The word JUMP and stock market Achtung

Big Achtung. Big Warning. Alert! Reading so many news and stock market articles, daily reports, it seems the often quoted verb "jump" is truly misquoted and have an extremely powerful psychological influence, especially for those who are currently deep in the world of investing. Take this for instance:

In the first day of trading Thursday, Maxis shares jumped to 5.42 ringgit ($1.60), an 8.4% jump from the IPO's set price of 5 ringgit ($1.47) and toward the higher end of most analysts' expectations.

http://www.forbes.com/2009/11/19/ananda-krishnan-malaysia-maxis-ipo-markets-equities-shares-trading.html Yes the above example perhaps can warrant the word "jump". But did it just jumped out of a sudden? It was in a single day, meaning dozens of transaction. And the price kept increasing. Or adding. Or some word such as going up. First try to understand the basic physical movement. Think of your time as a child. When you were afraid of the action, but seemingly seems like a "new style of cool". You tried to launch your whole 10kg of your body with both feet. BOTH FEET?! What a feat! Oh no no. I can't only one leg up at a time. Cos jumping is truly a life changing movement. Several years into school, there are sports event. When finally you are able to jump, for some basketball shots, badminton smashes or similar acrobatic movement, a jump still took a significant toil on your body - your joints, muscle, a long stretch, a big reverse gravitational movement to move upwards. Bloomberg and the other news channel often over-use the word jump. BP shares jumped 0.4 percent to close at $22.20. What is the significant of it? Was the word jump really about the price jumping? No, it was down perhaps by over 50%, over $20 dollars over the past few days and months of their Gulf leakage crisis. So on and so forth. You can figure it out. So the next time, when you see the verb jump in any financial, investing, business context, re-evaluate the significance, what happened before.

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CTA Account yield higher interest than Bank Savings

Right now, it seems cash is king (again).
And is the garden-variety savings account still the well taken path?

Checking on Maybank's Saving Account Rate, it yields 0.3 percent per annum for balance of zero to 24999 RM. This is the range of cash we would have in the savings account. Several thousand ringgit. Enough for monthly budgeting (I don't withdraw daily, do you?!!!) of a quarterly duration.

To beat this rate, the next best option that most consumers think of is Fixed Deposit or Invested Deposits. The yield aren't much higher. And the average is about 3%. Here your money is locked out for 3 months, 6 months or a year.

So here is a new suggestion: If you already are a stock investor who usually pays via cheque, or settling as you go, consider opening a CTA Account. Client Trust Account simply means a place to park your money for the immediate incoming settlement of stocks transaction.

The good news.

The yield is 2.4% per annum. And recently, for example, Hong Leong E-Broking has increased that interest rate to 2.6% per annum.

Two advantages for having a CTA account:
1) The actual function of the CTA - to accommodate payment of incoming outstanding settlement of stock purchases - without forgetting or penalised for stepping over T+3. Settlement are automatically deducted.
2) Getting a super-normal premium over savings interest! At 2.5% that is about ten fold of the bank savings interest rate.

Mobile Internet Rates in Thailand Lower than Malaysia

Is it surprising or shocking? Mobile internet is lower than in Malaysia.

Osaka Japan

Osaka - the second largest city of Japan - take advantage of AirAsia's Promotion 2011.

Nasi Lemak 2.0 Movie in the Year 2011

Nasi lemak has become a controversial topic ever since it was declared a super high calorie food being over-consumed by regular Malaysians. Yes it is true. It is all plain white rice (high caloric refined and processed carbohydrates) and cooked in coconut milk - and usually with the economic uncertainty plus greediness of vendors, the rice portion has increased by 20%, and the other ingredients such as egg, being watered-down literally with more water or added flour before frying and flattening the egg so much and cut so thin, it could melt in your mouth - that tiny 2cm morsel of the last dignifying piece of protein in this commoner's meal.