---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000854834.md"
description: "I am already in my 60s, and for most of my life, investing to me meant putting money into fixed deposits, shares and occasionally buying some physical gold. I never really understood why people were constantly watching charts and talking about leverage. Recently, my son introduced me to Gold DLCs on SGX. At first, I thought it was just another way to invest in gold. He explained that I could take a view on whether gold would rise or fall, but the leverage also meant that a relatively small movement in gold could have a much bigger impact on my position. I decided to try it with a small amount, mainly to understand how it worked. When gold moved in the direction I expected, I was pleasantly surprised by how quickly the position responded. But later, when gold moved against me, I realised that the same leverage worked both ways. I had spent decades learning how to protect my savings, and suddenly I was watching my money move much faster than I was used to. That experience changed the way I looked at trading. At this stage of my life, I don't want to take unnecessary risks simply because something offers the possibility of higher returns. I still believe there are opportunities in the market, including gold and silver, but I now understand that the most important question is not just “How much can I make?” It is also “How much can I afford to lose?” For me, that is something worth learning before putting any money into a new investment."
datetime: "2026-08-14T11:20:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000854834.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000854834.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000854834.md)
author: "[Neo Chauu](https://longbridge.com/en/profiles/12429738.md)"
generator: "portal-rs"
---

# I am already in my 60s, and for most of my life, i…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**