30 year vs 15 year mortgage

All investment advice essentially boils down to this: invest regularly, and start as early as possible. But this is easier said than done, especially when the earnings in our 20s are so low! However, here are 4 key things you can do now, even when you don't earn all that much, to set yourself up for an absolutely enviable financial future. Learn to use your credit card like a boss: pay zero interest and zero fees Your credit card only accumulates interest when you don't pay it in full. Even the smallest amount outstanding, starts the meter on the interest. The best thing you can do is set up standing instructions to pay the outstanding amount each time. Pay off your balance every month - this way you have all the benefits of a credit card, without paying a single paisa to the bank in interest. A trap you must avoid is having multiple credit cards - it's much harder to track your expenses when they're spread out over multiple cards. It can also be difficult to keep track of … [Read more...] about 4 Things to do before turning 30, for an enviable financial future.

- A + A KUALA LUMPUR (June 27): Analysts have maintained their "buy" rating of VS Industry Bhd (VSI) despite the company’s earnings for the nine-month period ended April 30, 2022 (9MFY22) coming in below their expectations. Despite maintaining a "buy" rating for the stock, Hong Leong Investment Bank (HLIB) Research trimmed its target price (TP) to RM1.14 (from RM1.21 previously). “In light of [the] rising interest rate environment and cost headwinds, we tweak our P/E (price-to-earnings) target lower from 18 times to 16 times. “As the biggest EMS (electronic manufacturing services) player in Malaysia with a solid track record, we opine that VSI would be able to weather through the gloomy clouds while simultaneously scour for opportunities from the trade diversion,” said the research house in a note on Monday (June 27). VSI’s net profit for the third quarter ended April 30, 2022 (3QFY22) dropped 30.1% year-on-year to RM51.29 million, from RM73.38 million … [Read more...] about Analysts keep ‘buy’ on VS Industry despite lower-than-expected 9MFY22 earnings

(Representative Image) As monsoon rain pummelled the northeast, Cherrapunji in Meghalaya recorded a massive 811.6 mm of rainfall in 24 hours ending 8:30 am on June 15, the highest in the month since 1995, the India Meteorological Department (IMD) said. One of the wettest places in the world, Cherrapunji has recorded more than 750 mm of precipitation on a June day on 10 occasions since the IMD started keeping records, the IMD data showed. On June 16, 1995, the town nestled in the East Khasi Hills gauged 1563.3 mm of rainfall. A day before, on June 15, 1995, it received 930 mm of precipitation. The Met office said the southwest monsoon further advanced into more parts of Maharashtra, Karnataka, Tamil Nadu and coastal Andhra Pradesh on Wednesday. It said the ongoing spell of intense rainfall is likely to continue in the northeast and sub-Himalayan West Bengal and Sikkim during the next five days. Close "Under the influence of strong southwesterly winds from … [Read more...] about Monsoon Update on June 15: Cherrapunji logs whopping 811.6 mm of rainfall in a day, highest in June in 27 years

US President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. (Kenny Holston/Pool via REUTERS) WASHINGTON — The United States aims to raise $200 billion in private and public funds over five years to fund needed infrastructure in developing countries under a G7 initiative aimed at countering China’s multitrillion-dollar Belt and Road project, the White House said on Sunday. US President Joe Biden will unveil the plans, flanked by other Group of Seven leaders, some of whom have already unveiled their own separate initiatives, at their annual gathering being held this year at Schloss Elmau in southern Germany. Increasingly worried about China, G7 leaders first floated plans for the project last year, and are formally launching it now under a fresh title, “Partnership for Global Infrastructure and Investment” while dropping the moniker “Build Back Better World” … [Read more...] about US to raise $200 billion for G7 vs China’s Belt and Road

Share to Twitter Share to Linkedin It’s been a rollercoaster ride for shares of Airbnb since the online home rental firm went public in December 2020. Shares rose in the second half of last year, peaking at just over $207 in November. Now they’re trading for about 50% less, following a decline in many U.S. stocks. One of Airbnb’s three billionaire cofounders has continued to sell shares monthly despite the stock plunge. Since June 15, 2021, Joe Gebbia, who is head of Airbnb’s nonprofit arm, has sold 5 million shares worth $713 million. He’s been selling at a rate of 200,000 to 700,000 shares a month, as recently as this month—parting with 8% of his stake in the company. After taxes, Forbes estimates Gebbia took home at least $450 million. Per Securities and Exchange Commission filings, those transactions were part of a predetermined trading plan. The only exception was March of this year, when Gebbia sold 1.4 million shares for a pretax total of $215 … [Read more...] about These Airbnb Founders Have Sold More Than $1 Billion Worth Of Stock Combined In The Past Year

Cast member Austin Butler poses as he arrives at the London screening of “Elvis” in London, Britain, May 31, 2022. Image: Reuters/Maja Smiejkowska LOS ANGELES — In an unusually close box office battle, “Elvis and “Top Gun: Maverick” have tied for first place in North America, with each film bringing in $30.5 million over the weekend. “Elvis” and “Top Gun: Maverick” were locked in a close battle all weekend as the King of Rock and Roll took the no. 1 spot on Friday and dropped to second place on Saturday, Variety reported. The final results will be tallied on Monday. Regardless of which film comes out on top, it’s a strong result for both. For “Elvis,” a $30 million debut is impressive for a movie catering to older audiences. For “Maverick,” it’s almost unheard of for a movie to generate $30 million in its fifth weekend of release. Overall, it’s an encouraging weekend at the box office as five movies are putting up sizable results. Four — “Elvis” and fellow newcomer … [Read more...] about ‘Elvis’ and ‘Top Gun: Maverick’ battle for no. 1 with $30.5 million each

Leon Barretto and Dennis Padilla. Image: Instagram/@dennisastig Dennis Padilla has responded to his son Leon Barretto’s open letter with an apology, asserting that he has been reaching out to his children for 15 years. Padilla showed again the throwback photo of himself with his son, which was what the actor posted when he disclosed about Leon, Julia and Claudia forgetting to greet him on Father’s Day. Padilla gave his response via his Instagram page yesterday, June 26, a few hours after Leon posted an open letter for him. “ I am sorry Leon… Miss ko lang kayo (I just missed all of you)… God bless you more!” Padilla said. Padilla then addressed the “false narrative” his son mentioned in his letter, with Padilla stressing that he has made efforts to communicate with them. “Just want to know what false narrative I said in public? I [have] been reaching out to all of you for 15 years in private,” the actor added. View this post on Instagram … [Read more...] about Dennis Padilla answers Leon Barretto’s open letter: ‘Been reaching out to you for 15 years’

The current rate at which individuals observe sustainability practices is far from halting climate change. Whether it is reducing the use of disposable items or saving more energy, environmentally conscious activities will only yield significant results if everyone is “cast in the same mold,” so to speak. That said, high-impact global sustainable development lies within the responsibility of the government and large organizations—conglomerates among them. Understanding such a role, SM Prime Holdings, Inc., one of the largest integrated property developers in Southeast Asia, has incorporated its sustainable practices in its developments early on.  Through SM Prime’s Costa Del Hamilo Inc . , a leader in the leisure resort industry and the movers behind Hamilo Coast – this premium seaside complex in Nasugbu, Batangas, fosters a tangible connection with nature. Marking its quindecinnial year, Hamilo Coast looks back at its milestones and achievements with its core emphasis on … [Read more...] about Hamilo Coast: Nurturing nature for 15 years and beyond

(Representative image) At a press conference hosted by India Meteorological Department (IMD), Mrutyunjay Mohapatra, director general, IMD of the state-run said that it is expected that India will receive 103 per cent rainfall of a long-term average this year. The director general further stated that rainfall in June will be 92 per cent-108 per cent of long period average of 165 mm. Most parts of the country are expected to receive normal to above normal rainfall except some parts of east central, east & northeast India and extreme southwest peninsular India, where it is likely to be below normal. The IMD defines average, or normal, rainfall as between 96 per cent and 104 per cent of a 50-year average of 87 cm (35 inches) for the entire four-month season beginning in June. Close India is likely to receive normal monsoon rains in 2022, the state-run weather office said on May 31, the fourth straight year of normal or above normal summer rains that spur … [Read more...] about India will receive 103% rainfall of a long-term average this year, says IMD Director General

- A + A KUALA LUMPUR (June 27): Hong Leong Investment Bank (HLIB) Research has valued Coraza Integrated Technology Bhd at 76 sen and said it believes Coraza will witness a multi-year growth from (i) Malaysia’s strong engineering supporting industrie s (ESI); (ii) strategic portfolio exposure s into the semiconductor, instrumentation, life science & medical devices and aerospace industries; and (iii) better product mix from major customers’ high-margin products. In a note on Monday (June 27), the research house said with Coraza’s existing factory running at 80 -90% capacity utilisation, 66.5% of the proceeds from IPO will be utilized to debottleneck its fabrication process via constructing a new double-story factory to accommodate new state-of-art machinery to capture the fut ure strong demand. HLIB said this new factory will be constructed in three phases with full effect expected to kick in by Dec 2023, which will double the group’s built-up area while adding … [Read more...] about HLIB values Coraza at 76 sen, sees multi-year growth