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The More We Spend The Higher Rate of Return On Investment Needed [ September 2nd, 2010 ] | 83 views | Leave a Comment

I believe that those who are ‘thrify‘ will grow wealthy, and those who are ‘spendthrifts‘ will become poor. During my school time, i already have a game of adhering to my budget in which saving 50 cents out of my pocket money. As i known, the discipline of being able to control our spending and save consistently would make us success in the later stage.

big spend

For those who are from top management level who earn more than RM10k per month does not necessary that they can live wealthy. Let’s take an example, the managing director of a multinational corporation, who was earning RM120k per year. Given his hefty income, we expected him to have great substancial amount of money over the years, right? However, sometimes we may found that quite a great number of them whose total assets actually is less than RM500k while the net worth is less than RM200k. Plus, more than 70% of his net worth was from EPF savings.

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Merdeka Latest Offer & Special Promotion 2009

31st August 2009 is our 52nd Hari Merdeka, Malaysia National day. Most of the states in Malaysia will celebrate this occasion in full force. Mostly they will display the national flag on their vehicles, buildings and homes as a symbol of patriotic for our country.
During Hari Merdeka, you can find Merdeka crazy sales with big discount from any shopping outlets.

From 28 to 31 August 2009

Parkson RM52 Merdeka Price Blast

Merdeka-Parkson

You can grab the fantastic items at the price of RM52 only! The items that have such offer are:

· Akemi Impressions Anti-Dust Mite Queen Fitted Bed Sheet Set (normal price: RM199)
· Bon Chef Tempura Fry Pan with Glass Cover 24cm (normal price: RM169)
· Calvin Klein ck one Body Spray 250ml (normal price: RM120)
· Hallmark Towel Set (normal price: RM108)
· L’Oreal True Match Make-up Base Moist Up + Glam Shine Lip Gloss (normal price: RM35.90 and RM26.90)
· Pigeon Liquid Cleanser Refills: pack of 3 (normal price: RM99)
· Revlon Eye Shadow: 2 units (normal price: RM49 each)
· Salvatore Farrago Deodorant Stick (normal price: RM97)
· Thermos Flask 500ml + Colorful Mug 400ml (normal price: RM112)

The item that you can get 52% off:

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August 29th, 2009 | Posted in » Coupon & Promo Voucher, News & Announcement | 1 Comment | 2,863 views

Try It Out New Cheaper Petrol RON95 !!!

RON95

I hope it is not too late to announce some good news that Malaysia new petrol RON95 will be fully introduced this 1st of September, and it will cost about RM1.75 per liter, which is 5 cent cheaper than RON97 (RM1.80 per liter recently) but also 5 cent more expensive than RON92 (RM1.70 per liter recently).

But there is another bad news; RON97 petrol price will be increased to RM2.00 per liter. Anyway, thanks to my fellow blogger Lai Ke Po for providing me such kind of useful information.

Do You Know What Is RON?

RON means research octane number and it refers to the ability of gasoline to auto burn inside the engine. Simply say, RON97 is harder to burn compared to RON95.

Higher octane number oil is basically designed for higher performance cars such as sport cars and racing cars. This is to avoid premature burning of oil inside the engine.

A lot of people said that RON92 petrol is the older oil and it is only suitable for older cars only. And, there are also some said that RON92 petrol would make the engine dirty. As comparison, RON92 petrol is less powerful than RON95 and RON97. What do you think?

NEW RON95

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August 26th, 2009 | Posted in » Finance Tips, My Saving Plan, News & Announcement | 37 Comments | 26,222 views

Complete List of Malaysian Bank Swift Code

bankSWIFTcode

Do you know what is bank swift code? It is the unique identification code of a particular bank. These codes are used when sending money between banks via wire transfers.

Recently, I have a business deal with a client from New Zealand who sending his credit to my bank account via this technique. In the other words, bank swift code is very useful for those who are sending their credit/money from outside Malaysia to our local bank through bank-to-bank transfer.

Here’s a list of Malaysian banks swift code, there are in 8 unique charaters:

Affin Bank Berhad -> PHBMMYKL
Alliance Bank Berhad -> MFBBMYKL
Ambank Berhad -> ARBKMYKL
Bank Simpanan Nasional -> BSNAMYKL
CIMB Bank Berhad -> CIBBMYKL
Citibank Berhad Malaysia -> CITIMYKL
EON Bank Berhad -> EOBBMYKL
Hong Kong Bank Malaysia Berhad -> HBMBMYKL
Hong Leong Bank Berhad -> HLBBMYKL
Malayan Banking Berhad -> MBBEMYKL
OCBC Bank Berhad -> OCBCMYKL
Public Bank Berhad -> PBBEMYKL
RHB Bank Berhad -> RHBBMYKL
Standard Chartered Bank Malaysia Berhad -> SCBLMYKL
United Overseas Bank Berhad -> UOVBMYKL

My client needs to fill up the application form with this information:

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August 23rd, 2009 | Posted in » Bank & Investment, Finance Tips | 8 Comments | 9,492 views

Find Great Deals on Prescription Eyeglasses Online

prescriptioneyeglasses

I’m always on the lookout for online coupons and vouchers, today I am going to share with you that I have found a company to buy eyeglasses at cheaper price. For sure, you can save close to huge percentage compared to what you were spending last time.

Just imagine how much can you save from the online discount eyeglasses. For me, it is the most affordable prescription eyeglasses with that $8 and it already includes high quality stylish frame, high index lens, anti scratch, UV protection, quality case and cleaning cloth. Unbelievable price, isn’t it? You can go to visit their site so that you will believe what I’m talking about. They have wide selection of eyeglasses for you to choose from.

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August 20th, 2009 | Posted in » Other | 3 Comments | 1,562 views

Maybank Amex Card Offers 5x Membership Points

maybankamex

Maybank American Express Gold Credit Card can give you up to 5x rewards point. Besides, American Express Gold Credit Card is the first in Malaysia to offer the lowest interest rate of 9% per year. However, the credit card holders need to make consistent minimum payments to enjoy the 9% interest rate instead of normal charges of 16% per year.

maybankamericanexpress

Based on what I’ve known, not many local banks offer AMEX card. As I know, Maybank offers it. AMEX is not popular because not many merchants accept it as well. Also, AMEX’s merchant charges are higher than VISA and MASTERCARD; so this is reason why a lot of shops doesn’t get AMEX merchant’s

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August 18th, 2009 | Posted in » Bank & Investment, Debit & Credit Card | 8 Comments | 6,463 views

Write Review To Get 1 Year Free Domain

freedomainname

Do you own a website on a free web hosting server, but can’t afford to buy domain name? Do you feel that your web URL too long to remember? Are you planning to own YourDomainName.COM or other domain name for free? If so, then now you can write me review to get 1-year free domain name.

Get 100% Free Domain Name At imDavidLee.com

The more you write, the more free gift you can get. This contest is no expiration date but only limit to first 20 participants. What are you waiting for? Faster grab this golden opportunity!!!

freedomainname

Just for clarification, write me:
1 review means write a post for my main blog (http://imDavidLee.com)
2 reviews means write a post for each of my main and 2nd blog (http://LimPek.com)
3 reviews means write a post for each of my main, 2nd and 3rd blog (http://CodeBasic.net).

Referrals

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August 14th, 2009 | Posted in » Domain Name, Finding For Free | 8 Comments | 3,293 views

CIMB Islamic Max InvestSave

cimbmaxinvestsave

Previously, there have great promotion on this Max InvestSave, which you top up your deposit, then you can get to participate in the contest and also get free gift. So, pioneer investors of Max InvestSave will receive bonus units of up to 30 percent of their total investment value.

At a glance, it is saving plan + investment linked. It is not sound too good to be true, the profit stated is projected based on last few years market data which is not so guaranteed. The capital is only guaranteed if one held until maturity period of the scheme.

Hope with my little information here may clear a lot of doubts, and uncertainties among those people who plan to save and invest.

- For me, this kind of investment really pays out highest RIV when you deposit.
- Secondly, what you see is what you get. What’s on the T&C is what investors will get. The bank won’t take investors’ money and invest in ponzi schemes, simply because the bank is not allowed so. A lot of investors seem to have the view that banks always have their ways to invest such as buying properties.
- This Max InvestSave product works best in the long term and it is very suitable for retirement planning.

Why CIMB Islamic Max InvestSave Better Than Fixed Deposit?

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August 11th, 2009 | Posted in » Bank & Investment | 5 Comments | 3,743 views