I see a lot of people recommending Gold investing to hedge against the Equity markets. Gold again is glavour as crypto crashed. My view for #NRIs :
What is better for NRIs? #GoldETFs or just simple tax exempted #FDs in NRE bank accounts..@YESBANK proposing up to 7.5% FD interests
What is better for NRIs? #GoldETFs or just simple tax exempted #FDs in NRE bank accounts..@YESBANK proposing up to 7.5% FD interests
Being a NRI, if you really want to keep your money safe and if your earning potential is good and clear for next 10-20 years, then having a good amount in high yielding fixed deposits is not a bad idea. Of course, one should also have clear investment strategy and goals but for
me at least, Equity + FDs seems like a good and healthy mix. Equity of course includes direct stocks + MFs + Index and it can be India + US.
Equity -> For long term goals
FDs -> for short to medium term goals
Allocation depends person to person (age, risk, capital requirements)
Equity -> For long term goals
FDs -> for short to medium term goals
Allocation depends person to person (age, risk, capital requirements)
What do you think guys? @Finstor85 @LearningEleven @soicfinance @ishmohit1 @charts_zone @shubhfin @badola_arjun @suru27
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