19-07-2011, 10:20 AM
Ah...,
You are right in a way, physical gold is not pure insurance, neither it's an investment. It's does not have earning, cash flow, etc.. like a company. i think it is more like an investment in a commodity yet its a stand-alone commodity unlike other commodities; Ah..., i am getting myself into a corner. But i know if you can choose when to sell gold, just like every other things is the best.
You are right in a way, physical gold is not pure insurance, neither it's an investment. It's does not have earning, cash flow, etc.. like a company. i think it is more like an investment in a commodity yet its a stand-alone commodity unlike other commodities; Ah..., i am getting myself into a corner. But i know if you can choose when to sell gold, just like every other things is the best.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.