I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Thursday, 29 December 2011

Buy Gold/Silver as insurance or hedge against inflation? (4)

Read? Buy Gold/Silver as insurance or hedge against inflation? (3)

Gold fell near $1,560 an ounce, hitting a three-month low.




Posted by Createwealth8888 at 07:33
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2 comments:

  1. Kyith29 December 2011 at 08:21:00 GMT+8

    So wrong there uncle. Doesn't mean you make money on keppel means all the others will. Had people bought keppel at 14 bucks will you get the dame situation.

    Gold is money. So keppel corrects and its OK gold corrects and its a bad thing haha. Not many will get your chance to buy at 1 dollar again.

    Like nick say it is dangerous to always look at the rear view mirror We should look at gold in future climate

    ReplyDelete
  2. Anonymous29 December 2011 at 12:54:00 GMT+8

    Hi CW,
    To me, Gold is a product when you buy, you don't intend to sell for life. Unless you have nothing to live on anymore. i mean you have no other means to eat to live. Or you are on the run because of one reason or another(touch wood). Ha! Ha!
    i had some experience buying/selling with UOB's Gold trading account. If only i have Buys and no Sells in the 1980s, WoW!

    ReplyDelete

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