Author Archive
Fixed Deposit (FD) rates of banks in Malaysia (August 2010)
In March 2010, I compiled a list of Fixed Deposit rates in Malaysia HERE. The overnight interest rate has since changed and here’s the updated table. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank 2.80 2.85 3.00 3.05 3.30 Alliance Bank 2.75 2.75 2.90 3.00 3.10 AmBank 2.75 2.75 2.90 [...]
Fixed Deposit (FD) rates of banks in Malaysia (March 2010)
In November 2009, I compiled a list of Fixed Deposit rates in Malaysia HERE. Recently, the Central Bank (Bank Negara) has increased the overnight interest rates, and this has caused our country’s FD rates to go up – but not by much. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank [...]
First thing to do in your investment journey
Most people want to see their money grow, but most of them do not know how to start. So they look into equity funds, bonds, fixed deposits, properties (most people do this now) and stocks (and most people are fearful of this). But while they are busy doing this or listening to others, there are [...]
Link: How to pay less personal tax
Here’s a very useful article by The Star newspaper on how to pay less personal tax. Pay attention to the amount you can reduce for medical checkup, parents’ medical, sports equipment, books, computers, travel allowance, etc. Those are some of the things that we normally use but forget to declare when submitting our tax form. [...]
The myth of stock investing – it’s not gambling
I know a lot of people who are afraid to put their money into stocks. They’ve seen the ugly side of stock investing. Good for them I must say because to be fearful (and careful) is better than plunging into something you don’t know – especially when it comes to stock investing. Why? Because stock [...]