• gambling, world cup, house edge, roulette, odds

    Gambling And Your Chances Of Making Money

    Any choice that is taken based on the probability of an outcome of some future event is called a gamble. As such, the term also refers to actions that are not traditionally known to be gambles; actions like investing in properties, bonds, insurances etc. This article serves to analyse the parallels between gambling games and investments   Continue reading...

  • renovation loan, top up loan, refinance loan, renovation, loan

    Renovation, Top-Up And Refinancing Loans Explained

    Home refinancing is generally the cheapest form of financing available to home owners. But the term “refinancing” has been used quite loosely in sales and marketing speak, leading to certain misconceptions as to what it really is. This article explains what “refinancing” is in the true sense of the word, and discusses related products such as Renovation Loans and Top-Up Loans.   Continue reading...

  • BNM, blr, base lending rate, bank negara, interest rate

    How Bank Negara Malaysia Affects Your Loan Pricing

    Property owners and potential home buyers have been known to partake in coffee shop discussions about Base Lending Rate (BLR), and how the government should lower it to make property ownership more affordable. Before you start ranting about how the government is to blame, there are two essential things to understand – firstly, what is BLR and how it is determined, and secondly, that effective 2015, BLR will be replaced by a whole new reference rate framework for pricing loans. To gain a better understanding on the whole matter, we have to get a little technical. Let’s explore.   Continue reading...

  • bitcoin, dodgecoin, cryptocurrencies, virtual currency

    Making Sense Of Cryptocurrencies

    The recent global media interest in Bitcoin – and cryptocurrencies as a whole – was sparked by a series of seemingly negative news stories concerning the use of cryptocurrencies as payment for illegal actions and trade, as well as the implosion of some key players in the Bitcoin industry (especially the failure of Mt. Gox, one of the largest Bitcoin exchanges). Despite the adverse media exposure, however, the prices of Bitcoin have increased well beyond USD500 per unit as of today (1 June 2014), and may continue to rise even further. This makes the price of a Bitcoin very close to half the value of 1 ounce of gold.   Continue reading...