Money matters
Invest in Gold.
Hot Threads
Topic owner: Kripa Parekh: I am definitely not declaring that Gold is the only good investment but its a fact that the growth rate has been much higher than the conventional rate of appreciation over the past couple of years. However, if we look at the past 15-20 years record, it is seen that Gold stands as the only best left option against inflation.
Prabhakar Singh
Is it safe to deal in gold funds. and how much profit can you get in it?
Brinda Ghosh If you are one of those people who keep buying gold jewellery for a marriage of a daughter or son, a better option would be to buy gold ETF units now at the current price of gold, hold them in your demat account, and sell them in the future, whenever you want, and use the money to buy jewellery then. In this way, you will be protecting yourself from rising gold prices, while also sparing yourself anxiety about the purity and safety of your gold. You can keep accumulating gold at a slow rate, perhaps even one gram at a time.
It is evident that gold is an asset class that you can rarely go wrong with. Therefore, think seriously about investing in gold.
It is evident that gold is an asset class that you can rarely go wrong with. Therefore, think seriously about investing in gold.
Trishna Ghatge
How do you invest in gold?
Gaurav Well in India generally investing in gold means buying gold jewellery while i would also like to tell you the other ways available for investing in gold, but its your decision how you want to.. You can invest in gold by buying Gold Exchange Traded Funds (ETFs). Being funds, these funds are listed and traded on the stock exchange i.e. you can buy and sell them like any other stock on the stock exchange, on a real- time basis. You just need a demat account and a share trading account with a broker or sub-broker who deals in stocks. These are traded in units of one. That means you can buy one or more units at a time. Each unit represents approximately the market value of one gram of gold. These funds are traded close to real-time gold prices in the market, that is, ETF prices move up and down with the market price of gold in the conventional marketplace. Your expenses in an ETF would be very low: you would pay securities transaction tax (STT), brokerage /service tax, and the like, which are unlikely to exceed around 1% of market price. You’d hold gold in demat form in your demat account, just as you hold shares. If you decide to sell your ETF units, you can do so through your stock broker or sub-broker and the charges would be the same as what you paid while buying the ETF. Thus an ETF is very convenient, and you need not worry about the purity of the gold, secure storage, insurance against theft, and so on. unlike the gold jewellery..
John Lingtin Gold can be bought in various forms. You can either buy it in the form of physical gold — bars, biscuits and or coins or even in a dematerialized form. Usually gold purchases mean buying jewellery. However, the disadantage of buying gold in the form of jewellery is that its resale is not always a profitable proposition.
Brinda Ghosh
Also, another aspect of investing in gold is that it retains its true value and can help you protect your riches because it does not depend on the markets trend. Therefore, investing a small portion of one’s investment portfolio in gold would be a good idea.
Nikki Steggall Are you trying to say that we should buy gold when its at its lowest price and then probably sell it off when its prices are touching the sky. please suggest
Gaurav
Moreover for the last 20 years, the average return from Gold has been around 7%. So, if the past trend continues, one could expect around say 6-9% returns from gold in the long-term.
Jatin Seth well said and for centuries gold has been the ultimate cushion against the dangers of stocks price falls, fluctuating rate changes, inflation, rising/falling real estate prices, natural calamities, wars and more. Gold has been the best way to safeguard your investments against unstable financial markets. So if you want you can invest in gold.
