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If you are asking this question, it’s likely that you do not have a bank credit card or you intend to have one but need to understand this credit card ‘creature’ a little bit more before having a relationship with it. The credit card industry is a very lucrative business for banks as they charge high interest rates for outstanding balances.  However, the credit card does have its benefits: For convenience and to enjoy the benefits that come along with the cards such as discounts, point’s redemption, cash back, etc. It’s better than borrowing from “Ah Long”. You would need it if you or your loved ones need to get admitted to a private hospital. Private hospitals will need a deposit before they do any major procedure on you or even to admit you. Or else, you will be transferred to the government hospital. Further, most of us do not carry so much cash in our wallet. You would need it if you are suddenly jobless for whatever reasons and you have no extra cash. Living in

Smart tips from CIMB: Online Identity Fraud / Phishing Online Identity Fraud also known as "Phishing" occurs when fraudsters pose as trusted organizations and send out thousands of fradulent emails to random email addresses. These emails usually contain a link to a look-alike website. These look-alike websites will trick bank customers to reveal sensitive information such as their user ID, password, TAC, etc. Compromising these sensitive information enables the fraudsters to access the customer’s bank account. If you suspect you've been sent a fraudulent email, contact your local CIMB Bank customer service officer immediately or send us a secure mail after you sign on to Internet Banking. Our security team will investigate and work with the appropiate authorities to disable the fraudulent site as soon as possible. Do not input any sensitive information that might help provide access to your accounts, even if the website appears legitimate. Phishing Mule Basica

I prefer using cash back credit cards because I enjoy the cash rewards, but other great credit card options can earn you travel rewards, loyalty points, or other rewards based on your spending. Just remember to treat your credit card like a debit card (only spend the money if you have it) and you will be fine. Recommended promotions: HSBC Amanah 6% cash back http://www.hsbcamanah.com.my/1/2/amanah/personal/credit-cards/mpower-visa-platinum-credit-card-i Maybankard 2 American Express; 5% weekend cash back. http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?channelId=CRD-Cards&cntTypeId=0&cntKey=CRD01.61&programId=CRD01-CreditCards&chCatId=/mbb/Personal/CRD-Cards

Removal of Over-Limit Fees (for Credit Cards only) "We would like to inform effective 1st October 2011, the Over-Limit fees of RM10 chargeable on each occurrence of over-the-limit, shall ceased. Should you have any queries on this matter, please contact our Call Center at 03-76268899 or visit any of our branches." More info: http://www.hlb.com.my/pfs/latest/latest_notice57.jsp

Should you apply for a credit card? There are good points and there are bad points. Let me begin with some good points: It’s better than borrowing from “Ah Long”. You would need it if you or your loved ones need to get admitted to a private hospital. Private hospitals will need a deposit before they do any major procedure on you or even to admit you. Or else, you will be transferred to the government hospital. Further, most of us do not carry so much cash in our wallet. You would need it if you are suddenly jobless for whatever reasons and you have no extra cash. Living in a city means you can’t plant your own vegetables and hunt for meat. Almost everything cost money!  The bad points: You start to buy expensive and branded products as if there is no need to pay back. You do not manage your credit card account/s and got yourself blacklisted.

Maybank HSBC UOB CIMB Direct Access (under CIMB) RHB Citibank EonBank (under Hong Leong) Alliance Public Bank Affin Bank Hong Leong Standard Chartered OCBC AmBank MBF (under Ambank) Bank Islam Aeon BSN Bank Rakyat

A balance transfer allows you to transfer the ‘credit card balance’ that you owe in one bank to the other bank. This service allows you to reduce the interest (17.5% per year) that you are paying the banks to as low as 0% for 3 months. However, please take note that the ‘0% for 3 months’ will expire after three months and the interest will return to 17.5% per year. The following are some of the *balance transfer programs available: Banks Balance Transfer Rates Balance Transfer Tenure Maybank 0% per month 12 months CIMB Bank 0% per rmonth 6 months Hong Leong 0.5 % per month 6 months RHB 3% onetime interest charge 12 months HSBC 5.99% per year 12 months *Note: Please check with the banks for updates.

Gold (XAU/USD): Bought (Long) gold at USD 1490/ounce (18th May 2011) Maintain long position for gold;  Close position if gold spot price close below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred. NFP (non-farm payroll) report result on Friday., actual result lower than expected. Bearish for USD but bullish factor for gold. Silver (XAG/USD): All silver positions closed. Stand aside awaiting new entry signal (uptrend) for silver price to close above resistance at 20 DMA (daily moving average)); exponential moving average preferred. Change for Silver (XAG/USD) for the past 5 years = +198%; averaging at 40% per year. Change for Silver (XAG/USD) for the past 1 year = + 100%; therefore, silver is over-priced at the moment.

Gold (XAU/USD): Bought (Long) gold at USD 1490/ounce (18th May 2011) Maintain long position for gold. Close position if gold spot price close below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred. Silver (XAG/USD): Bought (Long) silver at USD 37/ounce (27th May 2011) Maintain long position for silver. Close position if silver spot price close below USD 36.5/oz (support at 10 DMA (daily moving average)); exponential moving average preferred.

Gold (XAU/USD): Bought (Long) gold at USD 1490/ounce (18th May 2011) Maintain long position for gold. Close position if gold spot price goes below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred. Silver (XAG/USD): All silver positions closed. Stand aside awaiting new entry signal (uptrend) for silver price to close above resistance at 20 DMA (daily moving average)); exponential moving average preferred. How to invest and trade in gold and silver? http://www.fxcm.co.uk/ http://www.forex.com/uk/trade-metals.html https://secure.easy-forex.com/evo/int/en/registerjoin.aspx Download the FREE eBook: Currency | Forex Trading for Dummies http://www.forex.com/uk/land-dummies.html FREE online forex education http://www.babypips.com/school/

The Best Silver and Gold Buying Opportunity of the Next 10 years in the Next Three Months  GoldPrice Y'all better be breaking up those piggy banks and digging the change out of your couches, because y'all are about to taste the best buying opportunity of the next 10 years here in the next three months...

XAG/USD (Silver):   Bought (Long) at USD 35.55/ounce  (9th May 2010) Maintain long position.  Close position if daily closing price goes below USD 35.5/oz (support at 100 DMA (daily moving average))

Price closed below 20 Daily Simple/Exponential Moving Average Realized Profit:  USD 43.00 - USD 30.3/oz = USD 12.7/oz (142%) Duration:  3 months Return On Investment:  168 % per annum Leverage: 10 X Return On Investment:  1680 % per annum   Please refer to previous posts: http://onedaymba.blogspot.com/2011/03/online-gold-and-silver-trend-alerts.html http://onedaymba.blogspot.com/2011/02/online-gold-and-silver-trend-daily.html http://onedaymba.blogspot.com/search?updated-min=2010-01-01T00%3A00%3A00-08%3A00&updated-max=2011-01-01T00%3A00%3A00-08%3A00&max-results=3 Please feel free to share your experience under 'post a comment' for the benefit of other readers. Thank you! Related terms: Forex, Gold, Silver, trend, alerts, signals, trading, investment, gold price, spot gold, price of gold, gold spot, forex trading, forex charts, forex factory, forex market, CFD, trader

This is a performance update. Those who have followed my advice on Silver (XAG/USD) 9 Feb 2011 post and hold your position until now would know that you have made at least 60% on your capital (over a period of less than 3 months). That's not bad a performance compared to your usual unit trust or mutual fund investment. The more savvy ones who leverage 100 times through the brokers that I have recommended would have made 6000 % . Sound impossible? Better still, those who have followed my advice in November last year would have made close to 9000 %. By the way, you may be in a disbelief but there was no complicated strategy involved. Feel free to comment.

XAG/USD (Silver):    Bought (Long) at USD 30.3/ounce  (9 Feb 2010) Maintain long position.  Close position if price goes below USD 35.7/oz (support at 20 DMA (daily moving average)) XAU/USD (Gold): Bought (Long) at USD 1355/ounce (9 Feb 2010)  Maintain long position.  Close position if price goes below USD 1400.00/oz    (support at 50 DMA (daily moving average)) How to invest and trade in gold and silver: http://www.fxcm.co.uk/ http://www.forex.com/uk/trade-metals.html https://secure.easy-forex.com/evo/int/en/registerjoin.aspx Related terms: Forex, Gold, Silver, trend, alerts, signals, trading, investment, gold price, spot gold, price of gold, gold spot, forex trading, forex charts, forex factory, forex market, CFD, trader

XAU/USD (Gold): Bought (Long) at USD 1355/ounce (9th Feb 2011) Maintain long position. Close position if price goes below 50 DMA (daily moving average) XAG/USD (Silver): Bought (Long) at USD 30.30/ounce (9th Feb 2011) Maintain long position. Close position if price goes below USD 28.30/oz (support at 20 DMA (daily moving average)) Commentary: Silver-and-gold-price-have-not-declined How to invest and trade in gold and silver: http://www.fxcm.co.uk/ http://www.forex.com/uk/trade-metals.html https://secure.easy-forex.com/evo/int/en/registerjoin.aspx Related terms: Forex, Gold, Silver, trend, alerts, signals, trading, investment, gold price, spot gold, price of gold, gold spot, forex trading, forex charts, forex factory, forex market

XAU/USD (Gold): Bought (Long) at USD 1355/ounce (9th Feb 2011) Maintain long position. XAG/USD (Silver): Bought (Long) at USD 30.30/ounce (9th Feb 2011) Maintain long position. Close position if price goes below USD 28.30/oz (support at 20 DMA (daily moving average))

XAU/USD (Gold): Bought (Long) at USD 1364.55/ounce (23 Nov 2010) Close position if price goes below USD 1337.00/oz (support at 50 DMA (daily moving average)) XAG/USD (Silver): Bought (Long) at USD 26.55/ounce (19 Nov 2010) Maintain long position. Close position if price goes below USD 25.95/oz (support at 20 DMA (daily moving average))

GOLD HAS PAID-OFF IN GAINS OF HUNDREDS OF PERCENT - MINIMUM - TO ANYONE THAT HAS OWNED IT SINCE 2000. XAU/USD (Gold): Awaiting new signal Position has been liquidated Refer to related post. XAG/USD (Silver):    Awaiting new signal Position has been liquidated Refer to related post.