investing in Gold is a good idea however buying such a small amount is just like throwing throwing your money in the trash .

your credit now is - , because you technically bought Gold at a certain price from may bank ,now if you want to withdrawal your money it will be much less than what you invested because of the SPREAD , spread is a difference between buying and selling Gold against USD ,

also you bought at the wrong time because now GOLD is at his highest point <Over Bought > as we call it in the market . it might drop down a big time as .


bottom line , if you want to invest in Gold make sure you have a HUGE amount of money because with your 500MYR , you won't make even 40MYR a year.

if i was you i would've make some business , sell make up , sell food or even sell bra . make some good capital first and then you can invest.


Good luck

trying maaa trying what ? how can you put your hard earned money into something you don't know ? dato's daughter tak ? signal ?

well in the best best best cases you will get around 30 % profit per year just like last year , Gold price closed at 882 and close 1083 and thats 22.7% ,

so assuming you are veeryyy lucky and you are investing only 1000 , you will make 227 RM mines the sell/bye spread <because your bank sells higher than it buys> you will make around 188 MYR , Happy ? , so with 10,000 you can make 1,880 < no bank can give you this only bank of Gold >lol


now that was good news , but the bad news are , in one year time your 1.88 MYR profit will be like 88 MYR of today lol , think of Nasi lemak and Ladydutch Milk 2 years ago .

another bad news are , Gold price might go down < not really possible > because gold is against USD and USD is being printed everyday but gold is never printed

So with small amount of money you better trade Gold during the year , don't just buy and keep it . follow the news and learn about Forex , sell your Gold when its at good price , it falls , buy it again and so on in this case you can make some good money but its a bit risky .

Buying Silver is a better idea for now