What to Buy on Akshaya Tritiya

Akshaya tritiya is the third day in the month of Vaishakh in the waxing moon phase. It is strongly believed that anything begun on this day reaps the returns a 1000 times the investment. Though there are not one but more ways of involving oneself on this day, like doing a yagna or homa, charity or donation, accumulation of wealth.

Modern man is more of a self-centered type. And he believes that he can be wealthier if he accumulates wealth on this day. He wants himself to be prosperous in any task he undertakes. In the wake of this, there is a mad rush at the gold and silver shops. Jewelers lure the customers by introducing various schemes and offers. But in reality what can or should one buy is the question to be thought of.

In the changing financial scenario at least in India, it is wise to invest in gold savings fund rather than gold in jewelry form. As financial experts foresee a further decline in the prices of gold in coming days, it is not advisable to invest a large amount on the yellow metal directly. Instead one or two gold coins and Gold Jewellery can be bought, keeping the faith alive.

As we are unaware of the prospects of gold in future, it is more advisable to invest in some savings. Compare the interest rates on the deposits both fixed and recurring from various nationalized and private banks. Then invest the amount you wish to buy anything else into this savings. This truly will be akshaya tritiya investment as this will surely give you more than what you invest.

Post office also has various schemes for investment. NSCs, the national saving certificates will give you good dividends when the certificate matures.

Alternatively, if you wish to see the progress of your investment, buy a car. This will take you and your family into many a destination which will multiply your happiness. Increase in one’s happiness also is the same as wealth. Being happy with the family is the greatest of the wealth one can dream of.

Buying a home or a plot can be excellent. This not only fulfills the need of a permanent shelter but also can be the best way to put your hard earned money into. In the future this may give you back the invested money or even more when you plan to dispose off.

If one not only thinks and dreams of him but even of others, they can start off a business. It is believed that any new task started on this day will surely succeed and give great financial returns. So if you start a business on this day, you may even provide opportunities to many unemployed.

But if you still fancy on buying gold, go on but wisely!