What's your say? 10% of portfolio is fine through sgb way??
Like 1 lac for 10 lac portfolio
Gold is one asset that should be in physical form instead of electronic form.
Not true entirely. It is costly to keep in physical form. Do you know the bank locker rent?
Even SGBs have charges which eats up in returns.
Not to forget, physical gold is more liquid and can be used in any emergency unlike SGBs which come with lock-in period.
Sorry I don't know shit about investing but if interest is only 2.5% then isn't it just better to just keep money in an FD as an individual investor?
I understand hedging your portfolio but I really don't expect a market depression in 2-5 year period
In long term, Gold has always beaten fd rates. Period.
Only if you can hold for 5/8 years as selling in secondary markets will attract taxes.
Yes
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
I have around 8 lakhs in my bank account, and I was thinking of buying a car worth around 15 lakhs after 6-7 months. I have a few SIPs that I've been investing in for a long time, and I was thinking of investing this money for the next 6...
