These Smart Ringgit-Saving Tips Can Help You Extend and Grow Your Money

I’m always approached for advice on how I manage my money so well. I say that hearing endless stories about people being stuck in debt, such as a neighbor who lost his house because of loans he couldn’t pay, a gambling fiend who struck it lucky once before going on a losing streak that had him forever indebted to friends, and other stories about financial woes that lead people to depression and declining health has pushed me to be wise with my finances at an early age.

Myth of Credit Card Cash Rebate

I have been holding cash rebate credit card since 2008.  If you follow my blog closely, you should understand that I treat credit card as cash and cash rebate as a discount.  I believe it is essential for us to do so especially in the regime of high living cost we are experiencing now.

Investment Fund Allocation

For those who have basic understanding on financial planning should understand the importance of fund allocation.  Techinically speaking, fund allocation should be make according to your risk profile.  If you are a conservative investor, you might prefer to opt for more investment on bond-like investment as too much stock-like investment will create uneasy feeling.  Of course, for an agreesive investor, the scenario will be the other way round.

Are You Making Your Investment Decision Based On Opinions or Facts?

Every now and then, whenever there is an interview with an “expert” on stock investment, people likes to seek for his recommendation. The “expert” will then give his suggestion according to his understanding of macro and micro environment and provide his buy or sell advice accordingly.

I must admit that these “experts” are doing a great job on providing their views according to certain logic. However, what worrying me the most is that most people will tend to accept the advice or tips unconditionally without any validation which might lead to a disastrous ending.

A Quick Check on Knowing whether You are on the Way to Get Out of the Rat Race

Do you feel tired on working for others?  Are you having a job that you are not interested in but forced to do so?  Are you thinking of firing your boss but not sure whether you are ready or not?  So, you are thinking of no working while money is still coming, aren't you?

Book Review: Taming the Money Sharks by Philip Cheng

This book, Taming the Money Sharks: 8 Super-Easy Stock Investment Maxims, Philip emphasizes on the essential of evaluating a company's fundamental before putting in our hard-earned money.  He introduces a total of 5 ratios and these ratios are mainly on evaluating a company's earning power, credit position as well as cash flow to meet its obligations.

How Money Changes Our Life?

Since I achieved my FREEDOM two years ago, my life has never been so easy before.  Ya, I am still working full-time with an aim to continue to have contribution to my country rather than for money to meet my daily obligations or sit at home and do nothing.  Meanwhile, I also able to allocate more time for my family, my hobbies and my favorate works during my free time.  One of my hobbies is reading and it has been years for me on no reading books about financial planning as I already have one (which was designed by myself) and achieved it.  When I browsed through MPH online bookstore last month and came to know a book by Azizi Ali which is entitled "Money Changes Everything - Get Rich, Live Rich, Die Rich".  I recall the first book that encouraged me to kick-off my route to Financial Freedom was Azizi's "Millionaires are from Different Planet".  Of course, the journey was not easy but I faithfully achieved it finally and I share all my experience in my book, "FREEDOM".  Without second thought, I ordered a copy of "Money Changes Everything" to observe if there is anything else I could further enhance from what I have been doing.

Invest Bursa Course is Reopened

Since the inception of my Invest Bursa Course, my students have been benefiting from my stock investment methodology.  As a matter of fact, beside investment timing, correct mindset plays a key role on successful stock investment.

Let me give you an example.  During the course, one of my students analyzes a well-known healthy drink maker in Malaysia.  Yes, the company does has a very famous drink that even a 3-year-old kid can ask for one when he feels thirsty.  However, what happen is that, due to high operating cost, its net profit margin is rather less promising.  Therefore, this company is filtered out by my STARS Evaluation System.  My students reluctant to accept this fact initially and doubt about the effectiveness of my system.  As a matter of fact, my system is helping us to seek for potential winners.  These winners should be characterized with growing sales and profit trend with good profit margin in order to balance the risk we are facing.  It is just illogical to invest in a so-called famous company with the return just slightly better than FD.  In other words, my STARS Evaluation System is helping everyone to look for the truth but not what the market is saying.  After some mindset fine tuning, my students appreciate how my philosophy on identifying quality counters.

So, after the identification of the right counters, I also show my students on how to earn big by identifying the right investment timing.  I am not a speculator and I don't sit in front of monitor all day long.  Instead, I spend most of my time on reading, teaching and get around with family.  The most I use is 10 minutes a day to monitor my investment is only and I normally do it before I go to bed.  Yes, I use the most 10 minutes a day to make my investment decision.  Wondering how?  I will show you in my Course.

My students are now more confident on stock investment and have no worry over market fluctuation.  My system has been able to help them to identify high yield counters and telling them when to enter and when to dispose strategically.   To me, my system has been giving me a average return between 15% and 20% a year and I would like to show you how.

The next enrollment of my Invest Bursa Course is now opened for registration.  You may visit investbursa.com for more information.  Due to overwhelming demand, I have to close the enrollment by 7th October 2013.  Based on my past experience, I have to limit the number of students as I would like to give you my best to ensure your stock investment success.  Catch this invaluable learning opportunity and I hope to see you in my Course soon.