Malaysia’s Financial Blogger | imDavidLee.Com

Penang Bridge Toll And Ferry Rate

As far as I known, many penangites still do not clear about the penang bridge toll fare rates and penang ferry rates. Thus, I will share my knowledge here just in case all people can have rough idea of choosing penang bridge or ferry services when they faced the traffics jam of either one.

Penang Bridge Toll Fare Rates are as below:

Penang Port Sdn Bhd operates a fleet of 8 ferries with details as below:

Penang Ferry Rates are as below:

My Year 2008 Achievement & Year 2009 Plan

Year 2008 almost come to the end, what I had done in this year? The only thing that makes me felt proud is ability of making a lot of money from Internet. Using Internet to generate US$ and I keep on telling people that I can earn US$ even I stay in Malaysia…Haha…Sounds a bit lansi, right?

How Much I Earned From Internet ?

To be frankly for you, I started my personal blog with own domain and hosting since January of 2008. And my blog started earning money since May of 2008. My average earning is about MYR 377/month (Total Internet Income/ 12 months). However, I still not yet count advertising earning into this total Internet income.

What Is My Next Year Plan ?

My next year plan would be tougher plan for me to achieve. I plan to make and maintain US$ 100 per month; this should not be a big obstacle if based on my current blog’s potential. But, the only problem that I may encounter is hardly to attract and maintain 500 visitors per day. This is important to increase my blog’s traffic and subsequently may increase my Internet earning.

Besides that, I always do hope that I can get my Google Page Rank 3 back as I rely so much on it to get advertiser attention. This is my Internet weapon and that’s the reason I always say Google Is My Boss.

Running Internet business will be my next source of my multiple income plans. I will plan to work together with my partner to do some web application business since he has a lot of ideas and marketing skills. I have several good domains in hands and planning to sell it out to gain some profit. Meanwhile, I will keep on doing domain investment.

For my fixed salary job, I am doing something to change my career path, and looking for more competitive task to do rather than always stick to the same and cannot see the next move. I hope that this time is my most suitable job towards my future business. Although people think that it’s not a great time to make such decision during this recession but I feel that they are wrong and we should not take only this as one of the factors to determine your future goals.

What To Buy & Where To Travel During Recession ?

Read More …

Do You Think About Franchising Own Business ?

Franchise business can give individual the opportunity to start a business with an excellent chance of success at a minimum risk.

Lets take an example, McDonald, is a fast food restaurant and it becomes popular since many years ago. How does McDonald making money? By franchising, am I right?

Let’s take a very basic calculation:
One restaurant is selling 100 burgers per day and let’s assume the profit is MYR 1 per burger.
So, the retail profit is MYR 100 per day.
And assuming they have 100 branches, MYR 100 * 100 branches = MYR 10,000 per day.

Can you see the picture? It is a great idea that you are considering using franchising as a method of expanding your business.

As far as I known, Old Town and Secret Recipe are example of local franchisors so their fees are not as huge as McDonald and KFC. The cost of a franchise depends on the franchisor and the restaurant size, type and its location.

How Much Does A McDonald’s Franchise Cost ?

Read More …

My Little Knowledge On Stock Investment

Once a business is listed in a stock market, its total worth is converted to shares. Let say company A worth $1 million now and it get listed for 1 million shares, so each share is $1 each.

If you have 1 share means that you own 1 out of 1 million of Company A. When you own 51% of the shares, you officially own Company A. Haha… If the business does well next year says its worth becomes $2 million then each share is worth $2 now. Thus you have gained 100% profit from $1 to $2.

Stock Vs Mutual Fund

Read More …

Online Advertising Will Continue Growing Despite Economy Crisis

Many companies consider to increasing the online advertising because many people still believe that the Internet allows for better targeting than other types of media. The interesting point is that advertiser will spend more money on online advertising in future.

“How was Goggle earnings despite weakening economy? Net profit rose 26 per cent in the 3rd quarter from last year to 1.35 billion dollars while revenue was up 31 per cent at 5.54 billion dollars.”

Why Online Advertising More Profitable ?

We should keep in mind that advertising is to show to consumers that the company is healthy. Online advertising is a global medium and lets businesses reach global market.

It doesn’t cost very much to increase the reach of an online ad campaign. There’s no need to print additional copies of a magazine. Expanding the size of your ad campaign can be as easy as sending an email or clicking on a Web page. There’s simply nothing more powerful.

If you buy 100 ad impressions, you know that exactly 100 people will see your ad. Besides, changing economic conditions have forced many Web sites to reduce the cost of online advertising to more affordable than ever.

Online Advertising Vs Traditional Advertising

Read More …

How To Payback PTPTN Loan ?

Mostly I will choose to payback more than the original installment amount because if the borrower settles the PTPTN loan earlier, then the PTPTN loan interest charge will be reduced based on the remaining monthly balance.

Assume monthly PTPTN payment is MYR 100 and each time transaction cost is MYR 2, therefore the transaction cost is 2% (MYR 2/MYR 100). If pay half yearly on the same amount which is paying MYR 600 and transaction cost is MYR 2, therefore the transaction cost is only 0.33% (MYR 2/MYR 600). Most important is, think about the convenience…

Method of PTPTN Loan Repayment

i) Through FPX (Financial Process Exchange), you need to have an account with any bank with FPX and be registered as an Internet banking service.

ii) Through bank draft/money order, it must be crossed and made payable to PERBADANAN TABUNG PENDIDIKAN TINGGI NASIONAL. Post your payment by using an envelope to:

National Higher Education Fund Corporation
Lot G2, Ground Floor, Wisma Chase Perdana
Off Jalan Semantan, Damansara Heights
50490 Kuala Lumpur
(Attn: Receiving Unit)

*Make sure your identity card no and full name are written on the reverse side of the bank draft/money order.

iii) Through Internet banking, you must have an Internet banking account in these banks if you really want to make online payment:

iv) Through cash payment:

- PTPTN Services Counter
- Bank Islam
- CIMB
- Bank Simpanan Nasional
- POS Malaysia Berhad

Loan Repayment Through Salary Deduction Read More …