It doesn’t matter if we do business or work.
Financial experts around the world still support, we have to save that money for future use.
Then we save little by little for up to 10 years.
Then after 10 years, we use the money we saved to buy the things we want.
The strange thing is, if 10 years ago, we bought 1 trolley, we got a lot, but now, we buy 1 trolley, we don’t get that much.
Why? Many say, the price goes up here and there. We can’t stop time or can’t lower the price.
This happens because of INFLATION. Our purchasing power is decreasing, decreasing.
How to overcome this thing?
The whole world knows that the average price of gold will rise. So, we CHANGE the money saved at the bank, to save it in the form of gold.
Some say, at the end of the month, the salary is gone, sometimes it is not enough.
That’s why we are forced to save, unconsciously, the money to pay our commitment, CHANGE it to GOLD first, then, get the facility from our gold savings account to get 85% cash without selling the gold.
So, we get cash to pay the commitment and our gold is yours. Of course it’s his management fees, but not as much as the increase in the price of gold.
So, if within 10 years, this increase in gold, goes up by RM 100 on average, and we have a holding of 10KG of gold collected for 10 years, then on average, RM 100 x 10,000 grams = RM 1,000,000 (1 million surplus)
Is this true?
Look back 10 years ago, how much has the price of gold increased? Is there an increase of RM 100 during that period?
This gold price info is taken from the zakat.com.my website as a reference.
Compare, we buy real estate. Do you think there will be an increase of 1 million in 10 years? Do you think we can afford to provide a 10% deposit to get the property?
Not to mention the commitment we have. Have to pay that and this.
I’m not saying that buying real estate is wrong, it’s just that, do both for those who can afford it.
We already have to pay for the property every month. So, what’s wrong with us converting it to gold, then pay the monthly money, we get the gold holding, the commitment to pay the monthly home financing is also completed.
It’s been 10 years, it’s been 10 years, it’s been 10 years. Likewise, we are willing to sign a 25-year contract with the bank and we pay one to two times more to the bank than the price of the house.
If we are not willing to save any gold in that 10-year period, we have an excess of 1 million.
When do you want to start? When do you want to learn, when do you want to know?