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 Gold Investment Corner V8, All About Gold

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T231H
post Feb 3 2015, 08:06 AM

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doh.gif some people never learn...
investors make police reports on gold buyback scheme at investment firm.
Published on Feb 2, 2015 6:43 PM

Many of them had previously bought gold from another firm, Genneva Gold, which was raided by the CAD in 2012, and were eager to sell it off.

"At first I thought the investment was not bad, there were returns... it looked legitimate, the office in Toa Payoh was so big and I was at the opening of the Johor Bahru office as well," said the retiree who is in his 50s. "But the more we hear, the more we feel we have been very naive. It's a really painful feeling.

......had borrowed money from a bank to invest. Since July 2013, he put in several hundred thousands of dollars and introduced more than 10 friends to the programme, - See more at: http://www.straitstimes.com/news/singapore...al-investment-f

This post has been edited by T231H: Feb 3 2015, 08:08 AM
T231H
post Sep 3 2021, 10:19 AM

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QUOTE(lowyat101 @ Sep 3 2021, 10:15 AM)
Hi all sifu,

Came across this new fund from PMB (https://www.publicmutual.com.my/Menu/Campai...Launches/PeEMAS).

Looks like it's almost purely on gold investment (>90% as per the website).

Any sifus here can share some pros and cons of this vs those online gold investment accounts from banks? Coz I'm now considering to open 1.

I see that there's a management fee of 0.85% pa. Looks like this is the biggest cons?

Thanks
*
while you wait for replies,...
i just saw some postings in PM thread...
try post 2648 onwards
https://forum.lowyat.net/topic/3580942/+2640#entry102216183
hope it can gives some info,...

 

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