Malaysia Financial Blogger | Financial Freedom Ideas | imDavidLee.Com

EPF Dividend Rate Drop To 4.5%

Employees Provident Fund (EPF) is going to declare only 4.5% dividends for the year of 2008.

I’m quite certain this will raise the dissatisfaction among working Malaysians who work hard for an honest living and will depend on the EPF after they retire from active work.

This is the clear fact that WE ARE IN AN ECONOMIC CRISIS?

However, if you look from different angle of views, this is the rate, which still put EPF at a high position globally when equity and trust funds are giving out insignificant returns on investments. For those who are in the banking sector, we all know that the bank fixed deposits is definitely not as much as EPF’s returns.

NameCheap March 2009 Coupon Code

Namecheap.com one of the most popular domain registration company. Most of the webmaster prefers to register domain with Namecheap.com. This probably because of its various discounts through coupon codes and promotional offers.

The Namecheap coupon code for March 2009 has been released. You can register a new domain name with namecheap for just $8.81.

Discount: Save 88 cent for 1-year new domain registration only.

Expires: 31th March 2009

The March coupon will discount $9.69 to $8.81 on a new domain registration. Use the coupon emphasized in red bold to take advantage of this offer.

Namecheap Coupon Code: SPRINGSUN

To know more about steps of using this coupon code. Go to my previous article -> NameCheap January 2009 Coupon

Low Offers From PayPerPost?

Writing for your blog can be time consuming. If you are reading my blog, you probably want to make some money with your blog. But, the market might be changing. The largest and most popular paid post site is getting cheap.

I’ve been noticing the posting opts that they have available at payperpost. The 20 cents, 50 cents for a post is just ridiculous. I think they want to kick out bloggers who just blog for money.

You could make more money online by filling out surveys or after you start getting some regular traffic, switch to Google Adsense and affiliate marketing. Don’t take these cheap ass payperpost opts. $5-$10 should be the min for your paid posts. Another bad thing is Google can detect PPP because they require putting a disclosure badge on your site. So, play smart !!!

Who Suffered The Most During Recession?

Just straight to the point, what’s the ripple effect of economic downturn?

Happening Now:

Lower bank savings interest rates
Falling housing sales and reduced property values
Companies are downsizing, and filing for bankruptcy
Higher unemployment rate

So who is the most affected group? For sure, people may say poor people most affected. For me, it depends on your current financial situation. People that have NO SAVINGS suffered the most. People that pretend to be rich suffered too. However, middle-income group suffers the most since need to work harder to solve today’s challenges.

Economic downturn only benefits the top few tycoons in the world where they hold on the bulk of the money, to keep it from circulating, forcing companies to close down due to lack of cash flow and debt, which in turn forces stocks and shares price drop. When it drops, these top people will dump their money in and buy more, then wait for the economy to improve, and then sell off for profit.

Rich Get Richer, Poor Get Poorer

Read More …

Free Movie Tickets With Hong Leong MTV Credit Card

Hong Leong MTV Credit Card always brings me fantastic privileges. What’s special? Just spend RM50 and above in a single receipt and you can redeem 1 FREE movie ticket at any Cathay Cineplexes nationwide. Based on my calculation, lets say 1 Cathay movie ticket is RM8, then you have already gained RM8/RM50 x 100% = 16% cash rebate, am I right?

I redeemed once before which was at the end of last year. After that, they stop this kind of promotion for a while (almost 1 month) due to new promotion for Hong Leong Master Card. But it never disappointed me at last!!!

Smart Finance Tips

If you are planning to buy anything during this economic crisis, which cost you total RM400. Then you can request the cashier to split it out to 4 transactions, which means that you have 4xRM100 receipts. Then you can get 8 free movie tickets. Make sure that you follow my method because over RM100…RM200…RM400 in a single receipt is entitled for you to redeem 2 tickets only.