Advantages And Disadvantages Of Each... |Vinod Srinivasan| |Albin|
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Wrong information. SGB purchase price and maturity price is 1 week simple average market price of 24K gold. 1 week is before the week of purchase or maturity week. So it is market rate and not in premium or discount. Please fact check your data
You are partially correct.
It is three working days average price and not one week.
Ganesh is right
@@ganesannachimuthu4445 you're correct bro...the price is last 3 days average
Then why these guys are saying premium.
@@தங்கராசு_ராமசாமி I think they are comparing 22k gold jewel rate to 24k gold rate. SGB is linked to 24k rate.
If you are against SGB, then probably state it out rather than giving false facts. SGB is NOT sold at a premium price compared to other forms of gold. Its price is linked to 24 carat gold. It’s only drawback is lack of liquidity if u want to sell before 8 years. On all other fronts, it’s a better investment of gold compared to others.
Can you please confirm the current market of gold price and sgb
@@dineshkumarchandrasekaran2347 as of today 23rd December , 24 carat gold rate (against which sgb is linked) is 6349/gram, and sgb (2023 issue 3) is priced at 6199 (6149 if u buy online)
Currrent series is launched at 6149 per gram. Series closed on 22-Dec-23: Chennai market rate6355
@@sherwoodkiruba8330 ya, and these guys are saying that it’s sold at a premium itseems
Few things
New tranche sgb was 6149, market rate was in that range. No gst while buying agb, no tds for 2.5 % interest, no capital gains tax afer masturity.. 50 rs discount given when applied online. While buying and selling avg if the last 3 working days are taken for price.
Goldbees says 1 unit -0.01 gm but cant find the correlation, is taxable even if you hold it for short or long term..there is expense ratio which goes to the fund manager,
No tax, no gst, no tds no interest, no expense ratio. Tradable but sgb are not worth investing ? What is the problem in it when you are InVEstor. If one is advised to hold atocks forever why cant a portion of gold..this inherest self biases because of Mr..Anand not opting for sgb because of his political views and no confidence in the current govt shouldnt reflect in the opinion or advice given. Make sure to give unbiased opinion with advantages and disadvantage if your intention is to bring about that information to the viewers.. thank you
You are right about his philosophy.
Physical gold comes in handy in case of emergency. And, we can’t get loan against SGB bonds.
You are right about his philosophy.
Physical gold comes in handy in case of emergency. And, we can’t get loan against SGB bonds.
@@NiceGood-nc3kg it seems logical to suggest invest in three of these for varied reasons. Physical gold for utmost emergency like running away from country, sgb for long term investment, gold bees for other emergencies. Diversify and grow
SGB is the best. SGB should be compared with other types of bonds. In a single product we are getting the benefits of both Gold and Bonds. If we hold it for 8 years, SGB is the best. We should have some physical gold and the remaining in SGB. I don't really see much benefit from ETF. ETF is for traders.
sir, please discuss with team on topic and questions, ask them to browse through to find correct info before formal video, rather then adhoc/blind guess as 'i think so' :(. plz be mindful of others time too, so you can provide good and correct content. hopefully you guys take these inputs and improve. thanks
SGB Dec 2023 unit price is Rs. 6149 per gram. Today 24ct gold rate is Rs. 6349 per gram. There is no preminum as you said.
They thought itis for 22 karat gold 😂
Absolutely @@viki19910
I guess sgb is good in all respects except liquidity. One more problem is at the time of maturity there is a chance that the price of pure gold may go equal to or below the sgb purchase price
Personally I don't agree with the preference. Nippon gold bees etf has 0.79 expense ratio which is high and sgb is price is determined by basis of simple average of closing price of gold of 999 purity, published by the India Bullion and Jewelers Association Limited, for the last 3 business days of the week and if you hold it until maturity there is no taxation on captial gains plus additional 2.5% interest every year.
IcIcgold has lower ER
Then why SGB trading less than current market price of the Gold
@@asiva33 why do you worry about the trading price ? U need to check the redemption price if you hold sgb for the long term until maturity.
Becoz no none want to sell sgb. Unfortunately if accurs any urgency situation they sell it at discount to bid buyer
@@asiva33lack of volume. People who tries to liquidate wants to sell it at discounted price to attract the buyer
Thank you for your valuable information.
I invested X grams of sgb in 2022 average price 4.8k, almost 25% profitable so far. I received the interest and bought additional y units this month. So gold does compound with sgb. Please don’t say it is premium you are comparing 22k with 24k. Earlier trading in secondary market had liquidity issues so people were selling at discount now it is not the case. I come from a jewelry based family background I hold gold in all the formats, out of which sgb is the best. You need to hold it for the end of the period to get the maximum benefits. Coming to expense physical has gst and making charges and taxed while selling, on top of holding cost. Goldbees has an expense ratio of .79%, and it is supposed to be .01 of a gram, but the price doesn’t look like that, currently at 53.17 so 1 gram would be 5317, while 24k is 6284 as per the latest price. And please try to take the gold coins with you in an international trip before making such statements. I don’t understand why you can’t understand the math behind this, so many people have commented.
Why not goldBees(ETF) ?
You can only trade goldBees within AMC and if no buyers are there you need to reduce the price nd sell and there is brokerage fees for each buys.
And price of SGB is not overpriced do check the data, dont spread false messages.
Thnx
The SGB price is based on 24K gold, which he missed in his price comparison. Therefore, it is not trading at a premium. In the end, as long as you hold it until maturity, it is a great return from the gold investment perspective and should not be compared with other asset classes.
SGBs are a great option for long-term investors who want to benefit from the appreciation of gold prices and earn a fixed interest income.
However, SGBs may not be suitable for investors who want to trade frequently or need liquidity. SGBs have low trading volumes and may not reflect the current market price of gold.
Please do not mislead the gullible and small investors that RBI sells SGB Bonds at 10 to 15 % premium to the market price. Pricing of SGBs is very transparent at simple average price of X number of days.
You told that GoldBees is cheaper than SGBs but have not explained how. Again this is misleading.
This channel as well may be the marketing agent for any of the GoldBees companies.
Please do editvthat portion of the video which is misleading. Else complaint may be made to SEBI. Thanks.
Only locking period for sgb is problem loan against sgb is calculated for 90% of bought price
Team, In case of SGB, you are comparing 22 carat price with 24 carat price SGB price. Please look into it
SGB has 2.5pc interest rate.. when you calculate total interest rate that will be useful.
SGB Return( including 2.5℅ interest accumulated for 8years) Vs GOLD ETF UTI in any rolling 8 years period is almost the same. Only marginal difference between SGB and GoldETF. SGB gets an edge over ETF as no tax applied on Long term capital gain interest on SGB returns. However 2.5℅ interest gained on SGB is taxable.
Doing our own research always helps. Anyway above topic is best chosen one to be learnt.
2.5% interest is not taxable if the bond is held till maturity.
Sgb is issued at 24karat gold rate. And it is 50 rs lesser per gm. why putting video with not researching properly 😢. In fact etf has higher expenses ratio.sgb issued actually lesser than 24 karat gold market rate because of discount.only disadvantage of sgb is lock in period of min 5 yrs. But think sgb like a tax saver FD or ELSS
SGB i bought once is as per market rate of 24carat gold. 10-12% will be between SGB price and 22 carat gold
Mr Albin, pls explain on what basis the difference is 12%. For which gold rate you are comparing with sgb rate.?
We can buy SGB in secondary market with some discount and make more profitable.
super albin and vinodh on buying gold in gold bees and commodity gold
SBG price is decided by last 3 days average price of India bullion and jewellers association ltd. Also after 8 years @ maturity also last 3 days average price of India bullion and jewellers association ltd. So its depends on this association price. You can also check the price in there website. I feel there is no loss or premium price. If any body dont need there money for 8 years also wish to invest on gold than SGB is best investment
Gold bees taxed at 20%LTCG & STCG 15%
Please tell us what ratios we need to verify before start to buy GOLD ETF or Gold bees?
Gold bees can be pledged. Check with leading banks and they can do it
Among Gold Bees/Etf which is best stock ?
Both are same thing
Wrong information, SGB better than goldbee. Goldbee have expense ratio upto 0.8 percent
When you sell bees arent the gains taxed as well based on your income slab? Would have been good if that was covered
Bank locker has its own risks. In case of theft or fire, bank will pay 100 times of annual locker rate. (As per latest RBI mandate).Assume if we pay 10k per year for locker than bank would pay 10lakhs incase of theft, fire or lost due to natural calamities. Thats equivalent to 170g gold current price. If we had kept 300grams of gold in locker, than calculate the loss. We don't consider this risk when talking about Physical gold.
Also, price of 1 gram of 24K physical gold from Jewellers comes around 6800 after making charges and GST... Based on current price.
Gold bees value is far less than 0.1 gm market price of 24k gold.
Consider SGB only when you could hold for 8yrs and doesn't depend on it for emergency fund...
Vinod sir come with anand sir to trivandrum meeting
I am from Kollam
Already booked 🎉 for meeting 🤝
Waiting to see both brothers
Santhana MARIAPPAN from KOLLAM
Hi Naanum Kollam thaan
Sir please explain how this compoud intrest works. now i am holding eg reliance and its profitable , now shall i hold it for some yrs or i need sell it few . i am not getting correct answer how to compund interest .please give good eg . and while your picking this topic mention the subject line as compund intrest so i can easily watch vidioe if am routine watcher.
Run away-- use the word carefully
You guys are Not Anand Srinivasan, I would recommend not to discuss the topics before understanding the topic very well. AS is very well experienced to give his thoughts / recommendations.
Last sgb issue price is Rs.6149 however market price is around rs.6400. Where is the premium ?
Poorly researched video
SGB is 24 ct sonit is premium
In this video your opinions are biased. Please speak proper facts and explain with a real time example. We respect you folks a lot. Thanks
For retail investors who wants to secure Gold for their KIDS SGB would be a better choice. I have been investing for last 3 years and as a long term plan I have been adding 2 grams in every series in this year and prior to that I had been buying 1 grams in every series. Target 8 grams per year for next 18 years , once post maturity I’ll either move them to bonds or FD depending on situation at that time.
Tip: Invest in SGB the amount which is not required even in your worst situation. That’s my approach 😀
This video on stb could have come 2 days before.
Thank you. As most of the married couples don't believe in saving in ETF and SGB as we south Indians like wearing them on different occasions, we can always prefer buying commodity gold in form of jewellery from the trusted gold shop such as Kalyan and GRT. They also offer 12 months card payment system were they "wave of making and wastage charges" . Don't forget to ask them for purity certificate. And most important keep the bills safe. And to be on safer side, keep the gold in the safe place like bank locker or any safe plave to avoid get stolen.
Incase worried about safety, the best option would be gold bees were u don't have to worry about getting stolen 😊😊✌️
You didn’t talk about gold bees tax
Crude eft - any etf is there in market?
Same video will make in money pechu channel sir ❤❤. kindly help for illiterate people 🥹🥹🔥
My recommendation physical gold is 50 gm per person per household.
As this is the limit for pledging coin / bar gold. Note: Coin / bar gold has the lowest making or minting charge. If you want gold ornaments, you can always melt and make it to ornaments by paying the additional making charge.
Albin is wrong on this.. please do prepare before you present..
How come they are talking about sgb without even small research. If you search SGB in google itself it will clearly state everything.
And not speaking about the expense ratio in Gold bees.
They are clearly biased against sgb in this video.. Kindly correct it.
Can you tell about gold leasing also , and also gullak gold app
Those are not regulated as per my knowledge. You can keep for short term. But company may disappear anytime..so beautiful careful
These guys should hv some hidden agenda or to increase views and comments for wrong info.
Edit your video or pin comments with proper info, or may be you will get notice soon
Either that or they have no idea between a 24k vs 22k, they keep saying this. I really want to meet a guy who is bringing 400 gms of gold on an international flight without.
Sir naa konja naalave moneypechu follow pannite varen
Naanum investment start pannanum nu interest ah iruku but endha app use pannum therla
Where should i buy stocks and gold
Zerodha is best option for all
I enquired SBI...they said that we cannot pledge against SGB🤔
Thats not true...you can pledge
@@karthicksundaravel6089 ohok.. thanks 😊
Yes even rbi says😊
I too think this is wrong info, i too will check the facts
Well explained 🙏🏾
Gold bees are pledgeble too
Where they will take it 😂
Wrong info. Correct your facts please