I have to thank Mr.Balu and Ms.Nirmala Balu for bringing me the knowledge about the Gold and its value. I used to talk lot about investing on Gold with Ms.Bharathi Param. 8 Months before I told my friends that gold is going increase in double for its value in 3 Years. 7 months before it was 430USD for a Gold Coin now it is around 560USD.
Last week I said instead of investing in the gold in the Physical Form it is better to invest in the form of Paper. Now SEBI (Securities and Exchange Board of India) approves the same. Now all the MF (Mutual Fund) providers will come with this GETF (Gold Exchange Trade Fund).
It is safe and easy to invest in this kind of format. If the MF providers comes with SIP (Systematic Investment Plan) for the GETF then each and every women in India will invest in gold. This will increase the market for GOLD.
For women with current cultural changes in India the chances of wearing Jewels is less but love to the GOLD is not.
If any of you wants to get clarify about this , Please post your reply as comments.
4 comments:
Param Says:
All my worry is how poor women can wear a Gold. As Swami said she can only write Gold on paper.
Param
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