En Bursa and You

En Bursa is a businessman. If you are participating in the stock market, he is your business partner, whether you like it or not. For your information, he has bipolar disorder. 

Each day, with the exception of the weekend, En Bursa will knock on your door and presents you with an offer. On a good day, he is full of optimism and believes that the future is so bright that he will offer to purchase your stake at a premium. But when he is on the depressive mode, he sees nothing other than a dismal future for your partnership. He wants to get out of it as soon as possible. Thus, he is prepared to sell to you his stake at a highly reduced price. 

The metaphor above is developed by Benjamin Graham (and localized by Yours Truly) which reflects how the stock market will radically change according to the emotion of all the participants of the stock market. Those who participate in the stock market would often find themselves caught up in waves of over-optimism. This can quickly lead to greed and, in turn, would drive the price of stocks through the roof. There are also those days where investors would find themselves weighed down by pessimism and rapidly being overtaken by fear. As a result, stock prices plummet, often to lows never seen before. We, investors, are human beings after all, and all of us are not immune to various emotions that can create havoc.

The Green Ringgit Challenge

Hello 2021.

We are now in a new year and to kick off this new year, let us have a look at this challenge that I did personally for 2020.

More than a year ago (2019), I came across this Challenge to save money. I felt that it could be fun, so I told myself that I would do that challenge for 2020.

The challenge is very simple. I will keep every RM 5 (that is why I call it the Green Ringgit Challenge) that pass through my hand (if it belongs to me). It started very slowly because I don't use can much but somehow, at the end of 2020, I managed to keep 50 pieces of RM 5. When I did the maths, it means that I managed to save up RM 250 in 1 year. It may not be a lot to some but still, I'm proud of myself to be able to save up this RM 250.

With 52 weeks in a year, it means that I almost find one RM 5 every week.

The only thing that I can say is that if I'm able to save RM 250 with this method, you can do it too. If you want to bring it up a level, you can do the following challenges:

The Red Ringgit Challenge (RM 10)
The Orange Ringgit Challenge (RM 20)
The RM 50 Ringgit Challenge

As for me, I have decided to continue with the Green Ringgit Challenge for another year. Will try to beat the 50 pieces records.

Would you want to join me in this Challenge?