http://mirror.e27.co/li-ka-shing-teaches-buy-car-house-5-years/
1.) No matter how much you earn, always remember to divide it into five parts proportionately - living expenses, socializing, education, holiday and investment. Suppose your monthly income is only RMB 2,000, you can live well. I can help you put money into five sets of funds. The first $600, second $400, third $300, fourth $200, fifth $500.
2.) Being able to smile when being slightly misunderstood is good upbringing. When you’re wronged and you smile with calmness, it is generosity. When you’re being taken advantage of and you can smile, you’re being open-minded. When you are helpless and you can do a philosophical smile, you’re in a calm state. When you’re in distress and you can laugh out loud, you’re being generous. When you’re looked down and you can calmly smile, you’re being confident. When you’re being jilted in relationships and you can smile it off, you’re being suave.
Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts
Monday, February 24, 2014
Friday, June 29, 2012
The Financial World Is Waiting For Miracle
As Jeremy Warner concludes, the financial world is waiting for a saviour, at least something, somewhere.
Saturday, May 26, 2012
If EURO Collapsed During Olympic 2012 ?
What will happen if EURO collapsed during London's Olympic June 2012 ?
It is reported that the U.K plans to close the gate.
It is reported that the U.K plans to close the gate.
Saturday, March 26, 2011
Just Bought A Brand New MW829BK
I wanted to a shoe which is 2+1 or 3+1, means it can be suitable for the following:
1.) Walking
2.) Casual
3.) Semi formal
In other words, I am looking for something which is almost all-in-one and lasting.
My experience told me that having good shoes is important, especially if you need to walk a lot, it can save your energy (do not get unnecessary fatigues) and make you walk faster (with the same amount of load).
And to be able to work with semi formal, I need it to be in all black color.
Thus, instead of getting a real leather shoe, I thought why not get something from the sports manufacturer ?
I have shortlisted a few from the Internet, but seems like online browsing does not blend well with real touch.
Eventually, I settled for New Balance MW829BK. The original price is RM 339.00 with 30%, I got it with RM 240++
I went to the shop at The Gardens (3rd Floor).
Trust me, it is a good deal. A good way to save money.
Now with this new shoe, I have no worries if I need to walk day long with pubic transport, or jump into my car for some business events.
1.) Walking
2.) Casual
3.) Semi formal
In other words, I am looking for something which is almost all-in-one and lasting.
My experience told me that having good shoes is important, especially if you need to walk a lot, it can save your energy (do not get unnecessary fatigues) and make you walk faster (with the same amount of load).
And to be able to work with semi formal, I need it to be in all black color.
Thus, instead of getting a real leather shoe, I thought why not get something from the sports manufacturer ?
I have shortlisted a few from the Internet, but seems like online browsing does not blend well with real touch.
Eventually, I settled for New Balance MW829BK. The original price is RM 339.00 with 30%, I got it with RM 240++
I went to the shop at The Gardens (3rd Floor).
Trust me, it is a good deal. A good way to save money.
Now with this new shoe, I have no worries if I need to walk day long with pubic transport, or jump into my car for some business events.
Wednesday, March 09, 2011
Monday, March 23, 2009
Bankruptcy Amount is RM 10K Per Credit Card
If you debts is above RM 10K per credit card, the bank will not bother to call you, because they can sue you for bankruptcy. As soon as less than RM 10 K, they will start calling you to pay the installment.
This is different for physical assets such as car and property where regardless of how much you owing, they will call you because they can always repossess.
This makes sense when recently a bank offer me a bank loan (6.99%) which the person in-charged specifically highlighted that it is not link to your credit card account.
My guess is that different financial packages tie to different bankruptcy policies.
What do you think ?
This is different for physical assets such as car and property where regardless of how much you owing, they will call you because they can always repossess.
This makes sense when recently a bank offer me a bank loan (6.99%) which the person in-charged specifically highlighted that it is not link to your credit card account.
My guess is that different financial packages tie to different bankruptcy policies.
What do you think ?
Saturday, February 14, 2009
Lower Interest Rate for Malaysia Credit Card Usage
Credit card interest rate now is been lowered, the lowest being 13.5%
However, most of the other alternatives financial funding is still lower than this offering such as credit transfers, personal loan using credit card as collateral.
Alliance bank offers 6.99% of personal loan.
This suggests it doesn't affect the banks anyway, since they can survive on even lower interest rates.
This is simply a way to encourage more credit card usage.
However, most of the other alternatives financial funding is still lower than this offering such as credit transfers, personal loan using credit card as collateral.
Alliance bank offers 6.99% of personal loan.
This suggests it doesn't affect the banks anyway, since they can survive on even lower interest rates.
This is simply a way to encourage more credit card usage.
Sunday, January 25, 2009
Alliance Bank Doesn't Penalize Late Payment for Annual Fees
It is a good thing that Alliance bank doesn't penalize late payment for annual fees.
Check it out..
This is cool. But right now the coolest credit card in town is Maybank Visa Petronas Gold card which guarantees no annual fees forever.
Check it out..
This is cool. But right now the coolest credit card in town is Maybank Visa Petronas Gold card which guarantees no annual fees forever.
Sunday, November 09, 2008
The Economy Is Getting Bad ?
Check out here for moody situation in Singapore.
I was at Mosin mamak near my house yesterday night at about 10pm and guess what ?
There was just a handful of us.
Maybe it is an unpopular mamak; at least not like before.
Looks like everybody is going to save money into the walls.
I was at Mosin mamak near my house yesterday night at about 10pm and guess what ?
There was just a handful of us.
Maybe it is an unpopular mamak; at least not like before.
Looks like everybody is going to save money into the walls.
Wednesday, October 15, 2008
Bush is not worried, it is not his problem
USA president George Bush is not worried anything about the financial crisis, it is not his problem, which was started from the private corporate side.
He is the savior.
He is the savior.
Monday, October 13, 2008
The End of Financial Boom
Just like the dot-com bust which sent many budding technopreneurs into nowhere I foresee similar fate for those in the financial industry.
The financial industry is simply using money to make money. The skill sets required are financial, accounting, economic and business alike. Well, I can say that for the past 10 years, those with such skill sets are really well fed and the their time is up now.
But I don't think that the situation would immediately sent such talents into jobless mode, affected ones would be those involving in high-growth potential, such as sales, marketing, consultancy and optimization.
This is also the start of the end for those dealing with credit card sales and I suspect that many people would be terminating multiple credit cards because the banks will not be blessing too much tolerance towards unpaid dues. In short, consumers have to cut short on spending future money.
I think that in the near future and probably the next 5 to 10 years, we need more 'financial police' whose job will be a little boring compared to the ancestors as such that the core function is to 'audit' things out; to right wrongs. These people would require to have skill sets of accounting, financial, business, economics and at least some portions of legal.
In other words, the financial industry needs to get back to fundamental now and not high-risk and high-growth. The ICT industry has been surviving on low-risk low-growth mode for the past 10 years.
The financial industry is simply using money to make money. The skill sets required are financial, accounting, economic and business alike. Well, I can say that for the past 10 years, those with such skill sets are really well fed and the their time is up now.
But I don't think that the situation would immediately sent such talents into jobless mode, affected ones would be those involving in high-growth potential, such as sales, marketing, consultancy and optimization.
This is also the start of the end for those dealing with credit card sales and I suspect that many people would be terminating multiple credit cards because the banks will not be blessing too much tolerance towards unpaid dues. In short, consumers have to cut short on spending future money.
I think that in the near future and probably the next 5 to 10 years, we need more 'financial police' whose job will be a little boring compared to the ancestors as such that the core function is to 'audit' things out; to right wrongs. These people would require to have skill sets of accounting, financial, business, economics and at least some portions of legal.
In other words, the financial industry needs to get back to fundamental now and not high-risk and high-growth. The ICT industry has been surviving on low-risk low-growth mode for the past 10 years.
Friday, September 26, 2008
No Money No Talk - Tricky
It is apparent that The Bush administration has been under attacked for some period.
But USA has always been leader in everything not until the recent Olympic games. That doesn't matter anyway.
The point is that USA has got everything.. they got strong public sector, private sector and individuals.
The recent financial market turmoil shouldn't be a public sector fault, the fact that these financial institutions are global and private.
Current US goverment (The Bush administration) sees this as an opportunity to save the day, by suggesting to use federal funds to bail-out those troubles institutions lead by private business commandos. It isn't hard to propose this because it wasn't the government's fault, now they have an opportunity to be recognized otherwise.
But it seems that things are not getting easier.
The question now is what matter most... Do you want to save the economy, business or people ?
Looks like they need another miracle.
But USA has always been leader in everything not until the recent Olympic games. That doesn't matter anyway.
The point is that USA has got everything.. they got strong public sector, private sector and individuals.
The recent financial market turmoil shouldn't be a public sector fault, the fact that these financial institutions are global and private.
Current US goverment (The Bush administration) sees this as an opportunity to save the day, by suggesting to use federal funds to bail-out those troubles institutions lead by private business commandos. It isn't hard to propose this because it wasn't the government's fault, now they have an opportunity to be recognized otherwise.
But it seems that things are not getting easier.
The question now is what matter most... Do you want to save the economy, business or people ?
Looks like they need another miracle.
Sunday, September 21, 2008
USA Government also Helps the Bank
Even the US government is going to help the financial institutions.
Experts say that it is necessary.
Not just in Malaysia.
Experts say that it is necessary.
Not just in Malaysia.
Monday, June 16, 2008
Last Minute Only
The biggest thing about this Petrol price rise in Malaysia is that people are just not ready.
Due to the fact that Malaysia has been living under the "Bolehland" culture where even many don't believe that we are superior, but in certain ways, Malaysian feel that we are lucky in many ways.
Nobody, even Lim Kit Siang, would have expected that oppositions would take five states in the recent general election. Barisan National is still recovering from shock.
And same goes to the inflation problem, people are just caught off-guard.
Some examples quoted in the newspaper.
I have spoken to some people with high rise incomes and they think that the petrol price of RM 2.70 is justifiable. Of course, these people can afford to pay for it.
But not the majority who are unprepared.
The government is looking into a system for which people can buy in bulk. This is not a bad suggestion actually.
Personally, I feel that if the inflation problem is left unchecked, Malaysian would be forced to undergo unprecedented social evolution which marks the beginning of complex social-economy ecosystem.
When the sole-breadwinner is not able to make ends meet, options would have to be opened up.
Unless, someone can manage to invent in time a superfood and this will kill the food industries along the way.
Due to the fact that Malaysia has been living under the "Bolehland" culture where even many don't believe that we are superior, but in certain ways, Malaysian feel that we are lucky in many ways.
Nobody, even Lim Kit Siang, would have expected that oppositions would take five states in the recent general election. Barisan National is still recovering from shock.
And same goes to the inflation problem, people are just caught off-guard.
Some examples quoted in the newspaper.
I have spoken to some people with high rise incomes and they think that the petrol price of RM 2.70 is justifiable. Of course, these people can afford to pay for it.
But not the majority who are unprepared.
The government is looking into a system for which people can buy in bulk. This is not a bad suggestion actually.
Personally, I feel that if the inflation problem is left unchecked, Malaysian would be forced to undergo unprecedented social evolution which marks the beginning of complex social-economy ecosystem.
When the sole-breadwinner is not able to make ends meet, options would have to be opened up.
Unless, someone can manage to invent in time a superfood and this will kill the food industries along the way.
Friday, May 18, 2007
Win RM 1,350,000 in Malaysia
With existing of new EON Bank (business or individual) account (current or saving), with an initial deposit of RM 500 and with consistent monthly deposit of RM 500, from 3rd May 2007 to 31st January 2008, one might be blessed with monthly cash prizes.
1st Prize = 1x RM 100,000
2nd Prize = 1x RM 20,000
3rd Prize = 1x RM 10,000
Consolotions = 20x RM 1,000
Go get it now. This is better than lottery. Just try to save RM 500 per month!
For more information, visit any EON Bank branches or call 03-2616 1133 or logon to www.eonbank.com.my
1st Prize = 1x RM 100,000
2nd Prize = 1x RM 20,000
3rd Prize = 1x RM 10,000
Consolotions = 20x RM 1,000
Go get it now. This is better than lottery. Just try to save RM 500 per month!
For more information, visit any EON Bank branches or call 03-2616 1133 or logon to www.eonbank.com.my
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