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Thread: Why gold man?

  1. #1
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    Default Why gold man?


    ana sila ang pinaka nindot paliton if naa ka extra moeny is GOLD,
    ngano man?

    og ana sad sa ako mga nadunggan ang GOLD kuno magkamahal?
    ngano man?

    pwede ko maka ask og idea sa ako mga pangutana?
    nga nganong gold man jud ila iadvice paliton if naa extra money?

  2. #2

  3. #3
    nice paliton ang gold coz u can convert it into cash and mu taas pud iya value. halos ni double bya ang price sa gold per gram compared pag 2007. You can also trade and invest sa precious metals like gold di lang ko kibaw unsaon hehehe....

  4. #4
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    upp koni balik bi kai para ato uban mga ka istorya diha mo share sa ila knowledge

  5. #5
    Bro, investments like these are good so long you have built your financial foundation right.

    Let me tell you a story of my friend:
    He bought a gold necklace for a price of 28k+. Of course, there's nothing wrong with anyone nga ganahan mupalit ug gold necklace, di ba? Iyaha bitaw na hinaguan and capable pud bitaw siya mupalit ana. Also, its value appreciates over time man pud, di ba?

    But you know what happened after 6 months?
    His mother was diagnosed with cancer and needed medication. They really loved their mother so much and they can't afford just watching their mother without doing anything. They really needed a lot of money for her medication.

    What happened?
    These opted them to sell most of their things - their car, ref, television, etc. and worst, including his hard-earned investment - his necklace. His buyer bought the necklace for a price of 20k. Ouch!

    Bro, yes it's true that precious stones appreciate over time but with the urgent need of money in case of emergencies, these investments might not be good investments at all.

    Bro, ako lang suggestion is investments like these are good but "Start building your financial foundation first".

  6. #6
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    Quote Originally Posted by c0mpumast3r View Post
    Bro, investments like these are good so long you have built your financial foundation right.

    Let me tell you a story of my friend:
    He bought a gold necklace for a price of 28k+. Of course, there's nothing wrong with anyone nga ganahan mupalit ug gold necklace, di ba? Iyaha bitaw na hinaguan and capable pud bitaw siya mupalit ana. Also, its value appreciates over time man pud, di ba?

    But you know what happened after 6 months?
    His mother was diagnosed with cancer and needed medication. They really loved their mother so much and they can't afford just watching their mother without doing anything. They really needed a lot of money for her medication.

    What happened?
    These opted them to sell most of their things - their car, ref, television, etc. and worst, including his hard-earned investment - his necklace. His buyer bought the necklace for a price of 20k. Ouch!

    Bro, yes it's true that precious stones appreciate over time but with the urgent need of money in case of emergencies, these investments might not be good investments at all.

    Bro, ako lang suggestion is investments like these are good but "Start building your financial foundation first".
    HOW DO YOU MEAN WITH THIS SIR?
    "Start building your financial foundation first"

  7. #7
    Quote Originally Posted by mcapon View Post
    HOW DO YOU MEAN WITH THIS SIR?
    "Start building your financial foundation first"
    Invest in knowledge. Learn how to build a strong financial foundation the right way.

  8. #8
    Gold and Jewelries are totally different. Dili advisable nga mo-keep ug jewelries kay matintal ka ug prenda ana when emergency comes.

    When investing/trading Gold or other precious metals, it comes with a certificate.. Just like the stock market. The good thing, unlike stocks nga paper asset ra, at least naa kay makuptan nga Gold Bars, kung ganahan nimo i-withdraw..

    Dili lang ko familiar asa ta ana kapalit.

  9. #9
    check out the gold price movement:

    INO.com Markets - Chart for Gold Spot (FOREX:XAUUSDO)

    Oct 2008 around 750 pa.
    Karon 1400.. Almost double.
    And take note wala jud cya ma-igo during recession.. hehehe

    Hinuon.. Medyo hinay cya compared sa stocks.

  10. #10
    Quote Originally Posted by redhorse1L View Post
    check out the gold price movement:

    INO.com Markets - Chart for Gold Spot (FOREX:XAUUSDO)

    Oct 2008 around 750 pa.
    Karon 1400.. Almost double.
    And take note wala jud cya ma-igo during recession.. hehehe

    Hinuon.. Medyo hinay cya compared sa stocks.
    bro since you mentioned stocks.. i would prefer to go after this than gold. not trade on stocks but invest on stocks. there's a thread here on that particular matter... investing on stocks.

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