The sign?
Well, today the Malaysian gov announced the increase in the salary of civil servant since the last raise about 5 years ago....with the increase, it will cost the gov ~8billion anually.... what a rich country...I'm not going to comment about the service quality hence let us see for ourself the service quality change.
Anyway, why is this proposal got approved now?...it was brought up last year but rejected...so if you ask people around you....9 out of 10 will tell you that this is an election sign and it is imminent...
Without doubt this will create an even better feeling among the people(civil servant) and these people are then expected to perform their 'job' well.
So how will this affect the stock market?... hmm...a moral boost for sure.
With 9MP projects being implemented soon(hopefully), visit Malaysia year 2007, China Olympics looming and lastly the greatly anticipated election... i think we should sit down and think deep.....identify good investment vehicles, choose wisely, study and plant the seeds...then wait for the harvest.
Don't let your past experience haunts you....learn and gain from it...for a wise person is not born but created through time.
Don't stay put and watch while others build wealth....and back to the sign,... isn't it obvious?!
2 comments:
Yeah, but selectively, selectively. :)
execution is easy...but knowing which vehicle to do is not... there by only experienced and wise investors can survive and earn enough for a living... I'm refering to full time here.
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