Advertisements

When the country No.1 does not see eye to eye with the central bank.

Imagine the nation’s no. 1 criticising the Central Bank’s policies for being opposite of the economy. Actually, the government and the central bank should NOT have the same opinion all the time or the central bank following the government’s direction for example. So, which no.1 of a country is criticizing its central bank? Nope, not … Read moreWhen the country No.1 does not see eye to eye with the central bank.

Advertisements

Let’s own a private jet TODAY, together. (Up to 75 days in a year maybe?)

I encourage everyone to buy a property of their own. No one knows how much property prices will rise but on a longer term, it will surely be rising simply due to inflation and the cost of construction including land prices. Look at the image showing the Malaysian House Price Index. We could see the … Read moreLet’s own a private jet TODAY, together. (Up to 75 days in a year maybe?)

Another “WAR” looming? After China now comes India…

I still do not think that the trade war between China and the US will cause a world recession. Then again, I am not an economist and even an economist may not get his prediction right. đŸ™‚ Earlier news article here: Recession within 12 months if China-US trade war worsens. However, I am also not … Read moreAnother “WAR” looming? After China now comes India…

Recession within 12 months, if China-US trade war gets worse.

Okay, after reading through many articles, I believe the country which will go into a recession should the current trade war between China and the US got worse is the US. Besides, the trade war may cost investors up to US$7 trillion (RM29.33 trillion). click here to read. I have no idea how the trade … Read moreRecession within 12 months, if China-US trade war gets worse.

Trade war discussion? Let’s stop talking for now.

The two largest economies are increasingly at each others’ throats when it comes to trade between the two countries; United States and China. Latest move by President Trump is to blacklist Huawei and deemed it as a national security threat. Click here to read the news. As for China, it had just cancelled an order … Read moreTrade war discussion? Let’s stop talking for now.

Ringgit to strengthen further in 2019. Good news yeah?

I do not think currency appreciation directly impacts the property investment within the Malaysian property market. It helps businesses with loans in US$ too because then repayment will be easier. A strong currency also provides a positive sentiment and I think that’s very much needed in a slow property market. Perhaps too many media outlets … Read moreRinggit to strengthen further in 2019. Good news yeah?

Worst week ever within past decade. Is this a sign?

When the world’s largest economy sneezes, many countries may catch a cold. Wall Street ended last week on a very bad note. It was the worst performance since late 2008. (That was when the sub-prime crisis happened, remember? When the banks lendings and speculative activities got too ‘crazy.’ All these are contributing to the worst … Read moreWorst week ever within past decade. Is this a sign?

Biggest stock decline in 87 years is definitely a shock

A good friend told me that he just bought 10,000 units of a dividend stock 2 weeks ago. I think this is the right way to go. If we are still looking at the stock market for quick wins, it may also be a quick loss too. Then, this news appeared today:  US faces biggest … Read moreBiggest stock decline in 87 years is definitely a shock

Extra RM2.4 billion for affordable home, good news? (Only if…)

I agree with Finance Minister Lim Guan Eng fully on this one.Article in TheStar here. American investment bank Goldman Sachs should return the US$588mil (RM2.4bil) in it was paid for 1MDB-related matters. This RM2.4 billion fee was for the raising of bonds totalling US$6.5 billion (RM23.29 billion) 1MDB back in 2012 and 2013. He said, “They must pay … Read moreExtra RM2.4 billion for affordable home, good news? (Only if…)

IMF’s warnings: ‘risk of a sharp tightening of financial conditions’

When stocks are overvalued, stop buying them as if we are in a ‘never ending’ best-seller movie. When properties are overpriced, stop buying as if they are an asset. An asset is also defined as “an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, … Read moreIMF’s warnings: ‘risk of a sharp tightening of financial conditions’

%d bloggers like this: