QUOTE(Merubin @ Feb 23 2008, 01:53 PM)
Just browse thru maybank2u website last night and saw this...anyone tried this before?Since Gold price never drop.. i think is a long term investment but need some advise

Not actually right on the 'gold price never drop'. It once went above USD 600 long time ago, but since after that (more than 10 years time), it was hovering at 300 level, just recent global inflation and comodities price surge push the price up again. Another point is that gold investment won't pay you a single interest on it, while even the most convervative investment, FD still pay you the interest. If gold price is not going up and stable, you are losing on 'opportunites' return (interest).
Gold is a good investment on geo-political tension time (war), and high inflation situation, or meant for value protection, other than that, it might be a lousy investment.
So judge your own.
Feb 23 2008, 02:00 PM
Quote
0.0129sec
0.71
6 queries
GZIP Disabled