Archive for July, 2009
Wednesday, July 29th, 2009
This is suppose to be an investment blog but i really do want to share this piece of information with all of you out there. Most of the time, we are worried whenever we watch porn, we will get caught by our family members or friends.
What i am sharing here today is how to watch porn without getting caught. Or in short, catch me if you can! Sounds interesting eh?
From eHow website, there are they way how you can watch porn without getting caught :-
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Posted in Ramblings | 2 Comments »
Wednesday, July 29th, 2009
An entrance dance for a wedding that really caught my attention. It’s a wedding held in a Church in Saint Paul, Minnesota. It is something out of the box. For those looking forward for a wedding in church, maybe you can use this dance as your wedding entrance dance? Enjoy…
http://www.youtube.com/watch?v=4-94JhLEiN0
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Posted in Ramblings | No Comments »
Wednesday, July 29th, 2009
We often read about unrealized profit whenever we read any investment blogs or magazines. To be honest it is encouraging if we see our unrealized profit in our investments increase. Never be happy at all with that as unrealized profit is not we want in our investments.
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Posted in Equity Markets, Investments | 1 Comment »
Tuesday, July 28th, 2009
Oops i did it again. That’s is what EPF is doing yet again taking Malaysian hard earned money for a ride. I am sure the Valuecap saga is still fresh in most of our minds. EPF took out 5 billion to loan to Valuecap to invest in undervalued Malaysian stocks.
Now, Prokhas is rumored to get a 5 billion loan to administer two schemes under the first economic stimulus package. They are doing the now you see, now you dont act yet again!
Who the hell is Prokhas?
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Posted in Business News, Malaysia | 5 Comments »
Monday, July 27th, 2009
What a pleasant surprised when i woke up to see RCECAP is the highest traded volume. Not only that, my Metro Kajang (Metrok) is also heading north with a very high volume compared to other days.
The rise of Metrok might just be one time off but who cares as long as we are investing in a very sound company. Right? For Rcecap, i might be offloading it soon. We shall see how it goes.
Proof of my Rcecap and Metrok purchases :-
Rcecap at RM 0.565
Metrok at RM 1.04
So any of you got any Rcecap or Metrok shares in hand? Just curious.
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Posted in Equity Markets, Investments, Stock Pick | No Comments »
Sunday, July 26th, 2009
Saving money that you have earned is always in a person mind. There is no right or wrong on how much one must save. It’s adviceable to allocate 30% to 35% of your hard earned money to your savings for rainy days.
Let me share the basic tips on where you should allocate your savings to.
Have an emergency fund
This fund is used when the economy takes a dives and you loose your job unexpectedly. This fund size should at least equal six months of your current income. This will enable a person to find a job within that period of time.
Personally : My emergency fund size is roughly 8 months of my current income. Anyway, as a free lance blogger i don’t need much of an emergency fund for loosing a job but might need the emergency funds for other purposes.
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Posted in Money Saving Tips | No Comments »
Friday, July 24th, 2009
Foreign currency fixed deposit (FCFD) is one of of the many method of investment which is provided to the public. One can even place the tenure for investment as short as 1 day. Not only that, you can also use the FCFD to lock in favorable exchange rates for your foreign currency needs.
Let’s get down to business to get a further understanding on foreign currency fixed deposit.
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Posted in Fixed Deposits, Investments | No Comments »
Friday, July 17th, 2009
When i read the latest article from The Star, minister vows to wipe out ah long menace, i was saying to myself, it is another talk and no action by the minister. Of late, loan shark in Malaysia is taking the spotlight. Loan shark or better known as ah long has been creating fear to the public. Those who borrow money from ah long, but couldn’t return is being tortured and even caged in toilets for weeks.
Many has been shouting and screaming their lungs out for the enforcers to take initiative to go after this ah long. Action will be taken but ah long business in Malaysia will never diminish.
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Posted in Malaysia, Ramblings | 4 Comments »
Friday, July 17th, 2009
Our government seems to be quite generous of late. Permodalan National Bhd (PNB) will offer the remaining 1.6 billion Amanah Saham Malaysia (ASM) units for Malaysians. Those interested can start subscribing to ASM beginning from July 21st 2009.
Will there be limit?
All account holders will be entitled to 20000 units maximum from 21-27 July 2009. The limit will be void after the offer period.
Worrying fact about ASM
Latest ASM report states that 296 individuals is holding a massive 264 million units. Average of 893068 units per person. I am wondering how did they get hold of so many units?
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Posted in Amanah Saham, Investments | 2 Comments »
Thursday, July 16th, 2009
Pleasant surprise to those unit trust lovers. Prime Minister, Datuk Seri Najib has agreed to Permodalan Nasional Bhd (PNB) to establish a new unit trust fund, Amanah Saham 1Malaysia (AS1M).
The size of the fund will be at RM 10 billion and it is open to all Malaysians aged 18 and above. This fund is launch in celebrating our PM’s 100 days in office.
A good way to start
For those looking for higher returns compared to fixed deposit, Amanah Saham 1Malaysia might just be the right tonic for you to diversify on your investment portfolio.
Will i invest?
It has been a long time since i put any money into any PNB products. Maybe because at the moment the returns given by them are not attractive enough to me. Greedy…
Term of investment
Usually PNB products are mainly catered for medium to long term investors with an average of 5% to 10% return per annum. Mind you, it’s not guaranteed.
Get your alarm clock and cheque books ready as i am pretty sure the queue will be long for this new fund. You wouldn’t want to miss on this golden opportunity to invest on something which is better then our current FD rate.
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Posted in Amanah Saham, Investments | 8 Comments »
Thursday, July 9th, 2009
Once again, our Education ministers did another flip flop on their education policies. Teaching maths and science is going to be revert back to Bahasa Malaysia. The main reason for the change is because they didn’t achieve their objective. Maths and science started using English in year 2003.
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Posted in Malaysia, Ramblings | 1 Comment »
Friday, July 3rd, 2009
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Posted in Malaysia, Ramblings | No Comments »
Thursday, July 2nd, 2009
Foreigners are running away from Malaysia. They don’t seem interested to put their money in Malaysia. A drop of more then 90% of direct investment so far this year from January to May 2009.
In 2008, Malaysia had a RM 46 billion foreign direct investment while this 5 months only a mere RM 4.2 billion seen. This is a worrying figure as this shows how strong and capable our economy in facing the global financial problems.
I guess this figures are really sending the shivers down our PM’s (Najib) neck. Najib was “kind” in revoking the 30% equity requirement for bumiputras in public listed companies. Now we know why he has to do that.
To be honest, i think this bold step should have been taken 20 years ago during Mahatir’s time as PM and not only now. Malaysia is taking those foreign investors for a ride. It is just like when the time is good, you forget about us (foreign investors) and now when you are in deep shit, you expect us to come and support you?
If you like my kampung style investment blog, please subscribe to our full feed RSS. You can also subscribe by Email to receive all latest investment updates. Don’t miss out!
Posted in Business Talk, Malaysia | No Comments »
Wednesday, July 1st, 2009
AIG stock tumbles almost 20 percent ater a 1 for 20 reverse stock split by AIG. It really send negative waves as investors threw their AIG shares causing AIG to go down $4.53 or 19.5%. So brother Loke are you worried?
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Posted in Equity Markets, Investments | 4 Comments »
