I figured, with this salary rate (and this super slow-crawling increment), odds are that I’ll be a millionaire in emm..60 years! (and that too, provided that I don’t spend a dime on my salary).
Being in this investment/finance line have its perks : I have first hand info on those investment instruments or even if I don’t, the info are everywhere for me to grasp.
I’m thinking of expanding my wealth (#1 objective for any investor) which is yang takla banyak mana tu. And I’ve been thinking on what instrument I should invest in. I want something cheap, simple and not too risky, for a beginning.
Stock and shares? Too risky plus I have to set aside fees for the brokerage.
Real estate (property)? I don’t have the capital to invest in one. Enough said.
Unit trust? True, the rate does not fluctuate as hefty as shares, but naaah, it doesn’t entice me much since the return is quite low (low risk = low return)
Bond? Good investment longterm-wise but the capital is quite huge also.
Therefore, I have decided to invest in GOLD. U may buy it physically (as in buying the Kijang Emas bullion gold and find a safe place for safekeeping) or investing in a gold account, which allows you to deposit/withdraw the gold according to prevailing gold rate. I chose the latter (because you may find difficulty finding a place to keep plus safe-deposit at bank requires some fees)
For girls who are getting married soon, do choose gold as part of your hantaran or mas kahwin. It is a very good investment as a hedge (safe net) against inflation and you may financially gain from increasing gold prices (which is proven! – Lyn got it as wedding mahar at 1.6k in May and today, the price is already at 1.8k)
If you’re a new player in this investment industry (like me), start with something small, simple and straightforward. Need me to say more?😉