Investing Gold and Silver in Self Managed Super Funds (SMSF)
For over 5000 years, gold has been used as the ultimate store of wealth. Investing in gold or silver through a self-managed superannuation fund can be an effective way to enter the market with long term goals. Your SMSF is commonly a more favourable tax environment in general. Often valued as a “safe haven asset,” gold in particular can be a natural selection for the purposes of preserving and growing wealth for retirement.
Queensland Bullion Company makes the process simple for the trustee to achieve the desired investment result with peace of mind around compliance. For SMSFs that utilise our secure storage facilities we offer complimentary third-party written verification for auditors on the fund’s stored wealth.
Why invest in precious metals through your SMSF for retirement?
As an asset class, precious metals, such as gold, have been known to be an insurance to economic uncertainty. When investing for retirement it offers an insurance against falling property prices, falling share markets, rising inflation and general economic turmoil and volatility.
Not only great as an insurance, it also increases in value over time. Over the past 20 years, Gold has increased on an average portfolio over 350% for Australian investors. It is no surprise then that buying gold in an SMSF is an attractive option.
When planning for your retirement, a diversified portfolio of asset classes should be a priority. You can see the role of precious metals within such a portfolio is very important.
How does Queensland Bullion Company make it easy?
Not all bullion is allowed to be owned by your SMSF. For example, collectibles that exceed that value of the metal are not applicable. Almost all of our bullion bars and coins are permitted.
The requirement of storage, insurance and auditing is perhaps most critical when investing in your SMSF. At Queensland Bullion Company and through Queensland Bullion Vault we fully insure your holdings at replacement value. We also store them in our custom built vaulting facility and audit your holdings on June 30 each year. This helps you comply with SMSF tax reporting requirements easily.
Additionally, you will be able to see your portfolio quantity and value live through our online client portal on our website.
We take care of everything to make it easy for you to receive the benefits of investing in precious metals for retirement. If you have any questions about buying gold through an SMSF, then simply contact our knowledgeable staff for up to date answers today.
