Investment in Gold - Physical or Gold Bond
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Welcome to my blog. I am good and hope you all are also fine and enjoying the life.
When ever we talked about the saving and investment, we always get the advice that do not trust just one instrument. Putting the eggs in different basket is the good strategy. The saving in Gold is one important part of investment. The price of Gold has been appreciated in a fast peace in past years and that the reason the precious metals are in lime light. No doubt the Gold is important asset and should be in our portfolio for sure. If we look into many successful investors stories then the Gold in one assets they have kept in their portfolios and that shows how important is Gold in you are looking are serious about investment. After my marriage my wife started investing in the Gold, ladies are very much attracted by the precious metals and stones and I am very thankful to her for the same because whatever small amount of Gold I have is because of her efforts. She suggests to save one part of our salary for gold purchase and for it she joined one group create by one of our known jeweller. Hello took a small amount every month and at the end of 11th monthly they add amount equal to the monthly investment we were doing. After one year we can purchase the Gold with the amount accumulated. In this wasy we targeted to purchase 10 grams of Gold every year, fortunately the price of the gold was 1/4th of the current price. I really love the idea as this make us disciplined towards the investment and I also learned that the discipline is very important even if the investment is small.
Gold bonds
Keeping the Gold in physical form has this own advantage and disadvantage also. Let's talk about the disadvantage and very first come into our mind is the loos of Gold as it can be stolen. For those how do not want to take such risk the Gold Bonds may be the Gold option. The Gold bond means no physical Gold will be provided and instead of physical a government document of value equal to the Gold purchased value will be provided. The bond will appreciate in the similar way the physics Gold. This is a decent way as the main assets is appreciating as well as the holder also get the intrest on gold value. This intrest part is additional benifit which is not available in case of physical Gold holder.
To be honest I have not tried the Gold Bonds but now exploring the same. People has sentiment attached with him physical Gold which is in case of the Gold bond. And yes you can not show off you assets which is very popular here.
Investment in the form of gold ornaments
In my opinion the investment in Gold in the form Gold bond is better then Gold Jewellery as their and many other changes are also associated when we purchase the jewellery like making changes. The purity is also a area of concern when we talked about the Gold jewellery. Yes the one big benifit of ornaments is that you can wear the jewelry and show off it to other which is not possible in case of Gold Bonds. Yes the purchase of bars or the coins is more effective investment then ornaments. The other benifit is the option of taking load in case of the urgent requirement. You can easily get the loan for. A reputed ba k or agency very easily against the Gold assets you are holding and the interest rate are lower then the person loan.
The Silver is the other precious metals which is appreciating the same way the Gold is appreciating. If you look at the graph of both the assets over the past years then you will see the same trend.
What are your view let us know in comment section.
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