Should I buy Gold?

By Mark Paine, Meyado, Singapore

Gold prices have fallen significantly over the past months, recent volatility has seen gold trading at around the $1400 level of late.  Having reached a 2 year low gold has surged forwards in the past days creating 12% gains in gold price.

The US mint limited sales of physical bulletin as investors rushed to buy gold.

We have long advocated gold as part of portfolio planning, but like with everything in life moderation is key.  Certainly for persons who currently hold gold and who bought at higher prices now would be a good time to average that cost down by buying in at the lower levels.

Gold has always been a difficult asset for retail investors to speculate on, but if you are going to do it, now would be the time.  Access via funds, ETF's and structured products make it easier than ever to hold bullion, but there's something fun about purchasing a bag of gold and having hold of your asset.

If you'd like to discuss how gold could fit in as part of your portfolio planning our advisers are on hand to give advice and assist purchases.

Mark Paine
Meyado

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Batam Conference 2013

We just returned from a weekend at the Turi Beach Resort in Batam.  10 of the team were invited for the weekend to help further develop our client value proposition.  With MAS introducing the FAIR recommendations we felt it prudent to spend some time offsite reviewing our business model to see how we can do a better job for our clients.

We came away with 4 key points which include, client servicing and IT, CRM, adviser education and new client support materials.

The implementation work now begins and we have a 100 day plan to achieve our objectives.

We also managed to find a little time to have some fun!

Mark Paine and the rest of the Meyado Singapore team

Mark Paine
Meyado
Singapore
www.meyado.com.sg