KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.97 points, or 0.36 per cent, to 1,677.64 from Wednesday's close of 1,683.61. The benchmark index opened 2.62 points lower at 1,680.99, and moved between 1,676.18 and 1,683.80 throughout the session. However, market breadth was slightly positive, with gainers leading losers 533 to 504, while 547 counters were unchanged, 1,112 untraded, and 12 suspended. Turnover slipped to 2.64 billion units valued at RM2.19 billion from 2.96 billion units valued at RM2.18 billion on Wednesday.
1M by 28 , is it possible? After doing some thinking for days, I come to this 1M figure. Some might be asking "Why not 100K?" , or "Why not 1B?", or "Why not other figure?". Well 100K will be quite easy to achieve, while 1B will be too difficult and I was too lazy to come out with other figures. To be honest, 1M is not easy nor difficult. This is because as a salary drawing person , our net worth will not grow exponentially . In order to have our net worth growing exponentially, we will have to invest. My plan of course is to invest a big chunk of my money to stocks, so that I can earn from dividend, and also from the price appreciation. Money working for us definitely easier than we work for money. I'm 25 this year and so it means I have 3 years to achieve this and 3 years equivalent to 36 months or 156 weeks or 26280 hours. It also means that for each hour I need to earn at least RM39 to achieve this goal. Too bad I do not have much capital in hand...