How I turn $567 to $1470 in 6 months -A wooping 259% (1)
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I started to learn gold investment since 2001. Over the years, I diversified some of our family investment portfolio into gold and silver , and we have acquired substantial profits over the years of investment.
I have a blog that I blogged mainly on gold and silver investment..
On 1/29/07 I wrote a post on my blog about gold stock which I read a lot from a gold forum. You might like to read about this post that I wrote 6 months ago. This is the post :
Wouldn’t you love it if you have bought this stock ?
At the time of writing I did not have the stock, but I did buy it on 1/30/07 at $11.50 for 50 shares amounted to $567.
A lot of my gold and silver stocks I bought are for medium and long term. I let them sit and lay golden eggs for me :).
This is one of them.
Look at how beautiful she has grew ! Fat and chubby :). From $11.50 to $30 within 6 months. You got to love this stock.
You ask me would I be able to find such opportunity in the future, I answered “SURE, my dear !”. :). Stay tunned…
![[Most Recent USD from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_4.gif)
![[Most Recent HUI from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_hui_en_2.gif)
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i tot the US market plunged lately due to the shake up in credit risk? hmmmm…..
Zewt,
Yes, might be !
There were a lot of subprime news over the last 6months.
That is why diversify is so important.
Gold at the of the day is the real money :):).
Chinese people used it since civilization, Arabs, Indians all used it long time ago and they are all the oldest civilization on earth.
That is why lah, I collected gold for my dowry , ke ke ke
I think I have to start thinking of investing in Gold. Started to watch Fast Money with hubby and the traders on the show said Gold is rising especially in India and China.
And I said of course, Indians and Chinese love gold. We buy gold to keep and then sell when the price is high.
Hooi Imm,
Thank you for dropping by and leave comment.
I have been investing gold for more than 5 years now. I am a firm believer that it is a life time of opportunity for another 10 years.
Every investment class is cyclical. There will be certain cycles where certain class of investment are more favorable and now it is Gold.
Gold is in its element now.
Every economic factor point to Gold.
I will continue to talk about gold until every joe block on the street discover gold then I will cabut and leave joe block has my gold stocks that I bought many years back.
Fair ? :):)
The chart is really tempting. That’s a good ROI for you too.
Criz,
Thank you for dropping by and leave a comment.
Have not chat for a while. I hope everything is back to normal for you.
Yes, there are a number of gold stocks that I have purchased over the years that give me this kind of look :), chubby and fat :).
Cheers !
Congratulations Jamy
Glad to hear that we still have 10 years to go, so it’s not too late to start studying now, thanks for sharing Jamy 
No Bee , we still have many years to go, my opinion and might not worth even 2 cents :):).
Yes continue reading , I just posted 2 links on my investment site.
These 2 analysts are pretty good, read and digest what they have to say.
http://investmentwiseresource.blogspot.com/2007/08/what-is-happening-to-gold.html
Looks great!
But the chart seems to drop soon! be careful! ;p
Ken,
If you like to learn about charting, this is a great site . Free and Murphy is very famous here in the US among chartist.
http://stockcharts.com/
This is a free chart school :
http://stockcharts.com/school/doku.php?id=chart_school
A stock is good to buy or not depend on 2 factors :
1. Its fundamental (management, their financial standing, how it fairs on the sectors etc).
2. Its technical (it is on its high or low).
If you know these 2, it is easier to consistently find a winning stock.
Thanks 1000x for the link!
I’m finally have a interest in gold investment and stock options. I’ve also heard about the theory of “fish tail”.
the picture of the chart represent the fish tail. and will goind down soon. There is a small wave and a fish tail there.
Well, I’m not sure about it. Just heard it somewhere.
It is ok ken, don’t worry about it. We all learn, I will send you some links on some cool tools on investment I have ok :).
Jamy, do you have any tips on which Mutual Fund that deals in Gold that are good for long term investment?
Sure Hooi Imm,
I will get a post on about gold mutual funds in a couple of days. So stay tuned !