April 26, 2013 12:05 am
Is investment in mutual fund good at this time when commodity like gold are also going down?
Dear Rakesh, I’m not investing my personal money in gold. My view is clear on gold for myself as I do not want to ride the gold wave. This is my personal take for myself. For others – My take is please link the gold with your goal – say collect the gold, systematically over the period that you want to gift to your kids at their marriage. So day to day movement of Gold should not impact your goal. Hope I’m able to answer you. 🙂
Is it right time to opt for Gold fund now.Many investors are confused about rates of Gold, wether it will go down or up in near future. What you suggest. Please….
Dear Riya Rozer, if the price of butter goes down, ‘ll you replace cooking oil with butter? Each has it’s own merits & demerits in your portfolio, be it Eq. MFs or Gold or Direct Eq, or Debt or real estate.
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