gold Archives - Ringgit Oh Ringgit

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gold

27 ^th
January

5 Best Places to Save Money in Malaysia, Ranked

Posted by Suraya - 10 Comments

I heard that y’all have a problem with spending your savings away, is that right? Despite your best intentions to save money, that company’s marketing campaign caught you at a bad time and there you are, nursing the most horrible buyer’s remorse.

Note that I didn’t name this article, Best Places to Invest Money in Malaysia. It’s Best Places to Save Money in Malaysia. Emphasis on saving money. All the options in this list MUST either be cash or can be quickly converted/sold into cash without losing much value. In investing-speak, we call this ‘liquid’.

According to Google image search, ‘liquid investment’ is also a tap that drips dollar signs, coins and banknotes. I can confirm this depiction is 100% accurate.

With that clarified, let’s go ahead and rank the best places to save money in Malaysia. The ranking order is decided by myself, but let me know if you have opinions – open to compelling arguments.

#1 – Mutual funds, unit trusts and roboadvisory platforms without withdrawal fees or ‘locking period’

29 ^th
May

Pros & Cons List of 5 Popular Investments in Malaysia

Posted by Suraya - 6 Comments

In this article, I’m going to give you a condensed but concise pros/cons list of five of the most popular investments in Malaysia: fixed deposits, mutual funds/unit trust, stocks, gold and properties/land. I’m also going to give you the tried-and-tested strategies that work well with each type of investment.

Why these five? Simple – because the overwhelming majority of us will start our investing journey with one of them first.

Let’s get right into it.

#1 – Fixed Deposit

11 ^th
June

[SPONSORED] What You Should Know About Gold Prices In 2008-2018

Posted by Suraya - 6 Comments

As someone who keeps gold and regularly checks the price, I thought I’d cover the gold price movement in the last decade. Here’s what happened to gold prices between 2008 until mid-2018. Think of this article as an explanation of the 10-year historical gold price chart below.

gold prices — The price of gold from 2008-2018, per kilo (for some reason can’t change setting to grams)

For the benefit of this article, I’ll use price of gold per gram, not per kilo. Most people track the price that way anyway (unless they’re from the US, in which case they use ounces).

17 ^th
April

[SPONSORED] 20+ Interesting Gold Coin and Gold Bar Designs

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If you’re keen to collect something, why not collect gold coins and gold bars? They tend to appreciate in value in the long run. If you get bored of your collection or need money, you can resell it and get back what you paid (and perhaps more than that). You can’t say the same for most other collections.

In this collaboration post with buysilvermalaysia.com (which actually sells a lot of gold too despite the name), we would like to share some interesting gold coin and gold bar designs for your visual pleasure. Your inner pirate will appreciate this.

24 ^th
October

[SPONSORED] 5 Common Questions About Gold Investment, Answered

Posted by Suraya - 10 Comments

Since my early 20s, I keep a little gold as part of my investment portfolio. The process was more or less:

Knowing that I need to invest money
Being overwhelmed by all the investment options out there
Heard of gold as a safe-ish investment
Read up about gold, find out about common scams
Buy gold (here’s how and where to buy gold as an investment)

In this article, and in collaboration with HelloGold – an app-based platform to buy and keep gold investment – I’d like to share some common questions about gold investment.

#1 – How much gold should I keep?

23 ^rd
August

[SPONSORED] How to Buy Gold in Malaysia, as an Investment

Posted by Suraya - 23 Comments

When I first started investing, one of my first investments was gold. I was in my early 20s, it was the early 2010s, and I bought 20 grams. I’ve since sold some of them, but still keep a small amount.

Why I chose gold as an investment