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Day: August 4, 2024
Malaysian economy and BNM

All the different forecasts for ringgit’s movement

My good friend, Miichael Yeoh who’s a mortgage expert from Penang says that he hopes that ringgit will continue to rally for another 10 days since it has rallied for the last 10 days. This was the article I sent to him: 10 Day Rally. Ringgit on a roll, what’s next? He is definitely positive about our ringgit and I also wish that his wish would come true. What about the analysts in the market? What do you think their thoughts are for ringgit for the next week? Here are all their views.

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crowd in front of people playing musical instrument during nighttime
Family Fun and Entertainment

Pretending as a royal to skip the queue for concert. Hmm…

I hate queuing for food. Perhaps 10 minutes is okay but I will never queue for even half an hour no matter how famous the restaurant is. I will come another day or I will find another place. I have a friend who refused to even queue for food because he said, “I am not a prisoner…” I think his comments are a litttle extreme but nevertheless, I think people dislike queuing. However, I will never try to skip a queue if I am in a queue. Fairness is important to me and whoever came earlier should go in first and it should be first arrive, first to go in.

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people inside the building
IPO / Equity / Stock Market

S P Setia’s RM1.5 billion REIT is on the way?

Are you thinking about property and you think you like the professionals to manage it for you instead? Real Estate Investment Trust (REIT) may be what you are looking for. Here is one recent article with lots of REIT choices which you could review and decide. Benefits of investing into REITs, another one is coming. I think these days I look at REITs more often because I think it’s generally low risk lah. You already can see what the commercial property which is owned by the REIT looks like. No need guessing even.

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person holding a smartphone
ABCs of Personal Finance

Oh no… Bursa Malaysia is in the red with over 1,000 counters in the red

People buy shares for many reasons. Some believe it’s a good way to earn dividends and thus they will keep these for the long term. Some are buying because of some news saying that ithe price will rise or they have some belief based on their own analysis that the stock price will rise.

Some are full time traders, buying using some formulas or calculations which is derived from historical patterns. Of course there are some who just love the brand and they buy the stock. Some may even be buying because of the free gifts they receive during the shareholder meetings. Haha.

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