Guess have to wait Monday and see then.

Mere details:

This is what you need to think about.
My list is below:


food - roughly 18 months worth.
cookers - one gas stove.
water - 200 L
water purification - tablets and bleach
light - 2 kerosene lamps, 1 coleman.
tent - 3 berth.
hiking boots.
outdoor jacket heavy duty.
12L aspen 4t
12L coleman fuel
60L unleaded
fireflint
lots of liquor
matches
wind up torches/radio
batteries
weapons
tin foil

still to get:

generator
dual cooker
swamp straw
4 season sleeping bags
another fireflint
swiss penknife
toolbox and tools
more fuel
solar battery charger
wind up lantern
back up tent

It seems so..

I'm waiting for Gold and Silver price to pull back to load up more but
damn.. those precious metals are getting more expensive everyday.

Hoarders are preparing for the big inflation.

Now it's too late to go for gold

My friends bought gold few years ago which the price was 3 times cheaper than the current

Cheaper against the dollar!

Tomorrow i won't be here but still wish you all a happy trading day ahead

good night~!

Sweet dreams

How very true, I totally agree that you cannot depend solely on trading or reaping dividends when you retire especialy in Malaysia. But it may be possible if you want to live alone with no family ....true, to each his own choice.

When I first started working, I too set a target retirement age by mid 40s by working my butt off in one of the best paying job in the O&G sector. Then after you get married, have a small family, you tend to think about education funds, medical insurances for yourself and spouse, and well, a nice big house to live in. On top of that, of course you want to lead a better quality of life, ie annual overseas holidays, private school for the children, medium quality cars (not luxurious!), quality food or even possibly buying a holiday home. And not to mention, we Malaysians are close with our families, sometimes we may be called to help out our siblings or relatives who suffered lost of income due to accidents, sickness, deaths etc..

If you retire early and concentrate solely on stock tradings, there is a high possibility that your income from stocks might not match the salary you bring home in years to come. And any unexpected episode may require you to dip into your golden nest and bear in mind, from 40 yrs to 80 yrs is a long, long period.

It is very good to set a target but be brave to make adjustments depending on your priorities in life ie family and quality of life.

World economy collapsing in two years, no way. Just saw in CNBC last night Oct 09 will be like Oct 08, market correction and lots of sellin, so now must collect bullets and wait for Oct

Enough rambling....just my 2 cents.

KUALA LUMPUR: Deutsche Bank forecasts Malaysia's economy this year to contract by slightly more than 2%, which is more optimistic than the government's estimation of a decline of between 4% and 5%.

The bank's chief economist Prof Dr Norbert Walter expected the Malaysian economy to recover and post a growth of 3% next year.

"We will see negative growth in 2009 but relatively robust recovery in 2010," he told a media briefing here today.

He said the economy, which contracted 6.2% in the first quarter (1Q) of this year, was mainly due to weak investments which had been falling 10% to 11% year-on-year for the past two quarters.

Walter said the recovery next year would also be in line with the Asian economies while a global recovery would be seen only by 2011. He added that Asian economies were generally in a better shape than the developed economies.

He said the country should focus on improving the investment environment.

However, Walter, who is also Deutsche Bank Research managing director, said investors preferred bigger markets like India and China rather than smaller countries such as Thailand or Malaysia.

"Malaysia, for a long time, has been standing out. But now, others are also growing and Malaysia must grow 'taller' to attract attention," he said.

On the recent liberalisation measures announced by Malaysia, he said internationally the term "liberalisation" was not a resounding success and that the term itself had lost its glamour.

"What is very important is that best talents and best professionals look into each and every detail and come up with tailor-made answers to the issues and much more efficient solutions to the regulation.

"So there should be more liberalisation as a general tendency, because a better division of labour at the end of the day will serve everybody," he said.

Walter said Malaysia's well-being was not based solely on domestic demand, as it needed outside markets to progress. He said the driving force of Malaysia's gross domestic product (GDP) growth next year would be the support from Asian countries, especially China and India.

Walter also suggested Malaysia diversify its investment in sectors other than oil and gas.

On renewable energy such biomass, he said the main focus should be on food instead of fuel.

"If you use biomass for energy input, biodiesel, for example, that could be use for food, you create a trade-off that is quite difficult because there are many more people to feed. If food is being burnt rather than use for food, then of course poor people are very negatively impacted."

On international cooperation concerning environmental issues, he said the Obama administration had taken the lead, unlike the previous administration. However, the question remains whether other countries were ready to cooperate.

"Europe lacks leadership, Japan is about to topple a government of the Liberal Democratic Party (LDP) that has governed the country for 60 years and we do not know what follows.

"I've also been talking to leading Asian politicians. After (Tun) Dr Mahathir Mohamad and Lee Kuan Yew are no longer active, the leadership of Asean has weakened," he said. He suggested a deeper integration of Asian countries.

On inflation, he forecast it to be below 2% next year. Walter said if the country adopted price controls, this would distort the market and damage the economic machine.

On the US dollar, he said: "Many claim that US dollar will appreciate since April, May but the market didn't listen to those guys. The dollar is weaker, not only against commodities countries but also British pound and the euro.

Walter also said over the last five years, countries had increased their US dollar-denominated financial assets to a total of US$5 trillion (RM17.5 trillion). He said many governments had amassed large amounts of US dollar assets including treasury bills and bonds, particularly Japan, China, Russia, Brazil and even India.

He said these governments were now looking to diversify away from the US dollar assets.

LOL! How to diversify away from the USD?
The Russians, Chinese, Japanese, etc.. all don't trust each other currency.

I tell you what, the US govt already got them all hooked, the green backs IS the currency period.
Let' 'em continue to buy those Treasuries. Uncle Sam is happy to print more.

I'll converting mine to gold and silver.

This post has been edited by danmooncake: Aug 7 2009, 07:47 AM

Who is Uncle Sam?

There are two Uncle Sam

1) Stock Blogger
2) USA or Government

mornin

now japan and ausie red but kospi green

how bout shanghai?

share a joke with you all, talked to my remiser yesterday tot of avg down on lioncor, I ask him to que for me 0.455, then he told me you never learn wan hor. He say the secret to share trading in msia is you must first learn cha cha dance. Now is cha cha timing, 1 step forward, 2 step side ways and 1 step backward, then 1 step forward and 3 step backward. I really char thou with this fella.

Then I say bullrun is what dance leh....he say aiyo bullrun mah tango step lor,4 step forward and turn, 4 step side ways and turn, and 4 step forward and turn

just wanna ask some experience ppl here


short selling...if i short sell a counter, before the ex date (bonus or div) n buy back after ex..wat r the complications there?

Damn KNM lots of buyer Q...let it come to 80 maa...then great bounce





or fall to 70...hehehheheheh

hahaha...

----------

Anyone having problem with M2U ?
oh nvmd ok liao..

This post has been edited by mopster: Aug 7 2009, 09:06 AM

something wrong with the investors
bursa-cn and bursa-co are trading at much higher premium and they are going up while bursa-cl dropped

check it out public bank

it is good example, but may not a good advise from ur remiser. then u should as back the remiser he good in cha cha or not.