Investment
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 [...]
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 [...]
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 [...]
The state of our local property market
The average price of a property in our country has risen dramatically over the past few years, including during recession period. This is even more obvious in prime locations such as Kuala Lumpur, Selangor and Penang. A property bought 2 years ago in an OK location can easily worth 20-30% more now. And I won’t [...]
How much is “enough”?
“How much money do you actually want to earn?” is a very common question. And the typical response is “Until I’ve earned enough”.
But how much is “enough”? 50k? 200k? 1 million? or just $1 more than the amount you need? Without defining what does “enough” mean to you, it’s very difficult for you to set [...]