myLIFEinvest

I'm  wondering and "worrying".....  My p arents always remind me, don't spend when you don't ha ve money... Thestar: Thursday October 18, 2012 Household sector emerges main debtor of local economy By DANIEL KHOO danielkhoo@thestar.com.my Prof Mansur says of the total lending to households, more than 30% goes to the property market financing and car loans. KUALA LUMPUR: The household sector is exposed to inherent risks in the local financial system as it is the main debtor of the local economy with a household debt to gross-domestic-product ratio of more than 70%, said a professor of finance and econometrics. Prof Dr Mansor Ibrahim of the International Centre for Education in Islamic Finance said the main concern in the country's economy was household debts. “Before the Asian crisis, more than 60% of lending went to corporations while after the crisis about 40% (of loans) went to corp

Assalamualaikum w.b.t., How much do now Malaysia JAMES BOND? Lets see what bond means and "DEFLATION" all about... case story "UNCLE SAM"...

Today  I get few interesting figures.... How correct, correct, correct the figures are I don't know... Please check and confirm yourself.... and don't be caught by AES cameraman... it is not a free flash... flashing means pay...  Ha!x555... 1Funny boleh land... it is easy to make money from so called "rakyat" sweat... and the worst blood bussiness... How much can you earn when you keep or invest your hard earn money in pilgrim fund? 6%?? How much is the bonus for tabung haji employee?? I also don't know... Ha!x5... I dreams my pilgrim fund grow at least 30% yearly but, your dreaming only maaannn,  but... the below shows bonus can be as high as 1000% in tabung haji with extra dividend of  570% . Do you believe... Aaaaaa...! Nop!... hard to believe.... See below... Okey one more question? Which position in the below salary scheme with super +++ additional allowance that not accounted in their payslip, paying the highest TAXXXX.....???

Assalamualaikum w.b.t., Part 1: Let see how fair is our TAXXX between Private & Public Sector Continue in Part 2. As discussed in Part 1, the same level of earning between Private and Public sector shows that those who works in Private sector have to pay higher tax in exponential magnitude compare to their counterpart in Public/Government Sector. Long time ago basically there is a significant different in salary figure between these two sectors, where Private Sectors being paid with higher salary due to work load, working longer hours and stress full torture environment compare to government sectors. Due to salary different quite significant, the policy maker create in such allowance with tax release for government sectors that equivalent of half income. Therefore, income is equivalent of salary plus allowance. But those in private sectors, allowance still taxable. Continuous fight by CUEPACS and Political "Pembangkang" to uplift the quality of government secto

Many of us in private sectors working hard to keep our employment by  working over the  time without additional payment.  Some of us later doing other jobs on the weekend or after working time, looking for extra income to  cover shortages. Why this happen? Can we explain whats are  happening? We was told that our national economy is stable and "RAKYAT" live happily. So called subsidy being given, do they? Why "RAKYAT" very concern about extra income now? Why many so called tax payer in middle income group suffering with shortages of fund for living? Do they really not a good  financial planner as what was discussed in below article or  they stuck in higher expenses due to their range of income make them not beneficial anything from so called budget for rakyat. Some point  that we need to see in depth: i) High tax and unfair tax for middle group of income ii) High Children tuition fee for nursery, enrichment class and etc due to lack of knowl

Assalamualaikum w.b.t., Budget 2013 just tabled by PieeM. And it is said that for those tax fall below 24% will be reduce for 1%. Let say our tax fall under 19%  (RM70K level) and 12% (RM45K level) then we will get 1% reduction. Correct me if I am wrong. Many people did contact me especially young graduates to get advice the best place to work. Ha!x5, I'm not the financial adviser and also work for government human resource department (HRD). Even I think, we don't need those two department because we have very prudent smart national financial controller and human resource planner, namely PieeeeM and TrrrrPieeeM. What ever "lah"... Please correct me if my simulation below is wrong ... errr..eee. errrr...  My promise to compare both tax and will guide... oppsss sorry, will share my opinion where is the best sector to work  from what I see and what I heard and what I had experienced... Part 1: Income Tax Point of View I did some calculation to show about the ta