Buying gold bar a gd investment?

[atwee]

Heard peo say collecting gold bars is better than putting $$ in the bank, dunno how true leh....

[Sundance]

Considering the same thing. Was informed Crude down, USD soon to follow and gold will go up. Checking spot rate daily, UOB selling 9999 wafers at good price.

[lifegauge]

If you're thinking of investing in gold bars through schemes, be careful.

If you're thinking of buying actual gold bars, you need to buy from tax-free countries to make it worthwhile. Gold prices don't rise 7% overnight, but when you buy from Singapore shops, immediately you lose 7%.

[atwee]

If you're thinking of investing in gold bars through schemes, be careful.

If you're thinking of buying actual gold bars, you need to buy from tax-free countries to make it worthwhile. Gold prices don't rise 7% overnight, but when you buy from Singapore shops, immediately you lose 7%.

buy fr others country flying back with it scare scare leh. Also will tio tax oso de......how ah?

[atwee]

Considering the same thing. Was informed Crude down, USD soon to follow and gold will go up. Checking spot rate daily, UOB selling 9999 wafers at good price.

ya, m thinking of collecting 100g slowly build piece by piece. Then eng eng take out to molest and kiss kiss

[jflye]

gold can fluctuate quite a bit over long term, if want to diversify your investments, IMO, its ok but if want to invest every penny onto gold, try not to unless there is imminent war

[parchiao]

Why do people not buy gold as a form of insurance? In case a form of currency is needed in desparate times, gold is probably the only one that will be accepted.

[atwee]

Why do people not buy gold as a form of insurance? In case a form of currency is needed in desparate times, gold is probably the only one that will be accepted.

agreed

[atwee]

gold can fluctuate quite a bit over long term, if want to diversify your investments, IMO, its ok but if want to invest every penny onto gold, try not to unless there is imminent war

But it's still better than putting $ in the bank, not right?

[kirkcw]

gold can fluctuate quite a bit over long term, if want to diversify your investments, IMO, its ok but if want to invest every penny onto gold, try not to unless there is imminent war

agree!

[Trinidad]

You are better off buying a solid gold Rolex.

[patrickmaniac]

You sure?

There's gst on buying gold banks from banks?

If you're thinking of investing in gold bars through schemes, be careful.

If you're thinking of buying actual gold bars, you need to buy from tax-free countries to make it worthwhile. Gold prices don't rise 7% overnight, but when you buy from Singapore shops, immediately you lose 7%.

[atwee]

How about collecting gold bar vs buying a property in bbk n rent out?

Lau liow can oso retired there.

[kenkelvin]

If you're thinking of investing in gold bars through schemes, be careful.

If you're thinking of buying actual gold bars, you need to buy from tax-free countries to make it worthwhile. Gold prices don't rise 7% overnight, but when you buy from Singapore shops, immediately you lose 7%.

Now no need pay 7% Liao

[Babolat]

Only those with special prints, like gold bullion for year of horse, year or dragon etc needs to paY GST.
For normal Perth month, credit sussis gold bars no GST.