After having fluctuated for several weeks, finally KLSE(Malaysia Stock Exchange Market) soared to over 1,300 !!! It is the highest record since the tragedy on 10th March 2008!
Despite the good news of KLSE, over the 4 counters i am holding, 3 of them actually dropped today including the prominent Public Bank! Well, the decline does not really matter to me because overall my portfolio still generates a book yield. I would like to express my gratitude to the Public Bank! It has been performing very very well since the day i bought its shares.
I think my mutual funds' price will rise further following by today's good performance of KLSE. Looks like i am going to do another time of switching in a few weeks time.
Good day!
星期五, 五月 16, 2008
Political Intervention
Hey busy bodies out there, let me ask you, one day, i say i support Quebac to get independent from Canada, or Hawaii to get independant from the U.S or i say Kashmir belongs to Pakistan rather than India, what do you think? Will you say "hey you mind your own business!"
Well, if you know about this, then you should not do something like supporting Tibet to get independence from China and so on. Even tough i am not a citizen of China, but what matters is, i think that you guys are really busy body, just like you are asking me to mind my own business! i think you guys have some agenda behind right?
India, as a neighbour to China, invited Dalai Lama to be their guest and even allow him to run the activities in their land. Come on, if one day China say that Kashmir actually belongs to Pakistan and shows all kind of supports to Pakistan, what will India do? As a neighbour, those acts are really impolite! No manners!
My country is Malaysia but not China, so actually that does not matter to me. However when i read about those news, i really think it is unfair to China when the Western media or social activists support the Tibetan Independance movement. Do you think you have the right to ask people to follow your order? If we do the same thing to you such as saying that Scotland is not part of British, Alaska should get independence from the U.S. What do you think?
Don't be busy body, mind your own business!
Well, if you know about this, then you should not do something like supporting Tibet to get independence from China and so on. Even tough i am not a citizen of China, but what matters is, i think that you guys are really busy body, just like you are asking me to mind my own business! i think you guys have some agenda behind right?
India, as a neighbour to China, invited Dalai Lama to be their guest and even allow him to run the activities in their land. Come on, if one day China say that Kashmir actually belongs to Pakistan and shows all kind of supports to Pakistan, what will India do? As a neighbour, those acts are really impolite! No manners!
My country is Malaysia but not China, so actually that does not matter to me. However when i read about those news, i really think it is unfair to China when the Western media or social activists support the Tibetan Independance movement. Do you think you have the right to ask people to follow your order? If we do the same thing to you such as saying that Scotland is not part of British, Alaska should get independence from the U.S. What do you think?
Don't be busy body, mind your own business!
What happen to Malaysia?
I am confused. Even tough i am born in Malaysia, but i am not entitled for all the benefits provided by the government!
Since 1970, the Malaysia government has strengthened its policy of restructuring the resource among different races. It categorizes Malaysian into 2 classes, the bumiputra and the non-bumiputra. If you are bumiputra(majority are Malays, the rest are natives in West Malaysia, p.s. all Malays are bumiputra, you are entitled to all kinds of government aids such as higher chance to study at local universities, lower price for a house, lower price for a car, you will be given loan to invest in government-launched mutual funds(imagine, loan interest rate is lower than the fund's interest, it is equivalent to give out money for FREE!), you are guaranteed to get the contracts from the government or government-linked companies and many more!
If you are born as non-bumiputra(Chinese take the majority, the rest are Indians and etc.), you can only dream about this!
In the 50's of last century, Malaysia used to be one of the most prosperous nations in Asia! It is a wonderful land. It has a lot of natural resources such as palm trees, rubber trees, petroleum and a lot more. The people here do not suffer from disasters such as earthquake, typhoon, volcano eruption and so on. Despite having an evil intention of robbing the resources here, British government undeniably introduced a good system here to administrate the nation. They trained a lot of Malays as public servants to assist them in running this country. They brought in Indians from their another colonized land India to work in rubber estates. They opened doors to Chinese to come to this land to work at tin mines and to run businesses. You can see everybody had put a lot of efforts to build a strong economy foundation for Malaysia.
In the 60's, Taiwan and South Korea were still way far behind us. A lot of Taiwan girls longed to get married with Chinese from the then called Malaya. However, they developed so fast and were categorized as the "4 little dragons" during the 80's in Asia! Today they produce so many famous brands such as Acer, BenQ, Asus, Samsung, Hyundai and etc. What do we have in Malaysia? Proton??? Come on, it is still a kid who needs protection from the government! It has been 30 years already! Bear in mind that our neighbors such as Vietnam and Thailand are ready to overtake us! Not to mention China, since years ago it was already ahead of us! They have famous brands nowadays too!
Why Malaysia progressed so slow?? Certainly it is due to the racist policy enforced by the government, to be more exact, from the biggest party in Malaysia which is UMNO. The politicians in UMNO exploit the policy to put most of the money into their own pocket. Then only they give out the remainder! They practiced favouritism. Tthat is why today there are still a lot of poor Malays here in this nation! How many Malay students who are sent to ovesea by Malaysia government did not complete their studies or prolonged their length of study? When you have something free easily, you normally will not appreciate so much!
I only saw government(or UMNO only) did nonsense to save those Malay tycoons during the economic crisis in year 1997! Imagine, due to poor management, a Malay tycoon caused a big corporation which is worth billions of Ringgit(Malaysia currency) to collapse, our cute government bought over the company at an unreasonable price which is few times higher than the company's share value then! Come on man! It's our money! The money belongs to we people!
More disappointing facts are, nowadays still some of the MP(member of parliament) shouting in the parliament to ask Chinese to get out from Malaysia! Come on man, do you think you have enough money to feed your people without Chinese here in Malaysia? To be honest, think about this, Chinese never live in this land, do you think Malaysia can progress so much? It could be today Malaysia is 30 years behind Thailand! How much money had Chinese contributed to Malaysia! Think about it before u said something so stupid!
Over so many years, how much taxes did Chinese pay to the government? How much did government use to do something that brings equal benefits to all Malaysians? Money have been spent to build a lot of Malay schools, contracts have been offered to the "Ali Baba" (a company that gets contracts or licenses and later sells to other companies, often it earns by doing nothing). Chinese have to sacrifice a lot so that they are able to send their children to universities! Chinese have to donate money to get the Chinese schools built! Chinese have to go to oversea such as Singapore to work! The fact is, up to today there are 2 millions of Chinese Malaysians working overseas! Most of them are high rank executives or experts from certain fields! Why does all this happen? Think about it! We are treated as 2nd class citizen! Imagine if these 2 millions of experts work for Malaysia, we could have progressed much more, could not we?
We love this land too! We love the 'varieties' here! Varieties of races, varieties of languages, varieties of food! Yeah! That is Malaysia!
Tell me, fellow Malays out there, is it fair to treat us non-bumiputras this way? Do you guys think that Malaysia will be good without the other races here? a
Is it fair that every public listed companies must give out 30% of their shares to the bumiputras?
The Malay special privilege policy only tells one thing, you guys are still weak and need protection.
Don't you guys feel ashamed? You guys want to be weak and be looked down on forever?
Do you guys know Malaysia is the only nation in this world that practices the policy that protect the majority races?!
Our government are feeding 75% of the Malaysian population with the fortune from the 35% of the population. How long can our nation stands when the fortune that can be 'robbed' from the 35% of the population is getting lesser and lesser?
Tell me!
Since 1970, the Malaysia government has strengthened its policy of restructuring the resource among different races. It categorizes Malaysian into 2 classes, the bumiputra and the non-bumiputra. If you are bumiputra(majority are Malays, the rest are natives in West Malaysia, p.s. all Malays are bumiputra, you are entitled to all kinds of government aids such as higher chance to study at local universities, lower price for a house, lower price for a car, you will be given loan to invest in government-launched mutual funds(imagine, loan interest rate is lower than the fund's interest, it is equivalent to give out money for FREE!), you are guaranteed to get the contracts from the government or government-linked companies and many more!
If you are born as non-bumiputra(Chinese take the majority, the rest are Indians and etc.), you can only dream about this!
In the 50's of last century, Malaysia used to be one of the most prosperous nations in Asia! It is a wonderful land. It has a lot of natural resources such as palm trees, rubber trees, petroleum and a lot more. The people here do not suffer from disasters such as earthquake, typhoon, volcano eruption and so on. Despite having an evil intention of robbing the resources here, British government undeniably introduced a good system here to administrate the nation. They trained a lot of Malays as public servants to assist them in running this country. They brought in Indians from their another colonized land India to work in rubber estates. They opened doors to Chinese to come to this land to work at tin mines and to run businesses. You can see everybody had put a lot of efforts to build a strong economy foundation for Malaysia.
In the 60's, Taiwan and South Korea were still way far behind us. A lot of Taiwan girls longed to get married with Chinese from the then called Malaya. However, they developed so fast and were categorized as the "4 little dragons" during the 80's in Asia! Today they produce so many famous brands such as Acer, BenQ, Asus, Samsung, Hyundai and etc. What do we have in Malaysia? Proton??? Come on, it is still a kid who needs protection from the government! It has been 30 years already! Bear in mind that our neighbors such as Vietnam and Thailand are ready to overtake us! Not to mention China, since years ago it was already ahead of us! They have famous brands nowadays too!
Why Malaysia progressed so slow?? Certainly it is due to the racist policy enforced by the government, to be more exact, from the biggest party in Malaysia which is UMNO. The politicians in UMNO exploit the policy to put most of the money into their own pocket. Then only they give out the remainder! They practiced favouritism. Tthat is why today there are still a lot of poor Malays here in this nation! How many Malay students who are sent to ovesea by Malaysia government did not complete their studies or prolonged their length of study? When you have something free easily, you normally will not appreciate so much!
I only saw government(or UMNO only) did nonsense to save those Malay tycoons during the economic crisis in year 1997! Imagine, due to poor management, a Malay tycoon caused a big corporation which is worth billions of Ringgit(Malaysia currency) to collapse, our cute government bought over the company at an unreasonable price which is few times higher than the company's share value then! Come on man! It's our money! The money belongs to we people!
More disappointing facts are, nowadays still some of the MP(member of parliament) shouting in the parliament to ask Chinese to get out from Malaysia! Come on man, do you think you have enough money to feed your people without Chinese here in Malaysia? To be honest, think about this, Chinese never live in this land, do you think Malaysia can progress so much? It could be today Malaysia is 30 years behind Thailand! How much money had Chinese contributed to Malaysia! Think about it before u said something so stupid!
Over so many years, how much taxes did Chinese pay to the government? How much did government use to do something that brings equal benefits to all Malaysians? Money have been spent to build a lot of Malay schools, contracts have been offered to the "Ali Baba" (a company that gets contracts or licenses and later sells to other companies, often it earns by doing nothing). Chinese have to sacrifice a lot so that they are able to send their children to universities! Chinese have to donate money to get the Chinese schools built! Chinese have to go to oversea such as Singapore to work! The fact is, up to today there are 2 millions of Chinese Malaysians working overseas! Most of them are high rank executives or experts from certain fields! Why does all this happen? Think about it! We are treated as 2nd class citizen! Imagine if these 2 millions of experts work for Malaysia, we could have progressed much more, could not we?
We love this land too! We love the 'varieties' here! Varieties of races, varieties of languages, varieties of food! Yeah! That is Malaysia!
Tell me, fellow Malays out there, is it fair to treat us non-bumiputras this way? Do you guys think that Malaysia will be good without the other races here? a
Is it fair that every public listed companies must give out 30% of their shares to the bumiputras?
The Malay special privilege policy only tells one thing, you guys are still weak and need protection.
Don't you guys feel ashamed? You guys want to be weak and be looked down on forever?
Do you guys know Malaysia is the only nation in this world that practices the policy that protect the majority races?!
Our government are feeding 75% of the Malaysian population with the fortune from the 35% of the population. How long can our nation stands when the fortune that can be 'robbed' from the 35% of the population is getting lesser and lesser?
Tell me!
星期四, 五月 15, 2008
Switched mutual fund to protect my profit!
After 22 months(almost 2 years) of buying Public Ittikal Fund, finally today i decided to switch to another fund to protect my profit.
The return rate of the fund is very impressive. It achieved a total return rate of around 39% which also means around 20% per year on average. Since the day i bought this fund i have been very confident of it as it has a handsome history. The statistics told me this fund is really worth to buy! Back then i really took a lot of time to actually study each funds and also compare each of them before i made my move.
Too bad i missed the golden moment last year. The fund raised so remarkably. At one time it even achieved an overall return rate of more than 40%! I damn regret now! I should have sold it off during that time! Well, one of my customer chose to sell his fund off last year. It so happened that he needed money during that time. Thus he managed to enjoy the 40%++ of return rate! Oh yes, he bought Public Ittikal too because i am the one who recommended this fund to him!
Luckily after the huge decline of the KLSE stock market due to the 'Political Tsunami' which took place on 8th of March 2008, Public Ittikal's price has been gradually restoring to the level which reflects its actual value.
The big drop of March really taught me a lesson. I decided not to be so greedy anymore. To me, 20% of return rate per year is considered a great achievement already. That's the standard practiced by Warren Buffet all this while!
After several days of serious thought, this noon i went to the nearest Public Mutual branch and did the switching. Anyway that was my first ever fund switching.
I switched the fund units to 2 different conservative profile funds.
The return rate of the fund is very impressive. It achieved a total return rate of around 39% which also means around 20% per year on average. Since the day i bought this fund i have been very confident of it as it has a handsome history. The statistics told me this fund is really worth to buy! Back then i really took a lot of time to actually study each funds and also compare each of them before i made my move.
Too bad i missed the golden moment last year. The fund raised so remarkably. At one time it even achieved an overall return rate of more than 40%! I damn regret now! I should have sold it off during that time! Well, one of my customer chose to sell his fund off last year. It so happened that he needed money during that time. Thus he managed to enjoy the 40%++ of return rate! Oh yes, he bought Public Ittikal too because i am the one who recommended this fund to him!
Luckily after the huge decline of the KLSE stock market due to the 'Political Tsunami' which took place on 8th of March 2008, Public Ittikal's price has been gradually restoring to the level which reflects its actual value.
The big drop of March really taught me a lesson. I decided not to be so greedy anymore. To me, 20% of return rate per year is considered a great achievement already. That's the standard practiced by Warren Buffet all this while!
After several days of serious thought, this noon i went to the nearest Public Mutual branch and did the switching. Anyway that was my first ever fund switching.
I switched the fund units to 2 different conservative profile funds.
星期三, 五月 14, 2008
512四川大地震中国当局反应迅速
不得不佩服当局针对地震所作的快速反应，无疑这有赖于中国国力在这几年内的迅速壮大，集体专制领导制度发挥了很大的作用。
网上遍布了好多的相关资讯。
连百度也迅速换了标题图案。
网上遍布了好多的相关资讯。
连百度也迅速换了标题图案。
Ali rustam had supper at Subaidah Cafe
Just now, I had my supper with my friend at one cafe called Subaidah. We spent there for around 2 hours more. When we were about to leave, we saw chief minister of the Melaka state, Ali Rustam came together with one of his friend. I think he just finished OT? Haha.
Anyway, as he showed up, a group of customers from the table next to us quickly dashed forward to shake hand with him. Wow! Do they really need to do that?
Anyway, as he showed up, a group of customers from the table next to us quickly dashed forward to shake hand with him. Wow! Do they really need to do that?
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