Increase in Gold Price

[Sethu96]

Nee Girl ah, Unaku enda Gold price eruchuna bayam ipadi silla mind voice varalam but nalike en life la girl vantha to put my name as last name and en name ah initial ah poda oru angel papa vantha..For that and financial backup ku also..Naan Konjama vangi vekalam nu irunthen but konjam kooda vagatha alavuku uptick agiduchu Gold price, Keta 3 wars nadakutham - I know 2 only Russia vs Ukraine, Israel vs Palestine, innonu enna? Or India election ah? Ok Vishayathuku varen shall I wait or ini kami aga vaipu illai raja means physical gold ah or Gold bonds la konjam invest pannalama? Atha vangura intha vanguren nu tax ah poduranga.. Evolo night shift parthu irupen asalta tax potutaranga, ippo pudikira tax en palla years oda total salary ku mela iruku, pesama Dubai ku poidalam nu adikadi kanavu varuthu, tax um illa gold konjam kami nu neinakuren, but anga pei mazhai ahme..Sari Sari ennada post ithu nu sollama konjam idea kodunga is it worth to buy gold or any wise investment options..

 

[Vanathi]

Mutual fundsla pottu vainga. thevai padurappo eduthu gold vaangunga. That way u will get benefits of compounding.

 

[Agnii]

Historically, the best time to buy gold has always been 'today' and the cheapest price has always been the CMP.

It has been growing at CAGR of 11-12% broadly. During uncertain times like recession or COVID, it has grown at 20%, because people pull out all the money from equities and invest in gold.

In my opinion, Gold price can never crash. There might be a small dip here and there, but there has never been a case where Gold was available at 30% or 20% discount from all time high and it never will be.

So for your future plans that you have stated, keep accumulating gold coins on a monthly basis and exchange them for ornaments when the need arises

 

[Sethu96]

Agree the facts, will start buying coins..thanks for the detailed suggestions..

 

[Goodie]

தங்கத்தை நகை, நாணயங்கள், கட்டிகள் போன்ற வடிவில் வாங்கி வைக்கலாம். தங்கத்தின் விலையில் எப்போதாவது வீழ்ச்சி ஏற்பட்டாலும் பொதுவாகவே தங்கத்தின் விலை உயர்ந்துகொண்டேதான் இருக்கும்.