The Power of Buying 1 Gold Sovereign Per Month

Thanks for watching, looking forwards to chatting in the comments.

"0A319" Even works on their competitively priced best value sovereigns

Would you like a free 1 oz Silver Britannia on your next gold order?

Currently Bullion By Post have a referral offer if you sign up through my link and make a qualifying order as a new customer. Alternatively use code 'NS5DZ7WX' when you're signing up to the website in the 'how you heard about us' section.

Multi Use Capsules with foam insert

The Gold Sovereign Series - Marsh (Fantastic resource for sovereigns - The new version is due out later in August 2024 - I have pre ordered which is currently on a 23% discount ... 2nd link)
The Gold Sovereign Series 2024 Edition

Coins of England - Spink (A lot of info for sovereigns but also other British coinage)

Sigma Precious Metals Verifier I use

22.5mm Capsules (Sovereign, 0.25 oz Britannia etc)

Coin Tube (Sovs and 0.25 oz inside capsules)

33mm Coin Capsules (Gold 1oz Britannia recent years)

Digital Scales (small)

Leather £1 Coin Holder (The blue and red ones I have in the videos, note I don't store coins in these long term they're more for show in the video but haven't done any damage)

This video should not be taken as financial advice and is for entertainment only
As an Amazon Associate I earn from qualifying purchases on some of the above links.

[dillardc]

I stacked gold and silver for 8yrs and sold about half of it for a down payment on my first house. It's a lot easier to preserve wealth when you have something beautiful in your hand.

[bullionaddict]

The power of compound stacking over time.
It definitely adds up, dig it 👍😎

[The_Joker_]

I’ve been doing similar since 1985 I’ve got a substantial stack of 1oz Krugerrands, I’ve stored them in a similar manner to John Wick :) I’m amazed at how it all adds up, especially when there are a few rare coins in the stack.

Great video ❤

[erikbouma]

It’s a very good thing to start thinking about ways to defeat inflation and collect interest such as ETF’s or gold, but “wasting money” on a holiday is quite bold. If you can’t afford to go on a holiday then don’t. But you could die any time and experiences matter. A lot. It’s what life is. The most important thing is finding a balance between enjoying and being smart with assets.

[DavidJames-msrt]

Excellent Spreadsheeting their SS. I work in IT but still put all my purchases in a Note Book!! Before the end of the year I promised myself that they will all be held digitally as well. The only addition would be a column for which years Sovereigns where bought at the time, it might give a bit of additional info as to what years are the most expensive/desirable. Sad I know, but we love our Sovs!!! 😊

[MLTUP]

This is exactly what people should be doing. Instead of buying Phones and Sneakers.

[planetxsurveillance.dinkwi]

I watched this yesterday and today really got me thinking. I have a reasonable amount of gold I just wear and a few sovereigns for investment but it's true about how you waste money in life and that chart made me realise I can actually buy a certain amount a month. Pay myself first and save more. Your information is great. Best wishes dink

[hardergamer]

August 2024 and pre owned Sovereign are now £467 each, so over twice they were back in 2018.

[christophermccormick]

Started stacking Sovereigns because of you. My favorite coin by far due to dates, variety and value. 12 full sovereigns and 11 half sovereigns since I started this past January.
Cheers 🥃

[EveryCloud]

Great Advice!
You can't beat the power of consistency over time to average costs and a good old excel spreadsheet to keep you in check 😃
The key is to stay within your means. So, for some they might be best suited to buy a Half Sovereign, every month for others it might be a One Ounce Gold Coin.
Set a budget that won't over stretch yourself. And always keep an emergency fund to hand as you never want to get in a position of having to sell early.

[AmericanBulldogFit]

This month I began stacking gold sovereigns. I'm going to join you on accumulating 1-2 per month for the next five years :)

[terawattyear]

Excellent plan to get rich slowly. It works very well. I love sovereigns, even though I live in the US.

[ivanmejia]

By no means do I earn a high salary. But, after stacking gold and silver constantly for three years and making several sacrifices; amazed how quickly it all adds up by DCA.

[dameanvil]

0:01 💰 Buying One Sovereign per month can accumulate significant wealth over time.
0:41 📈 Gradually accumulating gold through regular purchases can mitigate the risk of buying at high prices.
2:51 📉 Despite fluctuations in gold prices, the average cost per Sovereign remains relatively low over time.
5:03 💡 Regularly buying gold is feasible for many and can serve as a practical investment strategy.
5:39 💼 Accumulated gold can provide a safety net or be reinvested into other assets for long-term financial security.

[RCTCrashes]

I’m definitely planning on buying more sovereigns for my collection from now on - my last job didn’t pay enough, but my current one gives me more than enough to make buying a few halves, or even one or two sovereigns a month feasible - they’re my favourite gold coin along with the double eagle, and being in the UK means I can stack them without CGT :)

[VintageThings-qywm]

I'm more of a collector. But I now see it from a different angle. Great video. 👍

[jamiefrost]

Appreciate the effort you made 👌👌. Unfortunately my current financial situation doesn’t allow me to buy gold on a regular basis 😭but I do have a few sovs for a nest egg or emergency 👌👌. Thanks again

[AustrianStacker]

60 Sovereigns... I have just 4. :) My spreadsheet is very similar to yours. The major difference is that a friend of mine has connected my spreadsheet to Kitco and it loads the spot prices automatically. Great job. Keep on stacking my friend.

[FinalAffliction]

Yah when you roll it to property it will give you 1 soverign a month profit, then you keep repeating, slow process but eventually it starts getting big.

[foodini]

very few people can do this. but a good idea if you can.