2008 October | Malaysia's Financial Blogger

Buying And Selling Property Procedures [ November 19th, 2008 ] Posted in » Finance Tips, Property | 35 views

After considering several places and you have decided to buy a house and the price is agreed by both parties, you will need to pay some earnest deposit (min 2%) for booking purpose. My advice, don’t pay the 10% straight, just in case you changed your mind later.

selling and buying property

After paying the earnest deposit, you will need to appoint your lawyer for the Sales & Purchase Agreement. It may take up to 2 weeks to prepare. Once the SPA is ready, you will need to make the balance 8% of the purchase price upon signing of SPA. (Assume your applied loan is 90%)

Besides, you must prepare some funds to pay the legal fees for S&P(Travelling, Stamping, Photocopying, Miscelllanous fees), which are relied on the purchase price of your property. Basically you should be able to estimate your lawyer fees based on the following:

snp legal fees

Note: This is payable to your lawyers to get the land title transferred to your name.

What To Do After Signing The Sales And Purchase Agreement?

Global Economic Rankings

Based on global competitiveness report 2008-2009, United States continues to be the most competitive economic in the world and closely followed by Switzerland, Denmark, Sweden, and Singapore.

From the analysis of top 10 global economies ranking, Singapore, Netherlands and Canada are on the way up. Singapore top ranked among Asia countries due to the strength of market efficiency and having the world-class infrastructure like transport facilities.

Economic Ranking

Why US Economic Still Top Ranked Globally?

October 31st, 2008 | Posted in » Economic Analysis | 1 Comment | 200 views

How To Get Google Sitelinks?

Have you ever searched for something on Google and the top search listing had subpages listed for the Website? This is called Google Sitelinks. Sitelinks are generated automatically by Google, you have nothing to do in order to get them. Google will check your site if your site has enough contents and at least 1 year old.

Most of the famous blogger like IT Engineer, proBlogger.com, TechCrunch.com will have their Sitelinks displayed but when I type imDavidLee, no Sitelinks displayed. Thus, I still need to work hard on this. I noticed that most of the blogger’s Sitelinks will be displayed if their search result exceed 10,000 when their particular name is being searched.

iCalvyn
Problogger
Techcrunch
imDavidLee

Tips For Getting Google Sitelink

October 28th, 2008 | Posted in » Google, Internet Resources | 5 Comments | 1,074 views

How To Write A Cheque?

Many people know how to receive and make cheque deposit but some of them may not know how to write a cheque. Actually I never issue a cheque before but I know the ways to write it.

You have to open a current account and put initial deposit into its. However, you will not earn any interest on the balance in the current account. Make sure that you always keep record of your current balance because the bank statement will not indicate the most current balance and normally show an earlier period of transaction.

My Tutorial On How To Write A Cheque

October 24th, 2008 | Posted in » Finance Tips | 3 Comments | 711 views

How US Affect World Economy?

Generally speaking, US dollar is used in most international transactions, so if anything happens with the US economy, it will affect global economy as well.

US economy

With the gas and fuel prices going up, slowdown in real estate market and the dollar not worth as previously, then consumer’s spending power will be decreased. Subsequently, this may cause major companies to earn less and their share price definitely will drop. Indirectly, other countries will suffer less demand from US and then the export of goods will be affected too. Try imagine how danger’s was it!!!

October 22nd, 2008 | Posted in » Economic Analysis | 3 Comments | 413 views

How Paypal Calculate Exchange Rate?

As you known, Paypal is worldwide acceptable Internet Payment Gateway. And it provides us more comfortable and trustable way to do online transaction.

Paypal

Back to 3 months ago, I made a $500 withdrawals direct to my Public Bank debit card. And I checked the bank exchange rates (USD->MYR) for that day was 3.18. The exchange rate that appeared on my credit card bill was 3.15 only. That’s an average of 0.03 differences for that transaction. This means that PayPal will straight away convert our withdrawal amount (maximum withdrawal of US$500 per day) to Ringgit at their own lower USD/MYR currency exchange rate. Besides, Paypal also charges $5 withdrawal fee.

October 19th, 2008 | Posted in » Paypal | 5 Comments | 513 views

Google Is My Boss

Why Google is my boss? This is because I rely much on Google Page Rank to make money all the while. What is Google Page Rank? It is the type of ranking given by Google and it is based on the number of links pointing to your website/blog. The more back links you have the higher your PR will be.

I have been looking around recently and reading some articles about Page Rank regarding on how to increase Google Page Rank.

My Frequent Tactics To Increase Page Rank

Exchanging Link