Invest in GOLD – Another alternative for investments plans

Posted on July 16, 2008. Filed under: Financial Investments | Tags: , |

The reasons for investing in GOLD

  • Today GOLD is priced at Rs 1,297.30 per gram and investing in stocks is extremely risky because the markets are too volatile and Mutual funds aren’t too promising at the moment either.
  • If you are looking at a long-term perspective, neither stocks nor mutual funds can guarantee you any return. Gold, on the other hand, will definitely fetch you a good price even in the future.
  • And there is no immediate sign of revival of the stock market, and traders are still coming to terms with the constant fall from 21,000 points to the present, 13,000 points. Whereas, gold is showing every sign of increasing further.
  • In last six months, various stocks have seen all-time lows. Mutual funds, have seen negativey returns, but not once in this entire time has gold slipped.
  • Only once the price of the GOLD has fallen, that too very marginally in 1996-1998. But recovered the next year. The worst you will be expecting is the prices of gold, might remain stagnant over a period of time (this happened once between the years 1925-1930).

BUY GOLD

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