Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Gold Investment Corner V8, All About Gold

views
     
maraippo
post Dec 23 2014, 05:19 PM

~PoPoPoPoPo~
******
Senior Member
1,165 posts

Joined: Jul 2008
From: Kami's Palace


QUOTE(drfeelgood @ Dec 23 2014, 10:19 AM)
I am a newbie too. But i guess by sharing and discussing we can learn more also.

Maybank account is a passbook account. You can go and buy gold into your Gold Savings account. Withdrawals in cash or physical gold at selected Maybanks.

To buy physical gold... there are those in facebook selling physical gold from mints like public gold, bahrain gold etc..
i am sure you can also buy from gold shops or kedai pajak... i wonder which is the best options?

Anyone care to share more info?  Tkz
*
i'd advise to avoid gold savings account by banks. most (if not all) is not guaranteed by PIDM. in case of anything happen, you just lose it all.
since the gold price is plummeting, it's not like you gain anything. with the spread, fees and others you are indeed losing instead of gaining.

it is better to keep physical gold. have safe box in your house or keep somewhere safe. to gain money, plan for reaaaally long term investment plan (wait for the gold price to increase) or actively trading your gold. buy at bottom, sell at peak. refer to gold price chart you can find in internet or follow experts analysis to determine good time to buy or sell.


maraippo
post Dec 23 2014, 05:36 PM

~PoPoPoPoPo~
******
Senior Member
1,165 posts

Joined: Jul 2008
From: Kami's Palace


QUOTE(drfeelgood @ Dec 23 2014, 05:22 PM)
Hmmm... just for discussion, physical gold more expensive by around 20%....

Hard to recoup initial capital. Unless the price suddenly sky rockets.

But certain bank giving good rates, and if need to withdraw can request for physical gold. Some with charges, some without charges...
*
oic. me myself didn't look into detail on the banks.
maraippo
post Jan 19 2015, 05:46 PM

~PoPoPoPoPo~
******
Senior Member
1,165 posts

Joined: Jul 2008
From: Kami's Palace


looking at the chart seems like gold is ready to go south tongue.gif

those short term gold owner better sell now when price is high. hehehe
maraippo
post Feb 18 2015, 10:32 AM

~PoPoPoPoPo~
******
Senior Member
1,165 posts

Joined: Jul 2008
From: Kami's Palace


RM is getting weaker. charts with US pairing not necessarily reflect malaysia gold price.

just buy when price reach new support, sell when reach new high. all i can think of. it will keep getting lower anwyay

 

Change to:
| Lo-Fi Version
0.0201sec    0.53    7 queries    GZIP Disabled
Time is now: 2nd December 2025 - 01:00 PM