DizzyMochi
DizzyMochi
6mo

Trending @Infosys; Investment tip for Gold and Silver

Gold just touched 1.15L and silver is also rising light fast... Any suggestions how we can invest in the rise??

  1. Which Mutual fund?
  2. Which Scheme?
  3. Amount required?
  4. what fund?
6mo ago
SwirlyNoodle
SwirlyNoodle

Directky invest in any GOld etf. Gold bonds from govt have stopped else that was also a good option. But trick of investing is never invest when bubble is too hot. And i feel gold is toooo hot. I invested in Covid and more than 150% returns on my money in gold bonds plus 2% annual interest. But can’t say about future . If you want to start , start with 10k per month in gold etf.

DizzyMochi
DizzyMochi

perfect answer for clarity

WobblyQuokka
WobblyQuokka

Just a suggestion. Dont completely invest in a single metal. Divide the investment.

GoofyPickle
GoofyPickle

Is you invest in gold bonds make sure you don't require that investment amount next years as it has 5 year lock in period. I would suggest better to start investing in buying actually gold, tanshiq rivaah plan there which let u invest money like SIP for next 10 month and you have to buy gold for that amount after 10 months

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