if i buy tomorrow, would it be too late?
Buying Gold As Investment V2, 2011 Gold Rush From Oil Hype
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 Aug 18 2011, 11:35 PM
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#1
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699 posts Joined: Oct 2009 From: Oblivion  
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Aug 18 2011, 11:54 PM
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#2
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(cybermaster98 @ Aug 18 2011, 11:50 PM) Yes i have about 400g in Maybank since May 2010. But Maybank spread is too high so i dont wanna invest there anymore. I think with the current rise in prices, the spread is now more than RM8 per gram which is CRAZY! 400g? wahh im jelly! super richfag    Added on August 18, 2011, 11:59 pmsince maybank's spread is very high, is it better to go public gold or uob? sorry for the noob question  This post has been edited by SilentSerpent: Aug 18 2011, 11:59 PM |
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Aug 19 2011, 12:22 AM
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#3
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(monsta2011 @ Aug 19 2011, 12:09 AM) UOB, Sir thanks. maybank's spread is ridiculous huh? .might buy some tomorrow,depending on the price |
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Aug 19 2011, 10:01 AM
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#4
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699 posts Joined: Oct 2009 From: Oblivion
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once the gold account is opened at the bank, say uob, is it possible to manage it through online?
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Aug 19 2011, 10:12 AM
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#5
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(nick.woocs @ Aug 19 2011, 10:02 AM) my 1st investment is with maybank..but after that i bought with uob and will topup again on coming monday.. not too sure bout other banks but with uob, within 1 week i already gaining profit for the gold investment account only pb? so uob and maybank dont have online for this?  Added on August 19, 2011, 10:02 am no. only public bank provides that Added on August 19, 2011, 10:04 am burst or not doesnt matter if u didnt put all ur eggs into 1 basket. long run gold is always treading upwards. nobody knows when it will burst. u wan safer way, buy the physical gold.  QUOTE(kuhfayLover @ Aug 19 2011, 10:09 AM) no doubt maybank's spread is too high but uob has limited branches around, leceh whenever want to go top up. yeah, have to take this into consideration as well. i can easily run to a maybank anytime. just beside my office. if uob, need to look for it pulak  |
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Aug 19 2011, 10:34 AM
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#6
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699 posts Joined: Oct 2009 From: Oblivion
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just wondering, how much have you guys invested in gold? how many grams?
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Aug 19 2011, 10:41 AM
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#7
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(nick.woocs @ Aug 19 2011, 10:35 AM) how much u invested? still havent started yet  still mulling over whether to go for maybank or uob. maybank for the convenience factor, and uob for the low spread factor. while in the meantime, the price keeps increasing. |
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Aug 19 2011, 11:01 AM
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#8
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(joey85 @ Aug 19 2011, 10:52 AM) gold investment is kinda long investment (to me) so maybe u can opt for UOB since selling price is cheapest among other + spread price lowest as well.. (for me) i dont mind to go UOB branch (even it is less branches around) the 1st time or invest in one go... ah.. thanks a lot for the suggestion. yeah, i think it could be a medium-term investment as well. while its cheap now, just go open one now, and let it grow for a year or two  not really that mega sales compare to last few weeks when US announce debt crisis |
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Aug 19 2011, 11:10 AM
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#9
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(joey85 @ Aug 19 2011, 11:05 AM) welcome .. im not too sure it is cheap or not now.. heard that it might drop bit and up slowly.. also heard that it might up to USD1900 (now USD1831.8 per oz)... yeah, i think so too. i have a feeling it will go down a bit before it picks back up again. just waiting for the right time to pounce now. |
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Aug 19 2011, 11:26 AM
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#10
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(jphlau @ Aug 19 2011, 11:16 AM) it was 1730++ a few days ago... now 100++ up in less than 7 days.. You have miss the ride... yeah, i know i just started to get interested in this a few weeks ago, but really2 intent on buying a few days ago. how i wish i had known earlier. im still new to this, so what are the chances of it going down to that levels again? |
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Aug 19 2011, 12:38 PM
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#11
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699 posts Joined: Oct 2009 From: Oblivion
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QUOTE(spikyz @ Aug 19 2011, 11:34 AM) hahaha abang ular, pekara lama jangan di kenang. yeah, i think better buy now, waiting kills mang..btw there are 2 stratergy liao. 1. buy now, and dont care much about abit of dip or correction later, just hold to your gold and im pretty sure it will rise forward nevertheless. 2. wait for correction, buy during that time and hold. usually for no.2, it wont happen very often..and usually..when u wait wait wait for corection, that time already 2000/oz (compared to 1800 now) and then got correction, which slight dip to 1950oz..u still rugi ma.. haha depends on preference la abang ular, most importantly, depends on ur pocket =D and yes, ada wang, ada gold! |
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Aug 19 2011, 04:59 PM
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#12
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699 posts Joined: Oct 2009 From: Oblivion
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i was thinking of buying next week. or should i wait for correction?
aaaaaa |
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