No. I am not talking about your home with mortgage. No. I am not talking about your hire-purchase vehicle either. As most people understand, the mortgage of their home is the liability. You owe the bank money. In return, you need to charge your house title to the bank as collateral. So you think you actually have an asset to pay for your liability. You think your actual home is the "asset", that when you can't afford the installment, it can pay off your mortgage by being auctioned to third parties. You ...

Most people won't be thinking about their death. But once in a blue moon, we somehow worry about the consequences of our premature death. That's why we have a WILL, especially for those with more assets (or liabilities) or young children. By writing a WILL, we have stored aside a golden key for our heirs to unlocked our assets in the future. The best benefit of all is the convenience and preservation we hope that a WILL can do for our family, when it needs to. If you have engaged a professional ...

Recently I've got some clients asking my opinion about the oil palm investment opportunity. A few days later, I received an exclusive offer (is it really exclusive?) from Alliance Bank to participate in the Country Heights Grower Scheme (CHGS). By investing a minimum of RM7000 per plot of 1/4 acres, you will enjoy the upside exposure of oil palm boom. Did I invest in it? No, I didn't. But don't go away yet. Read on to find out more. What is CHGS? According to the brochure: Country Heights Grower Scheme is an innovative concept ...

Malaysian can start claiming fuel subsidy at Post Office on 14th of June, 2008. Wait a minute, it is only for road tax renewed between 1st of April until 31st of May, 2008. Those who renewed their LKM (Lesen Kenderaan Malaysia) in June will have to wait until July. Where to claim?: Any Post Office (Pejabat Pos) Who can claim?: Only the car owner. You must show up! Cheque or cash?: CASH! I hope they will stock enough cash there. What is the document needed?: Original Identity Card (IC) and your thumb. How is the process?: ...

One of the famous rules of investing is -- never lose money. There is one kind of investment vehicle that are attractive to investors looking for downside protection, at the same time who would also like to see gains from upside movements in the markets. Simply put it this way - you want to earn money when the market ist good. But you don't want to lose money if the market goes down. photo credit: MShades In a volatile market like the current situation, a structured fund is being regarded as a ...

It is a reality now. But the announcement came too sudden causing more fuel burnt and time wasted in the evening of June 4, 2008. It takes an extra 30 minutes to bring my baby back from the babysitter's house. The distance is only 5km per trip. Many vehicles are jammed and trapped on the road, especially where it is approaching a petrol station, regardless of whether they're queuing up for the last minute cheaper petrol or not. Hours are spent talking about the fuel hike, which is obviously unproductive and won't contribute ...

I've got one bad news, and two good news for you. Almost a year ago, I started giving away free birthday cards for any blogger who would help to promote my blog. The bad news is that nobody actually participated. :( One year later, I've got the first participant. He is Vincent Lee, a new blogger at There is no boundary when you want to be happy. This is the first good news. At least, someone is paying attention and helping out to promote my blog after a long waited year. Vincent writes ...

In this volatile market, more investors are looking for conservative investment with capital preservation. That's why there are so many structured fund being launched recently, including PNB Structured Investment Fund and Takaful MyAl-Afdhal. The latest structured investment fund from Great Eastern is the Centennial Max Plan. If you are looking for something that has potential to beat the return of Fixed Deposit and gives a capital protection feature, structured funds might be your cup of tea. Below is the information taken from Great Eastern about the newly launched Centennial Max Fund. FREQUENTLY-ASKED ...

I am glad to receive investment-linked funds annual report for last year in CD format from insurance companies. The first copy I received is from AIA. Later, I got a few copies mailed from Great Eastern. Previously, all the report were printed in hard copy format. Annual Report in CD format I personally feel that it is a good move. Not only it is greener because of less paper being wasted, it also saves us a lot of office space. I can keep the report in my PC. Whenever I need to ...