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Home > Other Astrological Information > Events / Festivals > Akshaya Tritiya
Akshaya Tritiya is one of the sacred festivals of Indians. Akshaya Tritiya, the third day of the bright half of the Vaisakha month is considered to be the four most sacred days of the year. According to Puranas, this day marks the beginning of the Treta Yug. The birthday of Parasurama, the sixth incarnation of Vishnu falls on this day.
It is believed that by doing a good deed on this day one can earn Punya for life. This day is considered most auscipicious for purchases, starting of new ventures etc., the word Akshaya means that which ever diminishes - consequently beginnings made or valuables brought during this period are believed to most certainly shower people with good fortune and success. All over India, people celebrate weddings, plan new business ventures and other auscipicious functions. In India, Gold is regarded as the definitive symbol of wealth and prosperity.
Akshaya Tritiya is a favourable period to buy gold, silver and other fixed assets. Wearing new gold on this day one of the most promising days of the year is considered very auscipicious. Majority of the people believe that buying gold during this period will guarantee prosperity for life time. Majority of the people believe that wearing gold is considered to be inviting Goddess Lakshmi in to house.
Akshaya Tritiya falls on the following days in the respective years:
2008: Wednesday, May 8
2007: Friday, April 20
2005: Wednesday, May 11