Diwali Investment Tips: Want to earn big money in Diwali, know where to invest…
Diwali Investment Tips: If you are also thinking of investing this Diwali, then the question in your mind will be that where to start investing. Although there are many investment options available in the market, but which option will be best for you? Whenever we talk about investment, our attention first goes to shares and gold.
Be it stock market or gold, both have been giving very good returns to investors for some time now. However, there has been a huge decline in the stock market for the last three weeks. At the same time, if we talk about the prices of gold, the prices of gold are touching the sky even before the festive season.
While on one hand the Sensex is around 80,334 points, on the other hand 24 carat gold has crossed Rs 80,000 per 10 grams. Now the question arises that this Diwali, whether we should invest in gold or shares so that we get good returns.
sleeping is always best
Financial experts say that if you want to invest for returns then shares will be a very good option. However, for the last few years, gold has been giving more returns than the stock market.
Actually, gold is a safe investment option. If you invest in physical gold, you can sell it at the time of need and this is useful even in rising inflation. Buying gold is considered auspicious in India.
Diwali Investment Tips: Invest 10 percent in gold
If you invest in both shares and gold, then you should invest about 10 percent of the investment amount in gold. Financial experts say that the share of gold in the investment portfolio should be 5 to 10 percent.
At the same time, if you want to invest with less risk, then 20 percent of your investment should be gold.
Gold ETF is also a good option
It would be better to invest in digital gold along with physical gold. Actually, it is important to keep physical gold safe. There is a risk of theft of physical gold, whereas there is no such risk in physical gold.
If you do not want to buy physical gold then you can invest in digital gold. There are many options available in digital gold also. Among these, Gold ETF is a very good option.
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