POSTED BY May 6, 2011 2:50 pm COMMENTS (2)
ONI have a 5 lac loan with 10% interest.
Assuming gold per 10gm has an increase of 15% every year .Just an assumption.
Now.suppose i get a bonus of 50k every year from my company, which of the above is a good instrument to invest (loan pay OR gold coins).
2021 © Jagoinvestor.com All Right Reserved
10% is real and 15% is assumption. Now you decide.
Always give first preference to remove all loans. Don’t expect good returns from Gold year on year. There is a bad period for every investments.
Hope it will help you.
InvestmentKit.com