Comments on Creating Wealth The Unit Trust Way: #152. Gold Investment And Tetrahedron Update 3

Hi Wai Teng, The best time to buy is coming soon p...

2009-01-11T22:17:00.000+08:00

Hi Wai Teng,
The best time to buy is coming soon possibly next month. Please keep reading my blog to get updates. I might post a buy signal anytime when the timing is right. That is if you believe in my analysis. But a disclaimer, I might be wrong. You can take your chances.

Yes, you can top up and bring down the average cost just like unit trust. It's much simpler than unit trust. You only need to fill up a few forms when you first open the account. After that, whenever you buy or sell, just bring your account passbook. It's like a savings passbook. Very simple and no more forms to fill up.

Cheers and you are welcome.

Hi Carson, I'm looking at the PB Gold Investment a...

2009-01-05T14:24:00.000+08:00

Hi Carson,

I'm looking at the PB Gold Investment a/c. When do u think is the best or appropriate time to buy now? I understand that it requires a minimum purchase of 20grams. Is this a/c very similar to unit trust where u can top-up if gold prices coming down so u can bring down the average cost?

Thanks.
wt

Yeah, I have made a slight error in the article ab...

2009-01-05T13:10:00.000+08:00

Yeah, I have made a slight error in the article above. USD860 is not a good buy. Looking from Elliot Wave's point of view, USD860 will be the first dip, and then a second dip lower. The second dip will be the good time to buy again.

interesting ... the upper trend line looking back ...

2009-01-05T12:02:00.000+08:00

interesting ... the upper trend line looking back from Feb is also stopping it to go any further. I agree mostly except the part to buy again at 860.