Quote:
Originally Posted by shysaint
Her money NOT you give 
I do agree ... Gold is NOT a waste $$$ provided you have the means and ability to keep and stock it .... Else IMHO , it is a waste of money ...
got $$$ buy , no $$ sell, until when then we can stock enough gold for profit and good living or worse in cases when ones really in need of $$$ ...
Unless u buy "chunks" of gold and sell when high ....
another scenerio is bank interest : average 14% ...
how many people can really make $$$ out of it .... if you put in sgd $100k ... yes , u can earn $14k out of it, BUT , thats provided you have spare cash to use for 1 year and you leave it untouch for 1 year ... if we do not have that means, we can't make that 14% in big volume .... |
alamak...why must leave it untouch ???
just do fixed deposit at 1 mth then every mth go bank take interest and renew it lor.that's how i do and how my wife gets her allowance for family maintenance.....
no need buy chunks of gold lah....any amount is also good bcos gold price in VN will not drop bcos its always being tied together with the property prices.
i did bought 5 liang of the gold....but after comparison,i still find that dividends for getting interest from banks is better.but nobody knows how long the high interest rate will go on.
keeping gold is good for people who has intention of buying many new houses or lands in the near future bcos many landlords like to value their properties in terms of gold.