Posts Tagged ‘financial’

My Score

What score is it? Well, you may go for your own test at Malaysian Investor website created by SIDC, short for Securities Industry Development Corporation. The quiz is basically testing your basic financial awareness especially on whether you are resistant to investment scams out there.

The website itself, consisting a lot of information about financial planning and investment. It is a good knowledge center for people who are concerning about managing personal finance.

It is common enough that many of us Malaysian do not know much about financial planning. Of course, some may have some saving, some may have some investment of any kind. Worse still, a lot are in very bad shape which suffers from too much unhealthy debt. Until then, we should consider back to the basic, get some financial education with free resources on the Internet, and slowly develop financial intelligent on ourselves. Of course, practicing the best practices recommended. Slowly we shall see positive results.

So have a start? Click here.

Question About (Part of) Your Life…

I come across this questions, really serious questions that are potentially affect your financial standing for your future. If you were to think it through thoroughly, without procrastination, I believe the impact will be huge; even greater than you can imagine. Treat it seriously, do not delay it till tomorrow, it might be too late then. If you were to have bad habit of procrastination, maybe you can try to overcome it here..

1. Are you one of the 95% who are financially threatened?
2. Are you always running out of cash at month end?
3. Are you tied down with credit card debts?
4. Is your current job secured?
5. Is your business giving you a headache?
6. Are you always quarrelling because of lack of money?
7. Do you grow with your children everyday or they are cared for by someone else?
8. How often do you spend quality time with your loved ones?
9. Do you have enough savings for emergency?
10. Do you have a solid retirement plan?
11. Are you one of those 95% who are working to make the 5% rich?
12. How can you survive the global economic crisis and profit from it?

Wish that it do some help to make things better. If after all you feel that you are in good shape, I guess you are lucky enough and please don’t be hesitate to share. If not then I would suggest you to think harder on improving the situation.

E-Statements Instead of Hardcopies… Be More Friendly to the Environment

I have just got a notification HSBC that they will be no more sending me the monthly statement. It reminds me that CITIBANK as well, already stop from sending me the monthly statement since months back. They are now only give me the e-statement forwarded to my email every month. Don’t feel any inconvenient since then.

To me this is a good move. It helps to reduce a lot of paper waste, and more importantly, eliminate tremendous amount of energy for sending the mails. Of course, you may want to say that the savings is only benefit to the business people, because they have the cost cut. That’s obviously true, but we are not in any lost also. Maybe if the business could give some incentive for clients receiving e-statement instead of hardcopies, it will help to encourage people on accepting this concept. The best arrangement will be win-win for everybody.

So the trend do goes on. I just figure out that the telco company also provide options for users to stop from receiving hardcopy statements. Just one of the example, I have just registered an account with TMonline. With the account, you do have the choice to have no paper bill sent to your mailbox. Instead, you can view your statement online or sent to you via email.

According to another friend that is using mobile services from Maxis, they charge extra for any hardcopy statement sent to you. In another words, you are saving some bucks for saving paper bills.

No matter what, the best reason is by eliminating paper statements, you are saving our environment. Unless you are not online and do not have an email (which is unlikely since you are reading my article now), then what stops you from doing it? Maybe your feedback do make sense and worth thinking. Please do comment if any.

Interesting (yet Hard to Understand) Blog about Finance

Knowledge, wisdom and pretty girls. A very good blog about the current local and global economy, various investment vehicles and generally what ever else that related to finance. The most interesting part is the articles come free of charge, plus bonuses of pretty girl photos.

About the owner of the blog:

“Salvatore_Dali

… too young, too old, too sarcastic, too dark, too funny, too charismatic, too poor, too Cantonese, too Malaysian, too frank, …too bad … and die-hard M.U. fan! email: malaysiafinance@gmail.com The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.”

Click here to visit.