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 HelloGold - Ask Me Anything, related to HelloGold or gold in general

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avinlim
post Feb 18 2019, 05:09 PM

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Come to this treat due to Boost.

2% buying fee + 2% maintenance fees...

mean once buy, the cost already +4%.. how to benefit from it in long run. Sorry, not business kaki here, need sifu2 explain abit.
avinlim
post Feb 19 2019, 11:56 AM

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How and when does administrative fees being charged?

How much will it be charged base on 10g gold that I keep in account for 6 months.

E.g I have 10g gold and balance RM0 in account.

This post has been edited by avinlim: Feb 19 2019, 12:00 PM
avinlim
post Feb 19 2019, 01:56 PM

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QUOTE(David83 @ Feb 19 2019, 01:10 PM)
If I remembered correctly, the administrative fee is deducted from the gold on-hand not wallet balance.
You will see the number of gold in gram is reduced after the deduction.
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Means that, If I got 10g gold in my account, I will see the 10g gold disappear a little every month due to admin fees?

1st month 10g
2nd month 9.99g...
3rd month 9.98g... so on so on...
avinlim
post Feb 19 2019, 01:58 PM

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QUOTE(preducer @ Feb 19 2019, 10:26 AM)
I double checked with them on the contest period and below is their answer

@preducer Hi! The contest is running from 18th February to 24th March 2019. Thanks smile.gif
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Boost reload RM100 to Hello gold, and use RM100 buy gold to eligible to enter the contest.

if the RM100 is use in smart saver, also consider buy gold and eligible to enter contest?
avinlim
post Feb 19 2019, 05:49 PM

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QUOTE(preducer @ Feb 18 2019, 11:39 PM)
I think it's alright, dont need too long.
*
Every week need reload RM100 for the weekly lucky draw of RM88?
avinlim
post Mar 4 2019, 09:14 AM

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-deleted-

This post has been edited by avinlim: Mar 4 2019, 11:24 AM
avinlim
post Mar 6 2019, 08:34 AM

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QUOTE(ckdenion @ Mar 5 2019, 09:13 PM)
the RM88 is given in gold worth RM88 into the account. so lucky to win, enter at a high price (RM176/g) just to bet on the one entry. manatau kena now sold everything off.  laugh.gif
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Why need sell? Just keep till the price is higher only sell ma. Now RM168/g... rclxub.gif rclxub.gif rclxub.gif



Any winner announced for last week? seem like they removed the winner list at https://www.hellogold.com/buy-gold-with-boost/



By simple calculation, lets say you have 1kg gold with Hellogold. over 10 years, how much gold will be left in your Hellogold account??? whistling.gif whistling.gif whistling.gif whistling.gif whistling.gif whistling.gif

This post has been edited by avinlim: Mar 6 2019, 04:47 PM
avinlim
post Mar 6 2019, 11:43 AM

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-deleted-

This post has been edited by avinlim: Mar 6 2019, 04:46 PM
avinlim
post Mar 6 2019, 04:38 PM

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-deleted-

This post has been edited by avinlim: Mar 6 2019, 04:46 PM
avinlim
post Mar 8 2019, 04:00 PM

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QUOTE(honsiong @ Mar 7 2019, 02:19 PM)
I think almost no one here in this thread invest in HelloGold and buys HGT, most ppl here are customers of HG buying gold.
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haha...how much u dump into hello gold?
avinlim
post Mar 12 2019, 02:20 PM

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QUOTE(majorarmstrong @ Mar 11 2019, 10:06 AM)
i invested RM100 last week - now hoping to win some money from hellogold
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you will know by tomorrow~ good luck!
avinlim
post Mar 21 2019, 02:20 PM

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What is the monthly limit of adding cash to buy gold? It doesn't seem like RM30k for daily limit.
avinlim
post Mar 21 2019, 03:40 PM

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QUOTE(Joshua_ambrose @ Mar 21 2019, 02:42 PM)
The maximum daily transactions limit (Add cash and withdrawal combined) is RM30,000. For Boost, there is a limit of 10 Add Cash attempts which includes successful and unsuccessful attempts.
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10 add cash for boost per month?
avinlim
post Mar 22 2019, 09:13 AM

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QUOTE(coo|dude @ Mar 21 2019, 06:00 PM)
Per day, buddy
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So, what is this limit all about?

So far reloaded <RM4000
Times reloaded <8 times

user posted image
avinlim
post Mar 22 2019, 10:38 AM

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QUOTE(WinterDays @ Mar 22 2019, 10:32 AM)
Can I ask which method you used to win the 88 gold?
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both work actually, just make sure you reload from boost and buy RM100 gold
avinlim
post Mar 22 2019, 11:28 AM

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QUOTE(Joshua_ambrose @ Mar 22 2019, 11:07 AM)
Hello avinlim. This page shows the limit imposed by Boost and not HelloGold. I would advise you to check this with Boost.
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ok, noted. Thanks for your answer! notworthy.gif notworthy.gif notworthy.gif



QUOTE(majorarmstrong @ Mar 22 2019, 11:26 AM)
boost monthly limit is 4.5k for premium account so you might have reached that limit
*
nope, never reach that limit yet.

This post has been edited by avinlim: Mar 22 2019, 11:40 AM
avinlim
post Apr 3 2019, 03:32 PM

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there is alot gold given man...!
avinlim
post May 16 2019, 02:39 PM

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QUOTE(skty @ May 11 2019, 06:44 PM)
so looking at the fee,

if buy and sell in the same day:
buy =  0.79% (weekday) or 2.79% (weekend)
sell = 2.00% (weekday) or 4.00% (weekend)
total charge = 2.79% (weekday) or 6.79% (weekend)

if buy and sell after one month:
buy =  0.79% (weekday) or 2.79% (weekend)
sell = 2.00% (weekday) or 4.00% (weekend)
admin fee = 2.00%/12 = 0.1667%
total charge = 2.9567% (weekday) or 6.9567% (weekend)

above correct? I cannot really confirm the sell transaction fee because I haven't buy any gold yet.

can I immediately sell any gold I received when other people transfer their gold to me?

thanks.
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can, why not?

People buy gold, % fees already charged. Even thought transfer gold from one acc to another is free.

You still pay certain % fees when you convert your gold to cash in account.

This post has been edited by avinlim: May 16 2019, 02:40 PM
avinlim
post May 17 2019, 02:54 PM

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Like a mosquito's sucking your blood. you just feel itchy...but over time you will feel it...haha...
avinlim
post May 21 2019, 09:33 AM

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QUOTE(tohca @ May 17 2019, 05:52 PM)
Buying gold is for the long term. But at 2% rate of decay, all things being equal, you will only have half the gold left after 36 years. Doesn't sound like a good investment. If you add in commission charges it's even worse.
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QUOTE(majorarmstrong @ May 17 2019, 06:30 PM)
hands and legs up supporting this statement
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Yalo, if people really do the math with simple excel sheet. No one dare to invest gold in without their promotion of giving out Free gold. drool.gif drool.gif drool.gif drool.gif drool.gif drool.gif

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