Gold SIP

Introduction

In today's ever-changing financial landscape, securing a stable financial future is more crucial than ever. The benefits of consistently setting aside income to build a reserve of capital are often much greater if savings are accumulated at earlier stages in life rather than later.

Whether the purpose is to build one’s wealth for retirement, to accumulate savings for child’s education, to save for an important life event, to repatriate funds back to one’s family, to save for a rainy day, to build a legacy asset for one’s spouse and/or next generations, or for any other goal that one may have, finding a reliable investment strategy becomes paramount.

Amidst market fluctuations and economic uncertainties, gold provides an interesting opportunity for mitigating specific risks generally inherent in one’s portfolio. This is where Systematic Investment Plans (SIPs) in Gold offer unique advantages.

What is a Gold SIP?

A systematic investment plan is a plan under which one invests, in equal payments and fixed intervals, into a specific asset for the purpose of benefiting from dollar cost averaging. Under a Gold SIP, an investor would be periodically investing in gold.

As the market value of gold fluctuates, investors would buy more units at a lower cost and less units at higher costs. With an average cost which relates to the performance of the asset over time, instead of one which relates to any one particular point in time, this technique allows the investor to decrease the impacts of market volatility and retain a lower average cost than the average cost of the metal.

Why implement a Gold SIP with us?

With a regular subscription to buy gold from My Gold Grams at fixed and regular intervals, My Gold Grams additionally offers unique promotions which allow our customers to benefit from purchasing gold over time and in incrementally greater volumes. For example, a Gold SIP customer that purchases one gram of gold each month, for 11 months, is offered an additional gram of gold for free. This gives the customer 12 grams of gold for the price of 11, while also allowing the customer to benefit from dollar cost averaging. Additional promotions may be applicable for increased periodic purchase quantities.

How to commence a Gold SIP or get additional information?

For additional details regarding available Gold SIPs and promotions, please proceed to contact our sales team by clicking the link below.