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

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SUSsoundsyst64
post Aug 27 2011, 02:43 AM

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Gold already hit 1808 on 2.30am hmm.gif
SUSsoundsyst64
post Aug 27 2011, 04:09 AM

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hitting 1822. punah harapan nak tambah stok sad.gif
SUSsoundsyst64
post Aug 27 2011, 09:04 PM

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even though uob spread is lower, but the requirements to open the acct is quite high, which is not suitable for low budgeter.
SUSsoundsyst64
post Sep 8 2011, 05:19 AM

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QUOTE(Sh@rty 5 @ Sep 8 2011, 02:26 AM)
sigh so for small amount cant invest . i noe maybank min is  5g. but spread is reli high
*
actually, minimum gram to open and maintain the account is only 1 gram. You also can top up minimum 1 gram.

I have one account with maybank and i don't mind about the spread since I'm doing this for long term investment.
SUSsoundsyst64
post Sep 12 2011, 10:33 AM

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Just done top up another 2gm at maybank, RM 183.74/g

This post has been edited by soundsyst64: Sep 12 2011, 10:33 AM
SUSsoundsyst64
post Sep 12 2011, 11:05 AM

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QUOTE(mingophoria @ Sep 12 2011, 10:51 AM)
u think now is a time to go in???
*
This is based on your decision. The more you wait, there's a chance that there's no price drop in the future.

I just top-up whenever I have leftover unused fund in my savings tongue.gif
SUSsoundsyst64
post Sep 12 2011, 02:16 PM

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QUOTE(hongchai888 @ Sep 12 2011, 02:11 PM)
So cheap? Which bank you bought with? I check with UOB this morning = 181.40
*
Maybe he bought at the exact time as the gold price is dropping


QUOTE(giggs_509 @ Sep 12 2011, 02:12 PM)
Is it true maybank cannot do gold withdrawal?
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physical gold - no

only withdraw and convert to cash

This post has been edited by soundsyst64: Sep 12 2011, 02:22 PM
SUSsoundsyst64
post Sep 12 2011, 02:58 PM

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the lowest is 1826 @2:49
SUSsoundsyst64
post Sep 26 2011, 09:17 AM

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QUOTE(mcdkfc @ Sep 26 2011, 08:59 AM)
Today price MBB - 173.41/g. Good to buy?
*
RM 10 /g loss since my last purchase early this month. tongue.gif

I keep on waiting for more drops.
SUSsoundsyst64
post Sep 26 2011, 12:22 PM

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possible to pass 158x today
SUSsoundsyst64
post Sep 26 2011, 01:58 PM

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I might buying 1 or 2 grams before maybank closed today biggrin.gif

This post has been edited by soundsyst64: Sep 26 2011, 01:59 PM
SUSsoundsyst64
post Sep 26 2011, 02:18 PM

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i will monitor for US market tonight
SUSsoundsyst64
post Sep 26 2011, 03:35 PM

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Oh, sudah naik balik biggrin.gif
SUSsoundsyst64
post Sep 26 2011, 05:57 PM

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QUOTE(conquering2011 @ Sep 26 2011, 05:57 PM)
I bought 155g at UOB @ Rm178.6/g

today i sell it at RM168.90 - I rugi around RM 1,503.50

But i bought again 125g @ RM167 just now.

Profit or Loss?
*
loss - short term
profit - long term
SUSsoundsyst64
post Sep 28 2011, 11:32 AM

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QUOTE(buysell @ Sep 28 2011, 10:58 AM)
Anyone of you who scare to lose money, sell off your gold now! sweat.gif
*
I don't care much of losing money though since I focus this in long term. Everything we invest have a risk. biggrin.gif

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