Which One Gives Better Return?

Effective Rate & Internal Rate of Return Applications for Everyone!

As promised in my previous post, I will share 2 simple methods (Effective Rate, and Internal Rate of Return) that we can use to determine the return of an investment. It can be performed by almost everyone and it is a free application for smart phone ~ (EZ) Financial Calculators.

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Where to put My Money?

Monetary Policy Committee of Bank Negara Malaysia’s reduced Overnight Policy Rate (OPR) by 50 basis points to 2.00% after meeting on 5th May 2020. (click here for BNM press release) With this announcement, interest rates for both borrowings and savings will be adjusted accordingly. For those of you with Fixed Deposit Savings may start to feel that it may not be viable to continue placing FDs with bank. So, what should you do?

Worry Not! You can expect a lot of advertisements and posts about investment opportunities everyday. You may have received calls from someone, you know or do not know, who offered you with investment schemes. Some may even offer you new career opportunities.

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