Friday, 6 October 2023

[Post 282] How China Is Buying Malaysia's Largest Companies


Summary

Did you know that China is making big moves in Malaysia, buying up companies and investing in their future together?

Tuesday, 3 October 2023

[Post 281] “Lazy” millennials demanding work-life balance | 60 Minutes Australia


Summary

Anyone aged from their mid-20s to early-40s is considered a millennial. While the group is now the largest generation in Australia, it’s also the most heavily criticised. The flak comes mainly from older generations who are quick to complain that millennials are lazy and entitled, especially in the workplace.

Most of them probably couldn’t care less, but as Tom Steinfort reports, many of the millennials’ bosses are not sure how to handle their increasing demands for greater flexibility so they can have the freedom to enjoy acting their age.

Saturday, 30 September 2023

[Post 280] Fractional Property Investment: You Can Now Buy A Part Of A Property. But Should You? | Money Mind


Summary

Fractional investing is a new way to get a share in luxury property, without needing millions in the bank. How does it work – and is there a downside?  

Monday, 25 September 2023

[Post 279] Living From Paycheque To Paycheque Every Month: Meet The Moonlight Clan | Money Mind | Adulting


Summary

Meet the Moonlight Clan – Gen Zs in the Chinese-speaking world, who spend everything that they earn every month. Can they break this cycle – and do they want to? 

Sunday, 24 September 2023

[Post 278] Where You Should Stash Your Cash In Case Of A Financial Emergency | Money Mind | Personal Finance


Summary

Life is full of surprises. And when the unexpected happens, you can cope better with an emergency fund. Money Mind finds out how to grow your fund and keep the money accessible. 

[Post 277] Why The U.S. Won’t Pay Down Its Debt


Summary

The U.S. national debt is nearly $33 trillion as of early September 2023. Every year since 2001, the U.S. government has spent more money than it takes in, which means it has to borrow money to make up for the difference. The national debt is frequently discussed as a danger to future generations, but some economists say there’s no reason to get the national debt down to zero. One reason for that is without the debt, there would be no federal government securities, such as Treasury bonds, which provide investors a safe place to park their money while accruing interest. Most economist warn, however, that there’s a balancing act when it comes to the national debt. Watch the video above to learn more about why the U.S. can’t get a handle on the national debt and whether it even has to.