KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran conflict, alongside Malaysia’s stronger Industrial Production Index (IPI) data. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 27.51 points, or 1.64 per cent, to 1,701.68 from yesterday’s close of 1,674.17. The benchmark index opened 10.68 points higher at 1,684.85, its lowest point today, and hit a high of 1,703.61 in the late afternoon session. Market breadth was positive, with gainers thumping losers 929 to 382. A total of 361 counters were unchanged, 982 untraded and 19 suspended. Turnover declined to 3.60 billion units worth RM3.75 billion from yesterday’s 5.52 billion units worth RM5.87 billion.
It's kind of ironic in our life that when we are young, we will wish that we are grown up but when we are grown up, we will be wishing that we are still the young and innocent guys or gals that we used to be. A lot of this was actually caused by one thing.....money. Money is the root of all evil and problems. We must not forget, we are living in the materialistic world no matter how much we would like to deny. Money, can be a great servant if we use it properly while a the same time, it can be an evil master.
So, what is money to us? Do we treat it as our master or our slave? How do we know whether we are the money master or the slave? If we are the master, surely it is the money who work for us while if we were the to be a slave to somebody, we would be sweating to please the master. There is no two way about it.
For the money case, it is very obvious that if we are the money master, we would be investing the money, so that in one way, the money will earn more money for us, while we just sitting around doing nothing. We work and earn money, and invest wisely on equities or properties or whatever investment vehicles that can generate enough ROI to hedge the inflation at least. This is call money make money. So, if the money is working for us, we are the money master.
For most people, it is the other way round. They are working day and night to earn money. Some take it to the next level where they will be cutting their expenses by skipping meals, ignoring health care etc and ended up living in depression or in bad health condition when they are old. If we are sweating all out, it means we are slaving ourselves for money.
I'm not here encourage people to invest or to spend or not to save money, but we should adopt a more neutral financial goals. There is no point earning a lot of money or having a lot of money in savings account, when we cannot really enjoy it. Be neutral....spend on what is necessary - spend smart and at the same time, invest.
So, what is money to us? Do we treat it as our master or our slave? How do we know whether we are the money master or the slave? If we are the master, surely it is the money who work for us while if we were the to be a slave to somebody, we would be sweating to please the master. There is no two way about it.
For the money case, it is very obvious that if we are the money master, we would be investing the money, so that in one way, the money will earn more money for us, while we just sitting around doing nothing. We work and earn money, and invest wisely on equities or properties or whatever investment vehicles that can generate enough ROI to hedge the inflation at least. This is call money make money. So, if the money is working for us, we are the money master.
For most people, it is the other way round. They are working day and night to earn money. Some take it to the next level where they will be cutting their expenses by skipping meals, ignoring health care etc and ended up living in depression or in bad health condition when they are old. If we are sweating all out, it means we are slaving ourselves for money.
I'm not here encourage people to invest or to spend or not to save money, but we should adopt a more neutral financial goals. There is no point earning a lot of money or having a lot of money in savings account, when we cannot really enjoy it. Be neutral....spend on what is necessary - spend smart and at the same time, invest.
Sometimes ppl focus too hard on the money until they forgot other better ways to achieve the same purpose
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