House Loan review

OCBC flexi loan

For this loan is fully flexi for repayment.

how to reduce interest is only pay more than installment as commonly known. but instead is not necessary. you need to know in details on the loan especially housing loan. as this is the most huge debt in your life and could kill you if mistaken.

some past experience. 

basically there is 2 different repayment

1) Advance payment

- Naturally once you put in the money you cannot take out. 

- it say can reduce interest as well. but i don't feel interest reduce,(could be cut interest on interest)

- it useful if you go oversea and use advance payment to clear your house loan.(this can be done via standing instruction as well)

 

-- after experiment, don't do this. as i don't c the purpose of do this at all.

2) Capital repayment(principle)

very important as it really reduce the principle. interest reduce the next day.can see the results immediately.

- Naturally you pay $ in this still you need to pay installment. it wont auto go to installment.

- put in repayment of principal. may take back the money if needed follow the house loan. some expert recommend to keep this facility in case you need $ can immediately take out and no need do refinancing while paying less interest. (seem to be a good idea, but vary on individual)

- Highly recommend to do this if got extra $ as it really cut principle and reduce interest immediately.

Summary

Previously was stupid to pay all in advance. then some month advance some month capital repay.

NOW should pay installment. extra direct all go to Capital repayment.

Old TOWN QR 2 2016

For six months ended 30 September 2016 (financial year ending 31 March 2017)

Old Town

Overall Results,
EPS lower to 2.8
Dividend 3 cents, unlike usual dividend payout.

Performance review.

On its 2 Main core biz.
A) Cafe chain apparently weaker due to higher staff cost(Min wages?) and depreciation.( to be check)
B) Coffee Beverage doing well due to local and export sales. this should be due to "OLDTOWN White coffee brand name.

Biz wise was drag down by Cafe chain.


On revenue can see that employee benefit is increase but the depreciation value did not show any big difference. so the much drop in coffee chain should be much due to business nature demand lower instead.

Summary
Overall group performance was drag down by cafe chain instead.
looking for for Power root report. expect will be doing better than old town since it is much more focus on only coffee beverage.
Today , 25 nov 16, price drop 13 cent or 6.4% due to the slightly poor QR. Price at 1.89 as of review.
recently once QR poor results price will drop significant.

2017 Planning and Execution

2017 Planning and Execution 

" if you done nth today, nth will happen tmr"

Top 3 Target
1. Healthy First. world come later.
2. wealthy. Try out new method to generate income.
3. Personal life.


Long term Target
1. Purchase property in year 2017 to generate income.
2. Dividend income(Fund allocate 200k) reach
2.1 RM 10k. per year / RM 833 per month / 0.05% - First Target
2.2 RM 12k per year / 0.06% - Second Target
2.3 RM 14k per year / 0.07% - Third Target
3. Equities gain to cover year 2014,2015,2016 losses.
4. Healthy via sport. weekly need 2 - 3 times.
5. Monthly  at least 1 book. per year 15 Book.
6. Portfolio healthy. to diversify not only MYR but different currency to maintain a stable portfolio.
7. Weight to reduce. increase muscle Vs Fat. (refer to health report.)
8. Move into US Stock.
9. Re-balance on portfolio and currency.

Short term Target
1. Change to higher income work / more flexible time work.
2. Travel to Europe? Czech or Europe unique small town.
3. Training/ sport to improve health
4. Eat more vege and fruits instead. less meat.


Monthly Review
1. Review on Equities portfolio monthly.
2. Review on book after read. improve summary skill and application.
3. Weekly 1 -3 meal vegetarian.
4. AGM review
5. Sport/Outdoor review


Things to be done.
1. Seek hk trading platform to reduce dividend cost
2. Better in manage property. property management
3. Open another trading platform to align investment control and fund management.(M+)
4. Total review on current financial status, inclusive all asset and debt, cash flow.
5. Update on Portfolio temple to ease time and management.
6. Learn skiing
7. Book review.
8. Take Nutrition food or supplement to maintain health.
9. Explore for on9 trading opportunity.
10, Attend AGM
11. Manage rental and Tax

Lesson learn/ Important note


Expectation for 2017.


Event forecast
1. In year 2017, expect there will be GE for Malaysia.
2. USD foresee will be appreciate against MYR. Fed Meeting date.(8 times)

Jan. 31- Feb. 1. - Remain interest

Mar 15-16 - Up 0.25% interest

Apr 26-27 - Remain interest

Jun 14-15,- up 0.25% interest

Jul  26-27 - Remain interest

Sep. 20-21 - Remain interest

Nov. 1-2- Remain interest

Dec. 13-14.

3. Interest rate hike from BNM in 2017. (due strong USD) up interest to protect MYR instead of house debt?
4. Malaysia Interest rate meeting

1st          19 Jan 2017 (Thursday)  - Remain interest

2nd        02 Mar 2017 (Thursday) - Remain interest

3rd         12 May 2017 (Friday)  - Remain interest    

4th         13 Jul 2017 (Thursday)   - Remain interest    

5th         07 Sep 2017 (Thursday) - Remain interest

6th         09 Nov 2017 (Thursday) - Remain interest

Response on the Event forecast.
Interest hike - Fed meeting, BNM Meeting
Export Statistic - Msia export statistic to see which sector/industry doing well.
Msia/Others Bond - to see foreign $ inflow or outflow. Bond interest lower means more demand.
Jack Ma in Malaysia - 23 Mar 17 - Impact on stock, majority on logistic company, epayment company stock price up, or related to jack ma stock up. known POS, TASCO, FREIGHT , GDEX , EFFICIENT, MPAY ,




Details on Target
1. Purchase property in year 2017 to generate income.

Action point
if auction would be wise choice? shop lot perhaps? more stable?

2. Dividend income(Fund allocate 200k) reach
2.1 RM 10k. per year / RM 833 per month / 0.05% - First Target
2.2 RM 12k per year / 0.06% - Second Target
2.3 RM 14k per year / 0.07% - Third Target
Actual - 2017 Q1 - 1,217.82 - Failed ; Target 2,499

3. Equities gain to cover year 2014,2015,2016 losses.
Actual - shall trade more instead of pure hold to increase capital gain.

4. Healthy via sport. weekly need 2 - 3 times.
Actual

5. Monthly  at least 1 book. per year 15 Book.
Actual completed --> 9/15
May - 1 Book -7 way to become rich man mind set.
June - 1 Book - 如何看懂一只股票的題材與故事
Aug - 1 Book -大馬股市第一堂課-上冊
Sep - 1 Book - 大馬股市第一堂課下冊
Sep - 1 Book - 催化劑投資法2——兩極時代的價值倍升股
Oct - 1 Book - 四桶金富足退休指南
Oct - 1 book - 50優質潛力股 by 龔成

Oct - 1 book - 有升有息 by 黎家良
Nov - 1 Book - 大富翁致富藍圖 by 龔成

6. Portfolio healthy. to diversify not only MYR but different currency to maintain a stable portfolio.
Actual

7. Weight to reduce. increase muscle Vs Fat. (refer to health report.)
Actual

8. Move into US Stock.
Actual
have done and start trading in US market.

9. Re-balance on portfolio and currency.
Actual


Summary/Review of the year 2017.
Jan - stock have shown momentum of climbing up in this month, most of the financial sector and technology sector have up alot. KLCI also up alot. world wide consider bull market trend.

Feb - stock have continue previous momentum from jan 17, but on last week feb have shown weakness and index start to drop, most of stock have been drop, some have drop drastically such as JAKs, RGB , Tek seng, these have been up for quite some time but have drop drastic in just few day time. lesson learn on good QR not necessary good price up but if QR poor price drop immediately,

Mar
Forecast - for bull market to form, financial stock need to be start moving up, with recent QR from financial sector most earning have recover since last 2 years losses or reduction. overall maintain optimistic on financial sector. as Technology sector looking well as the export still key growth for Msia GDP. may refer to month export data from statistic.

Apr
this month most of the stock have increase relatively technology stock as well. most QR show good results, KLCI also went up 28 point instead.

May

Jun
During late jun KLCI have drop alot while others market still went up.

July

Aug
Tech stock start to moving stagnant steel stock start to trend up. oil price is increasing trend. gold price also increase due to North korea bomb test and impact equities market.

US president election Nov 2016

This year Nov 16, big event happen as US election, Democratic and Republic seem the vote is very near. personally i bet on demo. but anyway Republic win.

Major Event to record down.
9/11/16 - Malaysia time election roll coming out, stock have drop significant as Rep. is leading compare to Demo. world wide drop. i have decide to buy few stock during this drop. view this is sentimental but not systematic issue.

10/11/16 - Malaysia time. after Rep. win. world wide stock rebound on today. could be due to yesterday drop too much. or ppl already calm and acccept the results.

11/11/16 - Malaysia. USD shoot up high. break thru resistance at 4.2 direct go towards 4.4. this sudden up is faster than prediction. i did not prepare well to gain from this event. several mistake or lesson learn as below.
a) Account opening on Amertrade too slow. delay the fund input of USD to buy US stock. overall action too slow.
b) Did not buy on Earn from foreign gain stock enough. lack of review on forex moment, rather too focus on individual stock performance.
c) Did not have forex acc. ponly 3kUSD from year 2015 is prepare.