Lessons in handling public finances from Greek tragedy
http://www.thestar.com.my/Business/Busines...gedy/?style=biz

hi sifu sifu and senior. I am new to FSM. Still lurking around the webpages and learning stuffs. I have not registered account la, still building up my emergency account cause i just joined the workforce

take your time (but not too long a time) to study...
in the meantime read page 1, post 12....
for some extra tips....

I done the same like you too. Just recently started to play around with UT's..

Sifu here taught me to save up rainy day funds with CMF2..

Glad that this thread helped many like u

Don't play
UT is for long term investment...

Any tips from today's event?

China brokerages pledge to buy $19.3 billion in shares to steady plunging market

BEIJING (Reuters) - China's top securities brokerages said on Saturday that they would collectively buy at least 120 billion yuan ($19.3 billion of shares in a bid to stabilize the country's stock markets after a slump of nearly 30 percent since mid-June.

URL: http://finance.yahoo.com/news/china-broker...-075109165.html

Greek banks prepare plan to raid deposits to avert collapse
http://www.cnbc.com/id/102809081

Wrong word choice..

I don't consider UT for short-term though..

The art of investment

CHEAH places high importance on learning. He always seeks to reinvent himself by trying to master and learn new things. Having carved out a name for himself in the area of investment, Cheah shares some of his investment philosophies. He concedes that he does not know everything but have suggestions. Find below some excerpts when Ng Bei Shan and David Tan caught up with Cheah who was in Penang for vacation:

Read more: http://www.thestar.com.my/Business/Busines...ment/?style=biz

yeah post #12 was very helpful, i even downloaded the excel spreadsheet to feed my curiosity. haha
what's CMF2 bro?

haha.. I guess nobody went!

Money market fund.

RHB-OSK Cash Management Fund 2

Greeks Head to Polls Divided for Referendum to Chart New Course
http://www.bloomberg.com/news/articles/201...economic-course

China curbs IPOs, enlists brokers in all-out bid to end market rout

BEIJING/SHANGHAI: Beijing intensified efforts at the weekend to pull China's stock markets out of a nose-dive that is threatening the world's second-largest economy, with top brokerages pledging to buy massive amounts of shares and a report that the government has set up a market stabilisation fund.

Beijing has also suspended new share offers in an attempt to take pressure off the market after a 30 percent plunge in three weeks, the Wall Street Journal said.

The reported suspension of initial public offers (IPOs) came a few hours after extraordinary announcements by major brokers and fund managers, which collectively pledged to invest at least $19 billion of their own money into stocks.

URL: http://www.thestar.com.my/Business/Busines...IPOs/?style=biz

Hello..
Let say i topup from my epf & my own $ into selected fund
does it count together.. ?
epf 10k + own $ 10k = 20k?
hows the distribution like? and withdraw...

First of all, you have two account numbers for the same fund that you invested into since both are them are managed differently.

EPF: own name + plus every transaction ultimately goes back to your EPF
Own: nominee as normal FSM account

force urself to contribute to UT every month, make urself addicted. it'll be worth it

Tsipras Triumphs as Greece Votes Against Austerity

Greece voted against yielding to further austerity demanded by creditors, leaving Europe’s leaders to determine if the renegade nation can remain in the euro.

Sixty-one percent of voters backed Prime Minister Alexis Tsipras’s rejection of further spending cuts and tax increases in an unprecedented referendum that’s also taken the country to the brink of financial collapse.

Tsipras described the result as a “great victory”, and said Athens would return to the negotiating table on Monday with a strengthened hand.

URL: http://www.bloomberg.com/news/articles/201...erendum-triumph