Comments on: 7 Places to Keep and Grow Your Money

By: LcF

LcF — Wed, 09 Jan 2008 06:29:14 +0000

@Hasbullah: yes, minimum is 5 gram

By: Hasbullah bin Pit

Hasbullah bin Pit — Tue, 08 Jan 2008 23:57:05 +0000

If I’m not mistaken 5 gram needed to open Gold saving passbook

By: ciken

ciken — Tue, 08 Jan 2008 14:54:14 +0000

Great tips, thanks..

By: garau

garau — Mon, 07 Jan 2008 08:29:16 +0000

Stock and unit trust would be the best place…but buying stocks you must have proper research, or maybe you can subscribe to those reputable stock recommending company eg iCapital.biz

By: Steven

Steven — Sun, 06 Jan 2008 19:36:18 +0000

@PP
EPF voluntary contribution no need do any application at all. That day went to EPF PJ asked about the process and was told no need to do application, can simply pay at the counter. So I paid some money for Nov 07 using cash.

For Dec 07 I paid using Maybank2u and both transactions shows on my EPF statement as Self Employed Payment.

Hope this helps.

By: ChampDog

ChampDog — Sat, 05 Jan 2008 18:25:29 +0000

I love unit trust / mutual funds but remember it is meant for long term usually. I don’t aware that the self-employed can contribute in EPF. Good tip and information. When I self-employed one day, I probably know what to do. Thanks for the tip.

By: pp

pp — Mon, 31 Dec 2007 14:13:18 +0000

How do you do the EPF voluntary contribution? What’s the process like? Does it have to go through the company? Can I just make in through Maybank EPF online?

on the gold investment, what makes you invest on it? On the first look, i’m very keen on investing on it, but the thing that holding me back is that, when you want to cash it out at a later years, the buying back rate is around 7-8% lower than the selling price set by bank. And of course, base on the gold price history, this year seems to be almost at the peak…..well, that’s what i think. Which bank do you engaged to?

perhaps you can PM me? =)

Happy New Year to u and all!!! hip hip hooraayy!!!

By: Justin

Justin — Fri, 21 Dec 2007 16:07:25 +0000

I disagree on gold. It has a poor track record with many myths surrounding it. I would fund my mutual fund or index fund more rather than investing in gold.

By: bhaktapurgirl

bhaktapurgirl — Fri, 21 Dec 2007 08:23:49 +0000

thanks for sharing it
lots of money wow!

By: iCalvyn

iCalvyn — Fri, 02 Nov 2007 14:02:39 +0000

Buying cheap house, Cheap doesn’t mean bad, recently people advice me to buy cheap house, people said sooner and sooner land are getting less, the cheap house will increase price same with the price of normal house now

this is my 2 cent

By: kitkat

kitkat — Thu, 01 Nov 2007 04:56:47 +0000

My favourite is Amanah Saham, so far I’ve been getting 7% plus every year… I know it’s not fantastic, but should be better than Fixed D. If I have time to moniter the stock market, I think I can get 30% plus, but can also lose 30% plus.

By: Tim

Tim — Thu, 01 Nov 2007 01:12:36 +0000

@Omar: I agree with you.
It’s better that we monitor the market ourself or get someone experience to manage our investment.

By: LcF

LcF — Wed, 31 Oct 2007 21:20:38 +0000

@TechMalaya: it is not about how much money you have, act it now and you will get the fruit.

By: LcF

LcF — Wed, 31 Oct 2007 21:14:55 +0000

@KCLau: the real happiness is the ability to bring happiness to other people

By: KCLau

KCLau — Wed, 31 Oct 2007 21:04:25 +0000

LiewCF, one of my client said that you only enjoy money when it is spent

By: Omar Yesid Mariño

Omar Yesid Mariño — Wed, 31 Oct 2007 20:25:45 +0000

I would be most cautious with Mutual Funds, because they are managed by people who really are not investors but employees that receive payments by your transactions without caring if you win or lose money. Mutual Funds only make money when the market is going up, but a better thing is be able to make money when the market is going up and when it is going down (you can read about “The options market”). I think the Real Estate assets are a great investment but we must begin by focusing on our financial education first. That is the best way to reduce the risky actions on investments.

By: michelle

michelle — Wed, 31 Oct 2007 16:29:23 +0000

Ladies, should buy this “Rich Woman” by Kim Kiyosaki,who insist on being financially independent. http://www.richwoman.com/

By: Larry

Larry — Wed, 31 Oct 2007 15:43:03 +0000

It’s good to diversify but over-diversification can be a bad thing… your returns are diluted and you end up having to manage lots of different things. If you had a portfolio of blue chip shares and do a little research, you should be able to achieve 15% compound over the medium to long term.

By: Mr Henree

Mr Henree — Wed, 31 Oct 2007 15:08:03 +0000

I do believe always invest back certain % to your online business will grow your business as well. Invest as in buying new books, attending new courses, advertising and promotions…

By: Iskandar

Iskandar — Wed, 31 Oct 2007 14:22:22 +0000

How much do you need to open the Gold Savings Account, Liew?