Investing in gold in Malaysia
Gold is the most popular precious metals for investment and investing in gold has become the “talk of the town” since a couple of years ago…at least, in Malaysia. Before that, investing in gold is not really that easy. But now, it’s as easy as investing in stocks and mutual fund. So why do people [...]
Fixed Deposit (FD) rates of banks in Malaysia (Dec 2011)
My blogs, including this one, has been wiped off in a recent technical glitch faced by my hosting company. They did not have any backup so everything has been deleted. Fortunately, the CEO tried his best to dig the details from the older servers and managed to restore the data before Nov 2010. Unfortunately, all [...]
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 [...]
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 [...]