The fact is you could make a profit too!

Maybe that's a Freudian slip from you!

yes, that is why invest with the money you can afford to lose and NOT don't invest in it

That's why maybe you lose often.

yes, that is true too, but at least i don't gives others false hope too

No one wants your poor experience. And its not false to be able to make money from investments.
Maybe for you, a false hope.

money can be made from investment and there is also money can be lost in investment too .....(Not including those like FD, ASX, MMF etc)
that is the experience i gained....and that is not false hope...that is true happening

false hope are investing with the mindset (or believing with certainty) that money invested can never be lost.

This post has been edited by MUM: Aug 21 2020, 05:10 PM

Gold: 1,998.00 +19.40(+0.98%)

Gold is inching back to 2000 level.

If want to open gold investment account, is it OK to go for bank or hellogold? If bank, which bank is good, in terms of price , price spread and fees may be? So far bi heard of cimb, may bank, public bank and uob…

googled and found these....
hope they can provides you with some info while you wait for responses,

https://nomoneylah.com/2019/11/22/gold-investment/
https://www.imoney.my/invest-gold
https://www.google.com/search?source=hp&ei=...&sclient=psy-ab

U sure want jump in at this price ?

open account gotta masuk 1 gm ba

What price? Open account only, then observe and see.

Ooo tot u want to jump in straight away. Look at the gold cycle almost 10 yr to reach peak then crash repeat few time dy.

I remember last yr price around 155+ rm per gram now ouch that time gold dint seem to be a good investment

Hellogold can open account without buy 1 gram, if want buy, just reload then buy, not sure about the bank account, should be the same I think.

Now rm250+, recently gold price spike up to 2000usd

how much premium need to pay now?

Do you mean the price spread?
Hellogold is around RM 15, buy price - sell price
But bank is much more cheaper, can see at the bank website.

Gold drops as dollar surges to six-week high

BENGALURU: Gold prices slipped on Tuesday following a sharp drop the previous day, as the dollar hit multi-week highs ahead of U.S. Federal Reserve Chair Jerome Powell's appearance at a congressional committee.

Spot gold fell 0.9% to $1,895.38 per ounce by 0738 GMT. Prices fell more than 3% to $1,882.70 on Monday, the lowest level since Aug. 12. U.S. gold futures were down 0.5% at $1,900.20 on Tuesday.

https://www.thestar.com.my/business/busines...o-six-week-high

owh no more physical gold premium eh?