May I know what is spread means? TQ.
Buying Gold As Investment V3 - $1950?, Gold rush brings windfalls and warnings
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 Sep 6 2011, 01:59 PM
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42 posts Joined: Dec 2008 
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Sep 6 2011, 02:12 PM
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#2
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I'm new to invest in gold. I would like to know which banks are the best choice for low income people to start invest gold? TQ
This post has been edited by jerryloon: Sep 6 2011, 02:12 PM |
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Sep 6 2011, 02:27 PM
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#3
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TQ to joey85.
However both banks has a minimum request to open an account. It there any bank can invest much low request. This post has been edited by jerryloon: Sep 6 2011, 02:28 PM |
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Sep 6 2011, 02:37 PM
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#4
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QUOTE(kuhfayLover @ Sep 6 2011, 02:23 PM) a very informative one. TQ. a very good infor. let said I buy/sell 1g gold. Does it include the spread price of gold? UOB has a low spread but I need alot of $$ to open the account. A minimum require 20g. Is there any bank offer low minimum require? |
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Sep 6 2011, 05:18 PM
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#5
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QUOTE(joey85 @ Sep 6 2011, 03:32 PM) u can buy 1g to open an gold investment account at Maybank.. but spread price higher than UOB Thank again. hmmm.. u need to see few things 1st: 1) how much cash u have for this gold investment? if u have RM3706 go UOB as has lowest spread price (UOB current selling price RM185.30, min investment 20g = RM3706), if u have RM1888.40 (Public Bank current selling price RM188.40) then u can go Public Bank, if u have only few hundreds then go Maybank ^^ 2) u wan fast in fast out (short term investment)? (but honestly gold is a long term investment, once u invest better let it grow)? if for longer investment better go UOB due to its spread price 3) convenient = Public Bank can trade online anywhere during bank operation hours as long as u have public bank online banking (and public bank offer special price ie lower selling price if u trade / buy online), UOB & Maybank u need to go their branch to buy and sell 4) trustworthy of the trader = better go bank to invest gold as more trustworthy or to those well established one above just my 0.02 cents  im not that pro in gold investment too just learning from the pro here   |
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Sep 8 2011, 01:53 PM
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#6
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wah... price drop...
 last 3 days 185 now 179...This post has been edited by jerryloon: Sep 8 2011, 01:54 PM |
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Sep 13 2011, 09:34 PM
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#7
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QUOTE(o0o0 @ Sep 13 2011, 04:39 PM) ya.. approaching 17xx. So, it mean the bank no allow us to buy?same situation with yesterday... i want to buy in at this price point also no chance already... because Msia market close at 4.45pm.. sigh.. |
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