Friday, December 20, 2013

Gold heads for biggest annual loss in 32 years

Just posted in my previous post for Gold and Silver investment, and this could be on of those opportunity when you can add some chunks of Gold to your portfolio.
Gold heads for biggest annual loss in 32 years
This came in after US Fed declared to begin tapering the stimulus.

During 2014, while it tries to stabilize, many opportunities might appear giving an individual chances to add more to the commodity portfolio.

Wednesday, December 18, 2013

Buy Gold or Buy Silver

At this time of writing Gold is at around 28000 per 10 gm INR and Silver is at 45000 per kg.

Refer http://www.moneycontrol.com/commodity/

Gold has always been one of the favorite investment instrument in form of jewelry, coins, rods, biscuit etc.
It's always advisable to continuously invest in or buy gold in smaller chunks as your pocket allows, and in the form you prefer, jewelry, coin whatever.
Gold's prices have shot up in last few years and it's very unlikely that it will go below 24000 or 25000 INR per 10 gm.
Same is the situation with Silver and infact Silver has corrected right from 70,000 INR per Kg to it's current price. Moreover, looking at past numbers how Gold and Silver prices have been moving up and down, Silver seems to have better potential, almost like 15% to 20% from the current prices.
Only thing unknown is the time, which is really unpredictable.
Best is to keep invested and stay invested at any opportunity that one get, like having some surplus money in form of bonus, or anything like that, some part of it could go towards these metal.

Wednesday, December 11, 2013

Free Mutual Funds SIP investment

Mutual funds are relatively safer and convenient route to invest in stock market. You can divide the sum you want to invest in 2 chunks, use first chunk to invest in primary or secondary markets and use other chunk for mutual funds using SIPs.
 Though you can either go through a broker ( online or offline) or directly invest with the MFs , there are some providers who offer this service for free. FundsIndia is one such provider. Best part is you can invest additional amount apart from your existing SIPs , when markets are running low. Typically just check the top performing funds in last 5 yrs and start the SIP. For more than average returns , stay invested for at least 3 + years and keep reviewing performance occasionally.

Monday, December 9, 2013

Stock Markets and Gold Rates in India after recent elections

After the recent election results in four states in India, where BJP came out to be clear winner, chances are bright that Indian stock markets will become stronger. However until there is clarity about who is forming government in Delhi, it might be just a temporary sentimental rally.
Though it should not affect the long term investors but very short term trader could make some money.
It could also affect the bullion, both Gold and Silver rates for a short period. Rupee also might emerge stronger.
But again, it's still more wait and watch situation and should not be any solid basis for Sensex crossing 22000.
Best bet should be the Nifty 50 stocks and and 30 Sensex stocks for the short term trading.