Tuesday, January 12, 2010

Investing Gold in A Smart Way




Recently, I just found out that Islamic countries like Indonesia has a very good system for gold investment in which it has a 1 : 5 leverage for gold investment, by using the Syariah Banking System.

In one of the Syariah Banking system, they have one service called "Gold Pawning", in which we can pawn our gold ( and I mean a Certified Gold Bar by PT. Antam Tbk, a Government - owned Gold manufacturer in Indonesia) to the bank with a very little cost. The bank could lend out 80% of the nominal value of the gold at that time with no interest rate (but pls put in mind that you still have a little pawn cost per month).

We can use this mechanism by first, buy a gold bar, and then pawn it to the Syariah Banking system, and receive 80% loan from the bank, and by using the 80% you can still invest more in gold. The good point here is that, although you only put 20% cost into the gold investment, you still receive 100% in increase of gold value. That is where the 1 : 5 leverage value coming from, meaning you just invest 20% of the gold value at that time, but you still receive the 100% in increase of gold value (or the bad news, the 100% in decrease of gold value).

This kind of investment only valid for long term investment plan, as we know that gold will increase for long term period. I personally didn't advise this type of investment plan for those speculators who only aim for short term profit.

Before any of you would go in depth for this type of investment plan, please make sure you check with your local Syariah Bank what are the pawn cost that you will be charged of. Also you have to predict gold prices to identify when is the perfect time for you to invest? The main point here is ... LEARN before you go in depth...and please bear in mind that .... PLAY THIS ON YOUR OWN RISK....

I myself have put almost a month study about gold investment before I really put my money into this .

Keep Learning ... and Take Action ....

Sunday, January 3, 2010

Starting my 2nd business : Franchise Consulting Firm

During these 2 months, we have been very busy in preparing my 2nd business : A Franchise Consulting Firm, which specialised on Franchise System.

The reasons why I choose this field are because the market for consulting is growing, as my local market need a lot of help to enter national market. Secondly, I met a good business partner who taught me a lot of things regarding consulting industry. But the most important reason is that I have chances to study other businesses, their systems, strategies and gather valuable information from my clients.

Lots of my friends and families doubt that I may succeed in this industry, but I m very optimistic that I can earn something from here.

Learning from my experience, I really encourage you people out there to start your own business, despite you have the money, or experiences. Just like those people said " Where there is a will, there is a way"

Be Creative Folks...

Until then ....