dare not

From bullion seller, less premium than retail gold shop. Buy 20 gram every 2 months still ok to me. 1 oz bar too much d, I am still new to gold.

I second you, that's the reason I am thinking rather put part of my money in precious metal. I am actually buying silver every week.

Gold has fallen/falling, Ringgit has fallen/falling & Crude Oil has fallen/falling for the past three to four months or simply put it is all in downtrend. No one knows when this trend will change. Most index have gone up quite a bit meaning that equities are doing well. The question is are you on the right side i.e. in the money, IF not then you must be short of knowledge, tools, skills and experience and you need to work on it

Thanks mate. Very good advise.

I did put in part of money in unit trust, it works well at the moment. But I really need to brush up the knowledge and experience that I lack of.

what should i look into it?
i really short off all this as you mention since i just start to exposed this.

so as my earlier question if i invest on gold would it be better than fd? cause in fd if i put rm10k, one year later get rm400.
what happen if i invest in gold will it be better risk?

by the way, buy silver can go anywhere?

Sorry can't answer you hahah, because I don't really like FD or saving plans for just a simple reason, my cash flow got stuck. I believe many more investment product gives me better return and better liquidity. Invest in gold there is a risk, your holding power must be strong, probably a few years to get a good return, imo. Well I am still new to talk all these.

I bought silver mostly from overseas, and in M'sia, you can search buysilvermalaysia.com or nubex.my for quick and easy access, they sell gold too.

We know that it is possible to make millions in almost everything if not everything. People have made millions doing property, stocks/shares, futures, education, medicine, etc. etc. This clearly shows that it is NOT where got millions it is WHO can make the millions. If we take a close look at all those who have made their millions it is clear that they all have something in common e.g. they are very focused on what they do, they have great patience, they work hard, they work smart, they have faith and belief in what they do etc. etc. This simply means that the first thing to do is to choose what you can do well or more importantly like to do and just work on it. These people do NOT chase after the million, they chase after knowledge, tools, skills and experience and the millions come chasing after them and not the other way around. If want to trade/invest in gold then we must know as much as possible about gold and there is so much to know. First there is physical gold, then there is paper gold (ETF, Futures, Options, etc)... first get knowledge and go from there, it will take time BUT if you are determined and focused... you will arrive, just my 2 sen

FD is for people who do not want to take ANY risk or think there is NO risk . With FD your money is being worked by other people more for other people BUT if you do not know what/how to invest then it is THE BETTER way. To get a better return for your money i.e. let your money make money for you it is necessary to take calculated risks and make some effort to learn and understand what is possible and what is not possible. It is all about balancing FEAR & GREED and taking the center path

This post has been edited by lyralp: Nov 12 2014, 01:31 AM

very well said.

Iyraip has answered your question clearly. Just to add, your principal in FDs would be guaranteed as its induced by PIDM unless you decide to place it with Bank Rakyat. However, you should have a strong holding power if you're going to venture into Gold

Well said!

Gold is forming a breakout pattern, up or down no one knows BUT it appears to be leaning more towards DOWN. Crude Oil and Ringgit have hit a support and a bouncing there BUT both also leaning more to DOWN. If you are SHORT (Sell Position) in any of these three assets, good for you. If want to take the LONG (Buy Position) then you either have a deep pocket, you are absolutely sure that these markets are going to rebound (you are a master trader/investor), you have already made your pile when it went down a few month ago and can afford to lose a % of what your already made... or you are very confused

This post has been edited by Sham903n: Nov 12 2014, 06:53 PM

Status quo on Gold, Crude Oil & Ringgit. It appears that market players are waiting for something to happen

wait for market to crash?

m waiting too, guess gotta top-up more pop-con for it to kick-in

Probably, yes... but for me it is just an assumption, a guess

With technical analysis it is not too difficult to "see" that the market is waiting for something to happen This is like having the right eye wide open and be able see WHEN something is happening. To know WHY something is happening or why something is NOT happening then it becomes necessary to acquire the knowledge, tools, skills and experience in fundamental analysis. That is like opening and seeing with the left eye and so now got two eyes watching... sure better lah, my fren.

Hmmm, need to work on it to develop the second eye and not to forget that there is also the "third eye" which cannot be learned, it is acquired through years of experience by watching & trading the market. BUT then as always there are exceptions and there are miracles. This, just in case there is someone here who knows of someone who just left school or is "handicapped" etc. etc. and is making tons of money trading the markets.

This post has been edited by lyralp: Nov 13 2014, 05:17 PM

need crystal ball bro....or tarot cards.....or coconut.....

Crude Oil is now doing $76/barrel, broke the $80 mark, is a four year low i.e. October 2010 price and as always they got something to say after it has happened. For now they are saying it is because of a "glut". Gold & RM seems to be holding for now but for how long is a ?

This post has been edited by lyralp: Nov 13 2014, 11:54 PM

Crude Oil doing $74/barrel, Gold forming perfect breakout pattern (appears more to downside), Ringgit - ding dong ding dong above a support line

Most index futures are going up BUT our own FKLI is not following for sometime now, people go down we went up, people go up we coming down. Ask a fren, what happen? he said our KLCI "lau sai"... what?