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Chong Kong Hui - The Financial Planner
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My client told me to hold on the proposed USD investment plan as RM is at lowest since 2009.

Well, I gently remind him to "look another way".... No one really knows the market but one thing quite sure is, if you do dollar averaging investment, you won't buy at most expensive or cheapest and the up and down become less relevant over a horizon of 20 years.

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国家银行属下的信贷咨询与债务管理机构(AKPK)理财教育课程导师庄国辉博士日前援引破产局数据指出,

2012年平均每天有41人破产,
2013年增至51人,
到了去年再攀升至63人。
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“The mutual fund is a wonderful invention for people who have neither the time nor the inclination to test their wits against the stock market, as well as for people with small amount of money to invest who seek diversification”  ~ Peter Lynch
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Mutual fund is commonly known as Unit Trust in Malaysia.
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Invest in Unit Trust

A comment I read from a blog:

Public Mutual always launched their new funds at the market peak because this is the best time to get SALES as investors are at their most optimistic. The investors who buy their new funds will always be buying stocks at their peak prices.

Shortly after, the market corrects and PM and its agents will somehow manage to convince these investors to look at the long term 3-5 years, if possible, keep it there forever. 1.5% x 5 years = 7.5% management fees to PM and agents. Somehow, PM always win. Do I need to tell you who are the losers? If the market crashes, they will tell you to practise dollar cost averaging. Put more money in to support their bad investment decisions. More sales and service charges again to the winners!! 

The timing of the launching of PM new funds corresponding to market peaks is so accurate, I have been using it as a signal to get out before the market crashes.
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Internet Broadband Fee - Price vs. Value
Recently the government announced a overall price reduction in all internet broadband between 10% to 57%. Sound so good but is it? A comment noted in a blog: Dont be fooled by this gimmick of 57% discount on broadband rate....all this are pure bs. The RM38 ...
Recently the government announced a overall price reduction in all internet broadband between 10% to 57%. Sound so good but is it? A comment noted in a blog: Dont be fooled by this gimmick of 57% discount on broadband rate...
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Property Market Direction 2015 to 2018
Current Property Loan rejection rate: 60%70% WHAT WILL HAPPEN NEXT (referring mainly on CONDOS)? Between year 2015 2018 - There will be many units of CONDOS completed.  The real effect will be felt the most in 2016/7, that is when speculators holding powe...
Current Property Loan rejection rate: 60%-70% WHAT WILL HAPPEN NEXT (referring mainly on CONDOS)? Between year 2015- 2018 - There will be many units of CONDOS completed.  The real effect will be felt the most in 2016/7,...
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If you are below 45 and contribute to EPF.... you should be concern this.
Here is what will happen if the proposal by the Employee’s Provident Fund (EPF) to raise the withdrawal age from 55 to 60 comes into force.
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EPF / KWSP - The Unknown Benefits.
Are you aware that apart from retirement benefits, an EPF member is also entitled to other benefits in the event of incapacitation and death? Incapacitation Benefit (Incapacitation Withdrawal) The Incapacitation Benefit is paid to the member who has lost hi...
Are you aware that apart from retirement benefits, an EPF member is also entitled to other benefits in the event of incapacitation and death? Incapacitation Benefit (Incapacitation Withdrawal) The Incapacitation Benefit is ...
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What is SELF-BILLING in GST?
The following reply from MSIG to MSIG's agent is probably a well documented FAQ about Self-Billing. Q #1: Why is MSIG paying the GST to me? I thought they are supposed to pay to Customs on our behalf?                         1.        A GST registered perso...
The following reply from MSIG to MSIG's agent is probably a well documented FAQ about Self-Billing. Q #1: Why is MSIG paying the GST to me? I thought they are supposed to pay to Customs on our behalf?                       ...
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Invest with "platform", in Unit Trust.
There are more than 20 fund houses, probably 30 and altogether more than 300 funds in Malaysia, approved by Securities Commission. How do you invest and manage your investment, effectively and efficiently? Imagine over the years, you have invested into few ...
There are more than 20 fund houses, probably 30 and altogether more than 300 funds in Malaysia, approved by Securities Commission. How do you invest and manage your investment, effectively and efficiently? Imagine over the ye...
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Most people, including EPF Member, do NOT have enough saving for retirement. It is a FACT. What are you going to do to be the minority?
Members can look at other financing for education and housing, says Shamsuddin Bardan.
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许多打工一族,尤其是住在城市的中产阶级及低收入阶层,每个月都入不敷出,要他们强制储蓄,未免是强人所难,也是痴人说梦话。

但所谓“你不理财,财不理你”,如果我们不开始妥善的理财,不开始正视未雨绸缪的问题,几时才要开始储蓄呢?

李治宏●南洋商报副新闻编辑
http://www.nanyang.com/node/694289?tid=743
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Chartered Accountant by profession by prefer to be in financial service industry providing personal finance, mortgage, business financing and insurance-based financial planning.
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