Speculator vs Investor

"People who invest make money for themselves; people who speculate make money for their brokers.”

- Jason Zweig

INVESTORS

An investor would carry out background research to:
1. Understand the company’s business.
2. Protect from losses by buying company stock when it’s undervalued.
3. Avoid succumbing to “herd mentality” by buying into hotly-tipped stocks.
The investor would do well, look forward to the assurance of adequate returns and safety principal.

SPECULATORS

Speculators are akin to gambling which carries high risk. And if you consider the matter carefully, would you want to put your hard-earned income to such an uncertain outcome?

Normally, what they buy:
1. A whispered “hot tip” that a particular stock will soon rise in value.
2. Without doing any research on the company, its past performance, or its dividend yield.
3. Media hype on the stock.

beautiful words

Someone has written these beautiful words. Must read and try to understand the deep meaning of it.

They are like the ten commandments to follow in life all the time.

1] Prayer is not a "spare wheel" that you pull out when in trouble, but it is a "steering wheel" that directs the right path throughout.

2] So a Car's WINDSHIELD is so large & the Rear view Mirror is so small? Because our PAST is not as important as our FUTURE. So, Look Ahead and Move on.
3] Friendship is like a BOOK. It takes few seconds to burn, but it takes years to write.
4] All things in life are temporary. If going well, enjoy it, they will not last forever. If going wrong, don't worry, they can't last long either.
5] Old Friends are Gold! New Friends are Diamond! If you get a Diamond, don't forget the Gold! Because to hold a Diamond, you always need a Base of Gold!

6] Often when we lose hope and think this is the end, GOD smiles from above and says, "Relax, sweetheart, it's just a bend, not the end!
7] When GOD solves your problems, you have faith in HIS abilities; when GOD doesn't solve your problems HE has faith in your abilities.
8] A blind person asked St. Anthony: "Can there be anything worse than losing eye sight?" He replied: "Yes, losing your vision!"
9] When you pray for others, God listens to you and blesses them, and sometimes, when you are safe and happy, remember that someone has prayed for you.
10] WORRYING does not take away tomorrow's TROUBLES, it takes away today's PEACE.

Apple Quarterly Result

Apple (AAPL +2.67% to $386.9) posted 3Q EPS of $7.79 ($5.87 expected), a record high quarterly figure, vs $3.51 a year ago on sales of $28.6B (also a record), up 82%. In the quarter the Co sold 20.34M iPhones, up 142%, 9.25M iPads, up 183% and 7.54M iPods, down 20%. CEO Steve Jobs said: "Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall." The Co forecast 4Q EPS at appx. $5.5 vs $6.41 expected.

Warren Buffett “Would Bet Very Heavily Against” a Double-Dip

Warren Buffett says he sees “nothing that indicates any kind of a double-dip” recession is coming, and that he’s seeing improvement and hiring gains in the vast majority of Berkshire Hathaway’s businesses. Buffett also talks about the overall employment situation in this interview with Bloomberg.



http://www.youtube.com/watch?feature=player_embedded&v=nBF6RDMaoTs

Singapore has jumped three places to become the sixth most expensive city

17-June-2011
Singapore has jumped three places to become the sixth most expensive city and third most expensive country in Asia, according to ECA international's latest cost of living survey. The high cost of living in Singapore was explained by the continued strength of the Singapore Dollar against major currencies.

It is now more expensive for international assigned to live in than Hong Kong, New York, Amsterdam, Frankfurt and Shanghai. Good & Services commonly purchased by international assignees now cost almost 3% more in Singapore than in Hong Kong. Just a year ago, they cost 5% more in Hong Kong than Singapore.

The Highest FD interest in Malaysia (26/6/2011) - 4.7%(annual) for 5 years

FD Savings Product(MBSB):-
Exclusive 5

Tenor Months                          Half Yearly Interest% Payment
         60                                              4.70

Product Link :- http://www.mbsb.com.my/deposits_fixed.html
 
Nowadays, interest is increasing. It could be a good idea for those who prefer low risk savings plan to lock the high interest rate at this year before crisis "return". I would recommend this product because it gives the highest interest rate compare to bank.
 
Any Risk?
If you read the MBSB company background, this company is one of subsidary under EPF. I personally think the risk is extremely low unless EPF/KWSP collapse :)
 
 
 
 
 
 
 
 

News : US Dollar Jumped against most of its major counterparts

US Dollar jumped against most of its major counterparts on Thursday. On the US economic front, US Initial Jobless Claims for the week ended June 18th rose more than expected at 429K (415K expected). According to the Commerce Department, new home sales for the period of May fell 2.1% to a seasonally adjusted annual rate of 319.000 (-4% and 310K expected).