Posts

Gold — The Golden Investment- Continued

Image
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 Golden Investment

Image
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...

Stock updates: Apple

Apple is going from strength to strength. It is difficult to get in at a good price on this very stock. I owned happen when it was 60 and sold it at 72. Since then the price has gone up so quickly that I have been unable to get in. Apple dropped 5 1/2% today. I would wait a little more in hopes that I am able to buy it below 140. Meanwhile Apple has a good news for us, in effect 2 good news. First not so good news. You can now rent movies from itunes. There is nothing new to it has other people already allow you to rent or buy videos for example you can rent or buy videos from Amazon thru DealsEZ.com Video Deals . Now a better news. Apple has just released MacBook Air. The thinnest notebook you have ever seen. The specifications of the notebook are impressive for its size and weight. You would be wondering how thin it is. It is only .76 inches and weighs less than 3 pound. I think right now you would be more entrusted in buying the notebook than the share of Apple itself. You can p...

Stock Updates: AMZN

Image
AMAZON (AMZN) Intially some people thought it was a book seller. They were wrong. Now Some people think it is a retailer. They are wrong. Some other people think it is .Com. They are wrong. Some people think it is technology company. They are wrong. So what is Amazon. Amazon is none of the above. It is also all of the above. It is company which knows how to re-invent itself. It was a .Com. and it still is. It was a book seller and it still is. It was a retailer and it still is. It was technology company and it still is. But now it is also A web service provider. A platform on which people can write a applications. A product developer with launch of Kindle: Amazon's New Wireless Reading Device A provider of music and video with UnBox Videos & MP3 Downloads A meeting place for sellers and buyer by allowing other people to sell Amazon's inventory like DealsEZ.com I am right now monitoring AMZN and would be buying it at any weakness. Happy Investing PS: I have selected so...

Click Software (CKSW)

I have been investing in stocks for about 2 years now but I have till date never written about stocks. The question is why now. The reason is simple, till date I felt like I knew next to nothing. In last two year I have read articles and books from a lot of gurus. Based on knowledge gained and also based on my experiences in last two years I think I am now ready to share my experiences. One more reason is when I started investing in stocks I was misguided a lot by reading message boards. Every one posting on message board seemed to act like a Guru so I felt there was need for some one like me to write honestly without pumping or dumping a stock. I will write only about stocks I own. I would also disclose how many stocks I own. I am in no way a rich guy so my quantities would be small but because I am not rich I would not risk small amounts of money. Before I start writing I would like to ask people to do their research on any company. I am not a very savvy investor. Most of my stocks a...