Jun 30

2009

Singapore STI : Weak Uptrend

Filed Under (Finance Help) by Admin on 30-06-2009

Technical resistance was at 2,400 points as mentioned in my previous article and the FTSI attempted to test this level a few times early June but failed to close above it. The FTSTI went as high as 2,424.52 points and closed at 2,317.95 points end June. The benchmark index monthly performance was the weakest in three months with only an increase of 3.5%. The monthly performance last month was an

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Jun 30

2009

Save Money On Trash Can Liners

Filed Under (Investor News) by Admin on 30-06-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Save Money On Trash Can LinersJune 30, 2009: Trash cans are a part and parcel of every household. So are trash can liners. It might pay to pause for a moment and reflect on our annual expenditure on trash bags.

Usually we need trash bags of three different sizes - for our kitchen, bathrooms and bedrooms. A roll of trash bags containing 30 replacements often lasts us three months. Since we purchase three rolls of different sizes at an average price varying between $5 to $6 per roll, the quarterly cost of the bags amounts to $15 at the least. That means we have to set aside a minimum of $60 for trash bags annually!

A couple of years ago when we did this exercise, we decided to save our money spent on trash bags by replacing them with empty plastic grocery bags. Being aggressively frugal, we wanted to shamelessly save every dime wherever we could. Extending this frugal philosophy we trimmed our spendings on gas, hair cuts, dining and eating out, energy bills, printer cartridges, and cell phones.

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Jun 29

2009

Kuala Lumpur Composite Index Futures: Time to go Short?

Filed Under (Finance Help) by Admin on 29-06-2009

Last month, there was an opportunity to trade between the uptrend channel. I have mentioned that a long opportunity exist because the FKLI is at the support line of the uptrend channel at 1,050 points. The FKLI went as high as 1,092 points. I also mentioned that there is a short-sell opportunity if the FKLI breaks below the uptrend channel. The FKLI went below the uptrend channel on the 17th of June when the KLCI was at 1,071 points. The KLCI went to as low as 1,031 points before the FKLI rebound immediately to close at the current level of 1,079 points.

The current up trend is being tested when the FKLI broke below the uptrend line channel on the 17th of June. This was expected because of technical bearish divergences on indicators such as RSI and MACD. The bearish divergences simply mean that the uptrend momentum is weak because of stronger resistance. For the first time since mid-March, the Stochastic indicator went to the oversold level when the FKLI went to a low of 1,071 points.

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Jun 29

2009

New Money Rules for Financial Security - #2. Building Cash Savings

Filed Under (Investor News) by Admin on 29-06-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Contemplating on Money RulesIn continuation with our contemplation on the basic rules of money for attaining financial security, today we examine the importance of cash savings and emergency funds. In a deflating economy, unemployment is high. Most businesses go into an expense trimming mode and pink slips are a norm. In such a scenario how do we manage to keep our financial security intact in case of a loss of a stable cash inflow?

Rule #2: Cash

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Jun 28

2009

Kuala Lumpur Composite Index: Strong Resistance

Filed Under (Finance Help) by Admin on 28-06-2009

The Malaysian equity market had a jittery start early this week as the KLCI fell to a low of 1,028.14 points on 23rd of June (Tuesday) but managed to close at 1,044.48 points. The reversal in price provides an opportunity for short term trading. In my analysis last week, I mentioned there is an opportunity when the KLCI falls to the next support level at 1,036 points. The equity market continues to rally for the next two days. It has rallied 4.2% from the low of 1,030 points.

From the performance in the market last week, investors sentiment was bullish as they go on bargain hunting when price falls steeply early in the week. The lack of fresh catalysts to boost the financial market and the spreading of the H1N1 virus did not have an impact on the investors bullish sentiment. Sales value of the manufacturing sector fell 26.2% in April 2009 to RM35.9 billion compared with the same month last year. Compared with March this year, the sales value dropped 1.6%. Meanwhile, total employees engaged in the manufacturing sector 7.7% year-on-year and 1.1% month-on-month.

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Jun 26

2009

Job Security? Be Careful About Competition

Filed Under (Investor News) by Admin on 26-06-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

At work be careful about how you use or talk about products that are in direct competition with your company’s current line of products. Else you might earn the pink slip ……..
Job Security? Be Careful About CompetitionCreate a nice weekend and enjoy it thoroughly :).

Image Source(s): Friend’s email

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Jun 25

2009

Top 100 Money Saving Sites

Filed Under (Investor News) by Admin on 25-06-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Save MoneyLiz P Weston has put together a very informative and useful list of 100 sites that will save us money. Along with sites that save us money, it also covers those that will help us to:
  • spend in savvy manner
  • conduct smart bargain hunting
  • save money on groceries
  • get hold of useful coupons
  • do comparison shopping
  • save and invest intelligently
  • find creative ways to pay for college
  • manage our credit
  • understand real estate and mortgages
  • find free government help
  • understand the game of insurance
  • repair stuff by doing it yourself (DIY)
  • plan our travel without busting our budgets
  • improve our productivity and careers
  • find free entertainment
  • generously give in charity
  • find freebies
  • swap stuff and
  • look up free tech stuff.

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Jun 23

2009

Generic Drugs are Cheaper - A Complete Guide

Filed Under (Investor News) by Admin on 23-06-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

June 23, 2009: Most of us are aware that we can save money by using generic drugs, but how much? The figures are really astounding! Let us consider the following facts:
  • Save MoneyPatients whose needs can be fully satisfied with generics could enjoy 52% savings in the daily costs of their medications.
  • According to an estimate by the Food and Drug Administration (FDA) more than half of all prescriptions are filled using generic drugs.
  • The Congressional Budget Office quoted an estimated annual $8 to $10 billion in savings for generic drug customers (at retail pharmacies). Imagine how much more can be saved if all hospitals use generics.

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Jun 22

2009

Kuala Lumpur Composite Index: Market in Correction

Filed Under (Finance Help) by Admin on 22-06-2009

The equity market starts to move into a correction this week with mixed investors sentiments. The concern about the economic recovery comes into question when the Department of Statistics reported that the manufacturing sales declined 26.2 percent from a year earlier. This is the sixth monthly decline consecutively. Other than this, rising commodity prices raises a concern on rising inflation which may lead to cutbacks in consumer spending. According to a release by the Department of Statistics, the consumer price index for the first five months of this year rose 3.3% against the same period last year.

Share prices on the Malaysia stock exchange closed lower Thursday for the third consecutive day on an expanding volume. The KLCI plunged 16.49 points or 1.54 percent to close at 1,054.41 points. The KLCI fell 34.55 points or 3.5 percent on week but 42.4 points or 4.2 percent higher on-month. Trading volume was generally weaker last week with a daily average of 1.81 billion shares exchanging hands as compared to 2.04 billion shares in the previous corresponding week.

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Jun 18

2009

Top Creative Blogs - Simply Awesome

Filed Under (Investor News) by Admin on 18-06-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Top Creativity BlogsCreativity unleashes joy and vigor in life. A life without creativity soon becomes boring and dull. Whether it is our jobs or hobbies or own business, our creativity unleashes fathomless spectres of success. Prosperity and abundance emanate from creative and simple ideas that serve a social need. Sometimes they also give birth to new social needs. Marleisa from Abundance Blog has compiled a very useful list of top creativity blogs. Check it out to create and harness your own idea garden. After all today’s aspirations are tomorrow’s realizations :).

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