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Strangely, it was concluded that one ounce of gold could be

Should you invest in gold

canada goose coats Broadly, there are four ‘asset classes’ or ‘investment options’ which are commonly used to construct a well diversified investment portfolio. These are fixed income or debt, equity, real estate canada goose outlet and gold. Out of these four, gold is most misunderstood and least discussed investment option. canada goose coats

canada goose clearance In Indian context, gold assumes greater importance due to social and cultural reasons. For centuries gold is synonymous with wealth, status, security and protection. In traditional Indian families, gold is regularly purchased on various occasions and festivals like child birth, marriage, wedding anniversary, birth day, dhan teras, Diwali, New Year, Akshya canada goose outlet store toronto Tritiya and canada goose outlet website legit list is long and endless. Also, gifting of gold within canada goose outlet vip family members from mothers to daughters, from mother in law to canada goose jacket outlet uk daughter in law, from parents to children and among brothers and sisters is considered auspicious and is an integral part of festivities and celebrations. As a result, most Indian families canada goose outlet in montreal have acquired or invested significant part of their savings in gold or gold ornaments. canada goose clearance

canadian goose jacket Gold has never helped anyone become wealthier as its prices seem to rise with inflation canada goose outlet miami in the economy and not any higher. If we look at canada goose outlet toronto long term history of gold prices for last 50 years or so, it canada goose jacket outlet sale has at best kept pace with inflation. In other words, gold helps you protect the value of your savings and not enhance it which has to be every one’s canada goose outlet florida goal. Average inflation in Indian economy in post independence era has been in the range of 8 to 10% pa and price of gold has also moved up at the same pace. 500 years. Strangely, it was concluded that one ounce of gold could be canada goose outlet uk fake bartered with same quantity of apple in kg in the 16th century as well as in the 21st century. It was established beyond doubt that gold catches up canada goose outlet uk with inflation in the economy. canadian goose jacket

canada goose coats on sale In canada goose womens outlet context of investments, two asset classes, namely, equity and real estate have beaten canada goose outlet london uk gold handsomely when it comes to wealth creation possibilities of canada goose outlet nyc these popular investment options. Millions of people across the globe have created substantial wealth by carefully investing their savings in equity and real estate as opposed to popular choice of gold. canada goose coats on sale

canada goose clearance sale It is pertinent to mention here that gold has some unique qualities. On a lighter note, it can be displayed and physically worn which can bring happiness, joy and pride to some individuals as opposed to share certificates, mutual fund statements or property ownership papers which naturally cannot be displayed or worn on a day to day canada goose kensington parka uk basis! canada goose clearance sale

Canada Goose Jackets Also, gold is most liquid amongst all asset classes as it can be easily exchanged with cash even on a Sunday afternoon by visiting a jewellery shop or a goldsmith who would happily accept physical gold and give cash in lieu of the same. Same is not true for financial investments or real estate investments. Canada Goose Jackets

canada goose factory sale We are not advocating canada goose vest outlet that investment in gold should be avoided. As a thumb rule not more than 10% of your total investments should be invested in gold or gold related instruments like gold mutual fund or Gold ETF or gold bonds. Our estimate is that most families in India have enough quantity of canada goose outlet hong kong gold and if proper computation is done, most of them will have around 10% of financial investments in gold. In case actual investment in gold is less than 10%, additional investment may be made but not in physical gold. Better option will be to invest in gold ETF or gold Bonds. Similarly, if value of gold holdings is higher than 10% of total portfolio, there is no canada goose outlet london need to sell gold in a hurry. At least do not buy any further gold unless your total portfolio improves over the years and value of gold comes to near 10% of the same. canada goose factory sale

Canada Goose Online Post demonetization in November 2017, there is a visible shift in investment pattern amongst Indians from physical investments like real estate and gold to financial investments like mutual funds and bonds. This is a very healthy phenomenon and should augur well for Indian economy in decades to come Canada Goose Online.

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