Many Malaysians especially non-Bumiputras are very excited about the news that the government has increased the ASM fund size by another RM5 billion. As most Malaysians have known by now, most ASN funds are specially allocated for Bumiputras, non-Bumiputras are allowed to buy a few funds only- one of which… Continue Reading
Empty pockets never held anyone back. Only empty heads and empty hearts can do that. –Norman Vincent Peale Recently I received an email from IBKR informing me that Malaysians can finally fund their IBKR accounts using MYR. IBKR has worked with Wise to offer more currencies to fund your brokerage account…. Continue Reading
Why do doctors die in a different way? Continue Reading
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” — Phillip Fisher The year 2022 was a tough year for investors around the world. It was the worst year since the financial crisis hit us in 2008. Many investors are still… Continue Reading
“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”- Warren Buffett “This bear market will be different! I know it, it is coming!” My friend, Mr. Tan who is a property developer repeatedly told us in our Whatapps investment… Continue Reading
“Invest for the long haul. Don’t get too greedy and don’t get too scared.” If you are a Malaysian and had at least MYR 1 million in your EPF account in 2020, you are among the only 67919 or the top 0.64% of 14.89 million members. On average each EPF millionaire… Continue Reading
“Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure, or nothing at all.” Dear Paul, I hope you sleep well. I still remember vividly the day I said good bye to you during your last day in the hospital. People naturally… Continue Reading
Do you know the only thing that gives me pleasure? It’s to see my dividends coming in. -John D. Rockefeller There are a few surprises that happen to my USD denominated portfolio in 2Q 2022. As you know, I opt for VUSD and VWRD as my equities ETFs, both ETFs… Continue Reading
“Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.”-Charlie Munger ” Can we consistently beat the market?” ” How much money do I need to retire in… Continue Reading
“Time is more valuable than money. You can get more money, but you cannot get more time.”Jim Rohn The ringgit depreciated to its weakest level against the Singapore dollar (SGD) on Tuesday (May 24) 2022, after the exchange rate surpassed 3.1993. As a Malaysian, it is heart-breaking to see MYR… Continue Reading
