Simpan SSPN Prime is the new name of SSPN-i . So, will there be any change to this scheme? New name same scheme Actually, there is no change to the scheme except for the name. The benefits of Simpan SSPN Prime remain the same as SSPN-i. To know the benefits of Simpan SSPN Prime, you …
I have been using Versa for more than six months. In this article, I am going to share my experience of using this digital cash management platform. My return As on 30 November 2021, my return is 1.95% per annum. I am using internal rate of return for the calculation. It is lower than the …
I have experienced a defaulted note on this platform. In this article, I am going to share how Capsphere handled the defaulted note. Number of notes invested Since its inception till 11 June 2021, Capsphere has hosted a total of 29 notes. I have invested in 25 of the notes and 1 has defaulted. Process …
Three years have passed since my last article on P2P lending and a few new platforms are launched during this period, I think it is a good time to write an update now. In this P2P lending update 2021, I am going to introduce some newcomers that I have not covered on my blog. There …
There are some changes to the HouzKEY programme since I last reviewed it two years ago. In this update, I am going to mention the changes that I noticed. Eligibility First, the eligibility criteria have loosened. The maximum age for applicant and guarantors is 70 years old now, instead of 65 years old. Maybank does …
Rakuten Trade (RT) interest rate has dropped again on 7 July 2020, which is the fourth decrease in this year. This is in tandem with the reduction of the overnight policy rate (OPR) from 2.00% to 1.75% by Bank Negara Malaysia. New interest rate The interest rate now is 1.00% per annum. Referral link Below …
Rakuten Trade (RT) interest rate is reduced again on 5 May 2020. This is the third time of reduction in this year alone. It means that the interest on our cash account balance is going to reduce once more. Reason of reduction Bank Negara Malaysia (BNM) has announced the reduction of the overnight policy rate …
Starting on 15 March 2020, we can make pre-retirement withdrawal from private retirement scheme (PRS) for certain purposes without the 8% tax penalty. The allowed purposes are housing and healthcare. We could withdraw from Sub Account B which holds 30% of our savings. Healthcare For healthcare purpose, we can withdraw for ourselves or immediate family …
The bear has come in the worldwide stock markets. Our Kuala Lumpur Composite Index (KLCI) has dipped below 1,400 and might even break the 1,300 level. Luckily, the index increased to 1,344.75 before market closed. Nonetheless, it is still a large decline in one day. Truth to be told, I did not expect the index …
Not too long ago, I just shared that Rakuten Trade (RT) reduces its interest rate for the cash deposit on its platform. Starting 4 March 2020, it revises interest rate again. Reason of reduction Bank Negara Malaysia (BNM) has announced the reduction of the overnight policy rate (OPR) from 2.75% to 2.50% on 3 March …
