Should I quit my job?
I am a faithful Malaysian doctor serving in the goverment hospital for the past 6 years. Here comes the time I have to decide, should I continue to serve the country or quit my job to find greener pastures outside the public sector.
When I started this blog one year ago, many readers of this blog emailed me asking whether I am a millionaire. I told them that I am still very far away as a millionaire. That's the reason I started this blog to share experince with my readers. I am always thinking " Can I move forward if I continue to do whatever I am doing now?"
My mum told me, since there will a "BIG" pay rise in the govenment sector, why should I leave?However, after reading today Star about retirement, I am anxious and worried! Do I have a future if I keep on getting the salary I am getting right now?
Maybe I should have opted for pension scheme when I joined the goverment! There are many decisions to make at this point my life. I passed my postgraduate examination 2 years ago (MRCP) but I am still waiting for my pay rise and subspecialist training, can I still survive with my RM3000+ salary when I even cannot afford to buy a house in Penang!!
" Why don't you go for locum?" that the answer my boss gave me when I uttered my frustration to her 1 month ago. I work hard everyday, why can't the goverment rewards what I deserve! That why maybe I should quit my job and start a bussiness soon?!!
Blog about how a Malaysian doctor invests his money! All ideas about investment are welcome.
Saturday, May 26, 2007
Wednesday, May 16, 2007
Basic Terminology (1)
Basic Terminology about Shares
Before we go to deep discussion about share market and stock ( since stock market is the hottest topic now almost everywhere in the World and even kids under 10 years old in China buy shares!!), I think it is important for us to learn some basic terminology in stock market!
Earnings per Share: The amount of profit to which each share is entitled.
Going Public: Slang for when a company is planning an IPO.
IPO: Short for Initial Public Offering. An IPO is when a company sells stock in itself for the first time.
Market Cap: The amount of money you would have to pay if you bought ever share of stock in a company. (To calculate market cap, multiply the number of shares by the price per share.) Short for Market Capitalization.
Share: A share represents an investor's ownership in a "share" of the profits, losses, and assets of a company. It is created when a business carves itself into pieces and sells them to investors in exchange for cash.
Ticker Symbol: A short group of letters that represents a particular stock (e.g., "Coca Cola" is referred to as "KO".)
Underwriter: The financial institution or investment bank that is doing all of the paperwork and orchestrating a company's IPO.
Before we go to deep discussion about share market and stock ( since stock market is the hottest topic now almost everywhere in the World and even kids under 10 years old in China buy shares!!), I think it is important for us to learn some basic terminology in stock market!
Earnings per Share: The amount of profit to which each share is entitled.
Going Public: Slang for when a company is planning an IPO.
IPO: Short for Initial Public Offering. An IPO is when a company sells stock in itself for the first time.
Market Cap: The amount of money you would have to pay if you bought ever share of stock in a company. (To calculate market cap, multiply the number of shares by the price per share.) Short for Market Capitalization.
Share: A share represents an investor's ownership in a "share" of the profits, losses, and assets of a company. It is created when a business carves itself into pieces and sells them to investors in exchange for cash.
Ticker Symbol: A short group of letters that represents a particular stock (e.g., "Coca Cola" is referred to as "KO".)
Underwriter: The financial institution or investment bank that is doing all of the paperwork and orchestrating a company's IPO.
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