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
Why not go for Sovereign Gold bonds backed by RBI
I'm really new in investing and earning both
Pinged you personally
download auraGold :)
I would recommend you to watch this video by Shankar Nath. https://youtu.be/9UWNdpryusM?si=1bPt3A6LkDd9b4wC
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
I also don't understand the business model of jar, how can they sustain, they started finance model to give out loans...
Neither. Stay away from them. Either will get acquired for peanuts or will shut shop
Is it a good idea to buy physical gold as an investment? Please let me know your suggestions
Based on the numbers given, their daily transacting users should be around ~400-500k.
10M app downloads or 2 cr users as per app store. Definitely shows a leaky bucket in retention but impressed that half million transact everyday.
Any...
Personal opinion but Didgital Gold is not a good investment option. There are better options like Gold ETFs in which ...
