| Posted on December 27, 2011 at 8:00 PM |
Malaysian company. If they are really in compliance with what they say the are, then this is easily the smartest and safest gold investment to date! At least, to me, probably because I haven't seen anything better for a long, long time... most are outright cons.
Why so? Well, for starters, their declared minimum 'gift' of 1.5% per month (18% per year) easily outperforms the common investments that we 'not-so-well-off' wannabe investors know of. Where do you park your money? The way I see it, if it is anything less than 10% per annum, then you're simply earning fumes because that is just about par with inflation! Meaning, if your investment ROI is 3.5% pa, say, then your returns is (-) 7%. That's minus. But sometimes our actions are stranger than fiction!
Word has it from a reliable source that someone here in Sabah has invested 20kg! That's gold just over RM4 million in price....hmmm, perhaps, if I have that much tucked away somewhere, chances are I'll be grinning from cheek to cheek and be happy. But then again there are some people who truly believe that 'money is not useful unless it is used' or put to work. I would hazard a rough estimate of more than RM100K per month in gift for this investment! Compared with others, you do the maths lah....
And, the good thing is, you actually hold the gold.
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