We need to look at the small things we spend our money on ‘unconsciously’ every day

Financial Snacks by Lee Mun Wai

What has a cup of coffee made with espresso and steamed milk got to do with your finances? Actually, nothing! However, LEE MUN WAI wants to introduce you the “Latte Factor” which has everything to do with your finances.

THE “Latte Factor” is based on an extremely simple concept − we need to look at the small things we spend our money on unconsciously' every day and redirect that spending to enrich ourselves.

Putting aside that odd ringgit or two a day for your future instead of spending it on purchases such as expensive lattes, bottled mineral water, cigarettes, too much alcohol, magazines that you don't read, and handbags that are kept in the cupboards, you'll be amazed the difference your latte factor can make between accumulating wealth and living from paycheck to paycheck.

We often don't even realise how much we are actually spending on these little purchases. If we did think about it and changed our habits just a tad, we could actually change our destiny.

Just to prove the point, let's assume we manage to redirect RM10 every day. That's RM300 a month into our special Latte Account for the next 30 years. Assuming an interest rate of 6% per annum, we will have in excess of RM300,000 in our account!

Get your Latte Account working just a little harder by setting up a well-constructed and efficiently managed investment portfolio to return you 12% p.a., you will amazingly become a millionaire in the next 30 years! 

Are you surprised?

Do this for the next one week. Identify your actual “Latte Factor” by tracking your daily spending in detail and then calculate just how much you could save in a few years.

The “Latte Factor” is not rocket science; it just makes good financial sense. This simple exercise can possibly be life-changing. It all adds up, so start checking out on your lattes today with your financial planner.

Source: http://biz.thestar.com.my/news/story.asp?file=/2013/4/15/business/12967140&sec=business

Clement Jouling ialah Perunding Unit Amanah berlesen (Licensed Unit Trust Consultant). Sekiranya anda berminat untuk mengetahui lebih lanjut tentang pelaburan unit amanah, boleh hubungi beliau terutamanya buat anda yang berada di Kota Kinabalu dan sekitarnya.

Warren Buffet’s advice

 

After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett. Source:Forbes 

His advice to young people: “Stay away from credit cards (bank loans) and invest in yourself and remember:

A.      Money doesn’t create man but it is the man who created money. 

B.      Live your life as simple as you are. 

C.      Don’t do what others say, just listen them, but do what you feel good. 

D.      Don’t go on brand name; just wear those things in which you feel comfortable.

E.      Don’t waste your money on unnecessary things; just spend on them who really in need rather. 

F.      After all it’s your life then why give chance to others to rule our life.”  “The HAPPIEST people DO NOT necessarily have the BEST of all. They simply APPRECIATE what they find on their way” .

 

"Start investing today for your better financial freedom tomorrow"

Warren's biography: http://www.biography.com/people/warren-buffett-9230729

Ringgit Cost Averaging (RCA)

Ringgit Cost Averaging @ Pemurataan Kos Ringgit

RCA adalah satu teknik pelaburan yang digunakan untuk mengurangkan pendedahan kepada risiko pelaburan berjumlah besar. Ia dilaksanakan melalui pelaburan satu jumlah tetap pada waktu tempoh tetap ( samada bulanan atau suku tahunan) tanpa menghiraukan harga unit ketika itu.

Contohnya, pelabur boleh memilih untuk membuat pemotongan gaji terus / Standing Instruction sebanyak RM200 atau RM300 ke dalam akaun dana unit amanah anda. Bagi para pelabur wang simpanan KWSP pula, pelabur memilih untuk membuat pelaburan setiap suku tahunan mengikut jumlah kelayakan sebagai contoh RM5,000 atau RM10,000.

Jumlah dan kekerapan pelaburan walaubagaimanapun bergantung kepada kemampuan kewangan dan matlamat kewangan masa depan anda.

Bagaimana RCA berfungsi?

Lebih banyak unit dibeli apabila harga rendah dan kurang unit dibeli semasa harga melambung tinggi. Walaupun ia adalah satu teknik pelaburan yang efektif dan berkesan kerana pelabur mengumpul unit bagi pelaburan mereka. Oleh itu, pelabur dinasihatkan untuk memilih jumlah yang dirasakan selesa untuk melabur di bawah semua keadaan pasaran.

Andaikan anda ingin menyimpan RM12,000 setiap tahun untuk tabung pendidikan anak anda. Selain melaburkannya sekaligus dan menanggung risiko memasuki pasaran tinggi, anda memilih untuk melabur RM1,000 setiap bulan dalam unit amanah seperti dalam jadual di bawah:

Pada akhir hujung tahun, keputusannya begini:

Purata harga seunit sepanjang tempoh adalah RM0.1928 tetapi purata kos seunit anda adalah RM0.1900, ini bermakna pelabur membeli murah 1% dari harga seunit di sepanjang tempoh.

Dan dari RM12,000 yang dilaburkan, kini pelaburan beliau bernilai RM13,692.10 bersamaan dengan keuntungan 12%.

Contoh pengamal RCA?

• Pelabur yang melabur menggunakan wang tunai mengikut amaun yang tetap melalui potongan gaji contohnya RM200/bulan.
• Pelabur yang melabur Unit Amanah menggunakan wang EPF  mengikut amaun yang tetap sekali setiap 3 bulan.

Teruskan pelaburan anda dengan amalam RCA!

Clement Jouling ialah Perunding Unit Amanah berlesen (Licensed Unit Trust Consultant). Sekiranya anda berminat untuk mengetahui lebih lanjut tentang pelaburan unit amanah, boleh hubungi beliau terutamanya buat anda yang berada di Kota Kinabalu dan sekitarnya.

Manfaat melabur dalam unit amanah

 

Clement Jouling ialah Perunding Unit Amanah berlesen (Licensed Unit Trust Consultant). Sekiranya anda berminat untuk mengetahui lebih lanjut tentang pelaburan unit amanah, boleh hubungi beliau terutamanya buat anda yang berada di Kota Kinabalu dan sekitarnya.