Are you better off investing in gold than in a gold proxy such as Poh Kong?
To answer this question, I compared the gain from gold compared to Poh Kong based on the short-term situation ie 2019 to 2022.
From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 35 %. If you have invested in Poh Kong, your compounded annual total gain (capital gain + dividends) would be 14%.
On such a basis there is no advantage to investing in Poh Kong compared to gold.
There is an error in my analysis yesterday as I was not comparing apple-to-apple. Gold appreciated by 8.5 % CAGR compared to Poh Kong 14 %. So it is better to invest in Poh Kong
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
keluarpattern
226 posts
Posted by keluarpattern > 2023-08-08 16:10 | Report Abuse
85.5 sen, i collect gold better