The value of money relatively differ depends on where, when and how you measure it. It boils down to the following question to relatively determine the value of money. Where is your money? Photo by noahwesley Where you put your money determines how much value it has, in the future. Put it in bank, your money is relatively lower compared to putting it in investment. If you have your money set aside long term in a great company, or in a real property located at prime areas, the value of your money is ...

WLM asked about foreign currency investment in the forum: Is now a good time to invest in FCFD for short to medium term investments? Lets say for a tenure of around 6 mths to 1 yr in currencies like AUD or NZD? Just need an opinion from someone who knows better about finance compared to myself here. Thanks Alvin Soong and Edmund Tan for getting the conversation going. If you have anything to say about foreign currency investment, please head over to the forum.

I have been receiving many emails asking information and opinion on various personal finance matter. In order to provide you the best information and convenience, a forum section had been created for further discussion. The forum url is http://forum.kclau.com. You can also find the link at the tab above in the header. The main purposes of having a forum here are: to let more experts help you - Frankly speaking, I am not an expert in every field. There are a lot of qualified accountants out there to answer your tax-related questions. ...

Welcome to the March 29, 2008 edition of personal finance money tips. Mattg presents Do You Get Twitter? posted at Matt Garrett, saying, "Twitter is really a fast growing community site and providing a good environemnt to interacting with people of same thinking or business line. So, go and get a twitter, now." Lin Burress presents Taking Care of Aging Parents as a Family posted at Telling It Like It Is. Wealth Accumulation Jeff@MySuperChargedLife presents 50+ Resources to Legitimately Raise Your Income posted at My Super-Charged Life, saying, "We all ...

Does financial security simply mean not having to worry about money? That's too simple to define such a broad meaning of "financial security". You might not have to worry about money during a great time where jobs are everywhere, and your country's economy is doing very well, and earning money is so easy. But will you start worrying when it is recession time? Would you worry about money if your family members were hit by a deadly disease? Would you worry about money if suddenly you are unable to climb ...

In the survey carried out by research house Synovate, 313 working people aged 25 and above and 319 retirees aged below 75 in urban areas Malaysia were interviewed over the telephone. The survey, part of a global study conducted in 26 countries and involving 18,000 respondents, was undertaken for the first time in Malaysia, from July 23 to Aug 27 last year. source: The Star Watch my presentation below: [HTML1]

Welcome to the March 22, 2008 edition of personal finance money tips. Jeremy Zongker presents Why Minimum Monthly Payments Will Cost You Big posted at Creditor Web. Jose DeJesus MD presents Financial Planners - Choosing the Right One for Your Needs posted at Physician Entrepreneur. Wealth Accumulation Taylor Coburn presents How Are You Dividing Your Attention? posted at Internet Business at ProcessToProfits, saying, "While there are lots of ways to accumulate wealth, you stand a greater chance to accumulate wealth if you're focused. The more you divide your attention, the ...

Finance Ministry has approved EPF (Employee Provident Fund) to invest another US$2 billion in equities overseas. The total fund approved so far for investment in foreign equities amounts to US$6 billion (RM18.7 billion). EPF is managing RM319.3 billion as at the end of January 2008. This means 5.8% of EPF are allocated for foreign equities investment. For full story, refer here. At the point of writing this, members who withdraw EPF account 1 for unit trust investment are only offered 100% local unit trust funds which solely invest locally.

It is undeniable that the living expenses in Malaysia are getting higher at a much faster rate, although inflation reports that the rate is low. Feeling the pressure of petrol subsidy cut, and rising cost of almost everything, from toll charges to hawker food - life is definitely getting harder. Humans are extremely flexible. We can cope with the situation with some compromise and sacrifice. When money is no longer enough, we can always find ways to cut some expenses. Being frugal simply means living below your means. However, less ...

How much is your current income being deferred for future consumption? 10%? 20%? or more? [HTML1]