First of all, Happy Chinese New Year! May the year of dragon brings lots of joy and prosperity to all of us. The topic today is about finding a legitimate financial planner. Financial planning is a regulated activity. Only those registered with the relevant authorities are allowed to carry on the service of financial planning. …
Market condition KLCI closed at 1,512.98, an increase of 4.01%. S&P500 closed at 4,845.15, increased by 1.58%. My view: A good start for the year Both markets continued their uptrend and KLCI finally broke through 1,500 level! Perhaps it is the time for our local market to shine. Foreign funds continued to flow into Bursa …
In this article, we will discuss on financial goals. How should we set financial goals? Are they just numbers? Should we just put in whatever numbers that we like? Financial goals As the name suggests, financial goals have to do with your finances, meaning dealing with money. There are specific formulae to calculate the numbers …
2024 has just started and it is a good time to do something about your personal finance. Let’s see what you can do in this 2024 financial to-do. Review 2023 It is good to start with a review of the past year. If you have a financial plan, you should measure the progress of your …
First of all, happy new year 2024! In this first post of the year, I will share my thoughts on the markets in December 2023. Market condition KLCI closed at 1,454.66, an increase of 0.13%. S&P500 closed the year at 4,769.83, an increase of 4.42%. My view: Not a bad year Both the markets closed …
Market condition KLCI closed at 1,452.74, an increase of 0.73%. S&P500 reversed its downtrend and closed at 4,567.80, an increase of 8.92%. My view: A good month for the markets Both the markets closed with positive gain compared to the past month. In fact, S&P500 had its largest monthly gain in 2023. I did not …
Market condition KLCI advanced by 1.26% to 1,442.14. S&P500 continued its decline to 4,193.80. It is a decrease of 2.20%. My view: Finally KLCI outshined Contrary to my expectation, KLCI did not decline. On the other hand, S&P500 continued to decline as expected, albeit at a lower rate. In November, I think I will still …
Defining financial planning Financial planning can be defined as the process of taking a comprehensive look at your financial situation and building a specific financial plan to reach your goals. In financial planning, the end result is an actionable financial plan which will help to achieve your financial goals. This plan is a comprehensive evaluation …
After reading Unknown Market Wizards, I got the inspiration to refine my investing strategy for stock market. As I only invest in individual stocks on Bursa Malaysia, it is a refinement to my investing in Malaysia. Look to the future I feel that I was focusing too much on the past results previously when I …
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 …
