FREE GIFT : Suggest a new URL for this blog !

I have been writting this blog for a few months now.  I think this blog has enough content in it to deserve a URL at its own.  So whoever read this please suggest a URL name by leaving a comment.  If I pick your URL I will be sending you a book "Top Money Tips for zzzzn" for FREE if your receiving address is in zzzz, else I will be sharing some of the great ebooks I have with you.  If...

Red Indian Winter Stock Market

It was autumn, and the Red Indians asked their new Chief if the winterwas going to be cold or mild. Since he is young and being a Red Indian chief in a modern society, he couldn't tell what the weather was going to be.Nevertheless, to be on the safe side, he replied to his Tribe that the yes winter was indeed going to be cold and that the members of the villageshould collect...

Book : Top Money Tips for zzzzns by kclau.com

I am one of the lucky ones who started finance planning even when I was a teenager.  Ofcourse when I put my money into mutual funds at that time, I didn't really know what I was doing.  However, starting early does give me a strong advantage 10-20 years down the road.  I was able to choose the jobs that suits my long term plan;  I was able to change job duties within a multi national...

western 2009 prediction

Some predictions are made in this link, summary as follow1. Yahoo! will trade higher in 2009 2. Sirius XM won't file for bankruptcy Losing 95% of its price this year, writer think it will still go on.3. Tech will lead the market recovery writer thinks Apple and Google will make a big Come Back.4. Chinese stocks will outperform stateside equities writer recommends NASDQA:BIDU a...

Danger of Technical Analysis

If you know charts, then you probably should know there is a X and Y axis.In technical charting, X axis is usually Time.  The Time can be month, week, day or even minutes.Understanding the reasons behind technical chart is tough, but using it is very simple.For example, chart below has 3 graphs in it.1.  the top graph show the price info, its called candle stick ( don't worry, will be shared...

Technical Analysis vs Fundamentals

I have shared some methods to invest before ...When to Buy at What PriceWhy use EPS and PE ?...Those are within the category of fundamental analysis.  Basically you are trying to understand what a business is doing and how it 'may' perform in future.  Fundamentalist is trying to differentiate the big and important factors from the smaller factors or rumors ...Sometimes even though the fundamental...

Wiki : Usury

Usury (pronounced /ˈjuːʒəri/, comes from the Medieval Latin usuria, "interest" or "excessive interest", from the Latin usura "interest") originally meant the charging of interest onloans. This would have included charging a fee for the use of money, such as at a bureau de change. After countries legislated to limit the rate of interest on loans, usury came...

Fund Managers Are Lousy !

I attended one pursuing session urging us to take their classes on technical stock assesment.  Half way through the following conversation took place :speaker : You know who uses our services ? ( Technical Chart )( pause a bit, no one answer, then speaker continue )speaker : Profesionals ! ... You know who are the pros ?( then he continued )speaker : Fund Managers !student : but .... its hard...

emphasize on Automated Saving again

Some of you who has been reading my blog may have seen this picture below many times. Basically this diagram is almost all about what I preach about in personal finance.The first thing to do is not to buy insurance nor any investment plans.  The first thing to do is to transfer money from your income into a "Money earn Money" (MeM) acount.It should have a few unique qualifying features:1.  It...

Another version of Money Crisis theory

OMG, after I posted up how Money Turns Evil ( Part 1 Part 2Part 3 ) , more and more people mentioned it too.  Below video is another version of it - speaking in Chinese.Famous Successful Business man talk about Finance Crisis using his own theories. The way he talks may be a bit bore but he actually suggested how to solve today's crisis !!by having a modern day barter system !! One of the post I drafted but haven't...

Money As Debt Video

I have told a long story how Money Turns Evil in the past.  ( Part 1 Part 2 Part 3 )  The last part was actually more like a basic tutorial to forex trading as a matter of fact.Anyway, I read from Meshio blog about an interesting video - Money As Debt.  The story line may have some similarity to my story but this video is 10 times better !!A 47-minute animated short by Paul Grignon (via BB) explaining...

Book : Get Your FIRST car FREE !!

I mentioned before the biggest personal finance challenge in zzzz is to buy car due to its rediculous high taxation (read this old blog here).However recently I received a book from my sifu's sifu titled "TOP Money TIPS for zzzzns".( read how happy I was in my personal blog here )Written by KC Lau, one of the pioneers in zzzz Personal Finance Blogging world !!... guess what !This books shows you HOW...

Different types of Incomes

One of the famous income categorization is the one by Rich Dad, Poor Dad: E is when you get paid when you do your job, usually within a fix amount of time or a pre-determined achievement list.  The good thing is your income is relatively consistent.  If you are the 9-5 type worker, even if you go to work and surf the net the whole day, you still get paid that day !!S is when you think you...