- December 2, 2023
- Posted by: legaleseblogger
- Category: Related News
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Investing in Gold: Exploring ETF Options for Minimal Fees
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Hello everyone,
Recently, I’ve become interested in diversifying my investment portfolio by allocating some of my funds into gold. However, I have no interest in physically holding gold in my possession. My ideal scenario involves purchasing an ETF that is directly linked to physical gold, all while incurring minimal fees.
As I’ve been researching potential options, I’ve discovered that products traded on the Japanese market may provide me with the opportunity to acquire gold at lower buying fees compared to those traded on the US market. Despite this, I’m finding it difficult to pinpoint a suitable financial product that aligns with my preferences.
For context, my accounts are held with SBI (including NISA and Tokutei). If this information is relevant to any recommendations, please feel free to consider it in your response.
With that being said, I would greatly appreciate any suggestions or advice that anyone in the community may have regarding ETFs or other financial products that meet my criteria.
Thank you in advance for your help and guidance.
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****** just grabbed a
1540 is one where the gold is actually stored in Japan (handled by MUFG, with Mitsubishi Heavy Material as the actual seller) other are held abroad.
edit: with SBI you would find them under Õø¢Õåàµá¬Õ╝Å > ETFÔÇóETN > Úçæ
You can’t invest in gold because gold doesn’t have any cash flows.
That said this article has a list of 4 TSE listed gold funds, if you really are set on speculating: https://kabu.com/kabuyomu/money/764.html
I have a small dca of gold on Rakuten it buys automatically a small amount
just search for section ÚçæÔùïÚèÇÔùïÒâùÒâ®ÒâüÒâè rakuten has it, sbi should have it too. then you can buy as much as you want. though gold is manipulated market. I would not jump inti it, but everybody for their own preference.
You can buy ETF linked to physical gold.
SPDR the largest physical gold ETF has a tranche in JPY listed in Japan. the code is 1326. I bought some on my account at Nomura securities
But the better option is to open an account at Interactive Brokers were fees are cheaper and gives you access to almost everything, including very cheap physical conversion from JPY to USD or any other currency.
You could buy PAXG (backed by physical gold) and store it on your cold wallet.
If you want yield, you could even stake it for 3% per year. You could also use it as collateral and borrow fiat money against it. But then you’d take some risk, not your keys, not your gold.