In my last blog we talked about the two most important financial percentages which guide us in making financial decisions.This blog will discuss some practical applications and also to highlight some considerations when making those decisions.I have received a call from my XXX bank officer offering me a 5% personal loan. Should I take it … Continue reading The two most important financial percentages – examples
There are 2 financial percentages everyone should learn about. One of them is "Interest Rate" and the other is "Return on Investment (ROI)". Both are usually given in percentages e.g. 1.5%, 4%, 12%, etc. However, most people do not know what these % means and how it is calculated. "Interest Rate" is referring to the … Continue reading The two most important financial percentages
Recently we've been discussing at a company level - How to describe what we do? One of the common answers is that: "We give our clients a peace of mind concerning financial matters." First of all, why do we not say, "we advise clients on financial matters?" Essentially, the word 'finance' + 'advise' put together, … Continue reading What do Financial Advisors do?
The Talk A few days ago, I've a chit-chat with a friend where it goes like this: Friend:"Eh, why did the market drop so suddenly ah?" Me:"Because of the 'Trump Turmoil' lor, the market fell out of love with Trump, FBI investigate him for Russian connections, he failed to replace Obamacare, etc. etc." Friend:" Why ah? Why … Continue reading Capturing Upsides
There was a guy on radio this week talking about the financial literacy gap of Malaysians. While I agree with him that children should be educated on the subject, I think that adults can learn financial stuff too to make up for the missing classes in school last time, so here's a brief history of investing: … Continue reading A Brief History of Investing
I've mentioned before that War is the Art of bringing more weapons to a battle than your opponent. To me, Sun Tzu's The Art of War discussions on military strategies, tactics, battlefield arrangements and spying is all about maximising one's weapons in a conflict while restricting your opponent's capability to bring his weapons to the battle. … Continue reading Sun Tzu and the Art of Personal Finance Part II
Recently I've been playing this game called Panzer Corps. It is an Operational level war game, as opposed to a Tactical level war game. The difference is that at the Tactical level, you cannot decide what troops to bring into battle, what you have is already there and you can only use what you have to try and … Continue reading Sun Tzu and the Art of Personal Finance Part I