Digital gold investment, jar and gullak real or fake?
Hello everyone I'm new in investing, exploring on my own. I wanted to know thoughts on daily digital gold investment of ₹10-20 through apps like jar and gullak. I have 3 questions 1. Is digital gold investment a good option and worth it? 2. Are jar and gullak genuine ? (give easy investment plus withdrawal) 3. If they are genuine, which one would you prefer?
UsedSundae
Stealth
2 months ago
Why not go for Sovereign Gold bonds backed by RBI
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ValuableQuill
Student
2 months ago
I would recommend you to watch this video by Shankar Nath. https://youtu.be/9UWNdpryusM?si=1bPt3A6LkDd9b4wC
BitCoin
Stealth
2 months ago
For gold go physical no digital.
If you want to invest in commodities and stocks first open a demat account with a decent broker (Zerodha my personal fav)
If you looking to invest in bond you can consider the following
- Soverign Gold Bond: Long lockin period but tax free (not the interest)
- GoldBees : Kind a stock