1view 2009 04 01

Yesterday market was brought up by China but the global up trend ended when it reached USA. So today KLSE is most likely to open high close low.However, there is a 30% chance KLSE can have a break from global trend today and trend higher anyh...

The most long lasting business model

If not mistaken, it was 2,300 BC and 4,500 years ago (no, not a mistake, these are the actual years).   Once upon a time ...Caby  is a smart man, he understands human nature very well and decide to make a fortune out of it.  Today he is only focusing on the 'greed' part.He collects $1 from every man he meets and promise to pay half of them $2.  At first, people have doubts and only a handful people join.  But when half of...

World Major Stock Markets Open Time

There are a few stock markets in the world consider as MAJOR because their market value is more than USD 1,000 billions.  Its could be useful to understand which of these major markets open first and see how they affect each other.Earth turns from west to east so we see sky moving from east to west.  By world definition, earth day starts from GMT +/- 12 which is somewhere near Hawaii.  Moving...

Book Review : Top Money Tips - by KC Lau

One of the biggest achievements of this blog is to receive an invitation from KC Lau to review his book released late last year. The sense of being noticed is quite ... rewarding indeed.I highlighted before the most interesting point in the book is How To Get Your First Car For FREE ! Most people like it a lot but soon there are also a few other not so positive comments about this particular tip. Which is rather important actually because it brings...

Risk revisit

The toughest concept for this blog to get across is the preception of Risk.This blog preaches that "High Return High Risk" is NOT the entire truth but comes with a twisted myth.  Basically that statement only apply to those who don't know much.  The more you know, the less risk it is.  The correct way of intrepreting Risk will affect another general miss-conception - diversitifaction - "Don't Put your egg in ONE basket".  Putting...

zzzz drags down the whole world

last 36 hours of world stock market movement attracted my interest.As of yesterday all markets have been been going up for about a week following USA's tiny bull moment.  Japan was still going up and strong yesterday.  Then zzzz market ( the next market opened after Japan) openned and dipped south.  Followed closely by Jakarta, India and then London, following the sequence of market...

One View on World Market

I have always wanted a simple one eye view of world market index before and after zzzz market open. But couldn't really see something simple enough so I built one ... its still in process, you may view it at stock.malpf.comWhere do you get your world index info...

Buy Warren Buffect for MYR 100 !

For the first time in zzzz, AmInvestment Bank Zero Strikes on Berkshire Hathaway allow investors to gain exposure to Warren Buffett’s Berkshire Hathaway Inc. Class B shares for as little as RM100 minimum investment. AmInvestment Bank Zero Strikes are a special kind of warrant listed on Bursa zzzz, and give investors an alternative to investing in shares, Exchange Traded Funds (ETF) or unit trusts.OFFER...

Medium Income Retire Successfully

Gabriel Pang is 68 years old.  He is one of my most favorite personal finance friends.  As much as I am helping with his personal finance, I learn much more from his experience.He started earning his first $100 at age 12.  That was $100 for the whole year washing cars for neighbours.  At that time he saved all his $100.  At age 16, he got a part time job earning $1,800 that...

Mutual Fund vs Stock fees

Typically equity mutual fund service fee is 5.5% and stock investment is 0.7%. Other than that, another significant difference between them is that mutual fund normally require a minimum investment of $1,000 whlie stock usually charges a minimum fee of $40.Mutual FundStocksMinimum Imposed FeeNone$40Minimum Investment Amount$1,000None( Mutual fund fee could range from 1-2% while stock investment can be as low as 0.05% but those are not really apple...

Insurance, Good or Bad ?

The most confusing financial vehicle in this blog is probably the Insurane element.Sometimes insurance was cursed here, sometimes this blog says you must have it ... Sometimes I say Don't Buy IT !   Then follow by Yea, You Should Sell Insurance ...  "what in the world is your REAL standpoint on insurace !?"First of all, "Insurance" doesn't even make it to my wealth pyramid.but then later...

George Soros - good guy or bad ?

who the hell are you to comment about me ?There are a few questions why George Soros is not in my radar in this blog.Well, because it isn't time yet.  But as usual, since you ask, I will jump the queue and talk a bit about him.There will be 2 topics in this blog that will lead to Soros.1.  The Art of investment.2.  Investment is a game for the Rich.Unlike Fundamental Assessment like...

small talk on insurance

A question came in and I thought it was quite fun so I share it out here ...Asked :may i ask why insurance and how insurance can really "sell"?Answered :everyone needs insurance, its just a matter of time when they will realize it. people who realize it earlier buy cheaper and people who realize it later buy more expensive, either way the insurance saleman earn more.ppl who never gets to realize that...

The Battle has Begun !!

Everytime recession comes is a cycle where the rich becomes richer and the poor poorer.At first some of the rich will get kicked out of the rich world and even get killed by the down cycle (as will be discussed in this article or covered in an upcoming FREE ebook, most probably in April ).  Basically those are the not-so-strong apples among the rich.Then there will also be some shuffles...

politician salary

Recent public announcement of politicians salary does not really excite me too much.  The full info is at Selangor web site.Its the way they did it.  Take a look at this ...Notice the bottom right corner there is a word "SULIT" means Confidential.  So basically they pass out some forms for people to fill up and then just scan it in and publish on their web sites.  All of their...

mini Budget 2009 ?

I am neither excited nor disappointed with recent mini budget announcement ...About the $5,000 rebate if you buy new Proton exchanging your 10 year old car, I think the  rebate should be given no matter what car you brought in !  The rules of 10 year old car is really redundant if the government sincerely want to help us.The right way to boost car sale is to remove all the unnecessary tariff !  Let it be FREE market for all cars ! ...

forex megadroid robot

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Gold Investment : supplement info 090314

It is exciting to read about Carson Ding's take on gold investment, basically he is forseeing immediate up swing soon.Since this blog's duty is to cool people's head when overheating and heat people up during down mood, so this is a post to supplement Carson Ding's article.First of all, technical analysis should NOT be the ONLY reason one decide to buy or sell.  Doing so is as good as gambling...

Maybank : Premier Capital Income True Saver

full plan details at maybank2u siteThis seems like the plan that break one of the rule of thumbs I have been sharing all alongAll kind of guarantee plan will not have interest higher than FD rateLets take a quick look on what it offersSo basically if you put in $80,000 you will get $100,000 insurance coverage.  Assuming this insurane coverage would cost you $340, then effectively this plan is...