MONEY MASTER

While central banks in Europe and Japan set to expand quantitative-easing (QE) policy, it appears that the "magic" that QE once has is no longer working. The idea that QE could be used to stimulate slowing economies could really just be a myth now. We have all seen how the US Federal Reserve has managed to persevere through the period of QE and Abenomics come after that...but the likelihood for us to see the QE magic work with both the central banks in Europe and Japan is low...things have changed. An article written by Mark Gilbert on Bloomberg: The Quantitative Easing Experiment is Failing  talks about the few areas that QE may have failed. Inflation hasn't been at the European Central Bank's (ECB) 2 percent target since the start of 2013; it's been half that or less for the past two years.  And here is what Mark said, "So I sympathize when ECB President Mario Draghi says he'll expand the use of non-conventional measures to avert th...

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...

Recently the stock market has not been doing very well, whether it is in the local market or in the region or in US or Europe. For today, the FBMI KLCI ended lower for the second day in a row as weak foreign sentiment weighed down the market. It lost 9.22 points or 0.5% to end at 1824.32 as stocks such as IHH Healthcare Bhd and SapuraKencana Petroleum Berhad declined.  FBMKLCI Index I guess it's natural for people to panic when they see such a drop, especially if you are buying on news and projects that you heard of. When you look at the world market, you are probably even more afraid. Below are the indexes of the world market from Bloomberg. ASIA AMERICAS EUROPE Red signs are not what investors would wanna see. But there is one thing that is bigger than the trend, bigger than the volatility of the market...and according to Warren Buffett, it's the business. Warren Buffett in an interview with CNN The man known as America's ...