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
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!