US stocks gain on Greece pledge
US stocks rose to the highest level in a week after European leaders pledged to aid Greece. The Standard & Poor’s 500 Index rose 1% to 1,078.47 at 4:04 p.m. in New York after falling as much as 0.7%. The Dow Jones Industrial Average advanced 105.81 points, or 1.1%, to 10,144.19. Six stocks gained for each that fell on the New York Stock Exchange European leaders ordered Greece to get the region’s highest budget deficit under control and said they were prepared to take “determined” action to staunch the worst crisis in the euro’s 11-year history. (Bloomberg)

<>JCY scales back IPO, financial institution price RM1.60
JCY International has scaled back the number of offer shares for institutional investors under its IPO to 383m
from an initial maximum of 470.32m shares. The final institutional price was set at RM1.60 following the bookbuilding exercise that was completed late Wednesday, according to a statement released by CIMB Investment Bank, the principal adviser to the exercise. According to an earlier Bloomberg report, the price is at the low end of the RM1.60 and RM2.20 range indicated last month by the arrangers, CIMB Investment Bank and UBS AG. The released numbers bring the value of JCY’s IPO to about RM703.83m. (Financial Daily)

<>Singapore casino to open on CNY day
Genting Singapore will open the island-sate’s first casino as the Chinese New Year celebration commences. Genting’s Resorts World Sentosa will open its casino to the public on this Sunday according to an emailed statement yesterday. Universal Studio Singapore will open to public on early March, said the resort operator, a unit of Genting Bhd. Resorts World located on the island of Sentosa just south of Singapore, will open in time to capture the holiday crowd over the Chinese New Year holidays. (Financial Daily)

<>SunCity to proceed with long-awaited REIT
Sunway City (SunCity) yesterday said it will now proceed with the setting up of its earlier proposed REIT. The listing of the REIT has been mooted since 2008, but poor market condition delayed the listing. Few details are available regarding the listing, but will reportedly be the largest in the country with more than RM3bn worth of assets under management. According to the announcement, the properties to be included in the REIT will comprise real estate properties currently owned, partly or wholly, by subsidiaries of SunCity. (Financial Daily)

<>Berjaya-BYD small car plan meets dead end
Berjaya Corp appears to have reached a dead end with its plan to manufacture small cars in Malaysia. The Government does not plan to relax rules under the National Automotive Policy, which only allows new manufacturing licences for cars of 1.8 litres and above. BCorp wants to partner China's BYD Auto to develop 1- litre right-hand drive cars for the Asean market. "The National Automotive Policy is very clear. There is no exception (to the requirement of above 1.8-litre capacity)."Malaysia is already making big concessions to allow foreign brands to be assembled here," International Trade and Industry Deputy Minister Datuk Mukhriz Mahathir said. (BT) Please see accompanying report

<>Leader eyes second Cambodia power plant
Leader Universal Holdings may build a second power plant in Cambodia after it completes the country's first coal-fired plant in 2012. The Penang-based company, which yesterday broke ground for the construction of its 100-megawatt (MW) coal-fired power project in Sihanouk Ville in southern Cambodia, is eyeing a 700MW facility, managing director and chief executive officer Datuk Sean H'ng Chun Hsiang said yesterday. "Our plan hinges on demand for power and we are currently in talks for this with our JV partner," he said after the signing ceremony for a USD140m (RM479m) syndicated loan for the first coal-fired plant. (BT)

what is going to invest

investment strategy is a set of rules, behaviors or procedures, designed to guide an investor's selection of an investment portfolio.
Usually the strategy will be designed around the investor's risk-return tradeoff: some investors will prefer to maximize expected returns by investing in risky assets, others will prefer to minimize risk, but most will select a strategy somewhere in between.
Passive strategies are often used to minimize transaction costs, and active strategies such as market timing are an attempt to maximize returns.
One of the better known investment strategies is buy and hold. Buy and hold is a long term investment strategy, based on the concept that in the long run equity markets give a good rate of return despite periods of volatility or decline.
A purely passive variant of this strategy is indexing where an investor buys a small proportion of all the shares in a market index such as the S&P 500, or more likely, in a mutual fund called an index fund or an exchange-traded fund (ETF).
This viewpoint also holds that market timing, that one can enter the market on the lows and sell on the highs, does not work or does not work for small investors, so it is better to simply buy and hold. In my options I like to do hedge because it is for patience person which truly knows true value of the stock.
The smaller, retail investor more typically uses the buy and hold investment strategy in real estate investment where the holding period is typically the lifespan of their mortgage.