Amway product same price with Watson?

This post has been edited by cherroy: Jun 12 2013, 02:58 PM

I only know can become millionaire by selling product to other.
I do not know one can become millionaire by buying the product and consume it. New to me...

This post has been edited by cherroy: Jun 12 2013, 03:00 PM

With weak IPI, negative export figure, and highly GDP growth will be slower, I do not think BNM will raise rate.

Many business people, salesmen are complaining "quiet" business out there already, except car, property one <--- rising household debt level supporting.

If FD 7%, I would dump all the reit.

Park in FD 7% is better than reit yield 4-5%.
Easy decision.

Reit yield must better than FD, if not, why put in reit in the first place.

How many years has passed since the 7% FD?
1997 --> 2013, 16 years and counting.

So slowly wait......

If there is a stock with PE 3, in a bullish stock market (until now equities is still performing very well, despite recent volatility) then must extra becareful.

In a bullish stock market, generally,

Good thing won't come cheap.
Cheap thing may not necessary must be good.

And another phrase is too good to be true.

This post has been edited by cherroy: Jun 14 2013, 11:16 AM

Ask shark goreng your stock to make you a profit?

I do not know shark is doing charity work in stock market...

Shark become ikan bakar?

From my knowing in the past, not every goreng successful one,
shark can be gorenged back by the market and turn into ikan bakar one as well.

Interest rate up?
I do not think so, with weak IPI, shrinking export, lower GDP number recently, doesn't suggest BNM will raise OPR.

Even bank FD rate doesn't suggest interest rate is on the way up, as if the interest rate is trending upwards, banks generally willing to offer good rate, aka long term FD tenure is significant higher than short term one, as locking up long term FD can earn bank more profit if the rate is on the way up.

Bonds yield up or not won't affect the OPR and BLR.

Bank FD is following OPR by BNM, not bond yield.

Bond yield up means corporate that want to do financing one, may cost more or may need to pay more to attract bond buyer.

As bond yield is ridiculous low, some corporate bond is/was yielding 4%, while FD can get 3.x%.

One subject to default risk, while one is not. How can one subjected to defaulting risk just have less than 1% extra?


This post has been edited by cherroy: Jun 18 2013, 11:09 AM

Interest rate or overnight rate (OPR) is set by BNM and controlled by respective central bank.

How bond pricing or yield generally (if do not move too drastically) generally won't affect the overnight rate, unless central bank is powerless to control the movement.

Aka if your interest rate too high, massive hot money flow in causing currency shooting drastically
or
interest rate too low vs bond pricing, massive outflow causing exchange rate plummeting like 97.

In this situation only the market force can force central bank to act.

But since 97, capital market is not as open and free like last time, aka no limit, no control on how money being TT out/in etc,
, so a good capital control measurement can reduce this kind of issue.

Since 2008 crisis, we can see a free and open movement of capital can cause more harm than good.

That's why Malaysia can have 3% while US interest remain at zero, and there is no massive hot money pouring in, causing RM to shoot up to the roof.

Yes, impact will be there, but if local liquidity is enough, and domestic economy condition is intact, it shouldn't cause any major issue.

That's why I do not see how BNM can opt to hike in interest rate, particularly GDP number is becoming less and less, last month export is shrinking, IPI is weak. And many businesses out there already complain sluggish sales.

Domestic interest rate is to cater domestic economy activities, this is the primary function of the interest rate.

This post has been edited by cherroy: Jun 18 2013, 12:54 PM

Fiscal policy to cut deficit is about self-sustain of gov financing.

Gov cannot rely forever on deficit to run upon, aka keep on borrowing to fund the paycheck (be it from EPF or where).

Nothing to do with outflow

Whether the outflow is serious or not, we can see from the currency account surplus/deficit, as well as rising/shrinking in foreign currency reserves.

I don't mean bank is not allowed or allowed.
Banks are always sensitive to interest rate movement.

The moment they expect rate to go up, we may see many bank start offering 1,2 or 5 years FD with rate higher than normal (or short term rate) that intend to lock down the customer deposit rate already.
Just like if current rate is 3%, and they expect to be 5% in the coming few years, banks may start offering long term FD with 4% or something like that to lock down their deposit rate.

With now 1 year common rate out there is 3.1% (not those promotion rate, as many promotion are limited to certain amount, aka bank just want to take in x millions deposit for their liquidity or cash position etc then cease the promotion already) as compared 3% OPR, it doesn't suggest bank see OPR going to be raised for sometimes or near term.

I think the tapering issue is over-cooked and over-feared by the market.

Just because of reducing QE (reduce, not totally stop, this is tapering means), and not yet about saying raising interest rate (Did Ben raise rate before?), now everyone talk about rising rate...

Reducing QE may cause bonds price back to the level they should have, it won't cause bond yield rising to the roof.
It just back to its normal day, that it should be.

While even QE is stopped eventually, it doesn't mean Fed must raise rate either.

But in stock market, and many talks just talk it likes end of the day of the stock market.

Even stock market drop 10-20%, it just means a healthy correction after several years of good day/year of stock market.

Having said so, even with volatility in the stock market recently, DJ is still steady above 15k, KLCI hardly drop, STI just drop a bit, so does major European bourses, so where is the actual "crash" of stock market?
None, but the tapering word keep on cooked again and again.

This post has been edited by cherroy: Jun 18 2013, 09:34 PM

Many also think like that when the stock was Rm2, Rm1, and Rm0.80....

Whether MAS good to invest or not, simply look at its operating revenue vs operating expenses already give a clue how is the condition of company financially.

LOL, real money?
Where is the real money come from?

Profit? operating revenue more than expenses?
These are 2 key factor that generate cash or "real money" for any business.

I want to take a flight from Penang to Sg.
A mere couple extra hundred, never mind, just want to have peace of mind and good time schedule for 1 days return trip only.

So I log in MAS to search for a ticket.
And the result come out, no direct flight from Pg to Sg, need to go to KL for transit.

While Airasia, Tiget, Jetstar as well as Silkair got direct flight from Pg to Sg.
So passenger choose what airlines in this situation?
So obvious.

Also I applaud MAS ticketing, same across across be it Saturday, holidays season or not.

While some other airlines mark up the price in holidays season, or peak travelling date.

As passenger, very good, but in business sense, another story.

I want to choose MAS, but there is no direct flight from pg to sg.

Wah, giant rabbit hit the tree of Bkawan.

Mega durian runtuh.