Investment options for daughter esp. a baby girl.

[bssunilreddy]

My wife says Physical Gold is always the standard and some land assets for the future of the family. Saving money and buying gold or assets is always the way to go forward these days.

 

[anmolbhard004]

I foresee a civil war happening some time soon . People will get to a point where hunger will rein supreme .

many things can go wrong lets not think this much ahead

and this thread has been de railed

 

[cellar_door]

Put everything in Bitcoin.

The mughals had a saying about the war for succession after a king died. "Takht ya taboot" (throne or a coffin). Live like that. XD

 

[nRiTeCh]

Can we stick to the base topic and not drive through mughals marathas and fadnavis?

 

[yugaaa]

Put everything in Bitcoin.

The mughals had a saying about the war for succession after a king died. "Takht ya taboot" (throne or a coffin). Live like that. XD

Bitcoin also has a similar problem. Pull the plug out of the server and you get to realise that you mined your whole life for nothing . Share markets , currencies are like gambling . When you cannot control the game , better to not get into it . A lot of new investors on the share market always have high hopes of making profits . The ones who know how to rig make the money and the small gullible lose and keep trying to recover their money by investing more .

 

[Neotheone]

Just buy gold . Do not trust anything else . They can crumble any day , any time . Make sure you buy physical gold and not bonds . Gold coins and bars are legally sold in banks . In case of any liquidity emergency you can pledge the gold . Gold appreciates as well .

Have to second that as someone who's been in the financial markets space for a long while. This advice is pure gold. Also - INR multi-period rolling returns of gold and stock indices are usually similar on average to gold, with gold often doing better than indices. On a risk-adjusted basis, gold is a clear winner and with physical gold, you can avoid the taxman.