GOLD ETFs vs SGBs
WHICH ONE SHOULD YOU OPT FOR?
Published By MintGenie Team | 22 Dec, 2023
SGBs' Investor Appeal
Recent SGB releases attract investors seeking refuge against inflation, driven by gold's historical value appreciation.
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Gold ETF Advantages
Introduction of gold ETFs encourages investor interest, offering affordability, liquidity, and diversification in portfolios.
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ETF Benefits Over Physical Gold
Gold ETFs excel in accessibility, liquidity, and reduced expenses for storage and security, differing from physical gold investments.
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Diversification Potential
Gold's low correlation with traditional assets makes ETFs a valuable tool for portfolio diversification during market volatility.
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SGB Unique Advantages
Government-backed SGBs assure security, fixed annual interest (currently 2.5%), and tax exemptions on maturity gains.
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Investment Decision Points
Choosing between ETFs and SGBs depends on individual goals; ETFs for liquidity, SGBs for long-term capital protection and tax benefits.
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Gold ETF Considerations
Opt for ETFs for flexibility in buying/selling, capitalizing on short-term price changes.
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SGB Preference
Choose SGBs for wealth preservation, assured returns, and tax efficiency, emphasizing long-term investments.
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Tailored Decision Making
Selection depends on specific investment objectives and risk tolerance, highlighting the need for individual assessment.
Credit : PEXELS
Financial Advisor's Role
Before deciding, seeking guidance from a financial advisor is prudent to align choices with individual financial circumstances.
Credit : PEXELS
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