Skip to main content

Posts

Showing posts from July, 2008

Featured Post

Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day.  The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...

Are you prepared for the worse to come?

As we stare at the global economy slowdown, we should keep asking ourselves, "Are we prepared for it?" Are we confident enough to declare that we have prepare for the worse? Some might be quite relief that the crude oil price has been going down for few days but we don't know how long this will last. Even if the crude oil price remain downtrend, we cannot let our guard off. To prepare for it, one must always ensure there's sufficient fund in hand, if and only if the global economy slowdown. Even if you can keep your job, the money will come in handy especially if the stock market collapse. Can really get good deal during the market collapse. In fact, the money can be used to buy property at very low price. Usually when comodities reach historical high, cash is king. But I'm the kind of guy who believe that the market will rebound one day, which is why I will continue to accumulate the high dividend yield counter, so that I can have passive income. And again, we ar...

Jumble Station

It's been a while since I last updated the blog. Either I was too busy with my work or sometimes when I'm free, I cannot login to the blogspot. Not sure it is the S*reamyx problem or the Google problem. I can login to my gmail though. Besides that, not really have any idea on what to blog about. But anyhow, I feel like updating the blog today. My fren ask me to take a look at one of this blog . The purpose of the blog is to promote the Jumble Station - a community outreach initiative designed to raise funds to assist Single Parents in need some of whom are part of the Shelter Home Single Mothers Network. Jumble Station aims to economically empower Single Parents and the poor to be financially independent in the long run by owning or running their own small businesses eventually. The purpose I brought up the blog is not to help fund raising nor do anything to promote it. Just that I see that Jumble Station has one great vision - which is to economically empower Single Parents an...