Jun 9, 2009
Jun 7, 2009
Great Deal on New or Used Car
Have you ever thought of buying car online? I know it is kind of irritating when going car show room and meeting car salesman. because you cant get to choose on what you want to see or hear.
For example if you want to buy Peugeot 308 or Peugeot 107 and you go to any Peugeot Dealer; they will tell you on what they want you hear and see. Most importantly when buying a car, you first need to know what do you really want, in other word functional specification. Example: you want to buy brand new or used Peugeot 308 i.e: the suspension, horse power, mileage, maintenance, warranty etc. It's like you doing your own groceries shopping. Once you list everything on what you need, then you can find any Peugeot Dealer that is nearest to your place.
Sound simple? Here is the website that you can do the above: http://www.perrys.co.uk/
Best part of it, you've got the opportunity to compare price and get better deal online. Who knows, from the comparison price and you go and visit the dealer, you might get another discount. As you can see, you can just click at the icon for favorite car like Ford, Chevrolet, Citroen etc. Though you can find another car at the filtration or selection, i would think it would be much better if the website can put a shortcut icon just like the rest. On the other hand, they have a very limited new car info. i.e: If I wanted to buy a brand new Honda or Merce, i couldnt find it and I can only find used Honda. Does that mean new honda or Merce is not worth to buy it? I don't know the reason behind it. Probably they have some sort like agreement.
Another thing that i like about it is that, it is considered one stop portal for car. Everything you need when buying a car is there. They give you information about the finance, insurance and srappage scheme. On the other hand, the portal is only for UK resident. Not applicable for those who live outside of UK
May 2, 2009
Sukuk Simpanan Rakyat 2009
Our Prime Minister, Dato’ Seri Najib has announced the mini budget of RM60billion earlier to stimulus the economy. One of the programme in this budget is the Sukuk Simpanan Rakyat 2009 (Islamic Bond). The objective of this bond is to give a chance to people to earn some income during this economy crisis period, where most of the people not dare to invest in equity.
This bond is opened for all Malaysian above 21 year old, and the minimum investment is RM1,000, while the maximum investment is RM50,000 per investor. The bond will be launched at 14 May 2009, but the offer period is from 14 April 2009 to 13 May 2009. The agent for this offer will be all the commercial banks, including Bank Islam, Bank Simpanan Nasional (BSN), and Bank Pertanian Malaysia. Commercial banks are banks like Maybank, Public Bank, CIMB Bank, EON Bank, Ambank, RHB Bank and so forth.
The maturity period of this bond is 3 years from the issue date. Interest will be paid out quarterly with 5% interest per annum. This means that if you invest RM1,000 into it, you will receive RM12.50 every quarter, until the bond is matured after 3 years. After 3 years, you will get back your initial investment, which is RM1,000. So, in total you will receive RM150 of interest during these 3 years.
For more detailed, you can refer to the Bank Negara website:
Feature: http://www.bnm.gov.my/index.php?ch=226&pg=731&ac=672
FAQ: http://www.bnm.gov.my/index.php?ch=226&pg=731&ac=674
Personally thinking, this bond is suitable for those who not able to take risk at all. At this time, bond with 5% is really not bad, as the Fixed Deposits interest rate now is only 2.5% per annum. However, during this economy crisis, stocks market has dropped quite a lot, and most of the stocks now are at fair value level, and some even are undervalued. For those who can bear the risk and looking for higher return, should consider to invest in equity instead of this bond.
This bond is opened for all Malaysian above 21 year old, and the minimum investment is RM1,000, while the maximum investment is RM50,000 per investor. The bond will be launched at 14 May 2009, but the offer period is from 14 April 2009 to 13 May 2009. The agent for this offer will be all the commercial banks, including Bank Islam, Bank Simpanan Nasional (BSN), and Bank Pertanian Malaysia. Commercial banks are banks like Maybank, Public Bank, CIMB Bank, EON Bank, Ambank, RHB Bank and so forth.
The maturity period of this bond is 3 years from the issue date. Interest will be paid out quarterly with 5% interest per annum. This means that if you invest RM1,000 into it, you will receive RM12.50 every quarter, until the bond is matured after 3 years. After 3 years, you will get back your initial investment, which is RM1,000. So, in total you will receive RM150 of interest during these 3 years.
For more detailed, you can refer to the Bank Negara website:
Feature: http://www.bnm.gov.my/index.php?ch=226&pg=731&ac=672
FAQ: http://www.bnm.gov.my/index.php?ch=226&pg=731&ac=674
Personally thinking, this bond is suitable for those who not able to take risk at all. At this time, bond with 5% is really not bad, as the Fixed Deposits interest rate now is only 2.5% per annum. However, during this economy crisis, stocks market has dropped quite a lot, and most of the stocks now are at fair value level, and some even are undervalued. For those who can bear the risk and looking for higher return, should consider to invest in equity instead of this bond.
Subscribe to:
Posts (Atom)