The world economy is ever changing, and there are some influential indices that we need to monitor everyday. I have found some great websites that provide the major indices in the world for me to understand the daily world economy better.
You may find some key information below in Yahoo Finance:
- View by Americas, Asia/Pacific, Europe and Africa/Middle East
- Review last trade, change, components, chart and more
- Relevant headlines for attention
If you like a very straight forward, clean and clear listing, Yahoo Finance is the best choice. In addition, it provides us news & opinion and more.
World Market Index
If you like to do more research about world market indices, this site provides historical data by daily, very handy. The historical data is available from year 2007. Also, you may like to find out the interest rates, world GDP (gross domestic product) and market return. I find it very easy to understand to view the key information such as:
- View index change by 1 day, 1 week, 1 month and YTD (year to date)
- View market by Asian, European and American.
- Also available special sector indices, commodity, currency exchange rates and MCSI Index.
Updated the latest KLSECI chart from December 1990 till 31st December 2009.
Some books about investing in stock market to recommend:
The Neatest Little Guide to Stock Market Investing
Stock Investing For Dummies
The Kuala Lumpur Composite Index (KLCI) is now known as the FTSE Bursa Malaysia KLCI and adopts the FTSE global index standard from 6 July 2009 onwards. FTSE publishes comprehensive index rules and calculation methodology to support all indices. They are maintained by FTSE Committees and any changes are widely publicised. By using these index rules, all of us can predict how FTSE will deal with corporate actions and other changes to indices. This ensures FTSE indices are transparent and keeps down the cost of managing funds and products based on them.
Download FTSE Bursa Malaysia Index Rules to find out more.
It’s been quite a while I did not post the updated KLCI Chart. Now, let’s review the chart to have a better understanding the performance and events about FTSE Bursa Malaysia KLCI chart from December 1990 till 31st October 2009. This chart is a must-have for financial planning and understand the dollar cost averaging concept of unit trust investment (or mutual fund investment).
How charts can help you in the stock market? Do you understand chart patterns and technical analysis? How to track market prices? Any idea about good investment practice?
YES! Invest your money on different financial products, stocks, bonds etc. It is important to make your savings grow along time in order to beat inflation and let your money work for you rather than you working for your money.
NO! Do not let your money stand still because currency loses value with time and thus, the same amount that would let your purchase a yacht today will not serve the same purpose in the future. Inflation may not be that high but if you let the money stand still it can lose half of its value in as little as ten years due to inflation.
Recommended Magazine: SmartMoney
Most of the people I have met have not planned for their retirement as they say future is unpredictable and we need to live in present but my dear friend’s future is the outcome of present, our present will decide our future. When we think of retirement we generally think of old age, a period when you have to give up the job and sit at home doing nothing. Contrary to the fact, most of the retiree lives a very active life. We need to seriously consider out planning towards retirement because once we retiree our income stops coming but our expenses remain as it is and in some cases it rises with the rising inflation. In this regard mutual fund has turned out to be the right answer for making retirement planning easier and safer. Mutual fund being managed by professionals is a key to effective retirement planning.