Investment Talk

[kmax]

is there any TA person here ?

[violord]

LoL.. that's always the best best question to ask an advisor

 

hehehe n usually it goes unanswered like this one.

Edited May 12, 2010 by violord

[violord]

So what do you earn? Why is it better than investing the Gold ETFs?

 

ETFs are prone to speculation and does not translate to you holding the gold physically which means you are prone to be hit if the big players wanna play dirty.

 

It is more secure to hold on to your assets physically than holding on to a piece of paper saying that you are holding them.

 

SO IF YOU ARE HOLDING ON TO A PIECE OF PAPER WHICH SAYS THAT YOU ARE HOLDING ON TO YOUR GOLD...THEN WHO IS ACTUALLY HOLDING YOUR GOLD??

 

Food for thought: Why do governments need to store physical gold in their national banks? Why can't they depend on ETFs since it's easier....No Vaults....No logistics?

Edited May 12, 2010 by violord

[joekia]

hehehe n usually it goes unanswered like this one.

 

 

 

There is an MAS ruling that all FAs are to disclose how much they earn. I wun consider u as a FA but if I do not know how much spread u earn I dun think it's worth it to buy anything from you.

 

p.s. when I buy shares i know exactly how much i pay in terms of commission

[joekia]

ETFs are prone to speculation and does not translate to you holding the gold physically which means you are prone to be hit if the big players wanna play dirty.

 

It is more secure to hold on to your assets physically than holding on to a piece of paper saying that you are holding them.

 

SO IF YOU ARE HOLDING ON TO A PIECE OF PAPER WHICH SAYS THAT YOU ARE HOLDING ON TO YOUR GOLD...THEN WHO IS ACTUALLY HOLDING YOUR GOLD??

 

Food for thought: Why do governments need to store physical gold in their national banks? Why can't they depend on ETFs since it's easier....No Vaults....No logistics?

 

ETFs are prone to speculation and does not translate to you holding the gold physically which means you are prone to be hit if the big players wanna play dirty

 

Perhaps you would like to explain what is an ETF to us. Apparently there's some difference in what I think I know of an ETF and what you think you know of an ETF.

 

It is more secure to hold on to your assets physically than holding on to a piece of paper saying that you are holding them.

 

Yes it's more secured in some ways. But buying from dubious source makes 20x less secured. How would I know what i'm buying is what I think I'm buying? How would I know it's not part of the loot that was robbed from the poor goldsmith last month? Most impt. Holding your physical exposes you to risks of losing it.

 

 

Food for thought: Why do governments need to store physical gold in their national banks? Why can't they depend on ETFs since it's easier....No Vaults....No logistics?

 

Food for thought: Why do ppl deposit their life savings in banks in return of a few pieces of paper saying that's what they own? Why dun they store physical cash? Can put in milo kong. Can put in pillow case.. Opps for some of us here pillow case not enuff to put. Haha...

 

What we've to understand is how much in terms of % of the nation's wealth does the gov hold in physical gold. Alot of nations wealth are calculated on their entire economy and physical gold only accounts for a meague % of their entire wealth. Ala "loose Change" in our pockets per se.

Edited May 13, 2010 by joekia

[kmax]

this is third time we hear about gold investment..

 

Uncle Ausa

 

http://www.singaporebikes.com/forums/showthread.php?p=4896304#post4896304

 

http://www.singaporebikes.com/forums/showthread.php?p=4934563#post4934563

 

http://www.singaporebikes.com/forums/showthread.php?p=4898710#post4898710

 

 

Red Riding Hood

 

http://www.singaporebikes.com/forums/showthread.php?p=5336815#post5336815

 

http://www.singaporebikes.com/forums/showthread.php?p=5343490#post5343490

 

http://www.singaporebikes.com/forums/showthread.php?p=5345039#post5345039

[Throttle]

ETFs are prone to speculation and does not translate to you holding the gold physically which means you are prone to be hit if the big players wanna play dirty.

 

It is more secure to hold on to your assets physically than holding on to a piece of paper saying that you are holding them.

 

SO IF YOU ARE HOLDING ON TO A PIECE OF PAPER WHICH SAYS THAT YOU ARE HOLDING ON TO YOUR GOLD...THEN WHO IS ACTUALLY HOLDING YOUR GOLD??

 

Food for thought: Why do governments need to store physical gold in their national banks? Why can't they depend on ETFs since it's easier....No Vaults....No logistics?

 

Yes ETFs are open to speculation and may not mirror/track the movements 100%. Yes it is more "secure" holding physical.

 

however, the tradeoff here is that good ETFs allow for simple and quick transaction, low cost and more convenient denominations.

there is also virtually little safekeeping cost and zero insurance compared to holding physical.

 

this does not mean that i am against or for either physical gold, ETFs or even Loco London which i sometimes trade.

 

for a traditional old woman who needs to see her gold in her drawer, she will buy physical becos she is unlikely to sell it the following day. She can enjoy the physical presence of the gold but she risks being robbed/burglared.

 

for a slightly more sophisticated investor, he may choose Gold ETF like SPDR Gold becos he appreciates the quick liquidity, low transaction cost to get in and out becos his main objective is not really to hold Gold but to make money out of it.

 

For an even more sophisticated full time trader, he may choose Loco London trading by the minute or second buying/selling XAU/USD again for the objective of making money and not to hold gold for security purpose.

 

In any case, to each his own. In this case, you are surely entitled to your opinions but you must also entitle others to their opinions.

 

Our real underlying objective and capability determines our choice.

nothing to debate about here, actually

 

cheers

[exige]

Looks like there's quite a number of crouching tiger and hidden dragons here. haha.

 

...

In any case, to each his own. In this case, you are surely entitled to your opinions but you must also entitle others to their opinions.

 

Our real underlying objective and capability determines our choice.

nothing to debate about here, actually

 

cheers

 

Couldn't agree more with Throttle. Its mainly a matter of individual choice. Like finding a life partner, there is no best gf / bf, but rather, the most suitable gf/bf for me.

 

And yea, I think Throttle's "classification" of gold-investor profile here is pretty good.

 

for a traditional old woman who needs to see her gold in her drawer, she will buy physical becos she is unlikely to sell it the following day. She can enjoy the physical presence of the gold but she risks being robbed/burglared.

 

for a slightly more sophisticated investor, he may choose Gold ETF like SPDR Gold becos he appreciates the quick liquidity, low transaction cost to get in and out becos his main objective is not really to hold Gold but to make money out of it.

 

For an even more sophisticated full time trader, he may choose Loco London trading by the minute or second buying/selling XAU/USD again for the objective of making money and not to hold gold for security purpose.

[exige]

this is third time we hear about gold investment..

 

Uncle Ausa

 

http://www.singaporebikes.com/forums/showthread.php?p=4896304#post4896304

 

http://www.singaporebikes.com/forums/showthread.php?p=4934563#post4934563

 

http://www.singaporebikes.com/forums/showthread.php?p=4898710#post4898710

 

 

Red Riding Hood

 

http://www.singaporebikes.com/forums/showthread.php?p=5336815#post5336815

 

http://www.singaporebikes.com/forums/showthread.php?p=5343490#post5343490

 

http://www.singaporebikes.com/forums/showthread.php?p=5345039#post5345039

 

Haha, kmax sure is diligent in searching back for the past posts.

I took a look, and have to say that my views on gold are quite similar to Throttle's. Gold gives no bloody dividend or whatsoever.

 

Ok, for myself, I'm in the non-gold investor camp. Cause apart from its industrial uses (ie: in jewelry, electronics, etc), there isn't too much utility for gold. Humans mostly only mine the gold, only to safeguard it again elsewhere; spending resources both on mining and securing it. This is unlike "live" businesses which attempts to generate profits through operating activities / provision of services to the economy, etc. Hence, given the utility of gold, the actual economic value it provides, and my investment principles, Gold is not my cup of tea. Perhaps at most, as jewelry only..

 

[Fire_Blade]

Anyone into Forex?

[CMYRS]

the beautiful front month brent wti spread party is over!

complete trashing on IPE this afternoon even though expiry is tonight.

 

pls thank vittol & BP for the ride.

[CCharles]

Just buy ANY shares and watch it grow

[Bassart]

U gotta research on the share u gonna buy. Not jus buy and watch it grow - -

[violord]

ETFs are prone to speculation and does not translate to you holding the gold physically which means you are prone to be hit if the big players wanna play dirty

 

Perhaps you would like to explain what is an ETF to us. Apparently there's some difference in what I think I know of an ETF and what you think you know of an ETF.

 

It is more secure to hold on to your assets physically than holding on to a piece of paper saying that you are holding them.

 

Yes it's more secured in some ways. But buying from dubious source makes 20x less secured. How would I know what i'm buying is what I think I'm buying? How would I know it's not part of the loot that was robbed from the poor goldsmith last month? Most impt. Holding your physical exposes you to risks of losing it.

 

 

Food for thought: Why do governments need to store physical gold in their national banks? Why can't they depend on ETFs since it's easier....No Vaults....No logistics?

 

Food for thought: Why do ppl deposit their life savings in banks in return of a few pieces of paper saying that's what they own? Why dun they store physical cash? Can put in milo kong. Can put in pillow case.. Opps for some of us here pillow case not enuff to put. Haha...

 

What we've to understand is how much in terms of % of the nation's wealth does the gov hold in physical gold. Alot of nations wealth are calculated on their entire economy and physical gold only accounts for a meague % of their entire wealth. Ala "loose Change" in our pockets per se.

 

I have all the answers to your questions but I definitely do not earn enough to spend my time assuring you that the gold was not stolen and that it is common sense to issue buyers with invoices. (I believe that I stated clearly that it is from a wholesaler whom I know)

I have better things to do than having my intelligence insulted by an uncredited critic in a childish way.

 

Take note that I mentioned that this opportunity should be effected on your SAVINGS (See prev. pg). For example: a substitute for a conservative long term insurance plan.

[exige]

Anyone here into U.S. stocks?

[joekia]

I have all the answers to your questions but I definitely do not earn enough to spend my time assuring you that the gold was not stolen and that it is common sense to issue buyers with invoices. (I believe that I stated clearly that it is from a wholesaler whom I know)

I have better things to do than having my intelligence insulted by an uncredited critic in a childish way.

 

Take note that I mentioned that this opportunity should be effected on your SAVINGS (See prev. pg). For example: a substitute for a conservative long term insurance plan.

 

Shruggs. To each he's own. The stolen loot was juz a metaphor. Chill it dude. Can't help it if u feel insulted when Im just trying to clarify.

[Fire_Blade]

Buy dividend paying stocks and keep it, but don't expect it to grow. then again, it probably won't drop as well. These are really to buy and keep.

[cougar]

This news does it mean can buy the Prudential shares in Sg that is prospecting for funds to buy AIA?

 

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1051918/1/.html

[CMYRS]

beautiful overdue technical rebound tonight, hope one and all are enjoying it

 

after almost 2 straight weeks from 86.24 till last night's low of 69.27 for wti, where's my equivalent saving at the pumps!

[joekia]

beautiful overdue technical rebound tonight, hope one and all are enjoying it

 

after almost 2 straight weeks from 86.24 till last night's low of 69.27 for wti, where's my equivalent saving at the pumps!

 

You'll never see it hahaha... BUT... you'll see the price move up if WTI recovers to 80ish

[CMYRS]

You'll never see it hahaha... BUT... you'll see the price move up if WTI recovers to 80ish

 

yea! damm it, ure so right........

 

the oil & petroleum corps made enough last year to bail greece out on their own.

[fooz]

great singapore sale started?

so many counters look attrractive... hmm..

[CMYRS]

buy greece and they will throw in spain and portugal absolutely free!!

 

the new securities mkts program to purchase private securities by the ECB, size and details still TBA but expected to be sovereign debt purchases.

 

euro 250 billion in IMF loans are 50% from the EU contribution, remaining portion still TBA.

 

mkt observes a pattern of increased moral hazard in global financial mkts should all this fall thru.

 

basically, throwing good money after bad doesnt sound like a good idea?

if there is actually money to throw?

 

still dare to buy?

[Throttle]

been out of town the whole week so no action from me.

 

since i'm back, will be buying tomorrow.

[joekia]

Buy buy buy!!!