It’s an exciting month for September. With Perth Mint introducing the2012 Lunar Dragon, Royal Canadian Mint will be updating their Canadian Wildlife Series with Cougar.
With one of the finest available 0.9999 pure silver bullion coin in market, Cougar is the third of a six-coin series of silver bullion coins celebrating Canada’s Wildlife.
It is limited to a mintage of one million coins and three more issues are scheduled to follow (one dated 2012 and two others dated 2013). [Read more →]
I was doing my regular check on Kijang Emas price via Bank Negara website and to my surprise, the difference between the buying and selling price for 1 oz of Kijang Emas is now RM233!
It’s a little bit passed 2.00 am now so the price I am referring now is actually yesterday’s price. The buying price for Kijang Emas is RM6,014 and selling price is RM5,781. RM233 is an huge price gap in Kijang Emas price history.
Armed with Excel, I dived into the historic data on Kijang Emas prices and crunched it to check if the spread is still the same during this current wild bull ride on precious metals.
When it comes to investment, everybody knows about buying at low and selling at high.
Problem is, when is low and when is high?
It feels good to buy while riding the bull thus, common investor buys when thing is going UP. When price is falling, it feels worrisome to buy more. In reality, investors buy the least when price is falling and buy the most when price is moving up.
To solve this, dollar cost averaging strategy is recommended.
“The technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. More shares are purchased when prices are low, and fewer shares are bought when prices are high.” – Investopedia.org
How to invest silver using this strategy?
While dollar cost averaging works best for shares and mutual funds, it is not as straight forward as it is if you are buying physical silver. We recommend buying physical silver instead of paper silver (some US shares on Mines or Singapore’s UOB silver passbook). It is difficult to schedule a regular amount when you are buying in ounce. You might want to look into investing via Ounce Cost Averaging.
Michael Maloney or Mike Maloney has been the precious metals investment advisor to Robert Kiyosaki since 2005. His advise has prompted Robert Kiyosaki to buy a large amount of silver when silver was priced at around $USD4/ozt.
It’s an exciting month for September. With Perth Mint introducing the2012 Lunar Dragon, Royal Canadian Mint will be updating their Canadian Wildlife Series with Cougar. 
I was doing my regular check on Kijang Emas price via 
When it comes to investment, everybody knows about buying at low and selling at high.
