Where should an amateur go to invest in gold? This is an important question for the first time investor. Fortunately, there is a wide variety of Gold suppliers when you search online and this is a good place to start.
Make sure that whoever you look at is fully authorised to deal in gold and says so on their web site.
Creating your shortlist online is a good first step since you can compare prices but make sure you compare like with like since there are a wide variety of gold brands and not all supply gold of the same quality.
Amateur gold investors need a trusted source.
The simplest way to find a trusted source is to buy a trusted brand name in Gold. There are a large number of Gold brand to choose from and they include brands such as:
A good dealer in gold will offer you these reputable brands and many more.
How do amateur gold investors find a trusted supplier?
Finding a trusted supplier takes a bit of research but most of the information is online. When you review the websites of potential supplier look for some important indicators such as;
Give the supplier a call and see what you think.
Should amateurs buy gold online?
Buying higher value products online has become very secure so gold is no exception to this. Most reputable gold retailers will ensure that your gold purchase is shipped to you in a secure and discreet manner so don’t worry
How should amateurs store gold?
You have bought your gold and you now want to store it safely. First thing is to make sure that you have insured your Gold against loss or theft. Your insurers will insist that you either buy a high-quality safe and install it at home or store with an approved third party. Many gold dealers will offer high quality secure facilities as an alternative. One of the popular locations for storage is within one of the four ‘Assay’ offices in the UK in London, Sheffield, Birmingham and Edinburgh. They were originally formed to test the purity of gold and other precious metals but now have a wider role.
I am an entrepreneurial retailer and wholesaler with a strong track record of achievement and success in E-Commerce within a B2C environment.
For over 30 years I have successfully founded, created and operated businesses within Men’s High St retail and online optical. I’ve built successful, high-performing teams – both technical and non-technical and always enjoyed developing profitable, long-term relationships with clients.
It hasn’t all been plain sailing. I’ve learnt some hard lessons along the way that have shaped my ‘people first’ approach. I have a laser focus when it comes to margin, I believe profit tops turnover, cash is king and putting the customer first builds the right reputation. I’ve worked extensively with clients and suppliers all across the globe – giving me a truly international perspective in understanding cultural nuance and sensitivity.
By the very nature of my career to date, I have a very broad business experience and perspective. From developing international supply chains, merchandising and store design to raising VC funding, negotiating with banks and property agents and building high performance E-commerce sites – I believe I can bring value and insight to solve a broad range of business challenges.
Throughout my business career hindsight would have been a wonderful thing. I feel that I’m now able to share my knowledge and experience with others and help them avoid pitfalls and overcome the challenges that I’ve faced over a thirty-year career. In addition I believe my e-commerce knowledge and experience is very much at the cutting edge – enabling me to not only support ‘traditional’ small business – but also add value to those looking to establish themselves in the digital economy.
E-commerce business seeding and transformation
I am also a Director of London Gold Bullion.