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Monthly Archives: January 2011
Market Outlook for FKLI
The FKLI is consolidating around the 1570 level this week and it will separate the bulls and bears, with 1565 and 1575 as next major breakout point next week. So, it’s not encouraged for those who plan to have ‘SHORT’ … Continue reading
Posted in Bank & Investment
Tagged Add new tag, FKLI 2011, FKLI Tips, Futures Kuala Lumpur Index, KLCI, Malaysia Futures Trading
1 Comment
Futures Trading Tips on FKLI
Today, our FKLI futures index went up 2 points to close at 1564.5. I can see that the moving average is at a reduced pace now. As I known, no trend could goes up forever. The reason why FBM KLCI … Continue reading
Will KLCI Hit 1600 Level?
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) break new record high for five days continuously. This is a great start for Malaysian market in 2011. I was shock with the result since beginning of this year as … Continue reading
Gambling Winnings Tax in US
In Malaysia, any lottery or casino winnings will not be taxed. If you win one Million Ringgit Malaysia, you can just keep that money, not having to pay any tax for it. But, in US country, once you win on … Continue reading
EPF Employee Contribution Rate Revert to 11%, Good or Bad?
Before that, our government allow employee to reduce their EPF contribution from 11% to 8%. However, start from this month, the EPF employee contribution rate will back to normal which is 11% while their employer’s contribution rate still remains at … Continue reading