SnoozyPotato
SnoozyPotato

Investing in SGB

I have a saved up 10L and planning to invest in SGB in the upcoming window, will this be a good idea to put all the money in one shot in SGB

16mo ago
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GigglyPanda
GigglyPanda
IBM16mo

Gold will never fall, so go for it.

SnoozyPotato
SnoozyPotato

@KarmaPolice All one shot fire and forget? But it will be locked for 8 years

GigglyPanda
GigglyPanda
IBM16mo

If you can foresee any future commitments in next 2 years then save for it and invest, if you really believe that you can’t gauge your commitments then its not for you.

SparklyBurrito
SparklyBurrito
Amazon16mo

May be split into 3 avenues small Finance Bank FDs insured by RBI upto 5 lakhs , equity and SGB

SnoozyPotato
SnoozyPotato

This is some extras I have, have invested through parents in senior citizens FDs

BubblyCupcake
BubblyCupcake

It would have been better if you invested in last or last to last SGB. Currently Gold is peaking so don’t go all in, specially when Gold nears 80K INR. If you want to be Gold heavy, go split with Gold 30-35 percent, Debt, Contra or Flexi MF 10-15 % percent, Equity 40 percent and yes good old FD 10 percent. Some banks offering close to 9 percent rates now.

SparklyBurrito
SparklyBurrito
Amazon16mo

avg gold return per annum ~ 8-9 %

FluffyWaffle
FluffyWaffle
Lowe's16mo

Uhh don't invest all in sgb . Break it down then invest .

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by JumpyMuffinProduct Management

Where to invest Rs. 2 lacs right now?

Hi folks,

Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount.

But I would still like to know 2 things -

  1. Is the index fund fine?
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user

Bhai mujhe dedo

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by SillyDonutTCS

SGB Tranche 2 Sep15 ~5923/gm

  1. Hedge investment portfolio during downside
  2. Taxfree after maturity
  3. Interest of 2.5%
  4. Diversification of portfolio
  5. Gold is heaven when inflation is high and macro is down due to its IMF reserve and Money printing capabilities...