I know I’ve left this blog a little dusty. I haven’t forgotten this place, I promise. I have a lot i I want to write about, but every time, I feel like I don’t know enough of that thing. I’ll be back, I promise, but in the meantime, here’s something I wrote about coffee! We’re…
Tag: Malaysia
ASB Financing – calculating the returns
In my last post I talked about ASB loans vs. periodic savings, so here I’ll delve a little further into calculating returns. One of the main concerns raised is that the loan is only beneficial for as long as your returns exceed the interest rates charged by the banks. For example, if the bank charges…
ASB Financing – how does it work?
Ages ago, I wrote a post briefly talking about ASB loans, and how they work, some people found it useful, so I thought I’d reproduce it here. One of my earliest tasks when I first started working as a personal financial consultant was to promote the ASB loan to prospective bumiputera clients. The product, offered…
Impostor syndrome
Wow, it’s been about two months since I wrote anything here. Since then, many things have changed, and some things, not at all. Does that make sense? Looking back at my previous technical analysis post, I surmise that I was dead wrong. Glove stocks didn’t tank, they’re neither here, neither there. The KLCI also is…
Technically speaking – The End of The Game?
The melody can’t find youI’m incomplete without youI guess we’ve reached the end of the gameOoh, hit me Weezer, 2020 For a lot of investors, 2020 has been a year of good (mis)fortune. If anyone managed to ride in early on the glove euphoria – and hopefully managed to hop off midway – they would…
Technically Speaking – Here we are, again
I’ve said recently that I would try to avoid writing another financial market update, but, I’ve relented, and here we are, again, with another post about the financial market – the KLCI to be specific. This year has been an interesting one on the stock exchange. Despite moribund overall economic outlook, the stock market has…
Book review-ish: No Is Not Enough – Naomi Klein
I have finally managed to drag myself through Naomi Klein’s “No Is Not Enough”. Now I say ‘dragged’ not because the book was boring, but rather because of how rage inducing some of the insights were, and there were a lot of them. I had to put the book down purely out of disgust at…
Technically speaking – Corona, what corona?
Two weeks ago I ‘forecasted’ that the market would head upwards to 1470 before making a slight pause. Well, it did just that – it went to 1470 on the 29th of May and paused – mainly because the market closed. The next couple of days, it just sailed upwards, seemingly not wanting to look…
Technically Speaking – another update
A quick follow up to my last post. Seems like the weakness I expected never materialised and the market held up quite well at the 1370 Fibonacci line and has completely flew above two resistance areas (marked red and green respectively). What could be driving the rally? I don’t really know, as far as I…
Technically Speaking – an update
It’s been quite a bumpy ride since my last entry around about two weeks ago. The market has closed the gap at 1420, and has retraced since then, bouncing at 1370 before attempting to breach the resistance at 1420, once again failing. Yesterday, the market closed down about 30 points, hovering at the Fibonacci support…