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Wednesday, June 30, 2010

Malaysia national debt increased to 50.6% of GDP

According to the reply from Prime Minister Nazib Razak to Taiping MP Nga Kor Ming in the parliament, the latest national debt of Malaysia now stood at RM378.3 billion, or 50.6% of the GDP.

This means that for every citizen in Malaysia, we are bearing a national debt of RM14,000 per person on average.

The national debt has surged by 19.1 billion during the 1st quarter of 2010! Compared with the national debt at RM230 billion when RMK-9 was just began, it has increased by RM148.3 billion within just 5 year! During 1997, our national debt was just 96 billion.

If the national debt continues to grow at a CAGR of 12%, by 2019, it will eventually reach RM1 trillion!

The alarm has already triggered, and the government as well as the citizen must wake up now, if we don't want to repeat the history of what is happening in Greece now!

Sunday, June 27, 2010

Sell your used items for instant money in CA$H CONVERTERS

Wonder what to do with your old PC, old laptop, old printer, old fax machine, old handphone, old television, old CD player, old PlayStation, old camera, old massager, ... after you upgraded them with better, more powerful, latest technology one?

Well, you can probably:

Keep the old one in your storeroom
Give the old one to your friend, relative, neighbour, charity house, etc.
Dispose the old one into recycle bin
Sell the old one for some cash
There are a few ways to sell out used items for cash, including:

Sell to your friend, relative, neighbour, etc. on COD basis
Sell in the Internet auction websites or forums
Sell to a shop

CA$H CONVERTERS is an international franchise dealing with used items. Their retail shops buy used items as well as sell used items.

You can find CA$H CONVERTERS in these 3 Southeast Asia countries:

Singapore - Admiralty, Ang Mo kio, Bedok North, Jurong East and Toa Payoh.
Malaysia - Ampang Point, Klang, Sunway, Taman SEA, Plentong and Sri Selayang.
Thailand - Pattaya
The advantages to sell your used items in CA$H CONVERTERS including:

You are very unlikely to be cheated (compared with selling in Internet and other methods)
You can get rid of your goods and collect the cash right away in the shop
If you are moving house and got a lot of used items to dispose off, you can even call CA$H CONVERTERS to collect them onsite and pay you instantly.

On the other hand, if you don't mind buying 2nd hand or used items, you can probably get some from their shop at a lower price than brand new one.

Click here to visit the website of CA$H CONVERTERS for more information.

Thursday, June 10, 2010

Saving up for retirement

It is important to save up for retirement while you are able to earn an income. When you are gainfully employed, it is advisable to put aside at least 10% of your earnings every month for the golden years ahead. This is to ensure that you will have golden years and not woeful years begging in the streets. I am blessed at this point in time to have a dream job to work at home equipped with a laptop, printer, fax machine, digital camera, scanner and desktop computer. I also have broadband internet connection for unlimited connectivity for a fixed rate. Working at home certainly has its benefits - you can nap anytime when you want to and work anytime when you are ready or in the mood.
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