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If you do not sell, you do not lose money, yet. (better buy low though…)

The thing about investment is this. We invest and we wait for that investment to appreciate. Assuming we bought a home for own-stay of RM500,000 with a downpayment of RM50,000 and it has appreciated by RM50,000 after 5 years. The return based on a simple calculation would be 100 percent. RM50,000 downpayment and RM50,000 returns. … Read moreIf you do not sell, you do not lose money, yet. (better buy low though…)

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CIMB will lend RM12 Billion to the B40 segment in Malaysia

Yes, the title is real. It’s targeted at some people who believe the banks are no longer lending. Frankly, when the banks stop lending, they stop earning yeah. Not a very good sign actually. However, if the borrower does not quality at all, please don’t lend to them yeah. Banks need to be more flexible … Read moreCIMB will lend RM12 Billion to the B40 segment in Malaysia

How do we define ‘successful’? (financially speaking?)

This is a very strong word. ‘Successful.’ How do we define if someone is successful? A close friend responded to me via Whatsapp after she read this article: Preference means one could but chose not to Actual conversation in Whatsapp. Her part: “I like Volvo personally but very money minded people say Volvo have no … Read moreHow do we define ‘successful’? (financially speaking?)

Easy to refer. How to declare our rental income.

This is for owners who have rental income but is not so sure how to declare it for Year of Assessment 2018. What are the possible deductions? Are all expenses on the units deductible as well? There’s no need to guess… The below is a very easy to understand image and excel sheet from Ms. … Read moreEasy to refer. How to declare our rental income.

Cheaper coffee bean prices. Better prospect for property? :P

Commodity prices fluctuate tremendously. The reason is because demand could go up very fast but supply could not suddenly increase. Coffee trees for example takes 5 years to mature and could only produce 1 POUND of roasted coffee in that year. Read here to understand more about coffee tree. Thus, when prices are up, more … Read moreCheaper coffee bean prices. Better prospect for property? 😛

How fast could I earn my money back?

We often look at investments and its attractiveness based on how fast and how high. How fast is in terms of duration and how high is usually calculated in absolute number of percentage of returns. Property investment should be one of the SLOWEST but may just be one of the HIGHEST based on return on … Read moreHow fast could I earn my money back?

Mortgage slaves in Malaysia?

Who is a mortgage slave? We could briefly say that these are the people who owe the banks lots of money for their property purchase and is currently paying for it by using a lot of their monthly salaries every month. How much is considered a lot? According to an article as early as 2006 … Read moreMortgage slaves in Malaysia?

People say price sure up, so I buy.

We often think of investment as something easy. Just put in some of our hard earned money and watch it grow into a huge pile of money at the end of a certain period. Sometimes the period could be every month, every quarter and usually every year. Yesterday someone representing a bank called me to … Read morePeople say price sure up, so I buy.

PNB’s investment direction by new chairman; diversification is vital.

Tan Sri Dr. Zeti Akhtar Aziz is an extremely accomplished banker (Bank Negara Malaysia governor for 16 years) and a well respected one too. She’s also the first woman to head Bank Negara Malaysia (BNM). When she was ‘younger’, she was part of the team who advised our 4th Prime Minister on the pegging of … Read morePNB’s investment direction by new chairman; diversification is vital.

Anyone happy with a lower salary? Not me. (but I could not change the world)

I had lunch with a close friend who is doing well today (financially). His loan for a RM1,000,000 home was just approved last week. It’s no longer his first 2 properties, so he needed to have 30% deposit for it. (Yes, that’s RM300,000 downpayment) His first role in the working world? He was a despatch … Read moreAnyone happy with a lower salary? Not me. (but I could not change the world)

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