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...
I have read an interesting article regarding Malaysian investors are not very smart. There are other similar kind of surveys and articles that seem to show that Malaysians especially the Gen Y-ers are shying away from equities investment and prefer to hold cash than any other investment assets. Below are the whole article taken from Free Malaysia Today - Our Investors Are Not Very Smart, by Scott Ng.
Only 2% of Malaysian investors are able to answer survey questions.
PETALING JAYA: Malaysian investors are not as smart as they think they are. A survey has painted a dismal picture, saying our investors lack financial literacy.
The survey found that out of all the Malaysian participants in the survey, only 2% were capable of answering the five questions posed to them in the survey. This is in comparison with Singapore’s 20% and an 11% overall for all participants.
The latest Manulife Investor Sentiment Index in Asia (Manulife ISI) is based on 3,500 interviews across seven Asian markets.
It was also found that despite their inability to answer the survey questions, Malaysian investors displayed overconfidence in their financial literacy, with one in five rating themselves as “highly literate” when surveyed.
The report found that Malaysian investors also seldom review their portfolios and invest less frequently than their peers in the Asian region. This could be due to the fact that only 8% of investors engaged the services of financial planners, whereas the Asian average is 25%.
It was also reported that Malaysian investors rarely make use of readily available knowledge online, preferring to refer to advice from their friends and family when making investments.
The survey said Malaysian investors are also very attached to cash.
Overall, the single biggest asset holding for Asian investors is cash, amounting to an average of 52% in Malaysia, the highest in the region.
Though the survey indicates Malaysian respondents are holding idle cash, nearly half of the respondents said they did not hold enough cash. Only two per cent said their cash holdings were too big.
Malaysian investors also feel that bank deposits are safer than other options. This is also cited by respondents in Japan and China.
More information from the survey:-
Link 1
Link 2
Only 2% of Malaysian investors are able to answer survey questions.
PETALING JAYA: Malaysian investors are not as smart as they think they are. A survey has painted a dismal picture, saying our investors lack financial literacy.
The survey found that out of all the Malaysian participants in the survey, only 2% were capable of answering the five questions posed to them in the survey. This is in comparison with Singapore’s 20% and an 11% overall for all participants.
The latest Manulife Investor Sentiment Index in Asia (Manulife ISI) is based on 3,500 interviews across seven Asian markets.
It was also found that despite their inability to answer the survey questions, Malaysian investors displayed overconfidence in their financial literacy, with one in five rating themselves as “highly literate” when surveyed.
The report found that Malaysian investors also seldom review their portfolios and invest less frequently than their peers in the Asian region. This could be due to the fact that only 8% of investors engaged the services of financial planners, whereas the Asian average is 25%.
It was also reported that Malaysian investors rarely make use of readily available knowledge online, preferring to refer to advice from their friends and family when making investments.
The survey said Malaysian investors are also very attached to cash.
Overall, the single biggest asset holding for Asian investors is cash, amounting to an average of 52% in Malaysia, the highest in the region.
Though the survey indicates Malaysian respondents are holding idle cash, nearly half of the respondents said they did not hold enough cash. Only two per cent said their cash holdings were too big.
Malaysian investors also feel that bank deposits are safer than other options. This is also cited by respondents in Japan and China.
More information from the survey:-
Link 1
Link 2
Good Day !!!!!
ReplyDeleteI am Hwa Jurong, a Reputable, Legitimate & an accredited money
Lender. I loan money out to individuals in need of financial assistance.
Do you have a bad credit or are you in need of money to pay bills?
i want to use this medium to inform you that i render reliable beneficiary
assistance as I'll be glad to offer you a loan at 2% interest rate to
reliable individuals.
Services Rendered include:
*Refinance
*Home Improvement
*Inventor Loans
*Auto Loans
*Debt Consolidation
*Horse Loans
*Line of Credit
*Second Mortgage
*Business Loans
*Personal Loans
*International Loans.
Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social
security and no credit check, 100% Guaranteed!) I Look forward permitting me to
be of service to you. You can contact me via e-mail: hwa_jurong@yahoo.com.sg
Yours Sincerely,
Hwa Jurong(MD).
Hello everyone am here to testify how i got my loan from Mr Akisu. after i applied several times from various loan lenders who claimed to also testify right in this forum,i thought the testimonies where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan.Until a friend of mine introduce me to Mr Akisu. who promised to help me and indeed he did as he promised without any form of delay.I never thought there are still reliable loan lenders until i met Mr.Akisu,who are indeed helped with the loan and changed my belief.I don't know if you are in any way in need of a genuine and urgent loan,free feel to contact Mr.Akisu via his email{Akisuloancompany@gmail.com} Thank you may God bless you
ReplyDeleteFAST LOAN OFFERS ONLINE AT SANDRA DOANLD LOAN COMPANY. Sandra Donald Loan Company is the leading provider of loan Worldwide, No matter what your financial condition, we can help get your very own cash.
ReplyDeleteWe provide loan for:
*Debt consolidation
*Home improvement
*Unsecured loans
*Loans for bad credit
*Business loan
*Personal loan
*Student loan
*Auto loan
*Reduce your Credit Card Debt
*Real Estate and Mortgages at 2% interest rate. Our online loan offers is fast and
easy to apply. It is 100% Guaranteed and safe.
Do contact us now for more details at sandradonaldloancompany@gmail.com . Thank you