Investment Ideas

Invest Systematically Photo by  Dmitry Demidko  on  Unsplash O ne question that my friends asked after reading the previous post “There are 4 series coming up for Sovereign Gold Bonds which one should I invest in?” “Should I wait for the Gold price to fall more and invest in later one” I wish I had a method of prediction but unfortunately, I don’t. Gold prices fluctuate a lot on a day to day basis. There is a chance that gold prices may go up and an equal chance that they may come down in the next 4 months. However, the general trend is upwards. Unless you are thinking if “Trading” and not investing, it should not matter much. One way to work around volatility is to consider this investment also as SIP (Systematic Investment Plan).  Let’s say you want to invest Rs. 20000. You can divide this into 4 equal parts of 5000 each. Then invest 5000 in 2020–21 Series IX which opens on Dec 28th, followed by 5000 in 2020–21 Series X which opens on January 11 and so on. This wi...

Gold, the metal that has been for ages considered a solid investment and has been passed along generation. Gold a metal that is considered a safe haven during times like today where there is too much uncertainty. In the last 20 years, gold prices have risen 10 times but buying physical gold has its own set of problems, like safety, making charges, concerns regarding the purity, liquidity and we all wish there was a better way to invest in gold. If only !!! If only, I had invested Rs 500 in the year 2000 to buy 1gram of gold. It would have worth Rs 5000 now, a cool 10x growth in wealth. If only, I could buy and sell gold like I buy stocks. If only, I could get some interest on the money invested like FD If only, I would not have to pay for Making charges If only, my gold was safe and secure If only, I could trust the purity Wish Granted As if RBI was listening to all your wishes and answer is Sovereign gold bonds . You can buy gold digitally and it will answer all the "if only...