Why we need to buy GOLD??
Before explaining the value of gold in the current market, we should consider one thing if we buy gold and keep it with us it's the same as
you have kept the money under your pillow.
The value of gold fluctuates as per the market but it never ever drops like other stocks. There are various ways to invest in gold bel
ow I will give a brief description of this.
- Start buying in small quantities like 3 or 5 grams.
- If you have money in hand unutilized better purchase gold and keep it with you.
- Invest in GOLD shops like Joyalukas, Malabar, Kalyan, or any other as per your choice.
- Invest in the Stock market that deals with GOLD
- Choose mutual funds that deal with gold.
Gold is better than anything as compared to the real estate business. It gives you instant money in an emergency situation. Its price increases gradually but never drop like other stocks. Value of money drops with an inflation rate of India but Gold values remain constant in tough times or increases on daily bases. For instance: If you have money which equals to gold now in 2020 in future the value of gold will increase more than the value of money, suppose if you are saving money to buy a TV worth of 3 lakh and you are saving for it to buy in 2023 after 3 years inflation rate will go down but instead if you buy gold in small quantity it gives more than FD rates in banks. Your money remains 3 Lakh only in 2023. However Gold gives you more than 3 lakhs.
I hope this blog helps you to think to buy GOLD and secure your future.
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