You know, my brain gets very creative when I wanted to do my assignment. Out of the blue I kinda be reminded of gold price and gold investment. When I just got married, gold price is $104/gm. Now, its $194/gm. If you buy gold, there is no way you can sell it at its market price. Gold bar pun ada buying and selling price. Even more so when it comes to jeweleries that you wear. Shop would only buy from you at 75-80% of its market price. So let's say we take 75%, at $194 you would get $145.50.
Nett from purchase price is $145.50 - $104 = $41.50 (39.9% return for 4 years of investment)
Yearly return $41.50 / 4 = $10.375 i.e. 9.975% (simplest calculation which finance people might not agree with)
Is it worth it to invest in gold with that kind of return? Well... the return is certainly more than your EPF dividend of 6%; ASB dividend at 7.65 sen per unit and a bonus of 1.15 sen per unit (8.8 sen per unit); FD better tak payah tengok; Unit Trust can be risky but you can get more return (you can't wear them though) and property, certainly melambung2 return if it is on good location but it can give you headaches too.
So there you go... some rough calculation on gold investment. Now, back to kerja sekolah!!!
Sunflower gives the connotation of cheerfulness, bright, jolly, merry... you get the idea! However, if any content in this blog didn't fit the cheerfulness implied by its name, look at it this way... I'm putting down all the wretchedness, gloom, melancholy feeling in here so I can continue living up to the expectation of making the association to the sunflower.
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