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My New Year Resolution for 2018 [ December 29th, 2017 ] Posted in » Achievement 2017, My Career Opportunity, News & Announcement, Review

It is the time of the year again for us to review our year-long achievements, make our life plans and also financial goals in 2018. There are a lot of achievements for me to be proud of in 2017, however I can’t manage to tell every individual success in this post – will do only if I have time. Before we bid adieu to year 2017, let me share with you my own plan for 2018.

My Plan for 2018

1. Make a Career Change

If you no longer can find the passion to make a positive difference, even after doing your best, perhaps you are in the wrong field. It’s fine to start over or start again as long as you have thought through it thoroughly. Some of us who are lucky, find ourselves very early in life. You know exactly what you want in life and you know how to go get it. Those who are said to be unlucky are the ones who are always searching.

There’s no guarantee that it won’t fail. All I need is work hard, keep trying and tweaking over time. Get a resume makeover. Think of best answers to give for though interview questions. Employers are often very specific about the skills and experience they are seeking. They prefer to recruit someone who has a proven track record in their sector, which can make it tough to make changes in career path. To improve the chances of job success, it’s important to identify strengths and match them where possible to the needs of potential employers.

It’s rare to find a job immediately. We need to be financially and psychologically important to prepare for a job search that could take a few months longer. However, I will set myself a realistic time frame and do everything I can to stay positive. A career is like a marathon. You have to set realistic goals to know “what” you need to do to get to “where” you want to be.

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Mapping A Path to Greater Savings

Whether you are planning a long trip or running errands, perhaps you would like to stop for a break or there are a few interesting scenery views that you would like to see while traveling. With Route4Me’s route planning software, it allows you to key in multiple places and addresses, which will plot the whole route at the most efficient traveling time from location to location for you. Besides that, it will also map out a round trip so you can make a return to where you began.

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This route planner software can also provides you the driving directions to each location that you can easily print and take with you. Or you can download the directions file into your GPS device or other navigation systems that support it, so the route comes up pre-plotted when you connect it into your GPS.

The web interface is pretty simple and straightforward – you just need enter current location and destinations. However, you might have to change them if your addresses provided are not specific enough. The system is not as forgiving as some other mapping tools.

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September 22nd, 2014 | Leave a Comment | 8,601 views

Redeem Public Mutual Fund Online

Redeeming mutual fund is very easy and straightforward nowadays. You can withdraw your mutual funds on any business day without any charges. The unit trust management company will be obliged to purchase them so it comes with high liquidity whereby they can be readily converted into cash anytime.

As a unit holder, you will need to know that the NAV of the working day is applicable till 3pm or 4pm during redemption depending on which market you are dealing with. The value of the redemption will be based on the closing price of the business day in which the redemption request is received. Therefore, if you apply for redemption after 3pm or 4pm, you will receive the NAV of the next day.

Usually, it will take 4-10 working days to transfer the money to your bank account. In case you need money urgently, make sure you initiate the process at the beginning of the week to avoid the gap of a weekend which may cause delay in processing.

If you have a Public Bank account which linked to your Public Mutual Online account, then it’s much convenience for you to purchase, switch, sell back and check your units & value. Recently, I made redemption on the following funds through online:

i. Public China Ittikal Fund
ii. Public Singapore Equity Fund
iii. Public Islamic Asia Leaders Equity Fund
iv. PB Euro Pacific Equity Fund

Step-by-step on How to Withdraw Public Mutual Fund Online

1. Click on the “Make a Request” menu link

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July 10th, 2014 | Leave a Comment | 36,612 views

Calculate Annualised Return Using Compound Annual Growth Rate (CAGR)

Compound Annual Growth Rate measures the yearly compounded rate of investment growth over a period of time. It computes the smoothed rate of investment return for a specified number of years.

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Simply put, if an investment generated a 10% annual compounded return over a 5-year period, it means that the investment had grown 10% per year over each of the 5 years at an even pace to arrive at the final value although the actual growth rate may not equivalent to 10% each year over that 5-year period.

Let’s take an example:

– Revenue grow from RM1000 in one year to RM1500 in the next. How much growth is that?

– And what if sales grow from RM1000 to RM1500 over 3 years. How much growth is that?

Example of Simple Growth Calculation

To calculate simple growth, subtract the final value from the base value and divide the result by the base value. Then, multiply by 100 if you want to show it in %.

(1500-1000) / 1000 = 500 / 1000 = 0.5

((1500-1000) / 1000) * 100 = 50%

Example of Annual Compound Growth Rate (CAGR) Calculation

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July 3rd, 2014 | Leave a Comment | 13,695 views

Real Property Gains Tax (RPGT) Rates Increased in Malaysia

As everybody known, the RPGT rates on gains has been raised from disposing of real properties with effect from 1 Jan 2014.

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Under this new property ruling, any gains on properties sold within the period of the first 3 years, the RPGT rate is increased to 30% to individual and companies as well. Those holding within the period of 4 and 5 years, the RPGT rates were increased to 20% and 15% respectively. However, for properties sold in the 6th year or thereafter, no RPGT is imposed on any transactions happen on residential units whereas commercial ones are taxed at 5%.

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For foreigners, the RPGT is imposed at a rate of 30% for properties sold within the holding period of 5 years, and RPGT rate is imposed at 5% for any properties sold in the 6th year and thereafter.


Let say Mr. Lee bought a unit of condominium from a property developer on 1st March 2012 at a price of RM 265,000 and sold his property on 1st Jan 2014 at RM 350,000. So, this property is sold within 2 years from the date of purchase.

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June 23rd, 2014 | Leave a Comment | 5,701 views

How the Unit Trust Distributions Are Calculated?

A unit trust distribution represents a portion of the total income that it earns during the year. However, there are still many do not know how to calculate the unit trust distributions. Let me share by creating a simple scenario which will help you to understand better on the calculation.

Let’s take an example:

You own 4000 units of a unit trust. On May 31st, before a distribution, the unit trust is valued at RM0.27 per unit. So, the total value of your investment is RM1,080.

On May 31st, the fund managers review the income of unit trust. This total income is divided by the units. Let say it results in a distribution of RM0.01 per unit. Therefore, each unitholder will receive a portion of this income in proportion to the number of units he/she owns. So, you receive a distribution payment of RM40 (RM0.01 per unit multiplied by 4000 units owned).

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June 18th, 2014 | Leave a Comment | 7,699 views