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Showing posts from November, 2013

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Russia Holds Key Rate at 21% Amid Surging Inflation

The Bank of Russia unexpectedly maintained its key interest rate at a record-high  21% , defying analysts’ expectations of another significant hike as inflation remains stubbornly elevated. The decision marks a shift toward a more measured approach in balancing economic growth and price stability. Key Details Inflation Concerns: Annual inflation climbed to  8.9%  in November, well above the central bank’s  4% target , with inflation expectations reaching  13.9%  in December. Policy Rationale: The central bank cited the significant tightening of monetary conditions after October’s  200-basis point hike  as sufficient to resume disinflationary processes. Governor Elvira Nabiullina emphasized avoiding both economic overheating and severe slowdowns. Economic Overheating: Elevated government spending on the war in Ukraine and social programs, coupled with labor shortages and rising wages, have fueled strong domestic demand, exacerbating price pressures...
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10 Simple & Realistic Way to SAVE MONEY

Whether you are one of those who are struggling with monthly bills like myself or a debt-free Malaysian, here are 10 simple & realistic ways to help you SAVE MONEY.  1) GOODBYE TO YOUR TV SUBSCRIPTION We know that many of you have Astro at home, and it really help you to feel so much more convenient but maybe it's time to say goodbye to your TV subscription.  GOODBYE TO TV! Instead of making Ananda Krishnan (2nd richest in South East Asia, estimated wealth of US$11.7 billion) even richer, it is time to consider saving a little bit more for yourself. Most of the favourite tv series and movies could be watched online nowadays.And maybe, just maybe it's time to stay away from your TV and develop a healthier lifestyle at the same time. Thus, saying goodbye to your TV subscription is first on the list to start saving more money. This will help you save about RM120 to RM200 .
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Group or Bulk Purchase of Property?

We all know the importance of owning properties and how the Malaysian government tried to set certain rules and regulations to prevent an overpriced of the properties in the country.  Well, here's the news for those of you who do not know....the new trend: a growing number of individuals and groups organizing bulk purchases of properties from developers. Bulk buying is basically an activity that allows few or many property investors to invest in a single development as a group. Most of the time when in bulk purchase, there will be additional benefits that won't be available should these individuals invest individually.  GROUP PURCHASE OF PROPERTY Whether it's a good strategy or not, it's up to your preference but here are some of the pros and cons in group purchase of property... The Pros: Normally, when you buy in bulk, you will be given discounts and additional benefits...a simple logic deduction: A lot of developers love and encourage group ...
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