Why Gold will always protect you

Today’s Daily Byte

What a day it has been. Nifty almost kissed 25,000 but not quite yet; it didn't cross it, came back down, and ended completely flat. However, there was a lot of movement in the market today. Several sectors, particularly public sector banks and public sector enterprise stocks, showed remarkable buoyancy. Stocks like Mazagon Dock Shipbuilders (Mazdoc), Rail Vikas Nigam Limited (RVNL), and Bharat Electronics Limited (BEL) performed exceptionally well.

In today's discussion, we'll explore how we can try to beat Warren Buffett's achievements. Yes, you can do that. I will show you the magic and strategies to come close to his success, along with some lessons we can learn from him.

Reading Time : 4 Minutes

Why Gold will always protect you

Data from Zephyr of Invasys Capital shows how gold has performed against the Sensex during various market cycles. Gold often acts as a hedge when equity markets fall, providing stability to an investment portfolio. For example, from February 2006 to March 2008, when the Sensex dropped by 39%, gold rose by 41%, proving to be an excellent hedge.

Looking at specific periods, we see that from April 1992 to July 1993, the Sensex fell by 40% while gold increased by 34.8%.. . . . .

Reading Time : 3 Minutes

Is Nvidia the new Cisco

Nvidia’s stock has been on an incredible run, skyrocketing by 3400% in the last four to five years. This meteoric rise is drawing comparisons to Cisco Systems during the dot-com boom from 1996 to 2000. Cisco experienced a similar surge, climbing approximately 3500% in a comparable timeframe.

From a modest beginning, Cisco’s stock soared to impressive heights, only to give back most of its gains, taking two decades to return to its peak price. This pattern is a common scenario where bubble-like formations happen in the market.. . . . .

Reading Time : 3 Minutes