My mom has bought an ornament of 11.45gms for around 38k in 2018..
Now since the rates are around 75k-80k she randomly had a thought in mind that her moneys is doubled..
So she wants to sell and encash it..
After which she plans to create an FD of 50k and keep the rest 30k for my next Trimester college fees..
And then she plans to buy similar mangalsutra..
after some time when the rates go down..
Also she thinks a reason that during her marriage the mangalsutra was too heavy.. not suitable for daily wear..
So she bought one after exchanging some old jewelleries which could be easy to wear daily..
But she didn't use this one as well..
She fells unsafe and now thinks that in such way she will need less money for the new mangalsutra if the prices don't decrease..
What are the advices would you give?
Should she sell?
And also what are some calculation manipulation things that gold jewellers use?
And how should we counter it?
Now since the rates are around 75k-80k she randomly had a thought in mind that her moneys is doubled..
So she wants to sell and encash it..
After which she plans to create an FD of 50k and keep the rest 30k for my next Trimester college fees..
And then she plans to buy similar mangalsutra..
after some time when the rates go down..
Also she thinks a reason that during her marriage the mangalsutra was too heavy.. not suitable for daily wear..
So she bought one after exchanging some old jewelleries which could be easy to wear daily..
But she didn't use this one as well..
She fells unsafe and now thinks that in such way she will need less money for the new mangalsutra if the prices don't decrease..
What are the advices would you give?
Should she sell?
And also what are some calculation manipulation things that gold jewellers use?
And how should we counter it?
