I have a saved up 10L and planning to invest in SGB in the upcoming window, will this be a good idea to put all the money in one shot in SGB
Putting all eggs in a single basket is never a good deal. Especially when gold is ATH.
Gold will never fall, so go for it.
It would have been better if you invested in last or last to last SGB. Currently Gold is peaking so don’t go all in, specially when Gold nears 80K INR. If you want to be Gold heavy, go split with Gold 30-35 percent, Debt, Contra or Flexi MF 10-15 % percent, Equity 40 percent and yes good old FD 10 percent. Some banks offering close to 9 percent rates now.
avg gold return per annum ~ 8-9 %
Uhh don't invest all in sgb . Break it down then invest .
Hi folks,
Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount.
But I would still like to know 2 things -
We don’t know your risk profile, but your statement gave me a hint of conservative. For a conservative investor...
Bhai mujhe dedo
I am a 23 grad who has managed to save close to 7 L all cash till now. Plan was to enjoy the first 6 months of job and then start with the financial hustle. Seems, I am ready. Need suggestions to allocate ~5L across equity, gold, FDs and...
What would be the best investment options for a Conservative spending style ? Assuming I'm 30 and have a package of 20 LPA. I prefer bulk investments where I don't have to look into the market conditions regularly to update my investment...