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PerkyWaffle
PerkyWaffle
Stealth

Should I invest in digital gold?

Since the stock market crashed and there was no sign of bouncing back for at least sometime for sure. Should I invest in digital gold? And app suggestions along with are also welcomed 🙂.

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9mo ago
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SparklyBiscuit
SparklyBiscuit
Stealth9mo

I am investing in Gold ETFs since last 5 months only, but sitting on 13% returns

PerkyWaffle
PerkyWaffle
Stealth9mo

Why there is but? U kn any better way to get good return or say positive returns with current market conditions?

SparklyBiscuit
SparklyBiscuit
Stealth9mo

Read my reply again, you took it in negative sense

SillyJellybean
SillyJellybean
IBM9mo

Buy physical Gold period ✨️

PerkyWaffle
PerkyWaffle
Stealth8mo

Physics gold maybe an option but.... I don't want to buy that becoz, I do investment in stock market and take money out time to time and reinvest and seeing current market conditions stocks are risky but digital gold is safe that's was thinking for it.

SnoozyCoconut
SnoozyCoconut
Stealth8mo

Not a good option u pay 18% on making charge+gst and while selling u have to pay this well Lets say gold increases rapidly to 35% in 3 yrs,but when u sell unwill have this lost in the combined 36% mentioned earlier

MagicalWaffle
MagicalWaffle
UKG9mo

You can invest in gold bond also.

PerkyWaffle
PerkyWaffle
Stealth9mo

That I already hold and since the government stopped issuing new ones (SGB) how should I invest in those? And buying it from the market (like stock) isn't the same as digital gold?

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