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Saturday, October 13, 2007

Saving$$


***SAVING***
====================================
Saving is good for our future,we can get many benefit when we have this attitude .The profesional say: we should prepare about 6 month salary for our saving .What benefit when we saving?

  • We can use it when something emergency happen
  • We can make our hope become truth.Example:Travel around the world,build a dream house or a dream car
  • We also can invest our saving money to make more money.Example : unit trust,small business and share market.
  • We also can use that money for our education or our child education
  • With saving, can control us without spend our money maksimum.

Saving can make our life better and make us no to face for the finiancial problem, so saving is important for a individul,a family ,even a country.How to saving???

  1. We can control ourself saving minimum Rm1 per day
  2. We can put the saving money into a bank with open a saving account .
  3. When you have a certain amount of saving you can put in Fix deposit to get more higher interest with low risk.
  4. Beside this you also can invest a medium risk unit trust ,it maybe give u dividen that higher then fix deposit.
  5. Share market is that higher risk finiance product, but it can give u a great return but also can make u loss all your saving.
  6. Another idea is buy some prenium,it can be saving/investment and also give u a protection for your life.

My suggest is your can make your saving to few investment 40%for fix deposit /saving account, 30%for your unit trust because the risk not so high but can get more dividen,20%for your prenium that can protect us in life and also can be a investment product ,and lastly 10 %for share market because it is the most high risk investment product.Remind ,Don't try to invest share market without any knowledge ,you should get more knowledge before invest share ,If you invest share without knowledge,you will get another thing, that is experience,but this thing will make you pay(loss) fee for this knowledge.SO be prepare before involve in this market.

*******INVESTMENT ALWAYS GOT RISK , SO BETTER DON'T PUT ALL YOUR SAVING FOR INVESTMENT**********

Friday, October 12, 2007

Why no money?


Why people always say no money?Because their do not plan for their own finiancial properly.When your spend more than your income and without saving in a month.That mean there is a problem in your individu finiancial.
When you face this problem, don't want nervous and try to get more money from the illegal or legal Finiance Agency to slove this money problem(not enough money to spend).This will make more problem for you monthly finiancial .Example:credit card,personal loan.......
Those Finiance Agency product will make you more spend in future.EXample :
  • PAY THE INTEREST
  • PAY THE CAJ BANK

Those fee will make you future more worst.THen how to solve this problem:

  • SPEND LESS
  • SPEND WITH SMART
  • FIND OTHER WAY TO INCREASE THE INCOME
  • TRY TO DECREASE OTHER EXTRA SPEND BESIDE BASIC LIVING NEED

How to that:

  1. We can list out our nett income
  2. We can list out our spend
  3. We try to control our desire
  4. We can try to live a simple life with basic living need(small house,small car or motor,eat lightly..........)
  5. After that, we only try to increase our income (working part time,find some MLM ,try to earn commision, invest some low risk investment, find some job provide living place and other benefit )but don' try to invest share market,because it is a HIGH risk market.
  6. When you keep this life style longer, you will find many benefit to you,when you have extra money must remember to SAVING.

**********Why Saving...................................(to be continue ^^ I gtg bye)***********

international reserve


International Reserves of BNM as at 28 September 2007
The international reserves of Bank Negara Malaysia amounted to= RM335.4 billion (equivalent to USD98.2 billion)
The reserves level as at 28 September 2007 has taken into account the quarterly revaluation gain, following the strengthening of the major currencies against ringgit during the third quarter.
The reserves position is sufficient to finance: 8.8 months of retained imports and is 7.1 times the short-term external debt.