I believed prophetjul has a personal experience here in his successful gold investment,... I suspect he DID make this CAGR,... let him provide his points,...

I don't invest in gold as I do not believe it is really a good investment commodity. Bet there will be many coming back to me saying otherwise. Ha.

Below is the gold price graph. Yes, if invested in gold in 2001 till 2012, one would have made a very high return!




This post has been edited by plumberly: Jan 26 2018, 02:39 PM

That's what I suspected,...I think bro prophet entered in 2000,...

ahh thanks for the graph..

then.. I guess He should have enter way earlier.. No wonder can make very good return..
but seriously, Not everyone is lucky to enter that low..

Are you a Yank?

Why use Usd?
2007 Rm2300

2017 Rm5318

That's 9% CAGR.

2002 RM 1100

2017 RM 5318

11% CAGR

This post has been edited by prophetjul: Jan 26 2018, 11:24 PM

You shoul do some calculations

here

http://www.bnm.gov.my/index.php?csrf=5886e...h=12&EndYr=2017


Don't simply pluck a random number.

This post has been edited by prophetjul: Jan 26 2018, 11:24 PM

i entered around 2001 to 2002 when gold was trading around Rm1100.

you are right.

Not everyone was lucky to be attracted to gold then. It was a very dead asset.
i was studying it since 1999 before i took a big plunge in 2001.
My bet was just to beat FD rates.

Those days one could only buy gold bullions, no gold accounts or ETFs.

This post has been edited by prophetjul: Jan 26 2018, 11:30 PM

Gold is traded in USD. It should be use as reference to calculate the compound gain from gold investment over time. You should not confuse forex gain as part of the gain in the gold value when traded in local currency (other than USD).

This post has been edited by Singh_Kalan: Jan 27 2018, 12:31 AM

So, don’t complain about imported food price since they are quoted in forex ?

Your logic is very laughable

We are trading in MYR. Do you earn in USD? If Yes, then you could use USD.
i don not earn in MYR.

Gold is trades inverse to USD. Definitely when USD is strong, gold is weak. Gold is then percieved as a currency. Therefore trading in gold IS investing ,by poroxy, in Forex.

Veering off topic now.

If gold performance is based on local currency and forex gain/loss is consider as part of the gold value, different countries will have different CAGR figure which can varies widely depending on the local currency performance againts USD. Zimbabwe may hv CAGR +100%, while Japan may be -3% (just example). Which sound even not logic considering that its a same item.

This post has been edited by Singh_Kalan: Jan 27 2018, 09:22 AM

Forex is part of gold investment as gold is valued in USD, not MYR. You cannot change that. Unless your earnings is in USD, your rate of retrun on investment is in your natural currency. THAT, i think is logical.

No doubt you can't separate the forex part from GOLD when investing in local currency. But when comparing performance of GOLD over years against other investment, Gold quoted in USD should only be used. This is not to confuse people with the part from forex gain/loss.

Again. Do you earn in USD?
Would a Malaysian fund manager report in USD to his Malaysian investors?

Yes, different country will have different CAGR, based on the home currency. Why must it be all quoted in USD ?

All companies take into account of forex gain/loss in accordance to accounting standard. That's why those companies earn in forex their share price shoot up like mad during RM depreciation. Do you deduct the share price because of currency gain ?

EPF takes into account the forex gain/loss for their overseas investment

Funds sold in RM take into account of forex gain/loss when they report their CAGR

Our imported food experience inflation because we buy in RM

Those Zimbabwe people if they have foresight, they would have gain in forex because they can convert their USD back to buy a lot of stuff.

You may personally view it differently, but all others do take into account forex gain/loss in terms of base currency

I earned in muti currency. MYR, SGD, USD
NO and that s not relevant. Try understand what i meant again.

Likewise, understand what i mean.
If you were a wage earner in MYR , used MYR to invest in gold, what are your calculated returns in? USD?

EPF invests in all,sorts of foreign currency denominated assets. What are their returns reported in? USD?

That s my point. Others not relevant.

This post has been edited by Singh_Kalan: Jan 27 2018, 10:25 AM