A very nice SGB tool created by Mr Amit Wani

SGB Discount Calculator - Buy Gold at a 30% Discount!
@mtwn105

What a super chart....10 yrs of growth...with hardly any hiccups

#Alkyl

#Gold the setup look like a rocket to me... maybe my bias

All those who invest (non leveraged) directly in the US markets from India please use this thread to educate others on the pros and cons of each platform you have used, costs, taxation, advice etc...

It will be a great learning for me and every body else.
Tks

Here is some info on the

Last 10 years of #FMCG run.... Marico beating all others is a surprise for me !!

WA fwd but good one 🧵

Nine #PersonalFinance Rules we all should better know.

1) Rule of 72 (Double Your Money)
2) Rule of 70 (Inflation)
3) 4% Withdrawal Rule
4) 100 Minus Age Rule
5) 10, 5, 3 Rule
6) 50-30-20 Rule
7) 3X Emergency Rule
8) 40℅ EMI Rule
9) Life Insurance Rule

) Rule of 72

No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs

At 6% rate, it will take
12 yrs
At 9% rate, take
8 yrs

2) Rule of 70

Divide 70 by current inflation rate to know how fast the value of your investment will get reduced to half its present value.

Inflation rate of 7% will reduce the value of your money to half in 10 years.

3) 4% Rule for Financial Freedom

Corpus Reqd = 25 times estimated Annual Expenses.

Say Annual Expense > 50 years is 500,000 then corpus with you required is 1.25 cr.

50% into fixed income & 50% into equity.

Withdraw 4% every yr

This rule works for 96% of time in 30 yr period

4) 100 minus your age rule

This rule is used for asset allocation.

Subtract your age from 100 to find out, how much of your portfolio should be allocated to equities

Age is 30 so (100 - 30 = 70)

Equity : 70%
Debt : 30%

Age is 60 so (100 - 60 = 40)

Equity : 40%
Debt : 60%

During the high inflation cycle of the 1970s, the gold price rose 1,200%.

If history repeats itself we'll see an ounce of gold rise to $21,600.

#Gold CBs buying, China importing, more stimulus planned, economies opening up, BASEL III rules coming, inflation has spiked, supply is harder than ever to bring online, money printing ATH.... Not rocket science.