myLIFEinvest

What do you feel when ringgit value drop over USD? What will the situation effect you? Don't have idea? Then lets wait, will petrol or flour can be maintained at the current price? List your self do your basic requirement things/goods will sustained at the price? If not treat like share trading. Purchase at low price. If you borrow money from foreigner, what currency will you use for the exchange? Yes, bingo USD. So our country James Bond in USD. So we are losing in our exchange. Bloomberg: Ringgit Heads for Fourth Monthly Drop on Current-Account Concern By Liau Y-Sing - Aug 30, 2013 10:30 AM : GMT+0800               Malaysia ’s ringgit headed for its fourth monthly drop as the nation’s deteriorating current-account position spurred concern among investors preparing for the Federal Reserve to taper stimulus. Government bonds rose. The currency touched a three...

Lets celebrate.. At least 1% per year electricity tariff will rise due to sustainability energy subsidy. And how much will tariff rise when gas subsidy to IPP is taken back? Don't surprise, it will be the best ever present for us from our beloved elected government. Refer to the link below. Now, budget 2014 in drafting??? Are you sure??? Or its already ready... However, those who work with private sector, you should ask for your right in budget 2014. You will be the most affected with 2014 budget. You should think and request in 2014 budget: 1) A balance tax scheme and you should get what government worker have. Government worker their taxable income is around half from their total income. Why shouldn't you get the same? 2) Loan, as example to make a personal loan you have to pay higher interest rate around 7.95-9.5% but your counterpart in government just only 3.5-4.00%. The unreasonable higher interest rate also goes to mortgage and hire purchase. 3) Should ...

The pending adjustment will realize soon. So your choice before PRU, now yours. ------ The star: Published: Wednesday April 24, 2013 MYT 12:00:00 AM Updated: Friday April 26, 2013 MYT 12:39:24 AM New tariff for water being planned By WONG WEI-SHEN KUALA LUMPUR: The National Water Services Commission (SPAN) is in the process of drawing up a new water tariff. Its chief executive officer Datuk Teo Yen Hua said that the commission would take about six months to a year to put the new tariff in place. “The new water tariff would be more transparent and structured, and will be tied up with the key performance indicators put in place by SPAN. “We need to have a very structured tariff mechanism so that we know what the costs are, and if those costs are efficient. Looking at the long term, we know there is a need for us to ensure that we put in enough investment to replace all the old pipes, which is a problem that all states are facing,” Teo said at a press briefin...

No one can say anything anymore. We vote then lets ride boat. This is what we call the power of power. From people to people. The Star: Business Published: Friday July 19, 2013 MYT 12:00:00 AM Updated: Friday July 19, 2013 MYT 8:27:49 AM Power tariff review up to Govt By DANIEL KHOO danielkhoo@thestar.com.my Azman (left), Moggie and CFO Fazlur Rahman (right) at the announcement of TNB’s third quarter financial results. KUALA LUMPUR: The review in electricity tariffs “is likely to happen” sooner or later as it is difficult to sustain subsidies at present levels, according to Tenaga Nasional Bhd (TNB) chairman Tan Sri Leo Moggie said. However, he said any decision for a reviewwould be decided by the Government and not TNB. “Yes, there is a prospect of a review on the tariffs because the reduction of subsidies over a period of time is likely to happen,” Moggie said. “This is why it is important from the point of view of the producer and...

Reported inflation rate 2% with many good not include in CPI. Do actual inflation rate is as reported in below article,  6% is the correct one??? You know the best. If you always go to Pasar (market), then you can realize how the prize of wet groceries increase day by day and the quality also poor.   ---- From: The STAR Published: Saturday August 17, 2013 MYT 12:00:00 AM Updated: Saturday August 17, 2013 MYT 12:44:48 PM To invest or not to Invest? MONEY & YOU YAP MING HUI Warren Buffett's No. 1 rule in investing is 'Never lose your money.' - AFP Email Facebook 8 YOU want to grow your money, but are worried that you may lose what you have worked so hard to earn? If so, you have lots of company in this Catch-22 situation. Most of us realise that if we don’t invest our money, it will continue to lose its value and we will ultimately fail to m...