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Tuesday, March 30, 2010

How To Double salary in 10 years, country wise.

Malaysia is aiming to increase its average salary from $2,000 to $4,000 in the next 10 years. How can that be done ?First of all, using rule of 72 you can estimate that doubling in 10 years would mean a continuous compound raise of 7% annually. Or a total of 72% increment...
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Sunday, March 21, 2010

2010 Inflation vs life style change

In 2009, Dung, Mat and Ahmad's personal inflation rates are 4%, 24% and 2.5% respectively representing the Rich, the Average and the Poor. Unfortunately this year we can't do a 1 to 1 comparison because Dung's business has expanded into main land China and his life style has...
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Wednesday, March 10, 2010

Malaysia Best Rates 2010 March 11 update

1 month Fix DepositMost banks offer 2.25% now except a few ones. Most of the ones who are still stuck at 2.0% are international banks like Bank of China, JP Morgan, Bank of Nova Scotia and Alliance banks.1 year Fix DepositHighest offered rates is 2.75% by Affin Bank, AmBank,...
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Tuesday, March 9, 2010

Do NOT Leverage EVERYTHING

There are certain fundamental stuffs that you should do even before you fully understand what they are. That will at least keep you afloat at a certain stage, also often used as resting stage or jumping stone to higher level. Usually this stage is also adequate for young adult...
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Monday, March 1, 2010

go on without a goal, but for how long ?

One of the weird concepts presented by this site is that you don't have to have a goal in your personal finance. It would be like an anti good finance practice, as guilty as Rich Dad asking us NOT to save in his Conspiracy publication.Lets get straight to the point then. If...
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