Gold Investment

Gold is nice to look at. I'm talking about the gold bars. Oke that may sound a bit of a lunacy so might want to bring it down a bit.

I like bracelets. I'm a fan of them. I love looking at bracelets outside Habib Jewels (because too afraid to come in and buat muka orang kaya to ask the prices). Jewelleries as accessories are nice, I admit that. But apart from that, gold is also good as an investment.

Well, if you are looking for investment avenues or those who love skim cepat kaya, maybe you can proceed from this point onwards.

During May 2009, the price of gold is about RM 117 per gram. Two months after that, the price went up to RM 127. During July-December 2010, the price was around RM 133-RM 140 per gram.

That was just a little comparison; I do not have to go in further although further comparison will reveal the same thing: gold price usually goes up. And this is the reason why gold makes a good investment choice (IMHO).

There are a lot of available choices now, not just buying gold necklace and bracelets. Well, I think not just now but for sometime. We can get gold bullions from Maybank and Public Bank or even Kuwait Finance House. Not necessarily to be turned into accessories but for rainy days in the future or even life after retirement. Public Bank offers physical gold while only certain Maybank branches offer kijang emas or physical gold.

Unlike money, gold value usually appreciates, not depreciate. Try going to jewellery outlets and ask the value of gold that maybe you have purchased like in the last five years. Ask, don't go and sell it. I didn't ask you to pawn it.

' I am a guy, I cannot but jewellery'. No worries, like I said just now, head to banks for gold accounts. As I refer up there, those three financial institutions offer gold accounts. But, if you are planning to open an account with Maybank, please do it in the morning. Opening the account will take some time and usually gold is available in the morning.

The initial investment may go up to about RM 2,000 with Kuwait Finance House, the amount might be a bit lower for Maybank. Subsequent purchases will be lower than that. But IMHO, definitely more worthy than paying RM 500+ for some dodgy businesses. And I would keep it at the bank, thanks.

Do you know that gold can become currency itself?

Taken from Wikipedia: In an international gold-standard system (which is necessarily based on an internal gold standard in the countries concerned)^[14] gold or a currency that is convertible into gold at a fixed price is used as a means of making international payments. Under such a system, when exchange rates rise above or fall below the fixed mint rate by more than the cost of shipping gold from one country to another, large inflows or outflows occur until the rates return to the official level.

This may be a little bit boring but I think this will be a good choice for those who are using PTPTN rather than joining some MLMs that are just waiting to collapse.

So, girls, you know what to ask for your birthday?