Get your peace of mind. Quickly see a Financial Doctor!
For further diagnosis, contact NICKG at gloriouscash@live.com
Sunday, April 25, 2010
CANCER of the WALLET
Get your peace of mind. Quickly see a Financial Doctor!
For further diagnosis, contact NICKG at gloriouscash@live.com
Saturday, April 24, 2010
INFLATION UP FOR 4th STRAIGHT MONTH
INFLATION is RISING = PRICES is RISING.
Is your $$$ growing on par with inflation or faster? If not, it means your $$$ is shrinking.
We @ NICKG can help. Contact us at gloriouscash@live.com TODAY
The STAR (Saturday April 24, 2010)
Inflation rose for a fourth straight month in March, with consumer prices rising across the board led by increases in food prices and utility bills.
The Statistics Department yesterday said the consumer price index (CPI) climbed 1.3% in March to 111.7 from a year ago after it climbed 1.2% in February.
The index was flat compared with February.
A median forecast in a Bloomberg survey of 15 economists had expected a 1.5% increase.
Food prices, which accounted for 31% of Malaysia’s inflation index, rose 1.7% in March, while the cost of housing, water, electricity, gas and others fuels rose 1%, the report said.
The only category that saw a decrease in prices was clothing and footwear.
The tame inflation number could also have been influenced by the ringgit’s recent strength, which helped lower the cost of imported goods.
The ringgit had appreciated 4% against the US dollar since Bank Negara raised its overnight policy rate (OPR) on March 15.
The local currency gained 7% against the euro and yen during the same period.
Policymakers are scheduled to meet on May 13 to decide on the OPR.
Rising prices, albeit at a benign pace, may give room for policymakers to “normalise” interest rate, as the economic recovery picks up.
Is your $$$ growing on par with inflation or faster? If not, it means your $$$ is shrinking.
The STAR (Saturday April 24, 2010)
Inflation rose for a fourth straight month in March, with consumer prices rising across the board led by increases in food prices and utility bills.
The Statistics Department yesterday said the consumer price index (CPI) climbed 1.3% in March to 111.7 from a year ago after it climbed 1.2% in February.
The index was flat compared with February.
A median forecast in a Bloomberg survey of 15 economists had expected a 1.5% increase.
Food prices, which accounted for 31% of Malaysia’s inflation index, rose 1.7% in March, while the cost of housing, water, electricity, gas and others fuels rose 1%, the report said.
The only category that saw a decrease in prices was clothing and footwear.
The tame inflation number could also have been influenced by the ringgit’s recent strength, which helped lower the cost of imported goods.
The ringgit had appreciated 4% against the US dollar since Bank Negara raised its overnight policy rate (OPR) on March 15.
The local currency gained 7% against the euro and yen during the same period.
Policymakers are scheduled to meet on May 13 to decide on the OPR.
Rising prices, albeit at a benign pace, may give room for policymakers to “normalise” interest rate, as the economic recovery picks up.
Thursday, April 22, 2010
Adding STRENGTH to STRATEGY
Read the poster. Need I say more?
TAKE ACTION TODAY! Contact NICKG Advisory Services at gloriouscash@live.com
Tuesday, April 20, 2010
INVESTMENT IS SCARY
What is investment to you?
- adrenalin rush (opportunity to be rambo) or scared out of your wits?
- investor or trader?
- only people with abundance of $ should participate?
- not a clue!
- Knowledge via Education
- Goal (when, how, wher...e, what)
- Risk Management Strategy
Thursday, April 15, 2010
Education PLAN or Education FUND ?
Are you confused within the two? Most people are.
Contact us @ NICKG Advisory Services (gloriouscash@live.com) for further assistance
- Education PLAN - is a policy to create education fund. The child is already borned before education plan/policy can be created
- Education FUND - money for education, created via whatever method. Can be created even though child is yet unborn
Are you looking to buy education POLICY or create education FUND?
Wednesday, April 14, 2010
Need Help?
Food for Thought. The reason for the existence of NICKG Advisory Services.
We're here to HELP
INFLATED OR DEFLATED?
Know the word. Understand the consequences! It is the other only certainty in life besides DEATH .
How many types of inflation are there? Malaysian economy's inflation and .......?
MOST Important is to know your personal inflation!
Is your expenses spiralling out of control? Are your finances/funds shrinking aft...er being factored with inflation?
For more information on how to BATTLE inflation MORE EFFECTIVELY, contact NICKG Advisory Services.
How many types of inflation are there? Malaysian economy's inflation and .......?
MOST Important is to know your personal inflation!
Is your expenses spiralling out of control? Are your finances/funds shrinking aft...er being factored with inflation?
For more information on how to BATTLE inflation MORE EFFECTIVELY, contact NICKG Advisory Services.
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