Retirement Planning - Can You Really Afford To Retire?

Posted on December 2, 2007
Filed Under Retirement | Leave a Comment

Retirement planning doesn’t mean much to most 20 year olds. Nothing creates urgency like urgency! What happens when the baby boomer generation starts to opt out of the work force en masse in the next few years?

The answer is probably no and this was a real sticky point during the 1990s however, the topic of phased retirement suddenly surfaced and while there is no official reference point you can visit to get the low down on phased retirement, it’s a subject which will gather momentum in the next few years.

In a brand new report released by the The Smart Retiree, phased retirement has been looked at in depth and presents some interesting and startling statistics about retirement.

The simple truth is, a great majority of people just cannot afford to give up their pay check. What is supposed to be a time of celebration for long time workers, the prospect of giving up a large chunk of their income doesn’t cause salivation in the mouth.

Retirement planning wasn’t supposed to be like this. Phased retirement has the potential to solve several possible conundrums. One of those is obviously allowing a retiree to keep working in a reduced capacity and bringing in much needed income.

It also allows those retirees who need to work to maintain strong purpose in their lives the opportunity to so. And more importantly, with the exodus of the baby boomer generation from the work force, a lot of valuable expertise will be lost with their exit and phased retirement allows industry to retain this experience.

Retirement planning is about having a nest egg large enough to sustain one in their retirement years. It’s supposed to cover things such as day-to-day expenses, vacation and hobby interests, not to mention leaving some aside for the kids and grand kids.

If You Like Penny Stocks….

Posted on December 1, 2007
Filed Under Trading General, Stock Market | Leave a Comment

The Bursa Malaysia Berhad is an important member of the global stock markets, with a history stretching back almost 80 years. Instituted in 1930, the private Singapore Stockbrokers’ Association was the first sanctioned securities trading organization in Malaysia. This association of stock market malaysia was renamed the Malayan Stockbrokers’ Association in 1937, but did not yet publicly trade shares.

In 1960, public trading of shares was inaugurated with the public Malaysian market, called the Malayan Stock Exchange. The Malayan Stock Exchange was the predecessor of the modern Malayan securities market. The Malayan Stock Exchange was renamed the Stock Exchange of Malaysia in 1964.

The stock market malaysia operations continued as the Stock Exchange of Malaysia and Singapore (SEMS) after Singapore seceded from Malaysia in 1965. The exchange split into the Stock Exchange of Singapore, and the Kuala Lumpur Stock Exchange Board in 1973, following the separation of the Malayan and Singapore currencies. In 1976, the Kuala Lumpur Stock Exchange was incorporated to take over operations of the KLSEB. The KLSEB was renamed the Kuala Lumpur Stock Exchange in 1994.

Under direction of the Demutualization Act, in 2004 the klse stock market was converted from a not-for-profit organization limited by the guarantee of its membership, to an entity limited by its shares, called the Bursa Malaysia Berhad. At this time, the stock market malaysia exchanges had a market capitalization of US $189 billion. With conversion, the securities exchange part of the business was transferred to a wholly-owned subsidiary, Bursa Securities. In 2005, Bursa Malaysia was listed on the Main Board of Bursa Malaysia Securities Berhad.

The main index, called the Kuala Lumpur Composite Index (KLCI) passed the 1,000 milestone in 2006, and in June 2007 held a market capitalization of US $307 billion. The market operations are divided into a Securities Exchange, a Derivatives Exchange, and an Offshore Exchange.

Larger companies are listed on the Bursa Malaysia Securities Main Board, medium sized companies on the Second Board, and high growth and technology companies on the MESDAQ market. There is also a separate board for offshore companies. Futures and options contracts are traded on the Derivatives Exchange, operated by Bursa Derivatives. These capital markets are regulated by various acts of parliament. The network of holding companies also develops and distributes comprehensive market information products and services.

Retirement Planning - Can You Really Afford To Retire?

If You Like Penny Stocks….

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