SARA 1 Malaysia

Government has come out with this AMANAH SAHAM scheme where it will help low income group to increase their income...
NAJIB said that under SARA 1 Malaysia,5k investment will generate monthly income of rm138 and loan will be provided if we have no capital for this investment.
even after loan repayment,it will still generate rm50 per month.

138x12= 1,656
1656 out of 5000 equal to 33.12% p.a!!

but there is no guarantee of 33.12%...
we can see the T&C at the bottom of those ads...
nevertheless, it will still be a good investment for those low income group...
historically show that Amanah Saham Malaysia and Amanah Saham Wawasan 2020 generate more than 6% p.a.

so i do believe this SARA 1 Malaysia will not be worse than the previous amanah saham...
some more, government supporting this SARA 1 Malaysia with 100 million...



For more info:
click here

Investment Policy 2012

Get my lesson last year on OVER DIVEST!!!
Now on,i will never reduce my Equity holding less that 40% no matter what happen on the market...

My total portfolio will be divided into 4 parts in 2012,
1-Equity
2-Fixed income~Amanah Saham Malaysia and Amanah Saham 1 Malaysia
3-Gold&Silver
4-Cash

Equity-
never go below 40%,
focus on small medium company where there will be future growth potential.
focus on strong fundamental company with more CASH,low Debt,strong CF.
focus on agriculture~plantation,healthcare and tech stock.
focus on dividend company.

Current holding:
44% equity in tech due to their low valuation and potential rebound in 2012...
strong fundamental tech stock~GTRONIC and UCHITEC(HALF TECH company)
31% in agriculture and plantation>>CCK and TSH
25% in S'pore compnay...
Shipping trust with high DY>>FSL trust.

High DY holdings are UCHITEC,GTRONIC,FSL around 10%
moderate DY will be CCK AND TSH around 4%

2012 Watchlist:
healthcare: KPJ,AHEALTH&TDM(plantation+healthcare)
Agriculture: QL,TWS,FIMA(plantation+printing+building management)
Small Medium with high DY: PARAMON,SUNWAY,DELUEM,REITs,PTARAS,TIENWAH

yearly target: 15% and reach total of 40k
Dividend target: annual dividend of 2.5k

I do not want to expose my own equity investment in those blue chip because its potential future growth tend to be lower than those small and medium company.
besides that, i has some indirect exposure of it from my AMANAH SAHAM...

Due to more uncertain economic,
will increase my AMANAH SAHAM portion to secure the 6.5% dividend yield...

Lastly,
will invest around 10-20% of my total portfolio in GOLD and SILVER to preserve my portfolio's purchasing power.

Blog traffic increased

Increased my blog traffic after changing my blog address...
there is a significant increment...yeah...
next i have to increase my ADS status in nuffnang...

last time i got 2 5 stars status and 1 3 star...
now i have to start all over again from 3 star...

Insurance

No matter who you are and where you are...
This is one of the most important thing in our life...
There is always a risk that ACCIDENT or some extraordinary incident that might cause HUGE damage to us...
That's why we have to transfer the risk to other party...
We pay a premium to a company for a coverage due to those incident and they will pay $$ to us to cover the damage or loss...

But what should we insure???
how much should we insure???
how long should we insure???

Not many of us know about these...
many are blind folded by their agent who taking care their own pocket more than the client's!!!

Besides that, Not many agents even go through the whole insurance agreement and explain it to his/her clients...

life insurance is a must if you have dependent...
but it doesn't necessary to be whole life...
term and investment link policy might provide more effective protection...
its depend on how long do you need to "cover" your dependents who is ur wife or ur children...
For me,life insurance will be a NO if me and my wife are already 60-70, financial dependent and all my kids are adult!!!
Dont over INSURED!!!

For me and my wife,
Personal accident,illnesses and medical insurance are always a MUST
and it is also a MUST to everyone who may get hurt and need medical treatment!!!
so get what you need and dont over insured...

Saving plan is good plan for education fund purpose...
but not really a wise choice for those who are already 50 and above, financial stable and all kids are adult...
BUT many AGENTS tend to push saving plan to almost everyone...
where most of the time,
its is not a NEED for their clients....

TAKE CARE YOUR CLIENTS FIRST!!!
NOT YOUR POCKET!!!

Lastly,
sad to say that independent financial adviser is not workable in Malaysia yet...
most of the "financial planner" in Malaysia come with the conflict of interest with their clients...

i think agents have to know the ethic of their conduct...
wish there will be more and more people know how to plan and manage their financial...

Me in 2012

2012 will be one of the most significant year of my life...
2012 will decide which road and where am i heading to...
This is the real junction of my life...

We must have a plan and targets...
to guide us and motivate us to move forward!

1st thing...
stay with my family and be with them when they need me...
i'm the eldest, i have to do it...
no matter how good you are or how much u earn every month...
without your family, its nothing...you're nothing...

2nd thing...
My finance target...
i missed 2011 target so much...
in 2012 i set myself to hit the 40k investment portfolio...
with a dividend income of 2.5k...
will set up the investment policy for myself soon...
besides that, i must make myself to generate more than RM4k per month if i'm kl and 3k if i'm in sabah!!

3rd thing...
Do at least 1 meaningful stuff or event in 2012...
at the moment, i'm planning for DEFYING GRAVITY PARTY 2012 which is a charity dance event...
it will help charity organizations to raise fund,
promote healthy lifestyle>>the right dancing culture,
to train youngsters to organize stuff...

4th...
READ 20 BOOKS!!!
there is a Chinese say: "book has golden house"
learn from the book and we can find peace in the book!!

5th...
i want to have my own biz...
thinking of a studio,event planning,tuition...
have to confirm where do i start my 3rd stage of life 1st...

6th...
KEEP FIT...
have been gaining so much fat and weight after i retired from dancing...
spare tyres...
65kg with at least 4 packs...

2012 will no be an easy and simple road for myself...
many uncertainties and many tough decisions to make...
God bless me that i will head to the right direction...