Maybank Silver Investment Account

After writing about Maybank Silver Investment Account (MSIA) Part 1 and Part 2, I opened an  account for myself to try out what is it like.

MSIA – an account that allows you to invest in 99.9% fine silver at a daily-changed price using Ringgit Malaysia (RM). The advantage is without the hassle of storing physical silver. The return on investment depending on the silver spot price fluctuations. Transactions (buying and selling) would be recorded in a passbook.

Maybank Silver Investment Account Passbook

The procedure is fairly simple. You step in to any Maybank branch and tell the staff sitting on front table that you want to open the Maybank Silver Investment Account, you do not need to take a number and queue, you will be redirected to one of the officers.

Once the officer attend to you, you will be given a form to fill up:

Maybank Silver Investment Account Agreement

It is a long document. Most people do not bother to read it. 16 pages printed front and back. If you do want to take a look at this document, you can view it here. Here is something I found totally shocking:

11.1 The Bank shall not be under any duty and/or liability in any circumstances to appropriate set aside and/or allot any silver for the time being from time to time held by the Bank to me/us and/or any of my/our MSIA and I/we shall have no right and at no time be entitled to demand and/or request such appropriation setting aside and/or allotment
In Malay language, it is stated as following:
11.1 Pihak Bank tidak mempunyai apa-apa kewajipan dan/atau liabiliti dalam apa-apa keadaan untuk mengasingkan, memperuntukkan dan/atau memperuntukkan mana-mana perak yang pihak Bank pegang pada masa itu, dari semasa ke semasa, untuk saya/kami dan/atau mana-mana MSIA saya/kami dan saya/kami tidak berhak dan tidak layak pada bila-bila masa untuk menuntut dan/atau meminta pengasingan, peruntukan dan/atau peruntukan seumpamanya
If you do not understand what that means and want to have an explanation in layman terms, I suggest you join my Malaysia Silver Investor Membership. I explained what exactly an investor is getting into by opening the Maybank Silver Investment Account. Once you fully understand the context, it is will be your decision whether you would like to proceed.
Here are some of the basic details you might want to take note before opening a Maybank Silver Investment Account are as following:
  1. For first time opening account, you need to purchase minimum quantity of 20 gram.
  2. For first time opening account, you need to pay RM10 of Stamp Duty Fee.
  3. You need to maintain 5 gram as minimum amount in the account at all time.
  4. Minimum purchase for each transaction is 10 gram.
  5. Silver price is changed daily.
  6. You cannot buy or sell silver using Maybank2U. You must perform you transaction over the counter. All transaction is done through the passbook.
  7. The buying and selling price can be seen here. (silver price at the bottom)
  8. There is no annual fee and no transaction fee to be charged on you.
  9. You receive no interest on the silver you have purchased.
  10. Replacement of lost / spoilt passbook will cost you RM15.
Here is what I’ve shared with the members in Malaysia Silver Investor Membership
Malaysia Silver Investor Membership Updates

However, Maybank Silver Account is a very convenient method for Malaysians to start investing in silver. If you are looking for a simple and easy channel to kick start your silver investment, the account offered by Maybank this is something you should consider.

In the eBook Practical Guide For Investing Silver In Malaysia, you will DISCOVER many other options for silver investment. You will learn a complete understanding about the silver market in Malaysia and how you can make maximize your profit.

New Ringgit Old Silver

Bank Negara Malaysia has issued the third series of currency notes carry a theme named “Distinctively Malaysia” and are inspired from motifs of flora and fauna drawn from various cultures in Malaysia to “reflect the diversity and richness of Malaysia’s national identity”.

The interesting part is, the color choice of the new paper currencies is very similar to the “hell money” used by Chinese. As part of Chinese’s tradition, these “hell money” is burned to their late ancestors.

A person can spend few Ringgit to buy Millions, Billions and even Trillions worth of the “hell money” notes. The reason why few Ringgit can buy few Billions worth of “hell money” is because the “hell money” can be printed at a very low cost. So, this started to ring a question… What is the difference between the “hell money” and the paper currencies issued by Bank Negara Malaysia?

Fundamentally, both of these money are printed by machines. Both of of these money do not have real monetary value in it – it is merely a “belief”. When it comes to paper currencies, Mike Maloney accurately pointed out “we are all dreaming the same dream“, dreaming that the paper is money.


This new RM20 note is intentionally damaged by someone. If more parts of the paper currency is being damaged as such, I wonder if this piece of paper would still carry the value of RM20. Realistically, if the new paper currency of RM20 is being used for the next 10 years, that is exactly what is going to happen to the paper note.

When that happens, do you think the paper currency note is so rare that Bank Negara will need to refurbish the paper currency and re-use it? No! Bank Negara will simply print more paper currency – they have the “authority” to do it very quickly and very cheaply. Print! Print! Print! By the way, who gave Bank Negara such “authority” to create money and de-valuate all the other paper currencies in Malaysia? Some people call it creating inflation? Hmm….

Now let’s look at physical silver:

Physical silver CANNOT be “printed” by Bank Negara. In order to produce 1 oz of silver, it take a lot time, a lot of effort and it costs a lot of money. This is the form of honest money that represents a storage of value because Bank Negara cannot print physical silver and de-valuate the value.

When a paper note is damaged, Bank Negara will response with “Never mind, we will print some new ones…”; when physical silver is found after a long lost, it goes into international news. It is being dug up even when it is at the bottom of the ocean:

Example 1 – 200 Tons of Silver Found on WWII Ship

Example 2 – 17 Tonnes of Silver Found Hidden at Puri Math

Example 3 – 48 Tons of Silver Found 3 Miles Below Surface of North Atlantic


Paper currencies can be manipulated anytime. Silver is a form of precious metal that has limited supply and it has been used as form of monetary metal for thousands of years. I’m not sure about you, for me physical silver seems to be much more valuable than paper currencies.

The fact is, the Ringgit is “paper currency” while silver is “real money”. For the past 41 years, since 1971, US Dollar is totally off the gold standard, the whole world (yes, including you and me) has been brain washed to believe that paper currency is money. No! Paper currency is NOT money!

Currency has the following characteristic:

  • medium of exchange
  • a unit of account
  • portable
  • divisible
  • durable
  • fungible

Money is:

  • all the characteristic of currency
  • storage of value

If you want to convert your Ringgit (paper currency) into silver (real money), download this eBook. I would show you exact step by step how you can start investing your 1st oz of silver all the way up to buying your 1000 oz of silver. A thousand miles journey starts with a single step, I hope you will take your first step to invest in education before jumping into the field of silver investment which is full of traps.

Happy investing!


Maybank Silver Saving Account Part 2

Maybank has officially launched “Maybank Silver Investment Account” with the tagline: Invest with Maybank Silver Investment Account. The first ever offered. Discover the potential of silver and diversify your investment portfolio.


The “Maybank Silver Investment Account” has the following terms and condition:



Here is a quick analysis of “Maybank Silver Investment Account”


  1. Quick and easy way of start investing silver in Malaysia
  2. The saving passbook is backed by a reputable brand (Maybank)
  3. Low start up capital (using today’s price, RM58.60 + RM10).
  4. Low minimum top up (using today’s price, RM29.30)
  5. No liquidity problem, can sell anytime.


I have listed 5 cons in the my Lifetime Membership Site exclusively for members. If you would like to find out more about the disadvantages of “Maybank Silver Investment Account”, please join the Lifetime Membership Site

RM65 Per Oz Silver

In Malaysia silver market, actual transacted price sometimes is usually slightly below display price. For example, if an item is displayed for sales for RM105, you can probably get it for RM104 or RM103 (if you are willing to negotiate with the seller). Some sellers are willing to reduce the price and some wouldn’t. You can considered yourself being lucky if the seller is giving you a few ringgit discount.

When the market price for 1 oz silver is RM 110, at what price do you consider yourself got a good deal? Most people will say RM100 is a very good price. Anything below RM100 such as RM98 would be totally crazy!

Well in my case, it is 40% below market price. I bought my silver at RM 65. Here is the transaction statement. The company quoted me RM65.

And RM 65 is exactly how much I paid for. Nothing more nothing less.

How is this possible? The silver is bought from My Silver Accumulator. The program member is able to buy silver at such big discount because the program is rewarding members who are willing to share silver investment opportunity with others.

Silver investment is an investment opportunity of lifetime! It would be very self fish if we do not encourage others to invest in silver. My Silver Accumulator is a silver investment program very suitable for beginner and intermediate silver investor in Malaysia. By introducing them to this investment platform, the member would receive 2% discount for each oz that they purchase.

In other words, by encouraging other Malaysians to start investing in silver, we could get 2 major benefits.

  1. Helping our friends and family members get ready in for the coming financial crisis by getting started in silver investment
  2. You would receive 2% as discount (commission) whenever the member you signed up purchase 1 oz of silver.

I recommend you to find out more about this program before drawing a conclusion. You can go to Google and type in “My Silver Accumulator” and see what others are saying about the program. Alternatively, you can learn more from this website.

Listen, if you have been always looking for an simple and easy way to invest silver in Malaysia, you need to give yourself an opportunity in this program!

Click Here To Find Out More

Robert Kiyosaki Predicted Global Economy Crisis in 2016

Robert Kiyosaki Predicted Global Economy Crisis in 2016

During Robert Kiyosaki  (the author of Rich Dad Poor Dad) trip to Malaysia for National Achieve Congress in May 2012, he shared his view on world financial situation with Malaysians. He predicted global economy will break down in the next 4 years (2016).

Today, every nation in the world are heavily in debt. The last reported debt to GDP for Malaysia is 55% – which is not very healthy. U.S. and Europe are among the top for their debt level. Only China is leading the world economy by importing products from the rest of the world.

Diagram Taken From Practical Guide For Investing Silver In Malaysia

China export has increased 5% but import has 0% growth. For those countries that export to China (including Malaysia), this is not a good sign.  Malaysia has to consider what the impacts are once China stop importing from Malaysia.

Robert also said “money is no longer money. The country is lack of financial education. If you believe going to school can make you rich, you are a fool. Getting your Master, Phd will not make you rich, it can only let you survive. So, we have to prepare for our financial future in the coming years. The question is, have you prepared?

In the eBook Practical Guide For Investing Silver In Malaysia, the eBook teaches how medium class individuals can prepare and protect themselves from the coming financial crisis using silver.

In fact, it provides complete guidance for Malaysians to invest silver. This book provides practical guides on the tips and tricks for silver investment in Malaysia. Anyone who is interested to protect himself from the coming financial crisis predicted by Robert Kiyosaki, he needs to read this book to start silver investment in Malaysia with the most effective methods and learn the silver investment strategy outlined in this book. The eBook can be downloaded here

New eBook 2nd Edition Practical Guide For Investing Silver in Malaysia

The new eBook 2nd Edition Practical Guide For Investing Silver in Malaysia is NOW officially launched.

Most of the silver related information from the internet are NOT going to help you to be a successful silver investor in Malaysia. In fact, most of those information ONLY a big picture of why invest in silver but NEVER show you how to invest silver in Malaysia.

I have spent months and months to put together the best silver investment guide for Malaysians. Then, I spent another several  months to update the information to ensure readers will get the latest and the most practical silver investment guide in Malaysia.

The whole objective for writing this book is to give practical and down-to-ground silver investment tips and tricks in Malaysia. I hope you will like this book, download it here.

** The 1st edition was only opened for 100 people. I can’t promise this 2nd edition will be there forever. If you are interested, get it now!

My Silver Accumulator

PM Accumulator Sdn Bhd has launched My Silver Accumulator for Malaysians to start saving and investing silver. This program is very suitable for average Malaysians who does not know much about silver investment to start investing. The program offers a safe, secured and convenient platform for the members to manage their silver investment portfolio.

In short, the My Silver Accumulator program can be summarized as a silver investment program where members consistently buy silver every month to achieve cost average. The purpose of implementing cost average is to protect investors from major price fluctuation and the investors would always get the average price within a period of time.

When a Member A (old member) gets another Member B (new member) to join the program, Member A will be receiving 1 oz of free silver as an incentive. Have a look at the following screen:

Referring new members to join the program is not difficult. When you go through the details of the program, you will realize the tons of benefits signing up as a member.  From the above screen, you can see that I have referred 3 members within a month. Not to show off but to prove the point that getting new members to earn your 1 free oz bonus is not as hard as it seems. You can simply share the silver investment opportunity with your friends and family. Due to the fact My Silver Accumulator is such a beneficial program for average Malaysians to invest silver in Malaysia, it take very little effort for you to promote it. All you need to do is share with them the existence of this program. If they are interested, they will find out more about it and they will realize how beneficial the program is.

Once a person sign up as a member, he will be given a login to the website platform to manage his silver investment portfolio as following:

My Silver Accumulator

Here are some very detailed explanation from the CEO of PM Accumulator Sdn Bhd himself, have a look at the description and video. You can decide for yourself if this program is suitable for your investment appetite. Click here: My Silver Accumulator 

Alternatively, you can consider checking out their website clicking the following banner:

Hope you have enjoy an overview of My Silver Accumulator program. Until next time, good luck for your silver investment journey!

Silver Malaysia Investment Guide

Due to popular demand, I’m launching new eBook 2nd Edition of Practical Guide For: Investing Silver in Malaysia. The existing content are updated with the latest information. The eBook is also add with additional more than 40 pages of content since the 1st edition.

The eBook is expected to launch at the end of May 2012 and it will be bundled together with additional bonuses that would be very useful for silver investors in Malaysia. I will tell you what are the bonuses are in next post but I promise it wouldn’t disappoint you. Stay tuned to this blog and more information will be coming soon!

eBook Investing Silver in Malaysia

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Mengapa Perlu Melabur Silver?

 Kos Pelaburan Rendah – Memang betul. Harga silver jauh lebih rendah daripada emas. Anda tak perlu keluarkan sehingga beribu ringgit untuk membeli sejongkong silver. Malah, anda boleh gandakan keuntungan pelaburan anda berlipat kali ganda tanpa sebarang tambahan modal. Baca sehingga habis laporan ini kerana saya turut berkongsikan strategi HEBAT itu!


 Risiko Tinggi, Untung pun TINGGI! – Pergerakan Turun Naik Harga Silver adalah amat pantas. Namun begitu, silver sekarang berada di dalam trend menaik yang biasanya boleh berjalan hingga 5 – 10 tahun lagi. Target konservatif untuk harga silver adalah USD200/oz! 6x kali ganda dari harga sekarang!

Silver VS Emas VS ASB – Jika saya diberi pilihan untuk melabur dalam ketiga-tiga bidang pelaburan itu, saya gerenti, saya akan abaikan emas dan ASB. Ini kerana, peratusan kenaikan harga silver adalah 1.6X ganda daripada emas. Manakala, dividen ASB hanya 8-9% sahaja setahun. Mana nak untung macam tu!

Sumber Kurang, Permintaan Tinggi – Satu sumber sahih mengatakan, tiada stok simpanan untuk silver berbanding 1980 sebanyak 3.5 billion oz. Tetapi, keperluan silver dalam sektor pembuatan sentiasa mendapat sambutan. Sekiranya hal ini berlaku, ini bermaksud permintaan dalam bentuk pelaburan DAN industri ke atas silver akan memuncak. Sekaligus harga silver akan naik berkali-kali ganda.

Source: Silver Lot Shop

MySmartGold – Prime Silver Bar 500 gram

MySmartGold has recently added a new product which is a 500 gram silver bar known as Prime. This silver bar does NOT come with certificate like PAMP SUISSE (1 kilo) silver bar and Oneasia Gold Mint (500 gram) silver bar.

500 gram silver bar is suitable for silver investor who wish to stack large amount of silver using lesser space. 500 gram of silver is equivalent to 16 troy oz of silver. In other words, some investors might choose to buy 16 individual 1oz bar for liquidity purpose while some investor who wishes to save space would choose such 500 gram silver bar.

This group of investor should be fairly confident with their cash flow that they do not need to sell off their 500 gram silver bar urgently in the near future. 500 gram silver generally has lower liquidity compare to smaller size investment grade silver bar (or round) such as 1oz. If a silver investor wishes to sell of the 500 gram bar, it might take a little longer compare to a 1oz silver bar.

Of course, one can argue that there is always a buy back policy. In the previous post, I posted this image:

What investor needs to be aware in buy back is the spread. There is always a spread being involved in buy back. Regardless how big or how small the spread is, spread is always equal to a cut in profit. Before executing your option for asking the vendor to buy back your silver, you might want to consider selling it yourself to minimize the lost in spread.

As always, the concern with selling silver yourself is the hassle and waiting period. So, you will need to analyze your financial situation and storage before deciding what size of bar to invest in.