Saturday, July 25, 2009

Green back vs Gold back

Gold Price 2000 - 2009

20 gram and 50 gram Public Gold
US Dollar notes. In God we trust?

In God we trust. That is the word imprinted in US Dollar. But Allah created gold and silver as currency, but people use worthless paper as currency. The economic we hold right now is just an illusion based on trust on paper, not God.

Everyone in the world buy US bonds. Everyone trust US dollar and US print so much money and the money will become worthless. The reliance on fiat money cause so much problem in the economy. Everything including property, food and oil price keep increasing.

So, you have a lot of money? Think again. How is your money worth.

Abu Bakr ibn Abi Maryam reported that he heard the Me\senger of Allah, may Allah bless him and grant him peace, say: "A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar and a dirham." (The Musnad of Imam Ahmad ibn Hanbal)

Thursday, July 16, 2009

Bank loan. Monthly, Fortnightly or Weekly Payment?

One of the ways to reduce your loan amount is by finding loan facilities which have lowest interest rate. With current economic situation, government may reduce Base Lending Rate (BLR) in order to boost the economy.

However, beside low BLR, Bank also give more discount. Some bank may offer up to BLR - 2.3% for the interest rate.

Another ways is by increasing the number you pay to the banks. Instead of monthly payment, you can pay the bank weekly or every 2 weeks.

Let's assume RM100k loan with interest rate 3.5% (5.55 - 2.00) for 30 years.

Monthly payment if pay:-
Monthly = RM 449.04
Forthnighly = RM 207.16 X 2 = RM414.32
Weekly = RM 103.56 X 4 = RM 414.24

Different per month = RM 494.04-414.24 = RM 79.80

Saving in 30 years = RM 79.80 X 30 X 12 = RM 28728

So, any wonder where the bank got the money?

Friday, July 3, 2009

Putrajaya, Malaysia

Putrajaya Bridge
Palace of Justice

Large boulevard toward Prime Minister Office

Government Building

Some might say that Putrajaya building like 1001 Arabian Night. Putrajaya is new state capital of Malaysia. Kuala Lumpur now concentrating as commercial hubs. Putrajaya is like Washington D.C. and Kuala Lumpur is like New York.

Both city are linked by dedicated highway and fast rail network.

Among attraction at Putrajaya is wetland and Putrajaya Mosque. Near Putrajaya Mosque there a lot of shops and eateries. There are also river cruise so you can admire the beuty of Putrajaya via waterways.

How to get there

1) Via ERL from KL Sentral to Putrajaya Sentral and then proceed by Putrajaya Bus or taxi.

2) By car or taxi from KL proceed to MEX highway to Putrajaya.

Extreme house modification

Extreme modification

Setia Tropika, Kempas, Johor Baharu

On my recent trip to Johor Baharu, I encounter a corner house with extreme modification. Extreme in term of the design which is not align with the Setia Tropika theme.

But anyway it depend on the owner taste. But for investment purpose, it is not recommended.
For investment, modification is done to add more value to the house. For example more pleasent, more space and better interiror (tiling, paint etc)

Smoking is Dangerous for Plant

Translation: Please do not throw cigarette butt into the vast. It will cause the plant to die.

You normally seen in the cigarette box that smoking may cause cancer and impotency. But do you know smoking also kills plant.

If cigarette can kill tough plant. Wonder what it will do to us.

Stop smoking and start investing.

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