Question: In India so far one can invest in Gold in the form of ornaments, coins and bars. One can also invest in Gold Exchange Traded Funds (ETFs) in the Secondary Market through Demat and Trading Account. But in ‘XYZ Gold Savings Fund’ one can invest in gold, lump-sum and also go for monthly investment in gold through Systematic Investment Plan (SIP) like in any other equity mutual fund schemes.
Kindly let me have your advice on investing in Gold and XYZ Gold Savings Fund?
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs. 10.
The villagers seeing that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands of monkeys at Rs. 10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy for Rs. 20. This renewed the efforts of the villagers and they started catching monkeys again.
Two women were walking through the woods when a frog called out to them and said: “Help me, ladies! I am a stock broker who, through an evil witch’s curse,…
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