Creating Wealth The Unit Trust Way

#219. Exit Strategy For Investment

noreply@blogger.com (Carson Ding) — Fri, 30 Jul 2010 07:55:00 +0000

Know When To Exit

Many things are happening around my life in the past few weeks. Among the biggest was involving in a car accident. The car was badly damaged in the back, but I was safe. Thanks to the faithful strong Mercedes-Benz I was in.

I was stopping at a traffic light when I heard a loud bang. And in a split second I was hit. A Wira was driving very fast and rammed into the taxi behind me. Both the taxi and I was stopping at a traffic light. And we were stopping! How could a car drive so fast nearing a traffic light? The Wira driver surely was not paying attention on the road.

And the taxi driver made a common mistake most drivers make. He didn't step on the brake and use the handbrake when stopping at the traffic light. So when his taxi was hit by the Wira, the car flew into the back of mine. Since I had the brakes on, my car moved only slightly. Still, the momentum from the Wira was so great that my car moved and hit slightly the rear bumper of the car in front of me... Imagine that. 4 cars were damaged that night. All because of a person who did not know when to stop his car.

That brings us to the topic of this post. Exit strategy.

Investing is like driving a car.

You got to know when to buy just like when to drive out from the junction joining the main road. It's all about the timing. Too fast or too slow, you risk being hit by the oncoming cars. The timing got to be right.

You need to know when to switch lanes. Time when you want to switch lane and put on the signal lights. Many drivers I see just swerve to another lane even when the cars are moving. And causing traffic jam at the back of that car. Because the car in front of him/her have already move on. And then sometimes, they turn back to their original lane because the road in front is already clear. Hard to explain here what I see often. Hope you know what I mean. And it is very irritating.

The lane switching worsens traffic jam. Every time.

You also need to know when to apply the brakes and stop the car.

I noticed the top/peak around towards the end of June, and was considering selling my investment in AmPrecious. Price reached a peak of RM1.022 on 21 June 2010. And towards the end of June, another peak of RM1.016 on 28 June 2010. Any price above RM1.00 is a good time to sell.

While any price below RM1.00 is a good buy. Price around RM0.90 is even a better buy. The price on 29 July 2010 was RM0.9109.

Looking at the gold price, and some charts, I fear the price now may dip further. Not sure how much though. Looks like another valley may form. Unless price moves up strongly again.

The MACD of weekly gold price chart is pointing downwards. The Stoch RSI indicator meanwhile is showing that we have reached a bottom. And is a good opportunity to buy.

We can get better confirmation to buy when the daily chart has positive indicators. The Full Stoch is getting to move upwards after weeks of staying at the bottom. So is the Stock RSI indicator. Once the MACD becomes positive, then it will be more confirmed that price is heading back upwards.

So, I am holding now at paper loss. And start to think where my mistake was. It was the 'exit strategy'.

I have forgotten the important advice in investment. Know when to exit when you buy. We got to plan when to exit. We got to know when to sell when the price goes up. We got to know when to cut loss when the price does not go our direction.

If you are looking to buy, wait for the opportunity. After this storm, we will see good weather again. Although I am confident price will be stronger next year, somehow I also fear the coming global market dip. Somehow, I don't know why, I can feel it. Not sure if people call this sixth sense. I feel something terrible is happening very soon to the world. The stock market will fall very soon in this second half. And this may affect gold like how it did in October/November 2008. The weakest point this year for stocks may be around August/September.

In another article I have mentioned that I see gold price around USD1,400 in August/September. Maybe the coming market crash will make investors fleeing from equities to gold. It is really hard to say. Whatever it is, I am ready to hold my investment for a long time until I achieve profit.

Seasonally, August and September are also slow months for gold price. I just hope the price does not stay down too long.

For those readers who have asked me to write often, thank you for your support.

Please leave your comments and thoughts on where do you see gold price in August/September 2010.

#218. Earn Cash From Gold Investment

noreply@blogger.com (Carson Ding) — Fri, 16 Jul 2010 07:43:00 +0000

Earn Cash From Gold Investment And Get Rid Of Debt Quickly

A Guest Post by Jason Holmes

In the past 2 years, the cost of living has become very high. The price of basic commodities has increased due to inflation. Therefore, if you are one of those Americans who are finding it extremely difficult to meet your living expenses and pay off your unpaid bills, then you can invest your hard earned money in gold and get rid of debt quickly by making a good profit.

Invest in gold and earn money

Gold is one of the most precious metals. Among all the most precious metals such as silver, zinc, and copper, gold is the most popular and safest form investment. If you invest your money in gold, then be sure to make profit in future. The reason is the price of gold is increasing day-by-say. In July 2010, the price of gold has reached $1208.10 per ounce. So, you can very well imagine the amount of money you can earn from gold investment. The extra money that you'll earn from gold investment will allow you to get rid of debt within a shorter period of time.

Most of the Americans hire a debt settlement/management company when they are unable to pay off their debt. But these companies charge a fee for their services. This implies that they need to arrange some extra cash. So, like most of the average Americans, if you have hired a debt management/settlement company to reduce your debt, then you can utilize this money towards paying the fee of these companies. Also, you can use this extra money to pay back your creditors.

Types of gold investments

Let us know some of the primary types of gold investments:

Gold coins: This is the most popular form of gold investment. You don't need thousands of dollars to purchase gold coins. You can purchase gold coins and insure them. The insurance companies charge low premium rate on the gold coins.

Gold bars: You can invest your money in purchasing god bars and keep them safely in your locker. If you really need money, you can sell those and make a lot of money.

Gold mining stocks: You can even invest your hard earned money in purchasing gold mining stocks. If you purchase stocks of gold mining firms/companies, you can earn a lot of money when the price of gold increases.

Key benefits of gold investment

Some of the key benefits of gold investment are given below:

Gold is imperishable.
There is a huge demand for gold in the jewelry industry.
Generally, gold appreciates in value.
You can transport gold from one place to another easily.

Finally, if you can invest in gold intelligently, then you can earn lot of money and get rid of debt quickly. Thereby, you can get back to your normal life and sleep peacefully.

Jason Holmes is a regular writer with Debt Consolidation Care and is also a contributory writer with other financial sites. His expertise is woven around various aspects of the debt industry and with his e-books he tries to impart to people the different situations and simple solutions to get out of difficult situations. Some of his works include e-books like 'Credit Score The Quintessential Therapy for a Happy Pocket', Take Creditors and Collection Agencies to Small Claims Court' and, My Story- From Depression To a Smile'.

#217. Buy Gold At V Bottom

noreply@blogger.com (Carson Ding) — Thu, 08 Jul 2010 00:21:00 +0000

Click to enlarge the chart.

Buy gold. In the last article, I have said gold was on sale. It is still on sale. But don't wait too long.

You can see on the chart above, HUI Gold Bugs Index (which also mirrors the movement of gold price) has touched the blue line. And bounced back. Looks like the uptrend is till intact. It is swimming back in the uptrend channel.

And look at the indicator at the bottom - The Stochastic RSI. The brown spot has formed and completed. Price is moving up again. You can see in all the previous times where these brown patches appeared. Each time gold made a V bottom.

This is again a V bottom. A valley. A moment you have been waiting for. A time to buy. And timing is everything.

For example, the Amprecious fund price reached a top (shown as the green patch on Stochastic RSI) on June 21. This was a time to sell. I didn't sell and take out some profit. Price was RM1.022.

Then price dropped to the valley. Price on July 5 was RM0.9244. On July 6, it was RM0.9259.

You can calculate how much the price has dropped from RM1.022 to RM0.9244. That's a 10.5% dropped. So if you buy at this V bottom sale price, when the price moves up you may easily gain 10% within a short period of time.

But again, as said before. Hold it for long term. Of course, in between, if you want to sell and take out some profit. That's good also.

I am still confident price will move higher. My forecast is 700 HUI points in January/February 2011 timeframe.

Phase your buying as suggested in the last article if you are not comfortable buying lump sum. Buy at every valley. Sell at the peak.

Please study the chart and make your own conclusion. Price may go down. May go sideways. We never know.

Happy investing. To prosperity and beyond! Can't resist this one with Toy Story 3 being the fad with kids nowadays.

#216. Gold On Sale

noreply@blogger.com (Carson Ding) — Sat, 03 Jul 2010 18:02:00 +0000

If you are looking for the little dip in gold price, this is it. This dip is like putting gold on sale. Any dip in price should be looked as a buying opportunity. We are not done with the bull yet. Gold still has some peaks to scale.

I am still monitoring whether the price will dip further. And when is the golden opportunity to buy.

However, there is a strategy that I would like to share.

A little strategy I have learnt from someone is buying and selling in phase. Let's examine how this works.

As the price goes lower, you phase your buying. Spend 20% of your budget to buy. And as the price dips lower, another 20% and so on. Then when the price goes up, you can sell 20%. As it goes up further, sell another 20% and so on. Each time, make sure the portion you sell is making profit.

Let's say you split your purchase into 5 times (5 X 20% = 100%). It will be like this.

1st purchase - RM100
2nd purchase - RM95
3rd purchase - RM90
4th purchase - RM85
5th purchase - RM80

As the price goes up, you begin to sell in the same portion.

1st selling - RM85 (This will give you profit as you will be able to make RM5 profit from your 5th purchase of RM80.)

And so on.

2nd selling - RM90
3rd selling - RM95
4th selling - RM100
5th selling - RM105

Each time you make some profit. This strategy will help you to cash out the profit. This strategy is for those who say "You will never know when is the top and bottom."

What do you think of this strategy?

For those who analyse the chart. They will be able to see quite clearly the top and bottom.

The chart above is divided into three parts. The top part shows the Slow Stochastics indicator. The red and black lines move up and down. Looks like the black and red wires that we commonly see. It is now pointing downwards.

The middle part shows the daily gold price. It was taken down hard on Thursday 1 July 2010. On 2 July 2010, it turned upwards a little.

The bottom part shows the William's indicator. See the brown patch at the bottom? Every time a brown patch forms, it shows gold price is in the oversold area. It's on sale. A great time to buy and grab some. Stock them up, back up the truck.

There is no certainty in these indicators. Price may go down further. There are other indicators that we need to use. You can explore it here.

Some analysts are saying price will dip further since the price has climbed up so high. It's time to face some correction they said.

I am still feeling hopeful to see it hits USD1,400 in August/September. Or October. In that case, I think price will not dip too far down.

Also, there is quite strong buying as proven by the price turning up on Friday 2 July 2010. We will see how it goes in the coming week.

Tell me what do you think of the price direction. Going up higher, or can go lower.

#215. Gold Price At All Time High

noreply@blogger.com (Carson Ding) — Mon, 21 Jun 2010 04:32:00 +0000

Is It Too Late To Buy Gold Now?

Many months ago, friends around me were talking about gold price having gone up so high. They said it is now too late to buy gold. Well, what do you think?

I am not surprised anymore now when gold hit another all time high. On 18 June 2010, gold price reached an intraday high of USD1,262.40. Gold will keep climbing higher and breaking its own record.

As I have mentioned on 24 May's article #213. Buy Gold At The Valley, gold may reach USD1,400 in August/September. Thereafter, USD1,650 in 2011 is not a surprise too.

Even when price continues to climb higher, there is still always opportunity to buy. Look out for every valley along the way. Grab the chance before the train leaves the station forever.

And those who think that price is too expensive now, wait till they see what next year's price is going to be. It was like in 2008 when I kicked myself for not buying in 2002. I am staying invested for longer timeframe this time. The technical indicator shows that there is still more upside room for price to climb higher within the next few months albeit reaching a high now.

With gold being in long term bull trend, you will not see me commenting much on the Malaysia KLCI or even Asian or China funds. My focus is now on gold trend.

Also, I am waiting for the HUI gold bugs index to climb higher. Gold price has reached all time high, but this HUI is still not. So, I guess, there is still hope for it to reach higher.

Hoping you all have a fat 'bonus' and profit this year.

#214. Gold Bugs Index HUI Chart

noreply@blogger.com (Carson Ding) — Fri, 18 Jun 2010 03:14:00 +0000

On May 24, 2010, in article #213. Buy Gold At The Valley you were shown that price was in a valley.

Today, at the point of writing, gold price is around USD1242.

Another chart that I look at is the HUI or Gold Bugs Index. If you invest in gold miners stocks via AmPrecious Metals Fund, this chart is a good indication too. Anyhow, the trend follows the gold price closely.

The HUI Chart is shown above. Around May 24, the index was at 430 level. In the chart above today, it is at 482.82. If you have caught the bottom at 430, you will surely see a good profit at the moment.

My own forecast for this Gold Bugs Index is around the 700 mark by January 2011. Crossing my fingers. Don't treat this as an investment advice. This is purely my thoughts. Don't hold me liable for anything. Do your own diligence.

I was away on vacation overseas for the first two weeks on June. Some people had called me on my mobile phone. I apologize for not being able to talk for long over the long distance call. I wanted to avoid the hefty phone bills.

Now that I am back in KL. Please send your email and leave your comments here if you have any questions for me.

Happy gold investing.

#213. Buy Gold At The Valley

noreply@blogger.com (Carson Ding) — Mon, 24 May 2010 03:34:00 +0000

Buy At The Valley, Sell At The Peak

The image above is not so clear. I am not using my usual computer to edit the picture.

This is a candlesticks chart of gold price in USD. On the right hand side, you can see two blue candlesticks. This is showing that it is going up. After many days of the price dropping, finally we are see the price moving up again.

Overall market sentiment this morning in the East also seems to be recovering. Stock markets are in green again.

Some readers have asked when is the valley to buy gold. If you are looking for a valley, this is it. Buy and keep for a long timeframe. Don't sell it. This is going to be a long term investment.

The chart above shows only a few months. But if you see the bigger picture. The price is in an uptrend and the price has dropped to the bottom point of the channel.

There is a blue line moving upwards in the chart. You can see that price has reached the line and bouncing up again.

For what it is worth, I have put in order to buy some AmPrecious Metals Fund today. Please do your own due diligence. This post is not an investment advice. You make your own decision, ok?

Some say price is expensive now and they are waiting for it to come down. Comparing to what the price will go to in the future, I think it is cheap now. And I will be holding it for some time. You will not see me advising selling gold on this blog that often anymore. I will only advise on buying each time there is a dip. This is a long ride to the moon.

I am forecasting price to go up to USD1,400 in August/September. And as Jim Sinclair on jsmineset.com keeps saying, price will be USD1,650 in January 2011. And Sinclair is very confident about this price level.

This time, I will be holding my purchase for a longer timeframe. Till January 2011 or further. But certainly depends on how the price trend moves.

As long as there is a lot of bailout of countries in default like Greece, we will see more people interested in gold. Some say Spain, Italy and Ireland are next. And even California is already nearing that stage and needing the USA's support.

With more money printing to help the countries in Europe, we will see gold going up further. Many fund managers in the West are advising their clients to put money in gold. Wealthy fund managers themselves too are buying gold. And even Central Banks are buying gold. This is the reason why I am buying gold too. And not other stocks.

I also read a billionaire has fully invested into gold. He has lost confidence in the fiat currency and stocks.

Happy investing. May you become healthier, happier and wealthier.

#212. Bank Negara Investigates The Gold Label

noreply@blogger.com (Carson Ding) — Fri, 07 May 2010 10:08:00 +0000

Reported in biz.thestar.com.my on 7 May 2010.

KUALA LUMPUR: Bank Negara is investigating The Gold Label Sdn Bhd on suspicion of conducting illegal deposit taking and money laundering activities.

This is in breach of subsection 25(1) Banking and Financial Institutions Act 1989 and subsection 4(1) of Anti-Money Laundering and Anti-Terrorism Financing Act 2001 respectively.

The central bank said in a statement that the raid on The Gold Label was conducted yesterday at its premises in Kuala Lumpur following complaints received from members of the public.

“Relevant assets and documents of the company were seized for purpose of investigation,” it said.

Carson writes:

Don't buy gold from any party except from those you see in big shopping malls. And of course, from the banks.

Better be safe than sorry even though they promise great returns. They come back again and again in different names. Please see another gold article and the comments.

Later, after the investigation, and when nobody is charged, some of you may say "see, it's safe." Well, if there is no wrongdoing on their part, then why are they under investigation in the first place? Think about it. Have you seen Bank Negara launched investigation on Public Bank or Maybank? No.

#211. A Breakout In Gold

noreply@blogger.com (Carson Ding) — Wed, 28 Apr 2010 03:10:00 +0000

Gold Climbing Up

Gold price was at USD1,113 per ounce when I wrote on 16 February 2010.

And then gold headed up to USD1,134 on 7 March 2010.

So, where are we now?

It's at USD1,165.44 as I write this. Public Bank Gold price is also doing nicely at RM123.39 (selling) and RM118.61 (buying).

Using some technical indicators, I spotted the valley around 25-26 March. My friend bought on that date after consulting with me. Lucky him. If the price continues to rise, he will make a little profit.

Meanwhile, I am not doing too well in an Asian fund that I have bought from Fundsupermart. Cut losses yesterday. Using the Exponential Moving Average indicator, it's time to sell.

That's the danger of buying at the wrong time. And I have always said, it's about the timing. I bought midway when the price was heading up. Being greedy (another no-no in investment) and thinking it will go further up. But stocks around the world now are diving.

There will be opportunity later to buy again when it reaches the valley.

I am still holding on to the AmPrecious fund. Waiting to see a little pullback to add more with some fresh ammo.

Another story...

A friend sms-ed me and said that she has become a unit trust consultant with Public Mutual (another one.. hehe). Almost everyone knows some Public Mutual agent, yes?

And the sms said that if I want to invest in unit trust, contact her. I politely replied to her that the sales charge at 5% is too high. I rather go with Fundsupermart for cheaper sales charge. And I also told her I managed it myself.

I hope she uses charts to find the valley when advising clients to buy. Otherwise there will be heartaches when people see their investment dropping.

Meanwhile I have spotted a good fund that climbed strongly when the KLCI was heading upwards. It is Prudential Master Trust - Prudential Small-Cap fund. Year to date, it has made 13.74%. Not bad.

But now is not the time to buy. The market is falling now. Got to wait at the valley. The people following fundamentals will say it's the trouble brewing in Greece causing market to dive. Whatever it is, I just stick to chart analysis. Some simple indicators like Williams, Stochastics and Exponential Moving Average will already tell you when is a good time to buy and sell.

Good luck in investing. Let me know what funds are you holding now. What funds have made nice profit for you. Share it with the readers.

#210. Gold Price Heading Up

noreply@blogger.com (Carson Ding) — Sun, 07 Mar 2010 06:47:00 +0000

So Glad That Gold Price Is Swimming Up The Channel

From my last update on Gold Price trend, dated 16 Feb 2010, price has now gone up further.

In the last article, gold price was around USD1,113 level. And it was showing signs of breaking out of the downtrend channel.

Today, in the gold chart above, see how an uptrend channel has already formed. Price has closed at USD1,134.60 on Friday, 5 March 2010.

The blue arrow points at where the gold price has moved out of the downward trend. See how it broke out of the downward diagonal line like a small plant shooting out from the soil.

Let's hope it continues swimming in this uptrend channel... and also hoping for a bigger upward run. Hehe, greedy me.

Some analysts foresee a new high to form soon. Well, for me? Just going with the flow at the moment.

Those who have bought in February can now see a bit of profit.

See you at the peak.

#209. Gold Price Up Again

noreply@blogger.com (Carson Ding) — Tue, 16 Feb 2010 11:39:00 +0000

Gold Price Up Again!

Gold price has gone up again.

The chart above shows the green line 10 Days Moving Average Exponential technical indicators. You can see the gold price has broken above the green line - pointed at the big red arrow.

Price is now moving upwards. That means we have reached the valley some days ago. Can you see it? The last few days have also seen the price in blue candlesticks. Blue candlesticks means price closed higher than its opening price. It shows an upward trend.

Other indicators have also shown gold price going up. How high will it go? I can't predict that. Will just follow the indicator to tell me when to sell. Will post again when it's time to sell.

Happy buying and investing.

#208. Happy Chinese New Year

noreply@blogger.com (Carson Ding) — Fri, 12 Feb 2010 15:47:00 +0000

Gong Xi Fa Cai To You And Family

May the year of Tiger brings you abundance of wealth! And of course, good health and much happiness too!

#207. Current Gold Price

noreply@blogger.com (Carson Ding) — Fri, 22 Jan 2010 00:45:00 +0000

Where Is The Current Gold Price Direction

Today's gold price is dipping. The price has been dipping since evening of 20 January 2010. I didn't give a sell signal. Why? Learning from last year, it is wiser to hold on. And buy at every dip when it is on an uptrend. We are still on a major uptrend in gold price.

Furthermore, I have just bought at the valley in early January 2010. Gold price has gone up soon after I bought and reached a peak in the mid of January. Meanwhile the US Dollar was descending down the stairs in the same period.

I bought the AmPrecious Metals fund that invests in gold mining stocks in the USA. Since the USD went down even while gold price went up, the gold price's climb seems to be cancelled out by the declining dollars (when you translate it into Ringgit). Didn't make any profit at all although price has gone up. You may be experiencing the same thing.

In that case, just hold on. Gold price will dip a little and will climb up again. Gold price is behaving like this recently as I have mentioned before. It will move in bigger waves of ups and downs. We just got to ride these waves. Buy low, sell high. Catch the timing.

The current gold price may have a few more days or a week more to run its course. Down. After that, it's time to buy at the valley again. From the past few months' records since September 2009, price always rose at the beginning of the month (which also coincides with the full moon). If this is the trend, we might see the full moon on 29/30 January 2010 effecting the gold price again. Still, it will be best to keep your eyes on the charts. Charts will tell you for sure whether it will go up or down after the full moon day.

I will buy more when it dips to the valley. Will post again when the price has reached the valley. Don't miss it. Come back often to keep updated on the current gold price situation.

Gold News Articles

noreply@blogger.com (Carson Ding) — Fri, 15 Jan 2010 08:50:00 +0000

PRECIOUS-Gold slips below $1140/oz as dlr reverses losses
Reuters
By Miho Yoshikawa TOKYO, Jan 15 (Reuters) - Gold prices were a touch softer on Friday as the dollar reversed earlier losses, while palladium marked a fresh ...
See all stories on this topic

Falling gold, oil prices push TSX down 49 points
CTV.ca
The gold sector was the biggest decliner, down 1.52 per cent even as the February bullion contract on the New York Mercantile Exchange gained $6.20 to ...
See all stories on this topic

Kinross Gold sees 2010 production on track
Reuters
TORONTO, Jan 14 (Reuters) - Kinross Gold (K.TO) said on Thursday its 2010 gold production is on track to meet previous estimates, while output at its ...
See all stories on this topic

The Canadian Press

Heil earns 3rd consecutive World Cup gold, tying for 1st in women's moguls
The Canadian Press
PARK CITY, Utah — A shaky bottom jump still couldn't knock Jennifer Heil of Spruce Grove, Alta., off the top podium step on Thursday as she won the gold ...
See all stories on this topic

TCA press tour: Ricky Gervais finds comedy gold in a round-headed minion
Los Angeles Times (blog)
... met Pilkington some years ago while hosting a radio show; he was "this round-headed minion" sent to work for them who turned out to be "comedy gold. ...
See all stories on this topic

Alto Group Holdings Discovers 4 New Veins With Visible Gold at Nkwanta ...
CNNMoney.com (press release)
Of note visible gold has been identified in samples of both the Chief Vein and the D-10 Vein. The newly discovered veins are all located within 500 meters ...
See all stories on this topic

Oil, gold stay up after retail sales, jobless data
MarketWatch
NEW YORK (MarketWatch) -- Crude oil and gold futures were higher early on Thursday, after the US government reported retail sales unexpectedly fell in ...
See all stories on this topic

Doge's Palace in Venice Restored
New York Times
By AP VENICE, Italy (AP) -- Experts have restored part of Venice's Palazzo Ducale, cleaning marble facades and uncovering hidden shades of color and gold. ...
See all stories on this topic

Eldorado sees its gold output rising sharply
Reuters
TORONTO, Jan 14 (Reuters) - Canadian gold mine Eldorado Gold Corp (ELD.TO) said on Thursday it expects its gold production to rise by 60 percent to 75 ...
See all stories on this topic

Gold Derby nuggets: 'Twilight' stars boon to kudocasts | Oscars book producer ...
Los Angeles Times
GOLD DERBY • While Globe nominee Michael C. Hall ("Dexter") is not scheduled to present, he is happy to be attending the show and not just for the obvious ...
See all stories on this topic

Mineweb - GOLD ANALYSIS - Central Banks have been net purchasers ...
The latest interim Update to the GFMS Gold Survey 2009 reports that, on a quarterly basis, the official sector became a net purchaser of gold during the second quarter of 2009 and has remained so since. GFMS expects that IMF sales will ...
Mineweb - Daily news headlines - http://www.mineweb.com/mineweb/view/mineweb/en/page1

gold on Flickr - Photo Sharing!
By Mike_tn
layered a second shot taken with a red B&W screw on filter to get some lighter tones. a different B&W version than the one mentioned is below and posted next to this. you can click it which is your fave? << go ahead, pass judgment, ...
Uploads from Mike_tn - http://www.flickr.com/photos/beginasyouare/

The Five Reasons Gold Will Hit $5000
By Peter Krauth
Five Catalysts could send gold to $5000 an ounce -- or even higher.
Money Morning - http://moneymorning.com/

Five Fundamental Reasons Gold Will Hit $5000 | Daily Markets
By Money Morning
Let me get right to the point. Gold's going to $5000 an ounce. I know that sounds preposterous to most people. In fact, some of you probably think I'm.
Daily Markets - http://www.dailymarkets.com/

Video - CNBC.com
The outlook for gold remains bullish and the price could rise as high as $1500 per ounce, Phil Roberts from Barclays Capital told CNBC Thursday. Roberts also takes a technical look at the DAX and sterling. Add this share icon ...
All News, Video and Posts related... - http://www.cnbc.com/id/15837548/cid/97220

Malaysia Investment News Articles

noreply@blogger.com (Carson Ding) — Fri, 15 Jan 2010 04:19:00 +0000

Khazanah Expects to Boost Value of Assets Amid Global Recovery
BusinessWeek
14 (Bloomberg) -- Khazanah Malaysia Bhd., the nation's state investment agency, is "cautiously optimistic" its asset value will increase as global financial ...
See all stories on this topic

Malaysia Explores Investment Opportunities In Indonesia's Agri Sector
Bernama
Indonesia, he said, would not limit the amount of investment in the food industry. Malaysian Ambassador to Indonesia Datuk Syed Mushe Afdzaruddin Syed ...
See all stories on this topic

Indian Investment in Real Estate Sought by Malaysia
TopNews Singapore
Malaysia is all set to organize a three-day property fair from January 22 onwards, in order to attract Indian investments in the country's real estate ...
See all stories on this topic

The Malaysian Insider

'Allah' feud won't affect investment, says major fund manager
The Malaysian Insider
"We are quite positive about Malaysia, we just opened an office and we believe there are great opportunities going forward," Templeton chairman Mark Mobius, ...
See all stories on this topic

Malaysia Expecting China to Increase FDI Inflow
TopNews Singapore
Via an investment in Malaysia, Chinese manufacturers can effectively value-add their productions, and also meet the 40% content requirement put forward by ...
See all stories on this topic

Khazanah's Net Asset Value Rose 63 Percent in 2009
BusinessWeek
14 (Bloomberg) -- Khazanah Nasional Bhd., Malaysia's state investment company, said the net value of its assets rose 63 percent in 2009 from a year earlier, ...
See all stories on this topic

Aminvestment Declares 1.85 Sen Final Distribution For ABF Malaysia Fund
Bernama
... a yield of 2.0 per cent investment return based on the net asset value (NAV) of RM3.7 million as at Dec 31, 2008. The fund, Malaysia's first bond etf, ...
See all stories on this topic

Service-oriented drive widens business scope
New Straits Times
LONDON: THE move to liberalise investment guidelines would strengthen Malaysia's competitiveness as a place for both Malaysians and foreigners to do ...
See all stories on this topic

India's GTL to buy Aircel towers
Financial Times
GTL will pay Rs84bn ($1.8bn) for 17500 towers with rights to roll out 20000 more for Aircel, a unit of Malaysia's Maxis Communications. ...
See all stories on this topic

Malaysian tanker operator enters India
Livemint
"Exploring the opportunity to flag an AET vessel in India is a logical extension to AET's considerable investment in India," Paul Lovell, head of corporate ...
See all stories on this topic

Indian investment in real estate sought by Malaysia | Opalesque ...
By laxman
From Topnews.com.sg: Malaysia is all set to organize a three-day property fair from January 22 onwards, in order to attract Indian investments in the country's real estate sector. As per information shared by the Malaysia Property ...
Opalesque Real Estate Briefing - http://www.opalesque.com/Realestate_Briefing/

How to look like a lesbian tennis player... - Kuala Lumpur ...
As we walked through the concrete sprawl of western symbolism it was hard not to notice where most of Malaysia's investment and money came from. It seemed every western bank and big business wanted a piece of the pie. ...
TravelPod.com TravelStream™... - http://www.travelpod.com/syndication/rss

A Journalist Speaks..........: Is Malaysia becoming India's realty ...
By animitrachakraborty
It is to be noted that the Foreign Investment Committee (FIC) of the Government of Malaysia has annunciated of late of a wide-ranging deregulation of investment guidelines to help smooth inflow of investments into the country. ...
A Journalist Speaks.......... - http://animitrachakraborty.blogspot.com/

BERNAMA - British Investors Expected To Invest RM558 Million Over ...
LONDON, Jan 14 (Bernama) -- Deputy Prime Minister Tan Sri Muhyiddin Yassin says Malaysia had the potential to receive investments totalling RM558 million in various investment areas, the biggest being aerospace, over the next two to ...
BERNAMA - English Version - http://www.bernama.com/

Malaysia Trying Hard to Lure Indian Property Investors | PropertyHeat
By Paul Joseph
Speakers will include the Malaysian Investment and Development Authority, ministry of tourism and Malaysia Property Incorporated on investing in the country's real estate. The expo is organised in conjunction with the Confederation of ...
PropertyHeat - http://www.propertyheat.com/

[NEWS] MALAYSIA EXPLORES INVESTMENT-2 - Yahoo! Malaysia News
'The cooperation between Malaysia and Indonesia is expected to speed up the development of food crops and livestock industry, and this, in turn, ...

Gold News Articles

noreply@blogger.com (Carson Ding) — Thu, 14 Jan 2010 12:55:00 +0000

Gold Climbs a Second Day as US Rate Outlook Spurs Dollar Drop
Bloomberg
14 (Bloomberg) -- Gold advanced for a second day as a sliding dollar helped fuel demand for the precious metal as a store of value. ...
See all stories on this topic

Canadian stocks extend decline on commodity drop
MarketWatch
Gold for February delivery was up finished up $7.40 at $1136.80 an ounce on the New York Mercantile Exchange. See more on gold futures Yamana Gold Inc. ...
See all stories on this topic

Reuters

Gold inches up, caution before ECB, US data
Reuters
TOKYO (Reuters) - Gold inched up on Thursday, keeping a bullish tone from the day before when a weaker dollar spurred short-covering and physical buying, ...
See all stories on this topic

Beyond Gold: New Ways to Invest in Precious Metals
U.S. News & World Report (blog)
By Rob Silverblatt Gold. Glenn Beck has sworn by it. So has radio personality Dennis Miller. Even Fred Thompson, in a way that only a US senator turned Law ...
See all stories on this topic

Oil down, gold up after Fed Beige Book
MarketWatch
NEW YORK (MarketWatch) -- Crude oil remained under pressure and gold futures rose Wednesday, after the Federal Reserve said economic conditions continued to ...
See all stories on this topic

In 2000s, Ravens' Ray Lewis set the gold standard for defenses
USA Today
By James Lang, US Presswire By Jarrett Bell, USA TODAY Fourth installment in a month-long series about the NFL's All-Decade Team of the 2000s. ...
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Gold Derby nuggets: Oscars hit sour notes with song choices | EW critic up ...
Los Angeles Times
• Steve Pond investigates the song selection process at the Oscars and discovers, "it's a terrible system, and it doesn't do what the Academy wants it to do ...
See all stories on this topic

Green building gets LEED gold status
Central Florida Future
By Megan VanWaus UCF stayed true to its colors by earning LEED gold status certification for the recently constructed Physical Sciences I building. ...
See all stories on this topic

Better Know Tomorrow's Outperformers in Gold
msnbc.com
This is precisely the idea behind the new Market Vectors Junior Gold Miners (NYSE: GDXJ) ETF, and since I own shares of 16 of the 55 equities held by the ...
See all stories on this topic

Bereaved Kin Push for Military Condolence Letters
New York Times
Policies vary on whose names go on military and community memorial walls, whose families receive a Gold Star lapel button from the Defense Department or who ...
See all stories on this topic

Gold poised for fresh record high
Gold is set to break above $1200/oz to fresh highs by the middle of this year as investors pour cash into the metal over concerns about the global economy and inflation.
Miningmx: Headline News - http://www.miningmx.com/

GFMS predicts new gold highs in 2010, warns on 'vulnerability'
By Liezel Hill
The price of gold will likely rise above December's record of $1 226/oz this year, and could even climb as high as $1 300/oz if the global economic recovery proves sufficiently sluggish and new investment money continues to enter the ...
Mining Weekly | Gold - http://www.miningweekly.com/page/gold

Allies turn adversaries in El Morro gold dispute
Barrick Gold Corp. filed a hostile legal action Wednesday against Goldcorp and New Gold Inc. to try.
FP Top Stories List - http://www.financialpost.com/reports/legal/16994.rss?type=rss

Gold expected to keep its shine
Gold prices will likely eclipse last year's record levels in the first half of the year, as stronger.
Financial Post - Top Stories - http://www.financialpost.com/16994.rss?type=rss

Market is remonetizing gold, and GFMS is sore about it | Gold Anti ...
By cpowell
Philip Klapwijk, GFMS executive chairman, said he sensed that a "large amount of money" was poised to enter the gold market this year. He predicted a "bumpy" return to record prices by the summer on the back of loose fiscal and monetary ...
Gold Anti-Trust Action Committee... - http://gata.org/

DailyFX - Gold
Gold's rally from 1075 is in 5 waves therefore the larger trend is probably still up (the bearish count would treat the 5 wave rally as wave C of a flat). ...

Gold falls after jobs data - MarketWatch
Gold futures edge lower, but the metal is heading for its first weekly gain in the past six.

Environment: In Peru's Amazon, finding gold but leaving mercury ...
An illegal gold rush in Peru is capitalizing on the high price of the metal worldwide – but at a cost to the Amazon's rivers and forests.

Mutual Fund News Articles

noreply@blogger.com (Carson Ding) — Thu, 14 Jan 2010 12:55:00 +0000

ICI: Inflows To Long-Term Mutual Funds $10.61B In Latest Week
Wall Street Journal
Long-term mutual funds had net inflows for the 43rd week on continued strength for bond funds, according to figures released Wednesday by the Investment ...
See all stories on this topic

Evergreen funds will be renamed
Boston Globe
By Todd Wallack Boston-based mutual fund company Evergreen Investments will soon be history. Its new owner, Wells Fargo & Co., plans to scrap the Evergreen ...
See all stories on this topic

ETF Assets Top $1 Trillion
Wall Street Journal
ETFs resemble conventional open-end mutual funds but trade like stocks, an attractive feature for many buyers. Still, even at a trillion dollars, ...
See all stories on this topic

Dealing With an Emerging Markets Overdose
Wall Street Journal
Many of the mutual fund options available often don't provide ideal broad-market exposure, and they can be costly. Also, foreign investing involves currency ...
See all stories on this topic

Will Scotiabank swap its mutual funds for bigger CI stake ?
Globe and Mail (blog)
But CI's chief executive officer Bill Holland also said Wednesday that another possible scenario is for the bank to sell its mutual funds to CI in exchange ...
See all stories on this topic

DoubleLine unveils three mutual funds
Global Investor (subscription)
Los Angeles investment firm, DoubleLine Capital, will float three fixed-income mutual funds, Los Angeles Times reports. The firm, started by bond fund ...
See all stories on this topic

Appellate court orders Madison County mutual funds class action be dismissed
St. Clair Record
The Fifth District Appellate Court has ordered that a Madison County mutual funds class action be dismissed. In a ruling handed down Wednesday, ...
See all stories on this topic

Mutual Fund Managers' Multiplication Mess
Motley Fool
By Selena Maranjian Traditionally, mutual funds are run by just one person, or at most a handful, backed up by a research team. They work together using one ...
See all stories on this topic

Investing: Funds that stayed the course paid off
Minneapolis Star Tribune
Many mutual fund and other investors are infamous for selling their retirement funds at the wrong time, when the stock market is down and the veritable sky ...
See all stories on this topic

Mutual Fund Flows | Contrarian Musings
By Joseph Y. Calhoun, III
US Equity mutual funds saw another month of outflows in December (via Marketwatch): In fact, according to TrimTabs Investment Research, December was the fifth.
Contrarian Musings - http://alhambrainvestments.com/blog/

Mutual Fund Basics | Investing Blog
By ana
When you're considering investing in the stock market in one way, shape, form, or fashion you have perhaps heard the term mutual fund. When you're like I was,
Investing Blog - http://www.nanothailand.org/

StockCharts Blogs - Data Updates - Mutual Fund Data Cleanup - 01 ...
By StockCharts Data Team
All mutual funds that have stopped trading prior to 12/01/2009 have been removed from our systems. The scan tool will no longer return any of these older funds in response to predefined scans or user queries.
StockCharts Blogs - Data Updates - http://blogs.stockcharts.com/data/

CAclubindia - Notification & Circulars: Master Circular-Mutual ...
110/2004-Customs regarding continuation of anti-dumping duty on imports of P · Purchase of Immovable Property in India by Persons of Indian Origin (PIOs) – Amendment of the · Master Circular-Mutual Funds · Simplified Listing Agreement ...
caclubindia.com: Notifications... - http://www.caclubindia.com/notice_circulars/

Commission For Brokers Or Direct Fund Company? | day trading
By a day trader
Some folks recommend not to buy mutual funds because the fund managers and their employees all have to get paid and this cuts into your earnings. For.
day trading - http://dengruo.info/

Mutual fund wins by losing less - SFGate
In a decade that featured two bull and two bear markets, the RS Partners fund achieved a winning performance by playing a good defense.The mutual fund ...

Malaysia Unit Trust News Articles

noreply@blogger.com (Carson Ding) — Thu, 14 Jan 2010 12:54:00 +0000

Yen Falls After Australian Employment Rises More Than Forecast
BusinessWeek
Malaysia's ringgit and South Korea's won led Asian currencies higher as regional stocks climbed. The MSCI Asia- Pacific Index of shares advanced 0.9 percent ...
See all stories on this topic

FKLI and FCPO Futures Corner - Bursa Malaysia: 20100114 1018 ...
By MW Chong
YTL Cement, through Singapore unit YTL Cement Singapore, has offered to buy the cement assets of Jurong Cement Ltd for S$50m. YTL said that the asset, Jurong Cement Bulk Terminal, was worth more than the price offered by Holcim Investments Singapore. ... Ho Hup Construction has filed a police report against former MD Datuk Low Tuck Choy, alleging that he committed a criminal breach of trust involving some RM15m.The report by a Ho Hup employee on behalf of the company, ...
FKLI and FCPO Futures Corner... - http://futurescorner.blogspot.com/

Buletin Labuan Malaysia » UNIT TRUST PRICES - 11 (LAST): JAN 12 ...
By Admin
UNIT TRUST PRICES - 11 (LAST): JAN 12 (Bernama via Yahoo! Malaysia News) Labuan Buletin. UNIT TRUST - 11 (LAST) (MANAGER'S outlay FOR JAN 13) NAV finance LINKED FUNDS: ======================== MAYBAN LIFE ASSURANCE BHD:(UNIT PRICES AS ...
Buletin Labuan Malaysia - http://buletinlabuan.com/

MACC willing to meet PI Bala anywhere | Free Malaysia Today – English
By pk
Bala was engaged by Najib's aide, political analyst Abdul Razak Abdullah Baginda, who was acquitted of abetment in her murder on Oct 31, 2008, while two special action unit policemen were found guilty of the crime on April 9, 2009, ... You can never trust bastards. rocketman Says: January 13th, 2010 at 8:16 pm. Bala please remember not to sit too near those MACC guys and always have a barrier in between preferably a glass or plastic, if they dare to meet you overseas ...
Free Malaysia Today - English - http://freemalaysiatoday.com/english/

Information Online » Tell Me About Banking In Offshore Philippine Unit
By Anders Eriksson
... Mayban Discount, Mayban Investment Management, Aseam Credit, Aseam Unit Trust, Mayban International Trust, Aseam Group, and Aseambankers Malaysia Bhd. As of December 2006 Maybank had total assets worth over $66 billion. ...
Information Online - http://www.oneswarm.us/blog/

New Year of Possibilities « BNI Universal Thailand
By bniuniversal
While others lost investments last year ,Infinity Solutions Services gained money and trust. driach@infinsolutions.com - plan your future!Get the most out of your networking skills1 hour ago; RT @BPbusiness CP secures loans for China unit http://digg.com/u1JyXHGet the most out of your networking skills2 hours ago; Had a great chat with Roger from BNI United in Malaysia - thanks a lot Roger for all you input http://wp.me/pztW4-2UGet the most out of your networking skills5 ...
BNI Universal Thailand - http://bniuniversal.wordpress.com/

fundsupermart.com - Invest Globally and Profitably | Malaysia ...
... OSK-UOB Small Cap Opportunity Unit Trust, OSK-UOB Smart Balanced Fund ... Malaysia. KLCI. 45.2%. World. MSCI World. 26.2%. Europe. DJ Stoxx 600 ...

Malaysia Investment News Articles

noreply@blogger.com (Carson Ding) — Thu, 14 Jan 2010 03:14:00 +0000

Citigroup (NYSE:C) Set to Launch Investment Banking in Malaysia
American Banking News
Citigroup (NYSE:C) has been approved to do investment banking in Malaysia, as it announced it had been awarded a stockbroker license from the Securities ...
See all stories on this topic

Malaysia may offer new deal to Indian firms
Daily News & Analysis
The PM is very eager to invite foreign investment and economic partnership between the two countries," KK Eswaran, a Malaysian industrialist and the head of ...
See all stories on this topic

PRESS DIGEST - Malaysia - Jan 14
Reuters
... in Malaysian foreign exchange reserve in late 2008 and early 2009 were largely driven by foreign investor portfolio divestments, UBS Investment Research ...
See all stories on this topic

Malaysia woos India to invest in realty sector
Financial Express
Speakers will include the Malaysian Investment and Development Authority, ministry of tourism and Malaysia Property Incorporated on investing in the ...
See all stories on this topic

Key Emerging-Market Debt Index On Verge Of Investment Grade
Wall Street Journal
Among the countries with at least a 2% weighting on the index are Brazil, Colombia, Indonesia, Lebanon, Malaysia, Mexico, Panama, Peru, Philippines, Poland, ...
See all stories on this topic

China's SGCC plans JV with Malaysia's 1MDB
International Water Power and Dam Construction
"SGCC has long focused on SCORE and Malaysia as its priority investment area as it provides an attractive investment climate and tremendous investment ...
See all stories on this topic

Rough start for Asean-China FTA
Malaysia Star
Under the FTA, more than 9000 products imported from China to Malaysia are duty-free while China will reduce tariffs on more than 7000 products from Asean. ...
See all stories on this topic

Bid to boost trade, IT ties with Saudi Arabia
New Straits Times
JEDDAH:MALAYSIA hopes to enhance cooperation with Saudi Arabia in trade and investment, science, information technology and security during Datuk Seri Najib ...
See all stories on this topic

By: Zacks Investment Research
Zacks.com
These emerging markets currently include China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and ...
See all stories on this topic

Malaysia seeks more British investments
Malaysia seeks more British investments.
Industry News - http://industry-news.org/

Canada Creates Gateway For Investments Into Developing Countries ...
By admin
... program may visit Investment Cooperation Program (INC). Topics: 2010, Aisa-Pacific, application, Canada, China, companies, development, economic growth, Economy, funding, Inc., invest, investment, Malaysia, Mexico, qualify, Thailand ...
Gov Monitor - http://thegovmonitor.com/

1MDB, China eye RM37b Sarawak projects « anilnetto.com
Mr. Anil, am I correct to say that this is a JV between SGCC and 1MDB to jointly develop projects worth up to USD11 billion in Malaysia over a period of time and not an investment of USD11 billion by SGCC? So, the initial investments ...
anilnetto.com - http://anilnetto.com/

5 Important Factors to Consider when Buying the Best Property for ...
By Horlic Lim
License for foreign bank in Malaysia is very limited. The location chosen by them surely have been gone through a lot of marketing research. Therefore, their locations are my very good indicator to identify the best prime location. ...
Horlic Lim Property Investment - http://www.horlic.com/

My Malaysia Stockfolio: InsiderAsia's model portfolio - Week 359
By 山下聖人
Blogging and Investment · Tanjung Offshore up on Petronas unit order - TANJUNG Offshore Bhd, a Malaysian oil and gas services provider, rose to its highest level in three months in Kuala Lumpur trading after saying it won a RM. ...
My Malaysia Stockfolio - http://mystockfolio.blogspot.com/

Google Web Alert for: malaysia, investment

UBS: Low interest rates help Malaysia's near-term investment prospects
However, as foreign investor interest has picked up, the longer term structural factors supporting Malaysian investment abroad are also re-asserting ...

Malaysia continues to be a competitive investment destination in ...
KUALA LUMPUR, Malaysia Dec 29 (NNN-Bernama) -- Malaysia continues to be a safe and competitive investment destination in Asia due to its well-developed ...

Yahoo! Groups: Groups Discussing best investment malaysia | Yahoo ...
Topics frequently discussed: asian currencies, asian finance bank, bank di malaysia, best bisnes, best investment malaysia, bisnes malaysia, brain training ...

Mutual Fund News Articles

noreply@blogger.com (Carson Ding) — Wed, 13 Jan 2010 09:20:00 +0000

Morningstar names Bill Gross of Pimco its bond mutual fund 'manager of the decade'
Los Angeles Times
By Tom Petruno Bond king Bill Gross of Newport Beach-based Pimco was named Tuesday by Morningstar Inc. its bond mutual fund "manager of the decade. ...
See all stories on this topic

ETFs Make Inroads With 401(k) Investors
Wall Street Journal
For ETFs, which resemble traditional open-end mutual funds but trade on exchanges like a stock, growth has been much faster than for the mutual-fund ...
See all stories on this topic

Funds continue to pull money from stocks
MarketWatch
In fact, according to TrimTabs Investment Research, December was the fifth month in a row in which mutual fund investors pulled more money out of domestic ...
See all stories on this topic

Bond funds led the way in mutuals' comeback
Baltimore Sun
Every mutual fund index was up last year except the index of funds betting on market downturns by taking almost entirely "short" positions, according to ...
See all stories on this topic

DoubleLine registers 3 bond mutual funds
Pensions & Investments
By Timothy Inklebarger DoubleLine Capital is launching three fixed-income mutual funds, according to the company's filing with the SEC. ...
See all stories on this topic

Issuer Direct Launches Industry's First Summary Prospectus QuickView Platform ...
CNNMoney.com (press release)
Online Setup and real time management is available via a secure login interface to change, update and modify Mutual Fund information, materials and delivery ...
See all stories on this topic

Top Allianz Funds - Mutual Fund Education
Benzinga
In our Best of Funds Family series, we are focusing today on funds from Allianz Global Investors, ranked among the top five asset management companies in ...
See all stories on this topic

PhillyDeals: Aggressive fund is turning away money | Philadelphia Inquirer ...
Philadelphia Inquirer
By Joseph N. DiStefano Based in West Chester, a short drive from the sprawling Vanguard Group mutual-fund complex, the TFS Market Neutral Fund seems to ...
See all stories on this topic

Learn to Invest in Mutual Funds to Annuity Rollover
WebWire (press release)
For middle-aged investors who are used to thinking "big picture" and thinking ahead, they can benefit from what are called mutual funds to annuity rollovers ...
See all stories on this topic

Mutual Fund Shakedown - MacIver Institute
By MacIver Institute
In the last biennial budget, Governor Doyle requested the state legislature to approve increasing the fees paid by mutual fund companies selling funds to Wisconsin residents. The legislature saw the governor's increases and raised him. ...
MacIver Institute - http://maciverinstitute.com/

Mutual fund manager of the decade: Berkowitz
By Harriet Brackey
The stock mutual fund's high, risk-adjusted returns since the year 2000 drew recognition. The value-oriented fund invests in out-of-favor companies that generate strong cash flows. It also tends to keep a large portion of its assets in ...
It's Your Money: Personal finance... - http://blogs.trb.com/business/columnists/brackey/blog/

2009: A Sea Change for Mutual Fund and ETF Industries? | ETF Trends
By Tom Lydon
Date: January 12, 2010 | Categories: Actively Managed ETFs, All, Current Affairs,
ETF Trends - http://www.etftrends.com/

What Is The Difference Between Domestic And Offshore Mutual Funds?
By Editor
In understanding the difference between domestic and offshore mutual funds, it is important to know what these funds are. It is true that there are a number of different mutual funds that are available to investors, but.
Foreign Investors Group - http://foreigninvestorsgroup.com/

Stats - Mutual Funds - Math Help Forum
By UC151CPR
A mutual fund report reads: "Fund A is perfectly correlated with Fund B, but Fund B is more risky, since, whenever Fund A moves 5%, Find B moves.
Math Help Forum - http://www.mathhelpforum.com/math-help/members/irylle12.html

Say Goodbye to Class-B Mutual Funds
The Motley Fool - They never served you well. Now they don't serve Wall Street, either.

AQR's Mutual Fund Assets Said to Hit $1 Billion - DealBook Blog ...
AQR Capital Management, among the world's largest hedge fund managers, has lassoed more than $1 billion in assets for its mutual funds and is set to launch ...

CGM Focus: Best Stock Mutual Fund of the Decade? -- Seeking Alpha
Meet the decade's best-performing U.S. diversified stock mutual fund: Ken Heebner's $3.7 billion CGM Focus Fund, which rose more than 18% annually through ...

A Cyclical Decade for Mutual Funds - Fund Observer (usnews.com)
Katy Marquardt, deputy managing editor of Money & Business for U.S. News & World Report, covers the mutual fund world from an everyday investor's ...

Alternative mutual funds: The feeling is mutual | The Economist
MUTUAL funds have mimicked hedge funds for years, offering "alternative" strategies such as taking long and short positions on shares. ...

Gold News Articles

noreply@blogger.com (Carson Ding) — Wed, 13 Jan 2010 09:16:00 +0000

Gold May Extend Biggest Drop in 3 Weeks on China Move, Dollar
Bloomberg
13 (Bloomberg) -- Gold, little changed in Asia, may extend its biggest fall in more than three weeks, on speculation that demand for commodities will ease ...
See all stories on this topic

Reuters

Gold flat after tumble on China bank move
Reuters
TOKYO (Reuters) - Gold was little changed on Wednesday with investors seeking new trading factors after a broad sell-off in commodities the previous day ...
See all stories on this topic

Yamana Gold Q4 cont ops production up sequentially
Reuters
Jan 13 (Reuters) - Yamana Gold (YRI.TO) on Tuesday reported fourth-quarter production of 325300 gold equivalent ounces and said its production from ...
See all stories on this topic

BBC News

Appeal to keep Anglo-Saxon gold hoard in West Midlands
BBC News
Historian Dr David Starkey has launched a cash campaign to keep the largest-ever hoard of Anglo-Saxon gold in the region in which it was unearthed. ...
See all stories on this topic

CANADA STOCKS-Commodities shake TSX after China action
Reuters
In its strongest step yet, China rocked global financial markets with a surprise increase in commercial banks' required reserves, a move that pushed gold to ...
See all stories on this topic

Gold Canyon Proposes Private Placement for $1500000
CNNMoney.com (press release)
The anticipated proceeds of the offering would be used for additional work on Gold Canyon's Springpole Gold Project and general corporate purposes. ...
See all stories on this topic

PRECIOUS METALS: Comex Gold Tumbles On Chart-Based Selling
Wall Street Journal
By Allen Sykora Of DOW JONES NEWSWIRES Chart-based selling quickly accelerated a move lower for gold late in Tuesday's session after the metal initially ...
See all stories on this topic

Kinti Mining (KMLD) Announces Exciting Developments Concerning the Guyanese ...
CNNMoney.com (press release)
Coupled with renewed interest in our Gold and Diamond property and the commencement of our Entertainment Division, I will take the time to discuss at length ...
See all stories on this topic

San Jose Earthquakes, FC Gold Pride hold No. 3 picks in drafts
San Jose Mercury News
By Elliott Almond It's draft week for the Bay Area pro soccer teams, and both the Earthquakes and FC Gold Pride are holding the No. 3 pick. ...
See all stories on this topic

Gold Derby nuggets: Clooney & Streep dazzle at NYFCC awards | 'Princess and ...
Los Angeles Times
• Reporting from the New York Film Critics Circle award gala Monday, Melena Ryzik writes, "It's early yet, of course, but it seems as if George Clooney is ...
See all stories on this topic

CAG bets the farm on Zimbabwe gold
Beleaguered Central African Gold is staking its future on making a success of run-down mines in Zimbabwe as the operating environment there begins improving leading to a resurgence in gold output.
Miningmx: Headline News - http://www.miningmx.com/

Nanotechnology Now - Press Release: "Detecting meningococcal as ...
Abstract: Research by an RMIT University PhD graduate has led to the development of a diagnosis method that uses gold nanoparticles to detect deadly meningococcal meningitis disease in its early stages ...
Nanotechnology Now Recent News - http://www.nanotech-now.com/

Curbed LA: Gold Line-Adjacent Victorian in Boyle Heights
By Dakota
Lots of orginal character and details throughout this vintage home. Rare find steps away from the new Gold Line station and minutes to downtown LA." It hasn't been on the market for over 40 years and is listed at $399000. ...
Curbed LA - http://la.curbed.com/

Quadra Mining upgraded on strong copper and gold production - FP ...
By Jonathan Ratner
Analyst Orest Wowkodaw upped his rating from Hold to Buy and his target price on the stock from $15 to $20, noting the company's copper and gold production was 16.9% and 21.5% above his forecasts, respectively. ...
FP Trading Desk - http://network.nationalpost.com/np/blogs/tradingdesk/default.aspx

Will Gold be the only Currency? :: The Market Oracle :: Financial ...
Will Gold be the only Currency? :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.
The Market Oracle - http://www.marketoracle.co.uk/

U.S. beats Canada to win gold medal at world junior hockey ...
John Carlson scored in overtime to give the United States a 6-5 victory over Canada in the world junior hockey championship.

Mineweb - GOLD NEWS - India`s gold imports drop dramatically in ...
The high gold price saw Indian gold imports drop dramatically in 2009 over 2008, but better December figures suggest buyers are beginning to accept the ...

#206. Focus Is The Key For Success

noreply@blogger.com (Carson Ding) — Tue, 12 Jan 2010 06:57:00 +0000

Focus All Your Energy To Achieve More

I was once in a job. We have to go through a training before we can move on to the real job. During the training, I did badly. I was called into the manager's office one day.

The manager told me if I don't perform well and pass the training, disciplinary actions would be taken against me. That means they will fire me for not being able to perform the job that I was hired to do.

All the other trainers and managers got tired of me. They thought I was a gone case. No hope. They thought I was going to fail. Then came a new trainer. He was a cheerful guy. I will always remember him and what he told me.

"You got to focus."

He kept saying focus. He pointed two fingers to his eyes and then moved the fingers to the computer screen as he said "Focus".

I passed the training and had a good time with that company for some years.

The word has stuck with me ever since.

I even tell my son now to focus when he is distracted from something. He is a chatty little fellow. Talks a lot, even during dinner. So I have to say to him "Concentrate on your food. When you are eating, eat!"

That's right. When eating, eat. When driving, drive. When playing, play.

Focus is very important. Imagine while driving, you talk on the phone. What is going to happen? When driving, drive.

It's that simple. Focus on only one thing at a time. Check this out. People have always say, "Don't put all your eggs in one basket." Somewhere, I read that a wise person said "Put all your eggs in one basket and watch that basket closely."

To be successful in something, spend all your time on just that one thing. Some people dabble into everything. They want to know everything. It makes you Jack of all trades, but master of none. If you want to be successful as an investor, focus on it. Don't get distracted by what others say to you.

Focus every moment on improving your investment. Think how to do things better.

Less is more

We are taught too many things in school and universities. How many of you can tell me that you need to apply Additional Mathematics in your work? How many of you can tell me that you need to tell the job interviewer all the colours in the rainbow, all the planets in our solar system?

I have always suspected that the modern education is invented by some people to keep us as slaves. They make us Jack of all trades, master of none. Imagine if you study only 5 subjects in school. Would you not be an expert by the time you are 17 years old? Just 5 subjects: Bahasa Malaysia, English, Mother Tongue Language, Maths and Wing Chun. Yes, I have an interest in Wing Chun. Haha. You can substitute it with other things. Perhaps Investment knowledge.

Wait, you ask. Where is Science and Biology and Physics? I would say leave that to University where people want to specialize in those areas. In the school, a little bit of Science (about planets and rainbows and human biology) can be incorporated in the language classes. After all we read Science books written in Bahasa or English, don't we?

And not to mention, Moral Class. I remember reading about mannerisms and moral in my primary school Chinese language class. See, we can incorporate all those subjects into language class. No need to create extra subjects. Why can't they write all the language text books in more meaningful moral lessons? Rather than learning, a cat and a dog went to the market. Why can't they write, the cat said politely to the dog, excuse me why do you bark at me? There are still cat and dog in the story if they want us to learn about cats and dogs.

So the whole nation is going to be ignorant of Science you say? Not really, we have experts studying Science in universities. According to a Taiwan professor, he said there are two types of learnings. One is committed to memorizing. One is committed to comprehending.

Memorizing and comprehending

Language according to the professor is learned via memorizing. The small child before he even knows how to write has already learned how to speak. He can speak because he memorizes the sounds of the language. Language therefore should be taught in a repetitive manner to small children. They read a page again and again until they can read (memorize) all the words.

Science subjects on the other hand is learned via comprehending. It's too hard according to him to teach advanced Science and tough Maths to small children. Because they cannot comprehend the logic of science. The small children (age between 3-15 years old) should learn language more than tough sciences.

Science should only be taught to more matured students. They are able to comprehend it better and apply their logical thinking to enhance their learning. The professor gave examples of the Western and Eastern students.

West vs East

He said in the West, the students learn very simple Maths in primary school. They learn more on languages and literature. And the people in the East laughed at the small Western children for not able to do simple Maths. However, the difficult maths and science taught to small children burden their little minds and make them hate these subjects. When they grow up, they don't want to study them.

The students in university in the West on the other hand enjoy learning Science according to the professor. The matured students enjoy Science because they are able to comprehend the logic. They are taught slowly first in simple Science from age of 15 and then progressively into more advanced knowledge. The professor said, this is the reason why the West has more Scientists than the East.

Focus

OK, back to the subject of this article. Focus. See? Less is more. Focus on only one thing at a time. If you want to be a successful investor, focus on only one thing. If it is the stocks, focus only on the stocks. And only 2 or 3 sectors in the stock market.

If you want to be a unit trust investor, focus only in unit trust. Master it first before you move on to stock trading. And if you focus in unit trust investment, focus on only 2 funds. Spend time understanding the market and sector that the funds invest in. Don't spread your money over 5 funds. Focus. If you invest in property, focus only on property. Don't be distracted by people from unit trust telling you that it is a better investment over property. Focus on the thing you believe in and like.

Stick to your focus for life. Warren Buffett sticks to his job for such a long time and many more years to come. Those that change their focus from one place to another rarely becomes successful.

Plan what you think you would like to do if you are not in your current job. Think how nice it would be if you can do the thing you like for the rest of your life and not get bored with it. Focus on this thing. And work on it till you achieve success. Focus is the key.

Gold News Articles

noreply@blogger.com (Carson Ding) — Mon, 11 Jan 2010 08:43:00 +0000

PRECIOUS METALS: NY Gold Rises As Jobs Data Pressures Dollar
Wall Street Journal
By Allen Sykora Of DOW JONES NEWSWIRES Gold futures closed higher Friday when the US dollar was undermined by a softer-than-forecast US monthly employment ...
See all stories on this topic

Consolidation Good for Junior Gold Miners
TheStreet.com
By Don Dion Yesterday, Goldcorp (GG - commentary - Trade Now) teamed with junior miner New Gold (NGD - commentary - Trade Now) to gain majority control over ...
See all stories on this topic

Chairman Bernanke's Monetary Apologia
Wall Street Journal
And what about gold? The price of gold has soared to $1128 today from $282 at the beginning of the decade, a fourfold increase. ...
See all stories on this topic

Jim Cramer's Gold Stocks For 2010 (GLD, FCX, EGO, GDXJ) – 24/7 ...
By 247wallst
Jim Cramer continued on his theme stock picks for 2010 on CNBC's MAD MONEY tonight. We have already heard Cramer's theme picks for homeland security, technology, ADRs, and for energy shortages. Tonight Cramer's picks were around gold in ...
24/7 Wall St. - http://247wallst.com/

Mineweb - GOLD ANALYSIS - Average gold price to rise almost 30 pct ...
Ross Norman has proved to be one of the most accurate gold price forecasters in the London Bullion Market Association's annual gold price prediction survey and his precious metals price forecasts for this year are all positive. ...
Mineweb - Daily news headlines - http://www.mineweb.com/

Critical turning point for New Gold - FP Trading Desk
By Peter Koven
Everyone is thrilled with New Gold's recent deal with Goldcorp Inc., in which it will exercise its right of first refusal on the El Morro gold project and pass it over to Goldcorp in exchange for excellent joint venture terms. ...
FP Trading Desk - http://network.nationalpost.com/np/blogs/tradingdesk/default.aspx

Mineweb - GOLD NEWS - Chinese rush to purchase gold as long ...
Chinese department stores and gold traders have been collectively making small cuts in the price at which they are selling gold which reportedly has led to ...

#205. Financial Advice For Creating Wealth

noreply@blogger.com (Carson Ding) — Mon, 11 Jan 2010 04:21:00 +0000

Wish Someone Had Given These Financial Advices To Me

A reader wrote this to me. Thank you very much for your email. I would certainly love to share some experience and advices with you.

The reader wrote:

I came across your webpage and i am very curious how Unit Trust can create more and more wealth.

I am a fresh graduate without much savings, but i am enlightened by the importance of financial freedom, and hence i would like to start diversifying my investment for a brighter future.

I now have a savings of around 18k. Can you please advice me on how i can multiply this amount to a bigger value? I would like to be as successful as you.

Thank you.

I wish someone had given me advices on achieving financial freedom after my graduation. Oh well, perhaps I didn't ask for financial advice back then.

The advices that will be shared with you are simple. Following them may not. With discipline, however, anyone can achieve it.

1. Work for yourself. We are advised to study hard. Get a good job. Just ask those people working for someone else, are they happy? Most are not. They work long hours in jobs that they dislike.
Even if you have to work for someone or a company, always work for yourself first. Think about the knowledge that you can gain from the job, not just the pay. Find a job that you truly like and passionate about. Work for yourself first and that means gain whatever knowledge you can for yourself. This knowledge will be useful when you want to use them later (to start your own business for example).

Now, even if you are stuck with a job that you have no passion in, you can still work for yourself. Research and read on the subject that you are interested in. Read on the subject everyday for 1 hour at least. The more you read, the faster you will be knowledgable on the subject. In a year or two years, you will know more than the average people on the subject. That will make you an expert. For example, I read a lot on investment and this knowledge helps me earn extra income. Turn your knowledge into income - you may write a blog, start a website, write a book, start an offline business, etc.

Read the book above to see how you can work less and work for yourself (click it).

2. Money makes money. It's great to hear such and such an investment has risen 30% or 50%. But what good is it if we don't have the money to invest in it. Realize that money makes more money. Save and invest every dollar you can. In fact, that's the first article on this Unit Trust Investment blog.

Think first before you buy anything. Do you need it, or do you think it's better to save the money for investment? RM300 making 10% is RM30. RM300,000 making 10% is RM30,000. The same return of 10% but different volume. See this? Imagine if you have RM100,000 and you can make just 10% return on a monthly basis, that's RM10,000. Do you think you still need to work for someone else, if your money can work for you? To achieve 10% return, of course you first need to have the knowledge as explained above in number 1.

3. Dream. Think big. Dream big. Every moment. Awake or sleep. Dream and imagine in detail what you want to be. How you want to live your life? Where you want to live your life? Always think of positive thoughts.

Positive thoughts improve your health and also attracts positive energy. Read the book by Masaru Emoto on The Hidden Messages in Water (click the book image above) and those law of attraction books. The more you think about a subject, the more you will be guided to more knowledge in that area as if by an invisible hand. Sometimes, you may even get a great idea on that subject coming to you all of a sudden.

4. Do. Remember to put all your knowledge into action. Many people have great ideas but they don't put it into action. Later when their ideas become a best selling product, they just kick themselves. I know a few people who are overly cautious in implementing some of their ideas. They are afraid that it won't work, it may fail.

5. Investment knowledge. The best knowledge that I have gained in my life is investment. I didn't learn it in the university. Some may say the best knowlegde they have learned is business knowledge. Or car repairing business. Or whatever knowledge. There is no wrong or right. As long as the knowledge can help you to create wealth, to me it is investment knowledge. The knowledge that you have invested your time in becomes useful and creates wealth for you.

I like the simple way of investment as I have always stressed on. The simplest way to eat is eating raw fruits and vege. You don't have to spend time cooking it. Healthy people eat a lof of raw fruits and vege.

The same knowledge should be applied in investment, in my opinion. If you want to make money, why not use money to make money. Invest the money directly in unit trust or whatever financial products that are very liquid. Imagine if you have money, and you invest in a shop and equipment and staffs. Then you keep working for the business to grow. You spend on advertisement, website, time, etc. Isn't that indirect and a bit complicated. Of course, if you do it right, your business may even make more than your investment. It's a lengthy discussion where some may say unit trust investment is risky while business is safer. I won't discuss it here, perhaps another day. Anyway, the thing is, be simple. Look for simple ways.

To answer your question, how to multiply your money. Do all the above. It's not as simple as telling you where to invest that RM18K. It's all the above and maybe more. Invest in yourself first. Find time to read and learn a topic that you like. If it is investment that you like, learn it and become your own investment guru.

For a start, open a Fundsupermart account. And read on the timing on my blog on when to buy and when to sell. But the timing to buy and sell is just my own opinion, you decide for yourself.

Learn something you are passionate about, do it right and see wealth coming your way. This is the best financial advice that I can give.

#204. Gold Price Up

noreply@blogger.com (Carson Ding) — Tue, 05 Jan 2010 03:49:00 +0000

Gold Price Has Shot Up, Time To Buy Now

Gold price has shot up on 4 January 2010, the first Monday (and trading day) of the year. This is a good sign, perhaps showing us the gold sentiment that people have for this new year 2010. It may also gives us a hint of the gold trend for the rest of the year.

Using some indicators, I can see that gold price has bottomed on the daily chart. Thus, gold price is ready to make a trend reversal. The indicator has now showed a clear uptrend is forming and gives a buy signal.

The daily chart of AmPrecious Metals Fund has also shown that price is ready and ripe to move up further. It has hit the support line of the uptrend channel that was formed in 2009. I was not bold enough to buy exactly at the valley when I saw it a couple of weeks ago. I was waiting for the buy signal.

Today the buy signal has confirmed that the gold price is now moving up. Never mind if I make a few dollars less if I had bought exactly at the valley. To go with the price trend is more important.

Will the gold price go up? As I have always said, time will tell whether I am right or wrong. Please do your own due diligence. Be your own investment guru and decide for yourself whether you want to buy today.

I am not here to convince anyone to buy gold. I am merely seeing this as a good timing to buy. A good timing is always the key to making profit.