randomGuy Posted September 19 Share Posted September 19 (edited) In last 3 years, I meaningfully invested only in gold(sgb, goldbees etc) that too just for 6 months...in arnd October last year, after hamas attacks or thereabouts, arnd a crore and booked out in March, April for a 18-20% gains... Looks like everyone starts with PSU banks...10 yrs back I too bought PSU banks in 2014 when I first started and didn't have a clue...maybe because they have low pe ratio. From past 3 years I think everything is expensive, even gold n real estate. I won't touch anything for 1-2 yrs probably. Edited September 19 by randomGuy Link to comment Share on other sites More sharing options...
Real McCoy Posted September 19 Share Posted September 19 27 minutes ago, randomGuy said: In last 3 years, I meaningfully invested only in gold(sgb, goldbees etc) that too just for 6 months...in arnd October last year, after hamas attacks or thereabouts, arnd a crore and booked out in March, April for a 18-20% gains... Looks like everyone starts with PSU banks...10 yrs back I too bought PSU banks in 2014 when I first started and didn't have a clue...maybe because they have low pe ratio. From past 3 years I think everything is expensive, even gold n real estate. I won't touch anything for 1-2 yrs probably. I believe SGB is LTCG free IIRC. Is it true? Link to comment Share on other sites More sharing options...
Real McCoy Posted September 19 Share Posted September 19 42 minutes ago, Lord said: Help him out guys @velu @randomGuy you left out the important bits from mudiji. how sneaky of you Link to comment Share on other sites More sharing options...
randomGuy Posted September 19 Share Posted September 19 10 minutes ago, Real McCoy said: I believe SGB is LTCG free IIRC. Is it true? Yep. till last year it was taxed as per income tax slab rates for short term gains iirc and if you held for 5 yrs or till maturity, it was (and is still) tax free. Pls double check. Real McCoy 1 Link to comment Share on other sites More sharing options...
velu Posted September 20 Share Posted September 20 On 9/19/2024 at 7:59 PM, Lord said: Help him out guys @velu @randomGuy Mkts firing up , but most traders are in soup because of random intraday moves Lord 1 Link to comment Share on other sites More sharing options...
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