Recent Posts

Pages: 1 2 [3] 4 5 6 ... 10
21
Global Markets / Re: WARREN BUFFEETT
« Last post by king on Today at 07:32:52 AM »



Warren Buffett has a message for Donald Trump

   Sam RoYahoo FinanceFebruary 25, 2017
 
 
  Ad:

Warren Buffett’s annual letter to Berkshire Hathaway shareholders was just released, and it has an important message for policymakers and those seeking to help spur economic growth.
“One word sums up our country’s achievements: miraculous,” he said. “From a standing start 240 years ago – a span of time less than triple my days on earth – Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers.”
Warren BuffettView photos
Warren Buffett
More
Almost every year, Buffett talks up this U.S. economic miracle, and he regularly repeats his line that “Babies born in America today are the luckiest crop in history.”
But this year’s message is unique in that he highlights the “tide of talented and ambitious immigrants.” A simple search for the word “immigrant” or “immigration” yields no results in recent years’ letters.
President Donald Trump has made a series of proposals and legislative moves ranging from the Mexican border wall to the travel ban against seven Muslim countries. All can largely be seen as anti-immigration.
Trump wants to build walls.View photos
Trump wants to build walls.
More
Business leaders from Wall Street to Silicon Valley have been vocal in their criticism of Trump’s stance on immigration.
While Buffett doesn’t explicitly mention Trump by name, it’s pretty clear that he believes immigration is good for growth.
“You need not be an economist to understand how well our system has worked,” Buffett said. “Just look around you. See the 75 million owner-occupied homes, the bountiful farmland, the 260 million vehicles, the hyper-productive factories, the great medical centers, the talent-filled universities, you name it – they all represent a net gain for Americans from the barren lands, primitive structures and meager output of 1776. Starting from scratch, America has amassed wealth totaling $90 trillion.”
22
Global Markets / Re: WARREN BUFFEETT
« Last post by king on Today at 07:30:04 AM »



向传奇人物学投资/施宏毅
803点看 2017年2月25日
施宏毅

施凌部署●施宏毅

巴菲特


罗杰斯



索罗斯

说起传奇人物,不知大家会想起谁?这里先有投资三巨头:“股神”巴菲特﹑“商品大王”罗杰斯,以及1997年金融风暴的“大鳄”索罗斯。

巴菲特运用十分着名的价值投资法,他相信有价值的便宜东西,一定可以赚钱。

他经常提出“什么是价格,什么是价值”,价格指的是金钱,而价值是会流进钱包的钱。用一个便宜的价格去买有价值的,就是那件物品较为低估,当去到合理价时就会赚钱。

罗杰斯风格则较稳重,没有信心的事情就不会做,宁可让他略过,也总好过做错。他理念是当亏损时要扳回当初的金额会较辛苦。

索罗斯是每当机会出现,他就会买入,然而先会下小注假设,当假设成立后才会加大注码。在出错时候会毫不犹豫撤资离场。所以看得出他们三个的投资风格是完全不同。

全球最赚钱人物

根据全球首10位对沖基金经理的收入排名,第1位肯格里芬(Ken Griffin),第2位詹姆斯西蒙斯(James Simons),索罗斯在第10位,而刚才提到的巴菲特及罗杰斯,则打不进10大。

相信大家都比较少听到排在在第1和第2的人,到底他们是何方神圣?

先说詹姆斯西蒙斯,他是一个数学家,另外又开设了家公司名叫“文艺复兴科技公司”,聘请回来的员工并不是华尔街的分析员,大部份都是数学家或自然科学家。

他相信市场是有一定的模式,所以透过数学模型去寻找市场机会,另外依靠电脑作决策时,詹姆斯西蒙斯跟巴菲特决策上最大的分别,就在于后者是运用人手;而且,詹姆斯西蒙斯主力在量化分析,而巴菲特则是注重价值型投资。

詹姆斯西蒙斯年回酬胜巴菲特


 

詹姆斯西蒙斯
在我们早前都有跟大家分析人工智能的未来趋势 ,电脑决策跟人脑决策最大分歧,就是人工智能完全服从命令,人类却有不同情绪及偏见会影响到投资决策。
在榜上头10名的对沖基金经理中,有7位都是以量化分析为主,当中有6位更是自己建立一个量化模型再使用电脑去作交易决策。
说到底,其实大趋势已经诞生,只是有很多不同名称我们未曾接触过,虽然以电脑作决策,都是一些幕后工作。
巴菲特最广为人知的传奇,就是每年回报达15至20%,詹姆斯西蒙斯回报却多出一倍,每年复式却达30至35%。
在此,相信很多人都会有疑问,就是为什么每年回报多出很多,却还是巴菲特较为富有?
答案就是巴菲特在很多年前已开始投资,这亦是他其中一个优势。

总结
23
Equities / Re: Spot KLCI Index
« Last post by king on Today at 07:24:36 AM »



Saturday, 25 February 2017
Weak indicators suggest correction
BY K.M. LEE

 
REVIEW: In the absence of strong leads from the US, Bursa Malaysia got off to a subdued start to the week, with the FBM KLCI dropping 1.51 points to 1,706.17.

Blue chips struggled in early business as a cautious performance in the Asia-Pacific region and a softer ringgit against the greenback sent many investors running to look for cover.

However, the lull was short-lived, as institutional players emerged unexpectedly to seek value buys in mid-morning and helped push the main index into the positive territory.

Though there was a fresh bout of buying momentum in the market for the rest of the day, interest was evidently concentrated around the quality issues and certain second liners.


ADVERTISEMENT
image: http://bcp.crwdcntrl.net/5/c=5593/b=38427131


Elsewhere, the cheaper penny stocks were mostly lower on lack of support from retail investors. The mixed underlying tone of the market was apparent as despite the key index chalking up 4.9 points to 1,712.58 at the closing bell, winners and losers were almost equal, totalling 466 and 452 respectively on Monday.

There was still no lead from the US the next day, as overnight markets there were shuttered due to the Presidents Day holiday.

Turning to European markets, stocks gained marginally in mixed mood due to lingering concerns about the looming French election while investors fretted about the timing of interest rate hikes in the US.

image: http://www.thestar.com.my/business/business-news/2017/02/25/weak-indicators-suggest-correction/~/media/c1df475cb5ec44699b7e5a5e5d2f43fa.ashx


Click on image for larger view
Like the regional peers, the local bourse firmed and gains in the blue chips propelled the FBM KLCI to as high as 1,719.76 in early session, the best level in 10-months amid follow-through bargain hunting nibbling.

But with little catalyst on the horizon reminding investors to exercise caution in their trading approach, they simply were not willing to bid the market any higher, but selling into strength to lock in gains.

In the wake of a fresh bout of liquidation, the key index succumbed to tremendous stress to give up early advances to finish down 6.03 points to 1,706.55 on Tuesday.

Thereafter, despite the bulls on Wall Street bouncing back strongly, pushing the Dow to a fresh record level, underpinned by growing confidence Trump will soon unveil details of a major tax cut plan, investors at home were not convinced but adopted the “wait-and-see” attitute.

Consequently, Bursa Malaysia tripped into consolidation mode, with the key index fluctuating between an intra-day high and low of 1,709.10 and 1,704.42, a tight 4.68 points throughout, before closing up 1.53 points to 1,708.08 in mid-week.

While regional markets drifted lower the following day, the local market continued to see-saw, attempting to stay above water in the morning session but it was not successful, as increased selling in the afternoon eventually sent stocks into the red zones and losses in select blue chips dragged the FBM KLCI down 3.60 points to 1,704.48 on Thursday.

In another sluggish session, the local bourse lost an extra 6.13 points to 1,698.35 on follow-through profit-taking yesterday.

Statistics: Week-on-week basis, the major index declined 9.33 points, or 0.5% to 1,698.35 yesterday, compared with 1,707.68 on Feb 17.

Total turnover for the regular week amounted to 13.885 billion units worth RM12.598bil, against 11.341 billion shares valued at RM12.188bil done the prior week.

Outlook: Bursa Malaysia slipped into correction mode, with the FBM KLCI violating the immediate 14-day simple moving average line during intra-week trading, as investors opted to book gains after the recent rally.

From our observation, the overall market sentiment had deterioted slightly since Tuesday after the key index nearly carve out a bearish “key reversal” pattern.

Except for Wall Street, betting on tax cuts, less regulation and more spending on infrastructure from Trump to boost the US economy, which may aid the local bourse higher, other issue such as the Fed rising interest rate and political uncertainty in the euro zone, are not so favourable to equities at home.

On the other hand, the ringgit is little changed against the greenback and crude oil prices are not going anywhere just yet, as huge build-up in US crude stockpiles will undermine OPEC’s move to cut output. Hence, they are providing little help for shares.

Given the limited catalyst on the horizon, there is a high possibility the local bourse may sustain the consolidation mode this week while investors adopt a cautious approach.

In spite of that, many investors are still eyeing a major breakout of the 1,730 points and we are not discounting that possibility, but we put it this way.

As long as the key index stays above the 1,700 points, the bulls have a very good chance of a breakthrough, but no hope, if they fail to stay afloat this psychological level.

Technically, the sell signal on the daily moving average convergence/divergence histogram and the “toppish” pictogram on the weekly slow-stochastic momentum index suggest the local bourse may fill the minor “run away” gap of 1,690.80 points-1,695.37 points on extended correction this week before they show any sign of ticking up again.

Initial support is seen at 1,680 points the next lower floor is maintained at 1,640 points


Read more at http://www.thestar.com.my/business/business-news/2017/02/25/weak-indicators-suggest-correction/#3kYcXG19Qd7w7oAb.99
24
Commodities / Re: CRUDE PALM OIL
« Last post by king on Today at 07:21:13 AM »



Business NewsHome > Business > Business News
Saturday, 25 February 2017 | MYT 6:50 AM
Malaysian palm oil price recovers on better demand, but sees 2nd weekly fall
image: http://www.thestar.com.my/~/media/online/2016/12/04/02/57/palm-oil-fruits.ashx/?w=620&h=413&crop=1&hash=D432E8058B831522889B8FAAE62673C9D6A9D224
Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange rose 0.9 percent to 2,806 ringgit ($632.41) a tonne at the end of the trading day.
Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange rose 0.9 percent to 2,806 ringgit ($632.41) a tonne at the end of the trading day.
 
KUALA LUMPUR: Malaysian palm oil futures recovered in late trade on Friday on forecasts of stronger export data and short-covering ahead of the weekend.

Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange rose 0.9 percent to 2,806 ringgit ($632.41) a tonne at the end of the trading day.

However, the second daily gain this week could not prevent a second weekly decline, with the market down by 1.8 percent since Feb. 20, unable to shake off concerns over rising output.

Traded volumes stood at 68,348 lots of 25 tonnes each on Friday evening.

Palm oil shipments could see improvements during the Feb. 1-25 period from a month ago, traders said ahead of the release of data from cargo surveyors.

Intertek Testing Services, which reported a 0.8 percent fall in exports for the Feb. 1-20 period, is expected to release its latest data on Saturday.

Societe Generale de Surveillance, however, reported a 1.7 percent rise in shipments in the same period and is expected to release its data on Monday.

Palm oil could bounce to a resistance level of 2,827 ringgit a tonne, having found support at 2,750 ringgit, said a Reuters market analyst for commodities and energy technicals.

In related vegetable oils, soybean oil on the Chicago Board of Trade was up 0.7 percent on Friday, while the soybean oil contract on China's Dalian Commodity Exchange declined 0.4 percent.

The May contract for palm olein on the Dalian exchange fell by 0.3 percent.

- Reuters

Read more at http://www.thestar.com.my/business/business-news/2017/02/25/palm-oil-recovers-on-better-demand/#mq07U5BD1W1omhH5.99
25
Personal Finance / Re: EPF
« Last post by king on Today at 07:20:07 AM »



Saturday, 25 February 2017 | MYT 8:57 PM
Look beyond EPF dividends when preparing for retirement
BY I-MONEY

image: http://www.thestar.com.my/~/media/online/2017/02/25/12/59/epfsavingsfeb17.ashx/?w=620&h=413&crop=1&hash=4D9800D4F6A4A9B380E78781F1D9199CD9BFBDC6

 
KUALA LUMPUR: Recently, the Employees Provident Fund (EPF) announced a dividend pay-out of 5.7% for 2016 – much lower than the 6.4% dividend for 2015 and 6.75% in 2014, leaving many Malaysians disappointed. 

In fact, this is the first time EPF’s dividend has fallen below the 6% mark since 2010 when a 5.8% dividend was declared.

“In light of the rising cost of living, longer life expectancy and a higher inflation rate, iMoney believes that Malaysians should be taking a more active role in ensuring they have sufficient funds for their retirement.

"It is not enough to just rely on EPF’s yearly dividend pay-outs,” said Lee Ching Wei, CEO and co-founder of iMoney.


ADVERTISEMENT
image: http://bcp.crwdcntrl.net/5/c=5593/b=38427131


Is the new quantum enough to sustain you through retirement?

Based on a recent EPF study, 50% of retirees exhaust their funds within five years of retirement.   

The harsh reality is that Malaysians spend 31.2% of their disposable income on food and food away from home, 23.9% on petrol, housing utilities and 14.6% on transport.
 
Enter, EPF-approved unit trusts

One way for Malaysians to boost their chances of retirement survival is to grow their EPF contributions at a quicker rate. EPF contributors can invest a portion of their Account 1 savings into approved unit trust funds.

The scheme provides members with an option to enhance their retirement savings by placing a portion of their EPF savings in Account 1 to be invested in unit trusts or through private mandate managed by appointed Fund Managers Institutions (FMI) under the EPF Members Investment Scheme (EPF-MIS).

However, contributors will need to have higher savings in their EPF accounts to participate in the EPF-MIS.

These funds need to achieve a three-year simple average consistent return rating of 2.00, sourced from mutual and hedge fund analytics provider Lipper, which has a scale of 1 to 5.

To invest or not to invest – that is the question

“While there are obvious risks and fees that come with investing in unit trusts, contributors may risk not building enough of a nest egg to fund your golden years. Do you want to rely on EPF dividends or make a portion of the savings “work harder” through unit trust funds?,” added Lee.

The rule of thumb for investing is to start as early as possible, and this also applies to EPF-approved unit trust funds. Unit trust investments are known for their long-term value; usually up to five years or longer.

iMoney encourages EPF members to familiarise themselves with the track record of appointed fund managers before making their decisions and keep track of their EPF contributions and growth.

Obtaining the latest statement can be done online through i-Akaun at myEPF website. Alternatively, members can obtain their statement via EPF kiosks or visit any EPF branches. 

How EPF-approved unit trusts works:

• Effective January 1, 2017, members are allowed to invest up to 30% of excess savings, compared to the previous 20% limit.

• Use the basic savings guide to determine the amount permitted to be transferred for investment under the scheme.

• Members must also be below 55 years old at date of application.

• The minimum amount of investment under the unit trust mandate is RM1,000 while for the private mandate, it may require a larger sum of money.

• Once members fulfil eligibility, they can choose their desired funds. Of the 336 funds listed under the scheme, 220 funds are qualified to be offered for period 2015/2016.

• Members are not allowed to withdraw any amount from the money invested through the FMI.

• EPF will release its control on the invested amount by the FMI when a member reaches age 55 or has made full withdrawal under leaving the country, incapacitation, pensionable employees and death withdrawals.

• Claims or resale of the invested units will be managed by the member or next-of-kin directly with the FMI.

For more details, click on https://www.imoney.my/

Read more at http://www.thestar.com.my/business/business-news/2017/02/25/look-beyond-epf-dividends-when-preparing-for-retirement/#etg0fEtYklYR5UXD.99
26
Equities / Re: 0102 CONNECT ~~~ USB 3.1 TYPE - C is Mega trend >>>>
« Last post by CurryLee on Yesterday at 07:29:28 PM »
rapid con..... :D fai fai ngak....

i want to buy connek on monday...... :clap: :clap: :clap: :clap: :thumbsup:
27
This is for long term and compounding investment.

Please recommend.

 :handshake: :handshake: :handshake:
28
Global Markets / Re: professor robert schiller
« Last post by king on Yesterday at 07:06:20 PM »


【视频】美股贵得离谱!
诺奖得主呼吁这么做……
1216点看 2017年2月25日
 
罗拔舒勒指美股估值昂贵得令人忧虑。(网络图)

(纽约25日综合电)美国股市屡创新高,其中,标普500指数总市值更冲破20兆美元(约88兆令吉),其周期性调整市盈率(CAPE)已经高达28.66,为自2004年以来最高。


CAPE是将股票指数除以其成分股过去10年经调整通胀的移动平均盈利,目的是评估在整个经济周期之下的盈利水平。

预期回报或已达轻微负值

耶鲁大学经济学教授罗拔舒勒接受外媒访问时表示,美股估值昂贵得令人忧虑,这是长线投资者减持的绝佳时机。他又指,在这个水平,美股预期回报或已达轻微的负值。

不过,舒勒称,由于短期走势仍难以预测,因此,CAPE指标不一定意味着即将爆发股灾。“我们无法正确预测股市,但CAPE如此之高,长期而言,股市通常已难有表现。”他续说。

曾获诺贝尔经济学奖的舒勒过去就CAPE进行了很多学术研究,并在其2000年的著作《非理性繁荣》中将此概念普及化。因此,CAPE亦称为舒勒市盈率。



新闻来源:综合报道


 点赞 1赞
FacebookTwitterGoogle+WhatsApp
相关课题: 罗拔舒勒美股
上则新闻
【视频】特朗普骂造假!
禁CNN、BBC参加白宫简报
下则新闻
特朗普批“汇率操纵冠军”
中国霸气回应……

29
Personal Finance / Re: INCOME TAX
« Last post by king on Yesterday at 06:38:15 PM »



国內  2017年02月25日
今年料420万人电子报税

(吉隆坡25日讯 )內陆税收局首席执行员拿督沙宾估计今年会有420万人以电子报税,比去年增加2.4 %。

內陆税收局日前宣佈纳税者可从3月1日起,通过电子报税呈报2016年所得税报税表(BNCP)。

沙宾沙米达今日出席內陆税收局健康运动活动后,接受媒体访问时指出,今年的电子报税系统已经做出改善,以更简易的方式让纳税人填写呈报。

他说,该局已经提升了电子报税系统的容量,国人在报税时不会面对系统故障等问题。


沙宾也促请国人儘早提呈个人所得税报表,除了可以避免网络出现拥挤当机外,也方便该局在纳税人出现多缴税款时,当局能够尽快处理退款。

他指出,今年是该局第二次举办健康运动活动,主要是向官员们推行有素质的健康生活,並促进各单位官员的联繫
30
Equities / Re: 0102 CONNECT ~~~ USB 3.1 TYPE - C is Mega trend >>>>
« Last post by yenboys on Yesterday at 06:25:53 PM »
ConnectCounty Holdings Berhad - Additional investment in Rapid Conn (S) Pte., Ltd., a wholly-owned subsidiary of CONNECT

CONNECT had on 13 January 2017 invested an additional 727,388 ordinary shares in the share capital of its wholly-owned subsidiary, Rapid Conn (S) Pte., Ltd. ("RCS") ("the Investment").
Upon completion of the Investment, the issued  share capital of RCS shall increase from 4,311,525 ordinary shares to 5,038,913 ordinary shares. RCS shall remain as a wholly-owned subsidiary of CONNECT.

This announcement is dated 22 February 2017.
Pages: 1 2 [3] 4 5 6 ... 10