Journey of a Kampung Investor in search of financial freedom
Bank Swift Code is important when you need to receive or sent money to someone overseas.
The SWIFT code is useful as every single bank has it on codes. This will fasten the transaction of transferring of money as the banks will know directly which bank to send money to from the SWIFT Code.
For European banks, IBAN Code is used. For all Malaysia banks, SWIFT Code is used to identify the banks.
Today our beloved KLCI dropped another 12.40 points and the COmposite closes at 1031.63. From a high 1300 to a almost breaking a 1000 level mark.
One might wonder, WOW is this the best time for me to buy equity since it has dropped almost 250 points? Cheap sales ma…
Let me share a product which i personally subscribed where we can save another 7% on our petrol in Malaysia.
As we know, the government had dropped the petrol price till RM 2.55 from a super hike of RM 2.70 per liter.
My friend came across a product by Standard Chartered and he shared with me and i think it’s best for me to share with all off you out there as we can save an extra 7% on petrol.
Yeah, i mean it! Another 7% discount with acceptable terms and conditions. This product is by Standard Chartered and it’s called the e$aver Account.
Fixed Deposit or better know as FD has never been my favorite kind of investment. The main reason FD didn’t made to my favorite list is due to the Return Of Investment (ROI) which ranges from 3% to 4%.
I guess i totally oppose my buddy’s post Irwan, on Fixed Deposit as being a safe investment. No hard feelings ya bud, just to keep you on your toes.
Let me share some information i got from a cup of coffee with my tyre shop boss about SOCSO.
The whole Malaysia rooted on their TV set and waited eagerly for Malaysia’s very first gold medal in the Olympics when Lee Chong Wei - Lin Dan finals in Beijing Olympics 2008.
It was not mend to be for the nation as Chong Wei went down tamely to Lin Dan 12-21, 8-21 in 39 minutes to Lin Dan,
Anyhow, here are my personal views on why Chong Wei fared so poorly against Lin Dan in the finals :-
When i rewind back the first time i started investing in stock market, i will sometimes lol :). To be honest, i didn’t really know the legal age to be investing in stock market was 18 instead of 21.
So i was like 3 years late. When i was very young, my parents was already in the equity markets. I got to know more about it when i asked my parents to explain to me on what they were doing that time. There were times my parents made a lot in a single transaction but of course there are days they lost as well. Not every Sunday right? (Bo tak kang leh pai) ^^
Today i went to meet my friend who is a tyre boss shop. While we were drinking coffee suddenly he was talking how crappy SOSCO was.
Social Security Organisation or in short where we all know it as SOSCO. I guess many will not give a damm about what SOSCO really stands for as it is not doing enough to protect the working class people in Malaysia.
SOCSO is some sort like an insurance company which protects the working group of people in Malaysia. Yeah, as far as i know, each and every local employee must buy SOSCO. CRAP!!!
As we know, the recent petrol hike is really killing the moderate income citizens in Malaysia. I am in that bracket. A 41% increase on petrol isn’t really helping. I am sure more Barang Naik will come after this petrol hike.
So i would love to share 5 savvy ways to combat petrol hike.
I would like to apologize to my friends out there for not updating my blog of late. Here are the reasons :-
a] Traveling a lot - My sister has 2 convocations! (One down, one more to go)
b] Streamyx down whenever i want to blog - This happens whenever it rains in my area!
c] Spend a lot of time at the movies (Red Cliff, Wanted, Mummy is out today!)
Streamyx is pissing me off lately with some crap issues which i will share with you all later. Anyhow i hope all is well out there for everybody and have a nice day! 
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