Month: August 2018
Investing in gold is one of the smartest investment choices. Gold is not just valued as an ornamental metal. It is one of the oldest investment solutions. You may invest in gold coins or gold bricks to keep your gold in pure form. It has plenty of benefits that set it apart from other investments. They include;
- Global Acceptability
People from all parts of the world recognize and accept gold. Gold is the same in all parts of the world. You can use it to trade regardless of where you are. It is always on demand regardless of where you go. Most other investments are only marketable in certain parts of the world. You can keep our gold or sell it to make high commissions.
- High Demand
The demand for gold is high. It has a number of uses including making different kinds of jewelry. The demand continues to grow for both investors and consumers
Gold is a tangible asset. You can see and touch it. Even though it is tangible, it does not require maintenance. It is resistant to weather elements and it cannot be damaged by fires. With gold, what you see is what you get. You do not need to sign contracts or do anything else to use your gold.
It Takes Up Little Space
- It Takes Up Little Space
Gold does not take up a lot of space. A little amount of gold has a high value. You can make huge profits from gold that fits in the palm of your hands. It is possible to store it discreetly a home or in safe deposit boxes at the bank. You can easily travel with your gold.
History of Holding Value
- History of Holding Value
No matter how old your gold is, it will always be valuable. Gold does not have an expiration date. T is, therefore, an excellent investment to pass down to your children. The prices may fluctuate from time to time but they will always be high compared to other investments. The price of gold increases when the prices of other commodities goes up. Even during high-inflation periods, gold does not lose its value.
Buy your gold from Indigo Precious Metals is a company that trades in precious metals including gold. They have a five star trust rating and they put in effort to ensure the privacy of clients. They have measures to ensure discretion at all times. The company has a zero solvency risk.… Read More
The most often discussed investment options are Unit Linked Insurance Plans and Mutual funds. There is a longstanding debate between investor and advisors about which is the most worthy option out of these two. They are very similar in their structure and functioning yet distinctly different. Both the options offer investors an exposure to a market-linked portfolio and provide a chance to get positive returns. So, let’s have a quick look at some aspects of investing and understand these two popular investment products.
ULIP as a life coverage product offers insurance benefit to the policyholder and also asset choices to invest in numerous qualified investments like mutual funds, stocks or bonds. It is attractive mostly as it offers an investment option along with an insurance cover. When a premium is paid for a ULIP plan, a specific part goes for life cover and the remaining as investment. Nevertheless, investment in a Unit liked insurance plan yields good results only if invested for a long term.
It is an option with a collective investment scheme, where the money of investors is pooled and put in different asset classes or shares, and so on. As a many investors invest in the fund to form a pool, this is a productive form of investment. Thus, an investor can purchase bonds and stocks at a comparatively lower trading cost. In addition to this, in most cases of MFs, money is available to investor anytime he/she wants it. From time to time, the dividend is distributed to the mutual fund investors.
Mutual Funds are pure investment product whereas Unit-linked Insurance Plans cover the benefits of both insurance cover and investment option.
When it comes to investing your money, naturally you will look for maximum returns. Unit Linked Insurance Policy proves to be a better option in case of the long-term investment plan.
Other benefits of ULIPs over an MF are:
- As compared to other investment options in investment segment, ULIPs provide transparency and flexibility as compared to other investment options in insurance segment
- ULIPs offer triple tax benefit –
- ULIPs offer initial tax saving under section 80C.
- The final sum at plan completion is tax free under section 10(10D).
- The entire investment amount doesn’t call for any tax except mortality cost.
- It also allows an investor to switch between debt funds and equity funds or vice versa with no entry or exit charges like in case of MFs.
No matter what your financial goal is like for child education, retirement etc., a Unit Linked Insurance Policy upto maturity will work as a benefit. It will give you a chance to enjoy the double benefit of protection and savings, in one scheme.
Start investing in ULIPs to get the best returns now!
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