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Showing posts from October, 2013

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Market Daily Report: Bursa Malaysia Ends Slightly Lower Amid Cautious Sentiment On West Asia Conflict

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.80 points, or 0.16 per cent, to 1,695.50 from Thursday’s close of 1,698.30. The benchmark index opened 5.82 points higher at 1,704.12, and moved between 1,693.65 and 1,708.12 throughout the day.  However, market breadth remained positive, with gainers outnumbering losers 634 to 415, while 521 counters were unchanged, 1,077 untraded and 10 suspended. Turnover improved to 3.38 billion units worth RM2.95 billion from yesterday’s 3.20 billion units worth RM3.50 billion.   

The Consequences of Showing Off With Expensive Things, Which You Cannot Afford

I've read an interesting article on The Star not too long ago regarding what happens when you show-off with expensive things, but can't afford it and of course it makes sense that the consequences of showing off with expensive things which you cannot afford is debt; and in some of the more severe cases one might actually declared a bankrupt because of this. I am sharing the following article to raise awareness among the youngsters who are not having good sense of financial management ; but at the same time placing too much importance on appearing "rich" rather than really rich in net worth although the article applies to almost everyone.   The article is as follows:- Placing too much importance on appearing rich can affect one’s net worth. One may want to delay self-gratification in order to build a strong financial foundation I ONCE asked someone who looked like a million dollars on the outside but was totally broke, this question:“Is your self-worth destroy...

Money Can't Buy Me Love

It is so coincidence that just the other day I was chatting with a friend regarding financial management in the family and then yesterday The Star posted something similar to this - Money Can't Buy Me Love , which talks about financial management or planning in a family that should start as earlier as possible to prevent financial struggles. I found that the article is really interesting given that I agree with most of the points and the fact that there are many relationship which fall apart due to the mismanagement of the family finances. The article is as follows:- Indeed, love is a many-splendored thing. When we are passionately in love, nothing really matters in the world. But when the romance settles and financial issues start to pile up, can love be thrown out of the window? MONEY certainly can’t buy us love but it can to some extent, prevent financial struggles. I have seen many relationships fall apart due to mismanagement of family finances. Arguments about mo...