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Comparison Between 5 Gold Investment Accounts

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How to choose the best  gold investment account  that suits you the most? Let’s do some comparison: CIMB Bank Gold Deposit Account (GDA) Kuwait Finance House KFH Gold Account – i (GAI) Maybank Gold Savings Passbook Account (GSPA) Public Bank Gold Investment Account (GIA) United Overseas Bank Gold Savings Account (GSA) CIMB BANK VS. KUWAIT FINANCE HOUSE VS. MAYBANK VS. PUBLIC BANK VS. UNITED OVERSEAS BANK Note: Information is obtained from the respective banks’ websites and customer service call centers. Here are factors to consider when picking a gold account: AFFORDABILITY Most banks do not charge a fee for the opening of a gold account. However, whenever you sign up for an account, a minimum initial deposit is required ranging from 5 grams to 20 grams. Other than that, minimum subsequent purchase/sale shall be taken into consideration too. Especially, for those who plan to buy gold on a regular basic. FINENESS OF GOLD According to Wikipedia, here is ...

Should we know what an investment is?

What is investment? When I was still a kid or teenager, I have no interest in investments. All I think of is to finish my homework, to play, to study, to have a boyfriend and to find a good job so that I can have my own money. That's it. Nothing else. Yes, I know. To have a boyfriend was not supposed to be in the list. Hehe Insurance? I have no idea what insurance is. All I know is you pay them every month and if something bad happen to you they will give you a huge amount of money. I think it's a stupid business, why should you give money to people? Your company will sure go bankrupt one. That was when I'm still in primary school. ASB? Mum opened an account for me when I was 12 years old. My 2 brothers also have an account there when they reached the age of 12. At that time, I have a secret plan. A stupid secret plan. My secret plan was I will secretly withdraw an amount of money when I reached the age of 18 (because that's the time you can withdraw money by your...