Changing your Public Mutual Fund agent
In December 2008, I’ve said that I wanted to change my Public Mutual Fund agent since my agent basically disappeared. She’s not contactable, and she did not do the things I’ve told her to do – stop the auto-debit, and also to move my equity to bond (that was in May or June 2008). She [...]
Fixed Deposit (FD) rates of banks in Malaysia (Jan 09)
I’ve posted 2 articles on the Fixed Deposit (FD) rates of the banks in Malaysia before – Fixed Deposit rates of different local banks and List of Fixed Deposit rates for foreign banks. I figure that this topic is quite important so I’ve decided to continue posting updates on the FD rates of the banks [...]
Tips for buying foreclosed properties
First of all, what is a foreclosure? According to Wikipedia, it means a legal and professional proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor’s equitable right of redemption. In other words, foreclosed properties are normally sold at a price much lower than the market [...]
What is Real Estate Investment Trust or REIT?
I used to read up a lot on real estate investing or so-called REI. But I gave up in the end because I just don’t have the cash to buy another real estate property. The good locations in Klang Valley are not cheap at all and taking extra loans are not going to help too. [...]
Why you should not invest in high-end real estates for now?
Last month, a friend of me asked me whether it is a good idea to invest in high-end real estates in Kuala Lumpur. I told him “No” and explained to him few reasons why he should not invest for now. Rent it out? There are just too many high-end real estates in the city of [...]