Satish Blog

Today I read about SGB which is a vry good initiative taken by Indian Govt. Lets have a look over it..and if its sounds good to you..enroll to it. Here are some questionnaires which will help you to understand the scheme. Sovereign Gold Bond Scheme 2015 (Updated as on January 20, 2016) 1. What is Sovereign Gold Bond (SGB)? Who is the issuer? SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India. 2. Why should I buy SGB rather than physical gold? What are the benefits? The quantity of gold for which the investor pays is protected, since he receives the ongoing market price at the time of redemption/ premature redemption. The SGB offers a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated. Investors are assured of

Hi all...This is Satish meeting you after a long vacation. I had been to kerala with my  better half and each one who is reading this blog must visit it.....Munnar & Thekaddy are around 3000 ft above sea level....very very Thanda Thanda Cool Cool, and the Alleppy the biggest lake from kerala, everywhere water, coconut trees, and aound 1000 Housebaots...MAST EKDAM...what an amazing experience...and ultimaely fried Pomphret...very very tasty..Woooowwww....Yummyyy... :) :)