Why invest in gold in addition to your booklet A ?

Gold has been used as currency for millennia. Over time, it even became a standard, that is to say, it served as a reference to define the value of a currency. Today, gold is above all a safe haven. It therefore represents a safe investment, at a time when the economy and financial products tend to fluctuate. However, many French people prefer to turn to bank savings and investment products. So, is it really wise to invest in gold or should you just keep your money in a Livret A and other savings accounts ?

THE BOOKLET A, THE SAVINGS SOLUTION FAVORITE BY THE FRENCH

It was under Louis XVIII that the Livret A saw the light of day, in 1818. Since then, it has undoubtedly appealed to the French, because more than 80% of them have a Livret A to this day¹. It must be said that in the 1970s and 1980s, the rate of this booklet was particularly interesting, having reached more than 8% in certain periods.

Regulated and easily accessible, it allows everyone to put money aside and recover it at any time, since it remains available. However, the rates of recent years make investing in Livret A books less attractive (0.75% from 2015 to 2019, and even 0.5% in 2020 and 2021), despite the increases planned to cope with inflation.

GOLD, A SAFE VALUE TO SAVE AND DIVERSIFY YOUR WEALTH

If the value of gold is variable, the gold metal nonetheless remains an advantageous savings product. By buying and selling a coin or gold bar at the right time, you can benefit from profitability rates of between 2 and 8%, over periods of several years. Whether we are talking about an investment for 3, 5, 10 or even 25 years, gold therefore remains a product that is always more profitable than the Livret A.

With gold, however, we remain dependent on the world price, but we also know that its price is not going to drop suddenly. And even if the price of an ounce of gold falls, it is possible to wait a few months or years before seeing the precious metal gain value again.

This does not mean that we have to say goodbye to the A savings account. Having savings accounts while investing in coins and gold bars allows you to diversify your savings and to secure your assets.

HOW TO BUY PHYSICAL GOLD TO INVEST ?

Some banks allow their customers to buy gold, in the form of bars for example. There are also brokers specializing in this type of financial investment.

Gold can also be purchased in paper format, in other words via shares in gold companies or derivative products of all kinds. But these types of transactions and savings are less secure than physical gold.

This is why you can also buy physical gold on your own, by contacting an agency specializing in purchasing gold, in store or online.

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Gold Union allows you to obtain coins, gold bars and 999 thousandths gold bars, which you receive directly to your home. All our products offered online and in agencies obviously benefit from certificates, assuring you of their authenticity and value.