2007-11-28 14:57:29 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
ofcourse u would safe. ---mgdvINDIAN
2007-11-28 15:14:41 · answer #1 · answered by manohar v 3 · 0⤊ 0⤋
YES. It will be one of the safest thing to buy gold and then storing the same in vaults.
But why do you need to do the same? Particularly since there are several other nice ways to keep your money plus keep earning on the same.
One more thing you can do is, buy units of GOLD based ETFs ( exchange traded mutual funds). These are paperless ( in demat form ) and the rates keep changing as per the market conditions. The fund operators are professionals knowing better than general people and lastly when you wish you can encash the units by selling them and converting the same to physical gold. Pls think of this option since it is very safe ( at less charges ) and keeps adding to the investments.
2007-11-28 16:51:08 · answer #2 · answered by Nitin G 7 · 0⤊ 0⤋
yes, but it's smarter to buy shares in a gold mining company -
2007-11-28 15:00:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋