Rule#1 Use Banks for financial transactions, short term cash management and credit management.
Rule #2 Use Insurance to cover the risks.
Rule #3 Use Gold to hedge your currency (i.e. Rupee).
Rule#4 Use Real Estate for consumption (Residence) or regular income (rent).
Rule#5 Use Capital market to create long term wealth.
Unfortunately, it happens otherwise.
People tend to use Banks and Insurances for investments,
Gold for consumption (Jewelleries ),
Real Estate for long term wealth creation and
Capital Markets for speculation and short term gain.
Needless to say, why they fail to create wealth.