Thursday, October 1, 2009

Why GOLD??

Many yrs ago.. when im working in Bedok Central Shop & Save Supermarket after my O Levels.. my senior executive (Mr Yap, a 50+ turning to 60 Yrs old uncle) told me a story about his mum.. he said Every Yr for his mum's birthday present, he & his brothers will buy a piece of $10K Gold bar for his mum!! he said his mum will accept nothing more or nothing less!! her request is a $10K Gold Bar!!

@ 15-16 yrs old.. still very childish.. didnt find anything interesting about his mum's birthday story!! just tot tat this uncle is trying to show off his wealth to his colleagues..

10 yrs later.. after seeing & learning lotsa new things in life.. now i understand why the older batch of smart ppl wants their children to buy GOLD for them to keep!! these Grandma & Grandpa are helping their children to save up.. they may not understand anything about investments.. but they understand GOLD & LAND has got GREAT VALUES!! seeing long terms, 20 to 30 years.. the prices of GOLD, SILVER & LAND are appreciating in values.. when these grandma & grandpa leave this world.. @ least their children will not suffer from financial difficulties!! on the other hand, their children sld have used to the saving habits..

This is sth that came out of my mind this morning.. very simple logic.. but creating a hugh difference in the future!! the reason why some of the older ppl work super hard to buy LAND & GOLD & HOUSES to rent out instead of keeping their cash in banks!!

Buy GOLD or any precious Metal for your parents on their next birthday!! im sure they will be happier to receive GOLD comparing to anything else!!

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