Dhanteras or Dhantrayodashi marks the beginning of the 5 Day festival of Diwali Celebration in India. With the start of Dhanteras the environment become auspicious and filled with positive vibes.
Hence, there can’t be a best time to shop for yourself but if you are confused What to buy on Dhanteras then don’t worry because I heard you and prepared the extensive list of 10 things to buy on Dhanteras 2024.
So let’s get started!
Here is the list of all the items that you can buy on this Dhanteras 2024:-
Buying Gold and Silver is always belived to be auspicious as per Indian traditions and what can be more auspicious time then Dhanteras to buy some Gold Jewellery or Silver coins, utensils, etc. for you.
While on Dhanteras we worship the demigod Dhanvantri and Goddess Lakshmi to bring wealth, prosperity, and well being in our life and buying precious metals like Gold and Silver are symbol of auspiciousness.
While if you wanted to buy Gold or Silver for investment purpose then I will suggest you to purchase the Gold or Silver bricks or biscuits because that way you can save a lot in the making charges that you have to pay on jewellery.
Traditionally buying utensils especially steel or copper one’s are considered as a symbol of an auspicious beginning of five days Diwali Festivals.
People used to buy crockery and cookware made up of these precious metals for their home and traditionally people also used to collect such auspicious utensil so that they can gift them in future to their daughter during her marriage.
The best part about buying the steel or copper utensils is that these metals have their own value too in monetary terms, with that eating in copper and steel utensils have many health benefits too as per Ayurveda.
If you are thinking what you can buy on Dhanteras for your future or your family future then investing in equities or buying stocks in this time can be a best opportunity for you.
For doing equity investing you can take the benefit of Diwali Special Muhurat Trading too to invest in best large cap stocks as usually stock investing is done as per the market conditions.
But for the sake of auspiciousness you can invest some amount for buying good quality stocks on Dhanteras or Diwali with a long term investment horizon.
If stock picking and direct stock investing is difficult for you as it require expertise and time to analyse the businesses then going with mutual fund investment or starting a SIP on the auspicious occasion of Dhanteras can be the best financial decision for you.
Doing a SIP with a long term horizon of 10 years or more can help you create a wealth corpus for your retirement.
While so many thing you can buy on Dhanteras but no luxury item can give a comfort and relax that a SIP investment can give you.
If you have a huge cash lying in your home or bank account then property or real estate investing is always a preferred option traditionally.
Buying a new home or investing in real estate considered to be all auspicious especially on Dhanteras and it is believed that in long term such investments give’s a great return if you invest in property on such occasions.
With that you can even crack a great deal at such times, because everyone is in a good and positive mood and hence, cracking a great property deal becomes very easy.
Buying different on Dhanteras can be fascinating but securing your future first is most important hence, you should give priority to buying an insurance for you and your family on the occasion of Dhanteras.
It can be a medical insurance or term insurance both will help you to safeguard you and your family financial future in difficult situations and emergencies.
Nithin Kamath, co founder of Zerodha says that “Most Indians Are Just One Hospitalisation Away From Bankruptcy” hence, buying a good health insurance is a must in today’s scenario.
Retirement planning is very crucial and using the opportunity of the festive season you can start this planning from Dhanteras itself.
You can invest in Public Provident Fund (PPF), National Pension System (NPS), or if you have a daughter less then 10 years old then you can also start investing in Sukanya Samriddhi Yojana for her future.
Finally, here is the most exciting that you may be waiting for, that is electronic and Gadgets buying on Dhanteras.
With all the big ecommerce brands website including Amazon’s – The Great Indian Festival Sale and Flipkart’s – The Big Billion Days Sale, come up with their Diwali Special Sale.
Hence, whether you have to buy a laptop, mobile, Fridge, AC, Headphones, etc. all these things you can buy on great discount that you will never see other then the occasion of Diwali and Dhanteras.
Even the retailers or shopkeepers also run some special Diwali Scheme to offer best discounts to you on the purchase of electronic and gadgets.
In India there is a tradition that usually people start their Diwali shopping from Dhanteras itself.
Hence, what can be the better thing then designing your home and giving it a special Diwali and festive look.
For it, buying Home Decor items on Dhanteras makes sense.
You can consider buying some Showpiece, Arts, Lighting equipments and gadgets, Bedsheets, Curtains, etc. on this special occasion for your home.
The best part due to festive season you can get great discounts on buying all these items.
Finally, if you were planning to buy any vehicle for yourself or family then what can be the other best time then Dhanteras to buy it.
Well, not only because buying on Dhanteras is considered auspicious but also due to the huge discounts that automobile companies give you on buying the car, scooty, bike, etc. in this festive season.
Many companies give you huge discounts on their vehicles while some give free accessories that you otherwise may purchase with your vehicle.
Another reason for giving huge discounts on vehicles is that, the festive season comes in almost at the end of a year and many company and showroom owners plan to clear their inventory because with the new year the old models get outdated and hence, their price also get’s reduced.
Thus, these automobile showroom owners use the time of Diwali and Dhanteras to get their inventory cleared in advance.
Festive Season always make our surrounding’s auspicious and feel the people with positive vibes.
Hence, spending too much on festive season on waste items becomes common.
Thus, I will suggest you that this Dhanteras not only spend on things but also invest for yourself and your family so that you can give them a safe and bright future.
I hope you will find this list of 10 things to buy on dhanteras useful and will share it with everyone.
A Very Happy and Prosperous Dhanteras and Shubh Diwali💥😃
Disclaimer: The Honest American provides financial education, investing strategies, & stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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