Archive for April, 2008

Variable Interest Rate Up

Wednesday, April 30th, 2008

National, ANZ and St George Bank lifted its variable mortgage interest rates by 10 basis points. The raise will lift its variable home loan interest rate to 9.46 per cent a year. The above chart shows the current Cash Rate Yield Curve and Implied Expectations of Changes to the Target ...

Will inflation in Australia causes currency devaluation ?

Tuesday, April 29th, 2008

Had a conversation about currency with my friend few days back. The conversation is quite interesting which made me find out more on how interest rate control inflation and how inflation caused devaluation of the currency. Inflation is caused by excessive consumer and government spending which result the increase ...

Property in Malaysia any good ?

Wednesday, April 23rd, 2008

VS   There are still much opportunity in Malaysia when comes to property. Property in Malaysia performs better because of the low interest rate and high rental return. To obtain a positive cash flow rental in Malaysia, a deposit of $86,666 is required to purchase a $333,333 (RM 1,000,000) retail office. The ...

Tau Sar Pneah from Ghee Hiang, Penang

Wednesday, April 23rd, 2008

Address : http://www.ghee-hiang.com/ Heard of the tau sar piah from Ghee Hiang, penang ?  This tau sar piah flew from Penang to Melbourne. It is one of my favorite. I can finished up the whole box in a day. Another shop that is popular with their tau sar piah is Him ...

How the market is performing ?

Monday, April 21st, 2008

The game will be ending on 5 June. That is another 47 more days before the game ends. My target is $50,000 which is the capital that I initially has. Till today my portfolio worth is only $46,188.31 and the market is heading no where. This means that if ...

What else can you do with your cash ?

Thursday, April 17th, 2008

I have a friend who asked me where else can he invest other then putting cash in fixed deposit given the uncertain economies of the world. Seriously during economy down turn, putting cash in the bank is not a bad idea especially when they are giving 7.75% pa interest. In ...

BankWest Regular Saver

Wednesday, April 16th, 2008

BankWest Regular Saver is giving 9% interest p.a. The condition of receiving the interest rate is you can only deposit between $50 and $500 each month and not make any withdrawals. After a year, your saving balance will automatically be transferred to your linked BankWest account like Instant Saver. If ...

Human Behavior

Tuesday, April 15th, 2008

Every human behavior is unique. But if you do observe people around or even your own self, you do realize that how people response towards certain situation is quite similar. People whom you treat the best may not response the same way as you do and some people whom you ...

Auction at 2/82 Manton Road, Clayton

Saturday, April 12th, 2008

[wp-google-maps lat=-37.91563864159634,lon=145.11784225702286,zoom=17,zoomcontrol=large,width=450,height=300,map=true,sat=false,hyb=false,ter=false,searchbox=false] Yesterday was talking to Paul about my interest in attending house auction. First time in my life and first time in Australia attending an auction. Always wanted to attend one ever since two months ago but somehow I feel lazy when I wake up in the morning every weekend. The ...

Money Management

Thursday, April 10th, 2008

Was drawing this diagram on a motion sickness bag when i was flying to Perth. Only manage to draw this out after installing visio on my pc. This diagram actually shows places that we can invest our money at. That includes bank, shares, property, manage funds and superannuation.