
There are some interesting articles available online at www.personalfn.com who are looking to buy
Investing in Gold ETFs
Gold delivers… but not for you
BuyingGold from your bank?Beware!
These articles summarize a few important points for us
1)Banks in India are sellinggold to us but they are charging a high premium.
2)Gold becomes attractive to your portfolio depending on the currency of your portfolio. For example Gold has seen good appreciation against the dollar in the last couple of years. But if you had invested using the Indian rupee, your returns will be very marginal.
3)Investing inGold ETFS is not cheap in India as it involves expenses and entry loads.
Hence before buyinggold in India, one must evaluate the premium being paid over the spot price of gold at any given date. Gold is at an all time high and a big correction in the gold prices has a potential to wipe out considerable gains from your portfolio. Watch out when you buy Gold in India!
Buying
These articles summarize a few important points for us
1)Banks in India are selling
2)
3)Investing in
Hence before buying
2 comments:
Amazon launched two new Kindle e-readers priced at $139 and $189 late Wednesday, with the cheaper version a Wi-Fi-only e-reader and $10 less than the Wi-Fi-only Nook.
[url=http://www.computerworld.com/s/article/9179853/Amazon_launches_two_new_Kindles_one_with_Wi_Fi_only]ComputerWorld[/url]
http://www.computerworld.com/
with thanks ! extremely helpful put up!
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Also welcome you!
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