https://www.rapidpropertyconnect.com/categories/finance/ Recent content in Finance on RPC Hugo -- gohugo.io en-us Mon, 06 Sep 2021 09:00:06 +0000 https://www.rapidpropertyconnect.com/what-is-your-long-term-financial-goal/ Mon, 06 Sep 2021 09:00:06 +0000 https://www.rapidpropertyconnect.com/what-is-your-long-term-financial-goal/ Anyone who has ever set a goal for themselves knows how difficult it can be to achieve the goals they have set. Financial freedom is no exception. It may seem like the journey to achieving financial independence is a linear and short one, but in reality, it takes years of dedication and hard work. Thus, financial goal is set over a long term. Financial experts agree that a traditional retirement age of 50 is unrealistic for many nations. https://www.rapidpropertyconnect.com/how-to-calculate-roi-on-rental-property/ Mon, 14 Jun 2021 10:00:18 +0000 https://www.rapidpropertyconnect.com/how-to-calculate-roi-on-rental-property/ How the wealthy grow their wealth is through investment. The wealthy also well aware that by saving alone won’t reach their financial goal. The topic about investment is very broad. Though the definition for investment in Google search return as the action or process of investing money for profit. I can only partially agree with this definition as investment can be in the form of time, money, effort, knowledge etc. However, when it comes to an investment that related to money, has to be measurable. https://www.rapidpropertyconnect.com/advantages-of-credit-card/ Mon, 07 Jun 2021 10:00:28 +0000 https://www.rapidpropertyconnect.com/advantages-of-credit-card/ I still remember my very first credit card was actually a supplementary card from my sister. The credit limit at the time was only RM1,000. That was somewhere in 2003. It was long time ago. Indeed. After using credit card for almost two decades, I realised that there are many advantages to the credit card. First, credit card builds you credit score and debit cards don’t. The better the credit score, the easier for you to buy a car or a house in the future. https://www.rapidpropertyconnect.com/why-is-deflation-worse-than-inflation-in-spite-of-us-printed-trillions-of-dollars/ Mon, 10 May 2021 10:00:47 +0000 https://www.rapidpropertyconnect.com/why-is-deflation-worse-than-inflation-in-spite-of-us-printed-trillions-of-dollars/ We should be worrying deflation more than inflation in spite of US printed trillions of dollars. People always say that inflation is a bad thing especially other countries like Venezuela that is having hyperinflation right now. But why is deflation worst than inflation? Why the opposite? Difference between real economy and financial economy (consumer goods vs financial assets) We need to differentiate the real economy and financial economy, because we could have an inflation in real economy for consumer goods, while a deflation in our financial economy, or vice versa. https://www.rapidpropertyconnect.com/how-much-salary-to-buy-a-house-in-malaysia/ Mon, 03 May 2021 10:00:34 +0000 https://www.rapidpropertyconnect.com/how-much-salary-to-buy-a-house-in-malaysia/ Many didn’t realised that we can actually find out how much we need to earn in order to buy property in Malaysia. In fact, how much salary to buy a house in Malaysia anyway? This is going to be the most straightforward article that I’ve ever written. The reason is because it involves calculations. The question of How Much Salary To Buy a House in Malaysia is not about how much you are making every month, but rather how much you can get financing from the banks based on your monthly income. https://www.rapidpropertyconnect.com/rental-property-vs-stocks-the-differences/ Mon, 26 Apr 2021 10:00:30 +0000 https://www.rapidpropertyconnect.com/rental-property-vs-stocks-the-differences/ As of 2021, the most attractive investment out there is certainly stocks. Ever since the outbreak of Covid-19 in March 2020, stocks become the most preferred investment. You don’t need to leave home to invest. All you need it just an internet connection. Does it mean other investment is dead? Now, let’s look into the differences between rental property vs stocks. If you ask me, I’m very tempting to say that stocks is really a good investment. https://www.rapidpropertyconnect.com/real-estate-investment-trust-an-alternative-to-owning-a-property/ Wed, 24 Mar 2021 20:34:51 +0000 https://www.rapidpropertyconnect.com/real-estate-investment-trust-an-alternative-to-owning-a-property/ A real estate investment trust is also known as an REIT. Although the definition of a trust refers to the position of trustee, an individual responsible for financial transactions on behalf of another, it is the combined term investment trust that truly defines an REIT. It is, in its truest form, a tax designation for a corporation investing in real estate that actually may serve to reduce or even altogether eliminate corporate income tax. https://www.rapidpropertyconnect.com/ways-the-recession-can-make-you-rich/ Wed, 12 Jul 2017 09:14:41 +0000 https://www.rapidpropertyconnect.com/ways-the-recession-can-make-you-rich/ It’s in the press in the past few months: Slower 4th Quarter 2016 Napic report for real estate, indicates that the recession has set in. Despite the dark forecast of grim years ahead, every cloud has a silver lining — and a recession is no different. In fact, the best deals come from the 3 Ds; deaths, divorces and defaults — three things that spike in any recession. It’s in recession that’s where you get the best deals. https://www.rapidpropertyconnect.com/ways-to-survive-in-market-slowdown/ Tue, 06 Jun 2017 10:05:40 +0000 https://www.rapidpropertyconnect.com/ways-to-survive-in-market-slowdown/ The real estate market has changed compared to what it was five years ago, but that mean we will be facing rough patches ahead — and likely a couple of years of slowdown. So how can you as an investor safeguard yourself against them? Ways to Protect Yourself Historically, real estate cycle rises and falls in an 18-year property cycle like clockwork according to Phil Anderson. Periods of recession appear and recede after approximately every 14 years of rise. https://www.rapidpropertyconnect.com/warren-buffett-proven-investment-strategies/ Wed, 21 Dec 2016 00:09:47 +0000 https://www.rapidpropertyconnect.com/warren-buffett-proven-investment-strategies/ Warren Buffett is without doubt the greatest investor of all time. He has a great track record of creating and maintaining his wealth through share investments, but many of his principles also apply to property investors. So let’s look at some of Buffett’s investment principles and see how we can apply them to our property investing. ADHERE TO A PROVEN STRATEGY Buffett’s success has often been put down to his extraordinary patience and discipline, never deviating from his proven investment strategy even when faced with short term changes in the market. https://www.rapidpropertyconnect.com/new-opportunities-for-malaysian-property-players-with-china/ Tue, 06 Dec 2016 12:01:06 +0000 https://www.rapidpropertyconnect.com/new-opportunities-for-malaysian-property-players-with-china/ At present China’s economy is the world’s second largest behind the United States and ahead of Japan. The modern iteration of the Silk Road is the New Silk Road economic belt and the 21st century Maritime Silk Road – which in the past linked Asia, Europe and Africa The New Silk Road was proposed to sustain this economic growth and development. In high-speed rail, China has now taken its expertise global. https://www.rapidpropertyconnect.com/calculating-property-rental-returns-did-you-make-these-2-biggest-mistakes/ Wed, 21 Sep 2016 00:01:40 +0000 https://www.rapidpropertyconnect.com/calculating-property-rental-returns-did-you-make-these-2-biggest-mistakes/ You should avoid these mistakes when calculating the projected rental returns on an investment and should also be on the lookout for anyone else who is making these mistakes when they sell you a property purportedly a great investment. Using Estimates Instead of Actual Numbers. There are actually three different ways I see people using estimations when trying to project returns on an investment property. Related - How to Calculate ROI on Rental Property https://www.rapidpropertyconnect.com/the-current-state-of-the-economy-has-far-reaching-effects/ Thu, 08 Sep 2016 12:17:15 +0000 https://www.rapidpropertyconnect.com/the-current-state-of-the-economy-has-far-reaching-effects/ WE are indeed living in challenging times. The current fragile Malaysian economy will likely face several more lean years ahead as data continues to show that many households in the country are a vulnerable lot, given the state of their finances In the recent article in Star the following were cited. “To put that into perspective, a study on the financial fragility of urban households in Malaysia has found that only 10. https://www.rapidpropertyconnect.com/the-current-loan-tightening-situation-has-a-silver-lining/ Fri, 02 Sep 2016 00:01:14 +0000 https://www.rapidpropertyconnect.com/the-current-loan-tightening-situation-has-a-silver-lining/ Exciting times will be here soon. Property players – developers and investors alike are now crying out in despair of the credit tightening. In fact, this mortgage crisis is expected to follow suit after a period of booms times. Granted, it all sounds pretty bleak and hurting to some, the current situation will soon be an amazing opportunities for investors ready for the change of scenery. Yes, the real estate cycle is going through some massive changes. https://www.rapidpropertyconnect.com/do-you-know-how-much-you-are-worth-to-the-banks/ Tue, 24 May 2016 23:33:33 +0000 https://www.rapidpropertyconnect.com/do-you-know-how-much-you-are-worth-to-the-banks/ Many people don’t know how to balance their portfolios and end up investing lesser than they should. Many people don’t even know the importance of using simple formulas like Debt to Service Ratios to calculate and design their portfolio and to maximize their abilities to take up more loans. Let me illustrate an example of 2 different investors. Daniel and Gunalan. Both wishes to purchase a newly completed SOHO unit at an early bird price of RM400,000. https://www.rapidpropertyconnect.com/how-does-gst-affect-auction-properties/ Mon, 25 Apr 2016 20:50:57 +0000 https://www.rapidpropertyconnect.com/how-does-gst-affect-auction-properties/ We have been hearing about GST since April 2015. A year has passed and there are still things that aren’t clear about GST where they are taxable or simply out-of-scope. GST shall be levied and charged on the taxable supply of goods and services made in the course or furtherance of business in Malaysia by a taxable person. GST is also charged on the importation of goods and services. Malaysia Customs https://www.rapidpropertyconnect.com/how-to-build-a-profitable-property-portfolio/ Sat, 09 Apr 2016 00:05:59 +0000 https://www.rapidpropertyconnect.com/how-to-build-a-profitable-property-portfolio/ As more and more of us look for better ways to secure our financial future other than investing into stocks, forex and shares or even relying on our retirement funds, interest in purchasing property as an investment asset is increasing. Property Investment is a long term game plans where if carefully invested will bring us massive of returns. Here are some tips that seasoned property investors used in building their property portfolio: