myinvestments

maybank gold/silver account

nikomohd
Publish date: Wed, 24 Sep 2014, 05:29 PM
all about mine

anyone into the above account? I did some since 2013 for gold and silver but it seems to be dead!..no movements at all!!!

price for gold and silver getting lower and lower!

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Created by nikomohd | Sep 24, 2014

Discussions
Be the first to like this. Showing 8 of 8 comments

nikomohd

lol for the account!..what lar maybank, please push for the silver at least!...i know its beyond your control but you are the first bank to introduce!!!!!

2014-09-24 17:32

CAF-POW

Gold/silver is more useful for hedging......

2014-09-24 18:17

Wave

nikomohd. Same as you, I had started buy in this silver since 2013. Even though we are suffering the paper loss now but I totally agreed with CAF-POW, it's good for hedging. I just a small buyer and every month I just use RM200 to buy in. For me, this investment is for at least 5-10 or more years.

2014-09-24 22:49

limko1

When banks started offering these types of account for the general public, the peak is near. Yes, wait for 5 - 10 more years.

2014-09-24 22:58

90754248

I have MBB silver investment account, i accumulating avearage 200g a month with two deposits (100g each), when the price drop or record low, i would top up more frequence. This is for my long term investment (retirement fund).

2014-09-25 08:23

OptimusM

luckily i dump all my gold 2 months ago, still got usd1300.

now looks like dead.

2014-09-25 08:24

Wave

Ya. It's dying but will never dead. Silver will wake up one day in the future.

2014-09-25 10:38

CAF-POW

Gold price has dropped almost 30% from its peak.....It will rise again when next cycle of market crash.....if you are saving for retirement at least your saving will be protected. Property may crash, stocks price plummet, currency devalues .... so, gold will be the safe haven .... unless some genius can artificially create gold at cheaper cost?

But Maybank buy/sell spread is lousy......RM124 vs 129.36 (UOB is 126 vs 128.10).

2014-09-25 11:40

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