Wednesday, November 24, 2010

Investment Risk Pyramid

After deciding on how much risk is acceptable in your portfolio by acknowledging your time horizon and bankroll, you can use the risk pyramid approach for balancing your assets.


  • An investment pyramid actually represents three levels of investment. At the bottom of the investment pyramid, low risk investment options are placed. 
  • In the middle portion of the pyramid, the investment options have a greater risk associated with them. However, these investment options can give you better financial returns than the extremely low risk ones. 
  • The third and the topmost portion consists of extremely high risk investment options. Though the profit from such investments can be unbelievable, you also stand at a high risk of losing your money due to volatile market conditions and overall nature of the economy. 
Personalizing your Pyramid 
Define the overall parameters of the portfolio. Each investor is different and one investor may not tolerate the same risk as another investor. Those who want more risk in their portfolios can increase the size of the summit by decreasing the other two sections, and those wanting less risk can increase the size of the base.

You must understand your goals, priorities and financial aim in your life and then decide which investment would suit you. The pyramid representing your portfolio should be customized to your risk preference.

Tuesday, November 23, 2010

Article sharing: Determining Risk

You might be familiar with the risk-reward concept, which states that the higher the risk of a particular investment, the higher the possible return. But, many investors do not understand how to determine the level of risk their individual portfolios should bear. This article provides a general framework that any investor can use to assess his or her personal level of risk and how this level relates to different investments.

Risk-Reward Concept
Anytime you invest money into something there is a risk, whether large or small, that you might not get your money back. In turn, you expect a return, which compensates you for bearing this risk. In theory the higher the risk, the more you should receive for holding the investment, and the lower the risk, the less you should receive.


Located on the upper portion of this chart are investments that offer investors a higher potential for above-average returns, but this potential comes with a higher risk of below-average returns. On the lower portion are much safer investments, but these investments have a lower potential for high returns.

Determining Your Risk Preference
With so many different types of investments to choose from, how does an investor determine how much risk he or she can handle? Every individual is different, and it's hard to create a steadfast model applicable to everyone, but here are two important things you should consider when deciding how much risk to take:

  • Time Horizon Before you make any investment, you should always determine the amount of time you have to keep your money invested. If you have $20,000 to invest today but need it in one year for a down payment on a new house, investing the money in higher-risk stocks is not the best strategy. The riskier an investment is, the greater its volatility or price fluctuations, so if your time horizon is relatively short, you may be forced to sell your securities at a significant a loss.

    With a longer time horizon, investors have more time to recoup any possible losses and are therefore theoretically be more tolerant of higher risks. For example, if that $20,000 is meant for a lakeside cottage that you are planning to buy in ten years, you can invest the money into higher-risk stocks because there is be more time available to recover any losses and less likelihood of being forced to sell out of the position too early.

  • Bankroll
    Determining the amount of money you can stand to lose is another important factor of figuring out your risk tolerance. This might not be the most optimistic method of investing; however, it is the most realistic. By investing only money that you can afford to lose or afford to have tied up for some period of time, you won't be pressured to sell off any investments because of panic or liquidity issues.

    The more money you have, the more risk you are able to take and vice versa. Compare, for instance, a person who has a net worth of $50,000 to another person who has a net worth of $5,000,000. If both invest $25,000 of their net worth into securities, the person with the lower net worth will be more affected by a decline than the person with the higher net worth. Furthermore, if the investors face a liquidity issue and require cash immediately, the first investor will have to sell off the investment while the second investor can use his or her other funds.

Sources of article: Investopedia

Thursday, November 18, 2010

教育投资:孩子的未来扛在父母肩上

天下父母心,没有父母不会为孩子未来的教育操心。
孩子一出世 ,就有不少保险员来推销教育保单,到底哪一种教育保单最好呢?
孩子的教育投资,应该考虑些什么因素呢?

教育保单
保险公司推出的教育保单大同小异,最重要衡量自己当前的经济状况,决定保额的多少。预先购买总比事后追悔好,至少以后经济宽裕时还可以加保。

只要持续交保,孩子长大后,有一笔钱作为最基本的教育基金,至于他选择的深造途径,花费多少,得视家长的经济能力和他本身的欲望及学业成绩。优秀生奖学金固然能解决学杂费、生活费,同时对学生是一种推动力;不过优秀生都是万中选一的,所以父母为孩子准备的教育投资,这时就发挥了效应。

无形投资
另一种教育投资,除了金钱之外,就是行为榜样。父母以身作则,从小培养孩子良好品德和学习精神,阅读的习惯以及对知识的渴望,人际关系的建立和良好的沟通技巧,除了在学校接受正规的教育之外,在家中父母的熏陶和教化是非常重要的。

这种无形的投资,其成效比之金钱上的投资是有过之而无不及的。用几十万可以培养出一个医生,可是一个医生的医德和良心,未必是堆积起一两百万就可以塑造出来。

教育的投资,从父母开始,以身作则,精打细算;在国家格局里,栽培经济人才,也要塑造人文社会,重视精神价值。

因为,教育就是一种投资。 

Tuesday, November 16, 2010

Investment Risk Tolerance

An important part of investing is understanding your risk tolerance. Risk tolerance is an investor's ability to handle declines in the value of his/her portfolio. An investor's risk tolerance varies according to age, income requirements, financial goals, etc.

There is possibilities that investors might lose some money during investment.

If you can afford to lose more money, you can take bigger risks and aggressive stocks and funds, and in the currency market. However, if you cannot afford to lose a great deal of money, it is vital that you do not invest as much of it, and that you stick to more conservative stocks and funds. You may not make as impressive returns, but you will at least be less likely to run into a situation where you are financially ruined by your losses.



In order to understand your own risk tolerance, you should:
1. Look at how much money you have, and how much money you can afford to lose.

2. Can you stand to lose the money? Will you be constantly stressed about the performance of your investment?

3. Starting with a more conservative investment as they get used to the idea, and then moving to riskier investments as they earn money and become more comfortable with the investment process.

Monday, November 15, 2010

废除大专法令:叫政府太沉重?

首相署部长纳兹里最近频频扮演政府的测温器,发表一些与政府政策的主流思想相异的言论。这一次他向法新社建议政府应该废除1972年大专法令中,禁止大学生参政的条文,只能说是这一系列高姿态的又一个示范。

姑不论政治角力或政治唱戏,1972年大专法令有关条文已经是臭名昭著。如果研究它的影响,可能得出马来西亚政治生态因此而产生巨大改变的结论。从马来亚立国开始,政府就十分重视教育,以及教育的最终目的。过分重视的结果,却是以国家团结和社会和谐为由,钳制了教育的正常发展。

可以这样说,政府重视的不是通过教育塑造完整的人格,而是通过教育政策打造忠心爱国的好公民,最好当然是服从政府政策的顺民。我们有堂而皇之的“国家教育哲学”,有每年数亿拨款的教育开销,可是仍然栽培不了杰出的大学生、建设不了排名百大的国际一流大学学府、一改再改的小学课程纲要、犹豫不决的考试教改方案、反复逆转的教学媒介语闹剧。

教育是教会学习、培育德行。学习的成效彰显在个人的独立思考能力。德行的培养可从个人的气质和行为看出来。参与政治是公民的权利,政治参与需要的成熟度和丰富知识,难道不正是大学生所具有的吗?剥夺大学生在校的参政权利,就如把未经受训的羊只放入狼群,是两种情况,一样结果:你压制,他们私下进行,非正式的政治教育不完整,以致导致错误的理念和手法;毕业后,大学生投入社会,要不对政治冷感,要不过于热衷,热血澎湃,结果方法错误无辜牺牲。

我们要问自己:我从小是如何被教导的?我要如何教育我的下一代?
记住:重蹈覆辙是可悲的,趁一切来得及时力挽狂澜。


相关报道:
MSN法新社新闻

Friday, November 12, 2010

历史科与性教育:叫小学生太沉重?


 
历史将列入小学的教学科目,而根据最新的消息,副教育部长拿督魏家祥告诉法新社时这么说,从2011年起,性教育也是小学课程之一。


社会与生育健康课程:明年列入小学纲要
这门课称为“社会与生育健康教育social and reproductive-health education”,为了克服社会上日益严重的弃婴问题。

随着现代儿童越来越早熟,媒体的发达使到他们过早地接触到许多与性有关的讯息,因此正确的知识和适当的引导对于建立孩子的性价值观是必须的。

大马青少年未婚先孕和弃婴问题趋向严重,当局不得不正视这项社会课题,尤其在回教社会和传统的华人社会中,婚外性行为违反了道德或宗教价值观,更何况其导致的恶果——流产、弃婴和未足龄强奸等等,更是对身心尚未发展健全的青少年一大伤害。
 
弃婴:青少年性教育不足?
从小学生开始的相关性教育,必须是全面的、包容性的,需能建立孩子完整的性别认知和健全的性价值观,或至少打好基础;不只是在于预防某个社会课题而已。
否则,就沦为为了解决问题而将方法观念设定为课程内容,灌输给下一代;教育不是灌输,而是启蒙。

在性教育被正式宣布列为明年小学课程纲要,以及历史科也将成为小学生的必修课后,看来小学生将来的书包会更沉重,教育工作者有必要在日益增加的教学科目中,与教育的目的找到一个平衡点。

别迷失在由数字和绩效构成的教学目标中。


相关新闻:
Malaysia's first school for pregnant teenagers, an initiative directly aimed at curbing the rising numbers of abandoned babies, opened in September in central Malacca state.

相关评论:

Wednesday, November 10, 2010

SPM历史科及格:我们要怎样的历史教育?

SPM历史科考试须及格

“教育部副部长拿督魏家祥认为,在落实2013年大马教育文凭(SPM)考生历史科必须及格,才可获得SPM文凭的同时,须检讨历史科的内容。
他说,修读历史科的目的主要是让国民瞭解先辈建国的艰辛历程,推动各族关係,使国家更为团结。
他指出,目前的中学生对历史科都不感兴趣,依及格率来看,马来文在过去可达至70%-80%,而历史科却只有40-50%的及格率,因此教育部将会进一步探讨这个问题,确保中学生能适应这项新制度。”————风云时报2010-10-24 18:51:58

学历史是为了鉴古知今,就是知道以前发生什么事,汲取教训,了解现在的时局,不再犯相同的错误。历史教育和公民教育不同,所谓的“让国民瞭解先辈建国的艰辛历程,推动各族关係,使国家更为团结。”也不完全是公民教育,充其量姑且称之为“国民团结教育”。

如果读历史读出这么一些高材生,将来也只有像副部长那样讲这样的话了。

历史教育应该教会学生正确的看待历史,教会学生什么是历史,教会学生以历史的眼光看待事物。

“一切历史都是思想史”“一切历史都是当代史”的著名论断早就告诫世人,有生命力从而有魅力的历史教育,“思想”和“现在”是万万不能缺席的。中国《中学历史教学参考》杂志主编任鹏杰在07年的一篇报告中说克罗齐直言“历史就是思想”,李大钊则把历史思想、历史观与人生观等同,说“历史观者,实为人生的准据”,夸美纽斯亦谓熟悉历史是人生“终身的眼目”,尼采把历史分为纪念的、好古的、批判的三种,认为只有批判的历史对人生有益。无不表明,历史教育以思想见境界。

雕塑:历史书——历史教育可塑造人格
当各方人马为私利而竞逐政治资源和文化话语权时,下一代的历史认知和国家民族史观,就显得举足轻重了。

也难怪,历史科要及格一公布,就摩拳擦掌、气势逼人地要检讨、修订历史科内容了。
历史真相虽不能改,但是教育实践却能够改变思想和塑造品格,历史教育和国家的未来,必须慎重看待。