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Day: September 2, 2024

london cityscape
London UK Property

REA considering buying Rightmove?

IF you have no idea who is REA or Rightmove, then you may skip this article already. REA Group is a giant for a company of its kind; real estate site. Rightmove is UK’s public listed real estate company. In other words, based on reports from media, a giant from Australia may consider buying a giant from the UK. How they could strategically benefit from this merger and acquisition would depend on a lot of factors but as usual, there may be cost benefits from sharing one team for continuous development of their services.

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patient with iv line
ABCs of Personal Finance

Do you have emergency savings? Please do!

I still remember when I just started working and there was this one month when I had some unforeseen expenses and I was down to just RM50 for the final week before salary day. I have to pump petrol for my car too. It was indeed stressful. I could ask for help from my parents, of course but it would be something I take as a last resort. So, at that time, I only pumped the minimum amount possible for petrol.

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belgium flag on top of the building
Overseas

My good friend’s moving to Melsungen for work. Where’s that? Can buy property ah?

Melsungen is a small ‘city’ in Germany. Please do not say it’s a town. The people there may not like it. There’s just 13,000 people living there but as per Wikipedia, within this 13,000 people there are 8 billionaires because Melsungen is the headquarter of B. Braun. “The 8 billionaires of the Braun family make Melsungen the city with the most billionaires per capita in the world!.”

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white eggs in brown nest
ABCs of Personal Finance

Gold getting more expensive and property price may dip?

I had a great conversation with someone who loves hold investment and could speak easily on the topic for hours. However, he kept saying that property investment is not good because… he bought a landed property somewhere in Klang Valley and it has not appreciated much for the past 5 years and yet the rental is very bad and could not cover the monthly mortgage payment.

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