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Silver Investment Options |
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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Post: #16  Posted: Tue Dec 09, 2014 4:11 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | | I bought raw silver bars weighing 850 gms as per today's rate. |
where will you put them?  |
locker sir
when i will resell there will be deduction of 500-1000 only. so it seemed like a better deal.
someone also suggested to me that they have kept gold bars with the same shopkeer on monthly interest basis. (instead of cash given its gold).. and later when he wants it back or wants to resell it to the same shopkeer, he can. i haven't explored or asked around for this option yet. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #17 Posted: Tue Dec 09, 2014 4:20 pm Post subject: |
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| apka wrote: |
when i will resell there will be deduction of 500-1000 only. so it seemed like a better deal.
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do you know that no tax LT gain period for this is 3 years? |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #18 Posted: Tue Dec 09, 2014 4:40 pm Post subject: |
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| vinay28 wrote: | | apka wrote: |
when i will resell there will be deduction of 500-1000 only. so it seemed like a better deal.
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do you know that no tax LT gain period for this is 3 years? |
hmm, i didnt know... i wonder how many people actually declare. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #19 Posted: Wed Jul 06, 2016 12:18 am Post subject: |
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| apka wrote: | | I bought raw silver bars weighing 850 gms as per today's rate. |
That was 9th dec 2014 and Silver was around 38000 then. Also bought it again when it fell.
It's above 48000 now, 25% up in about 1.5 years. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #20 Posted: Wed Jul 06, 2016 12:38 pm Post subject: |
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| apka wrote: | | apka wrote: | | I bought raw silver bars weighing 850 gms as per today's rate. |
That was 9th dec 2014 and Silver was around 38000 then. Also bought it again when it fell.
It's above 48000 now, 25% up in about 1.5 years. |
silver is around 40$ and gold 1300$, last I checked. My targets are 2000/1000, yes 2K for silver. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #21 Posted: Wed Jul 06, 2016 12:39 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | | apka wrote: | | I bought raw silver bars weighing 850 gms as per today's rate. |
That was 9th dec 2014 and Silver was around 38000 then. Also bought it again when it fell.
It's above 48000 now, 25% up in about 1.5 years. |
silver is around 40$ and gold 1300$, last I checked. My targets are 2000/1000, yes 2K for silver. |
High five... I have big targets too  |
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roshthakur
White Belt
Joined: 19 Jun 2018
Posts: 2
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| Post: #22 Posted: Wed Jul 04, 2018 4:00 pm Post subject: Silver investment tips |
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| One of the smart silver tips for investors is to involve in safe and inexpensive investments. Another good tactic is to get great financial returns is unalterably sticking to one's investment plans, as impetuous decisions generally deteriorate prospective benefits of good investment plans. |
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