A Beginner’s Guide: How To Start Investing & Grow Your Wealth

image 7 - A Beginner’s Guide: How To Start Investing & Grow Your Wealth

In this era where everyone across the world is experiencing financial crisis as a result of the outbreak of the Covid-19 pandemic, figuring out how to grow their money and live a stable life financially is really important. Although saving money is crucial, it only tells part of the tale. The first step for wise savers is to accumulate enough emergency funds in a savings account or by investing in a money market fund. You should invest your money if you wish to increase your fortune. You can invest your money in things that have the capacity to generate high rates of return.

Investing can be a terrific way to start saving for retirement or college expenses. It’s best to begin investing as early as you can, preferably now. You lose out on chances to raise your financial value if you don’t invest. While there is always a chance that you could lose money while investing, the likelihood that you will earn money is higher if you choose intelligently than if you never do. This is especially when you invest in the single premium investment-linked insurance policy Malaysia as it will bring a lot of benefits to your life.

It can be really challenging at times when figuring out how to start investing your money and grow your wealth. Worry not, in this article, we’ve got you covered with this beginner’s guide on how to start investing and grow your wealth. Read below to know more. 

image 8 - A Beginner’s Guide: How To Start Investing & Grow Your Wealth
  1. Decide how much to invest

How much you invest will influence many other aspects of your investment plan, including how much you can consistently deposit to your accounts, where to open them, and which assets to buy. Whenever you want to start investing, it’s crucial to create a budget plan. You must list all of your revenue and expenses sources while creating a budget. After that, compile a list of all of your monthly expenses and allocate the money to each one. This way, you can decide how much to invest and how much time you need to reach your investment goal. 

  1. Choose your investment platform

There are “shops” for purchasing and selling stocks and funds. This is what we refer to as investment platforms. You decide what to invest in whether you use a company retirement plan, a traditional or standard investing account. As a beginner, you can experiment with a variety of investments, including mutual funds, equities, bonds, exchange-traded funds, and insurance policies. Whatever investment platforms you choose, it’s critical to comprehend each instrument’s level of risk.

  1. Understand your risk tolerance

You should know your own risk tolerance before you begin investing. This is a technical term for the percentage of your investment that you can actually afford to lose. Stocks, which are a volatile investment, can make some individuals feel quite uneasy when they decrease, which could lead you to sell at the very worst time possible. It will be easier for you to decide whether investments are right for you if you are aware of your risk tolerance.

Keep an eye out for the greatest available solutions for workplace choices

image - Keep an eye out for the greatest available solutions for workplace choices

Office space is extremely costly for small firms, and only a few of company owners can afford it. The idea of hiring serviced office space is a good alternative to leasing a typical office building. This alternative delivers a wide range of substantial advantages, all of which add to the appeal of the option.

In a handy location inside the city

This item is one of the most cost-effective pieces of office furniture currently accessible on the market. This feature has made serviced offices one of the most sought-after choices for businesses, which has led to the surge in popularity of these offices in recent years. The optimal option would thus be to discover an office for rent in Medini Johor.

Renting a serviced office space is an excellent alternative due to the added services included. Although this option may be more costly than renting a standard office space, there are no repair or maintenance costs to consider.

The Organization’s reputation among the general public has been enhanced.

In order to operate a successful business, it is necessary to have an office that is tastefully designed, located in a prominent region, and projects a strong corporate image. Customers, business partners, and employees of the organization will be affected by the building and office expansion.

A variety of factors impact the public perception of a company’s reputation

image 1 - Keep an eye out for the greatest available solutions for workplace choices

One of these components of the work environment that must be examined is its aesthetic attractiveness. A workplace that seems unprofessional will have no positive effect on a company’s reputation. By hiring a serviced office, you may give your firm the impression of professionalism that is important to its success.

A less expensive alternative

The most cost-effective alternative to acquiring or renting office space for your business is to hire a managed workspace.

This service’s reasonable pricing is one of the key reasons for its expanding popularity. When it comes to the administration of a small or medium-sized business, the cost-effectiveness and usability of a solution are two of the most important aspects for business owners to consider.

The vast majority of serviced workplaces have monthly rent payments. You will also be responsible for paying for the services and utilities, in addition to the rent. The establishment of these offices relieves business owners of the stress of having to pay for all of the additional running expenses, which would otherwise need a separate budget.

There is no need for a lengthy commitment.

In the commercial sector, day-to-day activities are dictated by whims and fancies. A business that is now undergoing a major transition has a decent possibility of attaining notable success during the next month. Because of this, the majority of company owners are searching for more adaptable options.

Conclusion

Utilizing a rental space such as this one is an ideal way for a company to enhance its public image without making a substantial financial commitment. Because of this choice, employees are able to focus only on their responsibilities without being distracted by worries about the daily operations and maintenance of the workplace. It is also crucial to note that this option is available at a reasonable price, which has contributed to its growing popularity.

The Benefits And Drawbacks Of Self-Ordering System At Restaurants

Self-ordering kiosks have grown commonplace at casual and fast food restaurants throughout the world in recent years. Independent eateries, on the other hand, have been considerably more cautious and delayed to implement this type of self-serve technology than the McDonald’s of the globe. Now that the COVID-19 epidemic has hit the news, small businesses are reconsidering their self-ordering kiosks. What was formerly seen to be an expensive and impersonal piece of equipment is now recognized as a cost-effective approach to decrease face-to-face interaction while also keeping customers protected from the coronavirus. If you are planning to have your own restaurant self-ordering system in Malaysia, here are a few benefits and drawbacks that you should know.

The Benefits Of Self-Ordering System

Service that is more efficient

Another advantage of self-service booths is that they eliminate the problem of consumers entering your store and leaving if they notice a line at the counter, since they can check out fast and efficiently utilizing the self-service machine instead. This allows you to keep key consumers and avoid losing business to a competition.

More consumers will be served.

Customers usually find self-service kiosks to be faster and more convenient than walking to the counter since one of the primary importance of self kiosks is simplicity of use. This also has the additional benefit of providing a favourable consumer experience, which leads to great word of mouth. If a consumer has a pleasurable interaction with your self-service device, they are more likely to tell others about it, thereby expanding your customer base. Self-service kiosks not only allow for faster and more efficient customer support, but they also change consumer attitudes in a fundamental sense.

Profits will increase.

Despite the initial expenditure required, self-service kiosks provide a financial benefit for your company. Your client base will expand as your image for quick, easy service grows, resulting in extra revenue streams. In comparison to traditional means of service, self-service kiosks have better upselling possibilities, increasing the possibility for greater revenues.

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The Drawbacks Of Self-Ordering System

Customization options are limited.

The bulk of today’s self-ordering kiosk content development platforms offer identical templates with limited customizability, resulting in numerous firms presenting consistent image identities through digital installations. This might be a barrier to self-ordering kiosk adoption, particularly if a business has certain spatial, technological, and branding requirements.

Workers are being displaced.

In an ideal scenario, self-ordering kiosks would increase earnings, allowing the company to reinvest in resources such as its staff while still maintaining a profit margin. In the actual world? If one of the aims is to relocate workers, this should not be considered a disadvantage. Self-ordering kiosks allow personnel to focus on what they do best while allowing technology to do what it does best: optimise resources rather than jeopardise them.

The question of cost.

Spending in the original set and ongoing upkeep of self-ordering kiosks may be a hazardous business unless the return on investment is substantial. One strategy to rationalize the investment is to lower the cost while maintaining the same level of quality. The conventional wisdom holds that providing really satisfying kiosk services that include all of the benefits listed above necessitates bespoke development, therefore costs extra time and money. While this was true in the early days of managed services, today’s modern software systems, such as Intuiface, reduce resource and cost needs while increasing value.

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The Appropriate Limits for the Appropriate Rental Home in Kota Kemuning

In your own house, you get used to the accumulation of clutter over time. However, when we look at a photograph, all of the little details that we normally overlook become apparent. Make sure that everything, including counters, coffee tables, workstations, and other furniture, is as clean as possible. Place tiny things in a cabinet until the picture session is over. Occasionally, when you get home, there is still trash in the house that you are aware does not seem beautiful in the photographs. There’s nothing wrong with keeping a few additional items concealed from sight. Here are the more important aspects that you need to be aware of

Before you begin shooting photos, take a walk around the home

You begin by determining the ideal angles to use and which tiny objects may need to be relocated. Knowing this will assist you in determining the sequence in which you should shoot real estate photographs. In the case of a home for rent in Kota Kemuning, this is very necessary.

OIP - The Appropriate Limits for the Appropriate Rental Home in Kota Kemuning

Make a decision: should the lights be turned on or off?

It is common for a space to become warmer and more inviting when the lights are turned on. However, it introduces a variety of light temperatures. You will need to balance these during post-production; shutting off the lights will give you a consistent, uniform light temperature across the room. However, it often creates a chilly atmosphere in interior photographs. Whatever choice you make, make sure it is followed across the whole home!

Diffuse the situation using flash and bounce

It is important to reflect the light off the wall when you are using a flash on your camera so that it becomes soft. If we point the flash of the camera straight into a room, we will end up with a center that is much too bright. Adjust the flash such that it bounces off a wall behind you, the ceiling immediately above you, or even one of the side walls of your room. In this manner, you allow the light to spread into the room, resulting in a more consistent picture. In addition, we suggest that you use your flash in manual mode. We start with a 1/16th scale and work my way up from there, if necessary.

Shooting upright will result in less distortion.

When shooting from various perspectives, be careful to maintain the camera straight. This helps to avoid distortion. Keep tilting the camera slightly up or down, and you will see that the vertical lines begin to distort as a result. They will distort in either a clockwise or counterclockwise motion. When photographing real estate, a height of 150 cm is recommended. Even though every house is unique, this is the overall height that seems to be the most natural and balanced. The danger of going too high is that the ceiling becomes visible and the livable area becomes inadequately illuminated. The danger of going too low is that the viewer will see too much of the furnishings and not enough of the real room.

Kerajaan Masih Beri Perhatian Pendapat Badan Peguam – Najib

KUALA LUMPUR, 26 Sept – Datuk Seri Najib Tun Razak berkata Badan Peguam Malaysia tetap menjadi rakan penting dalam kedaulatan undang-undang dan pentadbiran keadilan negara walaupun kerajaan tidak semestinya sentiasa bersetuju dengan pandangan dan beberapa aktiviti yang dijalankan badan itu.

Related: Anwar : Pas tidak boleh diharap – Mohammad Fairuz

najib1y - Kerajaan Masih Beri Perhatian Pendapat Badan Peguam - Najib

PERDANA Menteri Datuk Seri Najib Razak menyampaikan ucapan perasmian Persidangan Undang-Undang Antarabangsa Malaysia 2012 (ILMC 2012) di Plenary Hall, Pusat Konvensyen Kuala Lumpur (KLCC) di ibu negara, pagi ini.

Perdana Menteri berkata walaupun sesekali ada perbalahan atau pertelingkahan dalam politik dan profesion undang-undang, kerajaan masih mendengar apa yang diperkatakan badan itu dan memberi perhatian kepada apa yang mereka lakukan.

“Kita mungkin adakalanya membuat lawak mengenai peguam, tapi mereka bagaimanapun mempunyai peranan yang unik dan penting di negara ini,” kata Najib pada Persidangan Antarabangsa Undang-Undang Malaysia 2012, di sini pada Rabu.

Bagaimanapun Najib berkata beliau sedar bahawa sesetengah pengamal undang-undang, terutama mereka yang di dalam komuniti hak asasi manusia, masih memilih untuk melihat dengan pandangan yang berbeza dari perspektif berlainan, walaupun kemajuan dalam undang-undang secara beransur-ansur telah diperkenal kerajaan sejak setahun lepas.

Related: Kelas peralihan dimansuh 2017 – Muhyiddin



“Kepada mereka saya ingin katakan: Adalah lebih mudah untuk meruntuhkan sesuatu daripada membinanya. Seperti Rom yang tidak dibangunkan dalam sehari, pembinaan sebuah negara Malaysia yang adil, saksama dan demokratik tidak boleh dicapai semalaman,” katanya.

– BERNAMA

Ekspo Malaysiaku Di PWTC Pada 5 Okt

PUTRAJAYA, 24 Sep – Unit Perancang Ekonomi, Jabatan Perdana Menteri akan menganjurkan Ekspo MalaysiaKu 2012 di Pusat Dagangan Dunia Putra (PWTC) di Kuala Lumpur pada 5 Okt depan.

Related: Anwar : Pas tidak boleh diharap – Mohammad Fairuz

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Ekspo tiga hari itu yang bertema ‘Tanah Air Yang Dirahmati’ dibuka kepada orang ramai mulai 10 pagi hingga 7 malam.

Menteri di Jabatan Perdana Menteri Tan Sri Nor Mohamed Yakcop berkata ekspo itu bertujuan memberi peluang kepada rakyat untuk menghayati pembangunan negara sejak awal kemerdekaan sehingga kini.

“Ekspo ini bakal mengetengahkan pameran dalam bentuk audio visual dan grafik yang berlatarbelakangkan pembangunan sosio-ekonomi negara mengikut dekad,” katanya pada majlis prapelancaran dan logo ekspo itu di sini, Isnin.

Beliau berkata pameran itu turut menampilkan pelbagai perspektif kehidupan generasi lampau yang dibelenggui kemiskinan dan keperitan hidup kesan daripada pembangunan terhad.

Related: Kelas peralihan dimansuh 2017 – Muhyiddin

Selain itu, para pengunjung juga berpeluang menyaksikan persembahan teater dan menyertai `game show’ serta dihiburkan artis-artis terkemuka.



– BERNAMA

Pencapaian ETP Tahun Lepas Menggalakkan Dengan PNK Capai RM830 Bilion

KUALA LUMPUR, 24 Sept – Pencapaian Program Transformasi Ekonomi (ETP) bagi tahun lepas amat menggalakkan dengan Pendapatan Negara Kasar (PNK) mencapai sebanyak RM830 bilion berbanding sasaran RM797 bilion.

b8eb0ec340ec13642fa3a1d8ef537779 - Pencapaian ETP Tahun Lepas Menggalakkan Dengan PNK Capai RM830 Bilion

Timbalan Menteri di Jabatan Perdana Menteri SK Devamani berkata pelaburan sektor swasta juga berjaya mencapai RM94 bilion berbanding sasaran RM83 bilion.


Beliau berkata pertumbuhan ekonomi Malaysia turut berada dalam paras yang baik pada suku tahun pertama 2012, pada kedudukan 4.7 peratus.

“Pencapaian ekonomi Malaysia untuk suku pertama dikira cantik berbanding negara lain seperti Singapura (1.4 peratus), Korea Selatan (2.8 peratus), Taiwan dan Hong Kong (0.4 peratus),” kata beliau ketika menjawab soalan Datuk Seri Tiong King Sing (BN-Bintulu) di Dewan Rakyat di sini pada Isnin.

Fong ingin tahu pencapaian yang dikecapi melalui ETP dalam memastikan rakyat menikmati kestabilan ekonomi dan ekonomi negara sentiasa berdaya saing dalam ekonomi global.

– BERNAMA

Karnival Kerjaya Pemuda BN Di Dataran Senawang

Pengerusi penganjur karnival itu, Nazir Hussin Akhtar Hussin berkata program dari pukul 10 pagi hingga 5 petang itu bertujuan membantu golongan belia mengisi jawatan yang ditawarkan oleh lebih 70 majikan dari sektor awam dan swasta.

Related: Anwar : Pas tidak boleh diharap – Mohammad Fairuz

“Program dua hari itu menawarkan perkhidmatan percuma bagi membolehkan pencari kerja memilih dan memohon kerja yang sesuai,” katanya di sini, Jumaat.

Katanya semua tawaran kerja pada karnival itu berdasarkan kepada kekosongan jawatan dan perlu melalui proses temuduga.

Related: Kelas peralihan dimansuh 2017 – Muhyiddin

Program itu terbuka kepada golongan siswazah, penganggur dan lepasan sekolah, katanya.

– BERNAMA

Perolehan Kerajaan Melebihi RM200 Bilion Tahun Ini

KUALA LUMPUR, 12 Sept – Kerajaan dijangka meraih perolehan lebih daripada RM200 bilion tahun ini, melepasi sasaran awal sebanyak RM187 bilion, kata Timbalan Menteri Kewangan Datuk Donald Lim Siang Chai.

Related: Anwar : Pas tidak boleh diharap – Mohammad Fairuz

DonaldLim - Perolehan Kerajaan Melebihi RM200 Bilion Tahun Ini

Beliau berkata pendapatan tambahan itu akan membolehkan kerajaan menambah bantuan kewangan kepada rakyat, seperti cadangan edisi kedua Bantuan Rakyat 1Malaysia (BR1M) pada Bajet 2013.

Beliau berkata sehingga Jun 2012, Perbendaharaan merekodkan perolehan berjumlah RM99 bilion.

“Peningkatan itu sebahagian besarnya hasil daripada kutipan cukai yang dipertingkat, sumbangan yang lebih tinggi daripada Jabatan Kastam Diraja Malaysia serta pertumbuhan transaksi hartanah.

Related: Kelas peralihan dimansuh 2017 – Muhyiddin

“Pihak berkuasa akan terus membanteras aktiviti haram seperti penyeludupan yang akan menambah pendapatan kerajaan,” kata Lim kepada pemberita selepas melancarkan Sidang Kemuncak CFO (Ketua Pegawai Kewangan) 2012, di sini Rabu.



– BERNAMA

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