I’m a Fresh Graduate in Malaysia. How Should I Manage My Salary Wisely?
So, you graduated and landed yourself your first real job. | KCLau.com
Lately, I read Morgan Housel’s third book – “The Art of Spending Money”. Personally, I was hoping to find new interesting stories in his book as Housel had written quite a lot of them in his previous two books – “The Psychology of Money” and “Same as Ever”. True enough, his stories are plentiful and […]| KCLau.com
So, you graduated and landed yourself your first real job. | KCLau.com
“Savers are Losers” It’s a comment by Robert Kiyosaki, best-selling author of Rich Dad Poor Dad. And, like many provoking thoughts, it sparked a debate among personal finance enthusiasts. Such occurs because it is conventional wisdom to “save money”. So, what is the context behind Kiyosaki’s statement? Are savers really losers? What are my personal […]| KCLau.com
One of the reasons to invest in stocks is to earn dividends. Presently, many hold a view – “The higher its dividend yield, the better a stock is for investment for the long-term”. It’s simple math. If you invest RM10,000 into a stock that offers 3% in dividend yield, you’ll earn RM300 in annual dividends. […]| KCLau.com
Dividend investing is simple. | KCLau.com
As movement restrictions had been lifted, I had started travelling both locally & abroad. I’ll compare hotel room rates at both Booking.com and Agoda to search for the best possible deals before booking them. Little did I know that these are actually owned by the same parent company: Booking Holding Inc. Today, it has a market capitalisation of US$ 180+ billion, making it one of the fastest growing online providers of travel-related services in the world. Here, I’ll make a list of 6 thing...| KCLau.com
Last week, I was in Singapore for a short vacation. I read “Same as Ever” which is yet another insightful book by Morgan Housel as I rode on buses and MRTs. It consists of 23 short stories that offer lessons on risk and opportunities. Here, as a financial educator, I’ll list down 5 key insights that are relevant to us in the key areas of personal finance, investing and portfolio building. They are as follows: | KCLau.com
I first read “Same as Ever” by Morgan Housel at the end of 2023. | KCLau.com
Here is a case study: | KCLau.com
Ideally, as investors, we should first assess a stock’s fundamentals before investing. Such would include understanding its business model, financial results and growth plans. However, as we all have busy schedules and would prefer our time to be spent on other activities: work, health, and family, we may use screeners to sift through thousands of stocks to find a dozen few that meet a list of criteria, which may fulfill our “wants” for a stock. | KCLau.com
Today, many continue to prioritise “price” over “quality” when it comes to stock investing. | KCLau.com
Recently, I read and studied the investment letters of Fundsmith. | KCLau.com
Darden Restaurants Inc (Darden) owns and operates branded restaurants in the US. As I write, Darden has a market capitalisation of US$ 17.4 billion. If this is to be converted into Ringgit, the size of Darden is comparable with Public Bank. As an ever-developing investor, I’d studied and would like to list down 5 things that I learnt about Darden. They are as follows: | KCLau.com
The Perak Academy is a non-profit body which organizes projects and activities involving intellectual discourse, research, writing, fine arts and performing arts. It organizes the popular ‘Perak Lectures” series with speakers of national and international standing invited to speak on a variety of topics aimed at stimulating and disseminating intellectual discussion. Below is a reproduction of a recent talk delivered to the Academy by Mr Koon Yew Yin. | KCLau.com
Let’s say, you are in your late 50s, 60s, or 70s today. | KCLau.com
This is the story of a boy born in a middle class who started investing with a few thousand dollars and become the world’s richest investor still living today. Imagine getting more than US$500 million MONTHLY passive income! This is Warren Buffett.| KCLau.com
Let me tell you a story about the time when a college kid asked Buffett for the #1 advice on how to get rich.| KCLau.com
