In the video, we tried to keep the explanation for SGB's as simple as possible for better understanding, but if you are looking forward to investing in SGB's keep a few things in mind:
– SGBs are continuously available for trading in the secondary market. Investors can buy and sell them anytime on the stock exchanges, just like ETFs or stocks, by simply typing "SGB" in the search bar. Although liquidity can sometimes be low, SGBs can still be bought or sold even when fresh issues are not happening.
– As investors can sell their SGBs anytime before the 8-year maturity date. They don't necessarily have to hold them for the full term. Can sell at any time by simply placing a sell order, and they can pocket the gains if it's in green and even the interest if it's already credited.
Wealth is a feeling of security. When an Indian wear the physical gold it gives the happiness to our home owners (Mothers), in comparison with their happiness isn't worth of spending of GST, Locker charges & Making Charges? Also, now there are many schemes by jeweler shops (including listed entities) where they reduce the making charges upto 18% which is really missed out in your video. As per me Ornamental Gold is a true asset where you can wear it and get the returns on the same.
Every major Gold brand in India has a scheme of sorts were you can subscribe to a SIP of minimum 5000 i guess for 10-12 months and then you can buy gold from that amount without paying any Making charge.
This way you can buy gold for 12% less and just have to pay GST of 3%.
So this way physical gold also becomes affordable i guess…
the only reason that duck was able to have fun is because the gold he had allowed it. varna gareeb insaan kaha life enjoy karne jaega. Gareeb chhodo, thanks to our finance buddhi, ab to middle class bhi gareeb ho gaya hai.
Physical gold is basically like you have something in your locker qnd you can use when it needed. But Digital gold or Gold ETF or mutual funds are just like long term investments for stable returns. Great video 👌🏽. Informative and easy to understand.
Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.
Complex facts distilled nicely and makes it easy. Q for you. Do you forsee liquidity being a challenge if at all there is a run on gold? I.e. inability to sell the ETFs or MF units i hold. Ability to sell is one of the main reasons one purchases this, but if there is a possibility that these could be illiquid, then i might need to reconsider etf or MF and consider digit6gold instead?
Great content, as always! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Point that can be added and would like to know in all the schemes is that when we sell how much invested money do we get back, like in physical gold selling price is different from buying plus other charges is also there. So when one goes to sell one does not get money according to the current buy price. What about the other schemes?
I think if you buyinh from hedging perspective physical is best if you want to buy from long term investment go with After market SGB rest. if want to go short term skip gold
22 comments
Hey!
In the video, we tried to keep the explanation for SGB's as simple as possible for better understanding, but if you are looking forward to investing in SGB's keep a few things in mind:
– SGBs are continuously available for trading in the secondary market. Investors can buy and sell them anytime on the stock exchanges, just like ETFs or stocks, by simply typing "SGB" in the search bar. Although liquidity can sometimes be low, SGBs can still be bought or sold even when fresh issues are not happening.
– As investors can sell their SGBs anytime before the 8-year maturity date. They don't necessarily have to hold them for the full term. Can sell at any time by simply placing a sell order, and they can pocket the gains if it's in green and even the interest if it's already credited.
Hope this helps
Wealth is a feeling of security. When an Indian wear the physical gold it gives the happiness to our home owners (Mothers), in comparison with their happiness isn't worth of spending of GST, Locker charges & Making Charges? Also, now there are many schemes by jeweler shops (including listed entities) where they reduce the making charges upto 18% which is really missed out in your video. As per me Ornamental Gold is a true asset where you can wear it and get the returns on the same.
Every major Gold brand in India has a scheme of sorts were you can subscribe to a SIP of minimum 5000 i guess for 10-12 months and then you can buy gold from that amount without paying any Making charge.
This way you can buy gold for 12% less and just have to pay GST of 3%.
So this way physical gold also becomes affordable i guess…
One of the best videos you guys have produced! Love the info and simplicity. Your geniune efforts are clearly seen.
why not buy 24k Gold biscuit from a bank and put in your home locker?
why not buy 24k Gold biscuit from a bank and put in your home locker?
Funny way to start the video, which hooked me till the end. Great job you guys. Really creative and educative at the same time.
the only reason that duck was able to have fun is because the gold he had allowed it. varna gareeb insaan kaha life enjoy karne jaega. Gareeb chhodo, thanks to our finance buddhi, ab to middle class bhi gareeb ho gaya hai.
real estate and physical gold scream – black money. all other taxpayers scream – finfluencers
Physical gold is basically like you have something in your locker qnd you can use when it needed. But Digital gold or Gold ETF or mutual funds are just like long term investments for stable returns. Great video 👌🏽. Informative and easy to understand.
Physical gold is better any day…
missed the most important point : tax on the returns
gold etf and mutual funds have gain tax ??
Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.
Complex facts distilled nicely and makes it easy. Q for you. Do you forsee liquidity being a challenge if at all there is a run on gold? I.e. inability to sell the ETFs or MF units i hold. Ability to sell is one of the main reasons one purchases this, but if there is a possibility that these could be illiquid, then i might need to reconsider etf or MF and consider digit6gold instead?
Great content, as always! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Point that can be added and would like to know in all the schemes is that when we sell how much invested money do we get back, like in physical gold selling price is different from buying plus other charges is also there. So when one goes to sell one does not get money according to the current buy price. What about the other schemes?
Sgb hands down is the best because of its interest paid and no tax on the gain after 8 years which is unmatched.
This Video give the easy understanding between different forms of gold availability .Thank you Nice video .
I think if you buyinh from hedging perspective physical is best if you want to buy from long term investment go with After market SGB rest. if want to go short term skip gold
Gold Coins offer direct ownership and control, whereas Gold ETFs provide convenience and liquidity with added counterparty risk and management fees.
Did you take taxation into consideration? post tax returns to be seen for investment, and liquidity needs to be seen for security .