KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses. The S&P 500 and Nasdaq dropped 1.1 per cent and 1.9 per cent, respectively, while the Dow dipped just 0.1 per cent. Regionally, the Hang Seng decreased 1.03 per cent to 24,062.72, while STI Index fell 0.37 per cent to 5,403.50. The KOSPI Composite Index slipped 7.57 per cent to 5,554.22, and the Nikkei 225 shed 4.90 per cent to 64,425.95. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.02 points, or 0.24 per cent, to 1,623.70 from Wednesday’s close of 1,627.72. The benchmark index, which opened 2.62 points lower at 1,625.10, moved between 1,617.14 and 1,625.61 throughout the session. On the broader market, decliners outnumbered gainers 852 to 294, while 485 counters were unchanged, 1,212 untraded and 9 suspended. Turnover declined to 3.06 billion units ...
At moment of crisis, you will wonder why some survives, some fall while some others triumphs. During this economy downfall, we see how AIG nearly fall into bankruptcy due to the lack of financial planning and too much of unnecessary bonuses given.
However, it doesn't mean during economy crisis, all is lost and gone.
If one manages the money they have effectively, be it the financial situation of their company or their personal finance, there will definitely be enough for rainy season. So often we see an individual or a company suffers during economy crisis due to the lack of financial planning. Most often these people spent more than they have even during the good times.
Finance matters to all of us. And if you lack financial planning or any personal finance advisor, then I believe it is time you learn about it. Probably the first crucial step is for you to define your financial goals.
When you have a certain goals or direction, it will help you to plan everything in accordance to that direction. However, there are a lot of people who fail to define their financial goals as they fail to set their priority right.
If you indeed intend to learn more about financial planning and financial management, please leave us your comment here. We will follow up from there. It might not be long before you earn wealth that you never imagine of.
However, it doesn't mean during economy crisis, all is lost and gone.
If one manages the money they have effectively, be it the financial situation of their company or their personal finance, there will definitely be enough for rainy season. So often we see an individual or a company suffers during economy crisis due to the lack of financial planning. Most often these people spent more than they have even during the good times.
Finance matters to all of us. And if you lack financial planning or any personal finance advisor, then I believe it is time you learn about it. Probably the first crucial step is for you to define your financial goals.
When you have a certain goals or direction, it will help you to plan everything in accordance to that direction. However, there are a lot of people who fail to define their financial goals as they fail to set their priority right.
If you indeed intend to learn more about financial planning and financial management, please leave us your comment here. We will follow up from there. It might not be long before you earn wealth that you never imagine of.
couldn't agree more :) nice post ...
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