A Trip for Retirement Planning

Today i've just came back from a short trip to the north of Malaysia. This trip was not planned. Instead, i was informed by a friend of mine that Taiping looked like a good retirement place for me.

Actually, the son of that friend of mine was admitted to Taiping Hospital (a government sponsored hospital) due to high fever. His son's condition was quite serious until the doctor has to take a sample of spine fluid. He was worried about the bill that the hospital going to issued to him.

Soon after he discovered the amount billed to him, he called me up and asked me to guess what is the amount billed to him. I said, RM150 (after due consideration of his son's condition and comparatively if he'd have visited a private hospital in Kuala Lumpur).

Then he was laughing and replied, 'it was just RM36!!'. He said he couldn't believe it.

Immediately, a light bulb appear in my mind that, it might be good if i consider to buy a piece of 'sizeable' land (for me it is about 2-5 acres) to build my Dream House from scratch. Since the medical bill is very low, cost of living is low and as long as i have my satellite TV and broadband service for me to trade.

There goes the background of my trip to Taiping, Perak, Malaysia.

We arrive in Taiping at 9.45pm yesterday. It was quite easy to find our 'motel', Kamalodge, by using my Garmin Nuvi GPS Car Navigation System. The motel located just about 2km from Taiping town and about 500m from Maxwell Hill (Bukit Larut). The motel is quite new, being open early this year by a prominent contractor in Taiping. Our arrival at the motel was greeted by an 'alien' (said my wife) bug, which we never see in KL. It looked like a hybrid between a bug and a bat.

Then, today morning, we planned to visit a place recommended by THE friend of mine (which sent his son to Taiping Hospital) named Kampung Jana (Jana Village). He said that during morning time, at about 9am, we can see a foggy morning with a bit cooler temperature (22-24 degree centigrade) than average Malaysia's temperature. We went there but we couldnt find the fog, cooler temperature and a sizeable piece of land. Then, since we couldn't find it, we planned to visit rich people area (as what i always do if i visit a new area).

We noticed on the way to Kampung Jana, we saw a stretch of abandon government bungalows with a quite big land area (about 1 acre land with an abandon wooden bungalow). We decided to explore the area more. The place name is Jalan Hang Jebat Off Jalan Simpang. Then, we explore an area named Taman Lake View (Lake View Park). We saw a lot of big bungalow units and some new bungalows under construction. Decisively, that area is indeed a rich people area after we asked local people on rich people area.

However, we didn't find any sizeable plot of land which we can make quiries on. However, if some of the abandon government bungalow area can be purchased, it would make quite a good location in Taiping due to its strategic main road frontage.

After that we went to explore a bit of Taiping town. I noticed Taiping is really a retiree's town. Wherever we see, we see old people (age 40+). There comes an idea to me that if we can woo lots of rich people to build their bungalow in Taiping, we can have a town with high purchasing power. Well, that is all about Taiping.

Then, on my wife's suggestion, we went to Kuala Kangsar, the royal town of Perak state. We went to see Bukit Chandan Palace (a very grande and beautiful palace). After that heading to a place for Laksa & Chendol (famous in Kuala Kangsar) as our lunch and head back to Kuala Lumpur.

Inclusion into 3 months HIGH Uptrending, as of 28 dec data

3A
ICAP
POHKONG

Inclusion into 3 months HIGH Uptrending, as of 27 dec

ARREIT
KASSETS
SAB
SSTEEL

31 Dec Stock Watch

Jaks
- ready to enter at 1.36. ideal entry at 1.34. Stop Loss 1.22

Salcon
- ready to enter at 1.21. ideal entry at 1.16. Stop Loss 1.07


Dijacor
- ready to enter at 1.44. ideal entry at 1.43. Stop Loss 1.37


PLB
- ready to enter on weakness at 1.51 or breakout of 1.58


Ytlpowr
- Watch if it closes abv 2.62.


Hunzpty
- Watch if it closes abv 2.70.


NPC
- Watch if it closes abv 2.55.

2008 RESOLUTION

My resolution in 2008 is very simple.

I want to achieve millionaire status in 2008. There is no reason for me not to achieve this target.

My vehicle to achieve the above target will be via stock trading and property trading.

To maintain the status, at the end of 2008, i would have to maintain a few rental properties which provide my monthly expenses.

My savings will be the extra pocket money to go on family holiday for the full year.

Wish me luck for my 2008 resolution.

28 Dec Stock Watch

Salcon - to watch if 28.Dec close is abv 1.16.
Ijmplnt - ready to enter at 3.12 or lower. Stop loss 3.02
Dataprp - ready to enter at 0.54. Better entry at 0.525. Stop Loss 0.48
Cepat - ready to enter at 1.41. Better at 1.37. Stop Loss 1.30.
Masteel - ready to enter at 1.65. Better at 1.63. Stop Loss 1.57.
PLB - ready to enter at 1.57. Better at 1.56. Stop Loss 1.42.
E&O - ready to enter at 2.67. Better at 2.60. Stop Loss 2.43.
Dijacor - ready to enter at 1.46. Better at 1.43. Stop Loss 1.37.

Buying on Rebound of Uptrending Stocks.

Ytlpowr - Watch if it closes abv 2.62.
Picorp - Watch if close abv 2.94
Ftec - Watch close abv 0.37

27 Dec Stock Watch

CRESBLD - ENTRY 1.30 OR LOWER, STOP LOSS 1.17
CRESBLD-WA - ENTRY 0.58 OR LOWER, STOP LOSS 0.54
LKT - ENTRY 3.40 OR LOWER, STOP LOSS 3.22
KMLOONG - ENTRY 3.00 OR LOWER, STOP LOSS 2.79
KMLOONG-WA - ENTRY 1.99 OR LOWER, STOP LOSS 1.79
MELATI - ENTRY 1.56 OR LOWER, STOP LOSS 1.47

STOCKS IN SIGNIFICANT UPTREND

TRC
TDM
REDTONE - STARTING OF A SIGNIFICANT UPTREND
POHUAT - BUBBLE IN THE MAKING
BERTAM
PADINI

26 Dec Monitoring List

Stocks under monitoring for 26 Dec 2007.

1. ATIS
Possible Entry: 0.99 or lower
Imm Support: 0.955

2. CHHB
Possible Entry: 1.10 or lower
Imm Support: 1.03

3. CRESBLD
Possible Entry: 1.23 or lower
Imm Support: 1.16

4. LANDMRK
Possible Entry: 3.00 or lower
Imm Support: 2.90

5. SUNINFR
Possible Entry: 0.37 or lower
Imm Support: 0.35

6. TWRREIT
Possible Entry: 1.40
Imm Support: 1.36

7. YNHPROP
Possible Entry: 2.64 or lower
Imm Support: 2.54

Since the Dollar is sliding, why not send your children to study in the US?

We all know that US Dollar is sliding like it has never found the floor to fall on. On the other hand, due to the sliding dollar (not Ringgit strengthen, mind you), I have this idea of sending a lots of Malaysian to study in the US.

We know there are lots of good universities over there. Before 1997 Asian Financial Crisis, Malaysian Government used to send many Malaysian to the US, UK and Australia. During the time, Ringgit was trading at around RM2.50/USD1. Affordable. In 1998, Ringgit was peg at RM 3.80/USD1, a 52% increase in cost per student if they were studying in the US. It became painful to maintain sending students to study overseas.

Now, in 2007, Ringgit is trading at the highest level post de-peg, at RM3.31/USD1, and we are expecting the Dollar to continue slide. If you send your child to study in the US after this year SPM, that means they’ll be in US until 2013 to complete a degree course. Maybe Malaysian government can consider this as well.

In related to that, Malaysian Government might also expect Malaysian Citizen working in the US to come back to Malaysia, if they don’t migrate to some other EU countries. Rather than letting them to go to EU countries, might as well the government innovate an incentive scheme to attract them back to home.

To Malaysian Government, please consider something better for your people.