Personal Finance Myth #16

You have to be wealthy to invest in gold | Vrid
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You have to be wealthy to invest in gold

Of course, you need to be wealthy enough if you are okay paying huge making charges and GST on physical gold.

But if you are buying gold as an investment for portfolio diversification benefits. You can avoid these charges by investing through gold mutual funds, gold ETFs, and Sovereign Gold Bonds (SGB).

You can buy as low as 1 gram of gold and also earn interest income through SGB.

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DISCLAIMER: This newsletter is strictly educational and is not an investment advice or a proposal to buy or sell any assets. Please be careful and do your own research.

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