Author: Charles Tan
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Personal Finance 101: How to calculate EPF money we have when we retire?
In order to benefit from this article, you need to be an EPF contributor first yeah. As for EPF, much has been said about the recent RM500 being deposited by the government to EPF contributors who have too little money in their account. Some said that EPF members should be allowed to do another round…
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Property Investment 101: 10 Reasons to start the property investment journey
Google for reasons for property investment and you will an unlimited number of articles about this topic. After having invested into property for the last 18 years or so and having properties in 6 cities / towns in Malaysia, here are 10 reasons I think are important for property investment. All the WHYs…
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Property Investment 101: 3 ways to invest into properties
People say, “never put all your eggs into one basket” because the risks are very high that if the basket were to fall, all the eggs would be broken. It’s the same for investments. Diversification is necessary. My personal opinion is that dieversification is necessary but investment into property is compulsory. The last I remembered,…
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Property Investment 101: Budget 2023 highlights for property
Property Investment 101: Budget 2023 highlights for property Let’s run through the Budget which was unveiled by PM Anwar Ibrahim recently. Source: theedgeprop.my (click here to read the full article) Houses for the rakyat In line with that, there was a list of allocations for affordable housing programmes: 1. RM389.5 million to build People’s Housing…
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People’s Housing Projects (PPR) should be for rent and not for sale
People’s Housing Projects (PPR) is built to provide homes to Malaysians who could not afford their own home as yet. Thus, all these PPR homes must be for the benefit of poor Malaysians and not to enrich anyone who managed to get a unit and is then sub-letting the unit out to foreigners and gaining…
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Property Investment 101: 10 tips on choosing a good tenant
Before I start, I need to remind everyone again that there is really such a thing as “Law of Attraction.” Somehow, we always seem to attract many people who’s just like us. Our friends… our colleagues… our tenants… They are like us! Be good to people, usually they will be good to us too. I…
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MRT Putrajaya Line fully opens in 3 days
MRT Putrajaya Line fully opens TODAY. Okay, depending on when you read this article, it starts at 3pm yeah. Yes, this article is scheduled to go out on 16th of March. 🙂 Happy milestone yeah.
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Personal Finance 101: Cost of living includes electricity too!
I usually sleep with my 8-year old son who says he will sleep on his own when we move to our new home maybe towards end of this year. One day he may not want me to be so close to him but since he needs me now, I better be close to him. Haha.…
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EPF members with less funds than poverty level
When I started working, there was one particular month which due to an unforeseen circumstance, I had just RM20 and it was 5 days till salary day. I was already a working adult and thus did not want to ask my parents for money. Those 5 days were tough because I needed to go to…
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Personal Finance 101: Why do banks offer moratorium?
Personal Finance 101: Why do banks offer moratorium? Moratorium was first offered during the Covid-19 lockdowns In 2020, Bank Negara Malaysia announced a 6 months AUTOMATIC moratorium to all bank loans — except for credit card balances. Article in nst.com.my here. In 2021, another round of 6 months moratorium was offered to all individuals, microenterprises…
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Property prices falling everywhere.
Malaysia property market is a small one. Ours is also not so advanced. People still think anywhere above 20km away from the city centre as VERY FAR. Haha. I always encourage everyone to take a look at the suburbs in some advanced countries to understand that even 50km is not considered as ‘impossible’ and meanwhile…
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Melaka International Cruise Terminal may be back!
My wife told me she wants to go on a cruise. I checked just before Covid-19 arrived. The price was okay. The choices were aplenty. Recently, I checked and realised that the choices are not many, prices are high and Malaysia is really not popular for people to go on a cruise. Many times, we…