Tuesday, August 23, 2011

Gold On The Rise

annyeong-haseyo...decided to blog since i have the spare time (this rarely happens)...am quite free & relax this week as most of the task has been done and no new incoming task came in...a good oppurtunity to blog :P ...

after lingering for about a couple of weeks, i decided that i need to act fast and luckily Wednesday last week, i did managed to open a Gold Account at the Kuwait Finance House in Shah Alam...Wednesday last week, gold price was RM174.31/gram...and today it's already RM186.31/gram...that's RM12 increment in less than a week!!!...fortunately i didn't delayed any longer, otherwise it will be a loss then...what i regretted was that i didn't act fast enough...during early of the month, it was only about RM159/gram...

recently i bought several ebooks and one of them is about Gold investment...from there, i learned that gold is something that is inflation proof...unlike currency, it does not depreciate...and in fact, it appreciates in accordance to time...just browse at google to see how much it has appreciate throughout the few years back...and based on history, Gold appreciates about 40% each year...in other words, if we invest in Gold, we will get a return profit of 40% each year...




here are a couple of facts that will make u think to invest in gold right now...from 18th july 2011 till 4th of august 2011, the increase was already 6%....it has been reported that federal banks in several countries are ramping up gold holdings lately...and for the first time in 10 years, South Korea has bought gold valued at $1.24 billion...

with these being said, it would be a wise choice to start diverse our investment especially in Gold investment...till date, there are 7 banks in Malaysia that offers Gold Account investment namely Maybank, Public Bank, UOB, Standard Chartered, CIMB, Kuwait Finance House and the latest Al-Rajhi Bank...for muslims, we now have 2 choices which are Kuwait Finance House & Al-Rajhi Bank where both are Syariah compliance for a piece of mind...

as for me, i opt for Kuwait Finance House as they have more branches which is more convenient for more rather than Al-Rajhi bank...if i'm not mistaken, Al-Rajhi Gold Investment Account can only be opened at the main branch whereby for Kuwait Finance House, u can head to any of their branch to open the Gold Investment Account...the product name of Kuwait Finance House gold investment is called Gold Account-i...before opening the account, there are a few requirements or terms and conditions that has to be met...for more info, u may check at their website....

http://www.kfh.com.my/kfhmb/ep/kfhContentView.do?contentTypeId=3000&channelId=-8148&displayPage=%2Fep%2Fcontent%2Fkfh_editorial_content.jsp&programId=8687&pageTypeId=8683&contentId=11048







so, what r u waiting for?...head to ur nearest Kuwait Finance House branch to start invest in Gold...for non-muslims ofcourse, u have a wider range of choices :P ...act fast!...act now!...GOLD IS ON THE RISE!!!...

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