ELEMENT 79 (AURUM) – GOLD

There is a Malay proverb "Sikit-sikit lama-lama jadi bukit" which literally means if we work on something diligently and with patience we will achieve our objective. In the context of wealth, consistent is the key.

 

~*~                                                                        ~*~

One way to start is gold investment/saving by buying a small amount of gold via Public Gold GAP account, with discipline of course.  Every opportunity (extra money) we buy a gram of gold.  Let just say we buy a gram per month,  in one year we will have 12g of gold.  We can set our own personal target. Once achieved, we withdraw the gold from our GAP account and keep the 999.9 or 24k gold ourselves.  This is similar to keeping money in our saving account but remember money value can depreciate due to multiple factors such as inflation and exchange rate.

 

~*~                                                                                                                   ~*~

Apart from its rarity, gold value comes from its natural characteristics.  Gold is dense, malleable, ductile, highly efficient electric conductor, chemically inert and corrosion resistant.  As a result, gold has multiple uses in fields like medicine (gold-based drugs for rheumatoid arthritis), electronics and aerospace.  Due to this, we do not have to worry about gold losing its intrinsic value but we do need some investment knowledge of gold to protect and also expand our wealth.

 

~*~                                                                                                                   ~*~

 Public gold presented us with opportunities by providing aforementioned GAP account, affordable gold bar/coin purchase with very good buy-back spread of 5-8% compared to other financial institution.  Not to advertise about public gold but to sincerely share what I have learned from gold accumulation/saving in public gold family.