Tuesday, June 26, 2012

DIJEMPUT SEMUA RAKAN-RAKAN YANG MEMASUKI BLOG SAYA KE MAJLIS PERKONGSIAN MENJADI USAHAWAN KEWANGAN DI MAA TAKAFUL








Salam para pembaca dan rakan-rakan yg mengunjungi blog saya........anda semua saya jemput hadir ke majlis BOP ( Business Opportunity Program ) yg akan saya adakan di Training Centre branch Bandar Baru Bangi beralamat seperti berikut : B-03-2 JALAN MEDAN PUSAT BANDAR 5, BANDAR BARU BANGI 43650, SELANGOR. Majlis penerangan akan di adakan pada 30/06/12( sabtu / 2pm ). Sila sms atau email kehadiran 3 hari sebelum tarikh program penerangan tersebut. Saya akan berkongsi bagaimana saya merubah ekonomi keluarga saya dlm tempoh 5 tahun untuk mempunyai pendapatan tetap 5 angka setiap bulan. 12 tahun saya menjadi usahawan perancangan kewangan sepenuh masa benar-benar memberi saya kehidupan yg berbeza.

Kita akan dapat apa yang kita pilih.....mari beramai-ramai kita ubah landskap masyarakat makan gaji ke masyarakat usahawan untuk pendapatan yang lumayan. Jumpa anda pada 30/06/12 ini dan jangan lupa sms atau email saya 1 hari sebelum tarikh program untuk penyediaan tempat duduk serta bahan penulisan. Ikhlas dari saya.....penulis blog AKU USAHAWAN MAA.


HANAFI : email - hanafi_vibrationagency@yahoo.com / hanafivibrationconsultancy@gmail.com

                  H/P : 016 2207467 / 03 62876724

Friday, June 22, 2012

DON'T ASK "WHAT" TO INVEST IN, ASK "WHY"


When it comes to “what to invest in”, everyone has an opinion. Whether it’s the best stock to buy, or the best property to invest in, or even the best currency to hold. And that is perfectly fine, because everyone is entitled to an opinion.
What is frustrating however is that professional advisors are often quick to provide a long list of recommendations, even before considering an individual’s circumstances. When was the last time you were asked, “why are you investing?”
People need to focus less on “what” (i.e. what to invest in) and more on “why” (i.e. why invest?). Are you investing because you want a stable income stream or are you looking to achieve significant wealth accumulation? Are you investing because you want to buy a house in five years time, or to go on that 6 month vacation next year, or just simply because you want some money put aside for rainy days?


The answer to your “why” can often provide a guide to the type of investments you should aim to hold.
Here are three things you should consider before asking “what” to invest in:

1 – Your investment time horizon

How long can you put your money away for? Generally, the longer you can put aside your money, the better your ability to take on risky investments.

2 – Your risk appetite

How stressed out do you get when you start losing money? Always err on the side of conservatism as most people overestimate their ability to handle losses. Obviously, the less comfortable you are in losing money, the less you should invest in risky asset.

3 – Your job security, and how it correlates to your investments

Many people (even professionals) fail to consider this. If you hold a stable job, you are better able to handle temporary fluctuations in your investments. On the contrary, if you work full-time as a real estate agent and derive much of your income from successfully selling properties, it’s probably not a good idea to also invest a signification portion of your wealth in property.

Monday, June 18, 2012

INCOME PROTECTION......WHY YOU NEED IT.?



Income protection insurance is a means whereby you can still receive up to 75 percent of your usual income, despite the fact that you have become injured or ill to such a degree that you can not carry out your work anymore. Without having such protection you would have no other choice than to eat up your savings and even finish up on a government disability pension in order to survive. What's more, if you are the owner of a small business you might have to employ somebody else to do your work for you so that your business can carry on without you. Income protection insurance is therefore just as important an item in your insurance portfolio as is life insurance.

income protection insurance plans

Like most personal, or life insurance policies, you, or your dependents, never fully realize their full value until you have to make a claim. If you have nothing to claim against you can find yourself in a seriously adverse financial position very quickly. Therefore your need for income protection will depend on how much you stand to lose, should you become ill or injured to the extent you can no longer contribute to your own welfare.
Income Protection Should Not be Confused With Workers Compensation.

Workers compensation will cover all your medical costs and out of pocket expenses but if you are to be out of work for any extended period of time you could still find yourself in need of income protection insurance. Of course if you work for yourself you will not even have any workers compensation to help you out, plus even if you are covered by your employer's compensation, if you are injured outside of work Workers Compensation doesn't have to pay.

The risk of not having adequate income protection insurance could mean the eventual loss of your family home, or being unable to pay your rent, even your day to day expenses like buying food for your table would be affected.
Compare Quotes and Terms From Several Companies Before Deciding

In order to find the best deal as far as income protection insurance in concerned you will have to compare quotes from several life insurance companies. Premiums and terms can differ greatly between companies and the cost of the cover can depend a lot on how long you are willing to wait before your income protection payments start being applied.

Another factor to compare will be the length of time you wish the payments to continue for. It is possible to have the benefit continue until you reach retirement age. The amount of monthly payments you wish to receive will also affect the cost of the cover.

All these factors will need serious thought before you go ahead and sign up for protection only to find that the policy you chose doesn't give you all you need to cover things like your rent or mortgage, car payments, credit cards and general living expenses. The payment benefits are normally capped at 75 percent of your average income before you became sick or injured, because it has been determined that anything more than that would be an incentive to not return to work when you recover.

There are two major issues to keep in mind when finalising your income protection policy with a life insurance company these are:

Be certain that the policy you are signing up to is index linked so that it will automatically keep up with any inflationary increases.
Make sure that it is a non-cancellable policy. This means you will always be assured that your policy will keep being renewed every time it comes due for renewal. If you don't make sure of this right from the start you will find yourself having to undergo a health check every time you want to extend it further.

If you leave yourself open to re-assessment you could face an increase in premium costs. You should also examine the terms and conditions for a clause that could see your benefits lessened if you had another income stream to fall back on. Some income protection insurance policies will only pay you if you cannot work in the field you are trained to work in. This means that if any other work is around you may have to take it on.

Other policies will pay you regardless of whether other work is available or not, as long as you can't work in an area of your own expertise. This is particularly important for a professional such as a doctor who probably could not practice as a GP anymore because of his or her injury or illness but could work as a watchman at an industrial site where all he would be called on to do would be to monitor on site cameras.

As with life insurance, income protection insurance is best taken out with a solid reliable insurance company that has been around for a long time. The longer such companies have been in operation the more policy holders they obtain and the stronger they become. Longevity is also a good sign that people trust them and stay with them

Sunday, June 17, 2012

CABARAN BANGKOK UNTUK ANDA SEMUA AHLI VIBRATION CONSULTANCY DAN PEMBACA BLOG SAYA..!

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SALAM........KEPADA SEMUA USAHAWAN VIBRATION CONSULTANCY SEKALI LAGI ANDA DI HIDANGKAN PERCUTIAN PERCUMA UNTUK KALI KE-5 TAHUN INI SETELAH HATTYAI, SURABAYA, HANOI DAN ATHENS YANG TELAH BERAKHIR DAN ADA YANG MASIH BERLANGSUNG. TUJUAN KAMI SANGAT MUDAH TAK LAIN TAK BUKAN UNTUK MELIHAT ANDA SEMUA BERJAYA DLM PERNIAGAAN PERANCANGAN KEWANGAN INI DAN SENTIASA TERMOTIVASI DAN HAPPY BERSAMA MAA TAKAFUL. AYUUHHH RAKAN SEPERJUANGAN KU DI VIBRATION CONSULTANCY AMBIL SEGALA ISENTIF YG DI BERI SEBAGAI PENGGERAK KEMAJUAN PERNIAGAAN ANDA SEMUA. ORANG HEBAT SENTIASA MEMPERBAIKI POTENSI DIRI MEREKA TANPA MEMBENARKAN SEBARANG HALANGAN MENGHALANG IMPIAN MEREKA. BERFIKIR CARA ORANG BERJAYA PASTI KITA AKAN BERJAYA. "WHAT THE MIND CAN CONCEIVE AND BELIVE THE MIND CAN ACHIEVE". MULAI 22/05/12 SEHINGGA 31/07/12 HANYA DENGAN RM7999 ATAU 15 CASES ANDA DI BERI PERCUTIAN HEBAT DI TANGGUNG SEPENUHNYA KE BANGKOK( KOTA MEMBELI BELAH / KOTA HIBURAN ) SELAMA 4 HARI 3 MALAM. KEPADA PEMBACA BLOG DAN RAKAN-RAKAN YG MELAYARI BLOG SAYA ANDA JUGA BOLEH AMBIL BAHAGIAN DALAM PERCUTIAN INI HANYA DENGAN MENJADI AHLI DI PERKUMPULAN PERNIAGAAN KAMI. ANDA HANYA PERLU BAWA BUSINESS RM5,000 DLM MASA 2 BULAN DARI TARIKH JOINT ANDA DI BERI ISENTIF RM1,250 SERTA PERCUTIAN KE BANGKOK..!

Saturday, June 16, 2012

YOU ARE NOT INVISIBLE TO RISK

When you invest your money in whatever way or form, such as in unit trust funds, in the stock market, or in an investment account, your money will grow fast, grow slowly, remain the same or does not grow at all or in a worst case scenario, reduce in amount or worth.
The message here is, you can lose money in an investment scheme and instead of getting richer, you may turn out poorer. Most people like to see the good returns only or how much they can make when investing in a scheme. The higher the return and the shorter the time frame (waiting time), the better it looks as a potential investment.
It looks even better when everything is presented in nicely printed brochures. The temptation to dump all of one’s money into such a scheme is very strong. Unless you are a true psychic, nobody can predict how an investment will turn out. All investments are subject to risk. A recession can affect the investment returns. A political upheaval can affect it. A bad management can also affect the outcome. Therefore, any investment that you make is a gamble.

Your money, your responsibility

You are not invisible from a potential lost. What you can do is to not put all your money into one investment type only no matter how good it looks on paper. I was introduced to one investment scheme a few years ago that promised an average 20 percent return, annually. The temptation to put all of my money into this scheme was so great. I was already calculating the returns on the spot.
The returns looked so attractive and using the rule of 72, any money invested into the scheme will double-up in about four years. For example, if I invested 400K, the amount will become 800K in about four years time (72 ÷ 20 : 3.6 years). In another four years time, the money will grow to 1.6M. I was salivating at the prospect of seeing 1.6M in less than 10 years (about 8 years). Well, I will see the money if everything goes accordingly and there are no major events to upset the investment and ensure my money grows unimpeded.
I ended up investing some money (not 400K) and the returns has so far been whereabouts of 13 – 15 percent annually. Well, as with all other investments, past performance is not a guarantee of future performance. The return is still not bad but it is nowhere near the promised 20 percent return originally. The investment could have gone south and I could lose a good chunk of my life’s saving instead. Hence, to be prudent and to protect myself, investing an acceptable amount was wise. Hey, why expose myself to this kind of worry? I am not a high risk taker and I want to be able to sleep at night.
Lastly, it is wise to always bear in mind that we are not invisible to negative or bad circumstances. Good or bad things can happen that are beyond our control. There is nothing wrong in being extra cautious to avoid an unfortunate incident especially when it involves our life savings. Only invest an acceptable amount of money with considerations given to the risks involve. It is your money and therefore, it is your responsibility.

Mortgage : the cheapest debt

“Cheapest” means the lowest interest charged.
Banker are willing to loan us money for buying houses because that is the most secured collateral. Why bother to settle the loan fast? The interest rate is only BLR + margin = 7~8% at this moment.
I bought adequate life insurance to cover my liability ( including mortgage). Thus, I never bother to settle the house loan. When I got extra money, or saving, I always invest it and make sure that they generate more than 8% return per annum.
That means NOW we got the house, plus extra investment. When I die, my wife will also get the house, my investment, and the extra life insurance proceed. If I die young and fail to achieve my financial goal, at least my wife can achieve her financial freedom instantly!