2007 November | Malaysia's Financial Blogger | Financial Freedom Ideas

KWSP Malaysia for Monthly Housing Loan Payment [ March 13th, 2010 ] | 378 views | 3 Comments

kwsp_malaysia

I heard a lot of forumer keep on discussing about this issue recently - KWSP steal citizen money! KWSP allow monthly withdrawal from EPF account 2 for the monthly housing loan repayment. But, from their discussion, some of them said that the withdrawal plan is actually a SCAM! I am sure you will feel keen to know more on this issue, right? Let me share with you what I’ve heard:

We take an assumption here:

If you have RM50,000 in your EPF account 2 and your monthly housing loan’s installment is RM1000/month. KWSP will approve your application of withdrawal from your EPF account 2 of RM50,000 and pay you RM1000/month for the next 50 months.

The only thing that KWSP did not inform us in detail is that when the application was approved, will the total amount RM50,000 is removed from EPF account 2? In the other words, it appears to be transferred to an unknown account to effect the monthly payment?

Long or short domain name ??

As u known, domain names can b of any length up to 67 chars. U don’t hav to settle for an obscure domain name like ppo.com when wat u mean is PangPuiOng.com…….

Some argue tat shorter domain names r easier to remember, easier to type n less mistakes - for eg, “getit.com” is easier to remember and less prone to typing error than “imthemostpowerfulpeople.com”…

Others argue that a longer domain name is usually easier to understand - for eg, “ilmmh.com” is difficult to remember and type correctly, whereas if we expand it to its long form, “ILoveMyMumHair.com”, we are more likely to remember the domain name….

Which would I go for?
I’d go for the shorter name if I can get a meaningful one… However, I would probably avoid extremely long names which combine frm 67 chars.

November 23rd, 2007 | Posted in » Domain Name | Leave a Comment | 469 views

New RM50 Note

I received an email from my friend showing me pictures of the new Ringgit Malaysia 50 note. I believe the size will be smaller than the current one with more security features.

DESIGN AND SPECIFICATIONS

Size
152mm X 76mm

The back design shows the Stadium Utama Bukit Jalil in the centre. The logo of Kuala Lumpur 98-XVI Commonwealth Games appears on the left of the note.

November 7th, 2007 | Posted in » News & Announcement | Leave a Comment | 429 views

Economic Downturn Attack on February 2008?

Several reasons:

1. All prices going up: oil, chicken, property, wheat, etc. Needs Economic downturn to stabilize the price

2. China market and shares keep going up and up continuously..Most people in China can make money easily by involving in the market share…this is a bad news to the world..Therefore economic downturn is needed for China market retracement

3. Both above happened in 1997, right before economic downturn. Hint for the next economic downturn? 2008?

4. US foreign exchange (the biggest currency player) is too weak…keep going down..

5. Economic downturn happened every 10 years for market stabilization/retracement: 1987, 1997, and then 2008?

6. Market will go up during Chrismas and Chinese New Year, then it is the right time to have economic downturn on February 2008?

Just wait and see..

November 5th, 2007 | Posted in » Economic Analysis | Leave a Comment | 415 views