Masakan Tradisional Indonesia

This is an extract of what I read in today's newspaper. More and more people start to carry this type of alternative concepts about retirement especially in this 21st century. You can't say its wrong. As a matter of fact, its a rather SMART way to go. But lie within is a huge hidden risk. The titles in above newspaper read: you don't need much during retirement, coz your liability has reduced living frugal is not hard, mentality is the key you don't need to prepare to retire ? By the time you retire, you probably don't have any more house loan or car loan to serve. Your body does not allow you to earn that much anymore. Chicks don't get attracted even if you sit in a Porsche. The bigger house you live in the harder it is for you to take care of it. In short, many people plan to 'maintain' their CURRENT lifestyle when they play for their retirement. The fact is you WILL NOT live the SAME lifestyle even if you are financially able to. Basically

21st century personal finance is moving away from saving and focus into the income arena. In short, the gurus are now educating public that saving is NOT good enough , hence sourcing for passive incomes on the another hand is a BETTER solution, than just saving alone. While the concept is definitely true and correct but unfortunately as the hypes go bigger and bigger, the idea of passive income has been abused and more scams started to appear in the market, as if they were the gurus as well. Except the 'passive income' they refer to is barely promoting their own original same old products. The personal finance market has become so competitive that even some real gurus have no choice but to go beyond the line in their marketing effort - Robert Kiyosaki is no exception in spreading " Saving is bad ". Although passive income is very well defined here using income ratio 1:100 but is there really such thing as Passive income ? When I looked up dictionary, these word

The Economy-Political Quadrant may seems like telling where to keep or invest your money despite good or bad time. It indeed works very well during 20th century. Unfortunately comes to 21st century, not only has the year changed, personal finance arena has changed drastically as well. Gold has been speculated so much that it MAY no longer be the standard of money. There used to be only ' property ' in the city. Now there are satellite towns, suburbs ... agriculture lands and even dust bins ( recycle ) have become valuable estates too. While property remains the right category to invest into whenever economy is booming, but predict the right future seems like tougher than buying lottery. Government bonds used to be de-Facto action when a country is stable. But in today's world, a country is as smart as a taicon's finance. One day they are the LARGEST, the next day they are GONE. Stock market used to be the back bone of a country's economy. However, the marke

G7 are the 7 countries who have been dominating world finance since 20th century. Most of them are from Europe and North America, plus Japan. However, most would have known by now that some of them are no longer as great as they used to be in this 21st century. So E7 comes about where generally people think a new economical forces will emerge out taking over G7, they are (China, India, Brazil, Russia, Mexico, Indonesia and Turkey). According to chart below, E7 will take over G7 in 2020. There are also stories that says this will happen in 2050. Either way, generally people expect E7 to take over G7 in due time. However, the fact is that will NEVER happen. What will happen instead is that 1-2 G7 members may drop out from the list because they fail to make a come back despite how hard they try. Like wise 2-3 E7 members never make it to the bar, hence E7 will NEVER be formed. At the end, there may be a G11 formed, which has nothing to do with G7, G8 and G10. G11 is seamlessly integr

List of Tax Relief for Resident Individual 2010 No. Individual Relief Types Amount (RM) 1 Self and Dependent 9,000 2 Medical expenses for parents 5,000 (Limited) 3 Basic supporting equipment 5,000 (Limited) 4 Disabled Individual 6,000 5 Education Fees (Individual) 5,000 (Limited) 6 Medical expenses for serious diseases 5,000 (Limited) 7 Complete medical examination 5,00 (Limited) 8 Purchase of books, journals and magazines 1,000 (Limited) 9 Purchase of personal computer 3,000 (Limited) 10 Net saving in SSPN's scheme 3,000 (Limited) 11 Purchase of sport equipment for sport activities 300 (Limited) 12 Subscription fees for broadband registered in the name of the individual. 500 (Limited) 13 Interest expended to finance purchase of residential property. Relief of up to RM10000 a year for three consecutive years from the first year the interest is paid. Subject to the following conditions: (i) the taxpayer is a Malaysian citizen and a resident; (ii) limited to one residential unit; (ii