2008年7月9日 上午6點06分48秒Inflation pushed by petrol 40% increased

Dear All,

Whoever drives or consuming food and having room rental hike would know it was due to hike in Petrol by 40%.

It also means purchasing power has declined by 30% - 40% on basket of goods we are consuming.

Hence if we don't make an effort to save NOW, we face extinction by own carelessness to plan for being old and jobless.

EPF dividend for last year 2007 that was paid in Feb 08 only 5.8%.

Fixed Deposit of 3.7% p.a doesn't hedge/cover for inflation.

Those 2 savings are running the risk of having RM1.00 now equivalent to RM0.60 by next year assuming petrol hike of 40% taken the toll of all goods in basket of RPI( Retail Price Index ).

I have a better saving plan that may hedge inflation better than FD & EPF.

Want to know more, meet-up for a more information session.

Best Regards,

Alan Goh

Accountant trained by U.K standards &

Public Mutual Bhd NO.1 in Malaysia

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