Do You feel Investing In Gold is Worth?
By Raj
@Butterfingers (66583)
India
August 20, 2021 7:12am CST
I am one of those that watch a lot of TV so I am quite traditional in it, although I like the streaming option too still I prefer TV and you know we see different Advertisements and these days I am seeing the advertisement about Gold and we can buy Gold online through Apps available in India and in this case it was from Phone Pe and was advertised by Amir Khan one of the finest actors of Bollywood.
I don't have so much money so not sure if I can invest in Gold or any other thing at this moment.
Do You feel Investing In Gold is Worth? Have you tried Any sort of Investment like in Real Estate or Stock Market or any other?
12 people like this
12 responses
@ThatDisha (4010)
• India
20 Aug 21
Investment in gold is i believe the best way to spend your money..but risks increases if too much gold is kept at home..and banks charges too much for keeping it.. these days spending in online gold has been in trend alot but still i believe one should research properly before spending their money in such sites as there might be any scam involved or a site/online company may shut down unexpectedly
4 people like this
@RebeccasFarm (90294)
• Arvada, Colorado
20 Aug 21
It will do me no good when drones are slicing my head off in the near future
3 people like this
@allknowing (137552)
• India
21 Aug 21
You are unique is all what I can say Ocean!!! (lol)
1 person likes this
@RebeccasFarm (90294)
• Arvada, Colorado
21 Aug 21
@Butterfingers Well, when they are done with us, you know the invisible people that rule, the drones will come and get rid of us all 
1 person likes this
@allknowing (137552)
• India
21 Aug 21
I too have been reading about digital gold and one can buy as little as one rupee worth.
1 person likes this
@allknowing (137552)
• India
21 Aug 21
@Butterfingers You can test the ground with that purchase and see if that rupee purchase has increased in value when selling it.
1 person likes this
@Butterfingers (66583)
• India
21 Aug 21
@allknowing thanks for the suggestion, I will try 
1 person likes this
@Butterfingers (66583)
• India
21 Aug 21
I don't think buying for such a small amount will be good for me because I wanted to invest a bigger amount and planning to arrange money for it
1 person likes this
@sjvg1976 (41289)
• Delhi, India
21 Aug 21
@Butterfingers normally the gold rates increase every day/month. Yes I do buy some gold in 2-3 months as I know it will be helpful for me in future
1 person likes this
@Butterfingers (66583)
• India
21 Aug 21
@sjvg1976 Thanks so you believe I should buy now and will see an upward trend around Diwali
1 person likes this
@Butterfingers (66583)
• India
21 Aug 21
So you mean this is the Ideal time to buy? Have you invested it? Do you believe it will be high in next few months?
1 person likes this
@LadyDuck (471969)
• Switzerland
20 Aug 21
Gold has always been a safe investment if you fear that your local currency could lose value. Gold is down 8.20% from the previous year, but still up 33% in the past five years, I would be careful.
Stock market and currencies market was my job.
1 person likes this
@LadyDuck (471969)
• Switzerland
21 Aug 21
@Butterfingers Yes, that was my job with my husband during many years. Now we are retired.
1 person likes this
@Butterfingers (66583)
• India
20 Aug 21
That's good so you are a pro in Stock market and in forex?
1 person likes this
@DianneN (247186)
• United States
20 Aug 21
Gold fluctuations are common, but it’s still a good investment. Buy low, sell high. Our financial advisor invests for us in such things as indexed funds, mutuals, bonds, ETFs, etc. We’ve used him since I began my career and have done very well. Someone else manages our other funds for us. Be careful in how you invest and with whom.
3 people like this
@allknowing (137552)
• India
21 Aug 21
It is good to have someone knowledgeable and trustworthy to manage our funds. You are doing well.
1 person likes this
@Butterfingers (66583)
• India
20 Aug 21
Yes having an expert does help and glad he's managing well
2 people like this
@Butterfingers (66583)
• India
21 Aug 21
May be because they feel the prices will fall in next months but mostly we see rise during coming festive months
1 person likes this
@bettydeng5 (1822)
• China
21 Aug 21
I felt it needs much money to invest of gold,
1 person likes this
@prashu228 (37524)
• India
20 Aug 21
Yes ofcourse ... South Indians wear gold..a lot..but I never buy online...
@Butterfingers (66583)
• India
20 Aug 21
But are you interested in investing in Gold
1 person likes this
@cacay1 (83577)
• Cagayan De Oro, Philippines
21 Aug 21
I had that thinking before buying gold , but I was scammed . I just charged it as a bad experience and bad dream . I am also a licensed real estate broker, but in this pandemic , one can hardly get a client. I was able to buy a car out of my big commission in a reality. I have many rockets. I like to have much money in the bank. I am also an insurance broker and enjoyed much big commission. I am a hardworking fellah.
. I just charged it as a bad experience and bad dream . I am also a licensed real estate broker, but in this pandemic , one can hardly get a client. I was able to buy a car out of my big commission in a reality. I have many rockets. I like to have much money in the bank. I am also an insurance broker and enjoyed much big commission. I am a hardworking fellah. 1 person likes this
@just4him (317249)
• Green Bay, Wisconsin
21 Aug 21
@Butterfingers You're welcome.
1 person likes this
@Butterfingers (66583)
• India
21 Aug 21
I hope so too, so I have invested an amount today. Thanks
1 person likes this
