Monday, April 27, 2009

  • Akshaya Tritiya ,is the day when Veda Vyaasa and Lord Ganesha started writing Mahabharata.The day, for this and a few other reasons, is believed to be a great day for investing. One only needs to visit a jewellery shop to witness the rush for jewelley in general and gold in particular.This brings us to an important question .Why invest in gold ?
  • Gold, from ancient times, has been used as money, for its versatility besides being rare. There are typically two main reasons for gold being touted as a good investment option- the profits it fetches as its price increases over a period of time and the fact that it helps withstand any economic, political and/ or social crisis .
  • Since gold derives its value from its demand and supply , the price of gold fluctuates with time. It is this that causes people to buy it when its value is low, and sell it when its price is high -similar to buying and selling of shares. Gold helps withstand economic crises to a great extent , as even if the value of money is greatly tarnished, gold continues to retain its value.
  • Gold has always been the best thing to invest in. Also recent trends heavily support investment in gold .Gold investors benefited by a 24% increase in its value last year . Gold's advantage lies in the face of inflation and /or the depreciation of the value of money .
  • These reasons make gold precious and prompted Thomas Fuller, a British writer, to say, "It is much better to have gold in your hand than in the heart ." We suggest, however, that you have both.

Gold Coin (144 pieces) Add to Mixx!

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