DizzyWaffle
DizzyWaffle

is it good time to invest in gold?

if yes, why and in what form?

PS. I have some lumpsum sitting idle in savings.

7d ago
6.6Kviews
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DerpyUnicorn
DerpyUnicorn

If you are planning to hold for the long term(5+ years), then it's always a good time to buy gold. If you wish to diversify then you can put some in equity + FD + gold

DizzyWaffle
DizzyWaffle

thanks for the comment. I already have some equity and FDs. Planning to add some gold soon.

FuzzyMochi
FuzzyMochi

Just bought 5 tola, always worth to preserve gold.

SillyPenguin
SillyPenguin

Buy for long term

DizzyWaffle
DizzyWaffle

what form?

PrancingMuffin
PrancingMuffin

Yes. But don't go lumpsum

SillyPenguin
SillyPenguin

Why not?

SparklyBanana
SparklyBanana

Fuck that, did you know you can buy plots of land on the moon , like imagine

SparklyBanana
SparklyBanana

Also gold bonds seem to be a better option to people coz you can the same value guarantee without having to manage or hold the physical asset, so that might be helpful. But imagine, moon plot

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