Wealth Building, Retire Early, Personel Money, Financial Planning, Saving Tips
Earning money is never an easy task. You contribute your energy and time to earn money. That is why we called that “hard earn money”. However, you still can see some of your friends do investment on things that depreciate in value as time pass. Below are few things that fresh graduate likely to invest instead of stock market, property and precious metal.
Before you invest something, please make it clear what investor is and what trader is. Honest speaking, I get quite confuse what the exact meaning of it in the past. Many people call themselves investor but yet they are trader and vise versa.
Amanah Saham Malaysia (ASM), a unit under Permodalan Nasioal Berhad (PNB) had declared a 6.30 sen per unit dividend to it shareholders with financial year end 31 March 2010. There is improvement of 0.05 sen compare to 6.25 sen per unit in 2009. ASM actually can pay 7.30 sen to shareholders but they had retain 1.00 sen for future investing purpose. Therefore, only 6.30 sen paid to shareholders.
Gold price had increase steadily start from 1955 with only $35 until current gold price with $1100 plus. The most important thing is gold price is forecast will break $2000 level in 2010. Recently, George Soros had bought large sum of gold through his managed fund. secondly, demand from China and India is gradually increasing as their nation economy increase by near double-digit annually. Thirdly, investor start to look for hedging against green note after the subprime crisis happened in 2007.
Everything start from zero and getting one from zero is the most difficult step. However, many people manage to do it, include you too. If you are just enter the society or school leaver or fresh graduates, please take notes for it.
If you want to grow your wealth steadily in long term, you must remember this rule, protect your capital. Protect your capital means never loss the initial money they you have invested. If you invest RM5000 in turbulence stock market just as end of 2007, you must learn to protect your capital by cutting loss to prevent further losing which eat up your initial capital.
credit through askmen.com
I went for Market Chart co-organized by Maybank Investment Berhad and Bursa Malaysia in few days ago. The speaker were Richard Kang and Lee Cheng Hooi.
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