Lockdotcom

Invest in KLSE Shares using EPF

noreply@blogger.com (Lock CH) — Tue, 28 Apr 2009 16:14:00 +0000

Now is the time to invest in KLSE shares...why? Because the good companies are undervalued in their stock prices. But wait - you don't have the cash available to place the good ones.
Unlike the yesteryears, we can use the EPF to invest in those blue-chips stocks...

Keen to know more?

Then follow the link below to find out more ....
http://www.dicksonyap.com

Terms of EPF withdrawal can be viewed via the link below
http://www.kwsp.gov.my/index.php?ch=p2members&pg=en_p2members_wdrawtype&ac=2658

Frequently Asked Questions about this can be viewed here:
https://www.poems.com.my/index.htm

Finish paying for your mortgages in less time and interest!

noreply@blogger.com (Lock CH) — Sun, 29 Mar 2009 09:48:00 +0000

Have you heard of something called "Transactional Loan"?
This is something that again - the banks never tell you..
You can use this method to get the best loan deal that enable you to pay off your home loan sooner with minimal interest accrued.

Compare this with the normal Non-Transactional Loan...are you familiar with this scenario?

Interest is calculated on the daily loan balance and charged monthly in arrears;
Restriction apply to the transactional capability of thr loan so that transaction limitations and/or transaction fees act to prevent the loan from being practically and reasonably used as a primary transactional account...

With Transactional Loan - Interest Minimisation Strategy can be explained in these 5 easy steps:

Step 1
Transactional Loans have a credit limit, which may be either fixed or the amortisation schedule of the loan term

Step 2
By directly depositing your income into a Tansactional Loan, the loan balance is immeditaly reduced and as interest is calculated daily on the loan balance, interest payable is reduced.
So - if you have paid all your income into your loan, you will have paid a lot off your loan in a short time and saved a lot of interest, but how do you live?

Step 3
With every possible living expense you use a credit card.
You have bought your groceries from the supermarket, paid with your credit card, you are eating your nch, but you have not even paid for it yet.
The card provider just gave you an "interest-free lunch"....

Step 4
The amount owing on your credit is then paid off on the due date from your Transactional Loan, in which case there is no interest payable on the card whatsoever.

How you win?
First - you win by using the credit card without having to pay any interest for the privilege ;
Second - because the "Lunch Money" remains parked in your Transactional Loan account ledger, you save interest on a day-to-day basis.

Step 5
Most people keep ineffective transactional deposit accounts, but these become obsolete when you use a Transactional Loan, because now you are saving interest at a Transactional Loan rate...
You also retain the security of your savings. You can redraw up to your Credit Limit with access to cash from your Transactional Loan account. You may also transact from your Transactional Loan using ATM and Internet (and cheque and/or telephone - optional)

How to resolve credit card debts - what the banks do not tell you.

noreply@blogger.com (Lock CH) — Sun, 22 Mar 2009 09:39:00 +0000

Why pay 18% per annum on Credit Card Outstanding Debts?
Why pay 12% per annum on Personal Loan?
Why NOT pay the banks about 2 to 3 times lower per annum?

Don't you want to turn your huge outstanding debts into low-interest, monthly repayment scheme?

This is a real, face to face solution to your credit card debts problems.
Many are drowned (or are drowning) in credit card debts and despite paying the minimum payment each month, the debts still remain. Do you know that if you continue to pay the minimum payment per month - you will end up paying more than 18% interest only due to the compounded interest on your principal debt?
Many of these debtors end up taking up another loan - PERSONAL LOAN which charges 12% per annum interest rate to cover their Credit Card debts. Instead of solving one problem, they end up with TWO problems - each debts charges compounding interests rate .

GOOD NEWS FOR YOU - we have a legalised solution, which is sanctioned by the banks themselves. You can COMPLETELY finish your debts once and for all, at an agreed rate and time period.

Benefits of this method:
* Low Interest Monthly Repayment
* Legal contract

How much is the service charge you need to pay ?
NOTHING!

Yes - this is not a typo - you need to pay ABSOLUTELY NOTHING!

If you want to know more , then please email me at lockch@gmail.com

Note: This solution is valid for Malaysia only.