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Showing posts from November, 2013

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Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day.  The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...

10 Simple & Realistic Way to SAVE MONEY

Whether you are one of those who are struggling with monthly bills like myself or a debt-free Malaysian, here are 10 simple & realistic ways to help you SAVE MONEY.  1) GOODBYE TO YOUR TV SUBSCRIPTION We know that many of you have Astro at home, and it really help you to feel so much more convenient but maybe it's time to say goodbye to your TV subscription.  GOODBYE TO TV! Instead of making Ananda Krishnan (2nd richest in South East Asia, estimated wealth of US$11.7 billion) even richer, it is time to consider saving a little bit more for yourself. Most of the favourite tv series and movies could be watched online nowadays.And maybe, just maybe it's time to stay away from your TV and develop a healthier lifestyle at the same time. Thus, saying goodbye to your TV subscription is first on the list to start saving more money. This will help you save about RM120 to RM200 .

Group or Bulk Purchase of Property?

We all know the importance of owning properties and how the Malaysian government tried to set certain rules and regulations to prevent an overpriced of the properties in the country.  Well, here's the news for those of you who do not know....the new trend: a growing number of individuals and groups organizing bulk purchases of properties from developers. Bulk buying is basically an activity that allows few or many property investors to invest in a single development as a group. Most of the time when in bulk purchase, there will be additional benefits that won't be available should these individuals invest individually.  GROUP PURCHASE OF PROPERTY Whether it's a good strategy or not, it's up to your preference but here are some of the pros and cons in group purchase of property... The Pros: Normally, when you buy in bulk, you will be given discounts and additional benefits...a simple logic deduction: A lot of developers love and encourage group ...