KLCI drop again!!!

3march 2009 the star

PETALING JAYA: The KL Composite Index (KLCI) tumbled 14.1 points, or 1.6%, to 876.6 yesterday, off its intraday low of 868.7

Losses on Bursa Malaysia were mainly led by heavyweights. Malayan Banking Bhd (Maybank) fell 14 sen to RM4.96, TM International Bhd lost 33 sen to RM2.69, Bumiputra-Commerce Holdings Bhd dropped 35 sen to RM6.55 and Public Bank Bhd declined by 30 sen to RM8.50.

4/3/2009 Public Bank was 20 sen lower at RM8.20, MISC-foreign declined 20 sen to RM8.00, UMW fell 10 sen to RM5.20 and TNB lost 10 sen to RM6.20.

PETALING JAYA: Overall loan approvals in the country fell for a fifth consecutive month in January, down 35.6% on an annualised basis to RM16.6bil.

Bank Negara data released last week showed major loan indicators registering “a moderating trend” in January.

Overall loan applications fell on an annualised basis of 21% in January to RM31.6bil, according to Bank Negara.

I am forecasting that the Banking share NAV will continue drop unless there is second time of reducing BLR or longer time period....

Wednesday January 7, 2009

Top Investment

OVER the years, real estate has proven time and again its stability, attractive returns and ability to hedge against inflation. Assuming you have RM100,000 set aside for investment purposes, at least RM60,000 should be invested in properties. Less than RM30,000 go directly into the stock market and the balance (less than RM5,000) into high risks, highly leveraged, volatile investments such as Options, Futures or Foreign Exchange (Forex).
First, it's extremely important to build up a solid investment base using real estate before venturing into other investments to give your portfolio regular and predictable rental income and to enjoy capital appreciation
Some trainers mention that you only need less than 20 minutes a day.Yes, only if you have invested at least two hours per day over the next three years mastering the subject - a hidden fact many are unaware of.
The risks here are higher as landed properties will give you negative cash flow if you put in the minimum down payment. Your ultimate goal in property investments is to eventually move to the commercial sector once your budget grows to RM1 million.

Happy Birthday to me!!!

Happy Birthday Han Kit!!! (Happy Birthday to my dear little cousin Hang Hang too!!)

This is my 22nd birthday!!!

25th of February,6pm i went to UKM to meet my darling, she gave me a memorable night! we played bowling, eat pizza, shopping and shopping, buy and buy a lot, and eat again, sedapnya tomyam! Most happy that she made a "chaiyen" kek for me, delicious! Haha, i was indeed full and happy!! About 11.30pm i reached hillpark, received some birthday wishes from good friends , family and also darling phone call....

Tonight 7pm will go alamanda,putrajaya to meet ee and yen!! hehe, they wan celebrate birthday with me at sushi king!! Then they bought secret recipe cake, put a candle, and sang birthday song to me. I was very very happy!hohoho~~

beside that, i really and indeed thanks a lot to my brother in law, Mr Ong, for present me new fashion spectacles since 2005 till now~ i am paiseh that nearly every year take a new spectacles from you~ "Er Jie Fu" your spectacles is comfortable and nice, therefore i always cari you lo, hahaha! thank you, thank you, thank you!! infinity thank you!

thank you for all of friends and family! i wish you all happy always!! Smile alot!!

at last, i have a deep expression that i had passed 22 times birthday and never say a word of "thanks" to my dad and mum! thanks for them bringing me to this wonderful world! the world is amazing and full of wisdom and curiosity~~ "Mum and dad, thank you! love you both!"

My mummy already 55years old, named WONG FOOK THYE. Daddy called LEW HOCK EWE AGE 56~~~ Mummy is really wong(king), daddy is a pity general nia, even more funny is that all of their 5 children are poor little soldiers!! HAHAHA!! Nevertheless for us, they are cute and funny couple~~ WISH THEM HAVE A DIAMOND MARITAL CELEBRATION soon!

Today i found a good video from youtube, that making me very miss on my parents, especially my mum!!
Pls go youtube, and search the keyword "the mum song" or paste this link to your internet address ( http://www.youtube.com/watch?v=Nem0bkErGVY )

* Thank you darling for reminding me to thank for my parents! You are indeed kind and warm caring person.... Great to have you!!! shi shai ni !

Investment opportunity??

THE STAR Published: Friday February 20, 2009 MYT 1:01:00 PM

Maybank fell 25 sen to RM5.25(maintain), TNB was 20 sen lower at RM6.10(rise back to RM 6.45), YTL was down 15 sen to RM7.00(maintain), Petronas Gas lost 15 sen to RM9.65(rise RM9.85).

From my study, i get to know about I-capital.
I capital is managed by Tan Teng Boo( Asia Warren Buffet), launch since year 2000 with RM1.00, year 2006 highest NAV to RM 2.70.

In 2006, Capital Dynamics achieved a major milestone when it established Capital Dynamics (S) Pte Limited in Singapore, its platform for global investing. With this, it became the first Asian-owned fund manager to invest worldwide.

Year 2009 I-Capital NAV RM 1.55 DATED ON 26/2/2009

Year 2007, KLCI reach record high at 1466.67 point.
TODAY 26/2/2009, KLCI only at 896.13......
And yet, now our government cut down the loan interest rate too....... may i apply the knowledge of THE AGE LESS FINANCIAL CLOCK in this case?

Pls study my investment 1 and 2 in order to reduce your risk of investment. Remember to risk diversify and cost averaging method!

Investment 2

Below contents are copyright of LEW HAN KIT

After attending the Financial Planning Workshop Part Two, my personal summary is:

Why do people invest?
To provide capital and income at some future time, (money at work)
To beat inflation.

Investment divided into 5 categories, that is

• investing, purchase financial product with expectation of favorable return in long term basic more on property, unit trust, bond...
  
• trading, buy and sell in short term basic, may buy share....
  
• speculating following the market trend, like purchasing gold, oil, currency..( dangerous that if you buy after the trend of market, you sure will be a big loser...)
  
• gambling, toto, genting highland
• banking earn interest via fix deposit
  

The Kuala Lumpur Composite Index (KLCI) is a stock market index generally accepted as the local stock market barometer. Introduced in 1986 to answer the need for a stock market index which would serve as an accurate performance indicator of the Malaysian stock market as well as the economy.KLCI contains 100 companies from the Main Board with approximately 500 to 650 listed companies in the Main Board which comprise of multi-sectors companies across the year 2000 to 2006 and is a capitalization-weighted index.

Risk diversify
In this section, is only for those their investment goal is to beat inflation.

Knowledge from China, RED CLIFF 1 AND 2, 三分天下! Meaning that diversify your investment into 3 categories. That is 33% into investing, 33% into trading and speculating, 34% into fix deposit. percentage adjusting must do it once a year in order you do not bias into either categories.

Cost averaging method

Max NAV RM 10, Min NAV 5

FOR EXAMPLE
Start buying in when RM 8 there is decrease 20% of it maximum NAV, use the same amount of money such as RM 1000, to buy in stock until RM 6 the increasing value 20% of the minimum NAV. Sell out when reach RM8. COMMENT: Winner is calm and smart, loser is greedy and STUPID!

Using the same amount money to buy in stock, you will find the quantities that you bought are increasing. At last, you will find average stock price is RM 6.24. Sell out when RM8.

Total sell out RM 6409.52
Total cost price RM 5000.00
Profit earning RM 1409.52

** Profit may be charged on duty fee, management fee too...

Investment period 3 1/2 years.
Effective interest rate is about 7% yearly, alternative method to overcome Malaysia inflation rate 5%-6%.

Advice: Don't put all your money into share only!! Share is unpredictable! It will give you negative return and burn out your capital! BE SMART OK!!

Banks to cut loan repayments

From The Star Thursday February 26, 2009

Association of Banks said that the move by all commercial banks to cut installment amounts follows the request by the Government to help borrowers facing difficult economic times.

Bank Negara’s announcement of the reduction in the Overnight Policy Rate, reduction in the base lending rates of banks.

All commercial banks had agreed to cut loan repayment amounts across the board and maintain the original repayment period.

The hotlines are published at the association’s website www.abm.org.my. or toll-free service ABMConnect at 1-300-88-9980.

Furthermore, i get to know a new useful information from the recent MFPC Financial Planning Workshop.

If you are really unable to settle your debt like car loan, credit card and house loan. You may search for the help(free of charge) of AGENSI KAUNSELING DAN PENGURUSAN KREDIT(AKPK) from Bank Negara Malaysia. Toll free: 1800 88 2575
They have indeed great authorization power to ask your credit card bank or loan borrowing bank to reduce there interest rate in order to help you settle the debts faster and lighter burden. Beside that, they will educate their client(you) about debt management and financial planing too.

This is really a good association from Bank Negara.

What i have learn today！

Put all of your favorite things systematically!! quick link in my blog is very useful, i love it so much!
I am very enjoy with it!

Beginning of today, I will never forget to log on my favorite website and even can protect my precious data too!

You may write your own will without hiring hawyer l!!

WHY WE NEED WILL~~ in order all of our asset can pass to ppl that u wish to after your death. if u dont have a will, the procedure to get your asset for your family member may take more than 3months~ and these is very toublesm!!

For example

Name Lew Han Kit
Ic no 870226-46-6549

this is my last will, dated on 24Feb 2009.

i give my house, car and everything that belong to me, to my dad name Lew xxx xxx ic no ***** when i was dead. if my dad doesn't live before me, i give my house, car and everything that belong to me, to my mom, wong xxx xxx ic no*****.

foong ic no******as the executor.

i would appoint ee ic no******as my trustee.

and yen ic no******as guardian of my children.

this will, also valid even i had married.

withness by two ppl and they signature after me~

END

** withness cannot be the benificial person, or else this will not valid!!!

Russia or europe??

The Russian Federation is the largest of the 21 republics that make up the Commonwealth of Independent States.

Moscow is the biggest city in Russia~
i never been oversea before, never had a feeling about spring, summer, autumn and winter~

Russia, i will meet you soon！

What i need to do before meeting you, Russia??

i need passport and 1 year visa~
i need to apply isic/ iytc to get further discount when in traveling~
i need money buy air ticket~
i need save more than 2 months expenses~
i need to choose a place in Russia for me to visit~
but there are some ppl said that Russia has many terrorist that endanger traveler life!
may i further study there? which university leh~

or visit other country is better?? Europe is it better?

Visa free status with Britian!!!!

wow!!!

10Feb 2009

Malaysia has retained its visa-free status with Britain.

This means that Malaysians can visit and remain in Britain without a visa for up to six months.

The decision was announced in the House of Commons by British Home Secretary Jacqui Smith late yesterday (11.30pm Malaysian time).

British High Commissioner Boyd McCleary briefed Foreign Minister Datuk Seri Dr Rais Yatim on his government’s decision yesterday.

“I am pleased with this result. It reflects the hard work that both we and the Malaysian Government have put into this issue over the last few months,” McCleary said.

A senior Wisma Putra official, when contacted, said Malaysia welcomed the decision and the challenge would be to further reduce the number of Malaysians who overstayed or worked illegally in Britain.

Malaysia was in a group of 11 non-European countries whose visa-exempt status was reviewed by Britain from mid-2008.

Nationals from these countries were said to pose a risk of illegal immigration, crime and security, and all 11 countries were given a six-month mitigation period to significantly reduce the risks.

Britain had given Malaysia until December to prevent illegal immigration and improve passport security, crime and anti-terrorism measures and cooperate in deporting Malaysians who overstayed.

Among the remedial measures taken by Malaysia was improved security at the KL International Airport to ensure that only genuine travellers flew into Britain, a move which was welcomed by the UK Border Agency, a shadow agency of the British Home Office.

Visa-free access for visitors for up to six months will also remain for Botswana, Brazil, Mauritius, Namibia and Trinidad and Tobago.

The countries which failed Bri- tain’s visa-waiver test were Bolivia, Lesotho, South Africa, Swaziland and Venezuela.

Hope this will still happen after my graduation June 2010