AT the recent StarProperty.my Fair 2017 held at the Kuala Lumpur Convention Centre, speakers from different industries shared insights on topics related to property hotspots, investment strategies and Budget 2018.
Budget 2018: Impact on the Property Market, by Propedia Consultant founder Sr Vicky How
Vicky How
The discounts on repayment of The National Higher Education Fund (PTPTN) loans, as announced by the Prime Minister in Budget 2018, can benefit borrowers and decrease the percentage of bankruptcy on student loans.
The announcement also included a 2% tax reduction for incomes of up to RM70,000. Malaysians earning between RM20,000 and RM70,000 annually will have their income tax reduced by 2% beginning 2018.
This is enjoyed by the M40 group with a household income of below RM9,000.
The move helps to reduce the burden faced by lower and middle-income earners.
The Power of Cashflow, by Now Asia International Sdn Bhd founder Mekanik Wang
Now Asia International Sdn Bhd founder Mekanik Wang.
When it comes to investing, many people do not have a strategy or a system.
Most beginners start without a proper system and they invest in things that seem to give a high return on investment (ROI) without really
knowing the risks.
Imagine a soccer team that plays with 11 strikers or 11 goalkeepers! What's going to happen to the team?
Like the soccer team, many investors put all their money into an investment that they come across or something recommended by friends.
They never track the cash flow and investment system.
You must be prepared – just like a soccer team that has a proper system: the positions of goalkeeper, defenders, midfielders and the striker have been filled, and the team is ready to play the game.
