The fact is, you can terminate the financing anytime. But, things that you can do didn’t necessarily mean you have to do. This because, according to Rule of 72, your savings was actually doubled in 14 years with assumption of consistent returns at 5.25% per annum.
(more…)Tag: personal finance
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Why credit card payment option is better than By Now Pay Later providers
If you are a merchant, you will come to a moment that you need to provide more payment method for your customers. Some customer will ask you to pay with credit card and some prefer to use Buy Now Pay Later service.
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What to look for when looking at the cheapest medical coverage
If you are shopping around for Medical Takaful, chances you will found that some plans are really cheap. Some are relatively expensive. Aside from the Room & Board, Cashless Admission, and Annual Limit, this factor should be taken into consideration too.
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Jika dividen ASB berkadar 5.4% pada tahun 2024, ini pulangan yang akan diperoleh
Dengan andaian anda membuat pembiayaan Amanah Saham Bumiputera (ASB) sebanyak RM 200,000 dengan bayaran komitmen bulanan sebanyak RM 988, anda akan memperoleh pulangan bersih sebanyak RM 2,375. Sekiranya anda melabur dengan ASB tanpa menggunakan pembiayaan, pulangan bersih yang akan diterima ialah RM 350.
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Tidak membuat keputusan adalah membuat keputusan untuk tidak berubah.
Allah berfirman dalam Ayat 11 Surah Ar-Ra’d yang bermaksud: Sesungguhnya Allah tidak mengubah apa yang ada pada sesuatu kaum sehingga mereka mengubah apa yang ada pada diri mereka sendiri.
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The larger the savings you have, the lesser you need to save
Having a saving of RM 1,000 at 5.5% distribution rate will require you to topup additional RM 945 for the amount to become RM 2,000. However, if you have saving of RM 9,000 with the assumption of ceteris paribus, you will only need to topup RM 505 to have a total of RM 10k.
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Interested in buying a company shares? Chances you don’t have to
If you are someone who eager to invest and make a quick buck, you will have a moment where you feel confident to buy a company that a publicly listed in Bursa Malaysia. However, fear not, you actually don’t have to buy those shares.
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How to determine if you should surrender your ASB Financing
Simple. Check how much you are being charged for profit. Then, compare it with total dividend you received. That’s all.
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What stock to buy in 2024?
You are looking to make some money by investing in stock market? Forget it. Here is why you should look for alternative.
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