Gold Remains One of the Safest High Yield Investments – Mauritius Dodo Coins
23 Jul 2010 2 Comments
in Finance & Stocks, Lallmatie & Mauritius Tags: bank, bank of mauritius, bullion, coin, dodo, gold, high, invest, investment, low risk, mauritius, or, risk, stable
Mauritians have access to investing in gold since over 20 years with the introduction of The Dodo coin in Rs 100, Rs 250, Rs 500 and Rs 1000 face values. It must have been in 1990′s, while a kid reading MCB Rupys magazine that I came to learn about it. The Dodo coins were a symbol of patriotism. A few years later, their prices has grown from Rs 1000 to Rs 8000… It came to my mind that hmm, gold prices have increased… Little did I guess that they’d keep on increasing. The Dodo gold coin prices grew an amazing 25%+ per annum* compound over the last five years! Or 14.5% p.a. for the last 10 years. More
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