Last week, I went shopping with my wife looking for jewelry for my brother-in-law. He is getting married end of this year. As Chinese, it is customary for close siblings to give Gold during tea ceremony. We decided that it is best that we buy at today’s price rather than buying year end’s price. This is my first experience in buying gold from a local jewelry shop.
We headed down to Sungai Wang Plaza as there are few big franchise jewelry shops. After checking out few shops, we locked our eyes on a simple but elegant gold 916 bracelet from Tomei Jewelry shop located at BB Plaza. Gold was priced at RM205/gram that day.
Eric Sprott of Sprott.com and James Turk, of GoldMoney Foundation, talk about how there isn’t enough silver in the silver market to back existing “paper silver” commitments. Sprott thinks that “silver will be the investment of this decade”. [Read more →]
When it comes to investment, everybody knows about buying at low and selling at high.
Problem is, when is low and when is high?
It feels good to buy while riding the bull thus, common investor buys when thing is going UP. When price is falling, it feels worrisome to buy more. In reality, investors buy the least when price is falling and buy the most when price is moving up.
To solve this, dollar cost averaging strategy is recommended.
“The technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. More shares are purchased when prices are low, and fewer shares are bought when prices are high.” – Investopedia.org
How to invest silver using this strategy?
While dollar cost averaging works best for shares and mutual funds, it is not as straight forward as it is if you are buying physical silver. We recommend buying physical silver instead of paper silver (some US shares on Mines or Singapore’s UOB silver passbook). It is difficult to schedule a regular amount when you are buying in ounce. You might want to look into investing via Ounce Cost Averaging.
One of the most anticipated silver bullion by Perth Mint will be releasing this coming 1st September. You would have guessed it right, the fifth animal in the 12-year cycle of the Chinese zodiac, the 2012 dragon lunar.
Of all animal in the Chinese zodiac, dragon has always been the favorite. It is also the best selling animal for Lunar Series 1.
In this post, we will be looking into information and facts on what you should know about the lunar series.
When it comes to precious metal investment in coins format, it is recommended that we invest in bullion coins. Bullion coin is a coin struck from gold, silver, platinum or palladium. Generally, investment grade bullion coins have purity of not less than 0.9 fineness. For silver, it is recommended to buy fineness with triple 9 (0.999) or more.
Although bullion coins usually have legal tender in their country of origin, its legal tender value are ignorable as it is valued lower than the actual metal price. For instance, 1 oz of American Eagle silver has a legal tender of USD$ 1 value. Would you like to trade it with my RM3.00?
There are plenty of different bullion coins in the market. In this post, we will discuss the top five favourites for Malaysia.
Last week, I went shopping with my wife looking for jewelry for my brother-in-law. He is getting married end of this year. As Chinese, it is customary for close siblings to give Gold during tea ceremony. We decided that it is best that we buy at today’s price rather than buying year end’s price. This is my first experience in buying gold from a local jewelry shop.
When it comes to investment, everybody knows about buying at low and selling at high.
One of the most anticipated silver bullion by Perth Mint will be releasing this coming 1st September. You would have guessed it right, the fifth animal in the 12-year cycle of the Chinese zodiac, the 2012 dragon lunar. 
When it comes to precious metal investment in coins format, it is recommended that we invest in bullion coins. Bullion coin is a coin struck from gold, silver, platinum or palladium. Generally, investment grade bullion coins have purity of not less than 0.9 fineness. For silver, it is recommended to buy fineness with triple 9 (0.999) or more.
