20.04.2015 - Don't buy gold on Akshaya Tritiya
This year, clients of Bengaluru-based financial planner Anil Rego have not yet asked him for advice on whether they should buy gold on Akshaya Tritiya. Given Indians' general love for gold, this lack of interest might seem surprising as the festival, on the coming Tuesday, is considered an auspicious occasion to buy gold. Or, maybe not, given how returns from gold have fallen over the past couple of years. "Gold should be part of your asset allocation. While equities will always do better than gold in the long run, having gold along with equities will reduce the risk in your portfolio and improve the returns," Rego says..........................................Full Article: Source
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