| Gold enthusiasts go to the extent of advising that one should make investment in gold on the eve of Dhanteras every year a la Systematic Investment Plan (SIP) of mutual funds. SIP over a long period of time evens out the gyrations in the stock market given the reality of averaging and booms and bottoms so that the investor doesn’t have to do the near impossible task of timing the market.
In this light the parallel drawn between SIP in stocks and annual Dhanteras eve investments in gold does sound pragmatic---you keep up with your religious beliefs while at the same time investing for the rainy day. Indeed gold can be one’s rain check given its scarcity value..........................................Full Article: Source
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