About

A Software Engineer by profession, a part time Unit Trust Advisor and a curious person.

Despite wanting to just enjoy building software and automated systems, I can't escape from many of life's trouble such as money, people and health. Not to say that they are bad experiences, but rather to say, these are also important parts of life. Without them, life would be incomplete. Yet, it baffles me just how complicated the financial system has become, or how interaction with people become not so straight forward, and how many health problems are linked to current lifestyle issues, food production and an array of issues. In search of answers, I realized that there are structures in the so much that I do not know, and knowing them can be key to simpler living. Thus, I build this blog to journal them and hopefully others can help to add on or benefit from it.

That is why I called my self InnovIT. It is a nickname I created more than a decade ago. It used to mean innovation in Information Technology, but today it has a wider scope. Life is about innovation and with technology on the rise, it will be a tool to improve everyday life. Innovation can be applied in every way and every where, big and small, tech or not. So, this is whom I've become ...

Disclaimer

A bulk of the blog posts here may be related to financial advice because money is the most used tool in life. Whether it be financially or otherwise, please have due diligence on every subject matter and do not take these posts word for word as advice. It would be best to consult a licensed professional consultant (such as financial advisor, doctors or pharmacists, etc related to the subject matter). Ideas and advice reflected in the posts are the authors' personal opinion and for general reading consumption. They may not apply to any individual's unique circumstances.

"The Intelligent Investor" - The Greatest Investing Guide of all Time?

Successful investing does not need stratospheric IQ, insider information or luck for that matter. Instead what's needed is a sound intellectual method for making decisions combined with an ability to keep emotions from ruining it. In "The Intelligent Investor", Benjamin Graham presents such a framework together with logic that will help to keep your emotions under control. Arguably, his investing strategy has been one of the most successful one during the last hundred years. The impressive records, not just for Graham himself but also numerous of his disciples, are impossible to ignore. Among these disciples is the brightest shining star, Warren Buffet , who, at the time of this writing, is the 7th richest person in the world ( Ranking dropped from 3rd due to the corona-virus pandemic). Warren Buffet refers to this book as "by far the best book on investing ever written". Let us dive into the key points of this book. Defining "Investing" and "Sp...

Interest Rates Rolling Down the Hill

Have you ever thought that there will be a day when you put your money into the bank, the bank will not give you any interest but deduct your money instead? In 1998, the deposit interest rate in Malaysia was as high as 8% to more than 10%! But in 2008, the interest rates for fixed deposit dropped to 3.5%. And guess What? Today, in 2020, it's 1.5%! What's the reason behind this drop? Will it continue to drop? That's the question. In order to maintain economic growth, money supply must be increased in the country but the central bank cannot print money without restrictions. So at this time, lowering the interest rate is the only option to encourage people to spend more for consumption or investment. This is the trend going on around the world. In 2014, Euro entered the era of negative interest rate. In 2015, Switzerland and Sweden entered the era of negative interest rate as well. This is then followed by Japan in 2016. Today, we see the United States continues to lower the...

The Eight Rules of Money

Who is the fastest self-made billionaire ever? While it took Warren Buffet 55 years to join the billionaires club, Jay Walker literally did it in less than a year. He launched priceline.com during the DotCom Bubble and his net worth instantly jumped from zero to billions. However, it was not sustainable because when the bubble burst, his net worth crashed as well, while Buffet is still on top of the list, and he does not seem to go anywhere anytime soon. That is the kind of wealth you would want to build. The game of money is not easy - it's tough, competitive and ruthless. And if you do not know the rules, you will fail. The problem with most people is that they might work hard their entire lives but still end up poor at the end of the journey because they do not know how the game works. So if you want to find yourself on the other side of the coin, you better master the rules first. 1. Money does grow on trees I am sure that many of you have been taught the opposite truth b...

The Thinker's Expression

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