Alternative Asset
A term referring to any non-traditional asset with potential economic value that would not be found in a standard investment portfolio. Due to the unconventional nature of some of these investment assets, valuation may be a problem.
For most people, examples of alternative assets would include art and antiques, precious metals, fine wines, rare stamps and coins, and other collectibles such as sports cards. However, to the very wealthy, hedge funds, venture capital-related projects and infrastructure could be alternative assets. In either case, alternative assets tend to be less liquid than traditional investments. Thus, investors who favor alternative assets will have to consider a very long investment horizon.
Zero-Sum Game
A situation in which one participant’s gains result only from another participant’s equivalent losses. The net change in total wealth among participants is zero; the wealth is just shifted from one to another.
Options and future contracts are examples of zero-sum games (excluding costs). For every person who gains on a contract, there is a counter-party who loses. Gambling is also an example of a zero-sum game.
Nominal Rate
An unadjusted rate, value or change in value. This type of measure often reflects the current situation, such as the current price of a car, and doesn’t make adjustments to reflect factors such as seasonality or inflation, which provide a more accurate measure in real terms.
In most cases, value is measured in nominal terms rather than real terms, which make adjustments to give a more accurate measure.
For example, if you buy a $900 bond and are paid $1,000 for it a year later, your rate of return is 11.1%. This is the nominal rate of return; it is unadjusted and reflects the return on your bond. However, to get a more accurate picture of the actual return, the rate needs to be adjusted for inflation because the purchasing power of the your money has likely changed over the one-year period. Therefore, if inflation for that year is 5%, the real rate of return is only 6.1% (11.1%-5%).
FREE ADMISSION
FPAM is planning a financial expo this November. The details are as follows :
Event : FinEX 2005
Date : 12 & 13 November, 2005
(Saturday & Sunday)
Time : 10.00am to 8.30pm (Saturday)
10.00am to 7.00pm (Sunday)
Venue : Mid Valley Exhibition Centre (MVEC),
Mid Valley Megamall, Kuala Lumpur.
The exposition theme is Your Money & You with special focus on issues that are of interest to the consumers of financial products and services. Besides the exhibition booths, there will also be a series of interesting financial workshops and talks on the different aspects of financial planning and personal wealth.
FinEX 2005 will help inform and educate consumers about financial planning and to showcase the different products and services that are available to assist the consumers in implementing their financial plans well, so that they are better off, financial wise.
FinEX 2005 will help inform and educate consumers about financial planning and to showcase the different products and services that are available to assist the consumers in implementing their financial plans well, so that they are better off, financial wise.
FinEX 2005 will also showcase the diversity of FPAM’s members and associates and it will be an opportunity for its members and associates to showcase the uniqueness, usefulness and innovativeness of their products and services as well as the strength and credential of their organization to the investing public.
The Expo (both the Exhibition and the talks and workshops) will be open to the Public at no charge as FPAM would like to see as many people benefit from this event as possible.
Bank Negara and the Securities Commission will be participating in this Expo and will provide speakers for some of the talks.
We hope the public (as well as individual members of FPAM and their families) will take this opportunity to attend the Expo which have been organized solely for their benefit.
For further queries on participating in the Expo, please contact:
Kenny Kan at Tel: 03 – 2095 7713 or e-mail kenny@fpam.org.my
Agenda:
12 November 2005 – Saturday
11.45 – 12.15 pm Intelligent Investing by Yusry Yusoff, Securities Commission
2.00 – 2.30 pm Market Outlook 2006 and Beyond by Heddy Huzaimi Hussein, Mayban Securities SB
3.00 – 3.30 pm Building Your Retirement Nest Egg by Jennifer Lim, Public Mutual Bhd
4.00 – 4.30 pm Live Long & Prosper by HSBC Bank Malaysia Bhd
5.00 – 5.30 pm Property as an Investment by P.B.Nehru, City Valuers & Consultants SB
6.00 – 6.30 pm How Tax Planning Impacts Personal Financial Plan by Raymond Liew, Malaysian Institute of Accountants
7.00 – 7.30 pm Everybody Wants Your Money by Ken Lo, Money Concepts Malaysia SB
13 November 2005 – Sunday
12.00 – 12.30 pm Your Money & You by Michael Tan, RHB Unit Trust Management Bhd
2.00 – 2.30 pm Growth Corridors in the Klang Valley by Ho Chin Soon, HCS Research SB
3.00 – 3.30 pm BankingInfo by Bank Negara Malaysia
4.00 – 4.30 pm Stock Analysis & Fund Performance by Cynthia Case and Alexander Chia, Standard & Poor’s
5.00 – 5.30 pm Why You Should Abandon Single Fund Investing in Favour of a Portfolio Approach by Rajen Devadason, MAAKL Mutual Bhd
6.00 – 6.30 pm Don’t Kiss Your Money Goodbye by Ronald Leong, Deakin Wealth Solutions SB
List of Exhibitors:
Bank Malaysia Bhd
(Platinum Sponsor)
Maybank Bhd
(Gold Sponsor)
Public Mutual Bhd
(Gold Sponsor)
RHB Unit Trust Management Bhd
(Gold Sponsor)
Amanah Raya Bhd
Amanah Saham Nasional Bhd
Asia Unit Trusts Bhd
Bank Negara Malaysia
Capital Dynamics Sdn Bhd
CIMB Securities Sdn Bhd
City Valuers & Consultants Sdn Bhd
CTLA Financial Planners Sdn Bhd
Deakin Wealth Solutions Sdn Bhd
HLG Unit Trust Bhd
Hwang DBS Investment Management Bhd
Institut Bank-Bank Malaysia
JF Apex Securities Bhd
KDU Management Development Centre Sdn Bhd
MAA Assurance
MAA KL Mutual Bhd
Malaysian Institute of Accountants
Money Concepts Malaysia Sdn Bhd
Nexnews Group
OCBC Bank (M) Bhd
OSK Holdings Bhd
Phillip Wealth Planners Sdn Bhd
PNB Investment Institute
Prudential Assurance Malaysia Bhd
Prudential Unit Trusts
Rockwills Corp Sdn Bhd
Securities Commission
SBB Mutual Bhd
SJenie Sdn Bhd
Standard Chartered Malaysia Bhd
Standard & Poor’s
Standard Financial Planners
Trans Info Media
Total Financial Planning Advisory Sdn Bhd
United Overseas Bank (M) Bhd
Walton International Property Group
AsiaTravelMart Sdn Bhd
Asia File Corporation Bhd
Goh Siew Chai or fondly known as Kochun in the Unofficial ACS Alumni Forum is getting married with the beautiful Sia Ling Ling. The Holy Matrimony will be officiate by the Reverend at Chin Hock Methodist Church (Kg. China, Sitiawan) on Saturday, 10th December 2005 at 11:00pm.
Ummmm….BYO beer (if you like).
6th November 2005. 2.53am.
Birth of this blog
The idea of setting up alkapocino’s blog was brought up by two (four actually) good friends of mine while we were having supper at Bangsar. I truly hope this blog will benefit the readers.