Portfolio Stabiliser

Ninad RamdasiCategories: DSIJ_Magazine_Web, DSIJMagazine_App, Letters to Editor, MF - Letter to Editor, Mutual Fundjoin us on whatsappfollow us on googleprefered on google

Portfolio Stabiliser

After going through your cover story on gold I realised it would be better to have some exposure to gold in my portfolio in order to maintain stability.

After going through your cover story on gold I realised it would be better to have some exposure to gold in my portfolio in order to maintain stability. Do you recommend whether I should invest in gold right now or should I wait till the price falls?

- Vishal Rathod

Editor Responds
No one can predict the short-term movement of assets and hence the best way to buy for long-term is to do so in a staggered manner. Therefore, my suggestion would be buy gold in tranches instead of one go.