I was reading this month’s issue of Personal Money magazine and one of the feature article for the month under the Investing Insights column talks about 6 Malaysian high-yield stocks that are relatively low in risk. These stocks are considered resilient and yields between 5% to 6% per annum.

They do seem to be better yielding than money sitting in the fixed deposit but are they for you?

The 6 high yield stocks are listed below:

1. Panasonic Manufacturing Malaysia – Stock price RM12.20, dividend 6.5%

2. Amway Malaysia Holdings – Stock price RM7.35, dividend 5.4%

3. DiGi.Com – Stock price RM22.10, dividend 4.5%

4. British American Tobacco (BAT) – Stock price RM45.90, dividend 5.8%

5. YTL Power International – Stock price RM2.21, dividend 6.8%

6. Guinness Anchor – Stock price RM6.54, dividend 6.3%

The stocks listed above aren’t for me. For one thing, a lot of them are very pricy! And of the 6, the cheaper stocks seem to have higher dividend payouts than the more expensive ones.

What are the resilient and high-yielding stocks in your portfolio like? Any of the above in hand already?

To read more personal finance and money related articles, visit Penny Sense.

Are these 6 low risk but high yield stocks for you?

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In July I first achieved $100 earnings a month in Adsense. I then targeted the next level to make $200 a month in Adsense. Very happy and glad to say that I’ve achieved this goal in the month of September!

I truly believe in the power of the mind, coupled with determination and will power to make something work. If you have a goal and you want it badly enough, you will find all means and ways to achieve it.

Now that I’ve seen such possibilities in my Adsense, I’m also applying the same determination and focus to meet my sales target on my blogshop at Penny’s Online Shop. When I first started it in mid of May, sales were slow but steady. Over the months it has improved tremendously and I’m now beginning to track it closely to chart my growth.

I find that when I focus on the thing that I want to do, it grows. So all I need to do is to focus more on it, work hard and smart. And it is a must to always want to achieve the goal. I believe if you are not hungry about achieving the goals you set, then they probably won’t materialise.

And note that these are 2 areas that I’m making money on the internet. If you have been a non-believer about making money online, well you have to start believing it at some point. Lots of people are doing it and next to them, I’m just a little fly…

But I refuse to be that little fly for long. So off I go now to set higher targets for both my Adsense earnings and online shop!

To read more personal finance and money related articles, visit Penny Sense.

If you want to achieve your goal, you will find all ways to do it

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Over the years since the government launched its plans to close the gap on the digital divide, many ministries have launched their sites to offer information online, services and the like. But many of them I didn’t find that useful. But there is one that I have to say is most God-sent amongst all the others. And no, it is not the one where we can submit our income tax assessment online. I find that one pretty crap simply because I couldn’t get a decent page load.

So which government site do you think I approve of and make the most use from? It’s actually the online EPF site. Some years back I paid a visit to the EPF counter to get some things sorted and the officer suggested that I apply to have access to my EPF account online via their website. It was quite easily done.

All I did was insert the MyKad into the EPF kiosk and create a password for my online access. After that I had about a week or two (can’t remember, been a long time!) to log in and activate my account. If I don’t do so within the time frame given, then I’ll need to go and set up another password at the kiosk. Fair enough, I guess.

So I activated my online account access immediately and have been able to access my EPF account details online since then. It’s really convenient because I can check my up to date account balance at any time. It breaks down into the details of Account 1 and Account 2, and all the sub-balances of what you can withdraw your EPF funds to do. For example, if I want to invest my EPF funds into unit trusts, I can easily check exactly how much is eligible for investment purposes without doing any calculation on my own. Similarly I also know at a click of the button how much I can withdraw for paying a home downpayment, etc.

This is definitely one access that I will keep up to date and not let it lapse. It’s a good way to keep track of your EPF account balance. You don’t need to go all the way to the offices just to check on your balance. You also don’t need to wait for that half yearly statement that gets posted to you in order to keep a tab on your account.

So if you have not already registered for your account access online, you may want to consider doing so. Don’t worry, you can’t do any transactions online so you won’t risk frauds where money is taken out of your account. Trust me, for money to leave the EPF, it’s really hard. Don’t count on doing it online.

Here’s the link to the site if you are interested, English and Malay versions available: KWSP Online.

To read more personal finance and money related articles, visit Penny Sense.

It’s good to have online access to your EPF account

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I’ve only recently gotten to learn and know more about Jim Rogers, the famous trend spotter who was also the cofounder of Quantum Fund with George Soros back in the 1970s.

If you do not know of nor heard about Jim Rogers, you can visit his website, The Millenium Adventure and see some of his published books and other works there.

This week’s The Edge did a feature on Jim Rogers and I savoured the article. It’s a good 3-pager and I learned some bits and pieces just by reading the feature article.

But what I found to be a surprise is that Jim Rogers does not believe in diversification when it comes to investment strategies. In his interview with The Edge, this is what he said:

“Look, nobody ever got rich diversifying,” he says a little defensively. “Diversification was something hare-brained investment advisers came up with so they could sell all sorts of fancy investment products and charge big fees. Henry Ford never diversified. You need to identify a good investment trend and stick with it.” Even legendary billionaire investor Warren Buffett, who runs diversified conglomerate Berkshire Hathaway, isn’t spreading his risks just for the sake of diversification, Roger says. “Buffett would tell you that he buys a lot of things that have similar characteristics.”

So what did you think of that? It makes sense but dare we not diversify after having been told for the longest time that we should and we must?

To read more personal finance and money related articles, visit Penny Sense.

Jim Rogers is not for diversification

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A year ago the government decided to provide car owners with a cash rebate of RM625 whenever they renew their car’s road tax and insurance policy as a means to help with the rising price of fuel. Now, a year later, the government is announcing an end to this cash rebate. I guess the government felt this is the right move since the price of fuel has now dropped even lower than the price of fuel before that shocking price hike.

The last day for eligible vehicle owners to make this claim for a rebate is on March 31, a month from now. So if you have not already collected your rightful rebate, go and get it now from the post office.

The announcement was made in the papers today (read it here). It’s a rather simple procedure of filling up a short form with personal information as well as some information on your vehicle, followed by a thumb print. You also need to bring along your identity card.

To read more personal finance and money related articles, visit Penny Sense.

Get your cash rebate system on vehicles quick!

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