May 2019 is the most volatile month so far this year. Kuala Lumpur Composite Index (KLCI) closed below 1600 a few times in the month. Luckily, it recovered nearing the end of May (1650.76) and closed higher than the end of April (1642.29). A surprise reversal Honestly, I did not expect the market to recover …
I have not encountered defaulted note on Funding Societies Malaysia, so I have no first-hand experience on its management of defaulted notes. However, I have encountered several notes that did not repay on time. Thus, I have experienced how Funding Societies Malaysia handles these late notes. I like the way that this platform deals with …
After the first email regarding my defaulted note in Fundaztic, I finally received an update after six months. So what’s the news? Bankruptcy notice In the email, it is stated that Sealed Judgement Order was obtained and served in early of the year. Fundaztic (Link) has instructed lawyers to file for bankruptcy notice in February. …
Amanah Saham Nasional Berhad (ASNB) just released myASNB mobile app in April 2019. This app is available on both Google Play Store and Apple App Store. I have tried it out and I am going to discuss its features. Login After initiating the myASNB app, we will be in the login page. There are a …
I installed this app on the same day as Funding Societies Malaysia app. I have known the existence of this app but did not find it necessary till I need it. Fundaztic mobile app is available on both Google Play Store and Apple App Store. I am using the Android version. Interface The interface is …
Although I knew about Funding Societies Malaysia mobile app for quite some time, I have only installed it recently as I prefer to use the website instead. Nonetheless, due to recent travelling, I need to have an alternative. Thus, I downloaded the app from Google Play Store and tried it. It is also available on …
The author of this book is Micheal W. Covel, an author, blogger and entrepreneur. He has two websites: TurtleTrader.com and TrendFollowing.com. I was attracted by the title as the term TurtleTrader intrigued me. What is a TurtleTrader? How did they turn from novices to millionaires overnight? Layout of The Complete TurtleTrader This book has a …
Amanah Saham Malaysia (ASM) is one of the fixed-priced funds offered by Amanah Saham Nasional Berhad (ASNB). Its latest dividend is paid on 1 April 2019. The amount is RM 0.055/unit. This translates to a rate of 5.5%. Trend The dividends of the previous four years were 6.6 cents (2015), 6.3 cents (2016), 6 cents …
This is a book written by Andrew W. Lo, a Professor of Finance at MIT Sloan School of Management. This book is about a new theory in financial economics proposed by the author, namely the Adaptive Market Hypothesis. He thinks that this theory explains the financial market better than the Efficient Market Hypothesis. Layout of …
This is an update to my December 2018 article about Defaulted Notes in Fundaztic. There are some changes that the platform made and new discovery that I found. New definition of default First, Fundaztic has reclassified defaulted note as a note that is 90 days past due, instead of 60 days as before. This reclassification …
