people are making money ... they sold alot of stocks

Money kept in insurance will be returned to you when the policy expires. And yes, with interest.

Financial planning covers 6 areas :
1) cash management
2) tax management (what are tax deductibles?)
3) investment (unit trust, equity, etc etc)
4) risk management (insurance)
5) real estate (buy house etc)
6) retirement. (how to finance yourself after retirement)

educate yourselves in this areas and you can be finance savvy.

This post has been edited by luqmanz: Sep 13 2006, 01:40 PM

Even though insurance sometimes provides returns higher than FD .. we dont see it as an investment. Insurance is a part of our risk management (what happens if I need thousands of ringgit for medical bills? I dont wanna sell my house/car.)
When buying insurance, dont look at the returns, look at the coverage. That's the main point of insurance.

This post has been edited by luqmanz: Sep 13 2006, 10:20 PM

Err ... we are not supposed to talk about return when it's about insurance. Insurance shouldnt be treated like investment. (i.e dont expect good ROI when buying insurance, just make sure the coverage and price are reasonable)

This post has been edited by luqmanz: Sep 15 2006, 02:16 PM

nice link. Thanks for sharing dreamer.

Put into ASN/ASB/ASW thing... or a good mutual fund

I have seen countless of TA indicators that I dunno which are useful. Can tell me which are more commonly used ?

This post has been edited by luqmanz: Oct 2 2006, 12:43 PM

Wellcall Holdings stock ... gained 90% in 2 month.
Anyone bought this stock ? Good for you

U only need SWIFT ,bank address and account # to do the transfer.
Call the destination bank.

It depends on how much return you expect to get. If your are hoping to get 25-30% ... that's almost impossible. ...
A good performing mutual fund can give return up to 15-18%.

Yup... its because they are now facing investigation and imminent prosecution by US and M'sia authorities.

Wrong calculation pidah.
Correction. No fee is imposed on selling. So you shouldnt have deducted 8637 when you sell.

123391 = 100,000 * (A)^3
A = 1.073

7.3% compounded ROI for 3 years.
Much better than FD.

This post has been edited by luqmanz: Nov 4 2006, 10:11 AM

Lol ... I'm Public Mutual agent too ...
Anyone wanna invest in unit trust while the stocks are hot ?
PM me

This post has been edited by luqmanz: Nov 27 2006, 01:27 PM

I personally know a couple who sells nasi lemak on the roadside every morning 7-10 am. They make RM2000 nett per week. How complicated it is to sell nasi lemak ? How much capital you need to start such business?
Not all business requires high start-up capital. The key question is, are you willing to start from the bottom or not ?

Those nasi lemak sellers wake up at 5 am each morning, start cooking, sell the nasi lemak and finish selling at 10 am. They can go back home a sleep. Many people work 8 am- 8pm every day and make less than Rm2500 a month. How many people work 6 hours a day and make Rm 8k per month ?
And yes .. nasi lemak seller can retire too once the business grow big and they hire people to do all the work. Also how much capital is needed to start nasi lemak business ? Do the math. Just because they dont drive BMW you assume they are poor.

Dude, fix your grammar and spelling. You want us to take you seriously, you better type seriously.
And stop claiming your poor English as Manglish. Call it Kennienglish or something else.