A Study on Investment Behavior of  Professors Towards Gold with Special  Reference to Tamilnadu State

P. Arulmurugan; Dr. K. Balanagaguruthan; Mirudhubashini

Volume : II, Issue : II, February - 2013

A Study on Investment Behavior of Professors Towards Gold with Special Reference to Tamilnadu State

P. Arulmurugan, Dr. K. Balanagaguruthan, Mirudhubashini

Abstract :

The competency of professors is a major determinant of the quality of the education. The quality of one\'s life is closely related to the level consumption, savings and investment. The attitude of professors towards consumption, saving and investment would reflect their economic behavior, which would influence quality of life and in turn influence their profession and the education system. This main objective of the study examines the investment behavior of professors towards gold investment with special references to Tamil Nadu State. For gathering data, questionnaires were used and data were collected from 101 professors in various Arts and Engineering colleges and B-schools in TamilNadu state and type of sampling used is convenient sampling. Some of the major findings derived from this study are Professors in TamilNadu are more inclined towards future prospect like safety, high returns, liquidity, assured returns and comparatively less preference towards status, risk management, ideal time for investment and as a investment tool in a precedence order. This study also analyzes the preference towards various forms of gold investment and discloses that professors\' first choice goes for Ornaments, Gold Coins, bars and last priority to ETF (Exchange Traded Funds).