QUOTE(CSS @ Dec 15 2017, 06:43 PM)
QUOTE(Ramjade @ Jan 2 2018, 05:59 PM)
Of course. Why?
1) zero spread. The price you see is the price you buy/sell
2) all transactions can be done online.
3) back by real gold
4) no need to carry gold
1) zero spread. The price you see is the price you buy/sell
2) all transactions can be done online.
3) back by real gold
4) no need to carry gold
QUOTE(Ramjade @ Jan 2 2018, 06:15 PM)
Just buy gold ETF. No need to think about spread. No need to give greedy banks extra money. It's not really paper gold unlike bank gold. Gold ETF is based on price of real gold
i have a quick check on it. apparently there will be a 1.5sen charge per annual as management fee. will be deducted though the NAV price.so if you will be holding 10 years or more, no a wise decision. better stick back to bank gold account where they have 0 management fee above certain gram.
if for short term 2- 3 years maybe still ok as lowered compared to spreading
Jan 22 2018, 12:20 PM

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