Now, that RM1 billion fund from BNM is available to more people. Time to apply?

Many are saying that loan approval is tough. Somehow it’s the banks’ problem for not approving. Somehow it’s the developers’ fault for not selling something affordable. Somehow it’s the fault of handphone manufacturers for selling something ever more expensive every time they launch a new model. Well, maybe can stop blaming and start applying for … Read moreNow, that RM1 billion fund from BNM is available to more people. Time to apply?

Personal finance? Returns on Investment? Personally…

Personally, I define investment as something which I could UNDERSTAND why I could get the returns. If it’s something which I do not understand, then it’s just a purchase with potential returns somehow, it’s just not an investment. For unit trust, I am able to know the stocks which the fund manager is buying into. … Read morePersonal finance? Returns on Investment? Personally…

Talk: Working Professionals? Here are 10 Facts to think about for property investment

Working professionals are a much larger group than entrepreneurs. We have fixed salaries every month and usually towards the end of the month, we do not have that much left. An example of a RM3,000 salaried person? After deductions, it becomes RM2,600. RM700 for food and drinks. RM600 for rental. RM800 for a Segment B … Read moreTalk: Working Professionals? Here are 10 Facts to think about for property investment

Clueless Americans when it comes to personal finance? Most of us Malaysians too, actually.

When it comes to personal finance, I think it’s so personal that most do not read and be more financially aware about the world we live in today. We spend, spend and spend and when the month end comes, we realise we needed to save whatever is left in the wallet until the salary day. … Read moreClueless Americans when it comes to personal finance? Most of us Malaysians too, actually.

What is passive income, really? May not be about retiring too early yeah.

Updated on 27th July 2019. Many people I know tell me that they are still working because they needed the money so that they could retire comfortably in the future. Some will tell me that they would love to invest into something profitable which could give them passive income. In the largest economy of the … Read moreWhat is passive income, really? May not be about retiring too early yeah.

Bad news may happen anywhere, anytime. Impact and Preparation?

I shared this news which was reported in all medias in a sales training session I was conducting yesterday. Deutsche Bank will be having a huge restructuring and up to 20,000 people may lose their jobs. A report here. Let’s understand that with online, (yes, 5G is coming very soon) most transactions could now be … Read moreBad news may happen anywhere, anytime. Impact and Preparation?

ERAA and much lower management fees. Start investing right away.

[sponsored]. Yes, I have invested a little in Stashaway and continuing to invest a little on a monthly basis. I believe in diversification. Beyond Stashaway, I also have my investments in Public Mutual as well as Kenanga Unit Trust. The one reason Stashaway is ahead would be the much lower management fees. As for returns, … Read moreERAA and much lower management fees. Start investing right away.

Without a degree, these two built a business valued at US$2 billion (RM8.27 billion)

In 1984, Michael Dell started Dell and he became a billionaire in the year 2000. That’s 16 years after starting his business on a full time mode after he dropped out of college. Here’s an article about him. Bill Gates founded Microsoft in 1975, got it listed in 1986 which was 11 years later. He … Read moreWithout a degree, these two built a business valued at US$2 billion (RM8.27 billion)

Frugality can be trendy too… (inspired by ringgitohringgit.com)

Here is one interesting and good article in a prominent personal finance site in Malaysia; ringgitohringgit.com. Some say in Singapore, Indonesia and Thailand too. Cheapness vs frugality? Frugal is supposed to be a much better word because it is the right kind of savings versus simply saving without understanding or concern for others. Please do … Read moreFrugality can be trendy too… (inspired by ringgitohringgit.com)

We (users) will get to save RM180 million yearly for using expressways.

How much do we pay for tolls on a monthly basis? RM10 per day x 30 days= RM300. That’s RM3,600 per year or RM36,000 every 10 years. WOW. That’s 10% down payment for a RM360,000 home, all lost to tolls. Well, perhaps we should start calculating how much all those who are currently using toll … Read moreWe (users) will get to save RM180 million yearly for using expressways.

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