KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
In life, a lot of us are aiming for more wealth, so that we can live a better and more comfortable life, as we work towards our retirement age. But there was a report, launched on Tuesday, that was commissioned by the United Nations Development Programme (UNDP): revealed that 90% and 86% of rural and urban households, respectively, had no savings, while the majority of households at 88% had zero earnings from their savings. And because of this, we feel it's important to talk more about RETIREMENT in our upcoming posts, because we believe that's the goal at the end of the day. RETIREMENT: What's your game plan? Generally, financial planners look at life in 2 phase: The 2 phases in Life In short, the game plan is simple: 1) ACCUMULATE 2) DISTRIBUTE It is interesting that while the game plan is simple, it is rarely practical in REAL LIFE, unless of course, if you come from a rather wealthy family to start with. Being someone who studied Statisti...