This Own Gold review will look into the products and services of the gold investment firm, how to invest, as well as what the advantages and disadvantages of gold investing are.
Own Gold provides a platform for the extraction and distribution of fine gold bullion and offers returns catered to high net worth and sophisticated investors.
However, we have heard reports that the company has stopped paying their coupons. While we can’t confirm if that’s true, some clients have reached out to us regarding this.
Gold remains a defensive asset, but platforms offering fixed returns or gold-backed notes can carry liquidity, counterparty, and regulatory risks. Investors should therefore exercise caution and carefully verify all claims before committing funds.
Si desea invertir como expatriado o particular con un elevado patrimonio neto, que es en lo que estoy especializado, puede enviarme un correo electrónico (advice@adamfayed.com) o WhatsApp (+44-7393-450-837).
This includes if you are looking for alternatives or a second opinion.
Some facts might change from the time of writing, so potential investors shouldn’t decide to invest or not to invest based on this revise alone.
For updated guidance, please contact me.
Own Gold Investments
Own Gold Products
The firm offers a range of gold-related investment alternatives, such as:
Gold Tranches
Certified sophisticated or high net worth individuals can invest in fixed income products with 24 strategically placed “buy-and-sell” cycles to optimize profits.
Wholesale
Specialized joint ventures with earnings every two months for the best performance over a period of one year that are intended for institutional or ultra-high net worth clients.
Recycled Bullion
This category offers a variety of recycled bullion at a reduced price for anyone looking to purchase large amounts of gold, along with the opportunity to reassess into newly minted metal.
Gold Bars & Coins
A selection of pure gold bullion bars and coins are available to different investors, with prices from 1,000 British pounds. In order to create a well-rounded portfolio, certified coins and bars are included, along with tax-efficient choices for UK investors buying real gold.
Own Gold Services
Own Gold encourages prospective collaborators to investigate joint venture prospects that augment their commercial products and broaden their market penetration.
Businesses and individuals that want to include gold investment choices in their product lines or services are the target audience for this scheme.
Own Gold also enables customers to convert their Small Self-Administered Scheme pension savings into actual gold. Compared to standard pension plans, an SSAS is a sort of occupational pension system available in the UK that offers more freedom and control over investing decisions.
SSAS trustees and members can designate some of their pension funds to buy and hold actual gold by working with Own Gold.
The Innovative Finance ISA funds can also be used by investors through Own Gold to buy gold bars or coins that adhere to HMRC’s purity requirements.
IFISA-held gold offers a tax-efficient means of investing in precious metals since both income and capital gains are exempt from taxes.
Investing in an IFISA, including the gold part, is allowed up to 20,000 pounds per tax year.
The business gives investors the chance to deposit money into accounts that may be utilized for subsequent gold purchases.
Investors can receive interest on the cash they hold too.
How to Invest in Own Gold
Before executing your Own Gold investments, you must first self-certify.
The company has protocols that require people to declare what kind of investor they are based on their wealth, expertise, or level of education. In some situations, further proof might be sought.
Through this method, it is possible to determine whether the investment alternatives the firm offers are appropriate given the person’s financial situation.
Once done, follow these steps:
- Go to the Own Gold website, fill out the account registration form, and accept the terms of service to create an account.
- After you have activated your account, choose the kind of gold investment you want to make.
- Funds can be transferred into your Own Gold account by banks or other approved payment processors.
- Following the instructions on the platform after filling your account, buy gold by following the steps, making sure to check the quantity and kind of gold before finalizing the transaction.
- Using any accessible tools, keep an eye on and handle your investment through your Own Gold account.
- When purchasing real gold, check over Own Gold’s safe storage options and be aware of the costs and choices involved.
Pros and cons of Own Gold
Benefits of owning gold
Own Gold emphasizes the security of gold as an investment that serves as a buffer against inflation and unstable markets.
The platform increases the accessibility of gold by making it simple for regular investors to buy it.
Physical gold is owned directly by investors, kept in safe storage, and available for claim at any time.
The ability to acquire and sell gold with flexibility is normally possible due to its liquid nature.
Moreover, gold provides good diversity for investment portfolios because it frequently has a negative connection with acciones and does well during stock market downturns.
Disadvantages of owning gold
Market circumstances, economic considerations, political developments, and shifts in supply-demand relationship can all cause major fluctuations in the value of gold.
Sometimes, especially during market downturns or times of low demand, investors may find it difficult to sell their gold investments fast without suffering a loss.
The existence of counterparty risk implies that Own Gold or its associates may fail to fulfill their responsibilities, which could have an effect on the investment’s security and worth.
Gold storage carries inherent dangers, including the possibility of theft or damage, even in high-security vaults where it is insured.
Regulation or tax changes pertaining to gold assets may have an impact on their profitability.
When converted back to local currency, foreign investors’ investments in gold may lose value due to variations in currency exchange rates.
¿Le duele la indecisión financiera?
Adam es un autor reconocido internacionalmente en temas financieros, con más de 830 millones de respuestas en Quora, un libro muy vendido en Amazon y colaborador de Forbes.
Be very careful!
I considered an investment in this company but based on the information they sent me, and my independent research and due diligence, I identified a number of red flags. I have almost 40 years’ experience as a financial services professional, so I know what to look for!
Firstly, they state several office addresses around the world in their literature. Their address in Uptown Tower Dubai is a PO BOX; they do not have an office in this location. I also contacted the actual company based at the address they stated in Queensland Australia, and they informed me they do not have an office here either! I suspect the London and Singapore addresses are virtual offices and their registered office is on a high street in a small commuter town in Surrey. Altogether not very compelling!
Next, they claim to be “currently facilitating a trading route with a remarkable €256M in transactions.” What is ‘remarkable’ about that is why a company trading that amount of capital would have the need to raise money from small private investors, offering them rates of return of up to 35% (as stated in their literature)! When you factor in the fact these companies typically pay brokers, sales people and agents at least 20% upfront commission (often as much as 30%), why would you continue to fund a trade route of this size with a 50%+ cost of capital, when institutional funds and ultra-high net worth investors would gladly provide funding for less than 10% at this scale? It simply doesn’t add up!
Then we have the crucial ingredient of any business, the people behind it. A quick search shows they have no background in precious commodities of any kind prior to launching the business, a mere 3 years ago. They are clearly exploiting the gullible by jumping on the bandwagon in what they see as a growth market, but one they have little clue about!
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