Category: Retirement Related
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Spending unnecessarily is the real concern
I have forgotten how long have Malaysians been in a negative mood. From high household debts vs GDP for the past many years, to the GST beginnign last year and even the never ending retrenchment news with the latest being that of a giant MNC in Malaysia, Intel Technologies. Well, slightly earlier, there were many…
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Malaysians’ overseas preference: Australia, Singapore,Indonesia and the UK
If I am forced to choose a country to migrate to, my choice would be the UK and not Australia. There are multiple reasons but let’s just put it as personal preference. According to a survey by PropertyGuru reported by Bernama, in terms of Malaysians thinking about investing in overseas properties, their preference would be…
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Malaysians have the most debt? Well, proportionately YES.
According to the latest Manulife Investor Sentiment Index (MISI) which was published in many medias across the region, Malaysian investors rank the highest in Asia in terms of indebtedness. 68 percent of Malaysians currently have debts. This is the HIGHEST PROPORTION of all the eight markets surveyed in Asia. Please note that highest proportion and…
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Let’s ACE our 2016, shall we?
I have been a Toastmasters for many years. Thus, I developed a style of writing which will help me in my presentations. It’s easier to remember. Well, today, I will be writing an article which will enable majority to remember the points for 2016 or even beyond. It basically sums up what we should do…
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It’s impossible to keep up with the richest
Richest will be richer, poorer ones may be poor for a long time unless something substantial happen. I have accepted this fact long time ago. There’s no way that I would be richer than my CEOs (all the three organizations I have worked for and still working) or in fact majority of those people who…
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Oh no, 15% over 60 by 2035
Remember this earlier article about Malaysia becoming an ageing nation? Read here: Malaysia – Ageing population – Stats and steps It’s always good to prepare ahead even if this ageing population statistics do not include me yet. According to local media report, Malaysia is expected to have 15% of its population aged 60 or older…
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Save one-third to have two-third when we retire
In an article in The Star recently, Datuk Steve Ong, the CEO of Private Pension Administrator (PPA) Malaysia said that everyone should set aside another 10 percent of one’s salary on top of the 23 percent that is being deducted automatically from one’s salary into their EPF accounts. By doing this, a retiree should have…
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Asia Property Market Sentiment Survey: 2018 peak again
A potential peak into the future? According to iProperty.com iProperty.com Asia Property Market Sentiment Survey (H2) 2015, buyers are more interested to buy only one or two years onwards. This meant that recovery in property transaction numbers would perhaps start in 2016 and may peak again in 2018. The survey polled over 15,000 respondents and 43%…
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Honestly, what is job security today?
Malaysia’s unemployment rate is still low compared to many countries. However, there has been many news about banks reducing their workforce, manufacturing plants moving to China and even some shutting down altogether. This brings us to the topic of job security. Honestly, what is job security in today’s world? Is it working for one company…
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Yes, I agree with David Beckham’s retirement views
I am not a Manchester United supporter. Don’t laugh. I have been a West Ham supporter for at least 15 years, ever since my first job. Well, a famous former Manchester United player, David Beckham said that the best thing about retirement is getting to spend quality time with his family. This was in an…
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Any investment is a good “business”; diligence needed
To me, any investment is a good ‘business.’ It includes even investing on new knowledge or qualifications. Over 10 years ago, I completed my MBA which did not really gave me any sudden promotions. However, it has given me many benefits, both direct and indirect that I would always encourage anyone looking to upgrade to…
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Expert Series: That SERIOUS matter about your retirement
I always think no matter how much we may earn, relying on just saving as much as we can every month is no longer enough today. Definitely not in the future when we retire. In a recent article, it was revealed that 42 percent of retirees have zero savings! I think it’s time we take our…