All that Glitters Is Gold
Back in September 2023, I wrote a post pondering whether it is time for me to start including physical gold and silver into my portfolio after watching the Channel News Asia documentary on the Singapore Reserves. At that time, I think I should follow the footsteps of the smart monies, especially the Singapore reserves, to allocate a small percentage of my portfolio into physical gold and silver. Initially, I was looking at adding 50 grams of gold into my portfolio per year, but later in January 2024 , I changed my mind and decided to lower the allocation to buy 1 troy ounce (31.1 grams) of gold into my portfolio per year instead. In Singapore, there are many online and physical stores where physical gold can be purchased. Personally I prefer to collect physical gold over paper gold. There are many platforms where physical gold can be purchased, through United Overseas Bank (UOB), or through private dealers like Silver Bullion Singapore, GoldSilver Central and BullionStar. For m