gold buying suggestion

[KiKiKi]

physical gold.. not much just 5-10gms one in a while.. suggestable ? (price point gurinchi kadu) 

in terms of long run significance and ease of exchange(mostly in local desi shops) .. any thoughts?

[CanadianMalodu]

36 minutes ago, KiKiKi said:

physical gold.. not much just 5-10gms one in a while.. suggestable ? (price point gurinchi kadu) 

in terms of long run significance and ease of exchange(mostly in local desi shops) .. any thoughts?

Buy. Central Banks are buying gold. Why would you not like to buy it? Gold is a hedge against inflation. 

Historically, gold always peaked in the times of recession. 

[yemdoing]

1 hour ago, KiKiKi said:

physical gold.. not much just 5-10gms one in a while.. suggestable ? (price point gurinchi kadu) 

in terms of long run significance and ease of exchange(mostly in local desi shops) .. any thoughts?

there is always a premium to pay for buying and selling. Think about that also.

buying appudu you will pay 3 to 5% more than market price. Selling appudu 5% less than market price. Not accurate about % but not lower than 5%.

so $100 worth gold konte you will pay $105. And if you want to sell for the same price then you will get not moe than $95. so $10 bokka. Assuming gold grows more than 10% when you sell then there is profit.

[chingchang]

24 minutes ago, KiKiKi said:

physical gold.. not much just 5-10gms one in a while.. suggestable ? (price point gurinchi kadu) 

in terms of long run significance and ease of exchange(mostly in local desi shops) .. any thoughts?

go with costco gold bars.. they sell by 1 oz and comes in packed. You can sell at any local gold shops for that days price whenever you want 

[KiKiKi]

21 minutes ago, yemdoing said:

there is always a premium to pay for buying and selling. Think about that also.

buying appudu you will pay 3 to 5% more than market price. Selling appudu 5% less than market price. Not accurate about % but not lower than 5%.

so $100 worth gold konte you will pay $105. And if you want to sell for the same price then you will get not moe than $95. so $10 bokka. Assuming gold grows more than 10% when you sell then there is profit.

capital gains tax kuda untundemo kada when you sell.. however gold prices increase or decrease ani kakunda .. long term stay in US ankunapudu how feasible is it anedi chustunna. 

[yemdoing]

1 hour ago, KiKiKi said:

capital gains tax kuda untundemo kada when you sell.. however gold prices increase or decrease ani kakunda .. long term stay in US ankunapudu how feasible is it anedi chustunna. 

for sure uncle sam will find and get you , that is why ID card verification is needed when you buy or sell.

[yemdoing]

1 hour ago, chingchang said:

go with costco gold bars.. they sell by 1 oz and comes in packed. You can sell at any local gold shops for that days price whenever you want 

for that days price minus the premium/margin. lets say market rate is $3200 , you will get around $3100