willing to buy at market price.
c . Funds investing in gold
This is certainly the most affordable option most investors , since you do not have to worry about the bureaucracy of buying gold in cash and not with the intricacies of the futures market .
With funds investing in gold, investing outsources the management of this asset to a professional manager . The background can be either passive , buying gold and simply suffer the variations in price , or active , who buys and sells gold according to the current market , seeking higher yields .
Examples of funds that perform this investment and gold are :
- Gold Box FI Multimarket LP : minimum investment of £ 5,000, administration fee : 1.5% per year.
- Orama Gold Fund Multimarket Investment: minimum investment of £ 5,000, administration fee : 1.1 % per year.
4 . Other ways to buy gold
Other less popular ways to buy gold is through the acquisition of jewels and the informal market . Why , in none of these are recommended as a form of investment .
a. Buying Gold Jewelry
Can be configured as an investment , in the sense that the price will rise tied to the gold price . However , one should remember that there is a maintenance cost of jewelry in addition to the work of the jeweler and the jewelry brand , paid on purchase , may not be transferred at the time of sale.
Negotiations with this type of merchandise are made by pawn operations , which today are centralized by the Caixa Economica Federal in Brazil ..
b . Informal Gold Souk
It is represented by hawkers gold representing certain trading houses .
Although the cost of trading is lower in these cases , it is extremely unwise to buy gold this way, because the produce may have been tampered with, there is no guarantee liquidity in the event of resale, no records of legal origin of this gold and many of these places act clandestinely .
5 . When Investing in Gold ?
Remember that the price of gold in Brazil tends to follow the contract traded in New York ( COMEX ) and therefore includes exchange variation on the account. Thus , whenever the dollar depreciate against the real mean that part of the gain from the appreciation of gold in Brazil will be compromised by the difference of the devaluation .
As previously mentioned , the price of gold , unlike other assets , tends to rise in times of instability to fall in times of favorable economic situation. For long-term investments for capital protection , look to make the purchase off times of economic crisis ..
how to invest in gold .
For the long term , it is worth remembering that gold is an object of desire for thousands of years centuries , and all indications are that it will continue like this for a long time .
Or have you ever met a woman prefers shares of VALE3 instead of jewels ?