Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.
Watch the latest MoneyMagpie Invest podcasts on YouTube.
Gold is going up and up which is good news for those of us who have been investing in it for a while. It’s particularly good news for those who have gold sovereigns in their portfolio. Not only are sovereigns a handy way to keep your gold, but they are also tax-free investments.
We spoke to Andrew from one of our sponsors, Bullion club, who said not only do you avoid paying VAT when you buy them but you also avoid Capital Gains Tax (CGT) when you sell them for a profit as they are considered to be legal tender!
So if you’re interested, see what Andrew says about how to make the most of that extra tax-saving element. Don’t forget to share this with anyone you know who’s looking for a tax-efficient investment.
In this first MoneyMagpie Invest Podcast, Jasmine Birtles interviews Tim Price from Price Value Partners who explains how close we are to a massive crash in the Bond Market. As this market is far, far bigger than the stock market the reverberations will be enormous. Already we are seeing it creaking as yields go up for the UK government, adding billions to the already large debt burden. What will that mean for our savings, investments and pensions?