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MalPF Test 2

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Summary

You must have an income First
Then you must Save with a System
Then only Financial Planning starts


Mutual Fund
Bond
Is Insurance compulsory ?
Is goal setting compulsory ?

Bank doesn't tell you things voluntary





Automatic Saving System Scenarios
Young Work Force
Small Business Entrepreneur
Successful Investor


Inflation and BLR in MalPF
Rule of 72

Diversification Myth

Buying a Car in Malaysia can be the Biggest killer in one's personal finance
Car Loan is 1.9X worse than House Loan

Stock Market is the back bone

2008 Recession
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