solent_mark
New member
@jcc19240 A really good comparison and I appreciate the efforts you put.
Even my father invested in these LICs and when I see the returns I feel really sorry but this is Information Era and we should ideally learn to invest properly rather than think of what happened 20 years ago.
From what I've learnt, people considered NIFTY risky in good old days. I guess Gold was a better option but I'm not sure if investing in gold bonds was a thing then. They would buy ornamental gold and sometimes use it up for short term purpose like wedding or program at house.
Even my father invested in these LICs and when I see the returns I feel really sorry but this is Information Era and we should ideally learn to invest properly rather than think of what happened 20 years ago.
From what I've learnt, people considered NIFTY risky in good old days. I guess Gold was a better option but I'm not sure if investing in gold bonds was a thing then. They would buy ornamental gold and sometimes use it up for short term purpose like wedding or program at house.