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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