Increment 2012

Hurray!!! Got my 1st paycheck with the 2012 increment slapped in.
Good news heh?

Apparently not.
With my increment and a screwed up tax structure, I am actually receiving LESS nett salary.
WTF!!! Yeah, I am getting more, with less. Or should I say less, with more.

Mega Sales!!!!

Oh no!!! The dreaded period is here. 30% here, 40% there. Crap!!!!
Why are the boutiques torturing me? I need to stop spending demmit!! Ok, maybe not to stop spending, I need to stop myself from keep buying, demmit!!!
Although I did already make a few innocent retail purchases. Oh Im doomed.

Do I need a laptop backpack? Need hor? Or dont need? Crap...Say dont need demmit!!! Whatever laptop bag I am using, I am still me. Correct? Say correct demmit!!!

Yay. Yeah...I dont need to buy anything already. I am perfectly fine now. Everything can self sustain itself now.
Good good. So, no more buying ok? OK??!?!
But what about that shoe? Can use for work......oh crap. Fuck off u devil!!!!

Money no enough

It seems that the more I earn, the less I save.  =_="
Quite a strange yet common phenomena. Trying hard to overcome it. Haihs.

I have this friend. Whom I believe earn around 5X less than me, yet saves more than me. =_="
Respect!
He is not from a rich family either and yet he never show any pokai symptom almost everyone is showing at around end of the month. Instead, he can have extra for savings and giving monetary assistance to those who need it. He is not even the kedekut type either. He joins me for makan makan, minum minum too.

So where did it went wrong? With me of course.
Gah!!!!
I need to be more like my friend described above. Right now, I find myself affording lesser than before. Everything seems more expensive. Things I used to afford, I cant afford them now!!!! 
Really something is wrong here. =_="

I dont think its the Car.
Haihs.....what went wrong huh?

25,000 Rupees

Sob Sob....
They came for collection. Actually I called them over to collect. Dont want the bill to be kept for so long.
25k gone aaaaaaaa.
Sob Sob

The Expensive Secret Recipe

Coincidentally, all the ppl living in my house (there are 4 of us) are buying new cars this year. There are two distinctive differences.

1. They ordered theirs long ago, but mine will arrive lots earlier

2. I got myself a Pug, all there of them are higher end Mercedes.

Apart from the car purchases, there are also strikingly similar traits shared by them. There of them tried Secret Recipe cakes for once, then swear never to have them again. The reason - too expensive. They never have Secret Recipe for so long, that they thought a slice of cake will cost them RM 5. They rather have Wan Tan Mee (their comparison).

They complain a RM 20 haircut to be excessively overpriced. Maybe had one or two haircuts above RM 20 in their life time.

Their ages are in the early 30s, early 40s and early 50s respectively.
Certainly not an age thingy then.

Are Secret Recipe cakes too expensive? I know they cost more than RM 10, not RM 5.

New Year liau ni

Eh, year 2011 liau ni.
New year liau, Apa boleh buat?

Saw some CNY forecast for CNY. Accidental though. Mentioned a fair bit of not-so-good points.
But the thing is, all the bad points mentioned happened to me last year.

So in theory, and practically, its time for the good things to happen right?
Good!!!!

New job, new career, new house, new car. Seems like a good start!
I mean good start as it seems that all the new things are upgrades, I hope.

100 meter dash

I am wondering.
Since I am at the beginning of this new U-turn, should I do a 100 meter dash?

I did a little dash several years back. A dash which provided me with abundance of opportunities. I squandered them all by not having enough knowledge; and by being naive.

I am now in the position to do another dash. A short dash. I rejected a long dash because my knees are not too good nowadays. Maybe not 100 meter, but I still can afford a 30 meter dash. With enough knowledge, a 30 meter dash will work just fine.

What do you think? 

Kicking Off !!!!!

Hmm
My great plans is now on the move. Actually its just a great plan. The s is added to help a comrade. And the s took mucho of my bullets away. More than 60% of my bullet.
Ouch.
Not mucho of a return from that s plan. Sigh. But comradeship is needed in this world to survive. I needed to give away a huge portion of cake to others in my orginal big plan too. We cant be too greedy in this world. Too many people will be looking forward to kick you down when you reach higher. You will need some comrades to withstand those kicks.

Wish me luck dude.
The match has begun!!!!! Kicking off now!!!

Unit trust

Finally my Mutual Funds reached their breakeven stage. Some still in the -ve region though, but overall, they are ok.
Im thinking of selling all of them. Channel the funds to another income vehicle. Or should I just keep them?

The share market will get stagnant or pludge in a near futher anyway. Hmm...
If transfered out, where should I channel them to?

Up n Down

Haihs.
I guess u gain some, u lose some.
Then sometimes you stay static all the time.

ALAM (5115)

AVP - RM 1.440
TP - RM 1.430

My first stop loss. Sob sob.
I didnt want to bring it to another day trading because I want to queue for another stock.

Intraday Trading

Shit man. I asked my broker about intraday trading on 27/05/09 for the fees and requirements. He only told me the fees will be 0.15% instead of 0.42% or a minimum of RM28. So I mah stepped into the realm of Intraday Trading lo. Started with Huaan, then today KNM. Riskier, but accumulated small peanuts, make big sags of peanuts.

But then again I saw the fees remained at 0.42%, cutting my peanuts by quite a lot!!! I confronted the agent at 9am today and keep sending reminder because he didnt response. He only responded at 3pm!!!!!
He said I need to fill in some form. WTF!!!! Before this why never tell? Now only tell? And so late???

Damn shit man... Public Mutuals agent and fund managers are bullshit. Now own e-trading also encounter bullshits. Non stop bullshit in this dog-eat-dog world man. OT-makes me think of Pulau Ketam.

KNM (7164)

AVP - RM 0.825
TP - RM 0.845

Queued at 0.825, didnt want to miss the boat by queuing lower. Even I queued at this price, the best buying price at that time, it took a while before it was matched. Changed from earlier 0.820 queue too. It did went to 0.815 in a 30 minutes time frame. Scared me for a while.

Queued to sell at 0.845 and went to sleep. Didnt want to get burnt. The price is now 0.890 and its just 3:35pm. After deducting the fees, earned a Jogoya meal. Good trade on a risky day.

Negative Cashflow

I did a rough calculation on my spending and the result shocked me. I am having a negative cashflow!!!! OMG OMG.
I didnt even put in lavish spendings. Just makan, loan repayments, rental, petrol.
Really the OMG. I dont even know where to cut. Except to eat less. Sweat.

The only other option is to earn more. Hmm.
I dont think a consistent earning in the stock market should be taken into account. I dont think I can pull it off either. I was uncle limming all the while. Even if they are educated uncle limming, it is still unwise to count it as butter n bread. Extra servings of desserts ok la.

So how to earn more? Consistently. Overquotes like invest in education/knowledge not really welcomed. That that Im against the quote, Im against the quoters who just know how to quote. Im having a fair share of cash to make good use of. Not big amount, but sufficient for small plays in various of fields. I just need to find out - which field is good and can provide me of what I want.

Malaysia economy contracted by 6.2%

I saw an earlier news about the possibility of a greater contraction than predicted. By the way Malaysians react to such news, I knew its not a problem to jump in and take some profit (Huaan). I was lucky as I was doing intra-day trading. Not only I saved on the commission, I was able to pull my foot back up before the real announcement was made. Quote from The Star

KUALA LUMPUR: The economy contracted by 6.2% in the first quarter (Q1) from the same period a year ago as a significant deterioration in external demand dragged the key manufacturing sector significantly lower.

Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said at a media briefing on Wednesday that “the deterioration was greater than expected” and that the exports outlook “remained weak”.

She added that Q2’s performance would likely be similar to the quarter under review.

According to the central bank’s report on the economy, all sectors experienced contractions year-on-year except for construction, which was boosted by spending through fiscal measures.

It added that the large inventory drawdown, particularly in manufacturing and commodity, also contributed to the decline in growth.

The manufacturing sector declined significantly by 17.6% led by a 23.1% contraction in export-oriented industries with the electrical and electronics subsector experiencing a steep 41.4% contraction.

The domestic-oriented industries also experienced a decline of 15.9% due to weakness in both consumer- and construction-related subsectors.

The central bank said the services sector was flat following a 0.1% decline due to the impact from subsectors closely linked to the manufacturing sector.

It added that the trade surplus remained large at RM32.7bil as the contraction in imports was larger than in exports due to the lower imports of intermediate and capital goods.

Even as a layman, the numbers are frightening. I think I will just stay at the sideline and monitor how things goes for the rest of the week. Thats almost the best I can do with my limited knowledge. The Public Mutual fund managers might jump into a suicide mission and squander my money before they recover. Go back to being Office Boys demmit.

HUAAN (2739)

AVP - RM 0.415
TP - RM 0.445

Queued at 0.415, the lowest price, and matched. Lucky coz it just barely minutes and touched that mark. It picked up after lunch to 0.440. Highest queue to sell was 0.450. Didnt sell higher because the volume is too much. Didnt want to risk, so sold at 0.445. Price went up and touched 0.495, closed at 0.475.

No regrets because it was gloomy on most other parts.

TEBRAU (1589)

AVP - RM 0.541
TP - RM 0.790

Touched 0.80 a lil but my highest option was 0.79. Not free to monitor at that time.
So 0.79 was the best highest selling price for that day. Lucky.

It remained the best highest selling price for many days after. Very lucky.

KLCI May rally

It has been a productive week. My previous losses was completely wiped out in just two trades. Not paper gain as I sold off the shares. Now only left with paper loss which I wont be selling for a very long future. Put it there to remind me of the possible losses I can make.

Stock Market versus Unit Trusts

I dump my money into unit trusts, specifically Public Mutual for two reasons.
1. As a forced saving
2. Malas to play in stock market

I do buy shares once in a while when Im free to analyse them. But more towards unit trusts. My relationship with unit trust kept dwindling though. While I understand unit trusts are not meant for instant or short term gain, I didnt expect it to make 40% of cash vanish. It was good initially. +30% in the first year, then the great decline came. Not that I am blaming anyone for the trusts' value to drop, but wtf with the big big drop.

The fund managers are definately idiots. Or they are just officeboy promoted to be fund managers, seeing the amount and types of fund coming out every month. Maybe thats why the mismanage of funds. I mean, they are making the same mistakes as I do. During the great decline, I made a few wrong choices, and they make the same wrong choices. So I lose 40% in both Stock Market and Unit Trust.
Now that the great decline has pass, I recouped 50% of the 40% lost in Stock Market, and those fund managers in Unit Trusts are not even catching up!!

If they cant match random uneducated share picking by a layman like me, what good can I make of them? Im thiking of disposing ALL of the Public Mutuals I have when they finally shred their paper losses. From the fund managers capabilities, they wont go high. Its ok if they dont go high, that is not my aim anyway. I just dont want them to make stupid mistakes again. Its ok for me to be my own fool. Letting a fool to manage your money just makes you an even bigger fool.

Im not sure if they can recoup the losses by the end of the year. They better be.

Japan Yen versus Malaysia Ringgit

It has been climbing steadily.