If it sounds too good to be true, it probably is...

Sales Manager

Software Engineer

Evaluate options like SGB compared to Gullak. I think 10 - 12% return is factored as CAGR for gold and 4 - 6% is interest that they offer. I think they don't fall under the purview of either RBI or SEBI. So, if anything goes wrong, you don't have regulator safeguarding retail consumer interest.

Business Analyst

Don't do something your grandparents wouldn't do. What's the point of getting 5% more if your capital (100%) is at risk? Better to know the risk and put your money in mama Earth

Product Owner

Hi Viners! Any feedback on Gold investments at Gullak? Do they actually give 16% returns?

Welcome to Personal Finance's Private Community

Hi Viners!
Any feedback on Gold investments at Gullak? Do they actually give 16% returns?

Gullak App Feedback

Growth Manager

Gullak App Feedback- Grapevine

Any feedback on investing in Gullak Gold+5% program as a side alternate investment? How do the final returns after accounting for all taxes, gst, etc. compare against similar risk investments.

Gullak review/feedback

Business Development Manager

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?

Digital gold investment, jar and gullak real or fake?

Software Developer

Welcome to Indian Startups's Private Community

Hey everyone this is technical co founder of digital gold investment platform AuraGold, been working on this product end to end(tech side) from last 6 months, as of now we have 15k users, we are not cash positive yet but we are working on user growth, planning to apply for YC W24,would love to have your views on my work. :))

https://auragold.in

auragold

I have invested most of the amount in MFs and direct equities and now thinking to invest in gold via GoldBees. Is it good to diversify investment via it?

Are GOLDBEES worth investing?

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 users or people you know who invest?

Curious on why people save in digi gold offered by such platforms

Product Manager

This is a real ad of Jar wtf

Consultant

1. Hedge investment portfolio during downside
2. Taxfree after maturity
3. Interest of 2.5%
4. Diversification of portfolio
5. Gold is heaven when inflation is high and macro is down due to its IMF reserve and Money printing capabilities.
6. Can buy sell if bought through digital apps like grow or Paytm

What's your say?
10% of portfolio is fine through sgb way?? 

Like 1 lac for 10 lac portfolio

SGB Tranche 3 @6199/gm ~2.5x tax-free return in last 8y

Senior Consultant

SGB Tranche 2 Sep15 ~5923/gm

What's Gold ETF? Worth investing?

This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently.

This has been going on for quite some time and they recently did some layoffs too!

These are some of the early signs when things start to go wrong.

Not sure about their numbers. And even though Indians really love gold it's not an investment. It's a hedge. 

Let's see what happens in the next 12 months.

Prediction - The next startup to fall will be Jar

Which mutual fund investment apps would you recommend that offer good control over invested funds? Why would you recommend it?

On the contrary, which apps should I avoid at all costs?

Best mutual funds app for India

Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔 

What do you guys do with your salary, it would be great if you can share your investment strategy and how do you keep yourself motivated to stick to it

What should I do with my money

I have interviews lined up. Please share some insights

Khatabook or Jar?

Are SGBs worth it? What happens if we buy from the secondary market instead of RBI? How is the interest calculated for those? Is the interest taxed as per slab?

Gullak App Feedback

Discover More

Personal Finance on

by Kendall Hyrum

Stealth

Gullak review/feedback

Personal Finance on

by Kalan Olive

Persistent Systems

Digital gold investment, jar and gullak real or fake?

Indian Startups on

by Anise Everett

SAP

auragold

Indian Startups on

by Kendall Taye

Stealth

Are GOLDBEES worth investing?

Indian Startups on

by Dezi Carmden

Stealth

Curious on why people save in digi gold offered by such platforms

Personal Finance on

by Coy Lee

Stealth

This is a real ad of Jar wtf

Personal Finance on

by Coy Hyrum

TCS

SGB Tranche 3 @6199/gm ~2.5x tax-free return in last 8y

Personal Finance on

by Blair Lee

TCS

SGB Tranche 2 Sep15 ~5923/gm

Personal Finance on

by Kendall Denver

Stealth

What's Gold ETF? Worth investing?

Indian Startups on

by Isaiah Nadeen

Startup

Prediction - The next startup to fall will be Jar

Personal Finance on

by Coy Gabriel

Startup

Best mutual funds app for India

Personal Finance on

by Jordon Vernon

Slice

What should I do with my money

Indian Startups on

by Jordon Gabriel

Fintech Startup

Khatabook or Jar?

Personal Finance on

by Anise Everett

Arrow Electronics

Sovereign Gold Bonds

Personal Finance on

by Dezi Dean

Wipro

Investments