Thong Come flouts gold investment scheme | Bangkok Post: business

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Thong Come flouts gold investment scheme

Thong Come Asset Management (TC) is launching a gold-saving programme targeting new investors looking to invest using dollar-cost averaging (DCA).

Krisana Wisessintu (second from right), managing director of TC, and Chrisana Leiw (second left), executive director of CNS, pose with models at the programme’s launch yesterday.

The method involves investing a fixed amount regularly regardless of market conditions. The wisdom behind the method is the investor will achieve a better average cost than trying to time the market.

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  • boons

    United StatesPost : 664

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    Discussion 1 : 20 Feb 2013 at 18.501

    No investment manager in the world is allowed to say that a particular asset "will rise in value". But apparently is all okay in Thailand.

    And what's with their target demographic, "students, doctors, housewives". What?

    Who wrote this journalistic atrocity?

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