Yeah… 2009 was a very good year for investment no matter in stock market or unit trust. The bull had been running from March until end of the year. It was a little bit flat at the end but up a lot in overall during year 2009.

FBM KLCI 2009 performance

Wow… I started to invest in stock market back in middle of year 2006. Lost lot of money until end of year 2008. Invested in some ‘dangerous’ stocks (gain fast & lose fast). Bought called warrants too. Whenever I look back those years, I laugh. How silly am I back then?

I started to invest late in year 2009. And set target to earn RM 20k in stock market that year. And I achieved it. However, it just managed to cover past few years losses. So year 2010 is a new start for stock investment. I paid lot of education fee and it’s time to gain it back.

What did I do in year 2009 compare to year 2006-2008? I studied stock research firm reports. Be aware of the current economy trend. I selected recommended stock to invest. I did my own analysis of course rather than follow research report blindly. I did not ‘play’ called warrant anymore. And invest in high dividend stock only. Focus on less than 10 stocks only like Tanjong PLC, Mudajaya and IOICorp… By the way, I did lend some money by using stock margin facility. It helped me to buy stock even that I did not have such amount of money. Else I could not reach my year 2009 target.

Looking forward ~ year 2010. This is not a smooth year to invest. Most of the stock price already reached the fair value in year 2009. But it is not impossible to make money this year. So I set another high target for me ~ RM 30k. Let’s fight for it.

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Which life insurance package should I choose? That’s the question that I ask when I started my first job after university. Everyone need an insurance package (Rich people might don’t need it). We need it on emergency. Therefore, life insurance is a must for me.

There is lot of life insurance packages in the market. Some of them are investment, saving link. And some are just life insurance. And some include 36 critical illnesses coverage. Most of them will come with personal accident coverage too. However, which life insurance package is suitable?

Mutual Life Plus 2 Coverage
The Mutual Life Plus 2 is a term insurance policy which protect you against;
A. Group Term Life (GTL)
B. Group Personal Accident (GPA)
C. 36 Critical Illnesses

I selected Mutual Life Plus 2 from Public Mutual. It is an insurance package especially designed for unitholders of Public Mutual. I still remember that it only cost RM750 for RM200,000 life insurance package coverage when I signed up. The cost increased to RM950 the next 5 years. And RM1100 from now onward. It does not include any investment or saving on this package. Whatever you pay for this package will fully use for insurance. Therefore, you get higher coverage. That’s what I prefer.

On average investment link insurance package in the market, it is priced at RM1800 to RM2000 last 5 years (I did not do research lately, not sure what is pricing for it now). Anyway, I did not select investment link package due to low coverage @ RM50,000 only. Try to ask yourself. What can you do with RM50,000 nowadays? If you caught in an accident, can this RM50,000 manages to cover your life expenses when you are disabled? I don’t think so.

Which life insurance package do you own?

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Stock is not a new thing to me. I started to invest in stock market back in year 2006. Waited for 10 years economy crisis cycle since 2006. Plan to put more money in there when economy crisis hit bottom. We can earn more in this situation. Finally, it happened on year 2008…

A new investor like me faced the common issue ~ buy high and sell low. I did lot of mistakes during there years. And it does scare me from entering the stock market. My luck is not so good. The stock price will drop when I buy it and go up when I sell it. See my previous ramblings on this…

IOICORP performance

IOICORP was the first stock that I bought this year. I managed to buy low and sell high. I bought it at RM4.1 and sold at RM4.44 the next 2 days. That’s 8.29% increment. Far more than fixed deposit rate at 2.5% per year. This is the power of stock market. You can earn lot of money in a very short time. Loss money in the same way too.

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