20 years ago, woman bought gold bangle for RM2k, now sold for RM18k
A WOMAN in Gua Musang did not expect that the gold bangle she bought 20 years ago for about RM2,000 would now yield a handsome return when she successfully sold it for almost RM18,000. Hasnah Deraman, 54, said that the decision to purchase gold was m...
In 2006, 54-year-old Hasnah Deraman from Gua Musang purchased a 35-gram gold bangle for approximately RM2,000, viewing it as a means of long-term savings and to prevent overspending. The woman expected the value of gold to increase over time, and she was surprised to learn that when she sold the bangle 20 years later, it fetched a staggering RM18,000.
The profit from the sale amounted to almost RM16,000, compared to the initial purchase price. Hasnah remarked that the increasing value of gold provided a significant return on investment. She attributed this success to the fact that gold's worth can appreciate over an extended period.
Hasnah shared her experience to encourage others, particularly women, to consider buying gold as an investment option for future use, even if they start with a modest amount. She emphasized that starting with what one has and committing to long-term savings rather than hoarding cash could be beneficial in times of emergency or financial difficulty.
Written by urgent.news from The Vibes's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
