Net worth statement is one of the statements that we use in personal finance review. In this article, we will see how this statement looks like. Sample personal net worth statement The values used in the statement are taken on a specific date only, generally year-end (31 December) but it can be any date. It …
Personal cash flow statement is one of the statements that we use in personal finance review. In this article, we will see how this statement looks like. Sample cash flow statement The period of a cash flow statement is generally one year. Components of cash flow statement Cash flow statement can generally be divided into …
This is a comparison between the latest returns of my two robo-advisors, MYTHEO and StashAway. For the performance of the previous year, you can refer to this article. The returns are as on 31 October 2023. Contrary to previous years, I am not going to list the exchange traded funds (ETFs) in my portfolios. MYTHEO …
I have opened my Rize account for four months now. In this article, I am going to share my Rize experience so far. On time interest I have been receiving the interest at the end of the month as promised. The interest rate is also as advertised. It is currently 5% per annum for deposit …
Market condition KLCI advanced by 1.26% to 1,442.14. S&P500 continued its decline to 4,193.80. It is a decrease of 2.20%. My view: Finally KLCI outshined Contrary to my expectation, KLCI did not decline. On the other hand, S&P500 continued to decline as expected, albeit at a lower rate. In November, I think I will still …
In personal finance review, we will use two statements to determine your financial standing. These statements are cash flow statement and balance sheet or net worth statement. Cash flow statement This statement deals with your cash inflows and outflows. The inflows are every ringgit that you receive, such as your salary, dividends, and interests while …
Defining financial planning Financial planning can be defined as the process of taking a comprehensive look at your financial situation and building a specific financial plan to reach your goals. In financial planning, the end result is an actionable financial plan which will help to achieve your financial goals. This plan is a comprehensive evaluation …
My investments are still on the same three peer-to-peer (P2P) lending platforms, namely Capsphere, Fundaztic, and Funding Societies Malaysia. The results are as on 30 September 2023. In this article, I am going to follow the formulae of the previous year which you can see down here. Total return = Total received profit ÷ Total …
Amanah Saham Malaysia 3 (ASM 3) has just paid its latest dividend on 1 October 2023. The amount is RM 0.045/unit, equal to a dividend yield of 4.5%. It is an increase from 3.75% last year. Trend For its previous dividends, you can refer to this page. This fund finally reversed its downtrend and distributes …
I found this book being recommended on Forbes website and decided to read it. For my full review, you may refer to the review that I wrote on 2bookspermonth.com (Link). Lessons from The Allocator’s Edge The author discusses at least 18 types of alternative instruments in this book. Some are familiar such as private equity …
