Tuesday, October 21, 2008

Understanding the Current World Financial Situation

If you have difficulty understanding the current world financial situation,the following should help laymen like us...
Once upon a time, a man announced to the villagers that he would buy monkeys for $10. The villagers seeing there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that hewould now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. In the absence of the man, the assistant told the villagers: 'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.'
The villagers squeezed together their savings and bought all the monkeys.
Then they never saw the man or his assistant again, only monkeys everywhere!
Welcome to WALL STREET.


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Monday, July 28, 2008

~~ 絕對經典~~

當我向老板請假的時候,老板寫了這封信這樣回答我:
你想請一天假?看看你在向公司要求什麼?一年裡有365天你可以工作。 一年52個星期,你已經 每星期休息2天,剩下261天工作。你每天有16小時不在工作,去掉170天,剩下91天。每天你花30分鐘時間喝咖啡,加起來 每年23天,剩下68天。每天午飯時間你花掉1小時,又用掉46天,還有22天。通常你每年請2天病假,這樣你的工作時間只有20天。每年有5個節假日,公司休息不上班,你只幹15 天。

每年公司還慷慨地給你14天假期,算下來你就工作1天,而你他媽的還要請這一天假?



我的回信內容:
你怎麼不說

我每天8:30上班,我8:00 就要從家中出門(這段時間我為公司做事,但是....... 沒有給我錢)。每天17:30下班,我要到18:00才會到家(這段時間我為公司做事,但是......沒有給我錢)。公司規定不能隨便穿,要穿襯衫西裝庫皮鞋,偏偏我最討厭穿襯衫西裝褲皮鞋,這我要花自己的錢去買,公司也沒有給錢。

每天看電腦,對我的眼睛是一大傷害,我近視平均每年增加至少100度,將來的醫藥費還要自己付,為了工作傷害自己永久的健康,公司也不做這方面的補助。每天用滑鼠鍵盤,害的我肩膀酸痛的要死,回去還要自己買SALONPAS來貼,這部份公司又不提供SALONPAS,又得我自己出錢。

每次有案子,你一句話丟下來,我就要花盡心思,怎麼打一份讓你交差的企劃書,隨時隨地走到哪裡連半夜作夢都夢到,公司也沒給我加班費。客戶不爽,打來公司對著我的耳朵狂吼,弄的我精神衰弱、食慾不振,還要開夜車趕案子,開紿懷疑我會過勞死,公司也沒給我錢和保險。

每天希望同事和客戶在工作上能夠配合,所以自己出去玩的時候,還要買個紀念品給同事和客戶以打好關係,這紀念品的錢還是要我自己出。我不過多請一天假 ~

你媽的還不讓我請這一天的假


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Thursday, May 08, 2008

BRILLIANT 3 MINUTE MANAGEMENT COURSE

  • Lesson 1
A man is getting into the shower just as his wife is finishing her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next-door neighbour. Before she says a word, Bob says, "I'll give you R 800 to drop that towel."After thinking for a moment, the woman drops her towel and stands naked in front of Bob.
After a few seconds, Bob hands her R 800 and leaves.
The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks, "Who was that?""It was Bob the next door neighbour," she replies."Great!" the husband says, "did he say anything about the R 800 he owes me?"
*Moral of the story*
If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.
  • Lesson 2
A priest offered a Nun a lift.
She got in and crossed her legs, forcing her gown to reveal a leg.
The priest nearly had an accident.After controlling the car, he stealthily slid his hand up her leg.
The nun said, "Father, remember Psalm 129?"
The priest removed his hand. But, changing gears, he let his hand slide up her leg again.
The nun once again said, "Father, remember Psalm 129?"
The priest apologised "Sorry sister but the flesh is weak."
Arriving at the convent, the nun went on her way.
On his arrival at the church, the priest rushed to look up Psalm 129. It said, "Go forth and seek, further up, you will find glory."
*Moral of the story*
If you are not well informed in your job, you might miss a great opportunity.
  • Lesson 3
A sales rep, an administration clerk, and the manager are walking to lunch when they find an antique oil lamp.
They rub it and a Genie comes out. The Genie says, "I'll give each of you just one wish.""Me first! Me first!" says the admin clerk. "I want to be in the Bahamas , driving a speedboat, without a care in the world."
Puff! She's gone.
"Me next! Me next!" says the sales rep. "I want to be in Hawaii , relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life."
Puff! He's gone."
OK, you're up," the Genie says to the manager. The manager says, "I want those two back in the office after lunch."
*Moral of the story*
Always let your boss have the first say.
  • Lesson 4
An eagle was sitting on a tree resting, doing nothing.
A small rabbit saw the eagle and asked him, "Can I also sit like you and do nothing?"
The eagle answered: "Sure, why not."
So, the rabbit sat on the ground below the eagle and rested. All of a sudden, a fox appeared, jumped on the rabbit and ate it.
*Moral of the story*
To be sitting and doing nothing, you must be sitting very, very high up!!!!!!!!!!!!
  • Lesson 5
A turkey was chatting with a bull. "I would love to be able to get to the top of that tree," sighed the turkey, "but I haven't got the energy." "Well, why don't you nibble on some of my droppings?" replied the bull.
"They're packed with nutrients." The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.
The next day, after eating some more dung, he reached the second branch.
Finally after a fourth night, the turkey was proudly perched at the top of the tree. He was promptly spotted by a farmer, who shot him out of the tree.
*Moral of the story*
Bullsh!t might get you to the top, but it won't keep you there.
  • Lesson 6
A little bird was flying south for the winter. It was so cold the bird froze and fell to the ground into a large field. While he was lying there, a cow came by and dropped some dung on him.
As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was. The dung was actually thawing him out!
He lay there all warm and happy, and soon began to sing for joy. A passing cat heard the bird singing and came to investigate.
Following the sound, the cat discovered the bird under the pile of cow dung and promptly dug him out and ate him.
*Moral of the story*
(1) Not everyone who sh!ts on you is your enemy.
(2) Not everyone who gets you out of sh!t is your friend.
(3) And when you're in deep sh!t, it's best to keep your mouth shut!
This ends the 3-minute management course

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Friday, April 18, 2008

給辛苦的上班族分享 !!

收到一位朋友的电邮分享了一个这样的故事。
大學剛畢業的時候,某電視公司請我去主持個特別節目,那節目的導播看我文章不錯,又要我兼編劇。 可是當節目做完,領酬勞的時候,導播不但不給我編劇費,還扣我一半的主持費。 他把收據交給我說: 『你簽收一千六,但我只能給你八百,因為節目透支了。』 我當時沒吭聲,照簽了,心想 【君子報仇,十年不晚。】
後來那導播又找我,我還 【照樣】幫他做了幾次。 最後一次,他沒扣我錢,變得對我很客氣, 因為那時我被電視公司的新聞部看上, 一下子成為了電視記者兼新聞主播。 我們後來常在公司遇到,他每次笑得都有點尷尬。 我曾經想去告他一狀,可是正如高中那位同學所說,沒有他我能有今天嗎? 如果我當初不忍下一口氣,又能繼續獲得主持的機會嗎? 機會是他給的,他是我的貴人,他已經知錯,我何必去報復呢?
後來我到了美國留學。 有一天,一位已經就業的同學對我抱怨他的美國老闆 【吃】 他,不但給他很少的薪水,而且故意拖延他的綠卡(美國居留權)申請。 我當時對他說: 『這麼壞的老闆,不做也罷。但你豈能白幹了這麼久,總要多學一點,再跳槽,所以你要偷偷學。』 他聽了我的話,不但每天加班,留下來背那些商業文書的寫法。 甚至連怎麼修理影印機,都跟在工人旁邊記筆記,以便有一天自己出去創業,能夠省點修理費。
隔了半年,我問他是不是打算跳槽了? 他居然一笑:『不用!我的老闆現在對我刮目相看,又升官,又加薪,而且綠卡也馬上下來了,老闆還問我為什麼態度一百八十度轉變,變得那麼積極呢?』 他心裏的不平不見了,他作了『報復』,只是換了一種方法,而且他自我檢討,當年其實是他自己不努力。
大概前五年吧! 我遇到個有意思的事。 一位老友突然猛學算命,由生辰八字、紫薇斗數、姓名學到占星術,沒一樣不研究。 他學算命,當然不是覺得算命靈驗,而是想證明算命是騙人的東西。 原因是有一位非常著名的大師為他算命,算他活不到四十七, 他發誓,非打爛那大師的招牌不可。 你猜怎樣? 他愈學愈怕,因為他發現自己算自己,也確實活不長。 這時候,他改了,他跑去做慈善,說: 『反正活不久了,好好運用剩下的歲月,做點有意義的事。』 他很積極地投入,人人都說他變了,由一個焦躁勢利的小人,變成敦厚慈愛的君子。 不知不覺,他過了四十七、過了四十八,而今已經五十三,紅光滿面、生氣勃勃,比誰都活利健康。 「你可以去砸那大師的招牌了!」 我有一天開他玩笑。 他眼一亮,回問我: 『為什麼?』 又笑笑: 『要不是那人警告我,照我以前的個性,確實四十七歲非犯心臟病不可,他沒有不準啊!』 各位朋友!
你喜歡逞強鬥狠嗎?
你總是心有不平嗎?
你有 【此仇不報非君子】 的憤恨嗎?
一點心得 你要知道, 【敵人、仇人】… 都可以 【激發】你的 【潛能】 ,成為你的【貴人】。 你也要知道,許多怨仇、不平,其實問題都出在你自己。 你更要知道,這世間最好的 『報復』,就是運用那股不平之氣, 使自己邁向成功,以那成功和 【成功之後的胸懷】, 對待你當年的敵人,且把敵人變成朋友。 當 『冤冤相報何時了』的 【雙贏】 , 能成為 【相逢一笑泯恩仇】的 【雙贏】 。 不是人生最大的成功嗎? 如果你是正確的,你的世界就是正確的。

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Tuesday, April 01, 2008

Jimat dan Senang Kira


Kerajaan Malaysia mengumumkan pengenalan Mekanisme Penggenapan kepada 5 sen terdekat untuk semua pembayaran yang dibuat di kaunter pembayaran berkuat kuasa sepenuhnya pada 1 April 2008.
Mekanisme Penggenapan ini diterima pakai untuk jumlah keseluruhan bil dan bukan bagi setiap unit barangan. Dalam pelaksanaan Mekanisme Penggenapan ini, jumlah keseluruhan bil, yang berakhir dengan 1, 2, 6 dan 7 sen akan diturunkan kepada 5 sen yang terdekat, manakala 3, 4, 8 dan 9 sen akan dinaikkan kepada 5 sen yang terdekat.Pelaksanaan Mekanisme Penggenapan ini memberikan faedah kepada peniaga dan pelanggan.
Para peniaga akan dapat mengurangkan kos pengendalian manakala bagi para pelanggan, pembayaran akan dapat dibuat dengan lebih cepat dan lebih mudah.Jadual di bawah menggambarkan bagaimana Mekanisme Penggenapan dilaksanakan:


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Wednesday, March 26, 2008

History of Unit Trusts

Malaysia introduced the unit trust concept relatively early compared to its Asian neighbours, when, in 1959, a unit trust was first established by a company called Malayan Unit Trust Ltd.
The unit trust industry in Malaysia has therefore a history of more than four (4) decades. The development of this industry can be presented in chronological order as follows:

The Development of Unit Trusts

  • The Formative Years: 1959 -1979
    The first two decades in the history of the unit trust industry were characterised by slow growth in the sales of units and a lack of public interest in the new investment product. Only five unit trust management companies were established, with a total of 18 funds introduced over that period. The industry was regulated by several parties including the Registrar of Companies, The Public Trustee of Malaysia, Bank Negara Malaysia and the Ministry of Domestic Trade and Consumer Affairs.
    The 1970s also witnessed the emergence of state government sponsored unit trusts, in response to the Federal Government's call to mobilise domestic household savings.

  • The Period from 1980 to 1990
    This period marks the entry of government participation in the Unit Trust Industry and the formation of a Committee to regulate the unit trust industry, called the Informal Committee for Unit Trust Funds, comprising representatives from the Registrar of Companies (ROC), the Public Trustee of Malaysia, Bank Negara Malaysia (BNM) and the Capital Issues Committee (CIC).
    The 1980s marked a significant development in the history of the industry when the Skim Amanah Saham Nasional (ASN) was launched by Permodalan Nasional Berhad (PNB) in 1981. Despite only 11 funds being launched during this period, the total units subscribed by the public swelled to an unprecedented level because of the overwhelming response to ASN.
    The 1980s also witnessed the emergence of more unit trust management companies, which were subsidiaries of financial institutions. Their participation facilitated the marketing and distribution of unit trusts through bank's branch network which widened investor reach.
    The Period from 1991 to 1999
    This period witnessed the fastest growth of the unit trust industry in terms of the number of new management companies established, and funds under management. The centralisation of industry regulation, with the establishment of the Securities Commission on 1 March 1993, coupled with the implementation of the Securities Commission (Unit Trust Scheme) Regulations in 1996 and extensive marketing strategies adopted by the ASN and ASB (Amanah Saham Bumiputera), played key roles in making unit trusts household products in Malaysia. Consequently, the total asset value of funds under management grew more than threefold from RM15.72 billion at the end of 1992 to RM59.95 billion at the end of 1996. The period also saw greater product innovation and deregulation of the industry.
    Although the pace of growth of local unit trust funds has moderated since the financial crisis of 1997-1998, it has nevertheless maintained its upward trend.

  • The Period from 2000 to current
    In 2005 the unit trust industry experienced another year of strong growth which saw the net asset value of managed funds capitalising 14.2% of Bursa Malaysia’s market at RM98.5 billion at the end of 2005. Further, the liberalisation of overseas investment rules (such as the increase in overseas investment limit from 10% to 30%) by Bank Negara Malaysia has seen unit trust management companies launching numerous offshore funds or realigning investment strategies of domestic funds to invest offshore up to the permitted limit which resulted in the launch of 10 offshore funds with an intended overseas investment exposure of more than 50%. As at the third quarter of 2006 the number of offshore funds with an intended overseas investment exposure of more than 50% is 38 which is clear evidence of the continued interest by the investing public for a better slice of the overseas market.

Friday, February 29, 2008

Public Mutual emerged as the biggest winner for the 5th consecutive year at The Edge-Lipper Malaysia Fund Awards 2008

Public Bank’s wholly-owned subsidiary, Public Mutual emerged for the fifth consecutive year as the biggest winner at The Edge-Lipper Malaysia Fund Awards 2008 by winning 8 of the 20 awards, including the Lipper award for Best Equity Group for 3 years category.
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said that he is very proud that Public Mutual continues to win the most number of awards at this year’s The Edge-Lipper Malaysia Fund Awards. “The icing of the cake is this is the fifth straight time that we have done it,” he added.
He attributed the company’s success to its effective investment strategies. He also thanked the fundholders for their confidence and support.
The awards were presented by Y.Bhg Dato’ Zarinah Anwar, Chairman of the Securities Commission Malaysia to Public Mutual’s Chief Executive Officer, Yeoh Kim Hong and the investment team during the award presentation ceremony which was held on 26 February 2008 at the Hilton Kuala Lumpur Hotel.
The 8 awards won by Public Mutual are:

Public Mutual Berhad: Best Equity Group Award, 3 Years

PB Fixed Income Fund
Bond Malaysian Ringgit, 5 years

PB Growth Fund
Best Equity Malaysia Fund, 5 years

Public SmallCap Fund
Best Equity Malaysia Small and Mid Caps Fund, 5 years

PB Balanced Fund
Best Mixed Asset Malaysian Ringgit Balanced Fund, 5 years

Public Ittikal Fund
Best Equity Malaysia Fund, 5 years
Best Equity Malaysia Fund, 10 years

Public Bond Fund
Best Bond Malaysian Ringgit Fund, 10 years