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Saturday, July 7, 2012

July Sharing: Gold Intrigue



Are you noticing that lately gold is talked about quite often?

Yes, the shiny yellow metal has been gaining more attention than usual, at least for the past two years that I've noticed in Malaysia:
  • My friends sell gold bar and promote the gold dinar and coin on FaceBook.
  • Banks offer free gold wafers when you open an account and gold coins to win when you grow your balance.
  • You can open gold account easily at any bank; two years ago only 2 or 3 banks have such facility. You have option to keep your gold bullions in the bank or take them home.
  • There are also new companies dealing in gold bullions.
  • 'Cash for your gold' event held in major city hotel and advertised in major papers.
PAN sharing session this month shall present some answers to the gold intrigue. Member Monica Toh wants to spread awareness of gold bullions as a good hedge against inflation and preserver of wealth.

People place their savings mostly in the bank, property or stock market, hoping to grow their wealth. Is now a good time to diversify and put some of your savings in the precious metal too?

Monica had joined the manufacturing sector right after school. After more than 20 years there, she left to go into financial planning and unit trust investment. Two years ago she expanded into trading of gold bullion.








She said gold bullion is providing her income regardless of the market movements, and helping others to do the same has been very financially rewarding as well.











 
Other Upcoming Events

26 & 27 July: NAMWEM  has 2 complimentary seats at the 16th Malaysian Banking Summit. Themed 'Charting the Future Direction of Banking and Finance in a New Era', the event is organised by the Asian Strategy and Leadership Institute (ASLI) and held in Kuala Lumpur. Register with NAWEM Secretariat by noon, Friday the 16th, if you want to attend.


Sept 11 & 12: Join some 1,400 employers at the HRDF Conference & Exhibition 2012 this coming September. This annual event by Pembangunan Sumber Manusia Berhad (PSMB) will take place at the Sunway Pyramid Convention Centre in Kuala Lumpur.

The Human Resource Minister will give the keynote address. There will be other prominent speakers plus information-packed workshops to intensify information exchange pertaining to theoretical research and practical developments in HR development.

For details, contact NAWEM Secretariat at 03-2142 3325 or email secretariat.nawem@gmail.com
or visit www.hrdf.com.my.


Earlier Events

July 11: NAWEM is alloted 4 seats at a full day "International Population Conference on Population Ageing : Issues and Challenges" in Kuala Lumpur, held in conjunction with World Population Day 2012.

Expected attendance is about 230 representatives from government agencies, private sector, universities, international agencies as well as non-governmental organisations.

They are to discuss issues and challenges of the ageing population in Malaysia and other ASEAN countries in general. There will be Malaysian and international speakers, presenting a total of 13 papers.

Their top task is to evaluate the financial needs and family support for the older persons in view of the changing family scenario and current social economic situation.

Apart from sharing of information and experiences internationally, the conference would help programme managers and policy makers in the formulation of a more comprehensive policy for the
older persons.

The Social Security Research Centre, Faculty of Economics and Administration, University of Malaya (UM) is jointly organising the conference with the National Population and Family Development Board under the Ministry of Women, Family and Community Development.


July 5 & 6: NAWEM had 2 complimentary seats at the e-commerce workshop "Versatile Innovation in Doing Business in the Global Market” held in Kuala Lumpur. Malaysian International Chamber of Commerce and Industry organised it in collaboration with the Confederation of Asia Pacific Chambers of Commerce and Industry & Secure Online Shopping Association, Taiwan.


July 2-8: NAWEM had 2 complimentary seats at the forum and networking session held during the Economic Cooperation Development In Private Sector Between Malaysia & Iran in Kuala Lumpur. The organiser was SME Corp.

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