Is investing in Gold better than investing in shares?

Discussion in 'Money Matters' started by NainikaSomaiya, Oct 23, 2009.

  1. NainikaSomaiya

    NainikaSomaiya New IL'ite

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    Hi gals,

    I am a bit confused and apprehensive about investments:spin. I want to know whether I should invest in gold or share market:bonk. Kindly give me your advice and experience about it:idea.

    Regards:),
    Nainika
     
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  2. hotcolain

    hotcolain New IL'ite

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    Historically, gold has been able to fetch 8% returns over a period of time.

    Depending on your profit goal, you can decide accordingly.

    thanks,

    RB
     
  3. Devinaren

    Devinaren New IL'ite

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    Rule no.1. Never put all your eggs in one basket. Invest in gold/ETFs/real-estate/stocks/FDs etc. Entry is the main criteria, one should not when to invest in gold or real-estate, wrong timing or entry price may result in loss during later stage.

    Rule 2: Be Greedy When Others Are Fearful. I have been telling all my clients to invest before couple of months when fear was at peak. Tata steel bought at 177, now trading @482, Reliance bought @1011, now @2036, ICICI bank bought @302, now trading @807.

    Happy investing !!
    Devi Naren
     
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  4. Devinaren

    Devinaren New IL'ite

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    Hi

    First of all, I appreciate you for making wise decision in investing.

    Thumb rule of investing: You investment should beat inflation.

    Let me explain you in brief about this: Try to find out your total expenses in month(food, rental, cloths, movie tickets etc). Let us say it comes to around 15,000. Now calculate your total expense for the same last year, lets say it comes to around 12,000. So 3, 000 increase in expenses in one year, 20% increase in expense. Your investment should be in such way that can overtake this increase in expense(20%).

    Try consulting an investment training firm, there is one in Chennai which helps small investors and part-time traders to earn money. They are not selling shares or mutual funds, they mentor and educate investors to make money in stock market.
     
    Last edited by a moderator: Nov 10, 2009
  5. Bharathi.K

    Bharathi.K Senior IL'ite

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    GOLD Rate

    Hi all,

    Gold Rate is increasing Day by day.. How about in the forthcoming days..
    Will it be incresed or Decreased? I heard in the forth coming days it will reach nearly Rs.2000/per gram. If you get to know any information about this. plz post here....
     
  6. Devinaren

    Devinaren New IL'ite

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    Re: GOLD Rate

    Yes, will go above 1700/1800, but not 2000.
     
  7. shakambari

    shakambari Platinum IL'ite

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    Re: GOLD Rate

    WHether it will touch 2k or not in near future

    we can be sure it will not reduce drastically in the weeks to come.
     
  8. goldbaker88

    goldbaker88 New IL'ite

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    Re: GOLD Rate

    I had a great time reading around your posts as I read it extensively. Keep the posts rocking!
     
  9. Devinaren

    Devinaren New IL'ite

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    Re: GOLD Rate

    Stay away from gold now, its very hot. Please wait for right time. As i said before touched 18k, will not touch 20k for sure. please wait,
     
  10. knsaranya

    knsaranya New IL'ite

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    Re: GOLD Rate

    hai,
    true but still no one can exactly predict whats going to happen... but as of now 'STAY AWAY', watch with cash in hand, whaen it dip it really sinks...
    regards
    knsaranya
     

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