In November, when KLCI reached 1500 level, I had 9 stocks in my portfolio. It breached my rule in stock market which limit myself to own 5 stocks maximum in a time. I felt I invest like a fund manager which own 20-30 stocks in a time!
Secret To Success
I had encounter this video clip on my facebook. Find it quite interesting and able to motivate anyone that intend to improve or people who is on their downside in life. Below are the video clip of The Secret first 20 minutes. It is just part of the video.
KLCI 1500 Is It Too High?
Most investors said KLCI above 1500 is already high in stock market. However, yesterday KLCI closed at 1511.74. What to say? I have no idea until which level can the index go. However, there are 2 scenes that you can see when the market is too high and is the time to retreat. I quote the part of the article i read from the Star by Ooi Kok Hwa
Reduce Maximum Loan-To-Ratio to 70% For Residential Property
Bank Negara Malaysia (BNM) announced to implement 70% Loan-To-Ratio for residential property yesterday. However, it is limited to third residential property only. For the first and second residential property, buyer still beneficial from government policy announced in Budget 2011.
PTPTN 1% Interest
PTPTN finally take action to reduce the interest rate to 1% from 3% previously. This free gift definitely cannot be done automatically unless you are new student that just enroll in 2010. Start from 2009 and backward, you need to update your profile first before you can entitle to 1% interest rate. Update your information
Amanah Saham 1Malaysia (AS1M) Declared 6.38 Sen Dividend
Amanah Saham 1Malaysia or AS1M had declare 6.38 Sen dividend for the financial year ending 30 September 2010. AS1M offered 10 billion units for subscription and started on July 2009.
Buy Silver In Malaysia
In 2009 I had wrote a post regarding why invest in silver. Back to 2009, I still cannot find a better way to buy silver in Malaysia. Although you can buy silver from some unfamiliar seller from internet, but we face problem of selling the silver back if want to.
