Buying gold this Akshaya Tritiya? Check out these options

Buying gold this Akshaya Tritiya? Check out these options

There are several options in the market today if you want to invest in gold, but do not want to buy traditional gold jewellery or gold coins. Instead of buying physical gold, you can opt for sovereign gold bonds (SGBs), gold exchange-traded funds or ETFs and gold mutual funds (MFs). In India, Akshaya Tritiya is considered an auspicious occasion for buying gold. There are several options in the market today if you want to invest in gold, but do not want to buy traditional gold jewellery or gold coins. Instead…

Read More

Akshaya Tritiya: Big gold discounts on offer; do these checks before buying

Akshaya Tritiya: Big gold discounts on offer; do these checks before buying

When you buy gold jewellery you should always check for its purity by looking for hallmarking In a bid to lure gold and jewellery buyers on Akshaya Tritiya, jewellers are offering major discounts on making charges ranging up to 50% of the charges on other days. Orra Jewellers and PNG Jewelers for example are offering up to 50 per cent off on making charges on certain jewellery, while M K Jewels is offering 20% discount. “Our offers include 0% making charges on gold coins and gold bars along with an…

Read More

Wondering where to invest? MFs have these 20 large & midcap stocks in their kitty

Wondering where to invest? MFs have these 20 large & midcap stocks in their kitty

Investing becomes tricky, especially in a bull market when every stock seems to be on the ‘cloud 9’. Well, one way is to do your research and buy stocks on declines and the other way could be to look at the portfolio where foreign institutional investors (FIIs) or mutual funds are betting. We don’t advise investors to blindly replicate FII or MF portfolio, but it could certainly provide you clues as to where the smart money is moving and after doing your own research investors should place their bets accordingly….

Read More

Waiting for your first salary of FY18? Let it set the tone for your financial goals

Waiting for your first salary of FY18? Let it set the tone for your financial goals

Using the money to spend and invest wisely could set the tone for an improved financial portfolio for the future   Your first salaries for the fiscal 2017-18 will be paid out within the next few days. Spending and investing the money wisely could set the tone for an improved financial portfolio for rest of the year, and also for the long-term. “Starting early and being consistent with investments is the best way to build assets and wealth,” says Anil Rego, CEO & Founder of Right Horizons Financial Services. Rego provides some…

Read More

Heard on the Street! After 30K, analysts are projecting a target of 45K by 2020

Heard on the Street! After 30K, analysts are projecting a target of 45K by 2020

One of the major factors, driving optimism in the market, is the recovery in earnings growth along with the implementation of government reforms in Asia’s third largest economy which is growing at 7 percent rate, faster than most developed and EM economies.   When Sensex hit 20,000 back in 2007, the Street was anticipating a number of 30K on the index in a hurry, but nobody was aware of the global financial crisis that would hit equity market the very next year, which would take the index towards 10K in 2008,…

Read More