Digital Gold is better than Gold ETF & SGB

Namastey 🙏🏻🇮🇳

Hello friends, how are you all?? wishing you all happy and prosperous life ahead.

Today i would like to share about my investment experience in Digital Gold. As i totally believed in diversified portfolio, as reduces your investment risk. I have invested in stock,mutual fund, crypto currency, Even in Gold too. According to me, investment in stock and crypto is just like eiller coaster ride, nobody can predict what will be next turn upward or downward but Investment in gold is always increase high never comeback to same prices once price is surge, i must say that investment in gold reduces the overall volatility. and risk of my portfolio.

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When the S&P 500 Index dropped by 56.8% during the 2007-2009 recession, gold prices went up by 25.5%.

I have learned investing in stocks and mutual funds three-four years ago, but I have learned investing in gold from my mother, My mother used to buy gold whatever Saving she does, at that time i was a wandering why my mom spend so much in gold, but know i get to know everything about how profitable is it to invest in gold.

Buying physical form of gold is earlier way, but buying digital gold is new way of investment and even risk free. As the best part of Digital Gold, it can be purchased in smaller denominations, even small investment amounts starting from Rs 100 or near about $1 to suit as per your pockets. Micro investments in Digital Gold can be done through multiple new platform, MMTC-PAMP and its affiliate channels like Paytm, PhonePe( newly added), GPay, and Aditya Birla Capital, many more such companies.

A report by AxisMyIndia reveals that Digital Gold has emerged as a preferred investment option for consumers in Tier 1 and Tier 2 regions. With a return of 15% during FY23

Digital gold giving customer expectations, which is increasing % of gold investors more as compared to previous year, even it is earlier way to redeem the amount anywhere at anytime through credible platform such as MMTC-PAMP.

Even In the digital Gold there is no risk to keep your gold in bank lockers for safety and security unlike physical gold. The customer’s Digital Gold holdings are fully insured to safeguard against any eventuality.

I must say digital gold is having Easy liquidity and convenience which is much better alternative than gold ETFs(Exchange trade fund) and SGB(Sovereign gold bond) scheme as there is no mandatory period to lockup your investment for five years and no need to required the demat Amount. As digital gold there is no such demand, invest as per your pocket, redeem it as per your needs.

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Till now I have only bought physical form of gold which I had learned from my mother. Even few month before i get to know about SGB(Sovereign Gold Bond) but after hearing about its locking system for minimum period of five year, i was quite confused whether to invest in SGB scheme or not. I think that was good decision i have made at that time, new way of investment in gold without any pre requirement is bestest option to invest in gold risk free.I will definitely invest some money in it every month, to make some investment for future needs

Thankyou

@gargi 🇮🇳🙏🏻

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