Joined a Programme

Yesterday, I was enthralled watching a video on making money online and after the end of it, decided to invest USD300 into the binary options website. The video, however, makes it look so simple and the money grows very fast. On my experience with the system, however, it was not so. First of all you have to scan your credit cards and blank out the first 12 digits (credit cards have 16 digits) leaving the last 4 digits visible. Then you have to fill in a form and sign with your own signature, scan the copy and email to them. You also have to scan a copy of your latest 3 months utility bills to show your current address and name on it. I had to scan both front and back copies of my credit card with the statements emailed together. After some corrections, then my account was approved today.

Investing in the Stock Market

I am reading up on finance books and also on investing in the Malaysian stock market. Though I have already opened an online trading account with Public bank last year, I still dare not trade yet for lack of knowledge. Now, as I read more books on investing and financial ratios like ROE or Return on Equity which measures profitability or PE ratio for Price Earnings Ratio and Debt Equity Ratio, etc. You also need to know how to calculate intrinsic value or book value of the share in a company so that you don't over pay and buy at a discount, preferably below 2/3 its actual price.