Tuesday, August 17, 2010

Investing in gold

Sir,
I am from India. I read your blog on net and saw your site also.your profile seem to be very interesting and excellent.
May I ask, is it safe to invest in gold in India? Can I invest all of my money in this field? 



REPLY
My suggestion is to have a diversified investment portfolio. You can have not more than 20% of your total savings in gold. Maybe, 10% is the right proportion. 
For the remaining savings, you should invest in a diversified fund. Read my book on financial planning (www.easysearch.sg/ishop) or www.tankinlian.com/ask.aspx