This Diwali, if you are contemplating investing into gold, then remember that you do not necessarily have to buy it in the physical form. There are a few options to buy virtual gold which will not only enable you to earn the upside on gold, but will also spare you from worrying over its safety … Read more
I had invested in Sovereign Gold Bond (SGB). I opted for early redemption after the completion of five years. Are the profits made on such early redemption also tax-exempt, like redemption on maturity? Am I required to declare long-term capital gains on these bonds in my ITR2? A Sovereign Gold Bond (SGB) is the best … Read more
Sovereign Gold Bonds (SGBs): The Reserve Bank of India (RBI) has released a calendar for the premature redemption of the Sovereign Gold Bonds (SGBs) issued between May 2017 and March 2020. The central bank plans to process the redemption of 30 SGBs from October 11, 2024, to March 1, 2025. According to RBI guidelines, SGB … Read more
Do you like investing in gold or invest in gold for diversification of your portfolio? Then you need to know about the recent changes concerning gold that came out in yesterday’s budget. In this article, we will look into the changes and how they might impact your personal finances. The first thing that caught everyone’s … Read more
In an interaction with Mint, Kumar, known as the 80:20 investor, discusses his investment portfolio, his reasons for avoiding real estate, and why diversifying investment styles is as important as asset allocation. He advocates for a focused approach to investing, leveraging the ‘Pareto principle’ (80:20 concept) to achieve optimal results with minimal effort. Edited excerpts: … Read more
Do you have a special affection for precious metals such as gold? If yes, then you do not necessarily have to invest in the physical gold only. You may even invest in their digital avatar as well. These include sovereign gold bonds (SGBs) and gold ETFs (exchange traded funds). It is vital to note that … Read more
I have been investing in sovereign gold bonds since 2019. However, my employer recently relocated me to Berlin, Germany, and I will be working there for at least two years. Do I need to sell my investments in the bonds or can I continue to invest from abroad? —Name withheld on request Your query infers … Read more