Best Way To Buy/invest In Gold

 Best Way To Buy/invest  In Gold

                Now a days gold is best way to invest because, past 20 years invest in gold has good return. And how we get gold only in physical type because, we only know that type only for many of them.

                In the modern world it can also by in paper type that mean in online. but, many of them know gold buy only in physical type only.

               

                       Now we have two type of gold buying PHYSICAL GOLD and ONLINE GOLD.

•                        Come on let see what are the disadvantage of buying physical gold.
•                        because, we all know the advantage of them.

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  DISADVANTAGE  OF BUYING PHYSICAL GOLD

•                       Making charge and wastage
•                       Safety and security
•                       Buying this type we not get any income by keeping it only selling get the profile.
•                       GST 3% for now compalry pay
•                       Not able to buy in small amount 
•                       Not sell in easy way it has many roles also,

DIGITAL  TYPE GOLD...

                       For invest many of them now saying about digital gold it see the advantage and how it will use ,

                       They have four FOUR TYPE,

•                                 Digital gold
•                                 Sovereign gold bonds
•                                 Gold ETF
•                                 Gold mutual fund

DIGITAL GOLD...

                 It mean we buying gold by any of the company. It fact we have some company's

•                   G pay
•                   Airtel digital gold
•                   Phone pay

             

What they do was we buy gold by there company and they save that gold for us,

•                          Company buy's gold for us
•                          Give safety and security
•                          Invest minimum amount
•                          It has no making charge
•                          It also has GST 3 %

             If you want to get gold in physical type then that movement you want to give them making charge and wastage also. If you want it,

                If you want to sell the gold. Yes, you can do it. In that movement you not want give GST. They take another charge for giving security and insurance to your gold it will 6 to 3% that, take the charge. It will hidden.

                         In digital gold we not keep it for life long. We want to sell or get in physical type. Not able to kept it for life time.

SOVERIGN GOLD BOND...

                   It was completely given by RBI. But, it only on paper document. not they buying physical for you. by this type we don't have,

                 

•                    No making charge
•                    No storage fee
•                    No insurance fee
•                    No GST
•                    In this type minimum amount of gold buying is 1gram.
•                    It was done by RBI. So, it will be safe an secure.
•                    It you buy in SGB you have discount up to 50 rupees per gram.
•                    If you keep the your buying gold in RBI for 8year time reeding. And then you sell to them you don't have tax for your profit.
•                    For this SGB they give 2.5% interest per year.
•                    If you interest will be more than the life it will included in tax.

Example,

                In the market rate the gold rate increase then the interest was get per year then it increase above their limit of income tax. For that you most pay for it.

                they give another option if you want to sell the gold at your wish. If you open the account also. So, it will help to add your gold in demand account if you, want to sell in stock market you can make it also,

                 In this type we can buy the gold in 10 to 5% low in market price and also sell high to market price in sometimes.

GOLD ETF...

1.                In this type we definitely want to demanded account
2.                We can sell or buy in any time
3.                In this type we can see the increasing and decreasing of price in stock market
4.                It also like digital gold
5.                Minimum gold buying in this type
6.                It also not have GST
7.                Making charge not have
8.                It will be safe
9.                We not able to invest full amount in gold they take 5% to their expense ratio.

GOLD MUTUAL FUND

•              We will buy in minimum amount
•              It have GST
•              It has expense ratio also
•              It also like mutual fund
•              It has investment by SIP( Systematic Investment Plan)