Ringgit and Sense

Private equity can smoothen the succession planning process.See omnystudio.com/listener for privacy information.

How much of your income should go to servicing a property purchase? Also: What does 2017 hold?See omnystudio.com/listener for privacy information.

Aaron Tang aka Mr Stingy sifts through some financial ideas that stand out in these times.See omnystudio.com/listener for privacy information.

Liew Ooi Hann doesn't hide his excitement about the future of cash.See omnystudio.com/listener for privacy information.

Iris Lee suggests no-spend weekends and learning something new (like ETFs).See omnystudio.com/listener for privacy information.

We take a few calls as well as ask Joyce Chuah about her 2017 financial resolutions.See omnystudio.com/listener for privacy information.

Bose Dasan finds a new excuse for the Sdn Bhd gospel.See omnystudio.com/listener for privacy information.

While many things in life are not free, adjusting your lifestyle and savings is a small price to pay to secure a better retirement. Tunku Ali Zakri Alias, Deputy CEO of Strategy for EPF tells us more. See omnystudio.com/listener for privacy information.

There are some pretty good reasons why commodities need not be in your portfolio. See omnystudio.com/listener for privacy information.

Your body is an income earning machine so take care of it.See omnystudio.com/listener for privacy information.

Retirement and the Ringgit are in the minds of callers in this episode of Ringgit Ring-InSee omnystudio.com/listener for privacy information.

We explore in more detail what goes into a credit score and why you should get one.See omnystudio.com/listener for privacy information.

Longevity presents greater challenges for retirement planning; you would be left with less money to spread over more years. How can we deal with this?See omnystudio.com/listener for privacy information.

We revisit how ETFs can disrupt entrenched ideas about investing.See omnystudio.com/listener for privacy information.

The decision to be taxed as an individual or a LLC (Limited Liability Company) has various implications & factors to consider, which with proper evaluation can help reduce your tax bill. We weigh the pros & cons of operating your business as a sole proprietorship or an LLC against differing tax brackets and added costs of incorporating a business.See omnystudio.com/listener for privacy information.

Rajen Devadason relates to us some financial planning lessons he learned from his mother who passed away recently.They are:    -Always overdeliver - never shortchange people   -Watch your money like a hawk   -Charity begins at home   -But it doesn’t stop there   -Never stop reading for enjoyment and edificationSee omnystudio.com/listener for privacy information.

There are specific reasons why you should or shouldn't invest in gold but one reason to do it is the possibility raising emergency cash from it. This is also the basis of the syrariah-based pawnbroking business.See omnystudio.com/listener for privacy information.

Rajen Devadason is the CEO of corporate consultancy RD Wealth Creation, and is also a Securities Commission-licensed financial planner with Manulife Asset Management Services. He answers some of your personal finance questions on Ringgit Ring-In: Should I get a credit card? Is cash the best hedge for inflation?How to make Gen-Ys care about saving for retirement?What to do if you have no savings after working for a year?If you had RM500,000, what is the best way to invest?See omnystudio.com/listener for privacy information.

We try to get a verdict on which home broadband package gives the best value for money.See omnystudio.com/listener for privacy information.

We give the controversial developers' housing loan scheme a financial planning treatment where we found voices of both dissent and support. See omnystudio.com/listener for privacy information.

Borrowing to invest isn't always financial planning heresy.See omnystudio.com/listener for privacy information.

We look into how much money reward and loyalty programmes save you as well as satisfy a curiosity of how they work. Hint: it's a win-win.See omnystudio.com/listener for privacy information.

Some of the more interesting questions that came through on Ringgit Ring-In: What does a 30 year old do with RM200k? Is it worth it to pay 7.5% on personal loans? Will the stock market make me rich?See omnystudio.com/listener for privacy information.

We talk to Gen-Y blogger AaronTang or Mr Stingy again, this time about his thinking of why he bought a used rather than a new car. We also explore technological factors that give us smooth transportation without a prestige loss.See omnystudio.com/listener for privacy information.

Rajen Devadason opens a path for super conservative investors who are crippled by fears of volatility in the current market environment to build their wealth.See omnystudio.com/listener for privacy information.

The debate right now is whether peddlers of financial products should be paid a commission for a sale or fees for giving advice. The advocates of the fee model say that it removes conflicts from advice which in the long term is better for your financial goals.See omnystudio.com/listener for privacy information.

Some questions from this session of Ringgit Ring-in: How should one take advantage of EPF's removal of the 30% foreign investment limit for approved unit trust funds? How should I invest the RM1 million I have in my retirement years? How should I invest if I have zero-risk tolerance? What's the difference between unit trust and stock market investing?See omnystudio.com/listener for privacy information.

The Employees Provident Fund's (EPF) will open the new Shariah-compliant savings scheme for registration on Aug 8, 2016. RM100b will be offered for this scheme on a first-come-first-served basis. EPF says that this scheme is “Open to all who are required and eligible to contribute regardless of religion, race and nationality.” We look into factors you should consider in making this decision.See omnystudio.com/listener for privacy information.

The internet economy is alive and kicking and the future looks good for people looking for alternative ways of making money that is beyond the standard employment contract. Grab and Uber are the most popular ride-sharing apps which offer an option for stable incomes for driver.See omnystudio.com/listener for privacy information.

Should Malaysians studying in the UK buy the pound now? Should anyone buy the pound now? Also: The financial planner's views on shopping addictionSee omnystudio.com/listener for privacy information.

What does it mean to have a career change of mind? And what does it mean to have it in the middle of a bonded study debt of RM58,000?See omnystudio.com/listener for privacy information.

Can you be your own insurance agent? Cost savings would be a very compelling reason to do it -- the more you save, the more flexibility you have in managing your finances. However, it's important to also consider if you’ll lose out on good advice without an insurance agent. Jared Lim, Managing Director of Loanstreet.com.my talks us through both sides of the argument.See omnystudio.com/listener for privacy information.

Data plans for our smartphones have become a fixed and unavoidable spend. We look into some ways on how to have more bang for your data buck.See omnystudio.com/listener for privacy information.

We can find a lot of wisdom in old sayings. Idioms like ‘money makes money’ and ‘save first and spend later’ come to mind. Today we talk about “Cash, capital and courage” where we dig deeper into how some of these age-old ideas can lead to financial freedom.See omnystudio.com/listener for privacy information.

How real is over-insuring? I've lost all my profits in the short term, should I abandon the idea that investing should be long term? Are FDs the way to financial freedom? What are the advantages of ETF investing and how to do it?See omnystudio.com/listener for privacy information.

Insurance policies are too important to not understand what they are all about. We fulfil your burning desire to know what exactly is meant by terms like term insurance, whole-life, endowment, investment-linked and riders.See omnystudio.com/listener for privacy information.

Detailing all your expenses and deciding whether you can cut the list down is not stating the obvious in this age of conspicuous consumption and living beyond your means.See omnystudio.com/listener for privacy information.

It's well known that education can cost a lifetime of savings. The inconvenient truth to this is that parents risk under-funding their retirement.See omnystudio.com/listener for privacy information.

In Ringgit Ring-In, your personal financial questions are addressed by a qualified financial planner. This episode we answer questions about savings versus investing, and how under-30s can get on the property ladder.See omnystudio.com/listener for privacy information.

General insurance is often overlooked as the main focus is usually on life insurance. This is risky since healthcare risks and costs are rising. We also explore how you can get coverage for an inability to service home loans.See omnystudio.com/listener for privacy information.

Starting the savings habit young is an undeniable advantage but understanding why that is needed takes it one step further.See omnystudio.com/listener for privacy information.

In this episode of our call in show, it's all about insurance. What is the right coverage amount? Should we insure for children and children's education? What is the lowdown on investment-linked policies?See omnystudio.com/listener for privacy information.

We bring the fashion discussion from last week further to talk about the role of casual Fridays, uniforms and updates on our wallets.See omnystudio.com/listener for privacy information.

Developments in fast fashion has liberated our wallets but is it just a case of buying cheap clothes or are there other considerations? Azura Rahman from BFM's Style File tells us how to do it.See omnystudio.com/listener for privacy information.

Your lifetime income is equal to what you spend on core goals and money wasted on things that take us further away from those goals. The equation gives us a big picture of the things that matter in life. Rajen also shows us how to estimate our lifetime income quickly.See omnystudio.com/listener for privacy information.

The government recently in the revised budget reduced employee EPF contribution from 11% to 3% of salaries. We get the lowdown of whether this reduced EPF contribution raises payable taxes. See omnystudio.com/listener for privacy information.

In Ringgit Ring-In, your personal financial questions are addressed by a qualified financial planner. This episode we answer questions about EPF, PRS and their returns.See omnystudio.com/listener for privacy information.

The revised budget recently cut employee contribution to EPF by 3% points. This is an opt-out policy, which means that you’re assumed to be in this programme unless you sign out of it. We explore some financial planning aspects of this decision.See omnystudio.com/listener for privacy information.

What has come together let no one put asunder, so the saying goes. But if it goes asunder then it is practical to know how financial assets are split in a divorce or legal separation. See omnystudio.com/listener for privacy information.

What if you had some amount of retirement money? How can you invest it in such a way that wouldn't tie up your funds so that you can have a regular income?   Or what if you had a property worth a lot of money? How can you use that to fund your retirement and at the same time continue to live in your home?   Deferred annuities and reverse mortgages are not products that are heard often in Malaysia.See omnystudio.com/listener for privacy information.