KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
If you have not think about saving for retirement, perhaps it's time to put this question into light for a while. Have you plan your path to retirement? As life gets in the way, it's normal for most people to think of it as "I'll just work for longer rather than worry too much about saving for retirement now." It's normal and I have friends who started a family at young age...and savings become difficult when one has to meet the monthly bills and forking out money for kids....day care is not getting any cheaper and wait til the kids are going into college. The amount of money required is unbelievable but that's another story though. But the question is this: Is working longer really the solution? Well, none of us can be certain...some work, some doesn't but statistic don't lie. WORKING LONGER MAY NOT ALWAYS BE POSSIBLE The baby boomers have been trying the work-longer experiment and it often doesn't work for them. S...