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Advait

Advait Arora  |1263 Answers  |Ask -

Financial Planner - Answered on Aug 28, 2023

Advait Arora has over 20 years of experience in direct investing in stock markets in India and overseas.
He holds a masters in IT management from the University Of Wollongong, Australia, and an MBA in marketing from Charles Strut University, NewCastle, Australia.
Advait is a firm believer in the power of compounding to help his clients grow their wealth.... more
SHIVARAM Question by SHIVARAM on Aug 23, 2023Hindi
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whether Niftybees, Bankbees, Autobees Goldbees are good stock for long time

Ans: Yes its a passive way for investing
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |2636 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 16, 2024Hindi
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Is it good decision to start SIP in goldbees?
Ans: Starting a Systematic Investment Plan (SIP) in Goldbees entails investing in gold exchange-traded funds (ETFs), which track the price of gold. Let's evaluate this decision:

Gold has historically served as a hedge against inflation and economic uncertainty, offering diversification benefits to investment portfolios.

Investing in Goldbees through SIP allows for systematic accumulation of gold over time, leveraging rupee cost averaging.

However, it's important to note that gold prices can be volatile in the short term, influenced by factors such as geopolitical tensions and currency fluctuations.

Gold does not generate any income or dividends, unlike stocks or bonds, which may impact overall portfolio returns.

Additionally, gold does not generate any intrinsic value or cash flow, unlike productive assets such as stocks or real estate.

Investors should carefully consider their investment objectives, risk tolerance, and portfolio diversification before allocating a significant portion of their portfolio to gold.

While gold can be a valuable addition to a well-diversified portfolio, it's essential to avoid overexposure and maintain a balanced allocation across asset classes.

In conclusion, starting an SIP in Goldbees can be a prudent decision as part of a diversified investment strategy, but investors should weigh the pros and cons carefully.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2636 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - May 03, 2024Hindi
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will it be wise to start a sip in GOLDBEES .Pl guide
Ans: Starting a SIP in GOLDBEES can be a prudent decision depending on your investment goals and risk tolerance.

GOLDBEES is an exchange-traded fund (ETF) that tracks the price of gold, offering exposure to the gold market.

Investing in gold can provide diversification to your portfolio, especially during times of market volatility or economic uncertainty.

However, it's important to consider certain factors before starting a SIP in GOLDBEES:

Investment Objective: Determine if your investment objective aligns with the characteristics of gold as an asset class. Gold is often viewed as a hedge against inflation and a safe haven during economic crises.
Risk Profile: Assess your risk tolerance and investment horizon. While gold can provide stability to a portfolio, its prices can be volatile in the short term.
Portfolio Diversification: Evaluate if adding gold exposure through GOLDBEES complements your existing investments and enhances diversification.
Cost Consideration: Take into account the expenses associated with investing in GOLDBEES, including management fees and brokerage costs.
Market Conditions: Consider current market conditions and the outlook for gold prices before initiating your SIP.
As a Certified Financial Planner, I recommend consulting with a financial advisor to assess if GOLDBEES aligns with your overall investment strategy and financial goals.

While gold can be a valuable addition to a diversified portfolio, it's essential to ensure that it fits into your broader investment plan and risk management strategy.

Ultimately, the decision to start a SIP in GOLDBEES should be based on thorough research and consideration of your individual financial circumstances and objectives.

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Archana

Archana Deshpande  |37 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 19, 2024

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I have completed my B.E in Mechanical in 2021. But jobless till now due to many factors such as following: 1)Due to family issues 2)Low Salary packages inspite of longer distance travelling to office 3) Slow growth in the establishment 4) preparing for govt jobs No I am fed up with all above things... What to do ?
Ans: Hi!!
Syed, you are asking me what to do, here are my suggestions-
1. have clear goals with respect to your job
2. you have listed so may reasons for not taking up a job, now find a few reasons to take a job - your self respect, your own money to spend are some I can think of
3. it's very easy to quit a job, find reasons to stay
4. invest in your physical and mental well being, a clam and collected mind will take better decisions
5. I really won't say slow growth in an organisation, if I had finished engineering in 2021 and it is middle of 2024 now
6. preparing for Govt Jobs is a good idea, look into doing this thing well if you are really serious about it
7. give your 100% in everything you do Syed!! Let there be energy, enthusiasm and excitement in your search for a job, it's your life, take charge of it and see how you want it to unfold. Do all that which is in your control
8.you get fed up when you don't see progress and not celebrate your wins however small they may be! Every step you take towards your goal, pat yourself on the back, be your greatest cheer leader
9.do not compare yourself with others, compare only if you feel inspired
10. focus on your well being and happiness
11. take up a job and do well there, it is better to do a job than to sit idle or
12. look to upskill in an area you want to work, look for job oriented courses
13. seek help if need be

All the very best!!

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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