An Exciting Market Day

Today, the MGS 4/11 rallied to close at 100.14 or 3.73%. I had quite a huge position in that stock at an average yield of 3.74%. After the OPR hike, the stock was traded at 3.80%, causing me to incur a substantial unrealized loss. My boss asked me to cut down on my position. Reluctantly I have to concur and started offloading at 3.76% - 3.74% resulting in a loss of RM24k+. Luckily today the prices rebounded to my favour. The recent gain is spurred by the foreign interest who are betting on MYR appreciation. Hopefully the rally will continue tomorrow. Come on u darn foreigners...keep on buying the 4/11 so I can offload my position at a profit..he he.

On a separate note, my money maker HYIP keeps me happy by their timely payment. I also opt to diversify in choosing Vasco Investment. Its another principal guaranteed program where investors will get back their investment after 180 days. On top of that you will be earning 1.9% daily on your capital invested. The daily profit can be compounded and added to your principal. For example, if you invest $100.00, your first interest payment will be calculated basing on these $100.00. If you get 1.9% daily, you will receive $1.90 interest that will be added to your Account Principal. Thus your Account Principal will grow to $101.90. On the following day, the daily interest of 1.9% will be calculated on $101.90 (not $100.00) and you will get $1.94 (instead of the previous $1.90). This way using 100% compounding your Account Principal and daily interest will be growing daily.

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Signing off at 10.45 p.m.