Investment Tips: Stocks or Gold, where to invest this Diwali to earn big money?
If you are also thinking of investing this Diwali, then the question in your mind will be where to start investing. Although there are many investment options in the market, which one will be best for you? Whenever we talk about investment, our attention first goes to stocks and gold.
Be it the stock market or gold, both have been giving very good returns to the investor for some time. However, for the last three weeks, there has been a huge decline in the stock market. On the other hand, talking about gold prices, gold prices have skyrocketed even before the festive season. While on one hand, the Sensex is around 80,334 points, on the other hand, 24-carat gold has crossed Rs 80,000 per 10 grams. Now the question arises this Diwali, in which gold or stocks should we invest so that we get great returns?
Gold is always the best.
Financial experts say that if you want to invest for returns, then stocks will be a very good option. However, for the last few years, gold has given more returns than the stock market. Gold is a secure investment option. If you invest in physical gold, you can sell it in times of need and it is also useful in rising inflation. Buying gold is considered auspicious in India.
Invest 10 percent in gold.
If you invest in both stocks and gold, then you should invest about 10 percent of the investment amount in gold. Financial experts say that gold should have a 5 to 10 percent share in the investment portfolio. At the same time, if you want to invest with less risk, then 20 percent of your investment should be gold.
Gold ETF is also a good option.
Investing in digital gold along with physical gold will be quite right. It is important to keep physical gold safe. There is a risk of physical gold being stolen, whereas there is no such risk in physical gold. If you do not want to buy physical gold, then you can invest in digital gold. There are many options available in digital gold as well. Among these, Gold ETF is a very good option.
When to invest in stocks
If an investor invests in stocks, then he should focus on the movement of the stock market. Stock market experts advise that investors should invest when the market falls. On the other hand, if investors invest and the stock falls or hits a lower circuit, then in such a situation they should not sell the stock in a hurry. They should wait for the market to rise. Many experts say that patience is essential to earn profits from the stock market.