Up, Up and Away .....

Happy new year, my fellow readers.  It is another brand new year and we are on the way toward another era of high living cost such as hike of charges on electricity, assessment, school bus ....  Pheww, how are we going to get through all these?

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.