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How much you gain by investing in Gold? Saving for your child's future this Akshaya Tritiya
Original: How much you gain by investing in Gold? Saving for your child’s future on this Akshaya Tritiya 19 ?
Takeaway
Regular long-term gold accumulation beats single Akshaya Tritiya splurges and historically delivered strong wealth growth.
Summary
- Akshaya Tritiya special — Sai Krishna of Money Purse explains historical gold returns from 1981 to 2019
- In 1981, 10g gold was ~₹1731; by May 2019 it was ~₹32,861, illustrating multi-decade compounding
- Compares regularly accumulating gold over decades vs lump-sum purchase — periodic SIP-style buying smooths cost
- Suggests parents accumulate gold annually for children's future financial goals like marriage
- Recommends spreading gold buying across years rather than concentrated single-day purchases
goldAkshaya Tritiyachild planning
Original description
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