We are going to say it again, even if it makes us sound like a broken record: gold is cool. But what’s just as cool is that Hugosave will make buying and selling gold easier than cooking Maggie mee. Perhaps, to you, gold is for hedging against inflation/deflation, diversifying portfolios and/or being a part of your long-term wealth plan. Regardless, let’s be honest lah, it’s not always a walk in the park. But what if Hugosave enables you to buy and sell gold in 5 taps or less?
Hugosave Gold Vault – Liquid, Accessible, Safe
Below are some very common concerns we all have when it comes to buying and selling gold:
“I don’t have a lot of disposable income to confidently park in gold leh.”
“What if I need to cash urgently? How to sell my gold quickly?”
“I need to store them safely, but safe places are expensive!”
“I thought gold is for rich people only? I can buy meh?”
“Buying and selling gold is very troublesome.”
Real concerns, real hurdles. So we thought we should make a real change to how we can buy and sell physical gold in the 21st century.
Gold liquidity with Hugo? Solid lah.
Liquidity has an inverse relationship with anxiety. The more liquid the asset, the more at ease we will be. We want to have the option to cash out on our gold quickly when we really need the cash. Hugosave Gold Vault allows us to turn our gold into cash (and vice versa) within minutes!
Hugosave makes gold accessible to anyone
Anyone who wants to achieve Wealthcare® should be empowered to. Hugosave Gold Vault gives us the option to buy, sell and save our money in gold in ANY amount we want. Whether we are comfortable buying just $1 or $1000 worth of gold, we can.
Your gold is, confirm plus chop, safe with Hugo
All the gold we buy is physical gold, and we get to legally own it ourselves. Again ah, not ETF, futures, certificate or options, but real physical gold stored securely in an LBMA-accredited vault in Singapore with round-the-clock security, so don’t play play hor.
Turn Roundups into gold, full auto
We’ve previously covered how Hugosave Roundups work. Every time we spend with Hugo, we generate Roundups, which are then swept weekly into our Gold Vaults to be saved as gold. This way, we are effectively buying gold with zero extra effort on our part.
“Aiya, how much gold can I even buy with spare change?”
Eh, don’t look down on small steps—they can become giant leaps, ok? Assuming we make an average of five transactions per day with an average Roundup of $0.50 per transaction (a super reasonable assumption, right?).
$0.50 x 5 transactions = $2.50
$2.50 x 365 days = $912.50
Is that worth a lot of gold? Oh yeah. Gold is for owning over the long term, so we will probably be putting many more $912.50s into our Gold Vault. By doing what we already do every day, every $0.50 we put away in the Gold Vault matters.
Set monthly gold buy schedules with Hugo
We can grow wealth without having to lift a finger by setting a monthly schedule for Hugosave to buy gold on our behalf. For example, if we plan to save $1000/month, instead of keeping it all in a bank account, we can save some into our immediate cash pile and the rest as gold where they can grow.
Buy and sell gold conveniently and confidently
Hugosave Gold Vault also lets us buy and sell gold manually. It even has a live gold price tracker so we know when is a good time for us to either buy or sell gold in the app.
It’s very easy, just 3 steps:
- Tap on that Gold Vault tab in the bottom right-hand corner of the screen.
- Tap on Trade Gold.
- Choose how much gold you want to buy or sell
And we’re done! No complicated sign-in, no need to go to banks or gold shops, super simple interface. Just note that every transaction has a tiny 0.5% admin fee.
Get your Gold on!
Win up to S$80 in Goldback® when you complete all in-app Quests! Read more about our new Rewards Centre here.