What is a Nest Egg?
A nest egg is a substantial sum of money that has been saved or invested, usually for a specific purpose. A nest egg is generally earmarked for longer-term financial objectives, the most common being retirement or buying a home.
The actual term itself has been used to refer to savings since the late 17th century and originated from an old poultry farmers’ trick of placing eggs in hens’ nests, to induce them to lay more eggs. As the chickens laid more eggs, this naturally brought the farmers more revenue.
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Why is this relevant to me?
However, you don’t need to be in your 70s to retire. Increasingly, people are retiring early to pursue their passions, travel the world and explore new horizons. However, in order to do all of this, as well as have a safety net in the twilight of your life, your savings will simply not be enough. Rising inflation, greater life expectancy, low-interest rates and a meteoric climb in the costs of living are threatening to erode whatever you have saved up. In order to build a corpus for a comfortable retirement and be able to tick off every item on your bucket list, you require a well-planned, diversified investment strategy that generates good returns and beats inflation.
Savings with zero taxes
For many of you reading this, by now you may have already begun saving into your nest egg and preparing for your retirement, with either a pension or ISA, or a combination of both. If you haven’t done so already, you should consider starting right away. Physical Gold is an alternative, tax-free opportunity of saving for your nest egg, as easily as you would save into an ISA or Pension. But, the added advantage of certain gold and silver coins is that there’s no cap on the amount you can save per year, no lifetime allowance and zero taxes incurred on any gains you make.So worrying about squeezing your annual allowance into the tax year end is a thing of the past.
Protection and insurance of your assets
Physical gold not only helps protect your other assets but in times of uncertainty, can help to insure them by providing balance. History has shown us that in times of economic and political instability, gold has invariably moved up in value. Physical gold is the perfect solution for you if you want to insure your hard-earned wealth, save for your retirement and protect your nest egg from inflation and taxes.
As gold investment experts, we are ideally placed to advise you on how to build your portfolio in order to maximise returns when investing in precious metals, as well as mitigate your risks and protect your capital. Our investment experts can advise you on how to distribute your investments across asset classes – by literally ‘not placing all your eggs in one basket’. We can, therefore, review your investment goals and objectives, not just for you, but your entire family.
The best bit…
More importantly, we take into account when you want to retire, whether you want to leave a legacy and how you wish to plan your estate. Once these milestones and their subsequent timelines are established, we can then advise you on moving a portion of your investments away from riskier stocks and bonds and placing them into safer and stable investments in gold and silver. Our investment experts can guide you on how to plan these investments over time so that you build up a substantial ‘nest egg’ that you can depend on when you hang up your boots.
A golden nest egg
Gold and silver markets have shown great promise in recent times and fared well in response to the volatility of international equity and debt markets, the falling US dollar, uncertainty in Europe due to Brexit, geo-political turmoil in the Middle East and the threat of global terrorism.
These macro events have seen investors shy away from debt and equity markets and seek safer investment options. In particular, the falling US dollar has seen global investors pulling out of their investments in USD and this has renewed interest in gold and silver. The recent uncertainty surrounding the legitimacy and acceptance of cryptocurrencies is yet another factor that has prompted investors to hedge their risks by investing in precious metals. There has been no better time to consider investing in gold and silver and our investment experts can help you do just that.
Build a nest egg with Physical Gold
With options available for almost any investor and any budget, if you want to build a solid nest egg for you & your family’s future, contact physicalgold.com today by calling 020 7060 9992.
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