Should you SGBs from the secondary market?
My parents want to invest in gold and there are many options like physical gold, digital gold, gold etfs, SGBs and after searching the internet, people are saying SGBs are the best way to invest in gold. But there is no new issue of SGBs and we also don't want to invest for 8 years. We are looking for a 4-5 year investment. So, should we buy SGBs from the secondary market ? Is it a good option or we can invest somewhere else which can beat gold returns..
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Buy SGBs from secondary market. Many duration timelines will be available. Check. https://sgbanalyzer.com/ and wint wealth. Tax free on maturity.
Physical gold lelo
SGB from the original issue has other benefits, not sure we're applicable on the secondary market. Else you can invest in Nifty50, will give you better returns 😀