Harsh Goenka Dishes Out Quirky Tales to Shine a Light on Gold’s Glorious Allure
RPG Group Chairman Harsh Goenka has once again charmed his social media followers with a humorous yet insightful perspective on investing. In a recent post on X, he shared personal anecdotes that highlight the long-term value of gold compared to other purchases, like cars and vacations. His light-hearted comparisons have sparked a lively discussion online.
Gold vs. Cars: A Decade of Difference
In his post, Goenka reminisced about a purchase he made ten years ago. He bought a car for ₹8 lakh, while his wife opted for gold at the same price. Fast forward to today, and the car is worth only ₹1.5 lakh, while her gold has skyrocketed to ₹32 lakh. This amusing comparison sets the stage for his argument about the enduring value of gold.
The Vacation Debate
Goenka also recounted a conversation with his wife regarding a vacation. He suggested skipping gold to enjoy a short getaway, but she firmly disagreed. “Vacation lasts 5 days. Gold lasts 5 generations,” she replied, emphasizing the lasting value of their investment in gold over fleeting pleasures.
The Smartphone Story
Another example shared by Goenka involved a smartphone. He purchased one for ₹1 lakh, which is now valued at just ₹8,000. Meanwhile, his wife’s gold investment has appreciated to ₹2 lakh. This further illustrates his point about the depreciation of material goods compared to the appreciation of gold.
A Viral Sensation
Since sharing his post, Goenka’s insights have gone viral, amassing over 823,000 views and 15,000 likes. Many users chimed in with their thoughts, praising the wisdom of investing in gold and recognizing the financial savvy of Indian women. Comments ranged from acknowledging the smart investment decisions made by wives to highlighting the cultural significance of gold in Indian households.
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