Tuesday, June 20, 2017
Friday, June 16, 2017
From Healthy Financial State (财务状态) toward Financial Freedom（财务自由）
Examine
your financial state.
1.
Current
Ratio 流动比率
saving / monthly expenses
> 600%
2.
Saving
Ratio 储蓄比率 saving / income > 30%
3.
Loan
Ratio贷款支出比率 monthly
loan installment / monthly income < 30%
4.
Debt
Ratio 负债比率 total
loan / total asset < 50%
Financial
Freedom财务自由度 passive
income / expenses > 100%
How to start trading stock in Malaysia.
1.
Basic
of procedures. See below links which
explained quite thoroughly.
http://www.bursamalaysia.com/market/securities/education/investing-basics/buying-and-selling-stocks/
2.
Picking
a broker. Generally, you should go for low commission and credit facilities.
See links below for comparison of brokerage firms.
3.
Opening
a trading account with a brokerage firm , CDS account & trading fees.
4.
Tick
Size for stock quoted On Bursa Malaysia
Below RM1.00 – 0.5sens
RM1.00 up to RM9.99 – 1sen
RM10.00 up to RM99.98 – 2sens
RM100.00 above – 10sens
5.
Trading
Transaction Cost
a) Brokerage fee + GST 6%
b) The stamp duty is RM1.00 for every RM1000.00 (or fractional part) of the transaction value of securities (payable by both buyer and seller). No GST.
Maximum of RM 200.
c) Clearing Fees : 0.03% of transaction value (payable by both buyer and seller) + GST 6%.
Wednesday, June 14, 2017
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