I recently heard few comments from some of successful investors that having gold does not really help in hedging portfolio. While expert stock pickers may be right that their portfolio does well in any weather. For small investor it is not easy. I have plotted gold vs niftyjr as my choice is to invest in niftyjr.
Since I have been using gold as one form of cash component ie when not invested in equity I park partially in goldbess and debt funds, Also got reasonable returns in gold while equities were in correction phase. One such phase is currently going on.
So thought of checking out on historical chart.
To appreciate you need to zoom so that blue or red area fills your screen.
gold bees that I bought in july/aug 21 is available for adding niftyjr in this fall.
Since I have been using gold as one form of cash component ie when not invested in equity I park partially in goldbess and debt funds, Also got reasonable returns in gold while equities were in correction phase. One such phase is currently going on.
So thought of checking out on historical chart.
To appreciate you need to zoom so that blue or red area fills your screen.
gold bees that I bought in july/aug 21 is available for adding niftyjr in this fall.
Comment:
good stage of gold out-performance where equity and gold are diverging by +25%
