Saturday, June 23, 2012

Investment Quote of the day

Investors should be: Select a good quality companies, invest with reasonable price, wait for the company to grow up and enjoy the benefits of dividends or capital appreciation. The rest of the time should be "eat, drink and enjoy life".


Monday, June 18, 2012

Financial Freedom - Do you?

Two weeks ago, I meet his wife. She told me, her husband disappear few days ago. His husband already did not pay the monthly instalment for 3 months, hence, the newly bought car was taken away by the bank. Loan shark also came to her house seeking for payment.

I was never think of such a good person will left his wife. Where is love? Is love or money important? I would say, both head and leg are equally important. The fact is, love without money, you can not build home. He was indeed living hand to mouth.

I think if he have proper financial knowledge, he will not face this kind of problem. Knowing what you want and what you need is really important. Buying a big new car and finance with extra loan? Don't forget, you need to pay insurance, road tax and maintainance. Why don't use the small car or take public transport or may be taxi?

Another example, handphone is something we need, but iPhone is something we want. Of course, if you have really a lot of income, then go ahead to treat yourself better. Financial independence is more important than displaying high social status.

Living without saving money, is a problem. If you are employee who enjoy high income, you should save money. As you wouldn't know when you will lost your job. If you are a business owner, saving is a must. As the business income is not guarantee. I will not call it save for the rainy day, but save for Financial Freedom or joyful day. Allocate some time, energy and money in ways conductive to building wealth.

Friday, June 15, 2012

Maybank's Gold Investment go online

Last year, I posted inquiry to three Malaysia largest bank, say investors are looking forward to buy gold online. None of them reply my query. I thought they already forgot. Until recently, noticed that “Maybank Gold Investment Account” now enable investor to buy and sell gold online, I believe this is the first bank in Malaysia to allow investor buy and sell gold from online internet banking. They even got the special promotion till 30 June 2012, for details, read the below:

The spread of buying and selling price is bit high. For example, today's Selling and Buying price are RM169.40 and RM162.28 per gram. (Gold price in today's quote USD1618/ounce) Meaning the bank will make the profit no matter the gold price up or down. For instant, if a customer buy 10 gram of gold, the bank will earn RM70++. 
This is good news from investor point of view, I will give another good mark to Maybank, thumb up!! In next few months, I expect the other two banks will follow soon.
p/s: add on Aug 2012, beside Gold, now investors can purchase Silver as well, it's another added point for Maybank.

Monday, June 11, 2012

Reit Dividend Review 2012

The overall REIT portfolio are doing very good in the volatile market. We experience US market down trend which started last month, but overall, the REIT counters are flag.

Below tables show the total dividend payout by Malaysia REIT for the year of 2011 and 2012.

Right now, Amfirst Reit become the highest Dividend Yield stock in the market. However, there's the potential decrease of dividend payout, hence, this is not the good choice for the time being.

Since REIT price is almost stable, it's better to add those REITs that with potential increase of dividend payment. I recommend Hektar, Axreit and Qcapita for those who want to increase their portfolio holdings.