I cowrote this book with Amy Sipagal, who is also the cowriter of Teaching Your Kids about Money.
It is a list of frequently asked questions about personal finance.
Now, I would like you to post a personal finance related question here in the comment section (either with Facebook or WordPress comment, or both if you enjoy doing it). By simple posting a personal finance question, you stand a chance to get a complimentary copy of this brand new book : Top 93 Personal Finance FAQ in Malaysia.
One winner will be announced each week until end of February. Try your luck just by simply posting a question below.
Announcement: The winner….
1st winner of the book: Daniel Foo
2nd winner of the book: Sarah.
I have been contemplating on getting a property near my parent’s house in Subang area. However, I find it difficult to get new landed property for less than RM5k, and I think I may have to settle for an apartment for that budget which I felt may not be worth it.
The plan is to rent it out for investment since there is no need to move out from my parents house yet, and perhaps one day move in to my own place. At the rate property price is spiralling up it looks like it’s almost impossible to purchase one at any time!
I’m the eldest in the family, and my sibling is not willing to share to purchase property together. Furthermore, the current house is in need of repair and renovation, and I may have to contribute to the fund as part of my responsiblity. What do you think I can do at the moment – to invest in something else in the meantime or get property now before the prices goes up even higher?
Also, is it a good idea to get an annuity plan from the insurance company so that I can get reduction in income tax?
If you are the winner, please contact me using the contact form to provide your mailing address and phone number. Congratulations!