Gold as an Asset Class

gold asset

“I like gold because it is a stabilizer; it is an insurance policy.”

–Kevin O’Leary (Canadian Businessman)

“Gold is the money of Kings”. Gold has a significant immensity in India. We as a whole love to wear gold jewels and in fact, they turned out into materialistic trifle. Be that as it may, shouldn’t something be said on gold as an investment.
You can buy gold in a different form other than physical form. You can get Gold as a mutual fund, you can even buy gold bonds and the trend of digital gold. The gold fund offers investors the convenience of buying pure gold at a low cost. You buy gold in the form of units and these units will be linked to market prices and you can sell gold whenever you want.

Let’s discuss in detail about gold in different forms.

  • Physical form:

Holding the gold in physical form involves high cost and less safety. Sometimes making charges will be as high as 14-18% of the cost of gold. Buying gold in the form of bars and coins also falls under this category. “Gold Saving Schemes”- where you deposit a fixed amount of money on a predetermined basis and on the maturity of a time period, you’ll buy the gold.

  • Gold Mutual Funds:

These funds invest in gold. The product called a Gold Exchange Traded Fund (ETF) was launched in 2007 and became popular as investors saw it as a good deal. You get these for a lower cost than buying physical gold and offer a 100% purity with no making charges. You buy a unit of gold ETF at the current market price of gold. One unit of ETF is equal to 1 gram of gold. You need to have a demat account to invest in gold ETFs. Gold funds allow a minimum investment of Rs 1,000 (as monthly SIP).

  • Sovereign Gold bonds:

Sovereign Gold bonds are the government securities issued by RBI(Reserve Bank of India). They are denominated in terms of grams. The investors can avail it through paying cash and on maturity the gold will be redeemed for cash.

  • Digital gold:

Digital gold is relatively very new to the market. It is very simple and transparent to buy and sell gold instantly. Physical gold has limitations on safety and security issues. But there is another gold investment option that overcomes all the challenges of holding physical gold and that option is “Digital Gold”.

Are you looking for the best platform to make a gold investment, here look at some of the features of MyWay Wealth:

  • You can buy 24k Gold and skip the responsibility of safe-keeping and traditional lockers.
  • You can get a free and secure locker from BRINK’s, a global leader in gold custodian services with 100% insurance cover.
  • Sell your gold with one click, anywhere and any time.
  • Get your gold delivered to your doorstep, hassle-free.

Pictures of Myway Wealth App

In Addition to 24k Gold, you can also invest in Gold with another option on MyWay Wealth. I.e. you can invest in Gold Funds through SIP where you can gain appreciation in gold value without the hassle of owning physical gold. You can start investing in gold with as less as Rs 500.

Embrace your investments through MyWay Wealth!

A Penny Saved is a Penny Earned.

Save every penny

“Do not take yearly results too seriously. Instead, focus on four or five-year averages.”

-Warren Buffett.

We worry about the investment the way we worry about our weight. Instead of dieting or investing being a habit, we only think of them as remedial measures when our weight or our bank balance goes too high or too low

Regarding the Indian Banking System:

India is in the middle of a digital transformation. Today you can open a bank account in less than a minute, with e-KYC (electronic KYC). Today, that’s a total of three minutes, versus three trips to the bank earlier. You need an OTP (One Time Password) instead of three sets of addresses and Id proofs, along with some thirty signatures.

Moreover, you can access all of these bank accounts from one app using UPI (Unified Payment Interface). No need to worry about updating your passbooks every month. The app you choose doesn’t even have to be your own bank’s app, you can choose the one that suits you the best.

Connecting With Mutual Funds:

Mutual funds, once thought to be the investment instrument of the elite only, are now available, starting in sachets less than Rs. 500 a month! You can start investing in a completely paperless, presence-less and cashless manner. You accumulate your cash, and then some sharpshooter comes along and offers this fantastic deal and gets your money. The core principle behind investing is to choose the right Mutual Fund that is based on your investment appetite and financial goal. Having made the right decision, you can be assured that your investments are safe, will fetch you the right returns and definitely better returns than Fixed Deposits.

How to Invest in Mutual Funds?

You can invest in a mutual fund, where you can increase cash or value from three sources:
Capital gain
Income earned
The increase in share prices

1.Capital gain:

When a fund sells a security that has gone up in price, that is a capital gain. And when a fund sells a security that has gone down in price, that is a capital loss.

2. Income earned:

Wherein an individual can earn from dividends on stocks and interest on bonds. A mutual fund pays all of the net income (in the form of distribution).

3. The increase in share prices:

This eventually happens when there is an increase in the price of the share. One can sell the fund and can earn a profit.

MyWay
To get access to top recommended mutual funds, MyWay Wealth is a one-stop destination. Where you can invest your funds and can secure your future. MyWay Wealth offers you direct plans for investment. Equity where you can create long-term wealth creation, Debt is where one who is looking for short term investment, and Hybrid is where you can invest your funds in equity and debt. You need is a few minutes to complete your KYC process and put in your monthly contribution.

Think about investment. Think MyWay Wealth.

Did you forget why today is important?

Dear Customer,

More than ever, women are living longer than men. Women are assuming greater professional and leadership responsibilities, while still managing their personal and family finances.

Questions that we need to ask ourselves:

● What  do I own? – Assess where you are currently, with your investments/ assets – physical and financial.

● What do I owe? – Bring down bad loans, if any.

● What are my goals for my money? – Write down your financial goals; short term, medium term and long term financial goals with amounts and the year in when you need them. Prioritize those goals and start with the first three more important ones.

Key points to keep in mind.

1.  Invest in retirement –  The National Pension System is not talked about enough, with it, you can create a corpus dedicated towards your retirement & also avail tax benefits on payment above 80C.

2.  Protect against the unknown – Take term insurance, there are several tools to help you assess the exact values. Be involved in family finances, it doesn’t mean that you have to be involved in the day-to-day aspect of it. But even just starting with understanding where are the assets, how are they invested, what’s out there? The last thing you want is something unexpected to happen, and you being unprepared to handle it. So even just understanding what your situation is a good start.

3. Get financial education – Getting a better understanding of money takes work, but it doesn’t have to be overwhelming. Equipped with the right attitude and education, women can feel empowered and confident about their financial future.

I am a strong believer in the live well and save smart philosophy. Investing is not as hard as it is made to sound. You can educate yourself on your investments through the journey. Equip yourself to ask the right questions and don’t fall into any sugar traps of returns and multiplied money.

Women’s investments are no longer an option, however a reality and a priority. Invest for you.

Watch our video on Women and Money

If you have any concern, please write to us at dipika@mywaywealth or call at 7975755821we would be happy to answer your query.

Thanks,
Dipika J (VP, Business development)
MyWay Wealth

Invest in Mutual funds online - Dipika Jaikishan

How to invest in a Mutual fund online?

As the newer generation is moving from manual transaction to online transaction, this video talks about the various advantages of investing online. It also helps in simplifying the process of investment in a fast, effective and efficient way. Mobile apps like MyWay Wealth can be installed and steps are as easy as:

  • Register one time.
  • Complete your KYC(Know Your Customer).
  • Sync your bank account.
  • Select your mutual funds for investment.

Gold or Mutual Funds?

Gold or Mutual funds ?

As women, we love to show off our jewelry as they define our social status, lifestyle and earning capacity. Weddings, anniversaries or Akshaya Tritiya, we rush to get our favorite ornament made of gold. Why?
We hear our moms and grandmoms say, “Buy Gold, it would help when you are in need of money”. Meaning, traditionally Gold is not just a piece of jewelry but is considered as an investment.
Then why does the business magnate, Warren Buffett, does not invest in Gold?
He says: “It doesn’t do anything but sit there and look at you.”

They say investments in Mutual Funds fetch better returns. Do I choose Mutual Funds or Gold? Which one’s better?
Let me list down the differences between the two, that will help answer the above question and help you to make the right choice.

 

Investment in Gold

Investment in Mutual Funds

  • Gold is not affected by market conditions.
  • The process of investing gold and managing investments is an individual’s responsibility.
  • Fear of theft or loss of purity is more as Gold is a physical asset.
  • Diversification can happen only if one chooses to invest not just in Gold, but in silver, or other mining products.
  • Value of Gold is more hence the amount you invest in Gold would naturally be high.
  • Gold remains to have the same value unless someone buys it at a higher price.
  • Gold incurs making charges and wastage
  • Mutual funds are affected by market conditions so there is potential to earn higher returns.
  • Mutual Funds are handled by Professional Fund Managers who perform research and guide your investments in Mutual Funds.
  • Mutual funds are invested in stocks, bonds, or Gold ETFs, they are electronic or online investments.
  • Mutual funds provide the option of diversification as it allows investment in bonds, cash, or commodities like gold and other precious metals.
  • Initial Investment in Mutual Funds can be as small as Rs. 500 Read More: Let your money grow
  • Mutual Funds have no such charges, in fact, investment in Direct Mutual Funds don’t even have commission charges.

Does this mean I cannot invest in Gold? No, they are better ways to invest in Gold.

Yes, MyWay Wealth, India’s most trusted app for Direct Plan Mutual Funds, allows you to invest in Gold through Gold Funds, where:

  • There are no making charges, thus it ensures more gold for your money.
  • No Worries about theft and no additional locker is required or safekeeping charges.
  • No purity issues, unlike physical gold
  • You can start investing in gold with as less as Rs. 500.
    Explore: Top Rated Gold Funds
    So switch from Gold to Gold Funds and earn the best returns on your investment.

Start Investing in MyWay Wealth!

Child's Education Goal - Dipika Jaikishan

How to invest towards Children’s Education Goals?

This video helps you to plan your child’s education successfully and tells you the need to invest right now for your child’s future.

Here is a quick overview of this video:

  1. What is a child’s education plan?
  2. What your basic motivation should be while investing in this plan?
  3. Where can you invest in your child’s future?
Investing towards Retirement - Dipika Jaikishan

Investing towards Retirement

Do not delay investments for your Retirement. Investing early will help you to build a large corpus that would make sure you are financially independent and secure during your Retirement Days. You have worked hard, now its time to make it work you.

Be the perfect Santa to your family! Act NOW!

Be the Santa to your family

Why one should invest in SIP through MyWay?

Fund recommendation engine:

Invest in Funds which have constantly outperformed market.

Real-time tracking:

Track/monitor your investments with a click of a button anytime, anywhere.

Portfolio Rebalancing:

Get your risk covered by periodically balancing your portfolio.

Do-It-Yourself:

You can invest in over 5,000 direct plans in your own way.

If you have any concern, please write to us at ask@mywaywealth.com or call at +918048039999, we would be happy to answer your query.

Gold Investments - Dipika Jaikishan

Is investing in Gold a good idea?

Safety, Liquidity and Returns are the three factors that most conventional investors look for before making any investment. While Gold meets the first two criteria significantly, but it doesn’t do too badly at the last one either. Here are two main reasons why you should invest in gold:

a. Gold investment is worthwhile because it is an inflation-beating investment.

b. Gold has an inverse relationship with equity investments.

However, every investment is unique and hence choose your investments in Gold wisely and based on your investment needs.

How to plan your retirement with National Pension System (NPS)?

The best way to predict your future is to invest in it.

At a point when individuals retire they will either have no or very little monthly income. This means that, you have to alter your lifestyle. Coming to think of it, it’s actually difficult to compromise on your comforts and expenditure.

As a solution, opting a pension scheme would help you to save a good corpus for your old age, thus providing financial security and freedom. One such scheme that we will discuss today is the National Pension System (NPS).

(more…)