Gold has rallied 50% in the last year and at a CAGR of 29% in the last 3 years.Many clients asked if it is still a good time to buy Gold. And my answer is a strong Yes.In my opinion, Gold is a mega investment theme for the next decade.Before I share my reasons for the same, I’d like to tell a little backstory.We started allocating to Gold funds in all our clients’ portfolios from…

One of my friends recently invested 100% in equity, targeting annualized returns of 18-20% over 10 years. Is it possible?I told him straightaway that the possibility of achieving these returns is extremely low when you are investing in an expensive market. Past data indicate that any investment made in expensive markets (PE > 22x) has generated low single-digit returns at best over the next 10 years. Even if you invest in small/mid-caps, the probability falls further…