MONEY MASTER

As the Bank Negara Malaysa (BNM), the Malaysia Central Bank trying to tighten the borrowing rule, I’ve been read­ing a lot of arti­cles lately about ways to get out of debt, and I’m not impressed at most of the articles that I've read. It's not that the articles are bad, I just don't really agree with most of the articles. I know that most of the articles will advice on repaying debt as soon as possible and have more savings and stuff like that, which I don't really agree as we are not optimizing the money well enough. Having said so, I don't really mean that we should go and buy lots of stuff and then finally go into bankruptcy. In my opinion, one should really have the balance between debt and cash, in order to fully optimized the money to improve the lifestyle. In fact, a lot of affluent people have certain level of debts that they are comfortable with. To begin with, there are two kinds of debt, often called “good” debt and “bad” debt. Good debt is the ...

Tibet and Nepal trade culture between the Buddhism and Hinduism and are home to many unique instruments of meditation and relaxation. However, it is not easy to get or collect these unique instruments of meditation and relaxation especially from these two nations; but Silver Sky Imports provided the services that one would easily love it because by using the service from Silver Sky Imports, one can buy these instruments of mediation and relaxation directly from the web, without having the need to fly over to Tibet and Nepal and still risk disappointment of not getting what he or she wants.

Apple Inc. (AAPL) unveiled two new iPhones, including a cheaper $99 version in bright colors and an updated high-end device, in a strategy shift by Chief Executive Officer Tim Cook to reach a broader range of customers around the world.  AIMING AT BROADER MARKET? The product introductions underline how Apple, which was a trailblazer when it debuted the iPhone in 2007, is increasingly following the strategy of other smartphone makers that offer handsets in different colors and prices. Until now, Apple only released one new iPhone model every year. As competing devices running Google Inc.’s Android software gain in popularity in the $280 billion smartphone market, Apple is expanding its iPhone lineup to reach more customers. Well, if you think the announcement could help Apple's stock rebound, think again....apparently, according to analysts, there is lack of excitement and surprises of the announcement, given that most of the information has already been leaked...

I guess every Malaysians should already know by now that the petrol price will go up by 20 cents, two days after the whole nation celebrated a subdue Independence Day. Malaysian celebrated the country's 56th Independence Day on the 31st August this year and the announcement of the petrol price hike by 20 cents was made by the Prime Minister on the 2nd of the September. While the subdue Independence Day celebration clearly shows that the government is running out of fund, not many of us would have imagine that the government would increase the price of the RON95 petrol by 20 cents, and clearly this move brought criticism from almost every one. And while it is hard to swallow, everyone will have to accept the fact that the petrol price will go up by 10% no matter what. There is an economic story behind the hike, although the "hike of the petrol price" should be more referred to as the reduction of the petrol subsidy - because that is actually part of the subsidy rat...

If you are following, the Malaysian Prime Minister, Datuk Seri Najib Tun Razak has announced the increase of petrol price.  Price for RON95 petrol and diesel will be raised by 20 sen per liter from midnight. While 20 sen probably doesn't send an alarming response, an increase of 10% in the petrol should be alarming.  The move is aimed at reducing the fiscal deficit, thus saving RM1.1bil per year for the Government, said Prime Minister Datuk Seri Najib Tun Razak. Najib said despite the increase, the government would still be subsidising 63 sen for RON 95 petrol. "The subsidy rationalisation will be carried out in many stages. The first is that the price of RON95 and diesel will be increased by 20 sen per litre from 12.01am Tuesday," Najib told a press conference after chairing a meeting of the Fiscal Policy Committee (FPC) on Monday. There have been talk of ways the government would do to help the lower income group in Malaysia but all of that ...