Shan Saeed – Start Investing as Early as You Can

<p><a href="https://www.linkedin.com/in/shan-saeed-%E5%B0%9A%E8%90%A8%E4%BC%8A%E5%BE%B7-b3389610/" rel="noopener noreferrer" target="_blank"><strong>Shan Saeed</strong></a> is Chief Economist at Juwai IQI, a leading property, technology, and investment company operating and advising clients in Kuala Lumpur, Singapore, Hong Kong, London, Melbourne, Makati, Toronto, and Dubai.</p><p>He has 20 years of financial market experience in private banking, risk and compliance management, commodity investments, global economy, and brand and business strategy.</p><p>Based in Kuala Lumpur, he is a financial market commentator cited in various news outlets around the world.</p><p>Shan graduated from the Booth School of Business at the University of Chicago and got his first MBA from IBA Pakistan in collaboration with the Wharton School, University of Pennsylvania. He is also trained in Alternative Banking/Strategies from Harvard Business School.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“In order to be successful in your life, you need to work hard, have an abiding faith in Almighty God, and lastly, which I strongly believe in, your mother’s blessing.”</strong></p><p class="ql-align-center">Shan Saeed</p><p>&nbsp;</p><h2><strong>Worst investment ever</strong></h2><p>Shan was always impressed by his mom’s investing acumen. She had started investing in gold from the time when Shan was a kid. When Shan finished his first MBA in 1999, his mom encouraged him to read about gold and oil. However, Shan was not interested.</p><p>At the time, Shan was focusing on his career and getting his second MBA. So he was saving money for that.</p><h3><strong>Finally getting round to investing</strong></h3><p>The price of gold had been going up steadily since 1971. In 1971 gold prices were trading at $35 per troy ounce, and in 1980 it was $850. The price went down in 2001 to $257 per ounce. But in 2011, the price hit $1,923.</p><p>Even though Shan had been keeping an eye on gold and knew how lucrative it was, he did not start investing un