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TheGothamChampion

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  14. The Stock Market thread

    in General Chatter

    Posted · Edited by TheGothamChampion

    3 hours ago, KunjanPSD said:

    I am not looking for debt per se, I was just looking for Gold/Silver allocation of around 2-3% of the PF.

    Sgb is the way to go then. No expense ratio plus additional 2.5% interest.

  16. The Stock Market thread

    in General Chatter

    Posted · Edited by TheGothamChampion

    55 minutes ago, KunjanPSD said:

    7-8 + 2.5? How?

    Are you annualizing capital gains?

    Yeah. 7-8 is the annualised capital gain you can expect. 

    2.5% is the interest you will receive in your savings account. 1.25% every six months. 
    One con (it can be a pro as well if price of gold drops) 2.5% interest is paid on initial investment and it isn’t affected by change in price of gold.

  17. The Stock Market thread

    in General Chatter

    Posted · Edited by TheGothamChampion

    55 minutes ago, KunjanPSD said:

    Has anyone invested in SGBs? If yes, how has your experience been with respect to returns?

    Invested in jan 2021. The price back then was 4950 per gram. 
     

    The price during july 2023 issue was around 5900. So, around 19-20% gain.

    Also, received 2.5% interest per year.

    It is great IMO. You can expect 7-8% annual interest with additional 2.5% interest.

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