MARI invest

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sohguanh

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pratik28 said:
lock in current price can only do via ocbc , uob gold a/c or ETFs.
Mutual Funds like MIG / GXS are different animal , they follow LBMA AM price which is publish once a day , not the price at the time you submit order.
Totally different mechanics! They cut the noise , if you want to invest for long term than hourly fluctuations dont matter.
In MIG if you want todays price , just buy before 9am to lock todays price and it will reflect in app next business day
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MIG is fund and fund is release one price one day. Stock ETF is immediate upon you submit which is real time and some ppl like this as they know the price transacted after trade is completed

I do both but got one feature I find in fund not in stock etf. More brokers like dollarDEX FSMOne Endowus provide switch feature. Basically you switch sell from fund A to switch buy fund B. Ppl may argue it is same as you do a sell wait complete take the monies do a buy. But there is a lag in this manual process. Using switch you cut down the wait. Switch sell fund A on today price and switch buy fund B on tomorrow price. Of cuz switch work only when you have many funds in your portfolio to play with. E.g I use it to sell my LG Gold fund to buy other funds which is green color to help me offset my red colour LG Gold fund.
 
IAmChiobu12M

IAmChiobu12M

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How is everyone Mari gold investment going? Crash so much kns. Should have just guai guai stick to spyl. Or just buy physical gold, even crash at least is real tangible gold can touch.
 
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pratik28

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IAmChiobu12M said:
How is everyone Mari gold investment going? Crash so much kns. Should have just guai guai stick to spyl. Or just buy physical gold, even crash at least is real tangible gold can touch.
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yeah , I am in about 12% paper loss at this moment but it should improve today onwards.
Agreed the most cost effective would be usd ETFs but local sgd products like Maribank Gold or other local options has its own audience lah ,
I personally know a few ppl who just use ocbc precious metal a/c bcoz of the trust in ocbc and the fuss free way of using it despite the wider spreads. Same goes for uob , stashaway gold , bullionstar bsp , etc etc
 
wutawa

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wutawa said:
I am a sucker for promo, will wait since I no money anyway. equity is higher risk than bond.

(not vested in mise and sti)
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finally, after so long..
CnUzQMQ.jpg
 
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lousylah

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Unless they resume bombing, it is possible we cleared the bottom last week for metals.

Meeting by new fed chair this week is the last hurdle then the slow steady climb should start.

can still DCA in, dont worry. Rally likely into the yr-end (if US-Iran-Israel DONT resume bombing before that!)
 
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pratik28

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IAmChiobu12M said:
Huh then is it back choice to sell? I press sell this morning.
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oh , why lah. You said 8% in paper loss than should atleast wait to recover. See if you still got option to cancel your sell order.
Gold meant for mid to long term , atleast hold 1 to 2yrs or longer. Never track the iran usa war deal ah , gold was expected to recover already.
Any such fund of any bank , only invest those funds you donot need in short term. Even bond funds r volatile , than let alone Gold.
 
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pratik28

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lousylah said:
Unless they resume bombing, it is possible we cleared the bottom last week for metals.

Meeting by new fed chair this week is the last hurdle then the slow steady climb should start.

can still DCA in, dont worry. Rally likely into the yr-end (if US-Iran-Israel DONT resume bombing before that!)
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Hopefully rally , I also paiseh with my paper loss so far.
But this week fed meet not the last hurdle , as long as usd strengthens , bond rates rise , fed rate hike or even its expectation , upcoming AI stock IPOs like OpenAI / Anthropic , etc etc can lead to roller coaster in metals.

Even country specific policy changes can have a big impact on metals , like India recently actions to curb gold imports, heavily hike import taxes to protect its currency against usd.

We always at mercy of these geopolitical , macroeconomic factors , especially retail investors like us can never know everything
 
IAmChiobu12M

IAmChiobu12M

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pratik28 said:
oh , why lah. You said 8% in paper loss than should atleast wait to recover. See if you still got option to cancel your sell order.
Gold meant for mid to long term , atleast hold 1 to 2yrs or longer. Never track the iran usa war deal ah , gold was expected to recover already.
Any such fund of any bank , only invest those funds you donot need in short term. Even bond funds r volatile , than let alone Gold.
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I never sell all. I kept some and hope it will recover and earn. I decided cash out some either buy physical gold or spyl.
 
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sohguanh

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pratik28 said:
Hopefully rally , I also paiseh with my paper loss so far.
But this week fed meet not the last hurdle , as long as usd strengthens , bond rates rise , fed rate hike or even its expectation , upcoming AI stock IPOs like OpenAI / Anthropic , etc etc can lead to roller coaster in metals.

Even country specific policy changes can have a big impact on metals , like India recently actions to curb gold imports, heavily hike import taxes to protect its currency against usd.

We always at mercy of these geopolitical , macroeconomic factors , especially retail investors like us can never know everything
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Just be careful of that orange man. As long as he sit on the Emperor throne he will stir trouble once markets reach high again. High low high low manipulate until he finish his term. I believe his close associates make a big killing from all the high and low from important announcements that is prior to being announced.
 
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