What's the best option to invest now?
I am planning to invest 2 lakhs in gold. Please suggest what will be the best option in long term?
- Purchase 24kt gold coin.
- Purchase physical gold jewellery, as gold is sky rocketing.
- Invest in gold mutual fund. Also suggest which is the best to invest? (SIP or one time?)
- Gold ETFs?
- Suggest any gold Saving scheme.
- If anything better than the above.
Gold ETF and mutual fund are same.
Thanks.. i was just checking the SBI gold fund.. is it good to invest?
Do you have any idea if the quant large cap will recover in near future anyway? It's down since quite a long time.
What would be the upside of buying a coin over jewelry? Would it be the purity cost ?
It has less making charges compared to 22kt jewelleries. Plus in future I can exchange them to buy any other jewelleries, where the price difference will be adjusted in the making charges of the jewelleries.
Gold ETF
Get jewellery only if it will be used and appreciated by wearing. Consider the making charge as a cost for the pleasure. Else get coin or bar. Consider getting them from Dubai as well.
