Masakan Tradisional Indonesia

I found this in one of the un-published drafts ... Life expectancy at birth : male 69 / female 74 Healthy life expectancy at birth (2003): male 62 / female 65 Probability of dying under five (per 1 000 live births): 12 = 1.2% Probability of dying between 15 and 60 years m/f (per 1 000 population): male 197 = 19.7% / female 109 = 10.9% Basically a male Malaysian can expect to live healthily until age 62 and then drag 7 years before dying at age 69. Likewise women may drag 9 un-healthy years in average before passing away. Some people may have planned for their departure. But almost all people forget their lives WILL NOT just END like that . Instead, it will most probably be a .... ... ... kind of ending. You will most probably be causing troubles to yourself, your family or at least to the society! Other than the finance preparation, what else have you done to prepare for your golden years ? Also don't forget that there are 95% chances that Malaysian will most probably die of

It was mentioned before that you can use your EPF money to invest directly in the stock market, especially through Jupiter and Amara. The main selling points are; cheaper than invest to Mutual Fund ( 5.5% ) vs 3% charged by Amara freedom to invest in any particular stock and not a whole portfolio. Although Jupiter only charges 0.1% or minimum RM 10 brokerage fee but actually Amara, the licensed EPF withdrawal facilitator, have more charges other than the 3% one time drawn down fee. The significant ones are Transaction fee : 0.1% or minimum RM 15 per contract Custody fee RM 0.005 per 1,000 shares per month Add together with Jupiter's fee, your total brokerage fee may effectively be at 0.2% or minimum RM 25. So each MOTS (Minimum Optimized Trading Size) is RM 12,500. With RM 25,000 you can only make 2 transactions. Assuming you fully load all your investment in the market and average price per share is RM 1. Then 25,000 shares /1,000 x 0.5 cent = RM 0.125 every month. 1 year w

If you have enough money in your EPF, you can withdraw some of them into a stock trading account and invest for yourself. This may interest those who think they are more market savvy than EPF investment. ie. you were NOT happy with EPF past year performances or you think you can do better than them in future. First of all, depends on what your age is, there is a certain amount of money you have to leave in account 1. After minus out this amount, you can withdraw up to 20% of whatever left in Account 1. However, the fund receiving party may not simply accept any small amount. A common minimum amount to be withdrawn is MYR 30,000. Together with Amara, Jupiter Online recently has an offer where the minimum amount is lowered to MYR 25,000. This way, more EPF account holder can use their money for this purpose. Fees being charged are One time 3% drawn down fee. ( by Amara ) 0.1% or MYR 10 brokerage fee ( by Jupiter ) The following table shows how much you need in your Account 1 in your EPF

One of the previous articles showed a method to calculate how much one should pay for a car. In that example, the number is $1,300. That article then relates the $1,300 to a purchase of NEW car selling at $43,000 or below. However buying new car shouldn't be your only way to have your very own transport. Used Car You may only get a SMALL NEW car with $40,000+ but you can get a pretty NICE USED car for only $20,000. That is an instant 50% saving ! Borrow Do you have friends or relatives who have extra cars parking at their homes only being used once in a while ? There was once I drove my uncle's Mercedes for a month and I only paid $800 for it. Last weekend I visited 10 eligible neighbors telling them my car has broke down and I need to borrow their cars for a month. 3 of them are willing to do so for $500. Car Pooling Usually people don't car pool and there are many excuses for that. But at the moment I showed some cash, 15% of the drivers suddenly become more frien

It was hinted before that government may try to stop banks to subsidize credit card users on the RM50 fee to be enforced by the government starting next year. Today its no longer an internal warnings between government and banks. Government has made it public in the news on this. But of course it was made in a polite way, if banks subsidize our RM 50 we will FAIL to reduce Credit Card Debt problem ! Actually following one of the latest sharing commented by Alan in last post, banks faced many rejections on the ideas they proposed to bank negara. But BNM has no control whatsoever on the points accumulated in your credit cards. So when banks use the point system to return the RM 50 value to the credit card users, government fail to stop that approach. Hence, government goes public with news to add public social pressure to the banks. Its interesting to see how politic and finance fight so fierce over our precious RM 50. I am predicting the next move from bank is introducing 1Card -

Most personal car purchases are sentimental and relate to quality of life ... however if purchasing a car is mainly a transport and finance matters then it could be iron out this way ... First lets start with some facts of transport life around me; Taxi is as good as my own car if not better ( its my own car + a driver ) but its costly Bus stations are near by and can go almost anywhere but it takes too much of my precious time Intra city trains are fast and efficient but only after you are IN the city Car rental gives the highest flexibility but it could be expensive if park aside too long So I will need a hybrid solution if I don't have my own car. For me, I will use Taxi - Train - Light Rail during normal days and Bus and Car Rental during weekend and holidays. First I take a taxi to the near by train station (KTM), once in town I use light rails ( PUTRA, STAR, MONORAIL etc.) to travel almost anywhere within the city. Typically I would need to exchange once within the lig

Bus fare usage in Kuala Lumpur is averaged at RM 1.70 per ride base on the following usage rates. 50% Zone 1 RM 1.10 30% Zone 2 RM 1.90 10% Zone 3 RM 2.50 10% Zone 4 RM 3.10 Typically one may need to take 2 bus routes to reach destination. So one trip is RM 3.40 or Return trips are RM 6.80 1 week or 5 working days would mean a cost of RM 34 or RM 136 a month or RM 1,632 a year. Travel within Kuala Lumpur using private transport is average at half an hour. Relatively using buses for the same destinations would increase the travel time to 1.5 hours; include waiting and walking time. There you go, if you use buses as your main transport, you may need more than RM 1,500 a year and 720 hours commute time. You may save some money yearly but in the cost of 480 hours. Do you bus ? New Bus Fares in West Malaysia effective 1 August 2009 KL Buses : Zone1 RM 1 to RM 1.10 Zone2 RM 1.70 to RM 1.90 Zone3 RM 2.20 to RM 2.50 Zone4 RM 2.70 to RM 3.10 Other Buses : (No Air Con) RM 0.62 first 2 km, RM

Below table shows the return of Unit Trusts in Malaysia from 2001 to 2006. I added two columns to the right. Average return per year is simply return divided by number of years, in this case, n / 5 years ie. 25.9 / 5 = 5.18 Equivalent Compound Return Rate is using the FV formula to calculate what the interest rate would be if you save $100 5 years ago to get the same return. This is the number you should use to compare with Fix Deposit interest rate. Pit falls ? Not so much on that but some key concepts when reading numbers like this ... These numbers don't mean much by themselves. You should compare them with other numbers to make more senses and decide course of action. For example; Compare with Stock Market indexes. Mutual funds are suppose to outperform certain benchmarks. So a fund is only really doing well when it is BETTER than .... Compare with Fix Deposit interest. Are these rates significantly higher than FD through the same period ? Compare with Inflation rates.

EPF's interest calculation is one of the weird ones. Somehow they don't use the straight forward FV formula. Although it may seems like they are stupid and don't know math but the actual reasons are; 1) They don't really know how much to pay you until after financial closing at year end 2) your employer may submit your contribution to EPF LATE 3) legacy system left over from British colony time In short, EPF interest calculation is pro rated. So 1) Whatever you have left last year will enjoy full interest payment this year. ie. $100,000 x 4% = $4,000 2) Amount you save on 1st month will enjoy 11 month interest, 2nd month will enjoy 10 months interest etc. ie. in January $100 x 4% x 11 / 12 ie. in February $100 x 4% x 10 / 12 The exact words from KWSP » How is the EPF dividend calculated? In order to determine the dividend rate, factors that need to be taken into consideration include net income and total for 1% dividend at year-end. For example: Dividend Rate =

A short while ago, I wrote that charging MYR50 to credit card users is an ineffective way to reduce credit card debt. I even predicted that government would soon realize this mistake and relax in execution later on. Quite a few large finance institutions thinks the same too. But of course they have their own agenda. But I was wrong. Life is never monotonous. Personal Finance is NOT just about personal and finance. If you live on a land that has a country name, there are politics. And Politics matter, especially in this case. This is my Right ! I can DO THIS and I AM DOING IT !! Perhaps we push too fast, too strong and making our finance ministry looks like a fool. Hence, our TOP decision maker has now publicly declared that HE is going to charge the MYR 50 NO MATTER WHAT ! Rumors or insider news, bankers are warn NOT to absorb the MYR 50 or else they will face indirect penalty withdrawing other facilities have been given to them. HE is very determined to collect this MYR 55

Nowadays taxi drivers in Malaysia love to use Meter to calculate the fares, in contrast to before where they would ask for a fix fee when passengers hop on their cab. This is because they would earn so much more simply by using the new taxi fare system. The fee is MYR 3 for the first kilometer and then MYR 1.74 for every kilometer there after. As many may have known, public transport in Malaysia is not exactly efficient. One of the problems is the location of varies train stations. Generally and averagely speaking, a person may need to travel 2-4 kilometers before reaching a station. That would be half an hour to one hour walking time. If one doesn't have that time or the stamina, she will have to take a taxi. That would be MYR 6.50 for one person one way excluding reservation or call surcharge. Return would be MYR 13. MYR 65 / week, MYR 260 a month and more than MYR 3,000 a year. What is your distance to the nearest public transport station other than bus station ? old tax