Personal Finance Money Tips

A Malaysian compiling Lots of tips and advices on personal financial planning - Protect, accumulate, preserve, and manage your WEALTH wisely!

Archive for October 2007

Find your Retirement Number

Prudential just launched a new website What's Your Number?. I found it very interactive. It is nicely constructed and I am sure you can get some retirement ideas over there. After you select the language Chinese or English, (I wonder why is there no Malay edition?), you will be taken to a page to choose which lifestyle you desired - budget lifestyle, modest lifestyle, comfortable lifestyle and luxurious lifestyle. The difference is the default set of estimated expenses. Budget lifestyle will shows the lowest set of value. Anyway, you can customize the ...

Is Venture Capital an asset class?

It is about time that Venture Capital (VC) and private equity funds were recognised as an asset class by the pension funds and insurance companies in Malaysia. if you are living in Malaysia and not a tech savvy person, you might not have heard about VC before. What is Venture Capital? This is a type of equity investment usually best suited for rapidly growing companies that require a lot of capital or start-up companies with a strong business plan. A typical venture capital investment usually requires sale of 25% to 55% of ...

Handsome return for Equity Fund investor

For those who invested in equity fund this year are "seeing" handsome return by now. I said you are only "seeing" it because return is only real if it is locked. Switching funds, or rebalance your portfolio will help you to realize some gains. Public Mutual launched several equity funds these year and all those funds are performing very well. Particularly those funds that are exposed to China market are giving outstanding return. Thanks to the China stock boom.

Financial Planner is Your Best Friend

Who is the one friend that is closest to you? A best friend is somebody who knows every last thing about you, yet still manages to like you anyway. Yet, many of us never realize that our financial planner is in fact one of our best friend. Why Financial Planner is possibly your best friend? 1. You told your financial planner the secrets that you kept away from your spouse A wife asked her financial planner to plan a will in secrecy, didn't want her husband to know that she ...

Easy Access to Manage Your Checking, Savings & Credit Card Accounts

I know most of us use Microsoft Excel Spreadsheet to record and track our expenses. Did you ever come to a moment that you think your money is lost somewhere? Your accounts are just not balance. Your money seems evaporated? Sometimes this happens when you seem to records all your expenses of the month. But when you compare your actual saving by deducting expenses from your income, the actual surplus left is less than the number shown in your excel spreadsheet. It is almost impossible to balance it anymore because ...

Financial Planner is not a Money Magician

written by KCLau @ KCLau's Money TipsEngaging a financial planner to look after your financial matters is an essential step towards better money management. But don't expect the consultant to turn all your pennies into gold. IntroductionA magician is a person skilled in the mysterious and hidden art of magic, the ability to attain objectives, acquire knowledge, or perform works of wonder using supernatural or non-rational means. Still recall a popular magic trick, where the illusionist asks a dollar note from you and turn it into 50 dollar bill? When ...

Unit Trust News: Promotional Service Charge on EPF Sales

Public Mutual Berhad extend the Special Promotional Service Charge Rate of 5.45% on EPF investment until 31st October 2007. Currently, only 4 funds are available for EPF investment by Public Mutual: 1) Public Regular Savings Fund (PRSF) 2) Public Index Fund (PIX) 3) Public Islamic Balanced Fund (PIBF) 4) Public Islamic Dividend Fund (PIDF)

Best of Feed for Sunday Reading Session

Sunday is not a blogging day. But it is a suitable blog-reading day. In case you miss my best article for the past 2 weeks, here is the one I think you shouldn't miss: Financial Planner is Like An Architect. I read a lot of blogs. Here are some posts that I find very interesting and deserve your time spent to read it. [Make Money Tips] Creative Entrepreneurs: The Next Masters of the Universe @ Read/Write WebExplain that everything is outsourcable, except your creativity. Money will follow the creative entrepreneurs.[Estate Planning] ...

Personal finance money tips - October 6, 2007

Blog Carnivalpersonal finance money tipsarchives | submit post Welcome to the October 6, 2007 edition of personal finance money tips. Frugal Panda presents Fly or Drive: Which is Cheaper? (A Definitive Answer, Once and For All) posted at Frugal Panda. You will find comparison between flight and gas cost with some examples of trips within US. ISPF presents Is "Slow and Steady" Approach to Wealth Out of Fashion? posted at Grad Money Matters. Yes, ...

New Fund: Public South East Asia Select Fund

Fund Objective: To achieve capital growth over the medium to long term period by investing in a portfolio of investments in South East Asian Markets. Fund Type: Equity / Capital Growth Investor Profile: Aggressive Risk Reward Temperament Medium to Long term investment horizon (more than 3 years) Can ...

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