Thanks so much for these sessions! Very useful. Please keep them coming. Despite weekend investing strategies (being non discretionary) having nothing to do with market sentiments, kudos to you for putting out such rich content to educate us!
Physical gold seems best if you are looking for it as an hedge. If the percentage of holding in one’s portfolio is less than physical gold is the best.
Again! Insightful especially for Indian families that consider Gold jewellery as a good asset. Can the jewellers stocks be considered a good proxy for having Gold exposure? I know Titan can't be considered in this bracket (their business model and diversified interests). If we had a stock like that, it could be preferred over ETFs
Thanks Alok ji receiving lots of crystal clear info❤. Is there is any liquidity issue will come in secondary market SGB during RBI contolling measures time???
for retail folks like us no issue.. if big operators want to liquidate then some slippage but i think max 1 pct lower your sale shd go thru whatever be the amt
While, SGBs were too good to be true ( TGTBT?) I'd missed the first tranche, but firmly on the saddle all the way from 2.75;to 2.5! But on serious thinking, even this move did not make a serious dent! Anyway, I humbly submit the following- 1. While your point about counterparty risk is credible, the same holds good even in case of physical gold, kept in a locker! Assuming a strife-torn situation agar RBI nahi to koi nahi! 2. Physical gold makes sense, if kept as gold bars in one's house! But again when the marauding hordes are at your door, it'll take guts to remove it from its storage space and take it alongwith! Fear Psychosis, is indeed, a formidable force! 3. Assuming one manages to leave one's country, I find it difficult to imagine, that one can hide one's booty, in a refugee camp! Of course we can have that " उस बरगद ले पेड़ के नीचे" at x distance, say NW and 3 feet under! But, seriously? Please understand, that I, for one, look for guidance through your videos and am merely voicing my logical doubts! I sincerely hope you'll address them in your forthcoming video's! 😊
SIR...GOOD PRESENTATION. I HAVE 1 QUESTION... regarding ETF , how do we ensure if we purchase 1 lac of etf units, then the corresponding etf house ( e.g nippon gold bees etf) has in parallel purchased the gold of equivalent quantity.. because if the etf house does not purchase equivalent gold on our behalf then there is a risk of default down the line in 10 years when the prices of real gold will shoot 2x or 5x. ... this question is also relevant in case oif sectoral etf like cpse, silver bees, autobees etc... if the etf house does not purchase equivalent quantity of shares then the etf has no meaning ands can default in future...
If you have physical gold, what about gold monetization scheme as an option? My understanding is that there is no tax and there is an extra interest rate for Long term deposits (>5 years).
Alok, if fresh SGBs will not come, is there a chance that 60 odd old series will see appreciation as people may start buying them from the secondary market? BTW, fantastic content always.
@@AlokJain do I need to pay capital gains tax , if I hold till maturity but bought from secondary market?? ( holding period would be less than 8 years in my account) Please clarify.
ETF is a bad idea, no one can trust mutual fund houses. SGB was better because of the sovereign guarantees. After SGB I will continue buying gold brick and keep in the locker.
If i buy sgb from secondary market and hold it until maturity date , Do i have to pay capital gain tax ?? Bcos i will be holding it till the maturity date, but may not hold for 8 complete years .. Please some one clarify.
@@AlokJain thanks. That means it's sufficient if we hold for just more than one year (after buying in secondary market ) and until maturity date, to avoid LTCG. Less than one year to maturity ( purchase from secondary market ) = short term capital gains would be applicable. Hope this understanding is correct.
By far the best anyone has taken this subject of SGBs! Really got a clear view on the subject. Many thanks for such content Sir. 🎉
You are most welcome
15% of my portfolio is in Goldbees + SGBs
Your Gold Analysis is super
Thanks !
Thanks Alok, Have been following you for many years and learning for many years. Thanks to you that I have some allocation in SGBs
All the best
Very good information shared for section 54 of IT.
So nice of you
The Best & undertated Channel ,Thank you sir for explaining all & comparision and most important expalning 54F is applicable for any asset even Gold .
tks
Thanks so much for these sessions! Very useful. Please keep them coming.
Despite weekend investing strategies (being non discretionary) having nothing to do with market sentiments, kudos to you for putting out such rich content to educate us!
Tks
We bought gold jwellery on fastivals like dhanteras every year and I think that's good.
Now I also want to buy SGBs
Thank you for the great sessions. Learning a lot from you.
Great to hear!
Physical gold seems best if you are looking for it as an hedge. If the percentage of holding in one’s portfolio is less than physical gold is the best.
Almost Forced to buy SGB .
Stickler: Our Golden mahn!!
Result:
SGB: 2 yr ret: 67% against my investment.
❤ Alok ( Sir).
Always worth listening to you Alok Sir
Tks
Thank you for the great Learning a lot from you.
So nice of you
only 7% in sgb bonds, 15% in Bank FDs& Savings, 20% in MFs diversified Lc/Mc/Sc & Debt funds(no sectorial fund) and >> 50% in Stocks)+RE
Very informative... thanks for putting so much efforts to guide us...
So nice of you
Wah!! Dedicated study on gold. Thank you 👍🏻
Most welcome 😊
I preferred physical gold as there is no counterpart risks, only storage to manage
ok
Excellent information Sir. Thanks 🙏
Most welcome
Infact, in past there were quite cooperative banks who have gone bust and depositors could not widthraw their own money.
Yes non scheduled banks face this issue
I prefer sgb in dmat form. I am having from 2017
If i were to buy, i would prefer physical gold. Or etf you can do sip and can buy on every deep
ok
Is gold coins a for of physical gold. Also is a good investment as a hedge to equity investment.
Of course. But don't pay too much premium
Very well made video and great content as always
Much appreciated!
If the gold is bought unofficially than we do have a risk of Counterparty as it might be taken by the IT officials 😅
LoL
Again! Insightful especially for Indian families that consider Gold jewellery as a good asset.
Can the jewellers stocks be considered a good proxy for having Gold exposure? I know Titan can't be considered in this bracket (their business model and diversified interests). If we had a stock like that, it could be preferred over ETFs
I prefer no proxies
Thanks Alok ji receiving lots of crystal clear info❤. Is there is any liquidity issue will come in secondary market SGB during RBI contolling measures time???
for retail folks like us no issue.. if big operators want to liquidate then some slippage but i think max 1 pct lower your sale shd go thru whatever be the amt
Have 10% of portfolio in SGB
Good
@@AlokJain but is it the right allocation?
Amazing content !!!! I guess i will continue saying this 😊😊
:) Tks
While, SGBs were too good to be true ( TGTBT?) I'd missed the first tranche, but firmly on the saddle all the way from 2.75;to 2.5! But on serious thinking, even this move did not make a serious dent! Anyway, I humbly submit the following-
1. While your point about counterparty risk is credible, the same holds good even in case of physical gold, kept in a locker!
Assuming a strife-torn situation agar RBI nahi to koi nahi!
2. Physical gold makes sense, if kept as gold bars in one's house! But again when the marauding hordes are at your door, it'll take guts to remove it from its storage space and take it alongwith! Fear Psychosis, is indeed, a formidable force!
3. Assuming one manages to leave one's country, I find it difficult to imagine, that one can hide one's booty, in a refugee camp! Of course we can have that " उस बरगद ले पेड़ के नीचे" at x distance, say NW and 3 feet under! But, seriously?
Please understand, that I, for one, look for guidance through your videos and am merely voicing my logical doubts!
I sincerely hope you'll address them in your forthcoming video's! 😊
Physical Gold has been stashed away for thousands of yrs. That practice is not changing.
🙏🙏
I prefer SGB and after SGB i prefer Physical Gold.
Yup
Alok I was wondering if it is still ok to buy SGBs from the secondary market to add to my gold exposure?
can do at the right fair price
How's maturity work on sgb , can you please elaborate.. do buyer need todo anything?
No. Redemption will come to your bank acct regd with DP
Hello Sir, thanks for gr8 insights on Gold !!! How can we buy physical gold ? Plz guide.
MMTC PAMP is a trustable brand
@@AlokJain Thanks a lot sir !!! I will check this.
Does physical gold not have counterparty risk ? For sure we won’t keep gold in our house. It will most likely be kept in a bank locker
Yes if kept elsewhere, some risk is there
I hope we can buy SGBs in secondary market..
Most are trading at premium
Sir all gold in MI evergreen and wife's jewellery box 😃
Haha
SIR...GOOD PRESENTATION. I HAVE 1 QUESTION... regarding ETF , how do we ensure if we purchase 1 lac of etf units, then the corresponding etf house ( e.g nippon gold bees etf) has in parallel purchased the gold of equivalent quantity.. because if the etf house does not purchase equivalent gold on our behalf then there is a risk of default down the line in 10 years when the prices of real gold will shoot 2x or 5x.
...
this question is also relevant in case oif sectoral etf like cpse, silver bees, autobees etc... if the etf house does not purchase equivalent quantity of shares then the etf has no meaning ands can default in future...
You can go check their books and ask for holding proof of physical.metal
If you have physical gold, what about gold monetization scheme as an option? My understanding is that there is no tax and there is an extra interest rate for Long term deposits (>5 years).
its not easy. collwction centres are far and few. No official even in main branches know about it.
That scheme has failed to take off due to v low interest
So nifty at 25500- 26000 by festive season?
Maybe
We can buy sgb from exchange as they are also traded on exchange and listed there
Yes can
Since new trenches are not coming for SGB , how about buying it in secondary market?
Careful evaluation is needed. Will do more videos
@@AlokJain 🙏
Alok, if fresh SGBs will not come, is there a chance that 60 odd old series will see appreciation as people may start buying them from the secondary market?
BTW, fantastic content always.
Already that is happening. All series abv fair value
@@AlokJain do I need to pay capital gains tax , if I hold till maturity but bought from secondary market?? ( holding period would be less than 8 years in my account)
Please clarify.
@@mukul5672 good one
Thank u very much sir
So nice of you
Sir please provide a coupon for Mi20 too....
send mail to support at check pls
ETF is a bad idea, no one can trust mutual fund houses.
SGB was better because of the sovereign guarantees.
After SGB I will continue buying gold brick and keep in the locker.
sir, plz tell which applications u use to record ur video and editing these videos. take care.
Drop mail to team
Goldbees
What about gold mutual funds?
They are the worst as expense ratio is higher than etfs
@AlokJain oh now it's time for me to redeem, but I'm waiting for some hike in the value.
Can we still invest in existing sgb's from secondary market and get tax benefits?
Yes ..
As long as you hold them for 5 yrs ( for no tax ) 1 yr for LTCG and STCG on less than 1yr
Yes
If i buy sgb from secondary market and hold it until maturity date , Do i have to pay capital gain tax ??
Bcos i will be holding it till the maturity date, but may not hold for 8 complete years ..
Please some one clarify.
no cap gain on maturity if held long term.
@@AlokJain thanks.
That means it's sufficient if we hold for just more than one year (after buying in secondary market ) and until maturity date, to avoid LTCG.
Less than one year to maturity ( purchase from secondary market ) = short term capital gains would be applicable.
Hope this understanding is correct.
No Sir, not gold
Ok
sir you should concentrate more on smallcases I think instead of daily videos, your smallcases arent performing well!
thanks for your advice.
At 66 years old , you would have equal amounts of Gold,Equity and Real estate in your Portfolio.😂
best options
RBI can Stop SGB, people will go back to physical gold.
Ya
there was news of TRENT being moved to nifty, if true, will it be removed from any non nifty related small case? 🥲🤔
Yup