James Chong

Digital currencies are continuing to make headlines. Berkshire Hathaway, the company of star investor Warren Buffett, has bought $1 billion worth of stock in a digital bank focusing on cryptocurrencies. Regulators and central banks remain concerned. The price of bitcoin plunged to $34,000 in February from $69,000 in November. So should you join the

What is an emergency fund? An emergency fund is a bank account with money set aside to pay for large, unexpected expenses, such as: Unforeseen medical expenses. Home-appliance repair or replacement. Major car fixes. Unemployment. Why do I need an emergency fund? Emergency funds create a financial buffer that can keep you afloat in a … Read more “Pr

You may scoff at the idea of getting into investments with just RM1,000. You might think, “What can I do with that meagre amount?” A lot, actually. You’ll be surprised at how much you can gain in years to come if you invest that money right now. You don’t need to invest hundreds of thousands … Read more “Private: RM1,000 Investment Guide: Where Do

1. Market risk The risk of investments declining in value because of economic developments or other events that affect the entire market. The main types of market risk are equity risk, interest rate risk and currency risk. Equity risk – applies to an investment in shares. The market price of shares varies all the time depending on demand and supply