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Showing posts from April, 2011

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Market Daily Report: Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.

2011 Financial Goal

Previously by the end of 2009, I would already have the 2010 financial goals , but I did not manage to post my 2011 financial goals by the end of 2010. A lot of reasons behind, but mainly due to laziness. :p Anyway, I don't expect this year financial goals will have much different compare to the 2010 financial goals mainly because there are not much changes in my current financial status. The generic financial goals would be:- Continue tithing Clearing 10% debt Stocks portfolio to grow another 15% (why I lowered it this year is because market been going up a lot last year, so, it would be not to grow so aggressively) I am thinking to clear more loan and keep more cash in hand rather than putting more in the stocks as the direction of the stocks become more volatile. Last year besides growing about 30%, I also inject about additional 20% of my annual income to the stocks - however this year, I'm thinking of injecting maybe about 10%-15% of my annual income. Other thing that I w...