Should you invest in Gold?

Should you invest in Gold? 3

For thousands of years, gold has been valued as a global currency, a commodity, an investment and simply an object of beauty. In Indian context, investment in Gold also has a religious and socio-economic importance. Buying Gold on occasions of Diwali, Akshaya Tritiya or on special occasions such as marriages and birth of a child is considered auspicious.

Types of Investments

Types of Investments 4

You can invest your money in different types of Investment instruments. These instruments can be financial or non-financial in nature. There are many factors that affect your choice of investment. Millions of Indians buy fixed deposits, post office savings certificates, stocks, bonds or mutual funds, purchase gold, silver, or make similar investments. They all have a reasons for investing their money. Some people want to supplement their retirement income when they reach the age of 60, while others want to become millionaires before the age of 40.

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