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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 14/Aug/2007 at 9:52am |
I didn't see many option or variety of jewelery there........
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That is a usual and a very legitimate complaint.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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kumarrvq
Senior Member
Joined: 02/Aug/2007
Location: India
Online Status: Offline
Posts: 126
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 Posted: 15/Aug/2007 at 3:04pm |
Basant Jee, nows a days I see that people are going towards diamonds (more show off than value asset) than gold. Ladies are more attracted towards diamond. Unlike Gold, it is difficult to find the purity of diamonds, hence we prefer reputed branded store for such purchase. Gitanjali or Tanisque fits here.
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Thanks & Regards,
Harry
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 15/Aug/2007 at 5:16pm |
Diamonds are like LCD Tv's they drop in value the moment they are purchased unless you want to sell it to the same shop as a money back!!!
Diamonds are a total waste. Beter to buy solid Gold bars or coins or even silver bars for that matter.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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 Posted: 15/Aug/2007 at 5:33pm |
that is correct but presnt your wife with a diamond and then see the change.that stone has some magical effect on women!it also has a magical effect on our wallets!
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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sushil
Groupie
Joined: 26/Jul/2007
Online Status: Offline
Posts: 67
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 Posted: 15/Aug/2007 at 11:49pm |
If you want to invest in Gold. The best choice I think is through Gold ETF
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xbox
Senior Member
Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
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 Posted: 15/Aug/2007 at 5:59am |
If you want to invest in Gold. The best choice I think is through Gold ETF
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Sorry!! I differ on the view. ETF is the most expensive way of owning gold. Having physical gold is much better choice. AMC generally charges 1% per year for custodian charges, if one stay invested for 10 years (this is more likely scenario), you lost more that 10% of your gain. Assuming 5 Lakh of investment, fee comes out to be 50000 INR. Remember this amount is minimum, this could reach to 1 lakhs depending upon price appreciation. for physical gold, one pays 500 * 10 for bank locker. Simple.
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Don't bet on pig after all bull & bear in circle.
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sushil
Groupie
Joined: 26/Jul/2007
Online Status: Offline
Posts: 67
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 Posted: 16/Aug/2007 at 11:32pm |
For investment purpose, I still prefer ETF. The purpose of investment is to make money and sell it anytime when the bull market of gold seems to be over. Never thought of owning the gold for 10 years.
ETF is easy and convinient way to own and sell and that's why you pay the price.
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vivekkumar_in
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 606
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 Posted: 16/Aug/2007 at 11:49pm |
Get married and you will own gold for more than 10 yrs..
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Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
P Lynch
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