CIMB Bank Gold Deposit Account

Running up a new campaign definitely putting my head into big mess.Yeah and now I’m GREATLY involved with a new project known as Gold Deposit Account.I was doing fine with my old project well can say I was one of the top performer and all of sudden changing into a new project was kinda tough.Ergh..Gold??Investment?? for god sake I had no idea what was all that about but since I’m in a banking field then I had no choice and force myself to get use to the terms..

Well,I did some research about Gold Investment..Let me share about CIMB Gold Deposit Account

Gold Investment

Why Is Gold Investment Better??

-It has stable increasement over the year.

-good hedge against inflation

-Gold price is not really affected by the world’s economic

-It involves a very simple technique*read further*

How Good Is Gold Investment Account compares to other accounts?

1)SAVINGS ACCOUNT-lets say you deposit in rm 1500 in your CIMB savings accounts,maximum interest rate given is 0.35% perannum which means in one month,your profit is rm1.45 only!!

2)CURRENT ACCOUNT-most of the current account available is not interest bearing,except for Islamic and Prime plan current account with each 0.85% and 1.45% maximum interest given.Example: lets say you deposit in rm 1500 into your Islamic current account,so for 1 month you will be earning profit rm 3.54 ….

3)FIXED DEPOSIT-most of the people prefer this as the interest rate is higher.Usually maximum interest rate given for fixed deposit is 3.0%.So lets say you deposit in rm 1500,hence you will be earning profit almost rm 12.50 for 1 month…(@@)

4)GOLD DEPOSIT ACCOUNT-all you have to do is to buy gold for 10g with CIMB bank whereby for 1g the price changes daily according to the $USD rate.Lets say 1g is about rm140,so you have to purchase 10g which equals to rm1440.Than,wait till the price goes up in few months and lets say the price goes up to rm 150 for 1g.It means you can sell back 10g of the gold to CIMB bank for rm1500.

PROFIT=RM1500-RM1440=RM60 in few months…can you see the differences?

What if the GOLD PRICE goes DOWN?

-Here is the technique,when the gold price goes down,thats the BEST time for you to buy more gold and safe.Monitor the gold price everyday,once the price raise up again,don’t wait sell it off and earn you profit triple time better…

Gold price has a steady increasement and according to the statistic,in year 2003,1g of gold was about rm44 only but today’s price it’s reaching up to rm144.AWESOME,increasement by +182% in 7 years?WOAHHHH……

Not stopping there,in JANUARY 2011 the gold price was about rm 130 for 1 g and look at today’s price…

Well this is the BEST time for someone to invest in gold as the gold price is believed to increase steadily over the time.Simple concept applied here in Gold investment”BUY CHEAPER SELL HIGHER”.

WHAT SO SPECIAL WITH GOLD INVESTMENT IN CIMB BANK??

-the buying and selling rate are cheaper compare to other banks

-Giving a oppotunity to bundle up GDA and FD with FD’s interest rate is 3.8% perannum (BEST IN TOWN)

-all the transaction is done via passbook

-physical gold can be withdraw once customer have 100g in their account

-customer will be investing in 99.9% pureness gold

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