DISCOVER the Road to Financial FREEDOM!

The first half year was a tough one for stock market investors and the bad news is that most people believe it won’t get easier any time soon.

The Kuala Lumpur Stock Exchange Index-probably the most watched stock index in Malaysia- has dropped 22% this year. A 20% decline is widely considered by analyst as the start of a so-called Bear Market!

Malaysia‘s financial markets were in Full Uncertainty with the following below events to be unfold(which is Good for Swing Trader)

·        26 August – Permatang Pauh by-Election

·        29 August – Badawi’s Budget

·        16 September -The deadline for Pakatan Rakyat(PR) to take over the Federal Government.

·        20 September – Anwar-Sodomy Court case

Despite uncertainty outlook for Wall Street, troubling political developments and global equities, companies are still making money. People still smoke, drink and eat. Maybe even more during this period!

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Best advice: I would rather Keep Cash!

October is one of the Worst Months to Play the Stock Market. Other Bad Months are: July, January, September, April, November, May, March, June, December, August And February

–Mark Twain

If you use credit cards wisely, it is a very POWERFUL wealth-building tool! Try to use credit cards for every single possible purchase.

By using credit cards you gain…

• Interest free loan

When you buy a product using your credit card, you will only be billed for it at the end of the month. You got to use or take your purchase back without paying cash until your bank statement arrived. It allow you to postpone the payment of your bills free from any interest if payment is made before the due date. All retail transactions will enjoyed an Interest-Free Period of at least 20 days from posting date of such transactions. This is maybe why T.Harv Eker, author of Secrets of the Millionaire Mind, use this as a business start up capital!

• Bonus Reward(One  dollars for every points)

For every purchase you make on your credit cards, it will earn you bonus reward points which you can use to redeem for free products and services like camera, hand phone, bags, retail, shopping and dining vouchers, saving you Even More MONEY.

• A monthly statement that Consolidates all your Spending

Every month, the credit card company will tabulate for you the total spending for the month, making it easy for you to track your total expenditure. So it CAN become a FREE Money Management Tool. I use one card for petrol expenses and the other card for utility and daily spending. You save time and money as it not necessary to learn or buy Expensive Money Management software.

However, you MUST ALWAYS PAY THE OUTSTANDING BALANCE in full balance Every month. By this way. the bank does not earn a cent off you, but you get the Three Great benefits mentioned above. This is what I do and that is why my bankers CANNOT promote their Balance Transfer programme to me.

Research showed an average Only one-third of cardholders settle their outstanding amount in full every month.

SO USE YOUR CREDIT CARDS WISE & DO NOT  FALL INTO CREDIT CARDS DEBT. Don’t forget to pay your credit cards’ bills before the due date.