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Showing posts from April, 2011

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Market Daily Report: Bursa Malaysia's Key Index Ends Slightly Higher On Bargain Hunting

KUALA LUMPUR, Oct 20 (Bernama) -- Bursa Malaysia’s benchmark index edged higher at the close as bargain hunting emerged following Monday’s sharp sell-off, although it narrowly failed to reclaim the 1,600 level, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.83 points, or 0.24 per cent, to 1,599.58 from Monday’s close of 1,595.75. The index opened 3.18 points lower at 1,592.57, marking its intraday low, and reached an intraday high of 1,602.83 in early trading. On the broader market, decliners outnumbered gainers 751 to 331, while 499 counters were unchanged, 1,259 untraded and 10 suspended. Turnover rose to 2.86 billion units worth RM2.42 billion against Monday’s 2.49 billion units worth RM2.38 billion.  

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...