Equity Fund
*Public Index Fund
*Public Regular Savings Fund
*Public Sector Select Fund
*Public Aggressive Growth Fund
*Public Dividend Select Fund
*Public Focus Select Fund
*Public Growth Fund
*Public Equity Fund
*Public Industry Fund
*Public Savings Fund
Balanced Fund
*Public Balanced Fund
Bond Fund
*Public Select Bond Fund
Equity Fund (Shariah)
*Public Islamic Dividend Fund
*Public Islamic Equity Fund
*Public Islamic Optimal Growth Fund
*Public Islamic Select Treasures Fund
*Public Islamic Select Enterprises Fund
*Public Ittikal Fund
Balanced Fund (Shariah)
*Public Islamic Balanced Fund
Fixed Income Fund (Shariah)
*Public Islamic Income Fund
Money Market Fund (Shariah)
*Public Islamic Money Market Fund
Adakah anda sudah melabur dalam dana-dana yg saya nyatakan diatas?
JIKA belum...masih belum terlambat..Hubungi saya bagaimana mahu menggandakan simpanan KWSP anda itu..call call me now...0172386896
Wednesday, March 30, 2011
Thursday, March 26, 2009
Merancang Persaraan Impian
Gambar di atas adalah keratan dari suratkhabar NST yang saya dapati suatu ketika dulu. Cuba tanya diri anda, di manakah anda, apabila anda berumur 64 tahun nanti.
Maaflah, mungkin bahasa saya agak kasar. Anda mungkin tiada masalah jika anda sudah mati ketika itu. Tetapi bagaimana jika anda masih hidup ketika itu. Dapatkah anda bayangkan keadaan anda ketika itu. Bagaimanakah cara anda membiayai kehidupan anda. Mungkin perbelanjaannya tidak banyak, jika sekadar ingin makan-minum sahaja. Tetapi sebaliknya, jika anda mengalami masalah kesihatan, jumlah perbelanjaannya pasti banyak.
Persoalanannya, jika anda tiada simpanan, bolehkah anda mengharapkan sumbangan anak-anak, yang pastinya mereka juga mempunyai tanggungjawab terhadap keluarga mereka ketika itu.
Bawalah renung-renung sejenak.
Mengikut statistik, di Malaysia hitung panjang hayat penduduknya di antara 72 dan 75 tahun. Untuk pengiraan kita ambil 72 tahun sudah cukup. Jika anda bersara dari pekerjaan pada umur 55 tahun, bermakna anda akan hidup selama 17 tahun lagi.
Dan mengikut statistik yang dikeluarkan oleh KWSP sendiri, lebih dari 70% pencarum KWSP menghabiskan wang mereka dalam masa kurang dari 3 tahun selepas bersara. Jadi, sekali lagi saya ingin mengemukakan
soalan, kalau benar-benar wang anda habis selepas 3
tahun bersara, bagaimana anda boleh menyara kehidupan anda untuk 14 tahun lagi.
Sekali lagi, cuba direnung-renungkan barang sejenak.
Mahu tidak mahu anda perlu merancang dari sekarang. Rancang persaraan impian anda. Ia tidaklah sesukar mana jika anda merancang dari awal.
Mari kita lihat contoh yang saya ingin kongsikan ini.
Misalkan, apabila bersara nanti anda akan hidup selama 17 tahun lagi. Dan setiap bulan semasa persaraan itu, anda memerlukan RM2,500 sebulan. Ini Bermakna anda perlu ada tabungan sebanyak RM510,000 sebelum umur persaraan itu. Katakan anda berumur 35 tahun sekarang, bekerja dan mempunyai gaji bulanan sebanyak RM2,000.
Jika anda akan bersara pada umur 55 tahun, bermakna, anda akan bekerja selama 20 tahun lagi. Katakan caruman KWSP anda dan majikan ialah RM460 sebulan. Dan jumlah wang yang sedia ada di dalam tabung KWSP anda ialah RM60,000.
Mengikut perkiraan mudah saya, dengan kadar purata
keuntungan KWSP sebanyak 5% setahun, wang KWSP anda akan menjadi lebihkurang RM341,721 selepas 20 tahun nanti.
Seperti di awal tadi, jika anda perlukan RM510,000
pada ketika persaraan anda, bermakna anda masih
kurang sebanyak RM168,279 lagi. Jadi bagaimana anda boleh mencukupkan tabungan persaraan anda itu. Salah satu cara ialah melabur di dalam unit amanah.
Katakan anda membuka akaun pelaburan minima sebanyak RM1,000 dan melabur di dalam amanah saham yang memberikan purata keuntungan 15% setahun. Maka untuk mendapatkan tambahan RM168,279 anda perlu menambah pelaburan anda sebanyak RM124 setiap bulan. Dengan cara ini, pada ketika hari persaraan, anda telah bersedia dengan jumlah RM510,000.
Tetapi untuk makluman anda RM510,000 bukanlah suatu jumlah yang besar. Kerana di dalam kiraan tadi kita tidak mengambil kira kadar inflasi iaitu sekitar 3%
setahun.
Apakah kadar inflasi? Mudahnya, inflasi menjadikan
nilai wang anda lebih kecil. Anda memerlukan wang
yang lebih untuk membeli barang yang sama. Contohnya, hari ini anda boleh membeli gula dengan RM1.45 sekilo. Tetapi dalam masa 20 tahun lagi, harga sekilo gula ialah RM2.62 sekilo. Ini bermakna wang
RM2,500 hari ini, pada 20 tahun akan datang,
nilainya ialah lebihkurang RM1,384.19 sahaja.
Contoh di atas berlaku, jika anda hidup dan bekerja
sehingga umur 55 tahun. Sudah tentu dengan disiplin
yang tegar, anda akan berjaya melakukannya. Tetapi
hidup ini penuh dengan ketidaktentuan. Apa-apa sahaja
musibah boleh menimpa anda, yang boleh menyebabkan 2 perkara besar iaitu, keluarga anda kehilangan anda, begitu juga punca pendapatan keluarga. Dan yang paling malang lagi anda masih ada, tetapi tidak dapat bekerja disebabkan musibah tadi, bahkan mereka memerlukan perbelanjaan besar untuk menjaga dan merawat anda. Wang simpanan anda tadi akan menjadi susut sebelum tiba masanya.
Fikir-fikirkanlah,
Sediakan payung sebelum hujan
Monday, March 23, 2009
How Safe Are Unit Trusts? We Tell You More
The nerves of many investors have been badly rattled of late. The bankruptcy of Lehman Brothers, and the mini bonds saga that followed, gave investors of the Lehman Brothers mini bonds a rude awakening, as they saw their investments reduced to nothing but worthless scraps of paper.
One fundamental rule of investing: Always know what you are buying into. If you know next to nothing about what you are investing in, do not buy into it, no matter how enticing the returns may seem, or how persuasive the personal banker may sound!
At Fundsupermart. com, we advocate unit trust investments, of course. But we are also strong proponents of investor education – one of our primary responsibilities is to ensure that investors know what they are investing in and are able to make profitable investment decisions in the long run. In this article, we tell you more about the advantages and disadvantages of unit trust investing, and the risk control measures behind unit trusts.
Advantages & Disadvantages of Unit Trusts In a Nutshell
By now, investors should be well-acquainted with the numerous benefits of unit trusts. Diversification, economies of scale, professional management and liquidity are the main benefits of unit trusts. For example, for a minimum sum of RM1,000, an investor can stretch his or her dollar and gain foreign exposure.
But as with any form of investments, unit trusts have their own set of risk and disadvantages as well. Firstly, the returns from your unit trust investments fluctuate according to market conditions. There is always the possibility that the value of your investments would depreciate.
Unit trusts are professionally managed instruments, but it does come at a cost to investors. Upfront sales charges, annual management fees and expense ratios are costs that investors have to take into account. The management fees and expense ratios vary from fund to fund and some can be more expensive than others.
Having run through some of the main advantages and disadvantages of unit trusts, let's take a closer look at the risk control measures behind them.
Understanding How a Trustee Works
The assets of a fund are taken into custody, and held by a trustee. In accordance with the duties and responsibilities of a trustee of a fund, trustees are required, but not limited to:
take into custody or control all the property of the fund and hold the property on trust for the participants
ensure that all the property of the fund is properly accounted for
keep and maintain a register of the participants of the fund
By holding on to the assets of the fund, the trustee functions as a third-party `safety net' for investors.
However, this safety net is not 100% "fool-proof" either. A trustee can also become insolvent. In the event that the trustee of a fund becomes insolvent, the trustee is not allowed to use the investors' holdings and monies to offset the trustee's debts. The fund manager will appoint another approved trustee to take over as the new trustee.
Will I Get My Money Back If the Fund House Winds Up?
Investors need not worry about their investments, in the event a fund house ceases its operations.
The assets of unit trusts are held separately on trust by the trustee for the benefit of the unit holders. In the event that the fund manager goes into liquidation, a meeting will be called by either the manager or the trustee for the purpose of determining an appropriate course of action.
If a resolution is passed at the meeting, the trustee will take the necessary steps to wind up the fund. The trustee then has to ensure that the resultant proceeds have been distributed to participants in the same proportion as their holdings of units.
One fundamental rule of investing: Always know what you are buying into. If you know next to nothing about what you are investing in, do not buy into it, no matter how enticing the returns may seem, or how persuasive the personal banker may sound!
At Fundsupermart. com, we advocate unit trust investments, of course. But we are also strong proponents of investor education – one of our primary responsibilities is to ensure that investors know what they are investing in and are able to make profitable investment decisions in the long run. In this article, we tell you more about the advantages and disadvantages of unit trust investing, and the risk control measures behind unit trusts.
Advantages & Disadvantages of Unit Trusts In a Nutshell
By now, investors should be well-acquainted with the numerous benefits of unit trusts. Diversification, economies of scale, professional management and liquidity are the main benefits of unit trusts. For example, for a minimum sum of RM1,000, an investor can stretch his or her dollar and gain foreign exposure.
But as with any form of investments, unit trusts have their own set of risk and disadvantages as well. Firstly, the returns from your unit trust investments fluctuate according to market conditions. There is always the possibility that the value of your investments would depreciate.
Unit trusts are professionally managed instruments, but it does come at a cost to investors. Upfront sales charges, annual management fees and expense ratios are costs that investors have to take into account. The management fees and expense ratios vary from fund to fund and some can be more expensive than others.
Having run through some of the main advantages and disadvantages of unit trusts, let's take a closer look at the risk control measures behind them.
Understanding How a Trustee Works
The assets of a fund are taken into custody, and held by a trustee. In accordance with the duties and responsibilities of a trustee of a fund, trustees are required, but not limited to:
take into custody or control all the property of the fund and hold the property on trust for the participants
ensure that all the property of the fund is properly accounted for
keep and maintain a register of the participants of the fund
By holding on to the assets of the fund, the trustee functions as a third-party `safety net' for investors.
However, this safety net is not 100% "fool-proof" either. A trustee can also become insolvent. In the event that the trustee of a fund becomes insolvent, the trustee is not allowed to use the investors' holdings and monies to offset the trustee's debts. The fund manager will appoint another approved trustee to take over as the new trustee.
Will I Get My Money Back If the Fund House Winds Up?
Investors need not worry about their investments, in the event a fund house ceases its operations.
The assets of unit trusts are held separately on trust by the trustee for the benefit of the unit holders. In the event that the fund manager goes into liquidation, a meeting will be called by either the manager or the trustee for the purpose of determining an appropriate course of action.
If a resolution is passed at the meeting, the trustee will take the necessary steps to wind up the fund. The trustee then has to ensure that the resultant proceeds have been distributed to participants in the same proportion as their holdings of units.
Thursday, February 26, 2009
Menyimpan & Pelaburan Awal Menguntungkan Anda
Assalamualaikum dan salam sejahtera semua..bertemu kembali setelah lama penulis menyepikan diri dari menulis blog ini...
Pertemuan kita pada kali ini akan membincangkan topik yang tidak kurang pentingnya dalam kehidupan kita iaitu " Menyimpan & Pelaburan Awal Menguntungkan Anda"
Membuat pelaburan seawal yang mungkin MEMANG MENGUNTUNGKAN!!! .. Percaya atau tidak terpulang kepada anda untuk menilai senario dibawah.
Encik X berumur 20 tahun dan telah membuat pelaburan permulaan awal sebanyak rm1ooo dan membuat penambahan sebanyak rm100 setiap bulan, sehinggalah berumur 55 tahun. Dengan beranggapan keuntungan tahunan sebanyak 8%, pada umur 55 tahun Encik X akan memperolehi RM 238107.92 dari pelaburannya
Encik Y berumur 35 tahun dan telah membuat pelaburan permulaan awal sebanyak rm1000 dan membuat penambahan 3x ganda dari encik X iaitu sebanyak rm300. Sama keadaan dimana beranggapan keuntungan tahunan sebanyak 8%, pada umur 55 tahun Encik Y hanya memperolehi RM 182583.47 dari pelaburannya.
Cuba lihat perbandingan di atas. Walaupun encik Y menyimpan 3 kali ganda dari encik X
perbezaan mereka amatlah ketara iaitu sebanyak RM 55524.45 ..
Jelas dan nyata menunjukkan pelaburan awal memang menguntungkan. Jadi bertindaklah sekarang untuk membuat pelaburan agar kita tidak menyesal di kemudian hari.. Cari lah orang yang dapat membantu anda untuk membuat pelaburan yang menguntungkan.
Pertemuan kita pada kali ini akan membincangkan topik yang tidak kurang pentingnya dalam kehidupan kita iaitu " Menyimpan & Pelaburan Awal Menguntungkan Anda"
Membuat pelaburan seawal yang mungkin MEMANG MENGUNTUNGKAN!!! .. Percaya atau tidak terpulang kepada anda untuk menilai senario dibawah.
Encik X berumur 20 tahun dan telah membuat pelaburan permulaan awal sebanyak rm1ooo dan membuat penambahan sebanyak rm100 setiap bulan, sehinggalah berumur 55 tahun. Dengan beranggapan keuntungan tahunan sebanyak 8%, pada umur 55 tahun Encik X akan memperolehi RM 238107.92 dari pelaburannya
Encik Y berumur 35 tahun dan telah membuat pelaburan permulaan awal sebanyak rm1000 dan membuat penambahan 3x ganda dari encik X iaitu sebanyak rm300. Sama keadaan dimana beranggapan keuntungan tahunan sebanyak 8%, pada umur 55 tahun Encik Y hanya memperolehi RM 182583.47 dari pelaburannya.
Cuba lihat perbandingan di atas. Walaupun encik Y menyimpan 3 kali ganda dari encik X
perbezaan mereka amatlah ketara iaitu sebanyak RM 55524.45 ..
Jelas dan nyata menunjukkan pelaburan awal memang menguntungkan. Jadi bertindaklah sekarang untuk membuat pelaburan agar kita tidak menyesal di kemudian hari.. Cari lah orang yang dapat membantu anda untuk membuat pelaburan yang menguntungkan.
Tuesday, December 30, 2008
When will our stock market recover?
THE world’s stock markets, including Malaysia’s, have recovered lately.
Some analysts have viewed this recovery as window dressing activities while others have called it bear market rallies.
And there are those who wonder whether we have seen the worst.
They are eager to know whether the current stock market level has reflected all the negative news, like the sharp drop in consumer spending, higher unemployment rates or lower sales and lower profits for most of the listed companies in the coming corporate result announcements.
Every investor wants to know when will the market recover.
Some investors may be excited about the current stock market level as a lot of good quality stocks have been hammered down to attractive levels, and are keen to start accumulating them.
However, if the stock market continues to dip for long periods, certain investors may run out of “bullets” to average down their purchasing prices.
Then, they will start losing interest in the stock market as they do not have cash to purchase further and their earlier purchases also start to show losses.
We need to prepare ourselves for the market turnaround.
However, we need to be patient and wait for the right time to invest.
In this article, we will look into the past two major downcycles: the 1998 crash and 2000 crash versus the current 2008 crash.
From the table, it can be seen that the Kuala Lumpur Composite Index (KLCI) tumbled by almost 80% in a period of 18 months during the 1998 crash versus a drop of 45% in a period of 13 months during the 2000 crash.
The percentage drop and duration of the 2000 crash were much less severe and shorter compared to the 1998 crash.
For the current 2008 crash, our KLCI has plunged by 47% to its lowest level of 801 points on Oct 28.
If investors believe that the current crash is quite similar to the 2000 crash, then we may have seen the worst as the current percentage drop of 47% is near the 2000 crash of 45%.
However, if the 2008 crash mirrors the 1998 crash, then we may have to wait until the KLCI touches about the 300-point level (assuming the same 79.4% drop in the 1998 crash) before we can see any real recovery.
Hence, we may have to wait for another nine months or until September 2009 (assuming the same duration of 18 months).
We do not think the 2008 crash is similar to the 1998 crash.
Our current economic situation, like central bank reserves, the health of the banking sector as well as economic fundamentals, are much better compared to 1998. However, as mentioned earlier, we need to prepare ourselves for the worst.
What to expect from here on?
Our market will try to absorb all the negative news.
As long as the market continues to drop as a result of negative news, we know we have not seen the bottom yet.
We have to wait for the day when the stock market refuses to come down even when it is loaded with massive negative news; that should be the right time to buy.
Unfortunately, based on our past observations, by then most investors may not have any more cash to purchase or they will still worry about the economic situation.
Investors need to understand that stock market cycles are always ahead of economic cycles.
Normally, when the stock market hits the bottom, the economic situation is uncertain or is still getting worse.
by OOI KOK HWA
Some analysts have viewed this recovery as window dressing activities while others have called it bear market rallies.
And there are those who wonder whether we have seen the worst.
They are eager to know whether the current stock market level has reflected all the negative news, like the sharp drop in consumer spending, higher unemployment rates or lower sales and lower profits for most of the listed companies in the coming corporate result announcements.
Every investor wants to know when will the market recover.
Some investors may be excited about the current stock market level as a lot of good quality stocks have been hammered down to attractive levels, and are keen to start accumulating them.
However, if the stock market continues to dip for long periods, certain investors may run out of “bullets” to average down their purchasing prices.
Then, they will start losing interest in the stock market as they do not have cash to purchase further and their earlier purchases also start to show losses.
We need to prepare ourselves for the market turnaround.
However, we need to be patient and wait for the right time to invest.
In this article, we will look into the past two major downcycles: the 1998 crash and 2000 crash versus the current 2008 crash.
From the table, it can be seen that the Kuala Lumpur Composite Index (KLCI) tumbled by almost 80% in a period of 18 months during the 1998 crash versus a drop of 45% in a period of 13 months during the 2000 crash.
The percentage drop and duration of the 2000 crash were much less severe and shorter compared to the 1998 crash.
For the current 2008 crash, our KLCI has plunged by 47% to its lowest level of 801 points on Oct 28.
If investors believe that the current crash is quite similar to the 2000 crash, then we may have seen the worst as the current percentage drop of 47% is near the 2000 crash of 45%.
However, if the 2008 crash mirrors the 1998 crash, then we may have to wait until the KLCI touches about the 300-point level (assuming the same 79.4% drop in the 1998 crash) before we can see any real recovery.
Hence, we may have to wait for another nine months or until September 2009 (assuming the same duration of 18 months).
We do not think the 2008 crash is similar to the 1998 crash.
Our current economic situation, like central bank reserves, the health of the banking sector as well as economic fundamentals, are much better compared to 1998. However, as mentioned earlier, we need to prepare ourselves for the worst.
What to expect from here on?
Our market will try to absorb all the negative news.
As long as the market continues to drop as a result of negative news, we know we have not seen the bottom yet.
We have to wait for the day when the stock market refuses to come down even when it is loaded with massive negative news; that should be the right time to buy.
Unfortunately, based on our past observations, by then most investors may not have any more cash to purchase or they will still worry about the economic situation.
Investors need to understand that stock market cycles are always ahead of economic cycles.
Normally, when the stock market hits the bottom, the economic situation is uncertain or is still getting worse.
by OOI KOK HWA
Friday, December 12, 2008
Unit trust is important !!!
11-12-2008: Saving through unit trusts adds up to the future, says PNB by Regina William Email us your feedback at fd@bizedge.com
GEORGE TOWN: While the government is encouraging spending to stimulate the economy, Permodalan Nasional Bhd (PNB) chief executive officer and president Tan Sri Hamad Kama Piah says savings in the form of unit trusts would go a long way for the future.
Over the past month, PNB has issued RM2 billion worth of units in Amanah Saham Nasional (ASN), Amanah Saham Wawasan (ASW) and Amanah Saham Didik (ASD).
Hamad said while those with money could spend as encouraged by the government, there were others with less who wished to save up slowly.
"As long as you spend your money effectively, it would help the economy," Hamad said after giving a lecture titled Navigating the Rough Ocean at Universiti Sains Malaysia's School of Business Studies here yesterday.
Hamad said with the RM2 billion raised from the unit trusts, PNB would be able to invest effectively with the prevailing low prices.
"Our unit trusts have always been well received. Last week, when we launched the RM1 billion units of ASN, they were snapped up within 3.5 hours. A week earlier, the ASW worth RM490 million was finished in six hours while the RM455 million ASD was also snapped up fast.
"If there is a requirement, we will launch more," Hamad added.
Earlier in his speech, Hamad said there was no direct danger of a financial crisis in Malaysia as seen elsewhere due to the active efforts of the government during the 1997-98 financial crisis.
"Then the banks had to address a situation of overlending and bad loans. Due to the active efforts of the government, our financial institutions are now much stronger in capital, and far more prudent in lending and investing.
"There is no issue of lack of trust or confidence and our housing market did not undergo the type of bubble market seen elsewhere," he added.
Hamad said the problem for Malaysia was not so much contagion from the financial crisis, but the slowdown in the economies of the West that would have an impact on its international trade.
Hamad said with exports being the key driver of the economy especially after the 1997-98 crisis when the depreciation of the ringgit helped make Malaysia's exports more competitive, the recession affecting the US, Japan and Europe, which are Malaysia's major trading partners, would have a negative impact on exports.
"On the other hand, our economy has seen strong domestic demand over the last three years particularly in the services sector.
He said the additional RM7 billion spending by the government, with the reduction of the overnight policy rate from 3.5% to 3.25% and the statutory reserve requirement from 4% to 3.5%, should help support the economy.
He said the Malaysian banking system, particularly commercial banks, was well-positioned to survive the expected downturn in economic activities, with strong capitalisation, sustained profitability and continued improvement in the level of non-performing loans.
"Given their sound balance sheets and ample liquidity in the financial system, banking institutions remain well positioned to meet the financial needs of the economy," he added.
Taken from:
http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_24a50c66-cb73c03a-19ccba00-3be3f72b
GEORGE TOWN: While the government is encouraging spending to stimulate the economy, Permodalan Nasional Bhd (PNB) chief executive officer and president Tan Sri Hamad Kama Piah says savings in the form of unit trusts would go a long way for the future.
Over the past month, PNB has issued RM2 billion worth of units in Amanah Saham Nasional (ASN), Amanah Saham Wawasan (ASW) and Amanah Saham Didik (ASD).
Hamad said while those with money could spend as encouraged by the government, there were others with less who wished to save up slowly.
"As long as you spend your money effectively, it would help the economy," Hamad said after giving a lecture titled Navigating the Rough Ocean at Universiti Sains Malaysia's School of Business Studies here yesterday.
Hamad said with the RM2 billion raised from the unit trusts, PNB would be able to invest effectively with the prevailing low prices.
"Our unit trusts have always been well received. Last week, when we launched the RM1 billion units of ASN, they were snapped up within 3.5 hours. A week earlier, the ASW worth RM490 million was finished in six hours while the RM455 million ASD was also snapped up fast.
"If there is a requirement, we will launch more," Hamad added.
Earlier in his speech, Hamad said there was no direct danger of a financial crisis in Malaysia as seen elsewhere due to the active efforts of the government during the 1997-98 financial crisis.
"Then the banks had to address a situation of overlending and bad loans. Due to the active efforts of the government, our financial institutions are now much stronger in capital, and far more prudent in lending and investing.
"There is no issue of lack of trust or confidence and our housing market did not undergo the type of bubble market seen elsewhere," he added.
Hamad said the problem for Malaysia was not so much contagion from the financial crisis, but the slowdown in the economies of the West that would have an impact on its international trade.
Hamad said with exports being the key driver of the economy especially after the 1997-98 crisis when the depreciation of the ringgit helped make Malaysia's exports more competitive, the recession affecting the US, Japan and Europe, which are Malaysia's major trading partners, would have a negative impact on exports.
"On the other hand, our economy has seen strong domestic demand over the last three years particularly in the services sector.
He said the additional RM7 billion spending by the government, with the reduction of the overnight policy rate from 3.5% to 3.25% and the statutory reserve requirement from 4% to 3.5%, should help support the economy.
He said the Malaysian banking system, particularly commercial banks, was well-positioned to survive the expected downturn in economic activities, with strong capitalisation, sustained profitability and continued improvement in the level of non-performing loans.
"Given their sound balance sheets and ample liquidity in the financial system, banking institutions remain well positioned to meet the financial needs of the economy," he added.
Taken from:
http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_24a50c66-cb73c03a-19ccba00-3be3f72b
Friday, December 5, 2008
Neutralizing Your Two Major Fears by Brian Tracy
The Greatest Obstacle to Success
The fear of failure is the single greatest obstacle to success in adult life. Taken to its extreme, we become totally pre-occupied with not making a mistake, with seeking approval for security above all other considerations. The experience of the fear of failure is in the words of "I can't", "I can't." We feel it in the front of the body, starting at the solar plexus and moving up to the rapid beating of the heart, rapid breathing and a tight throat. We also experience this fear in the bladder and in the irresistible need to run to the bathroom.
The Fear of Rejection Holds You Back
The second major fear that interferes with performance and inhibits expression, is the fear of rejection. We learn this when our parents make their love conditional upon our behavior. If we do what pleases them, they give us love and approval. If we do something they don't like, they withdraw their love and approval-which we interpret as rejection.
The Roots of Type A Behavior
As adults, people raised with conditional love become preoccupied with the opinions of others. Many men develop Type A behavior which is characterized by hostility, suspicion and an obsession with performance to some undetermined high standard. This is expressed in the attitude of "I have to, I have to," and is associated with the feeling that "I have to work harder and accomplish more in order to please the boss" who has become a surrogate parent.
The Most Common Trap
More than 99 percent of adults experience both these fears of failure and rejection. They are caught in the trap of feeling, "I can't, but "I have to," "I have to," but "I can't."
The Key to Peak Performance
The antidote to these fears is the development of courage, character and self-esteem. The opposite of fear is actually love, self-love and self-respect. Acting with courage in a fearful situation is simply a technique that boosts our regard for ourselves to such a degree that our fears subside and lose their ability to effect our behavior and our decisions
Action Exercises
Here are two things you can do to increase your self-esteem and self-confidence and overcome your fears.First, realize and accept that you can do anything you put your mind to. Repeat the words, "I can do it! I can do it!" whenever you feel afraid for any reason.Second, continually think of yourself as a valuable and important person and remember that temporary failure is the way you learn how to succeed.
The fear of failure is the single greatest obstacle to success in adult life. Taken to its extreme, we become totally pre-occupied with not making a mistake, with seeking approval for security above all other considerations. The experience of the fear of failure is in the words of "I can't", "I can't." We feel it in the front of the body, starting at the solar plexus and moving up to the rapid beating of the heart, rapid breathing and a tight throat. We also experience this fear in the bladder and in the irresistible need to run to the bathroom.
The Fear of Rejection Holds You Back
The second major fear that interferes with performance and inhibits expression, is the fear of rejection. We learn this when our parents make their love conditional upon our behavior. If we do what pleases them, they give us love and approval. If we do something they don't like, they withdraw their love and approval-which we interpret as rejection.
The Roots of Type A Behavior
As adults, people raised with conditional love become preoccupied with the opinions of others. Many men develop Type A behavior which is characterized by hostility, suspicion and an obsession with performance to some undetermined high standard. This is expressed in the attitude of "I have to, I have to," and is associated with the feeling that "I have to work harder and accomplish more in order to please the boss" who has become a surrogate parent.
The Most Common Trap
More than 99 percent of adults experience both these fears of failure and rejection. They are caught in the trap of feeling, "I can't, but "I have to," "I have to," but "I can't."
The Key to Peak Performance
The antidote to these fears is the development of courage, character and self-esteem. The opposite of fear is actually love, self-love and self-respect. Acting with courage in a fearful situation is simply a technique that boosts our regard for ourselves to such a degree that our fears subside and lose their ability to effect our behavior and our decisions
Action Exercises
Here are two things you can do to increase your self-esteem and self-confidence and overcome your fears.First, realize and accept that you can do anything you put your mind to. Repeat the words, "I can do it! I can do it!" whenever you feel afraid for any reason.Second, continually think of yourself as a valuable and important person and remember that temporary failure is the way you learn how to succeed.
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