Anyone interested in Gold investment? Investing gold is another option where you want to diversify your investment portfolio, beside property investment.
As we know, gold is a very precious metal and the price of gold is increasing now and is very stable investment compare to other stock, warrants investment, I can say it is a moderate risk kind of investment. Some people commented the price of gold can drop also, YES. But average price is rising, never dropped. Investment Analyst shared that the gold price increases in an average of 17.8% last year. Gold price increase in 2 situations: Inflation and Political issue (war).
I am sure lot people know about gold investment, but the concern is how we are going to buy for investment? Should I invest in passbook or purchase a physical gold (Kijang emas Gold Billion Coins – MBB).
Currently in Malaysia, Maybank (GSPA) and Public Bank (GIA) offers gold investment in passbook and can withdraw the gold in $ form or convert to physical gold.
I would say it’s a good investment that you can start with the very little amount.
http://www.goldprice.org/
http://www.maybank2u.com.my/
http://www.pbebank.com/en/en_content/personal/investments/gold.html
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I study this too b4 but I found out the buy and sell rate margin is too high.
One ‘oz’ current rate they sell is RM 4013 but they buy only with RM 3855 which is roughly around 4%. Which I think better go for fixed deposit which you can get 3.xx% or stock trading where you can go for bluechip stock such as MBB, DIGI .. which give high interest and also the commission only 0.45%
But me feel disappointed to stock trading jor……
Stock trading concept : Buy and keep. Do not do daily trade. Potential to keep it up to 1 years. Buy after Raya and sold it off one year before Raya when it is at the peak.
yes.. agree ! for stock, no daily trade. So far for benny,, he keeps for more than a year and sell,, also earn not much,., tht’s why he disappointed jor