Never buy a property that is fully sold ?

Joseph Tan is one of the most truthful guys who shared his property investment experience. Most property investors would properly brag about how superb property investment is, a smaller group who are willing to admit their failures would curse on it. But believe it or not,...

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Strategy Cost ?

"Cost" is the money you paid in order to get something you want in return."Strategy" can be simplified as the methods you use in achieving a goal.Strategy cost is the money you MAY have to pay if you use certain methods but NOT necessary ... depends on how it turns out. For...

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Malaysia RM50 Credit Card fee waivers

It was mentioned before Malaysia's government initiative to charge RM50 tax on credit card to 'reduce' debt is a plain zany act. When confronted by many institutions and experts, Najib (some of his photos here) even goes public exercising his power to enforce his budget 2010.Just...

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BEST rates in Malaysia - update 2009 12 26

Although Fix Deposit rate stays at 2% for 1 month and 2.5% for 12 months but generally FD interests are 'starting' to rise. This is inline with the speculation that interest rates will be raised by Bank Negara ... and its just a matter of time. This trend will affect both...

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Loan is disadvantaged to Cash but Limited !

In an earlier article, a myth was broken where it says "getting loan will Decrease your liquidating options" so if you have the cash to buy the whole thing, you should go ahead and buy it and NOT getting a loan. Because once you get a loan, you will end up disposing your item...

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Is Timing Really Everything ?

One of the commonly spread concepts in investment is that "Timing is Everything". The mother of all laws in investment is "Buy Low Sell High", hence knowing WHEN to buy and WHEN to sell is key to everything. Although this seems very logical and correct but it may NOT be the...

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Is Loan really Better than CASH ?

You may have heard people are claiming its better to get a car loan than buying it with cash even if you could, especially from those car salesmen. Likewise, property investment gurus say that its better to get a home loan. These are some of the key reasons why they say loan...

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Will Banks take care of your interest ?

I was once young and naive. Banks are so big, earn so much money that they wouldn't bother to cheat my money. Its safe to leave everything to them and they will take good care of my money, especially when I am not a big user ... but ...Notice in this statement that previous...

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Cash Flow vs Asset, which is more Important ... ?

Cash flow is money in your hand where you can USE right now to buy food and petrol. Asset is something that is worth some value but may not be CONSUMED directly like a house and car.Although there may be more complication like cash is part of asset and the correct wordings...

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Malaysian Life Expectancy

I found this in one of the un-published drafts ...Life expectancy at birth : male 69 / female 74Healthy life expectancy at birth (2003): male 62 / female 65Probability of dying under five (per 1 000 live births): 12 = 1.2%Probability of dying between 15 and 60 years m/f (per...

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More Info : invest your EPF money in stock market direclty.

It was mentioned before that you can use your EPF money to invest directly in the stock market, especially through Jupiter and Amara. The main selling points are;cheaper than invest to Mutual Fund ( 5.5% ) vs 3% charged by Amarafreedom to invest in any particular stock and...

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You can use Your EPF money to invest in stocks ?

If you have enough money in your EPF, you can withdraw some of them into a stock trading account and invest for yourself. This may interest those who think they are more market savvy than EPF investment. ie. you were NOT happy with EPF past year performances or you think you...

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Is Buying New Car the Only Way ?

One of the previous articles showed a method to calculate how much one should pay for a car. In that example, the number is $1,300. That article then relates the $1,300 to a purchase of NEW car selling at $43,000 or below.However buying new car shouldn't be your only way to...

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Govt. goes public - Don't subsidize the RM50 !

It was hinted before that government may try to stop banks to subsidize credit card users on the RM50 fee to be enforced by the government starting next year.Today its no longer an internal warnings between government and banks. Government has made it public in the news on this. But of course it was made in a polite way,if banks subsidize our RM...

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How much should we buy that car ?

Most personal car purchases are sentimental and relate to quality of life ... however if purchasing a car is mainly a transport and finance matters then it could be iron out this way ...First lets start with some facts of transport life around me;Taxi is as good as my own car...

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Bus Fares = OK but ...

Bus fare usage in Kuala Lumpur is averaged at RM 1.70 per ride base on the following usage rates.50% Zone 1 RM 1.1030% Zone 2 RM 1.9010% Zone 3 RM 2.5010% Zone 4 RM 3.10Typically one may need to take 2 bus routes to reach destination. So one trip is RM 3.40 or Return trips...

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Malaysia Unit Trusts 5 years Return

Below table shows the return of Unit Trusts in Malaysia from 2001 to 2006. I added two columns to the right.Average return per year is simply return divided by number of years, in this case, n / 5 years ie. 25.9 / 5 = 5.18Equivalent Compound Return Rate is using the FV formula...

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EPF Interest Calculation - Pro Rated

EPF's interest calculation is one of the weird ones. Somehow they don't use the straight forward FV formula. Although it may seems like they are stupid and don't know math but the actual reasons are;1) They don't really know how much to pay you until after financial closing at year end2) your employer may submit your contribution to EPF LATE3) legacy...

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Its NOT just a finance game ... unfortunately

A short while ago, I wrote that charging MYR50 to credit card users is an ineffective way to reduce credit card debt. I even predicted that government would soon realize this mistake and relax in execution later on. Quite a few large finance institutions thinks the same too....

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Malaysia Taxi Fares = developed nation

Nowadays taxi drivers in Malaysia love to use Meter to calculate the fares, in contrast to before where they would ask for a fix fee when passengers hop on their cab. This is because they would earn so much more simply by using the new taxi fare system.The fee is MYR 3 for...

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MYR 300 FREE money for self employed

Budget 2010 has been around for a while now, but I wonder why many have not made a big deal about this yet. If you are a Self Employed in Malaysia, you can open an EPF account yourself and save MYR 100 into it every month. In return, Government will add MYR 5 into your saving...

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Zero Sum = Nothing ?

Zero Sum theory says that if one earns an amount of money, there MUST BE another one lost exactly the same amount of money. Bundle with Buddhism (空, 无), one shall NOT care about money ... as all will go back to dust eventually, anyway.Malpf would like to introduce this sign...

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