Author: Charles Tan
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40 percent of debts owed by top 20 percent income group
When we earn more, we tend to spend more. This is true even for me until today. When I first started working, on the first few days I got my salary I would spend more. When it’s coming towards the end of the month and my remaining funds are low, it would lead to cheaper…
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Necessity versus necessary or perhaps even better, priority.
I was at Aeon Ipoh today. Tried many long sleeve shirts and was really tempted to buy one or two more. After all, I would be wearing them as office wear so it’s not going to be left inside the closet. Okay, the main reason was because I managed to shed 7.5kg within past 4.5…
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Anything overvalued is best skipped, stocks for example
Blue chips, blue chips. Stock market. Everyone loves them. Big names are those known by everyone and bought by everyone. Sometimes, the share price is already pushed to its maximum and yet people still buy because of EXPECTATIONS. Surely it should continue to earn ever more profits, right? This is no different from investors who…
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Book Review: “Good Tenant Great Tenant Series”
They say knowledge equals to power. I say knowledge means our investment risks become a calculated one. When we buy without knowing anything, hopefully we are lucky all the time. It’s the same as buying to rent out. Tenant management needs time to build up. Alternatively, learn from those who has done it. Here’s three…
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Know transaction prices before negotiating? Possible.
Someone shared with me that in future, one trend that will surely happen is that no one would have information monopoly. In other words, information transparency would be the norm and everyone would have more information to base their decisions on. This would bring with it another issue. Decisions would have to be faster or…
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Banks are lending MORE to the property market; 8 percent higher than 2015
Fewer people were able to borrow from banks for property purchase, true? In brief, it’s either loan approvals are down or loan rejections are rising. Perhaps quite true since total number of property transactions are down. Property transactions and price, both dropping. (Jan – Sept 2016) Overall, the total loans to the property market is…
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First half 2017 volatile. Second half good time to buy?
We have been hearing of how affordable homes are the ones which are moving or in demand by majority of buyers today. Luxury ones are not that marketable due to lower demands. Developers love to build affordable these days Here’s an article from iProperty about reasons for a volatile first half of 2017 and a good…
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Household debt vs GDP is now 88.4%, down from 89.1%.
Yesterday, Bank Negara Malaysia released a press statement entitled, “Bank Negara Malaysia Annual Report 2016” Some interesting facts from the long article as follows: 2016 was a year when the world economy grew the SLOWEST since the Global Financial Crisis Global inflationary pressures remained low, mostly due to weak demand and weak commodity prices, especially…