Rich in Every Sense

Risks and benefits of foreign currency deposit account

2012-01-25T19:13:00.001-08:00

You might have seen the full page advertisements for foreign currency deposit account. This takes place when the saving interest rate and the fixed deposit interest rate in your country are very low. The foreign currency deposit account highlights the higher interest rate you can get. The current favorite is the Chinese Yuan deposit account. You can get much higher interest rate. If you

Great business ideas do not mean great business

2012-01-24T08:39:00.000-08:00

Many people have great business ideas. Even kids can give better ideas than many adults. Some people are so proud of their great business ideas that they talk nonstop about the ideas. Some people think that others will steal their great business ideas if they so much as utter a word. They keep them close to their heart, hoping that one day, they will start a business, and become very rich.

Should you trust in your gut instinct in investment?

2012-01-23T04:08:00.000-08:00

When it comes to the matter of investment, the billion dollar question is whether we should trust in our gut instinct. There are many people who defy the odds, and make million of dollars from a few investment decisions. When their investment consultants tell them not to buy a certain stock, and the newspapers are full of negative comments about the company, a little voice tells the investors

Coupon Code for AUSTRIAN MINT 2012 Silver Philharmonics

2012-01-20T06:26:00.000-08:00

I received an email from Scottsdale Silver for the purchase of AUSTRIAN MINT 2012 Silver Philharmonics using a coupon code. The email as follows: "2012 Silver Phil's NOW AVAILABLE" ScottsdaleSilver.com is pleased to announce the availability of AUSTRIAN MINT 2012 Silver Philharmonics.To get things launched we are offering $7 off your order with the purchase of 20 oz or more of Phil's.COUPON

Dragon gold coin and Dragon gold bar

2012-01-18T19:51:00.001-08:00

Dragon year has not officially started, and yet many people are soaking up Dragon gold coin and Dragon gold bar. The mints and goldsmith shops are banking on the popularity of such auspicious items. Since Dragon year comes only once in every 12 years, a collector has to wait 12 years to get new designs of Dragon gold coin and Dragon gold bar. Most people like gold, and some people believe that

Yin Feng Shui and Yang Feng Shui

2012-01-15T18:45:00.001-08:00

The concept of Feng Shui has spread all over the world. Even though we heard of the term, Feng Shui, everyday, not everyone knows that there is a difference between Yin Feng Shui and Yang Feng Shui. The one that we are very familiar is the Yang Feng Shui. Yang Feng Shui is to use the elements from the surrounding to enhance our wealth and health. For example, water placement in the garden,

We are very creative at making excuses

2012-01-10T20:37:00.000-08:00

We are born with a creativity that exceeds our expectation. You can see that most of us do not need to learn about making excuses. Even kids are good at making excuses. When you were young, you probably spent more time making excuses for your laziness. If you had used the same effort in your studies, you would have gained the Presidential scholarship without any problem. Now that we are

How to invest in businesses

2012-01-07T05:53:00.000-08:00

Most of us know that we do not have the qualities of an entrepreneur. We know that we do not have the desire nor the diligence to work 14 hours a day for the sake of keeping the business on track. We do not want to spend half the night worrying about getting money to keep the business going. Yet we know that investing in businesses is the way to get rich. How to invest in businesses without

Is investing in silver a good idea?

2012-01-05T06:00:00.000-08:00

Gold is very expensive, and getting more and more expensive. It is out of reach for most people to invest in 10 ounces of pure gold. However, 10 ounces of silver is still within reach of most people, as long as they are willing to save money for a couple of months. The question really is: Is investing in silver a good idea? Before you say yes or no, it is best to do some homework. Let us

Gold and silver prices in 2012

2011-12-30T23:41:00.000-08:00

Gold and silver prices had fluctuated wildly in 2011. It will be worse in 2012. The volatility of gold and silver prices will increase due to many factors. Before we talk about 2012, let us recap on 2011. The year low of gold price is $1318 per Troy ounce. That was at the beginning of the year. The bull run of gold brings the price to $1900, before crashing all the way down in September.

How to be successful in the stock market

2011-12-27T05:43:00.000-08:00

How to be successful in the stock market? More importantly, how can you succeed in stock market investing in your own country? When we read books about stock market billionaires or millionaires, we can see that most of the success stories come from the United States. That does not mean you cannot succeed in your local stock market. While most strategies work all over the world, you have to

US economy is recovering

2011-12-24T20:20:00.001-08:00

Despite all the negative sayings about the US economy, the fact is that US economy is recovering. It has taken many analysts who are doomsayers by surprise when they see that US has added nearly 100,000 every month from July to November 2011. Granted that some jobs are temporary, such as the retail jobs to cope with the shoppers before the festive season, many jobs are here to stay. Many new

Making full use of credit cards with rewards and no annual fee

2011-12-23T18:45:00.001-08:00

Credit cards have a bad reputation, mainly because of the high interest rate incurred on non-payment of debt. However, if you can budget your money well, credit cards are helpful. How do you make use of credit cards with rewards and no annual fee? 1. No annual fee period You have to check the period where the banks waive the annual fee. You cannot assume that the no annual fee promotion

How do you view money?

2011-12-20T04:47:00.000-08:00

What is money? What is the meaning of money to you? How do you view money? These are the questions that come to me after a discussion with a worker in my company. Today is his last day of service. As a lowly production operator, he used to view every single dollar as valuable asset. His basic salary is very low, and he needs to work a lot of overtime in order to support his family. His

I love money and money love me

2011-12-11T04:38:00.000-08:00

After reading through From Dead Broke to Cash Rich by Noryani Ismail, this sentence “I love money and money love me” is the only sentence that I will remember for the rest of my life. Noryani Ismail is using her book to relate her personal experience. She nearly drowned in debt. However, she was brave enough, and wise enough to realize that she needed professional help. After she had gotten

Before you buy Universal Studio Singapore ticket

2011-12-09T19:54:00.000-08:00

If you are visiting Resorts World Sentosa for the first time, it is best that you get a World Card before you spend any money. Even if you just want to visit Universal Studio Singapore, you should get a World Card before you buy your ticket. Why is it important? The reason is that Universal Studio Singapore is part of Resorts World Sentosa, which is part of the Genting Entertainment group.

My virtual property

2011-12-04T08:15:00.000-08:00

Do you like my blog? You definitely have many opinions about this blog. You may think that it is too plain, without a colorful spot. You may not like my ideas and my writings. You may wonder why you end up here when you search for virtual property. The only thing you may not realize is that this blog is my virtual property. I invest in this blog with my time, and effort, even though I do

Is gold up or down?

2011-12-03T01:44:00.000-08:00

A few comments I heard about gold make me worried. While waiting in the bank, I overheard a bank officer telling the customer that gold price can only go up, and the customer smiles very broadly in agreement. It seems that the bank officer and the customer are good friends, and they are having a lively discussion about gold investment. After leaving the bank, I reached home, and login to a

Genting Points and Worldcard Points

2011-11-29T06:33:00.000-08:00

Holder of Worldcard, especially the one issued by Genting, will definitely have Worldcard points, and possibly Genting points. A little known fact is that both Genting Points and Worldcard points are transferable across borders. That means if you have 1 Worldcard point earned in Singapore, it will be translated as slightly more than 2 Worldcard points in Malaysia. There is no need to convert

Learn from the lifestyle of the rich

2011-11-27T05:35:00.000-08:00

If we want to get rich, we have to learn from the rich. The rich people get rich because they have many good qualities. When we see the lifestyle of the rich, we get the wrong idea that they are burning money by spending so much. That is not true at all. Once we compare their spending to their income, we can see that they are very frugal. Let us take a look at the lifestyle of the rich, and

Is buying 5 gram silver bars a good idea?

2011-11-23T06:14:00.000-08:00

This question comes to mind after receiving an email from Scottsdale Silver. The email announces the arrival of the new 5 gram silver bars. This is how the email phrase it: “Announcing the Limited Time 5 Gram Silver Bar from Scottsdale Silver. Perfect for gift giving this Holiday Season. This classy looking silver bar is .999 Fine Silver and weighs 5 Grams. The front has the Lion logo and

Getting free accommodation in Genting Highlands

2011-11-22T06:01:00.000-08:00

I notice that since the opening of the two casinos in Singapore, Genting Highlands is giving out more free hotel rooms than before. It used to be that you have to wait till your birthday month to get free accommodation in Genting Highlands. Sometimes, you may not even get it. Now, it seems that Genting is giving out free rooms for practically every two months. Ironically, the free

Buy 1 gram gold bar: wise or not?

2011-11-19T04:37:00.000-08:00

Is it wise to buy 1 gram gold bar? Talking purely from an investment standpoint, it is plain stupid to buy such tiny bars. No investor will tell you to buy 1 gram gold bar. The premium over spot rate is very high, since the effort is to produce the gold bars, whether 1 gram or 100 grams, is basically the same. The mint will have to mint the bullion. The mint will have to insure the bullions,

Wealth is using money to buy time

2011-11-12T19:28:00.000-08:00

We always link money with wealth. However, wealth is not about having money, or accumulating money. Wealth is about using the money you have to buy time. There is no use having cash in the bank, and you have no time for yourself, your family and friends. Even when you are working 14 hours a day, you do feel guilty about not watching your children grow up. Is that the kind of life you want?

How to buy and sell gold for profit

2011-11-10T04:40:00.000-08:00

When you think about how to buy and sell gold for profit, you have to think about many factors. You have to get answers to the following questions : 1. Where to buy gold? 2. Should you buy physical gold or paper asset? 3. When to buy gold? 4. How much can you afford? 5. How long can you afford to wait? 6. Where to sell gold? 7. When to sell gold? 8. What are the transaction cost?