COO’s message…
How’s the Chinese New Year celebration and holidays? Specifically for
Chinese, did you give out a lot of angpows or did you receive a lot of
them? What’s the amount of money inside the packets? Is it still RM2 or
RM5 or RM10 or even higher? I think it depends a lot on who’s giving
them. The wealthier ones may give higher and the retirees may give
lower. Both are fine because angpows are meant to be a wish for the new
year and not an allowance to buy a meal or a new phone. I wished my
parents a healthy life, my parents wished my kids ‘fast tall growing
up.’ (in Mandarin) and for most of everyone else I wished a simple ‘Gong
Xi Fa Cai.’ From the amount of money inside the angpow to the wishes for
health and even wishes for my kids, the connector is still MONEY.
Nutritious food for the parents are not cheap. Vitamin supplements for
the kids need money. For most of us, we need a full time job or even two
jobs so that we have more money to spend. This is why investments are
vital. Whether it’s a property to hedge against inflation or a piece of
rare banknote which will be even more rare in the future, these are
investments that we should learn about and invest in. The good news is
that for Malaysia, all these investments are still available.
Demographics wise, the median age of Malaysians is just 29 which meant
property investments are safe for a long time more. Whether banknotes or
coins or even antiques, when we look at all the advanced markets, they
are already far ahead. The opportunities for these alternative
investments are just starting here in Malaysia. Get connected to all
these investment opportunities at Best2BID.com Happy investing!
Charles Tan,
Chief Operating Officer, MNP Group Sdn Bhd
Posted on 16 March 2018
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