You must have read papers , articles and talk show hitting reality in our brains that in few years to come our savings might not be enough or undervalued. This had really knocked some sense to me thinking way back…Before a packet of nasi lemak cost me only 50 cents & you have everything including decent amount of rice, egg and sambal. But today the same nasi lemak cost you RM1.00 without egg, if you add egg then it will cost RM1.50. Just in 10years the price of nasi lemak is 100% doubled. What does this tell us ??? The value depreciates with inflation mushrooming higher and higher everyear. Well it is just nasi lemak , go out and survey the price for other items.. you will be shocked ! You can’t find cone ice-cream for 20cents , sweet bun for 20cents and a bowl of Cendol remains RM0.50 but the size of the bowl is very small !! Few gulps and you are done. Either the price is higher or the size shrinks !! LOL.
A month ago i read an article, EPF money is not enough for a person to survive on retirement after 55 years old, it don’t even last for good 10 years. At the age of 65 you will totally dependant on your children hoping they will support your needs, they will but how long ? They have their own family to take care and what about YOU ?? Old Folk homes ?? Start working ?? But can you work ? Do you have the energy and health to continue working ?? Im not threatening but this is just painful truth that is hard to digest.
We need to improve our lifestyle, plan for our retirement and be financially independent. You should make your money work for you and not vice-versa. Beat the damn inflation, with oil prices hiking and gold prices far from what I can imagine. I don’t even dare to enter any gold shops anymore
We as humans are capable of learning, adapting, changing our mentality , and renewing ourselves to be better approach for greater financial freedom.
There are few ways of achieving your total financial freedoom :- 
1. Invest in valuable properties/ Real Estates ( house, shoplot’s or apartments) before investing survey the area and surroundings.
2. Invest your money in Unit Trusts. The returns are pretty good and eventually you will gain by manupulating your dollar and cents. The amount doesn’t need to be huge, do Dollar Cost Averaging.
3. If you have Huge EPF which is giving you peanuts and trust me you will not be able to beat the inflation in next 20 years to come. It is your money and you need to decide which gives you higher returns. If you have more than 50K in your account 1, why not withdraw 20% of the excess and invest in Unit Trust, it does you good and plus your return will be much higher than 5.5%. Some of the Unit trust investment has even produced 15% return per year, this is proven track record.
3. Don’t dream your FD will give sustain your survival periods. By putting in FD you are making someone else richer and you…: ( ??
4. Invest in gold, it is valuale commodity today and at presents.
You may find that I didn’t mention anything about investing in Sharemarket, well it is only for those rich with extra $$$ and it is risky, the market can aggravate in a night and tumble the next day. I emphasize more towards something less risk (moderate risk) and at the same time you can stretch your Ringgits & guide you towards freedom.
If you would like to know more, don’t hesistate to contact me.
- ONBVN