From October 2020, nearly 7,000 people have reported losses of more than $80 million to scams. In comparison to the previous year, the cases reported were twelve times higher, while the total losses were nearly 1,000% higher.
Without being too negative, here are the things that will happen during a recession:
Investments like purchasing a property are great! But what’s not so great is the process and the time it takes to make that investment yours.
It’s become somewhat of a cliche phrase to say, “understand the industry before starting a business.” It’s simple to say; anyone can do it, but nothing simple about actually going through with it.
In case you didn’t realise: we’re just T-minus 16 days until 2022! If you’re bracing yourself for the new year, you probably already want to plan your finances for the next twelve months. We recently wrote an article on how you can plan for your 2022 expenses:
After successfully conquering your finances, now you’re about to start building your wealth. We all have heard the term ‘making money work for you’ but how does that actually work? Putting in your hard-earned money into the stock market can be daunting when you’re unsure how to go about it, so here’s what you need…
Whether you are new to investing or not, you probably would have heard of the term ‘stock exchange’ or ‘stock market’. While you may get the gist of what it is about, it’s always best to understand it a little deeper. Here are the things you need to know about a stock exchange and how…
Investing is a scary, risky process. It would be a nightmare to watch your hard-earned money go to waste by losing it all. However, not all hope is lost. You just have to know how to protect your investment portfolio so that you minimize your losses. Read on to find out how to ensure your…
What is a cryptocurrency and how does it actually work in Malaysia? The COVID-19 pandemic recession is expected to hit soon. Investing during this period can bring you financial benefits, but is it a good idea to invest in Bitcoin? Read more to find out.
