It was such an honor yesterday to be sharing the same speaking platform with Ernie Chen, a serial entrepreneur and master wealth advisor. The title of the day was “3 Wealth Creation Strategies for Investors”.
Ernie started the seminar with a bang as he shared the 1st strategy of the “3 Wealth Creation Strategies for Investors” and that definitely left the audience “asking” for more. That’s when I went in to share some insights for our fellow Malaysians who were hungry to increase their Wealth Intelligence. The free seminar was held at ATCEN Learning Centre, Damansara Perdana. An insightful time indeed for all those who were present.

Countries are going bankrupt! How will this impact your wealth?

A strong holding in my investment portfolio – Precious Metals

Just right after I shared the importance of protecting from hyperinflation, The Star newspaper said this today:

Friday July 23, 2010

Higher inflation seen in second half

By IZWAN IDRIS
izwan@thestar.com.my

Economists expect strong ringgit, trade figures to moderate CPI rise

PETALING JAYA: Subsidy cuts will drive consumer prices higher in the second half of the year, but the rise in inflation will be countered by the strong ringgit and positive trade figures, economists said.

But there are doubts about the stuttering global economic growth that could limit demand for exports. This, some economists said, might prompt policymakers to delay further interest-rate hikes, until they could ascertain the impact of costlier fuel on domestic demand.

“We feel that raising interest rate at this time will add to costs and fuel inflationary pressures in an enviroment of cost-driven inflation,’’ CIMB Research said in a note yesterday.

On Wednesday, official numbers showed the Malaysian consumer price index (CPI) rose 1.7% in June compared to a year ago, led by higher food prices.

Like it or not, hyperinflation is a potential threat and many will perish in this ‘financial disaster’. Yet at the same time, it is going to be an opportunity of a lifetime for those who are prepared to prosper from this ‘Money Predator’ ‘. The question is, which side do you belong to?

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