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.
Imo, 20% of total asset allocation via SGB only. Extremely efficient and liquid.
Rest 80% ?
60 Equity 20 Debt RE isn't counted in the asset-alloc. It's illiquid and notional.
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.
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 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...
Has anyone invested in SGB's or is it worth investing? If yes, how to invest and how much amount are you investing.