/* Magenet Universal Plugin code */ Problogger Money: Invest in Gold

Monday, April 21, 2008

Invest in Gold

Whenever I walk pass the jewellery store in megamalls in Penang, I notice that the price of gold has been increasing steadily ever since I bought myself a gold bangle in Singapore. The money that I have saved up from giving tuition was spent on the gold bangle costing S$300. Now with the US Dollar dropping against the Malaysian Ringgit, it is wise to invest in gold coins. This is because the value of gold keeps appreciating very fast and it is a rare commodity. Gold is traded internationally and used as a form of investment. If I have the cash, I will try to invest in gold coins as they look pretty and will appreciate in value over time.

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