Archive for March, 2009
Sunday, March 29th, 2009
Everybody loves the bull market but not the bear stock market. During bear market, the stock market will look stale as activities will be much limited.
There are many common mistakes that investors tend to do during a bear market. So avoid those mistakes if you don’t want to be pawn by the bear like the picture above.
1. Do not be Greedy
It is hard to make money during bear market. Do not be greedy by hoping for higher returns. Be contented.
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Posted in Equity Markets, Investments | 5 Comments »
Thursday, March 26th, 2009
Today i invested on 1000 shares of Tenaga (5347) at the price of RM 6.00 We shall see how this baby perform this few days as Tenaga is a Government Linked Company (GLC) + Blue Chip Stock.
During bear market, blue chip stocks should be our priority. I am not playing contra for this stock unless it goes up in this few days.
If Tenaga goes against me, i will keep this share under my pillow. Who knows my pillow feathers will turn into gold?
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Posted in Equity Markets, Investments | 5 Comments »
Thursday, March 26th, 2009
We have to admit that Malaysia is heading for a recession. Just couldn’t understand why some our national leaders still defy the fact of it.
Anyway, has the recession made you stop spending unnecessarily?
As for me, my spending habits have been the same all this while. Recession or not, i don’t really spend on stuff that i don’t need. Not being stingy but that’s me.
Take my friend as an example, where he bought a new Bonia shoes worth a whooping RM 500! His shoe condition is still better then my shoe is but he still went ahead buying an expensive new pair of shoe after getting his pay. Not only that, he spend another RM 200 on a belt itself.
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Posted in Malaysia, Ramblings | 4 Comments »
Monday, March 23rd, 2009
I am sure many of you have heard this statements before, the rich get richer and the poor get poorer. Ever wondered how those rich continue to get richer?
From my point of view there are pratically 4 reasons why the rich continue to get richer.
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Posted in Business Talk, Ramblings | 4 Comments »
Monday, March 23rd, 2009
Standard Chartered introduced their latest Islamic All in one account called Saadiq Saver. Initially i had Standard Chartered eSaver savings account. I closed that account to open Saadiq Saver.
The Saadiq Saver is an All in one account because it provides :-
- Debit Master Card
- Cheque Book Facility
- Online Banking
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Posted in Business Talk, Malaysia, Money Saving Tips | 5 Comments »
Tuesday, March 17th, 2009
Most Malaysians must be very pissed learning that EPF will only pay a mere 4.5% dividend for it’s members despite recording its highest ever earnings of RM20bil in gross income last year, up 9.36% from the RM18.29bil recorded previously.
Meanwhile, Amanah Saham Nasional, ASN is distributing 6.5% to it’s members which is comparatively 2% higher compared to EPF.
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Posted in EPF | No Comments »
Tuesday, March 10th, 2009
At last our “beloved” finance minister bowed to the fact that Malaysia is facing recession after denying it earlier.
60 billion stimulus package will be introduced to be pump into the economy.
(more…)
Posted in Business Talk, Malaysia | 2 Comments »
