#192. Maximize Your Profit In Gold Investment

Learn How To Make 98.75% Profit While Gold Only Appreciated 30%

The above chart shows the 2009 (till 17 November 2009) price trend of AmPrecious Fund and Gold price. Gold price is shown in US Dollars while AmPrecious price is recorded in Ringgit.

Gold price is shown in red line and Amprecious is the black line.

Gold price closed on 2 Jan 2009 at USD874.50, and on 17 November at USD1,134.75. An increase of about 30%. However, the actual increment may be smaller when we convert it to Ringgit because of the drop in value of US Dollars this year.

AmPrecious on 2 Jan 2009 was at RM0.7074, and on 17 November at RM1.0249. An increase of about 45%.

There are a few observations to share with you:

One, AmPrecious moves up and down in trend similar to Gold.

Two, while AmPrecious dances in the step with Gold, the magnitude is slightly larger. This might make AmPrecious a better investment than Public Bank Gold itself.

Three, we are still in an uptrend in Gold. Hence AmPrecious will trend higher too.

As I have written in an earlier article. We need power to maximize our profit. Look for the best investment vehicle to achieve our target (profit) faster.


A.S.K.

Although the return is good, I believe we can get more if we adopt the buy-and-sell strategy. The buy-and-hold strategy will give you the returns mentioned above. The buy-and-sell strategy will give a return that is more than double that.

The law of attraction that is currently told in some latest books is not something new. Long before this became popular, I have known from an old book about this concept.

I am not religious (nor am I a Christian), just an avid reader that read a lot of books. One of the books that I have read is the Bible. I read to learn some knowledge in it. This is what I found long ago when I read it (Matthew 7:7):

Ask, and it shall be given you;
Seek, and ye shall find;
Knock, and it shall be opened unto you.

Since my mind is continuously questioning and asking how to get more, I chanced upon an investment guide book. This book shows some techniques to enter the market at the right time.

Whoever that says we can't time the market, they may not know about the techniques that many people are using successfully. Either that or they are from the unit trust industry. Hehe. They just want you to buy and hold and stay invested with them. Although logically they would make more if they promote buy-and-sell since they earn more sales charges each time we buy.

After obtaining the whole 2009 year's data from Fundsupermart, I backtested the technique on the data. To my amazement, as of 17 November 2009, the technique returns an amazing gross profit (not yet deduct the sales charges) of 98.75%!

In the last article, you read about the importance of stock charts. Now you see. Without chart, we will only make a profit of 30% if we are in a lucky uptrend. With a chart in hand and knowledge of some techniques, you will make even more!

I feel so excited when I discover this. After sharing with some close friends and relatives, I understand that many people will be skeptical of it. Therefore I am not prepared to release this in public. Will just keep it with me for the time being.

What I will do however is to publish my timing here whenever I buy and sell. That way you can follow to see if the technique really works to make great profits. Nevertheless, a disclaimer is a must here. Follow at your own risk. It should not be taken as an absolute investment advice.

The friends and relatives that believe in what I said, are now ready to follow my cue to board the train at the next valley station.

Those that are going to ask me what technique I use will not get an answer. I won't reveal the answer here nor in emails. Hope you understand. No free lunches. Also, I cannot guarantee that this will work in 2010. We will see how it goes.