Saving & Investment

It has been almost 1 month I am not writing anything in this blog. I don’t why. Maybe because two of my angel that always keep me and my wife occupied all the time.

I want to share about saving and investment in this post. Yesterday I’ve already pecah my tabung and found out that I’ve managed to save about RM80 for the past few months. That money I deposited to my daughter’s account at Tabung Haji. Every day for the past 4 years where I am not a student anymore and earning some money every month, I’ve always saved whatever coins left at the end of the day. It has always been helpful to me in my effort to save.

But today can we still rely on saving for our future? I don’t think so. Bank Negara Malaysia announced that Inflation rate on June 2008 (last month) has reached 6% (after the announcement of new Petrol price). What a big change has happened. I think the rate months before that could not more than 5%. With this inflation going up I think mere saving account in the bank could not sustain our need in the future. The value of the money we put in the saving account of any bank although the bank pay you hibah or interest will depreciate.
So what to do?

I think what we should do now is keep on save a portion of your month end earning and invest it regularly. But where to invest? The safest place I can think right now is investing in gold. Whether you go buy the gold coin/bullion (like kijang emas offered by BNM or Dinar Kelantan offered by Kelantan govt) or you can try to invest in the gold saving account offered by certain bank in this country. The concept of gold saving account is that you’re buying gold but you don’t have to save it physically because the bank will keep it for you. When you open the account, you will buy the gold according to international market price. The price is lower than you buying gold in the goldsmith where workmanship cost is added. The benefit of this kind of investment is that from historical record, we see that the gold value will appreciate almost at the same rate of the CPI or inflation. Now you have a saving account which can give you hedging tools against inflation.

Other investment is traditional investment like in the stock market, unit trust and property. This kind of investment will have higher risk than saving especially investing in the stock market. But we must remember the popular concept in investment “ the higher the risk the higher the return”. I will continue in other post.

Read the rest of the entry / Baca selanjutnya!

Spaghetti Bolognese

Tonight i cooked for my dinner. the menu is Spaghetti Bolognese. my own recipe which i modified from other recipes i get from the net. i love to cook and of course ultimately eat what i cooked. But i hate to clean the dishes. here is my recipe tonight to share all.

-Spaghetti

-onions

-garlic

-chili boh

-meat (you can also use chicken, but the best is minced beef)

-tomato puree

-tomato

-salt and sugar

you can also add mushroom ot sliced sausage. but tonight i added capsicum.

the result is not so bad, although by adding the capsicum, my sauce become less sour. i think without adding the capsicum, my sauce will be better. i cooked this recipe before and i add sliced button mushroom and the taste is great.

here the picture of my dinner tonight. Burp...Alhamdulillah.

Before

After

And here is the rest of it.

Read the rest of the entry / Baca selanjutnya!

50th Anniversary of My Mak & Apak Marriage

My age is only 27 years old this year but my parent has been married since the last 50 years. That means i was only be born after 23 years of my parent marriage. Last Thursday my family were having small feast to celebrate this golden jubilee. My sisters arranged the feast at the Sungai Perak Safari Resort at Kuala Kangsar and my eldest brother sponsored all the expenditure. And I only come and eat (the best thing to do). Absent family members are my wife and my children and my brother Saruji and his family. he is working abroad now.

My Mak full name is Puan Salasiah Binti Mat Dayit. was born on 16 June 1942. She is married to my Apak at age of 16 years old. While my Apak is Encik Alang Ahmad Bin Panjang Wahat. He was born on 1st December 1938. He married to my Mak at the age of 20. My parent is bless with 8 children of which 4 sons and 4 daughters. The first is my brother Mohamad Shariman, second is my sister Nor Shamha, third is my brother Saruji, fourth is my sister Salmah, fifth is my sister Zauyah, sixth is my brother Fazli, seventh is my sister Zaharah and eighth is me. My mak is always the best. All of us tell their problem to my mak first. Then only to my Apak. Apak is always cool to me but according to my brother, Apak previously don't really bother of what happen in the house. he passed all the responsibility to Mak. Apak only cares to find money for our family. I find that logic, because in their early days setting up family constant income is very important. I can feel it too now. but it was then when we can rely to other to look at our children but not in today world. I have to monitor all my children and I think we all should.

What ever it is my parent has given me all the thing I need to start my life and I'm very thankful. My vision now is to take care of my parent as good as I can. I always remember the word I learnt from school; "Kama tadiinu tudaanu". it is arabic means what you borrow (making debt) you have to settle it. So it is how you treat your parent, your children will give the same treatment to you when you old.

I've put the pictures of the feast at friendster Album.

And here is the rest of it.

Read the rest of the entry / Baca selanjutnya!

My Self

Assalamualaikum,

Nama penuh aku Mohamad Ibrahim Alang Ahmad. Asal dari Kuala Kangsar, Perak. Tulis blog ni saje suke-suke. aku tak suka sangat bergambor, so dalam blog ni kome akan kurang dapat tengok gambor aku le. dalam simpanan aku gambor anak aku banyakle. pasal aku baru beli camera tahun lepas habiskan duit bonus yang tak seberape tu (alhamdullilah dapat gak bonus tapi dah habis) so enjoy le blog ni ye.

ape-ape hal kome boleh email aku. especially perkara2 yang dalam bidang aku (islamic Banking). yang bukan bidang aku pun boleh politik, agama, isu semasa dll.

Read the rest of the entry / Baca selanjutnya!