The BEST way to buy gold for investment purpose is by buying sovereign gold bonds (SGB) the RIGHT way In this video, I explain why the best way to buy gold is sovereign gold bonds (SGB) from secondary market and how it can give you 33% more returns than the physical gold. I have used excel calculations to compare gold returns across sovereign gold bonds (SGB) from secondary market and Physical gold. The BEST way to buy gold | how to buy sovereign gold bonds | 33% more returns I am also available on: 🚀💥Email: torahulj@gmail.com 🚀💥 Insta: 🚀💥 LinkedIn: 🚀💥 Twitter: Please find the SGB calculator here. Please download a copy and make changes in your local copy. Hello, At 14 🧒, I founded my first business and sold thousands of comics. Ran it for 3 years. 2004, I felt proud of getting a gold medal for my B.Tech from NIT Jaipur in Metallurgy. 💪 I got hired by a steel company. 11 months into it, I couldn’t stand the heat, dust, and noise. 😔 The gold medal I achieved didn’t help me. 4 years of my engineering felt wasted. 😢 I quit. 🤞 2005, I got into a tier 3 MBA school BIMM Pune. Got hired by Mindtree as a Business Analyst. 😊 2010 changed my life and I came to London and became a proud Londoner since then. 😊 Over 14 years, I grew into an IT leader and currently spend my 9-6 as an IT delivery Manager 👨💻 I can only be found on Tennis courts on Thursday evenings, strong at forehand and weak at backhand. 🎾 Every Sunday I teach 👨🏫 moral and Jain values to the kids 🚸 of age group 4-8. On this channel, I share insights about the following: • Personal Finance • Career • LinkedIn Credits: Stock Videos from Pixabay and Pexels Logos: Wikipedia Commons Video Editing by: Nikhil Jain Kothiya DISCLAIMER: PLEASE NOTE that I AM NOT A SEBI-REGISTERED ADVISOR so please do your own research. This video is only for educational and entertainment purposes. #rahuljain #rahuljainfinance #goldinvestment...(read more)
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The Best Way to Buy Gold: How to Buy Sovereign Gold Bonds for 33% More Returns Gold has always been a prized possession, not only for its aesthetic beauty but also as a safe investment option. In times of economic uncertainty, gold has proven time and again to be a reliable store of value. However, determining the best way to buy gold can be a daunting task, given the numerous options available in the market. One of the lesser-known but highly lucrative ways to invest in gold is through Sovereign Gold Bonds (SGBs). These are government-backed securities denominated in grams of gold. The Reserve Bank of India issues these bonds on behalf of the government, providing an excellent opportunity for investors to own gold in a paperless form. So, what makes Sovereign Gold Bonds the best way to buy gold? Let's dive into the details. 1. Attractive Returns: SGBs not only offer the safety of owning gold, but they also provide an additional interest rate of 2.50% per annum, paid semi-annually. This interest is a significant advantage over physical gold, as it can enhance your overall returns by approximately 3-4% compared to traditional gold investments. 2. Capital Appreciation: The value of SGBs is linked to the price of gold in the market. As gold prices rise, the value of your investment appreciates, allowing you to benefit from potential capital gains. This combination of interest earnings and potential capital appreciation makes Sovereign Gold Bonds a highly attractive investment proposition. 3. No Storage Hassles: Unlike physical gold, SGBs eliminate the need for secure storage facilities and the risk associated with storing precious metals. With SGBs, your gold is stored electronically, so you don't have to worry about safeguarding it from theft or damage. This digitized ownership makes SGBs a convenient and hassle-free investment option. 4. Tax Advantages: Investing in SGBs can provide tax benefits to individuals. The interest earned on these bonds is taxable, but the capital gains at the time of redemption are exempt from tax if the bonds are held till maturity. Moreover, with no physical gold involved, there is no wealth tax liability on SGBs. 5. Liquidity: Sovereign Gold Bonds are traded on stock exchanges, ensuring liquidity for investors. If the need arises, you can sell your bonds on the secondary market, allowing you to access funds quickly. This liquidity feature adds to the overall appeal and flexibility of investing in SGBs. Now that we understand the advantages of buying Sovereign Gold Bonds, let's explore the process of purchasing them. 1. Identification and KYC: Ensure you have the required Know Your Customer (KYC) documents handy, such as your PAN card, Aadhaar card, address proof, and other necessary details. You will need these documents for the KYC verification process. 2. Approach a Reputable Agency: Contact a registered intermediary such as a commercial bank, designated post office, or stock exchange for subscribing to Sovereign Gold Bonds. Banks often provide the facility to buy and sell these bonds through their online platforms. 3. Subscription Period: SGBs are released by the government periodically, and you can purchase them during the specified subscription period. Keep an eye on the announcement of new issues and ensure you subscribe within the given timeframe. 4. Payment and Allotment: Make the required payment for the desired quantity of Sovereign Gold Bonds. The payment can be made through various modes such as net banking, demand draft, or cash. Once the payment is verified and successful, the bonds are allotted to your demat account in the prescribed time frame. 5. Holding and Redemption: Hold your SGBs in your demat account or physical form, as per your preference. The tenure of these bonds is usually eight years, with an option to exit after the fifth year. Upon maturity, the redemption payment is made directly to your registered bank account. In conclusion, Sovereign Gold Bonds offer a highly attractive and profitable avenue to invest in gold. With their attractive returns, ease of buying and selling, tax advantages, and no storage hassles, they trump physical gold in many ways. So, consider exploring the world of Sovereign Gold Bonds and enjoy the benefits of owning gold without the usual limitations. https://inflationprotection.org/the-ultimate-guide-to-buying-gold-sovereign-gold-bonds-for-33-higher-returns-by-rahul-jain/?feed_id=117055&_unique_id=64b0659102ef0 #Inflation #Retirement #GoldIRA #Wealth #Investing #goldetfinvestment #goldetfvsgoldmutualfund #goldetfvsphysicalgold #goldetfvssovereigngoldbond #goldinvesting #goldinvestingforbeginners #goldinvestment #SBG #sovereigngoldbond #sovereigngoldbondpranjalkamra #sovereigngoldbondscheme #sovereigngoldbondscheme2022 #sovereigngoldbondscheme2023 #sovereigngoldinvestment #tehbestwaytobuygold #TheBESTwaytobuygold #thebestwaytobuygoldadnsilver #thebestwaytobuygoldandsilver #TIPSBonds #goldetfinvestment #goldetfvsgoldmutualfund #goldetfvsphysicalgold #goldetfvssovereigngoldbond #goldinvesting #goldinvestingforbeginners #goldinvestment #SBG #sovereigngoldbond #sovereigngoldbondpranjalkamra #sovereigngoldbondscheme #sovereigngoldbondscheme2022 #sovereigngoldbondscheme2023 #sovereigngoldinvestment #tehbestwaytobuygold #TheBESTwaytobuygold #thebestwaytobuygoldadnsilver #thebestwaytobuygoldandsilver
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