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Some 87% of Americans don’t consider themselves rich (or poor), despite making at least US$90,000 a year. The survey done by YouGov essentially means people would only start to consider themselves “rich” when they make at least US$90,000 (£70,560; RM375,800) annually. In general, people earning US$90,000 feel they exist in the middle zone. However, […]
... written on May 17 2019Bill Gates and Warren Buffett are good buddies. Both are billionaires – Gates is the world’s second richest man (Forbes: US$101.7 billion) while Buffett the third richest man (Forbes: US$89.2 billion). Although Gates owns just over 1% of shares in Microsoft, the software company he founded with Paul Allen in 1975, he remains a board […]
... written on May 01 2019The date April 3, 2019 was supposed to be a sentimental and meaningful day for Najib Razak. There would be a huge party to celebrate his premiership, had he not been defeated in the last May general election. It would be his “10th Anniversary” in office as the Prime Minister of Malaysia, the most powerful […]
... written on Apr 04 2019Small businesses often require influxes of money at short notice. Sometimes they cannot survive 3 to 4 weeks to secure a traditional business loan. As a small business owner, you may wonder how you can secure a business loan in a matter of days or hours. Fortunately, there are many quicker alternatives to traditional business […]
... written on Jan 22 2019Sometimes life can be unbearable without taking loans to bail one out of financial constraints. From buying a new home, buying prime property, paying school fees to doing other things, debts are like fire. They can help you survive through the wildest moments in your life, yet, can also consume your confidence and conscience bit […]
... written on Sep 21 2018Everyone should have experienced at least once where we need to withdraw cash but have forgotten the plastic card – ATM card. Get real, despite the so-called cashless society and internet banking, the cash is here to stay. JPMorgan Chase has become the latest bank to embrace a cardless society – you don’t need your […]
... written on Aug 03 2018As the U.S. Treasury Department announced on Monday that it expects to borrow US$441 billion in the current January-March quarter, the largest amount in 8 years, more bad news comes in. The DJIA (Dow Jones Industrial Average) plunged 177.23 points, its biggest drop of 2018 after the 10-year treasury yield shot higher above 2.7% to reach its […]
... written on Jan 30 2018You may not like his big mouth. You may not like his provocative tweets. You may not like his funny hairstyle. Heck, you may not even like that he has a gorgeous wife. But by now, it’s hard to deny that Donald Trump is good for business. For close to a year, the U.S. president […]
... written on Dec 27 2017Lately, many have started to wonder and worry if they’ve saved up enough for retirement. This is understandable, as the cost of living in the U.S. has started to increase while earnings often remain the same. While you should most certainly make an effort to save up for retirement, know that it’s entirely possible to […]
... written on Aug 19 2017Throughout the first 10 months of fiscal 2017 (Oct 2016 to July 2017), the U.S. federal government collected record amounts of taxes – both individual income taxes and payroll taxes – to the tune of US$2.288 trillion. They collected US$1,312,691,000,000 in individual income taxes and US$976,278,000,000 in Social Security and other payroll taxes. However, […]
... written on Aug 16 2017