Our Bank Negara Govenor just annouced that we will postpone the review of interest rate. Last month, our interest rate peaked at 7.7%. But yesterday, she said YTD interest rate is only at 3.7%. Can anyone believe this?? By holding back the interest rate, she claimed it will regain back the investors' confidence.

Besides that, the oil prices also dropping. It might be hovering around $100 to $130 per barrel. All these non-replenishable comodities will only go up and up. The oil will come to $200 per barrel. It is just a matter of time.

Anyway, I will keep my eye open. Whatever going to happen from now is going to be interesting.

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Stay Away from Investment now

Today is one of my best day. I get to meet my ex-GM, Robert. It is been nearly a year we didn't meet together and have a private nice talk and coffee.

 

He is still as informative, sharp, detail and super planner as ever. We talked about much things then later to the stock market. He said our market now is just the beginning of the recession. Not only about the commodities at record high but the one which going to impact most is the revise plan of the interest rate. It is clearly a sign the nightmare of recession just begin. The interest rate is going to be heighten up due to the inflation rate which reported at 6%. Our interest rate now is far too low from that. If the rate is revised, the banks will have to tighten all the loans, IOUs, bonds and etc which they offer to the people. They need to do this as they need to clear out those low middle income earners who cannot afford to cope with the new interest rate. Soon, the banks will control and tighten the money they loan out to the public. Public will start to feel the tightening of that. Everyone (which the middle income earners - the majority) will start to squeesh their pocket money and trying to live much more lower below their means. Eventually, the spending will be less and less which causing the economy to a major slowdown. The stock market will get hit then will crop out to the property market and if the worst case scenario, the depression will come and everything will crumble to fall. Now, we only seeing the seam crack on the bath tube which is only the beginning. No one can stop this and everything will be led into each and other.

 

So, I asked him, "When will be the right buying time to the stock market?"

He said, "Everything will happen in spiral. It would probably take a year from now, but I will wait for more than that. Perhaps, two years."

 

He told me that he already sold all his stocks few months ago. Last month, all his account was cleared. I am totally shocked. I am doing the opposite. I am holding too much now. OMG!! This is crazy for me. He said, "Only the fund managers will give the public a buy call when they want to sell everything off their hand." There are some truth over all his statements and analysis. I trust him because he always win. He is already a millionaire. That's why.

My PC is up and working back. I am so happy. Initially, I thought like giving up and need to buy a new laptop which I budgeted around RM 2.5k, but now, can save back the money.  Thanks to Siew Loong, who came at late night yesterday and used 10 minutes to restored back my PC. He really got a blue fingers (someone who is good at technology gadgets). Anyway, my PC still has come problem here and there and it is super slow now, but later I will get it format and fix them.

This week I went to aikido class every two days. I am learning and developing something new for myself to explore. My own aikido techniques. It is about using my physical advantage (because I am quite tall and have long limbs ) to have minimum movement with maximum impact. It is getting more and more interesting. I feel the rush inside me whenever I am practising. I am trying to use the most minimum force I can go when practising. But there is one guy, who is super strong and tough. I never held back when practising with him. To a normal people or other students, I could easily break their wrist, arm and neck when I go for full force. At many incidents when I was practising with him, when I went all out, I lost control and it was like a double sided edge sword, which it hurts me as well. I still hold back a lot when practising with others, because the force is very deadly if the movement is vicious. I don't like to hurt people. It will grow grudge. However, it is really an interesting martial art. I think I can never stop until I have everything of it   Anyone who reach the higher level of aikido can understand what I am saying here.

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An Off Day

Today is still my off day. Quite a busy day. Nah...not that busy but things are like coming to me rather than I am going after them.

 

I woke up at 11am (quite a sleepy pig), then took my breakfast and lunch together (how's about that, can save a meal some more) with my mum. Then fetch my brother back from school and off to 1U. I got a nice parking place just in front of the GSC cinema and then bought two tickets of Hellboys: The Golden Army. It was a good show for me but not my mum. She doesn't understand the whole story line. Besides that, there was a bugger with strong stench of body smell. My mum can't stand for 10 mins later requested to change seat. I already expected she not going to enjoy this movie from the beginning but there isn't any chinese movie on showing. But never mind, she seems like the new Mummy movie: The Emperor Dragon when it was showing supporting ad. Maybe, and probably, I will bring her again there. Then start buying a lot of things (especially food) for her so she doesn't need to cook for dinner. Argh...over budget and really spent too much.

 

Then came back took half an hour nap then had dinner with the dishes bought from 1U. Not bad either. And off to go to aikido class After that, just spent all remaining time reading newspaper.

 

Something just not right. For two days, I can't access to my pc. ARGH...I cleaned my pc yesterday and then when starting up, nothing happened. Just dunno where went wrong. I checked everything, thoroughly and few times more. Just don't know why it can't start up. It is driving me crazy. Everything is in there. I need them! My only computer expert friend (who always helps me on all the pc's problems) has left to Singapore. Luckily, Siew Loong (another expert) offered his help. But he is kinda busy lately. So need to wait few days for him. I don't know how much longer I can live without my pc.

 

Tomorrow need to go back to work. Have to wake up early. How I wish that I don't need to work forever.