August 26th, 2010 
DianaRich people like my uncle in Singapore will probably choose gold bullion as an investment. But for less wealthy people like me, will probably choose a gold ring or bracelet. Some small items of gold that I can keep away safely at home without going to the bank. I have other forms of investment like my government bonds or also known as treasury bills with interests or coupons to collect every month and my fixed deposits. These are my small investments for my retirement. As I don’t have children, I need to work hard and save more for my golden years ahead as I cannot depend on kids to support me. Now my parents are lucky because they have the 3 of us siblings to contribute RM600 each every month for the household expenses. Hence they are able to watch Astro and eat out every night plus buy food back for lunch every day.
I guess this is common practise in Asian countries where children will have to contribute financially to the retired parents in their old age. Anyway, gold will appreciate in value in due time and I hope to make more investments in gold through my Public Bank Gold Savings Account which I can only withdraw 1 year later.
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