Masakan Tradisional Indonesia

Now even the star has written article to support the idea to postpone retirement age from 55 to 60.  It brought up a few points that seem inevitable but . . . every sensible personal finance guy would feel something has gone wrong somewhere. The fact remains that retiring at 55 in today's world seems a waste. The mortality age for Malaysians has risen Since when the definition of wastage of my retirement is up to anyone else to say ?  I may live longer and what is that got to do with you holding my money longer than you have promised before ? In the advancement of personal finance world, we are talking about retiring at 40's.  Since when retiring later become a good thing ? The retirement age in Indonesia and Thailand is 60  No one stop you to migrate there.  But right now the hot thing going is 1 Malaysia where all we talked about is how much we love our own land bla bla bla. A longer life based on a finite and short working career certainly would put a strain on the finances

Market is down, many people are sad but how about you ? Have some extra money at hand ? Looking for opportunity to invest ? Even you don't have cash but do you know you can invest into mutual fund with your EPF ?   Fundsupermart says its time to go in because the price is below the value now - buy low now !  ... read here for their October FREE seminars , 1 Oct in KL and 8 Oct in Penang.  Prepare your EPF statements ( print for FREE from EPF office or login online ) ... They are going to whack your EPF hard that day :) You can also use your EPF $ to invest into stocks market but you may want to check out this article first .

Follow up on a concern if Warren Buffet's era may come to an end soon posted in August 2011 , the figures are now out and considered as 'correct' as calculated by Forbes ... Steven who works in Forbes has calculated that Warren Buffet is officially the BIGGEST MONEY LOSER , at an amount of USD 6 billions .  But this is not the first time Warren Buffet going through this kind of challenge.  He has always come back up stronger for the past 8 times but can he makes it again this round ? There are 2 key distinct differences in his challenges today. His age : Warren has come to a stage that he would give everything he has, back to the country or people he loves truly.  Business (  Berkshire Hathaway  ) is surely something he hold on to very strongly but NOT necessary to all the investors themselves.  If one day he realizes 'most' of the investors in his business is no longer 'his investors' like last time, he may just pull the plug.  After all, as far as his busi

Investopedia has brought up the 8 toughest retirement decisions and here MalPF shares her answers Q: When to retire ? A: You can retire ANY TIME by adjusting your lifestyle vs your saving.  Retirement is NOT defined by your country or your financial advisor.  It is an 'action' you can take any time to stop working. Q: When to withdraw retirement money ? A: If you Social Security/EPF is generating lower return than your saving/investment, then withdraw them. Q: Where to live ? A: Live where you are now, you can move any time you want later. Q: To continue working or not ? A: Work on whatever you like.  It should have been that way anyway even before you retire. Q: Sell the house or not ? A: If the offer is good or cannot afford repayment anymore, sell it ! Q: How to deal with IRA ? A: Just follow the rules, minimize the penalty if any. Q: How to manage investment portfolio ? A: As is.  You don't just happen to retire suddenly.  How you manage your portfolio before is how yo

the news : Malaysia is destined to double its income in the next 9 years.  In order to achieve that, the "domestic" folks must fork out MYR 94 billions a year until year 2020.  But in 2011, we are behind schedule with only MYR 27 billions domestic direct investment so far. . . .  so the prime minister asked us to invest more locally. Dear boss, I would love to invest into my own land and I also want to double my income.  In order to achieve that, each of my investment . . . well, must turn into a 200% income generator.  Which of our  projects  is generating this kind of return ? Bakun Dam ? Putrajaya ? Cyberjaya ? Greater KL MRT ?  * SMART tunnel ? Penang / Singapore Bridges ? Iskandar Malaysia ? Karambunai Sabah ? * 100 storey tower ? Do let me know as I wasn't aware of such a great domestic investment opportunity before. However, if you just need donation, then just say so lah.  I will still give one ... Love, MalPF.com 

Sub Prime crisis is not new now, most people would know why it happens, this is just another video about it.  But I am just curious how many of us can answer this question ... First watch this video if you don't know why sub prime crisis happen ( the reason that triggers today world economy collapse ! ) In short, it says ... home owner buy a $100k house but has no money home owner borrow money from lender by mortgaging the house to the lender home owner has to pay $200k to the lender in 30 years investment banker  get loan and buy the mortgage from the lender for $220k investment banker turns the mortgages into another finance tool investment banker sell this finance tool to investors investors get good returns investment banker receive money from investors and home owner, pay his loan and still earn if home owner default in payment, investment banker take the house, resell to another home owner cycle continues, almost everyone earns except the defaulters, which is really their ow

Some said GST is good, some not .  The myth how we pay less tax and yet government can earn more money has already been answered .  But GST is coming regardless, so what can we do ?  If you haven't related the answer from " the prefect world " article yet, then may be this article may help ... Everyone who wants to adapt to GST need to produce REAL values to the people by large around his society. In business we will need to sell something that people really need instead of just manipulating and deceiving the market.  When you provide what people really need, GST actually helps you reduce cost, hence your profit goes up without even raising your selling price.  If you are too creative in what you are selling, you will have to increase your price to keep what you are earning now when GST comes.  You will have to harvest more money from the public without giving them any extra values.  You just provide value with the few parties you make deal with, just like the primary s

Questions Tell us a bit about your childhood and how it affects your today's practice on personal finance ? There was once I was slapped real hard until my whole body fly toward the wall, so till now one of my ears is half deaf.  I learned that not everything can be undone.  We have to be careful not to let our emotion/feeling drive us over the edge.  Which turns out to be a very valuable blue print in my stock investment. Since teenage I was influenced to save in mutual fund.  That has helped me survive through my varies business cycles 20+ years later.  DCA does work especially when we just get started. During the first year of my high school, a classmate helped save a fire.  Then a broken electric cable fell upon his body and he died.  I learned that sometimes life is bigger than ourselves.  So I knew since young personal finance is never about the money, its about what we want in life. His father was an illegal immigrant but we never felt any indifference.  I

1.     Tell us a bit about your childhood and how it affects your today's practice on personal finance ? I lead a moderate lifestyle during my childhood. My family is quite frugal and we don’t splurge on branded goods.(nowadays a lot of young people fell into this consumerism trap) Come to think of it, I guess I am fortunate that I did not suffer from any peer pressure during my school days as most of my classmates are quite moderate also even though some of them come from very wealthy families. Until now I don’t really get all the hype of wearing or using highly expensive branded goods just to feel “confident”. Confidence comes from within. On personal finance perspective, I managed to save quite a high percentage of my salary over my working years. But one thing that my parents never thought me about is the importance of investing to make your money work for you. They are quite conservative investors. Nevertheless, they stressed the importance of education and hard-work to ensure

Hi, My name is Michael Tsen. I am a fanatic on personal finance topics. I have been learning and reading personal finance stories since young. In recent years I feel very excited that quite a handful of Personal Finance blog writers are promoting rather interesting and unique point of view that I feel more people should know about. So I thought of an idea to interview the person behind the site. As I like your site a lot, I hope you are kind enough to accept my request to conduct an interview with you. The interview questions will be slightly uncommon than those 'hello how are you' type of questions. At some instance, some questions may make some people feel uneasy but all questions are strictly professional to bring out the objective - ' to know the person behind the blog '. No personal identification will be sourced other than the blog URL we are interviewing you about. You m

Tell us a bit about your childhood and how it affects your today's practice on personal finance ? I would say the my personal finance practice is mostly influence by after reading these 2 book i,e Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter and Millionaires are from a different Planet by Azizi Ali. It’s a must read book for those who want to take control of their financial life. Ever since, I continue my education via attend investment seminars Answer this question without checking or asking for references : If you can remember, what is your Zodiac and Astrology signs ? Pisces & Ox What are the things you like to do during your free time, ie. your hobbies ? And what do you most dislike about ? Reading & hiking What is your favorite colors and numbers ? Any most dislikes ? I don’t any much preference on this What is your favorite food ? What do you hate most ? I do love Spicy foods If you can meet a person dead or alive, who would that be ? What would you ask h

Tell us a bit about your childhood and how it affects your today's practice on personal finance? My family wasn’t quite poor, but money was tight growing up.  Through those struggles I’ve learned to save and manage money well.  I’ve learned that while money may not necessarily bring happiness, it is important to be able to afford the basics and opportunities for children to help enrich their lives. Answer this question without checking or asking for references : If you can remember, what is your Zodiac and Astrology signs ? I’m not really into that stuff, but I think I’m a Libra. What are the things you like to do during your free time, ie. your hobbies ? And what do you most dislike about? I enjoy programming, writing, weight lifting, running and hanging out with my wife. What is your favorite food ? What do you hate most ? My favorite food is pizza…definitely pizza. What is the last thing you do before go to sleep ? Kiss my wife. What is the first thing you do

 Tell us a bit about your childhood and how it affects your today's practice on personal finance ? Nothing special and I don't remember most of my childhood time, like lost of memory. Answer this question without checking or asking for references : If you can remember, what is your Zodiac and Astrology signs ? No need to check with anything or anyone. Born in year of Dragon and my star is Sagittarius. What are the things you like to do during your free time, ie. your hobbies ? And what do you most dislike about ? Computer related, now extended to smart phones and iPad or surf the web for information regarding latest technology and investment in share. I don't have anything specifically "dislike" but if any... would be "in a pub full of second hand smoke" and disturbing noise. I also don't like to waste money. What is your favorite colors and numbers ? Any most dislikes ?  Blue. I have no f

 Tell us a bit about your childhood and how it affects your today's practice on personal finance ? My parents are frugal. So I think I learnt a lot about saving money from them. Since money is scarce during that time, I learn to make money since primary school. The first time I made money is through selling rubber tree seed to some seniors. That time, I was only standard 3 and some standard 4-5 seniors bought some special rubber tree seed that I found near my place. The seed has really hard and solid shell which is advantageous at some games we used to play. The seeds cost them RM0.20 a piece. The smaller ones cost even more. I also start teaching piano at the age of 16 and this part time job pays through my exam fees and also university degree program.      Answer this question without checking or asking for references : If you can remember, what is your Zodiac and Astrology signs ? Don't know  What are the things you like to do

Tell us a bit about your childhood and how it affects your today's practice on personal finance ? CP : Will write this in length in my blog next weekend and copy that to send it to you. Answer this question without checking or asking for references: If you can remember, what is your Zodiac and Astrology signs ? CP : Gemini. Goat. What are the things you like to do during your free time, ie. your hobbies ? And what do you most dislike about ? CP : Like : Listening to songs/music. Playing with my kids(I have 2). Dislike : Gossiping? Day-dreaming? Haha What is your favorite colors and numbers ? Any most dislikes ? CP : Like : Yellow and light blue. Dislike : None What is your favorite food ? What do you hate most ? CP : Carrot cake(Chinese) Dislike : Anything related to vege. If you can meet a person dead or alive, who would that be ? What would you ask him ? CP : Gandhi. How confident he was using non-violence ways against oppression? What is the best and worst feeling you have ever