Thursday, September 3, 2009

How to invest Gold in Malaysia

Why invest gold ? I think lots of people might know gold is the best tool to prevent currency losing its value.

36 years Gold data, gold has been going up and up soon or later will cross USD 1000/oz. So cut the crap let's talk about how we invest gold in malaysia.
Old generation uncle or auntie will goto jewelry shop buy tons of gold accessories -- ring, necklace, blah blah blah... which is not best to invest in gold because part of the value paying for design, shop rental, marketing and so on.

For us new generation I would rather go for real value invest in gold:-
1.) Gold saving pass book
Almost same as our saving passbook but it don't give interest, reason because gold appreciate by its value. When inflation up, gold value also follow up. It's easy to buy/sell but 1 drawback when something happen like war, country collapse or take over by others, bank bankrupt or suddenly disappear, your gold passbook become paper.
Now banks provide this kind of account, example: public bank, maybank, UOB,

2.) Kijang Emas Gold Bullion Coins -- Physical Gold
It's physical, you can touch, hold and even put under pillow and sleep. It would be recognized in other countries as a bullion coin .999 fine quality. Easy to keep, 1KG of gold worth
RM 118,013.00 so if you invest 1million it's just 10KG of gold.

Where can you buy ?
The Kijang Emas is retailed by Maybank and CIMB Bank in Malaysia.



Top 10 Reasons to Invest in Physical Gold

1) No other investment has the wealth preserving power of gold!
2) Gold should be part of every optimally diversified portfolio.
3) Physical (allocated) gold is the most secure way to invest in gold.
4) The current U.S. debt and trade crisis will continue to push gold prices up.
5) A tangible and liquid asset, gold is the only truly international currency.
6) Gold maintains its value through political and social upheavals, wars, and natural disasters.
7) Unlike paper currency, stocks and bonds, gold will never loses its intrinsic value.
8) Gold is an inflation-proof investment.
9) Gold will always be in demand, and demand is increasing.
10) Gold has always been, and will always be, the most legendary precious metal in the world.

2 comments:

  1. Where can we buy physical gold?

    ReplyDelete
  2. Maybank Branch can buy
    11 & 13, Jalan Raja Jalil,
    45000 Kuala Selangor
    Selangor

    50-52, Jalan Sultan (52/4),
    46200 Petaling Jaya,
    P.O. Box 270,
    Jalan Sultan,
    46730 Petaling Jaya
    Selangor

    or you can check from maybank website -- http://www.maybank2u.com.my/mbb_info/m2u/public/customerServiceBranchDetailsList.do

    ReplyDelete