Malaysia Financial Blogger | Financial Freedom Ideas | imDavidLee.Com

My Investment Challenge Experience

OSK Investment Challenge provided me the opportunity to invest in stock market with a virtual capital of RM100,000. During the investment period, I have learned how to invest, polish my trading skills and reap the returns within short period of time. Indeed, I have truly enjoyed this investment challenge which has contributed to my investment success.

Certificate of Participation

The Investment Challenge started from 4th - 28th October, which is about 18 trading days. Most importantly, I can make use of it to test my stock trading mechanism, tactics to analyze a stock potential, market forecast techniques and financial management skills. As a result, I have proven some positive return for almost 90% of the stock that purchased by just applying defensive trading technique.

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Recession an Opportunity for Investors

In 2008, the markets haunted by the sub prime crisis and skyrocketing fuel prices as well as high food prices. Today in 2011, we are now faced with a problem that seems to be inevitable. We are faced with an imminent problem which is credit crisis.

The Central Bank of America or Federal Reserve tries to stimulate the economy that was believed by many to be headed for disaster. But, most of the time the result was a short term boost in the stock market that lasted only a few weeks. Now, much economist fears that we are headed for a economic slowdown.

Although recession can create many problems for our economy, it still can allow investors to make some money. Before making any investment during a recession, you have to know how the market behaves first. In general, the following things are usually observed:

i. The stock market is the first to be affected. During a recession, household income decreases, this will cause household spending to be reduced. When people spend less money to buy products, companies will suffer, and as a whole they will make less money and lower earnings. Lower company earnings will in turn reduce its stock price.

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My Investment Tips: Investing in IPOs

Initial Public Offering (IPOs) used to be popular, mostly it allows investors to invest in a company at a discounted rate. It also means the opportunity cost of investing money in a company that has not been listed on the stock market.

For the year to Aug 29, there’re about 26 IPOs came onstream, compared with 21 last year. Based on statistics, the value of new IPOs has been lower so far compared to last year.

IPOs Listed on Bursa Malaysia in 2011

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Comparison Between Gold Investment Accounts

Based on my survey, I noticed that Maybank offers the lowest entry barrier with a minimum deposit of 1g. Besides that, it also imposes the lowest minimum balance of 1g. In contrast, UOB requires the highest minimum initial deposit and balance although if offers the smallest spread.

Invest in gold can allow you to reap favorable returns from appreciations in gold prices. However, it will also come with risk and you need to evaluate it properly else you will make a loss if the price of gold plummets.

Comparison Between Gold Investment Accounts

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Gold Investment at Malaysia

As everybody now, gold investment account is getting popular nowadays. It allows you to buy, sell and keep track of your gold transaction via a passbook.

There are many banks for you tom open gold investment account. Investor can always select their preferred choice to invest in. What they need to have is just a savings or current account at the bank in order to open a gold investment account.

Gold prices hit a record high at US$1,911 an ounce last 2 months ago. A year ago, the gold buying price ranged from RM121 to RM123 and the sell price ranged from RM126 to RM128. But, at the end of August, the buyer price ranged from RM174 to RM178 while the sell price ranged from RM180 to RM185. So, the gold price has proven its strongest investment vehicle during economic crisis period.

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Invest in Bonds or Stocks in 2011?

Are you wondering whether you should invest in bonds or stocks in 2011? I can’t tell you that you should load up on stocks and dump bonds this year.

First of all, there’s no evidence that any market analyst can predict the market returns consistently for each year. If you ask 1,000 market analysts, you can’t find anyone who gets it correct for each year. So, it’s not a good idea for you to load up on stocks or bonds based on what analysts think. We should know that all of them are just guessing.

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Invest in Foreign Currency Account?

Somebody asked me before, is that good to keep foreign currency and earn interest? Foreign currency current account offers a form of savings in the currency of your choice. You are able to hold on to the currency and convert it into ringgit when necessary or when there is also beneficial to those who receive and pay expenses in a foreign currency, such as businessmen who frequently travel abroad and those who work overseas or paying education fees overseas.

The account holder may earn interest on his balance. The interest rate, if any, is generally calculated on a daily basis subject to a minimum day-end balance, and credited to a monthly basis. The rates vary depending on the foreign currency and interest may not be given for certain currencies. Also, rates are subject to change without prior notice.

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