Why young professionals should start investing in digital gold, one gram at a time!
While purchasing gold, whether as gold coins or jewellery, you need a minimum value of investment to be kept aside, and after buying, you have to ensure that it is kept securely in your household or bank locker.
While purchasing gold, whether as gold coins or jewellery, you need a minimum value of investment to be kept aside, and after buying, you have to ensure that it is kept securely in your household or bank locker. For young professionals, living alone, away from home, this may not be an ideal scenario which stops them from investing in safe financial instruments like gold.
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But investing in a new age financial instrument like digital gold is safe and hassle-free for everyone and the end result is ownership of 999.9 purity 24Karat purest gold, one gram at a time.
Digital gold is a financially savvy method of investing in gold online in a flexible manner, and you can start as low as Rs 1, but experts advise you to invest at least 2% of your monthly income every fortnight over a period of time to ensure you build a strong digital gold portfolio. This amount is something which most young professionals would spend for a night out, or for a visit to movie theatre in pre-Covid times. But with the changing economic landscape and fast evolving job market, it is important for the youth to build a corpus which grows steadily, and remains accessible to them at all times.
One can purchase, sell or redeem their digital gold holding any time at the current market prices, unlike investments like ULIPS, or Fixed Deposits which ties up your investment for a defined period.
Investing in digital gold provides favourable returns over a period of time, liquidity of funds as well as ability to convert to physical gold at any time. As an LBMA-accredited gold and silver refinery, MMTC PAMP gold prices are linked to international market rates ensuring that local factors don’t impact the value of your investment.
One can refer to any of MMTC PAMP digital gold partners to starting investing. The partners include, PayTM, PhonePe, Google Pay, Fisdom, Motilal Oswal Securities, Aditya Birla Capital, and HDFC Securities Ltd. Start building your investment portfolio today with digital gold
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