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 Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings

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goldironman
post Sep 29 2011, 04:54 PM

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QUOTE(hongchai888 @ Sep 29 2011, 04:31 PM)
Anyone know the gold retail like Poh Kong etc, the price still remain 1 gm RM 200+ or already adjust?
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refer here http://www.fgjam.org.my/
goldironman
post Oct 4 2011, 02:46 PM

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QUOTE(neo_87 @ Oct 4 2011, 12:32 PM)
Hi all,

I need some suggestions from u guys here. I have about 4k in hand, and thinking to invest in gold. I've opened GIA with maybank previously and now thinking to topup but..after read about physical gold, quite interested.

1) Should i continue invest in paper or move to physical gold?
2) Should i dump all the money or invest bit by bit?
3) Which one is more worth & effective ?
4) How to make money from ar-rahnu bank rakyat? Buy physical gold n pawn there? and the money i borrow i topup another gold?

I'm very at new at this gold investment, i don't have any idea how to start.
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Hi neo_87,
4. Do NOT use this approach unless the money u borrow will work hard for u and generate enough profit at least to break even with the safekeeping fee.
Take note the safekeeping fee is quite high (~8% per year.) You may end up forcing yourself to sell your gold at a loss. I highly discourage particularly for a long term investment.

hth.
goldironman
post Oct 13 2011, 10:48 AM

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QUOTE(kakiayam @ Oct 13 2011, 10:21 AM)
just like the difference of LV gucci prada chanel and PAMP is the hermes
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well-said nod.gif

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