donemyhouse 0 Report post Posted May 18, 2011 Pls also pm me the contact. Nothing lose to learn something more Share this post Link to post Share on other sites
knownothing 0 Report post Posted May 23, 2011 Pls also pm me the contact. Nothing lose to learn something moreI suggest you take caution in land banking investments. Share this post Link to post Share on other sites
indira 0 Report post Posted May 23, 2011 Thats why you have to find out more in details.....Cheers, Share this post Link to post Share on other sites
gimz63251073 0 Report post Posted May 23, 2011 stocks, bonds are already not easy to comprehend.land banking? http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_571363.htmlgo in with eyes wide open and do not invest what you cannot afford to lose.Cheers! Share this post Link to post Share on other sites
HappyHouse88 0 Report post Posted July 28, 2011 any advise? I was told to buy gbp now that it's below SGD2. Share this post Link to post Share on other sites
godloveyou 0 Report post Posted July 29, 2011 (edited) any advise? I was told to buy gbp now that it's below SGD2.Forget about the West, look towards the East.USD down down down. USD 14.4 Trillion debt, still keep printing money, sigh.Euro down down down. The PIIGS nations pull the whole eurozone into "hot water" everybody almost drown.GBP Down down down .The empire is melting down, the bridge is falling down. Study how George Soros whacked the Pound down. It is a history.Warren Buffet's famous Quotes1. "The first rule is not to lose. The second rule is not to forget the first rule."2. "If past history was all there was to the game, the richest people would be librarians."3. "Risk comes from not knowing what you’re doing."4. "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." Edited July 29, 2011 by godloveyou Share this post Link to post Share on other sites
HappyHouse88 0 Report post Posted August 2, 2011 bought and sold.. my gbp .. earning 1% in 2 wks. Thanks to the us debt crisis.... now betting on gold now... speculate to go up to 1900USD by next mth.And hopefully, MAS revised their policy on strong SGD. Then USD up , gold price up.. *HUAT*.. but mkt is seriously very volatile.. muz watch when to sell and buy.. cos' 1 hr make alot of different now. Share this post Link to post Share on other sites
random_username 0 Report post Posted August 2, 2011 bought and sold.. my gbp .. earning 1% in 2 wks. Thanks to the us debt crisis.... now betting on gold now... speculate to go up to 1900USD by next mth.And hopefully, MAS revised their policy on strong SGD. Then USD up , gold price up.. *HUAT*.. but mkt is seriously very volatile.. muz watch when to sell and buy.. cos' 1 hr make alot of different now.gold - could i ask what "form" did you buy it in? eg. the physical metal, etf, gold related stocks, etc? If ok, could you also share why you bought it in that "form"?Thanks v much! Share this post Link to post Share on other sites
HappyHouse88 0 Report post Posted August 2, 2011 I bought from UOB, open an gold account. Bought 220gm@60.22 per gm in Jun.. now 62.74. Return not high.. but better the fd, and at least safe in trouble times. The price is updated now and then according to the mkt changes. The troublesome part is that you need to go to the bank to "buy/sell".. Cannot go thru RM. Information here... http://www.uob.com.sg/personal/investments/treasury/precious_metals.html?s_pid=pb2003If you buy coins/bars , real gold, normally consist of a huge "lose" upfront.. as you can see from the rate chart.If you buy from gold shop.. even worse, pay gst and dun know where to sell later. Share this post Link to post Share on other sites
HappyHouse88 0 Report post Posted August 3, 2011 hope you went down to open an account yesterday..The price just jumped $2 overnight with lower SGD/USD and also higher gold price. In any case, do note that gold, is traded in USD, so sometimes even if gold price rise in USD, there is little change GOLD/SGD. Share this post Link to post Share on other sites
godloveyou 0 Report post Posted August 3, 2011 I bought from UOB, open an gold account. Bought 220gm@60.22 per gm in Jun.. now 62.74. Return not high.. but better the fd, and at least safe in trouble times. The price is updated now and then according to the mkt changes. The troublesome part is that you need to go to the bank to "buy/sell".. Cannot go thru RM. Information here... http://www.uob.com.sg/personal/investments/treasury/precious_metals.html?s_pid=pb2003If you buy coins/bars , real gold, normally consist of a huge "lose" upfront.. as you can see from the rate chart.If you buy from gold shop.. even worse, pay gst and dun know where to sell later.Admin charge = 0.12g per month. You bought 220g, after 10 months becomes 218.8g. After putting there for 2188 months, account book print "ZERO" value.Approx 1g=$60per month admin charge = 60/10 = $6.00 Share this post Link to post Share on other sites
HappyHouse88 0 Report post Posted August 3, 2011 (edited) Admin charge = 0.12g per month. You bought 220g, after 10 months becomes 218.8g. After putting there for 2188 months, account book print "ZERO" value.Approx 1g=$60per month admin charge = 60/10 = $6.00Err.. true , it kind of deplete over time if you dun do anything abt it. Probably will only hold for 1-2 yrs, and not for 182yrs, once the crisis is over.. believe gold will fall also. But for trading purpose to fight inflation, its good enuff for me. Of course, if you wish to hold on the gold for longer than 1-2 yrs, maybe buying physical gold bar will probably work out better. So far made $4.50 per gram i.e (4x220) $990 if i cash out. Admin charge the mth of jul and aug is 0.12gx2 = 0.12x2 x 64 = $15.40Nett profit if i sell now is ard $974.60..for a initial $13k investment over 2 mths is good return Edited August 3, 2011 by HappyHouse88 Share this post Link to post Share on other sites
random_username 0 Report post Posted August 3, 2011 thanks for the info Share this post Link to post Share on other sites
HappyHouse88 0 Report post Posted August 5, 2011 After yesterday... i think 100k in the bank as FD is the best..Yesterday gold drop along with dow jo, signalling a unexpected freefall..All asian currency drop against the dollar.all this pointing to fact that foreign investor are pulling out their funds from safe heaven and asia to "help" dow jo.. Good luck on the ride! Share this post Link to post Share on other sites
godloveyou 0 Report post Posted August 5, 2011 After yesterday... i think 100k in the bank as FD is the best..Yesterday gold drop along with dow jo, signalling a unexpected freefall..All asian currency drop against the dollar.all this pointing to fact that foreign investor are pulling out their funds from safe heaven and asia to "help" dow jo.. Good luck on the ride!USD up, gold price down. USD down, gold price up. Gold price has the same characteristics as crude oil price.In long run, USD will still down, down, down. Share this post Link to post Share on other sites