Lowyat.NET: Latest topics by terence_say

Geran syarat kepentingan

terence_say — Sat, 23 Jun 2018 11:34:33 +0800

Hi, when I look through my property geran, there is a syarat kepentingan as below, is it normal syarat? Or have any limitation when I want to sell my property?

Tanah yang terkandung di dalam hak milik ini tidak boleh dijual atau dipindah milik dengan apa cara sekali pun kepada Bukan Warganegara / Syarikat Asing tanpa persetujuan Pihak Berkuasa Negeri

Order for sale for deaceased case

terence_say — Sat, 16 Jun 2018 01:08:08 +0800

Hi, any sifu here know it need how Long to obtain order for sale for deceased case?

Currently the property land search show:

Name A - 50%
Name A (as administrator of Name B) - 50%

in such case, it will need order for sale to complete the transaction, anyone know how Long it takes?

Thanks

<WTS>IPAD MINI 1st GEN 16GB

terence_say — Mon, 10 Aug 2015 23:32:36 +0800

Item(s): IPAD MINI 1st GEN 16GB

Package includes: IPAD MINI, ORI BOX, THIRD PARTY CHARGER AND CABLE, GOOD QUALITY SMART COVER

Price: PM or Whatsapp me your price

Warranty: none

Dealing method: COD at JB area or courier by Skynet

Location of seller: Johor Bahru

Contact method/details: PM me or whatsapp me at 018-7777 230

Age of item: 2 years

---

Item(s) conditions: 90% and above. Very careful owner

Picture:

Reason for sale: Upgraded to latest version Ipad

<WTS> IPAD MINI 1st GEN 16GB

terence_say — Mon, 10 Aug 2015 23:05:46 +0800

<WTS> IPAD MINI 1st GEN 16GB
With Ori box and 3rd party smart cover

90% NEW

Bought from Singapore Apple store.

PM me or Whatsapp 018-7777 230 with your desire PRICE.

Any good UT recommend for medium term goal?

terence_say — Sat, 07 Feb 2015 20:32:29 +0800

Any good UT recommend for medium term goal?

Plan to hold for 5 to 10 years.

Have buy some stocks myself but plan to invest a little lump sum into UT to compliment my portfolio.

Any advice or recommend UT?

Thanks.

Maybank aspire account

terence_say — Mon, 15 Dec 2014 17:23:58 +0800

comprises customers with minimum Investable Assets of RM50,000, Total Financial Asset of RM250,000 or a monthly income of RM6,000 and above. “They have increasingly different lifestyle needs which we believe presents us an opportunity to create a separate niche market.”

If I only have around 15k fixed d with maybank but my monthly income above 6k

Can I apply for this account ?

Any maybank banker here?

Thanks

WTS : IPHONE 5 BLACK FOR SELL RM1300

terence_say — Tue, 17 Jun 2014 16:33:34 +0800

Item(s): IPHONE 5 BLACK

Package includes:

With Box : YES. Box serial number is different with Iphone.This is a Singtel set and I had do a 1 to 1 warranty exchange with Singtel before.

With Charger : YES(ORI)

With Cable : YES(3rd party)

With Earpod : NO

Price: RM1300

Warranty: NO

Dealing method: COD AT JOHOR BAHRU OR COURIER BY SKYNET FOR FREE

Location of seller: JOHOR BAHRU

Contact method/details: 018 7777 230

Age of item: 19 MONTH

---

Item(s) conditions:

There is a small scratch on the right top, others part are OK.

Front and back protected by screen protector.
Front are branded tempered glass screen protector.

Picture:

Reason for sale:
Now using MI3 and ready to upgrade to Iphone 6 once release.

10 Questions to ask before buying stocks

terence_say — Tue, 22 Oct 2013 10:20:21 +0800

Before you invest, you have to do your own research and analysis. After all, there is no such thing called “free lunch” in the world. I have read an online article about the 10 questions to ask before buying stocks. Here I would like to share my own version:

1. What kind of business is the company doing?

2. Will the company still exist after 10 years? In other words, can you imagine if it will close down in the near future?

3. Is the company making profit now? If not, what is the reason behind?

4. Does the company have potential for future development? What is the plan?

5. As consumer(s), do I or others like to use products or services provided by the company?

6. Is the company competitive enough to have a place now in the industry?

7. Are the P/E ratio, Earnings Per Share (EPS), Net Tangible Assets (NTA), and market value relatively reasonable?

8. Is the company having serious debt problem? How is the cash flow?

9. Do you agree with the company’s vision and management style?

10. What is the company history of paying dividend? What is the dividend policy?

After you answered these questions, you already have a basic idea about what you are going to invest in. Even there are many other recommended choices, but you have to do research to see if it the company is really worth your money. Do not ever blindly follow the “market tips”; use your judgment when reading analysis reports. There are tons of them out there. Remember, you are fully responsible for the gain/loss you make in the market.

Translated by Mr Wai © LeInvest.com

Source:http://www.leinvest.com/en/10-questions-to-ask-before-buying-stocks.html#.UmXeoflmiSo

The “Brain” behind the Big Corp

terence_say — Wed, 16 Oct 2013 12:01:18 +0800

I read a book a few years ago. Despite forgetting the book title and author’s name, I still remember the main idea:

We try to understand a company’s business, revenue, net profit, prospects etc to decide if we want to invest our money. However, according to the author, there is another factor: the company “brain”.

The “brain” can be the company leader, major shareholder or the management team. They have the final say on the company’s policies and direction.

The “brain” can also be the company leader’s decision-making and management abilities thataffect the business, profit as well as stock price. A good “brain” is capable to make the best decision to maximize profit, by forecasting the trend effectively and overcoming the challenges.

Put it in a simple term, if the “brain” is not working well, the company will collapse.

As investors, we have to be confident on and trust the company “brain” before we really put our money in it. This is exactly the same as business partnership: if we want a good partnership, having confidence on partners and trust are essential.

I agree with the author,but have a different interpretation after years of working experience: knowledge, good decision-making skills and management are crucial, but most importantly, a good “brain” must be ethical. An ethical “brain” will make sure all of the shareholders’ benefits are protected, and be honest about the company status.

We have seen so many negative cases nowadays: the “brain” is a good leader in terms of managing company and bringing in profits. On the other hand, he/she also does many other things wrongly: care about own benefit and disregard others’, conceal bad news and spread fake news to boost the stock price. Think of Enron and Lehman Brothers, these are the classic examples of “bad brain”.

A good “brain” will lead the company to go extra mile (so is the stock price),but a bad one will only lead you to failure. It is worth spending more time to identify the good “brain” of the company. After all, everyone wants to be successful in the stock market, do not let the bad “brain” bring you down.

Translated by Mr Wai © LeInvest.com

http://www.leinvest.com/en/the-brain-behin...ml#.Ul4OulBmiSo

To stock market first-timers

terence_say — Thu, 19 Sep 2013 18:29:56 +0800

Author: Ah-Boon

A few days ago, I overheard a doctor bought over 100,000 shares of a RM0.28 stock, with the price of over RM1.30 per share. The reason: rumor has it that the stock price would jump to RM2.

I couldn’t help but shook my head.

The ability to make money has nothing to do with your job position, academic qualification or intelligence, at all.

I have many friends who have years of experience in investment; most of them never bother to check the company’s business, revenue or profit. They only follow other people’s foot step.

If the stock market veterans do not even care about doing research, what about the first-timers?

Not all first-timersfully understand the company they invest in. I believe most of them buy stocks based on advices and suggestions. The source?Newspapers and word of mouth.

That does not mean that we should not abandon our critical thinking ability.

Consider these two scenarios:

Scenario 1: your friend is telling you: “company ABC earns a handsome amount of profit in this quarter. It has good dividend history and no debt. Currently it is holdinga lot of cash but the stock price is under-valued. If you buy the share now you have to keep it for a longer period……”

Scenario 2: your friend is telling you: “company XYZ is being spotted by traders, and I overheard a son of a minister is going to invest in it, so the price will go up very soon. You should buy it now while the price is still low, then sell it with higher price later……”

Both are typical market “tips”, however if you think carefully, you would trust first tip instead of the second one.
If you choose the first company, you make the judgment based on the company’s fundamentals: its business, revenue and profit, dividend. This is the right attitude.

If you choose the second one, you make judgment based on speculation. You didn’t bother to do research and only followed rumors. The fact is:you will lose money eventually.

You can have little experience in the market, but you must have the ability to distinguish good or bad news.

In other words, if you cannot distinguish the news, you cannot distinguish the companies to invest in.

Remember, always think critically and objectively, because what you think is more reliable than what you hear.

Source: http://bblifediary.blogspot.com/2013/09/blog-post_9.html

Translated by MrWai © LeInvest.com

（By icy, Copyright © LearnInvest)

Source: http://www.leinvest.com/en/to-stock-market...ml#.UjrPwcZplZ0

The five rules for saving

terence_say — Mon, 09 Sep 2013 11:44:58 +0800

It has been 4 years since the 2008 global financial crisis, but the economy is still gloomy. Working class people, like you and me, are still facing potential risks such as pay cut or retrenchment.

To survive, we must be extra careful on our money: from being “offensive” (spend more) to “defensive” (save more). Here are five rules for saving recommended by a Japanese economist:

1. Find your own way

Some families have higher household income, but not much savings because they spend more. On the other hand, some families have more savings even without higher income. Saving is an art: the skill to control expenses while increasing income through other sources. Whether you prefer “save a monthly fixed amount” or “save as much as I have” methods, you need to have a good understanding of your financial status and choose the most suitable one.

2. Control your desire

During economic downturn, the only winner is the one who has cash on hand. Do not attempt to make any high-risk investment just because you feel it is the “right time”. Chances are: you will be more likely to lose money.

3. Do not, ever, touch your fixed deposit

No matter how difficult the situation is, do not ever spend your hard-earned money in fixed deposit. You can either save in fixed deposit for a longer period, or buy a long-term bond. These help to prevent excessive spending.

4. Forget the “My Home” dream

Our society has gradually become an aging population, so there will be more empty houses in the future and the price will drop eventually. It is not advisable to buy a house with the current skyrocketing price. Do not carry more debt just because you want to “own a home”. Save your extra money for a rainy day.

5. Finish your food, and utilize your household appliances

Here is one good habit to train your money sense: do not waste food or buy unnecessary household appliances. As time goes by, it helps you to save up a big sum of money.

Translated by Mr Wai © LeInvest.com

Tips to stock market beginners: from a beginner

terence_say — Wed, 04 Sep 2013 12:21:36 +0800

If you started to invest in stock market, congratulations! You have found a new element to make your life become more interesting. In stock market, your mood can be bipolar: from extremely sad to extremely excited within split seconds. Mind you, you hardly experience it anywhere else.

In stock market, you will learn that how a small company transformed into a big corporation; you will see investors chasing stock prices like dogs chasing their tails; you also find various investors’ personalities and strategies used in the stock market; but most importantly, you can observe how your emotions and feelings fluctuate with it.

Some of you might think that I am a veteran who makes big money in stock market. Honestly, I started investment 2 years ago and fortunately made some profit from it. I sincerely believe that sharing is caring, regardless of how many years of experience I have. You may easily find hundreds of books by investment “gurus”, but none of them is by amateur investors. Sometimes, amateur investor’s experience is easier to be absorbed by people who invest in stock market for the first time. Imagine a professor teaching in primary school. How to expect the students to understand when the levels are different? It becomes a waste of resources.

Based on my own experience, I have summarized a few tips:

1st: diversify your investment

No matter how much we know or how confident we are about the market, there are a lot more unknown risks. At times we can become very subjective: only see the “reality” we choose to see and ignore others. To avoid losing all of your money in one shot, you must diversity your investment. For example, if you have RM10k capital, you invest on five different stocks to minimize the risk. “Five” is a manageable number; too many stocks will make you distracted, and too few stocks will make your investment be less diversified. There are always good stocks floating around, so do not investment all of your money in only one stock (especially when the stock is bad!).

2. Make learning, but not making money, as your main purpose

Investment is a long journey. You should make learning as your first priority when you invest. As time goes by, you gain more knowledge about the market, and the money will come to you naturally. If you were desperate to make money, you would only invest based on rumors and gossips, but not on facts and figures. How many people are lucky enough to make big money using rumors and gossips?

3rd: Read more

The easiest way you can learn about stock market is to read about successful investors. Every investor has his/her own success factors. By studying their success factors you will be able to avoid as many mistakes as possible. Remember, you pay for every mistake you made in the market, and the price is not cheap.

4th: Use various analysis strategies

You can choose fundamental analysis as your main strategy, but do not neglect technical or trend analysis. Every analysis has its unique features, learn more about them and you will find the suitable one for each stock.

Finally: establish your own strategy

Every investment strategy ties to the investor’s skills and personality. Learn more about various strategies, choose the one that you find the most suitable and apply it. Only the strategy that suits you can let you have peace of mind while making money in the market.

Remember, investment is not a tool; it is an attitude.

Source : http://www.leinvest.com/en/tips-to-stock-m...ml#.UieHfzY3qaA

From playing magic to grilling chicken chop

terence_say — Mon, 02 Sep 2013 00:25:05 +0800

Wei Ming was from a middle-income family. When he was young, he showed little interest in studying as he felt that it did not teach him the skill of earning living. At 13 years old, he started to work part-time during school day to ease family’s financial burden. After form 5, Wei Ming went to Singapore to earn his living, thus met the current girlfriend – Shu Jun. however, sub-prime crisis happened, most of the Singapore companies were retrenching employees, including Wei Ming. The worst part was: he was carrying a huge debt due to proper financial planning. Until one day, a friend recommended the book <Rich Dad, Poor Dad> to Wei Ming; it changed his concept of personal finance completely, and inspired the poor couple to start their online shopping business. However, they were required large amount of time on browsing internet that drained their energy. Soon, Wei Ming decided to be a magician after watching the celebrity magician Louis Chen’s performance.

The journey of becoming a magician

At 24 years old, they started selling magic props, instructional lessons, and performing on stage. During that time they could easily earn RM400-1500 for a 30-minute performance. However, Wei Ming chose to change the career path once again. He felt that this career was not sustainable. More and more people wanted to be magician, but less and less people willing to pay money to watch the show.

Taiwan Trip = life-changing trip

In end of 2011, they travelled to Taiwan and tasted all the nice foods in Taipei. In front of an inconspicuous shop, many people were queuing up to buy the charcoal-grilled chicken chop. They realized that this was a new yet delicious recipe for Malaysia market. If they were able to bring it back to Malaysia, it would become very popular. They sold all of their magic props in Malaysia, returned to that shop every day and begged the owner to teach them the recipe. Eventually the owner agreed to teach them the secret recipe with one condition: working in the shop without any pay.

Stay away from hometown

After 6 months, they finally learnt the recipe and started their business at Kuala Lumpur, instead of their hometown Johor Bahru. Why? Wei Ming felt that KL had more potential for their business, but the most crucial factor was that he wanted to stay away from hometown. Without comfort and support, it would force him to be success in his business no matter what.

The obstacles

The young couple opened their stall at Petaling Jaya SS2 Wai Sik Kai (Glutton Street). At the beginning, they were cheated and almost lost money. This was just the start of a series of problems: lack of market research, no cost control, no suitable suppliers, no business etc., they were making loss every month, not to mention the physical and mental stress. Shu Jun recalled that she only slept 4 hours a day, with merely less than RM100 revenue. Others suggested them to close the business within 3 months, since it was so bad. Wei Ming felt extremely stressful and sorry to Shu Jun.

The “Mentor”

Despite the hardship, both of them had a very positive attitude. Thanks to the fact that they liked reading and attending entrepreneurship courses to upgrade themselves. They kept telling themselves: “this difficult situation will be gone very soon, hang on!” A quote from Jimmy Lai (the founder of Hong Kong newspaper Apple Daily and apparel retailer Giordano) had become their source of motivation: “you must have a humble beginning in business, because you will need to pay much more when you start your business big, but the experience gained will still be the same.” Shu Jun said that if they chose to rent a lot in shopping mall, they might have been bankrupt long time ago due to the expensive rental.

Mistakes à Correction à Re-action

The young couple learnt from mistakes and continuously improved their products to match customers’ preferences. With the improved recipe plus good customer service, they have built a strong brand in two years. Customers are coming every day to try the special charcoal-grilled chicken chop. The two young entrepreneurs were ambitious too: they planned to expand their outlets to have bigger customer groups.

Conclusion

During the interview, I asked a few typical questions such as “why were you so brave to start your own business?” “Why did you decide to make career switch?” Wei Ming’s answer is straightforward: “I do not think much, I do it because I need money.” Many people want to own a business, but never have the courage to make the first move. Why? They are afraid of failure, afraid of not able to gain as much as they invest. If one possesses a positive attitude, correct the mistakes faced, and take action again, he/she has nothing to be afraid of, and this is the attitude every entrepreneur has.

Original Articles : LearnInvest

BNM:Banks to charge 50 sen to process a cheque

terence_say — Thu, 21 Mar 2013 10:18:21 +0800

Banks will impose a cheque processing fee of 50 sen on the issuer of the cheque with effect from April 1, 2014 as Bank Negara Malaysia (BNM) sets a new pricing strategy to promote greater efficiency.

The central bank said on Wednesday this fee would be in addition to the existing stamp duty of 15 sen per cheque leaf.

“During the one-year period, BNM will work closely with the financial industry to further improve the payment infrastructure to ensure payment services are easily accessible, secure and convenient,” it said.

“To reduce the cost and inefficiencies associated with the use of cheques, the charge for cheques will be progressively increased to reflect its production cost, which is currently at RM3,” it added.

The new pricing strategy for payment services was to address the current price distortion between electronic payments and paper-based payment instruments. BNM said the fee for electronic payment methods would be reduced to incentivise businesses and consumers to adopt the more cost effective electronic payment methods while charges would be levied on cheques to reflect its higher cost.

Effective May 2, 2013, the fee for Interbank GIRO or IBG transactions done online via internet banking and mobile banking, would be at 10 sen.(which is currently RM2 to RM3 )

“The low online IBG fee is aimed at providing the incentive for users to switch from other more costly payment methods to lower cost alternatives,” it said.

BNM said online payment would provide significant benefits to individuals and businesses.

It pointed out individuals would enjoy the convenience of transacting anytime anywhere, avoiding the queues at bank counters while businesses can lower the costs of doing business through the reduction or redeployment of resources used for handling cash and cheques.

With more payments done electronically, BNM said there would also be cost savings from manual processes including postage.

In addition to cheques and IBG, adjustments in pricing for the other payment channels and methods, including automatic teller machines (ATM) will be phased in progressively to steer consumers to adopt the more cost effective electronic payment methods.

By 2020, pricing of all payment services would be based on the cost of providing the service.

Source: The Star

（By LearnInvest, Copyright © LearnInvest)
http://www.leinvest.com/en/banks-to-charge...ml#.UUptzBxkOgw

U.S. Vs. China: Battle To Be The Largest Economy I

terence_say — Thu, 21 Mar 2013 10:17:37 +0800

The United States has been the world’s biggest economy since 1871, but that top ranking is now under threat from China. The Asian giant has achieved economic growth averaging 10% since it initiated market reforms in 1978 and, in the process, lifting almost half of its 1.3 billion population out of poverty and becoming the undisputed second-largest economy. China’s gross domestic product (GDP) – in terms of current prices and market exchange rates – was estimated by the IMF at approximately $8.25 trillion in 2012, which is just over 50% of US GDP of approximately $16 trillion for the same year. While that is a significant gap that may take China many years to close, using another measure known as Purchasing Power Parity (PPP), China is forecast to race past the U.S. in just a few more years.

PPP and Its Relevance
PPP is essentially the implied exchange rate at which the currency of one country would have to be converted into that of another country to buy an identical basket of goods and services in each country. One of the best-known examples of PPP is the “Big Mac” index, published by the Economistmagazine, which calculates simplified PPP exchange rates based on the popular McDonald’s sandwich. The biggest advantages of PPP exchange rates is that they have greater stability over time as compared to more volatile market exchange rates, and they provide a better estimate of consumers’ purchasing power in developing nations.

When Will China Surpass the U.S.?
In November 2012, the Organization for Economic Cooperation and Development (OECD) published an authoritative study on global long-term growth prospects. The study concluded that on the basis of 2005 PPP rates, China may surpass the Euro area’s GDP within a year, and that of the U.S. in another few years to become the world’s largest economy.

Specifically, China’s GDP (based on 2005 PPP) is forecast by the OECD at $15.26 trillion for 2016, exceeding the forecasted U.S. GDP of $15.24 trillion for the very first time. China is estimated to pull ahead of the U.S. steadily in the following years; the Chinese economy is estimated to be 1.5 times as large as the U.S. by 2030 and 1.7 times bigger by 2060. India, for its part, is only projected to surpass the U.S. in 2051, when its GDP is forecast at $33.1 trillion, compared with U.S. GDP of $33 trillion. The IMF reached a similar conclusion in its October 2012 World Economic Outlook report, projecting that China’s GDP of $20.20 trillion in 2017 (based on current, rather than 2005, PPP rates) will exceed U.S. GDP of $19.75 trillion for the first time.

Will It Even Matter?
Only for bragging rights! With a population less than one-fourth that of China, the U.S. is still projected to remain one of the world’s most prosperous economies by 2060. The OECD study forecasts U.S. per capita GDP or income to more than double over the next 50 years, from roughly $43,000 in 2012 (based on 2005 PPP rates) to $92,000 in 2060. China is forecast to boost its per capita income by a stunning seven-fold over this period, from $8,000 in 2012 to $55,000 by 2060.The difference in income levels between China and the U.S. are estimated to narrow substantially as a result. While 2012 per capita incomes in the U.S. were more than five times higher than in China, by 2060, they would only be 67% higher.

How Will the U.S. Cope?
The U.S. will undoubtedly continue to be one of the world’s most important economies for the foreseeable future. The World Economic Forum ranked the U.S. economy seventh out of 144 countries in its 2012-13 Global Competitiveness Report. Although the U.S. has slipped in terms of competitiveness in recent years, it remains one of the most dynamic economies thanks to the innovation of its companies, strong R&D, excellent university system and flexible labor markets. China is ranked 29th, with the WEF noting some deterioration in areas that have become critical for its competitiveness, such as financial market development, technological readiness and market efficiency. Growth isn’t always a great thing, with rapid economic growth over more than three decades leaving China grappling with a host of problems including income inequality, rapid urbanization, environmental issues and demographic pressures due to the aging population.

How Can You Play this Megatrend?
With the countries having grown exponentially over the past decade, investor enthusiasm about thegrowth prospects for China and India is nothing new. So how can an investor play this megatrend of China, and to a lesser extent India, becoming the world’s biggest economies? As GDP expands, the best-run companies in these countries should also grow. The easiest way for an investor to participate in such long-term growth is either though exchange traded funds (ETFs) or country funds. One such example is the iShares FTSE China 25 Index Fund (ARCA:FXI), which represents the performance of the 25 largest Chinese companies such as China Mobile and PetroChina. Another example is the closed-end India Fund (NYSE:IFN), which has been in existence since 1994 and holds Indian blue-chips including HDFC, ICICI Bank, Tata Consultancy Services and Infosys.

The Bottom Line
While the Chinese economy may be poised to surpass the U.S. on a PPP basis in less than five years, the U.S. will continue to be well ahead on most indicators related to living standards and quality of life. However, China’s surging economic clout may result in the country increasingly challenging the U.S. on a number of fronts, including diplomacy and military.

Source: Investopedia

（By LearnInvest, Copyright © LearnInvest)
Leinvest.com

SUKUK

terence_say — Thu, 07 Mar 2013 10:33:44 +0800

Islamic finance has been a fast-growing area of the financial services sector,encompassing a range of products and services that are compliant with Islasmic law,known as Shariah.Since the 1990s,Islamic finance has grown from a focus on sharia-compliant commercial banking and project finance to Shariah-compliant equity funds,real estate funds and,since the beginning of the 1990s,liquidity management tools and fixed income instruments called Sukuk.

Sukuk is the plural of the Arabic word Sak,literally translated as title deed,and refers to the Islamic equivalent of bonds.Sukuk are financial certificates structured principally to comply with Islam prohibition on the charging or paying of interest,or Riba.The fundamentals of Islamic finance require that no interest (Riba) be involved in transactions,that there be no contractual deficiencies(that is,all contractual arrangements arrangements must be transparent,clear to all parties,without unfair punitive clauses and with a proper alignment of interest),and that there be no involvement in unethical businesses.

In practical terms ,these fundamentals mean that Sukuk differ from conventional bonds in some important ways.for example,the prohibition of interest requires that Sukuk,unlike conventional bonds,do not pay interest.Instead,Sukuk are structured so that coupon payments are really lease,rental or profit payments that are passed through to Sukuk holders.In addition,unlike conventional bonds,the principal amount is not always guaranteed by the issuer at maturity.However,a separate purchase undertaking by a third party (or the issuer in some cases)gives Sukuk holders the comfort that the principal will be repaid in full.This technique is important to achieve capital protection without resorting to a loan.

The growth of Sukuk,as securities with fixed income characteristics that are free to trade in liquid secondary markets,can be viewed as a critical response to structural challenges to Islamic finance continued growth.while Sukuk were first reintroduced in Malaysia in the early 1990s,the first modern Sukuk were launched only at the beginning of this century,starting in southeast Asia and Gulf Cooperation Council contries.Bahrain introduced the Sukuk al-Salam and Sukuk al-Ijara instruments to the Islamic market in 2001 while Malaysia pioneered the global Sukuk al-Ijara in june 2002.

Despite the rise in issuance,demand from investors eager to tap into investment that combine relatively high yields with relatively low.

Risks far outstrips supply.This demand comes from Islamic financial institutions as well as fund managers and high net-worth individuals,and it reflects the fast growth of the Islamic banking industry and the increasing appetite for credible,Sharia-compliant,liquid securities.

Would-be issuers such as major Southeast Asian and Middle Eastern companies,together with global financial firms,have been scrambling to exploit this demand.Issues in Muslim countries tend to be banks,sovereigns and sovereign-backed entities.

Until recently ,the funds collected tended to be used mainly to finance infrastructure – related projects,although there has been a noticeable diversification of issuers in recent years.There has also been a noticeable globalization and expansion of Islamic finance products outside their traditional heartland.For international issuers,Sukuk offerings are seen as a way of diversifying their funding base and boosting their profile in the Muslim world,while non-Muslim goverments are keen to foster potentially lucrative domestic Islamic finance industries.

Market Participants

The Islamic finance industry remains highly fragmented with,by some estimates,500 financial institutions (e.g., retail banks,investment banks and asset managers)offering Islamic finance products in over 80 countries.Few Islamic asset managers have global mandates,and those who actually do generally have the capacity to provide only a niche-product offering.

Product offering in Islamic finance have been developing rapidly,but until the appearance of Sukuk they were mainly limited to equities and real estate.

However,the emergence of private banking investors in the Muslim and non-Muslim world necessitates an ever more sophisticated marketing and broadening of the investment universe.

There are,therefore ,gaps in the market for shariah – compliant fixed income products that asset managers with a solid international reputation for retail fund management and experience in managing institutional Sharia-compliant fund can fill.

DR MARK MOBIUS TEAM

（By LearnInvest, Copyright © LearnInvest)

LearnInvest - Your Investment Journey Start Here

Tips On How To Save More Money

terence_say — Wed, 27 Feb 2013 19:27:24 +0800

1. If you receive unexpected cash, put all or most of it into your savings, but continue to set aside your regularly scheduled amount as well. You’ll reach your savings goals sooner.

2. Take care of your possessions. In this way, you’ll need to replace items less. Also, don’t replace items until it’s absolutely necessary. For instance, just because a motor in an electric toothbrush breaks doesn’t mean it stops functioning as a toothbrush. Continue to use it, and when ready go buy a new one or check the warranty.

3. Even if you REALLY want something, ask yourself, do you REALLY need this? More than half of the time it will be a big no.

4. Every time you go to buy something think of the thing you are saving for and the rough percentage of your savings so far that the thing costs and quite often you won’t buy it.

5. Most people can save something regardless of their income. Starting to save a little will help build the habit of saving. Even saving as little as $5 a month will teach you that you don’t need as much money as you think.

6. Always over-estimate your expenses and under-estimate your income.

7. Have a hobby? Match your funds. One important habit for saving is if you have a hobby, such as model airplanes, scrap-booking, dirt biking, scuba diving, etc., set a hard and fast rule that whatever you allow yourself to spend on your hobby, you match those funds to your savings. For example, if you buy yourself a $45 pair of riding gloves, another $45 goes to your savings. Serious about saving? Try doubling your matched funds! These savings plans will do two things: Save money regularly and quickly, and really show you how much you are spending on your hobby, when it costs you twice as much.

8. Make purchases with paper money, not exact change, and always save the change. Use a piggy bank or jar for your coins. Coins and change may look insignificant but when accumulated over time they can help you save. Some banks now offer free coin counting machines. When you redeem your coins, ask to be paid by check so you won’t be tempted to spend your new found cash.

9. Use affirmations. For example, repeat this affirmation to yourself until it sinks in: Debt is not an option.

10. If you get paid about the same amount on a regular basis, it’ll get easier to budget your money over time. If you have a variable income, it’ll be harder to anticipate your expenses because you won’t know when’s the next time you’ll get paid. List your budget categories in order of importance and fulfill the most important items first. Play it safe; assume it’ll be a while before you get money again.

11. Enjoy the simple pleasures in life. During the Great Depression, people still had fun, just not lavishly expensive fun. Children had soapbox derbies, teenagers had dance contests, and everyone played Monopoly, did puzzles, read, and listened to the radio. Get together to discuss philosophy or pray; play poker or make crazy quilt pillows; play instruments and dance. In those days, it took some imagination and ingenuity, but they had a lot of fun without hanging out at the mall, and you can too. Many of the friendships and alliances formed during the Great Depression on the basis of such activities stood the test of time.

12. If you can’t bring yourself to destroy all your credit cards, at least freeze them. Put them in a container, fill it with water, and stick it in a freezer. That way, if you feel the urge to use credit, you have to wait until the ice melts, and during that time you may come to your senses and realize you don’t really need to buy what you wanted to buy.

13. Try to find at least one penny on the ground everyday. Put the money you find in a jar and see how fast it adds up!

14. If you can afford to share things you have, from food to living space to appliances, try to do so. What goes around comes around when it’s between close friends, soon enough, you’ll find your friends doing the same, and everybody benefits.

（By LearnInvest, Copyright © LearnInvest)
Source : Tips On How To Save More Money | LearnInvest

【WTS】AMAZON KINDLE FIRE 95% NEW - DIRECT IMPORTED

terence_say — Mon, 03 Sep 2012 01:49:50 +0800

Item(s): 【WTS】AMAZON KINDLE FIRE 95% NEW - DIRECT IMPORTED

Package includes: 1 amazon kindle fire,come with original power adapter with high quality local plug converter.1 high quality leather case with 2 level stand.

Price: RM500

Warranty: Had to post back to US。Item had register under amazon.com

Dealing method: COD at JB area or pos by skynet.

Location of seller: JOHOR BAHRU

Contact method/details: sms 018-7777 230

Age of item: around 6 month,get it on dec 2011

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Item(s) conditions: atleast 95%new,leather cover protect since 1st day.

Picture: Pls c below.

Reason for sale: Need cash for samsung galaxy S3

This kindle fire are bought by my cousin that live in US,she bought online via amazon.com and post it to my singapore address by DHL while she received.
Come with full box and every original acc are go together.

[addedon]June 30, 2012, 9:39 am[/addedon]BUMP

A NEW BADMINTON CHINESE FORUM IS ONLINE

terence_say — Sun, 09 Jan 2011 03:30:08 +0800

Hello to lowyat.net badminton fans,

A network belonging to Malaysian badminton fans community - 马羽在线网 has been formally launched the online network.
Web site needs your support during start-up。

Thx.

My Webpage