Investing in E-Silver(NSEL)-is the right time?

POSTED BY GSR ON February 19, 2011 8:58 am COMMENTS (4)

I have been planning to invest couple of lakhs in e-silver with 3-4 year view, however the price is just keeps going up. Now should I take the plunge at 47k, when its at life time high ?

4 replies on this article “Investing in E-Silver(NSEL)-is the right time?”

  1. Tarun Aggarwal says:

    Hello,
    Can you tell me how to invest in Gold/Silver online? Do I need demat and trading account for this?

    Tarun

  2. KM says:

    Hi GSR,

    what is your ROI expectations for e-silver? As an investment avenue I would not recommend putting entire amount in just e-silver. You can diversify in different asset classes. Although some analyst have estimated the prices of silver reaching 60K but it again depends on how the economy grows.

    The key difference between gold and silver is that gold is still considered as the biggest hedge against all economic downturns not only by various countries but at a personal level as well. Whereas the primary usage of silver is in industries. So if economy expands silver would definitely be in demand.

    I would suggest investing in gold/silver at regular intervals to get a decent returns over a long period rather than looking at it for shorter duration.

    1. GSR says:

      Thanks KM for your reply.

      Anything thing between 12-15% return is good for me.

      I`m already well diversified into real estate, stocks and gold.

      Staggering my investment over couple of months seem like a good idea.

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