Versa is a platform to save extra money with a decent interest rate akin to fixed deposit (FD) without the lock-in period. It is licensed by Securities Commission as a recognized market operator. How Versa Works? It channels the invested money to Affin Hwang Enhanced Deposit Fund, a money market fund. The interest is earned …
The Investment Answer is written by Daniel C. Goldie and Gordon S. Murray. They both have a career in the investment field. However, Mr. Murray passed away in 2011. The authors want to change the way readers think about investing though this book. Layout of The Investment Answer The Investment Answer consists of a prologue, …
Skim Simpanan Pendidikan Nasional (SSPN-i) or National Education Savings Scheme is a savings scheme from Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) or National Higher Education Fund Corporation. I think it represents a good alternative investment vehicle in Malaysia. Benefits of SSPN-i I will list down its benefits in descending order of my perceived importance. 1. …
Amanah Saham Malaysia (ASM) has paid its latest dividend on 1 April 2021. The dividend is only 4 cents, translating to a dividend rate of 4%. This is the third consecutive decrease in the annual dividend of this fund. Trend For the previous dividends, you can refer to this article. The dividend has decreased by …
The author of The Women’s Guide to Successful Investing is Nancy Tengler. She has experience of managing tens of billions of dollars globally. She is also a columnist, author, financial news commentator, and university professor. This book’s primary audience is women and the author wants to increase the readers’ financial IQ. Layout of The Women’s …
The Employees’ Provident Fund (EPF) has declared its dividend for 2020 and the rate is 5.20% for conventional savings and 4.90% for Simpanan Shariah. I think this represents a commendable result. Dividend history As my own account is the conventional savings, I am going to list its dividend rate of the past five years. 2015: …
Recently I discovered that Firstrade has a dividend reinvestment plan (DRIP) which I believe is beneficial to long-term investors. What is a DRIP? DRIP automatically converts the dividend into shares of the dividend-paying stock. By taking advantage of this plan, we can enjoy the benefits of compounding returns without having to place an order, pay …
George Soros wrote The Alchemy of Finance. He is so famous that I think he does not need an introduction. In this book, he introduces the theory of reflexivity which is his theory to explain the behaviour of the financial markets. Layout of The Alchemy of Finance The Alchemy of Finance has five parts with …
I have an account each with two robo-advisors, namely MYTHEO and StashAway. The StashAway account was opened in May 2020 while MYTHEO account was opened last year and I think it is a good time to compare their results. The returns are as on 31 October 2020. I am going to list just the stock …
The author of this book is Philip Arthur Fisher. He was a legendary American investor whose career spanned over 60+ years. Warren Buffett praised Common Stocks and Uncommon Profits as a very very good book. The purpose of this book is to point out the best way to investing, which is reaping the greatest total …
