And investors went crazy. Like moths to a flame, the (price) action attracted a lot of attention. This phenomenon isn’t unique to stocks; the same thing happens to other commodities, too – you’ve seen the long lines at gold jewellery stores when gold price broke RM300/gram.
(P/s – Never think you’re immune to FOMO, best to stay humble. Having an ego and thinking you’re more rational than the crowd could will be your downfall.)
So… you want to start exploring stock investing in Malaysia, but don’t know where to start. Here are 7 articles, to read *in order* that will help you in your stocks investing journey.
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.
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).
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.