Vital Money

Physical Gold Investment – Risks and Dangers

Wizard — Wed, 03 Oct 2012 03:39:09 +0000

Investing in gold has always been risky. Gold does not give any returns, is easy to steal and expensive to store to begin with. Only in times of economic uncertainty that people want to hold on to gold. In recent … Continue reading →

Genneva Gold Raided

Wizard — Tue, 02 Oct 2012 14:19:05 +0000

If it is too good to be true, it probably is. Like I try to remind anyone who would listen to Rule Number 1 of investing which is “Don’t lose money”. To invest in dubious investment schemes or make money … Continue reading →

Prudential PruClinic Care

Wizard — Tue, 14 Aug 2012 07:07:31 +0000

Prudential Assurance Malaysia launched a rider called PruClinic Care. According to their website PruClinic Care is A regular premium investment-linked medical rider that reimburses medical expenses at our panel clinics Brief info about the rider it is a regular premium … Continue reading →

Prudential’s Profit Rises 13 Percent

Wizard — Sun, 12 Aug 2012 13:21:06 +0000

Some updates about Prudential via Bloomberg 1. Prudential grew quicker and more profitably than U.K. competitors, including Aviva Plc (AV/), in the first half because of its businesses in Asia, where it’s the top seller of life insurance in six … Continue reading →

Create An Investment Portfolio

Wizard — Thu, 25 Aug 2011 04:38:18 +0000

Investing is great. You want to make your money work hard and increase your net worth. The question is how? Most people do not have a strategy to investment. They invest based on how the feel at a particular moment. … Continue reading →

Gold Scam – Another View

Wizard — Sun, 12 Jun 2011 05:05:31 +0000

I spoke to a goldsmith (Mr. A) who offered his view about gold investment. Mr. A owns a goldsmith shop and been in the jewelry business for many years. Many points of our discussion are already covered in this article … Continue reading →

Gold Investment Scam?

Wizard — Mon, 06 Jun 2011 10:06:47 +0000

I was approached by someone about gold investments or gold trading to be more specific. The “investment” is in small gold bars through a company which promised a guaranteed regular return of 1.5% for 6 months. For the money that … Continue reading →

Insurable Interest

Wizard — Thu, 02 Jun 2011 06:43:11 +0000

Before you buy any insurance including both life or on your property, you must have an insurable interest. You have an insurable interest in any property you own or which is in your possession. For purposes of life insurance, everyone … Continue reading →

PruBSN Ummah

Wizard — Fri, 27 May 2011 14:13:18 +0000

PruBSN Ummah is a family Takaful plan designed to cater to Muslims to fulfill their religious obligations as well as for the usual protection and savings. The plan allows for :- a policy holder to withdraw part of their savings … Continue reading →

Increase In Medical Premium

Wizard — Mon, 23 May 2011 08:22:58 +0000

Pacific Insurance Berhad’s brochure for Hospitalization and Surgery (H&S) showed a table at the bottom for increase in premium. The increase ranges from a low of 18% increase to high of 110%. In the table, a note states that premium … Continue reading →