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Showing posts from May, 2008

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Market Daily Report: Bursa Malaysia Ends Lower On Profit-taking, Earthquake In Myanmar Shakes Investor Sentiment

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 1.44 per cent or 22.08 points to 1,513.65, its intraday low, from Thursday’s close of 1,535.73. The benchmark index opened 4.16 points lower at 1,531.57 and hit an intraday high of 1,533.52 during the midday session.  On the broader market, decliners outpaced gainers 563 to 395, while 408 counters were unchanged, 1,106 untraded, and 133 suspended.   Turnover slipped to 2.25 billion units valued at RM2.13 billion from 2.52 billion units worth RM2.41 billion on Thursday. 

Goals and plans

I have been reading my brother's blog lately and allowing him to do most of the editing and updating. This is because I believe that he is more knowledgeable in this expect. and truthfully he has been doing a great job in maintaining the quality of this blog. Today I am going to talk about the goals and plans that one must have in order to achieve success in this life. I've just watched the movie "Pursuit of HappyNess" that star Will Smith. A movie inspired by true story...about this man, Chris Gardner. He was struggling in his battle to work for a prestigious stock brokerage firm as intern. Although he has to go through six months without salaries, his perseverance and determination reap a great results. Today he is one of the millionaires and open his own brokerage firm, Gardner Rich & Co. As I watched the struggles he had to go through, one thing I realized was that he never gave up hope and keep doing his best with whatever that he could to achieve his aim. I...

Money Master

I've renamed this blog to MoneyMaster, if you all hadn't notice. This blog used to be "a friend to money", well even if you do a Google search with "a friend to money", you will eventually find this blog in the search results. Not sure after I renamed it to MoneyMaster, we can still search it in Google. Anyway, some might be wondering why I've changed it to MoneyMaster. Well, it did occurs to me that if we wanted to earn more money, we have to let the money works for us. When we reach to a certain point where our money is generating enough income for us to survive without having financial worries, then we have become the MoneyMaster :), like what I've always tell others, it is better for us to become our own BOSS, so that we do not have to tolerate our superior. I noticed that most young adults aged 22-30 are quite immature in a way or another. Most of the young adults nowadays are really aiming high, but there is a problem. Most of us don't real...

Restructuring

Phew......finally getting the permission to post using my own profile. Was doing the 'restructuring' work on the blogs with my brother for weeks and finally we figure out it will be better for us to post the blog using our own profile. Before this I was posting using my younger brother's profile as he was the one to encourage me to blog. I am glad because I can share my 2 cents opinion on money matters with others across the Net. But while doing so, I realized that restructuring is actually part of our life and as well as a process to increase our net worth. Usually a company will restructure if there's change in leadership. Some company will restructure if the circumstances force the company to do so. Nevertheless restructuring usually means new idea, innovation, creativity, motivation etc. While 'restructuring' our blog, both my brother and me come out with more and more idea in which we would like to share with others, but we realized that we need to streamli...