Question: Is gold investment good idea?
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Answer #1:
Yeah its gud idea.. but think & do.. bcoz it will take more investment also...Answer #2:
yes Dear,if u see the market of gold and other investment as like Freehold plat etc. past then or fifteen years.
gold is a good performer in the market other than share and etc.
if u like to invest in gold that seems you already analyse the performance of plat and u choose the gold that means u r not uinstreted in Plating investment
So Ur idea is good for investment for the long period, by help of them u r eligible for the TAX DEDUCTION .......
which is very important.
Answer #3:
If (all precious metals) don't exceed 2-3% of your total portfolio than it could be an OK investment. I'm personally out of all precious metals. I'd only invest in the ETF "GLD". That way you avoid high hidden fees, costly shipping and storage fees... and quick, cheap sale of the metal when you want to.The gold trade is pretty "crowded" right now.... many novice investors are getting in. This usually is a good indication that a "top" has been hit.
Answer #4:
Gold is a good investment, provided it is limited to 10% of one's portfolio.Answer #5:
If you are actually going to use jewellery, nothing like buying gold in that form. The making charges and jeweller’s profits are worth paying for, if you are getting the chain or earring you have always desired. But there is eminent wisdom in buying gold as an investment too, to about 5%-10% of your total assets.Let’s look at three ways to buy gold, starting from the worst to the wisest way.
The first: people in the gold selling business are the Banks, with their Gold coins and biscuits. They have special offers on Akshaya Tritiya, Dhanteras and other festive days. Not surprisingly, this is probably the most expensive item for you. Banks charge no less than 8% charges on the prevailing price. You then have to spend on a locker to keep it safe. Worse, they don’t take the gold back; so should you wish to sell, you would need to run from pillar to post trying to get a good rate.
If you do not have DP or trading accounts, mutual funds are now a simple way to buy gold. They offer gold-related funds such as the DSP BlackRock World Gold fund. For a fee of only about 2% a year, you can invest in these funds, who buy and hold gold on your behalf. You have the option of systematic investment too. Best of all, you can redeem them at a day’s notice, at the prevailing market price (NAV).
If you have DP and trading account, a gold Exchange Traded Fund (ETF) is the best way to buy. They perfectly track the price of gold, and cost less than 1% a year. Kotak, Reliance, UTI and some others have Gold ETFs. You can buy them the same simple way you buy shares – just lookup the symbol and place a ‘Buy’ order. These ETFs too buy the metal on your behalf and store it for you. Whenever you want, you can also sell them in a similar single click, at the prevailing gold price.
Answer #6:
Gold coins have a value that is not necessarily related to their amount in gold. Their value depends more on its rarity for collectors. Gold coins can be a good investment over long periods. It should be noted that the costs associated with buying, storing and resale can be up to 10-15% of the total. Few obvious advantages and disadvantages of investment in gold coins are as listed below:* The gold coins are a relatively liquid as they are so easy to sell and buy.
* Low initial investment compared to buying a gold bar.
* People invest in gold coins considering them as safe haven.
* However, we usually can not buy anything in life every day with gold coins.
* There are a number of fake gold coins in circulation that are difficult to identify by non-professionals.
* The difference between the purchase price and the selling price (“spread”) is important – about 7%.
Answer #7:
It's the "drunk at the bar" investment of the moment. Go to any bar in the country and sit there for a little while. You will eventually hear several people say gold is a huge buy and that their cousin's, step mother twice removed has made a fortune buying gold. They may even tell you they bought a bunch of it. They are the back of the herd and them praising it means you're nearing the top of the bubble. The same people thought flipping homes was a good idea just before the real estate market crashed, or that day trading was great just before the NASDAQ imploded. Gold is a sell not a buy.Answer #8:
investment in gold is one of the most secured investments these days because its price is going up and up. It is a good investment.Answer #9:
Gold as an investment is not a good idea but a GREAT idea. But investing format is the tricky part?I feel investing 40% on Ornaments (BIS Hallmarked) impress ur wife :) & 60% on swiss gold bars which you can purchase from any local jeweler (NOT in BANKS or bank coins where the premiums are very high). I came across a website www.dgold.in - he basically buys and sells bullion, gold, silver at very basic margins. Visit his website and get more details. Ive done a few transactions with him with no hassles.
Answer #10:
Gold has maintained an average "value" (adjusted for inflation) of between $310US and $627US for SIX HUNDRED YEARS....if you think humans have suddenly changed their fundamental nature in terms of greed & fear over the last decade, then maybe gold IS "a good idea", but if you think "people are people" then a sudden bursting of the gold "bubble" and a return in price to that "$300 to $600" channel would be a FAR smarter thing to bank on!Answer #11:
Investing in gold is a safest bet. Gold prices are likely to rise and this is one of the reason I recently invested in Swarna Mudra - gold coins and bars launched by the ReligareAnswer #12:
Absolutely. However, to those you say it's risky -- like with any other investment you want to do, please do some preliminary research. There are a lot of corrupt gold "dealers" out there. Know the trends, and how much you'd be paying for gold coins, bullion, etc...Here's a good link to track gold prices, trends, etc:
Click Here
Answer #13:
it's better to buy some small gold producer , they will benefit most as the gold price rises .** Powered by Yahoo Answers
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