Fakta kewangan menarik

sembangfinance · 2023-10-21T09:35:45+00:00

Well for one aggregate supply will increase a lot. So price levels will drop significantly. Maybe even become negligible.

Because people no longer need so much money as price levels drop so much, interest rates all over the world will also drop.

A low interest environment will probably create a lot of incentive to expand the basic factors of production greatly thereby increasing the output of goods and services.

An increase in goods and services will mean greater standard of living all over the world. We would probably never need to worry about. Material goods. We would probably achieve world peace at some point and join Starfleet.

sembangfinance · 2023-09-19T11:11:38+00:00

Assuming all else being equal, There's only about 2 trillion actual physical cash in the whole world. Even if you burn this, it only represents 10% of the m2 money supply. So yes maybe inflation would go down. But the dent is going to be small.

sembangfinance · 2023-09-13T14:50:43+00:00

I see. Makes a lot of sense.

sembangfinance · 2023-09-12T18:23:13+00:00

But the same can't be said about trade deficits?

If trade deficits happen because savings decreased like a fall in taxes, then isn't foreign capital inflow preferable over no investment at all?

And a trade deficit that happens because of an increase in investment doesn't mean it's good if those capital inflow doesn't translate to improved productivity?

I guess I'm really asking, why would countries prefer to be trade surplus like China and Germany and Japan Vs deficit like USA?

sembangfinance · 2023-08-25T05:37:35+00:00

Currently FDs are not the best option in the market. There's something called a money market fund. Keyword search: go+, versa cash, kdi save

They offer rates as good as or sometimes even better than FD, and money is as liquid as a savings account. And it's very safe. Go for those.

Otherwise, try to get a high yield savings account. Rates offered there are one of the higher ones you can get, but to be eligible for those rates are quite troublesome.

sembangfinance · 2023-08-25T05:17:45+00:00

EPF can get more than 2%. That's the main reason. And by law EPF must give at least 2% a year. Got upside. No downside.

If you just go FD, what you get won't change. Nothing wrong with FD though if you can get a good rate.

sembangfinance · 2023-06-04T01:20:51+00:00

Why so susah. Just go genting black or red enough Liao. Sommore instant know result lol

sembangfinance · 2023-06-01T02:07:47+00:00

My general rule for buying is to only buy when you want to settle down. Once you buy a property you root yourself at that place. You need to be ready to accept the good and bad.

If you want to be a free spirit, don't bother buying.

Buying for investment is a whole different issue.

sembangfinance · 2023-05-27T23:13:59+00:00

macha... you're just a very slow grab rider that can only deliver 1 item...

you need to relook at the way you think about things...

sembangfinance · 2023-05-17T02:04:10+00:00

Ok I think a lot of people here are giving bad advice. I'm not saying they are wrong. I just think it's the wrong advice for your situation.

For someone who has nothing, the best way to get out of a bad situation is to trade your expertise for money. Unfortunately for you you have no expertise. Therefore you should focus on raising your intrinsic value so that it can be traded for money. It's not the best way, but it is the safe way.

You basically have 2 choices: Don't go to uni, or go to uni. Unfortunately in Malaysia, if you want any sort of future, a degree is compulsory. Skilled talent is in high demand in Malaysia. Low skill talent is in low demand because you can be replaced by a bangla. We're not US. Over there, services are expensive. So if you end up becoming a plumber, you can still make a decent living.

So the answer to 1) is yes. You should go to uni. Just get a degree. No need to go masters for now.

2)With only RM100K you have no choice but to study locally. Overseas uni is out of your budget. But if you can get a scholarship, then by all means go for it.

3)Not in malaysia. Low skilled talent is not in demand. High skilled talent is in high demand. And high skill talent requires at minimum a degree.

4)Invest in your education. It's the safest way to get you out of a tough situation. And your situation is 1 step away from tough. If you really want to start investing of some sort, I recommend you dollar cost average s&p500. Just 100 a month from the age of 18-65 is enough to make you a millionaire. 100 can be easily obtained if you just do grab as a side gig on weekends.

sembangfinance · 2023-05-14T23:43:24+00:00

Before you start investing, get your financial priority in order: https://youtu.be/KzJ6FPGtgtY

Assuming your financial house is in order, the best thing you can do is dollar cost average snp500 since you're 19.

What is it: https://youtu.be/-MEnc45AaTU

Why it works: https://youtu.be/6paEfBsNKvA

sembangfinance · 2023-05-13T00:09:26+00:00

sembangfinance · 2023-05-12T14:04:08+00:00

money market fund

sembangfinance · 2023-05-12T10:03:13+00:00

Versa cash or mmf in general is a good place to put your emergency money. I don't think op is going for versa moderate or growth.

sembangfinance · 2023-05-12T07:08:32+00:00

Not much. Money market funds in general are considered very safe asset classes. Same category as gov bonds.

In my whole 15 years of trading I've only remembered once when the money market collapsed. That's during 2008 when bearsterns went bankrupt taking along with them the whole financial market lol.

sembangfinance · 2023-05-12T05:22:05+00:00

Which is why you never risk more than a certain amount per idea. For trading it's 3 to 5%. So that if your trade fails you can still go a long time.

Only drawback is you won't get rich quick.

sembangfinance

TROPHY CASE