Public Bank offers gold investment account

Tuesday April 22, 2008

Datuk Seri Tay Ah Lek

KUALA LUMPUR: Public Bank Bhd has launched a new investment product, Gold Investment Account, that allows customers to purchase the purest available gold commodity in 99.99% fineness at daily prices in ringgit per gram.

Managing director Datuk Seri Tay Ah Lek said in a statement the launch of the product was in line with the recent rise in gold demand and to provide an alternative investment product for customers who wished to earn potentially higher returns.

“The account provides customers with the convenience of investing in gold without the hassle of keeping physical gold, as trading is carried out through a passbook,” he said.

Tay said the initial gold purchase quantity to open an account was 20g and subsequent minimum trading would be 5g and in multiples of 1g.

He said the account would not pay interest and the bank would keep the gold with an authorised custodian bank.

Tay said the bank would make available the physical gold in denominations of 100g, 500g and 1,000g should the customer required physical withdrawal of gold.

“A minimum 2g of gold are to be maintained by the customer to ensure the account remains active,” he said. – Bernama

PBBANK : [Stock Watch] [News]

Source from http://biz.thestar.com.my/news/story.asp?file=/2008/4/22/business/21020597&sec=business

Investment Guide: Gold

An easy guide to investing in gold

Why gold?

Whether as a stepping stone into the physical market, or as a move to diversify your investment portfolio, gold offers strong benefits to an investor.

1. Gold offers secure value and is easy to invest.

   Historically, the value of national currencies may rise and fall but the value of gold remains remarkably stable. Gold fulfils the function of money and is accepted worldwide as a form of payment. You don't need a huge sum of gold to begin investing gold bullion coins, for example, can be purchased from weights as low as a quarter troy ounce.

2. Gold is the most liquid asset.

   Gold can be readily bought or sold 24-hours a day in one or more markets around the world. This cannot be said of most investments, including stocks of the world's largest corporations. In addition, the trading spreads on bullion are generally narrower than the spreads on stocks and bonds (which are considered liquid assets).

3. Gold diversifies your portfolio.

   Gold's low-to-negative correlation with stocks and bonds makes it an excellent portfolio diversifier. In fact, many financial advisers recommend keeping 5% to 10% of your total assets in gold. With gold, you can help offset market fluctuations and reduce volatility.

View today's gold rates >

Source from http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?channelId=INV-Investment&chCatId=/mbb/Personal/INV-Investment&cntTypeId=0&cntKey=INV08.04

60 lose RM25mil in gold investment scam

Wednesday February 10, 2010

By TAN SIN CHOW

sctan@thestar.com.my

GEORGE TOWN: At least 60 people from Penang have lost more than RM25mil in a gold investment scam which is said to be operated by a Kuala Lumpur-based company.

Police believe that the amount of money and the number of victims are just the tip of the iceberg as there could be many cases which have gone unreported.

State Commercial Crime Investi gations Department chief Asst Comm Roslee Chik said 30 reports involving 60 victims were received this year. All the incidents took place last year.

He said the Bukit Aman police headquarters had since taken over the investigation as the duped investors are from all over the country, including Kuala Lumpur and Selangor.

He added that the victims only realised that they were taken for a ride in the fourth month of investment.

“This is when the syndicate would give them two options – either to renew the contract or to pull out from the scheme.

“It would be the end of the road for investors then. For either options, syndicate members would tell you they need to re-weigh and re-assess the genuineness of the gold bars which was given to the investors.

“The syndicate will claim they need seven days to check the gold bars. But during the period, they will abscond with the gold,” ACP Roslee said at a press conference at the state police contingent headquarters yesterday.

Source from http://thestar.com.my/news/story.asp?file=/2010/2/10/nation/5644965&sec=nation

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Source from http://www.clickbankguide.com/searchfeast.htm

Renungan bersama Kisah Sepohon Epal

Kisah pohon epal..
“Suatu masa dahulu, terdapat sebatang pohon epal yang amat besar. Seorang kanak-kanak lelaki begitu gemar bermain-main di sekitar pohon epal ini setiap hari.Dia memanjat pohon tersebut, memetik serta memakan epal sepuas-puas hatinya, dan adakalanya dia beristirahat lalu terlelap di perdu pohon epal tersebut. Anak lelaki tersebut begitu menyayangi tempat permainannya. Pohon epal itu juga menyukai anak tersebut.
Masa berlalu…
Anak lelaki itu sudah besar dan menjadi seorang remaja. Dia tidak lagi menghabiskan masanya setiap hari bermain di sekitar pohon epal tersebut. Namun begitu, suatu hari dia datang kepada pohon apel tersebut dengan wajah yang sedih. “Marilah bermain-mainlah di sekitarku,” ajak pohon epal itu.” Aku bukan lagi kanak-kanak, aku tidak lagi gemar bermain dengan engkau,” jawab remaja itu.” Aku mahukan permainan. Aku perlukan wang untuk membelinya,” tambah remaja itu dengan nada yang sedih.Lalu pohon apel itu berkata, ”
Kalau begitu, petiklah epal-epal yang ada padaku. Juallah untuk mendapatkan wang. Dengan itu, kau dapat membeli permainan yang kauinginkan.”
Remaja itu dengan gembiranya memetik semua epal dipohon itu dan pergi dari situ. Dia tidak kembali lagiselepas itu. Pohon epal itu merasa sedih. Masa berlalu…Suatu hari, remaja itu kembali. Dia semakin dewasa.
Pohon epal itu merasa gembira.”Marilah bermain-mainlah di sekitarku,” ajak pohon epal itu.”Aku tiada waktu untuk bermain. Aku terpaksa bekerja untuk mendapatkan wang. Aku ingin membina rumah sebagai tempat perlindungan untuk keluargaku. Bolehkah kau menolongku?” Tanya anak itu.”

Maafkan aku. Aku tidak mempunyai rumah. Tetapi kau boleh memotong dahan-dahanku yang besar ini dan kau buatlah rumah daripadanya.” Pohon epal itu memberikan cadangan.Lalu, remaja yang semakin dewasa itu memotong kesemua dahan pohon apel itu dan pergi dengan gembiranya. Pohon apel itu pun turut gembira tetapi kemudiannyamerasa sedih karena remaja itu tidak kembali lagiselepas itu.
Suatu hari yang panas, seorang lelaki datang menemui pohon apel itu. Dia sebenarnya adalah anak lelaki yangpernah bermain-main dengan pohon apel itu. Dia telah matang dan dewasa.”Marilah bermain-mainlah di sekitarku,” ajak pohon epal itu.” Maafkan aku, tetapi aku bukan lagi anak lelaki yangsuka bermain-main di sekitarmu. Aku sudah dewasa. Aku mempunyai cita-cita untuk belayar. Malangnya, aku tidak mempunyai boat. Bolehkah kau menolongku?” tanya lelaki itu.”
Aku tidak mempunyai boat untuk diberikan kepada kau. Tetapi kau boleh memotong batang pohon ini untukdijadikan boat. Kau akan dapat belayar dengangembira,” kata pohon apel itu.Lelaki itu merasa amat gembira dan menebang batangpohon apel itu. Dia kemudiannya pergi dari situ dengangembiranya dan tidak kembali lagi selepas itu. Namunbegitu, pada suatu hari, seorang lelaki yang semakindimamah usia, datang menuju pohon apel itu. Dia adalahanak lelaki yang pernah bermain di sekitar pohon apelitu.”
Maafkan aku. Aku tidak ada apa-apa lagi untukdiberikan kepada kau. Aku sudah memberikan buahkuuntuk kau jual, dahanku untuk kau buat rumah, batangkuuntuk kau buat boat. Aku hanya ada tunggul dengan akaryang hampir mati…” kata pohon apel itu dengan nadapilu.”
Aku tidak mahu apelmu kerana aku sudah tiada bergigiuntuk memakannya, aku tidak mahu dahanmu kerana akusudah tua untuk memotongnya, aku tidak mahu batangpohonmu kerana aku berupaya untuk belayar lagi, akumerasa lelah dan ingin istirahat,” jawab lelaki tuaitu.”
Jika begitu, istirahatlah di perduku,” kata pohonapel itu.Lalu lelaki tua itu duduk beristirahat di perdu pohon epal itu dan beristirahat. Mereka berdua menangiskegembiraan.
Tersebut.
Sebenarnya, pohon epal yang dimaksudkan didalam cerita itu adalah kedua-dua ibu bapa kita. Bilakita masih muda, kita suka bermain dengan mereka.Ketika kita meningkat remaja, kita perlukan bantuanmereka untuk meneruskan hidup. Kita tinggalkan mereka,dan hanya kembali meminta pertolongan apabila kita didalam kesusahan. Namun begitu, mereka tetap menolongkita dan melakukan apa saja asalkan kita bahagia dangembira dalam hidup.Anda mungkin terfikir bahwa anak lelaki itu bersikapkejam terhadap pohon apel itu, tetapi fikirkanlah, ituhakikatnya bagaimana kebanyakan anak-anak masa kinimelayan ibu bapa mereka. Hargailah jasa ibu bapakepada kita. Jangan hanya kita menghargai merekasemasa menyambut hari ibu dan hari bapa setiap tahun.”

Sumber dari :http://blog.fendicentre.com/

Flying Around With Hovercards

Flying Around With Hovercards
Wednesday, February 03, 2010

Because many of you use twitter.com to read and write tweets, we've been spending some time focusing on ways to improve your experience on the site. Today, we're introducing a feature called Hovercards that will be a handy way to interact with the folks behind each tweet.

On any timeline, as its namesake suggests, Hovercards are cards which appear when you hover over a username or avatar. The cards display additional information about the person and allow you to interact with them while staying within the context of your page.

One way we've found these cards to be useful is to find out more about retweeted people and follow them right there. You can also see more information with an expanded view of the card.

Sending direct messages to people you follow will also be possible with Hovercards so you can interact with tweeters without having to move off the page.

Hovercards will be rolled out in stages so not all of you will be seeing them right away.
Posted by @jennadawn at 6:00 PM

Source: http://blog.twitter.com/