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Investment Talk We're now living in a world of challenging global economy where changes take place at a rapid pace. Investment Talk offers concerned Malaysians the opportunity to express their opinion on the performance of our country's economy in various sectors -- market watch, property talk, money market and others like unit trusts, bonds, bonus, dividends etc.

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Old 29-09-2005, 09:09 PM
foon foon is offline
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Join Date: Oct 2004
Posts: 2,267
foon is off the scale

Wow, I39, finally we've some other voices over here besides you and me. [img]graemlins/icon_nworthy.gif[/img] [img]graemlins/icon_nworthy.gif[/img]

BBR, it is not necessary to contribute views, you can always ask questions. We can't guarantee an answer but we shall try to answer.

OT, you are always welcome to share us your view on the economical condition in the states. As a matter of fact, what is happening over there is closely associated with the economy over here.

IMO, try to save more for the rainy days as the rain is on its way. I just hope that it would be a drizzle instead of raining cats and dogs.
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Old 29-09-2005, 09:47 PM
KHS_Ipoh KHS_Ipoh is offline
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Join Date: Mar 2004
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KHS_Ipoh is off the scale


How to share OSA info?
Anyway, from what's known and is pubic info, M'sia have been on a deficit budget for many yrs, liao. Most of its riches are gone into white elephants, notably... twin towers, KLIA, F1 race track, etc. then, we have Proton. No, ayam not saying that it's a cumplete waste, it's just that it's too premature to built them.
Before anyone shoots me that money needs to move to stimulate the economy, let me say that there are other more pressing projects that can be built e.g. better and more schools, water and electricity supplies, roads, opening up of more land (FELDA), etc.

KLSE? Aiyoyo..., it's a casino and it's mostly cuntrolled by cronies. However, there are some good stocks which have great NTAs and most importantly, the management is not some UMNOputra. Lots of research must be done and one must always be on his/her toes 'cos ANYTHING can and WILL happen to cause that cumpany to go to Holland.

That's it for the meantime. Gotta go and check if there's any new song by hop2, liao. [img]graemlins/wave.gif[/img]

Say TAK NAK to Barang Naik govt.

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Old 29-09-2005, 09:49 PM
kris kris is offline
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On the economic outlook, looks like it's all gloom and doom predicted eh? There isn't any good news, is there? Err...maybe the peanuts they announced like road tax halved for lower cc cars , petrol price will stay till end of year... . Wonder when we are gonna see light now that we are going through the tunnel.

[ 29.09.2005, 09:50 PM: Message edited by: kris ]
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Old 29-09-2005, 09:53 PM
Rooster Rooster is offline
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Join Date: Jul 2005
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Well, the government seems to suggest that there will not be a substantial reduction in public expenditure, in order to boost the economy. Then this can only happen with placing more burden on the public as the government has not enough funds (implying a budget deficit). At the end of the day, I think, our purchasing power will be further eroded.

Like I mentioned last time, hold on with any property purchases as you would be riddled with unnecessary debt coupled with higher financing costs in the future as the government would need to increase its interest rates to reduce money supply and push the Ringgit upwards. If not we will not be competitive in our prices (since production costs would fly up if the ringgit weakens)and foreign goods would be more competitive even for local consumption. Look what is happening to Proton.

At the end of the day, I agree with I39, must increase productivity and competitiveness to stay afloat. Focus on human capital, technology and modernisation. Do away with hidden costs ie corruption, wastage and projects with no multiplier effects.

With a strong ringgit and competitive exports, we may be able to ride the storm.

However, if the property tax rebates are so good and you have extra cash, then I'm sure it would be worth buying and holding on long for future capital gain. But if the Ringgit drops/slumps then we are doomed again and there will be no difference. Better just put your money in foreign currencies on fixed term.

So the policy makers have a lot to look into and not just play around with statistics to please certain quarters and come up with short term solutions to make people happy.

But with the rising fuel costs and rather dull global outlook ie terrorism (which is a real wastage of resources)....it is going to be an uphill battle.

So I think, we should be more frugal in our spending and focus on savings.

These are just my opinions for all. Please do not base your investment and financing decisions on my opinions. How about your views?
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Old 04-06-2013, 04:14 PM
annedavis annedavis is offline
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In connection with the inflation rate, there's been a ton of discussion about how Americans do not save enough cash. While it is certainly true that careless spending is negative, what a lot of people don't comprehend that they actually lose cash if they save it. The reason has to do with inflation, which makes most savings accounts almost unnecessary to have. Read on.. Even if Americans upped savings, inflation makes it pointless
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