golD investment~~~ =D

today ((18.09.08)) gold price jump rm 10 frm last trading day..to be exact da price is around rm97.00 per gram which is quite a good tym to sell to those who buy around rm80 per gram..

heres 2 story; way 2 different story bout gold n investment n profit..

public bank gt gold saving nt in rm saving bt in term of gold per gram..u buy gold n in da saving book state hw much gram u buy n on what value u buy dat trading day..da pricing is fluctuate everyday accordingly to da gold global market..its js depend on da fudamental of demand..if evry1 buy gold then da price will shot up..n if evry1 sells gold then da price will depriciate..simple!! but what hard to read is when all those want to buy vs want to sell..if u buy when evry1 sells their pile of gold then ull be lucky..depends on when evry1 starts to buy piles again..so da price is determine n fluctuate mostly..

back to my story..
1st story of all..my dad version of story..
hes duin gold investment too..hes nt to bullish n nt to moderate..js in between la..hes start buying gold last month when da price js around rm80 plus per gram..hes lucky!! he gt money to buy n da tymg is all in his favour to salvage..he eventually buy rm100k of gold dat tym averaging of rm84 per gram..
da best part start js dis morning when he call me yellg saying he gt "free" money of rm10k frm gold investment..haiyyyaaaaaaaa!! he askd me to sell mine too..huhu..in js 1 month tym he gt 10% interesting money frm his investment..
heheee..hes strike on dis!! superbly done..

2nd story..mine version of da story..
me js sell my gold last month n lost bunch of heck money..shittt!! i "think" i need to use dat money..its wasteful evry sweat of my hardwork..bt dat gold investment is on da company stock nt as profitable as real gold bullion..huhu..
wat concern me most is; i js want to buy those "cheap" gold da day before but..i gt no cash money js another bank check..darn!! its nuthg near 10k profits if i buy too..((gt nt as much cash reserve as my dad))..bt still winning sumthg ba..k raya pn ok yaaaaaaaa!! hahaha..
i lost bunch of rm on dis!!

ps : dats 2 story of gold n investor; me n my profitable dad!! hahahaha..
whats new is gold can easly reach rm600 per gram price in 2 3 years a head..better i do sum gold saving for dat heck profits while gold is still consider cheap..tymg is evrythg!!