It is commonly known that the higher the return rate, the faster you will achieve your financial goals. Just look at the chart below. A small difference in the rate of return will result in big difference after several years of compound interest effect.
Today I am going to debunk a few investment myths. You will know ‘why individual investors are failing miserably and how you can avoid being one of them’.
I often receive emails from reader asking opinion about the market. They often ask if it is good to invest in properties, or gold, or a specific fund, or a stock counter. This is a common trait that normal people always think that investment is about putting in your money and see it grow. The fact is that if you think in terms of money alone, you are missing another important part of investment. Besides investing money, you should also invest another important resource which is not renewable. It is known as time. You should invest both time and money to get the best return.
There are many people willing to make the effort and share their knowledge, experience and opinion about money or finance through blogging. Check them out!
With over 550 funds from 39 fund houses, choosing the right fund can be daunting. That's why I always receive emails from readers asking which fund is worth investing. I simply can't answer you because how am I going to recommend any fund without researching all 550 funds? We should leave this job to the expert, who are paid to do the research full time.
D’Leh was waiting quietly behind a big rock. His heart was beating fast and strong. Finally, the preys turn up. He knew that within the next few minutes, he was going to face the moment of death or survival. If he could take the animal down, the flesh would be enough to feed his entire tribe for months. If he failed, they may all die in hunger. In these few minutes of battle, he might fall for any minor mistake when dealing with such a huge beast!
You might have heard this one before: frequent rebalancing to simultaneously lock in profits and dollar cost average into lower priced assets will provide better returns. We examined the myth and here’s what we found.
In this post, I will show you how to make use of their Regular Saving Plan. What is Regular Saving Plan (RSP)? RSP is not something new. If you have invested with other unit trust companies before such as Public Mutual and CIMB, it is known as the monthly regular purchase of unit trust funds, through bank auto deduction, GIRO or standing instruction.
I learned about managing finances when I was a child from my parents especially from my dear mom who has given me life and also taught me how to be prudent with money. I modeled my mom in several ways. We were not rich then, my dad was in business debts and I have to give tuition at age 13 to pay for my school fees and other expenses. However I thank them for giving me a fantastic learning environment ,virtues and values which has helped me in my later years.