myLIFEinvest

Continue from Part 2: Part 2: Working in Public or Private Sector; Security and More Saving? Assalamualaikum w.b.t., Ha! Ha! Ha! Quite some time I did not visit and update this blog... I feel like alien to this page now... Too busy to finish project task.  It is normal when you work for a private sectors. Some people says working like hell! Others says it is not your company why work so hard?? Working day and night and many times working at the weekend is normal for me. I have children to feed, school and other liabilities to pay so need to work harder to make sure still working. Sometimes you don't have option. What ever we do, should always  remember Allah s.w.t. Work is also a part of "ibadah". Working so hard sometimes will cause stress and sick. When suffering sickness like now, I'm start thinking of how lucky you are as employee of a company or government department. But do you know how far your company support you when you at dawn health condition? N

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

Assalamualaikum w.b.t., Below is the list of available Malaysia Gold Investment Account. Please check and consult trusted mufti/ulamak yourself for syariah compliance before do your investment. Many "ulau dalam semak" now, give "fatwa" for $$$. Rumour spreads again that gold and silver will ride big bull soon. How soon? I also don't know... Perhaps before 21Dec2012... Ha!x5... Mayan Conspiracy theory again.. The date is also my son's birth date... Ok-ok, I believe now... Anything can happen... It is happen once it's happen.. Our victory will happen once total change of federal ruler... Doubt to change? Then should make a change... Article from: http://www.horlic.com/comparison-between-5-gold-investment-accounts-cimb-vs-kfh-vs-mbb-vs-pbb-vs-uob-%E2%80%93-choose-the-best/ How to choose the best gold investment account that suits you the most? Let’s do some comparison: CIMB Bank Gold Deposit Account (GDA) Kuwait Finance House KFH Gold Accoun

Assalamualaikum w.b.t., Salam Ramadhan and "Selamat Berpuasa".. Quite hard to write now.... time really jealous at this age... Now left around +/- 11 days to go to raise our investment for next journey. We have to accumulate more and more since this opportunity might won't come again, similar as well we should vote for change in GE13 to prepare for our future life or at least for our growing children. So we shouldn't be classified  as a bankrupt person in our future life. For future journey, we still have time to invest to get 1000x month of profit. HUNT for "LAILATUL QADAR". Now we at "lailatul qadar" period of time. Lets hunt, in this last 10 days. We don't know what day is odd or even since 1 Ramadhan starts differently from country to country. Refer to the image below form rumputt.net . Please remember  the day in Islam starts at sunset of previous days. So the night of 21 Ramadhan is tonight 9 Ogos. So lets multiple our effort now

Assalamualaikum w.b.t., Many news claiming crime rates drop. Do you believe? Do you feel safe? And then, for what reason school children will be allow to bring mobile phone for safety monitoring? Lets view some claim by news.. Pemandu: Crime index down by 10.1% from January to May KUALA LUMPUR: Malaysia's crime index fell by 10.1% between January and May this year, Pemandu said on Thursday. According to figures released by Pemandu's Reducing Crime NKRA director Eugene Teh , there were 63,221 cases between January and May this year compared to 70,343 cases recorded in the corresponding period last year. “The NKRA's focus on bringing down the crime rate in the last three years has achieved big wins yearly since we first began the Government Transformation Programme and the trend seems to be continuing,” he said. Crime rates are dropping, but why are we so scared? Pemandu's ‘fear of crime' study not meaningful, not stratified geographically and

Assalamualaikum w.b.t., I did mention before the reason for retirement  age raised from 55 to 60 years.... Positively it is about manipulating retirement fund mostly from private sector... Gomen money already in the pocket and now to tunnel hard earn saving from private sector worker to XXX pocket..  In return, depositor will be distribute around/less 6% profit from fund investment. But what was the inflation rate then? What can you buy with RM10 now? What will RM10 + 6% yearly growth until 60 years of age? How to consider goods price yearly rising crazyly and  so called subsidy to be drawn back. And what do rakyat get from this gomen? Happy living style? After paying high income tax what do we really get? Free fair high class education? Free healthcare? Low crime index? Security in our jobs? or Whattt???? So far, what I saw "many-many" of us paying for nothing... "Many-many" of us need to send our child to private school, paying for high fees of medical treat

Assalamualaikum w.b.t. TAX!!!  In GORILLA RULER COUNTRY.... Lend your money to relatives will end up with tax charges to you??? Everything being justified for rakyat????  This what they mean??? Leaches the blood sucker.... I believe we truely need an urgent change... If not we and the country will suffer until a  last pine of our own blood... Lets change in next GE. It is justified then if a Khatib pray for the justice http://bm.harakahdaily.net/index.php/berita-utama/11268-saya-doa-jatuhkan-pemimpin-zalim-khatib ... ----- Thestar: Wednesday June 27, 2012 New tax rules create a quandary for lending to family members Comment by Kang Beng Hoe CHARGING below market interest gets you in trouble with the taxman or the law against money-lending. “Neither a borrower nor a lender be”. This advice by Polonius, the King's adviser to his son in Shakespeare's Hamlet remains good advice today. But good advice, it is said, is least heeded when most needed. Lending mo