You will find some eternal bulls on the one side of the spectrum who keep reiterating the good things about the stock markets, almost always. And there will be the perennial bears on the other hand who will be consistently engaged in fault-finding and painting a gloomy picture.
There is nothing wrong with buying gold on Akshaya Tritiya. However, that’s to be symbolic in nature.
Indians have a flair to invest a large portion of their portfolio in Gold. PersonalFN discusses the role of asset allocation in meeting financial goals
As Indians, many of you will agree, that most of us have an insatiable appetite and flair to own the precious yellow metal (which makes India the largest consumer of gold).
We often create stories to make sense of what is going on around us and look at history to find reasoning that provides the substance to base our thesis on. In doing so,we often find historical events, which seem close proximations and follow them as a guide, unless proved wrong by the recent unfolding .And in financial markets ,the process could be really painful.