Imported Cars | Malaysia Financial Blogger | Financial Freedom Ideas

My Investing Strategy for 2012 [ February 5th, 2012 ] | 197 views | Leave a Comment

Although the market outlook is uncertain due to the European debt crisis but I will also plan to make minimal stock investments. I will only invest my savings in high yield dividend stocks when the market plunges. I think property is the best hedge against inflation. Therefore, I will invest in a medium cost apartment soon. Besides, gold is another option to preserve our money and diversify our portfolio. It would be great if you can plan to allocate some funds for gold of 20g to 50g.

investing strategy

My recent strategy is to invest for income and capital preservation in view of the market volatility. For my unit trust investment, I will try to diversify by allocating one third of my portfolio into medium term aggressive fund. Meanwhile, for my stock portfolio, I will try to minimize my risk by investing in defensive counters which also provide dividends consistently.

Malaysia Car Import Tax Too High?

import_tax

Many people do not know how the taxation system run on imported cars in Malaysia. I myself also feel the same. I personally think that the taxes on imported cars with different engine capacities need to be revised in order to reduce public burden.

Why Malaysia Car Import Tax So Hight?

malaysia_imported_car_logo

I personally think that the reason why Malaysia government set high import taxes is because they want to protect the country’s two national car, which are Proton & Perodua. I always hope that our government can consider reducing the import duties for foreign cars for the announced budget but everytime end up with disappointment.