Everyday Money with Khor

Layman explanation on what happened on Monday with market drop and Japan interest rate increase.

The $6.4T Stock Drop - Why Is Everything Down? 00:00 - The Global Stock Crash02:06 - What's Causing the Drop?02:50 - 1: Fed Rate Decision04:39 - 2: Labour Data06:49 - 3: Japanese Carry Trade10:14 - How Ma...

⚠️Warning from Securities Commission Malaysia.⚠️

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But, before you click on that link, are you sure they are trained in the right financial knowledge, or dealing with financial products approved by Securities Commission Malaysia?

⭕ Please only engage with licensed consultants for your financial needs. Don't be the next scam story's victim.

🔹🔹🔹Who am I? 🔹🔹🔹
Your licensed Unit Trust Consultant with 17+ years investment experience, and 7+ years full time in the industry.
A team leader looking to expand my team of business partners.



⭕ #看到红色就想到红色银行的我

有人问我为什么说信托基金投资越久就越赚钱❓
与其画图讲道理.
我觉得拿现实案例来分享给大家会比较容易明白.

这是我其中一个顾客的信托基金户口.
她是一名65岁的寡妇. 丈夫早她几年离开, 独生女已嫁到外国.
在1990 年她开了一个信托基金户口, 每月只定投 RM300.
1997 年发生亚洲经济风暴 可是她的顾问却不见了⁉️
因为没有专业顾问来给她正确的指导, 所以她选择停止每月 RM300 的定投, 把户口放一边.
⭕️她的户口只定投了 100 多个月, 一共投资了 RM32,100.

2020年 COVID19 MCO 时需要一笔钱应急, 通过她的朋友把我介绍了给她. 这60多岁的女士对电脑不熟不懂要怎样通过官网拿钱, 因为LOCKDOWN 又不能去 branch 填表格. 我就亲自上门为她服务.
帮她处理好 ID & Password 后我问她需要拿多少钱?
😪她需要 RM70,000 处理银行债务, 可是她只投资 30几千, 户口里可能不够钱吧?
当我们一起打开她的户口时, 她吓呆了. 问我是不是进错人的户口了? 因为她无法相信眼前所看到的画面.
⭕️户口里的 30几千已经涨了 7️⃣倍!! 现在户口里有 200多千块钱!!
她当时非常激动, 一边流着眼泪一边听从我的指示把需要的钱转去她的储蓄户口. 过后还教她如何用 online banking 还她的银行债务.

每次有人问起为什么信托基金适合做长期的投资, 我都会想起这位 auntie 一边哭着一边感谢我的样子. 我非常鼓励顾客们好好的存钱在信托基金户口, 以后你会感谢今天的自己. 🙏

#赚钱不存钱会没有钱 #存钱不理财会不够钱
⭕️
#你的上门银行

May the joy of unity and tradition bring happiness to you on this special day.

你不能决定太阳几点升起, 但可以决定自己几点起床.
你不能控制生命的长度, 但可以增加生命的宽度.

生活不能等待别人来安排, 要自己去争取和奋斗;
而不论其结果是喜是悲,
但可以慰藉的是, 你总不枉在这世界上活了一场.

你要活得多精彩, 选择权在你手上.

⭕️ #看到红色就想到红色银行的我

#事业
#时间自由
#感恩

🔵 公积金户口将于 2024 年 5 月 11 日进行户口重组
🔵 所有55岁以下的EPF会员都将强制参与
🔵 重组后，你的账户结余将被划分如下：例如结余为 RM300,000
🔸Acc 1 75% RM225, 000 🔸55岁提取
🔸Acc 2 15% RM 45, 000 🔸50岁提款
🔸Acc 3 10% RM 30, 000 🔸随时提款

🔵 5月11日至8月31日期间，您可申请将 Acc 2 1/3 转至 Acc 3
🔵 Acc 3 可以随时提款，最低提款金额为RM50

⭕ 你会选择将 Acc 2 移至 Acc 3 吗？
⭕ 你会如何利用你的 Acc 3?

https://www.kwsp.gov.my/en/w/epf-account-restructuring-

#赚钱不存钱会没有钱 #存钱不理财会不够钱
⭕ #看到红色就想到红色银行的我
#公积金 #第三户口

全世界对晶片的需求还是非常的高.
科技越发达就需要越多的晶片. 📈

https://www.sinchew.com.my/?p=5524894

"The hydrogen fuel cell system prototypes take advantage of Honeywell’s proven Proton Exchange Membrane fuel cell technology, which is used in unmanned aerial systems (UAS) in commercial and defense applications."

Honeywell wins contract to develop hydrogen fuel cell power system for U.S Army soldiers System to accommodate a soldier’s on-the-move power needs

On March 13, the Energy Department announced the selection of 52 different projects, totaling $750 million in funding from the 2021 Bipartisan Infrastructure Law, aimed squarely at that target (bringing down the cost of green hydrogen to $1.00 per kilogram). With additional cost-share funding from the awardees, the total cost of the program is $1.6 billion.

The emphasis is on bringing down the cost of both fuel cell and electrolyzer systems. The program also includes funding for end-of-life handling and recycling of electrolysis systems.

Australia, US See Low Cost Green Hydrogen On Horizon Australia and the US are among those foreseeing that green hydrogen will kick fossil fuels out of the global hydrogen supply chain.

Malaysia is looking into possibility of implementing Hydrogen as part of Malaysia Hydrogen Economy and Technology Roadmap (HETR) to reach zero carbon emission by 2050.

分享氢技术潜力 科艺部展示试驾氢能车 科学、工艺及革新部今天在投资、贸易及工业部大厦大厅展示试驾氢燃料汽车，借此分享氢技术的潜力，特别是在移动领域。

In its first rate increase in 17 years, the BOJ decided at a two-day meeting to guide short-term interest rates within a range of zero and 0.1 percent, judging that its goal of attaining stable 2 percent inflation is "in sight."

BOJ ends negative rate, shifts from unprecedented monetary easing The Bank of Japan scraps its negative interest rate policy, in a major overhaul of the central bank's unprecedented monetary easing framework of the past decade that aimed to end deflation.

台湾 TSMC 在熊本縣举办的 [熊本产业复兴展] 中获得青睐.

「くまもと産業復興エキスポ」始まる 台湾企業のブースも ｜NHK 熊本県のニュース 【NHK】台湾の半導体大手、ＴＳＭＣの進出をきっかけに、熊本への関連企業の集積が進むなか、県内産業の最新の技術などを紹介する催しが益城町で始まりまし…

Hokkaido Silicone Valley

https://finance.yahoo.com/news/japan-bets-67-billion-become-210013021.html

Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again (Bloomberg) -- Deep in the snowy northern island of Hokkaido, Japan is pouring billions of dollars into a long-shot bet to revive its chip-making prowess and insulate its economy from growing US-China tensions.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Stud...

Japan is looking to regain some leadership in the semiconductor arena.

TSMC’s two factories in Japan will not manufacture the most cutting-edge chips, but they will focus on applications in areas like semiconductors for the automotive industry, industrial uses, consumer and so-called high-performance computing.

World's biggest chipmaker TSMC to open second Japan factory with backing from Sony, Toyota The expansion of TSMC's operations in Japan highlights the Japanese government's push to onshore manufacturing of semiconductors.

Rapidus was formed by veteran Japanese semiconductor executives—most notably its president, Koike Atsuyoshi (who recently headed memory maker Western Digital Japan) and its chairman, Higashi Tetsuro (former CEO of chip equipment maker Tokyo Electron).
The shares are held by 12 Japanese semiconductor experts. The consortium members are Japanese high-tech and financial firms including Toyota, Sony, NTT, NEC, Kioxia (Toshiba), Softbank, Denso, and Mitsubishi UFJ Bank.

Japan Seeks to Revitalize Its Semiconductor Industry Japan is pursuing ambitious efforts to revitalize its semiconductor industry, leveraging international partnerships to reestablish itself as a major player in chip manufacturing and driver of leading-edge chip research and development.

The Power of AI

Microsoft researchers used AI and supercomputers to narrow down 32 million potential inorganic materials to 18 promising candidates in less than a week - a screening process that could have taken more than two decades to carry out using traditional lab research methods.

The process from inception to the development of a working battery prototype took less than nine months.

New material found by AI could reduce lithium use in batteries Microsoft said AI and supercomputing were used to synthesise an entirely new material.

🚗Honda and 🚗Nissan announced today that their collaboration with 🚗Toyota to establish the Advanced SoC Research for Automotive (ASRA) to develop high-performance digital semiconductors (System on Chip, SoC) for cars.

Also part of ASRA are companies within Toyota’s sphere of influence, including 🚗Subaru, 🚗Mazda, and ⚙️Denso. Other independent companies in ASRA are battery manufacturer 🏭Panasonic, automotive electronics leader ⚙️Renesas, 💻Cadence, ⚙️Socionext, and ⚙️Synopsys.

Let's stop fighting: Former rivals unite under Toyota to form Team Japan for next gen chip tech | WapCar Honda and Nissan announced today that their collaboration with Toyota to establish the Advanced SoC Research for Automotive (ASRA) to develop high-performance digital semiconductors (System on Chip, S

TSMC also spoke about how its plans to manufacture transistors within a 1nm die lithography by 2030 but it’ll move at regimented production speeds, with production expected to begin by the end of 2025.

TSMC Reveals Roadmap For 1nm Process, Trillion-Transistor Chips - Lowyat.NET During the recent International Electron Devices Meeting (IEDM) at San Francisco in the US. TSMC, the Taiwanese semiconductor maker and fab, laid out its

Happy Winter Solstice! Wishing you abundant joy and blessings as you celebrate this day with your loved ones!

"The meetings will explore potential partnerships and technology sharing between Nvidia and its partners. Reuters claims an invitation letter to the event points to ways 'to boost the semiconductor industry' in Vietnam and 'Nvidia's potential partnership with Vietnamese tech firms.'"

Nvidia reportedly eyeing Vietnam for future chip production as chipmakers look for China alternatives Nvidia could give a boost to the Vietnamese semiconductor industry.

US-based Semiconductor Industry Association (SIA) said global semiconductor industry sales are projected to reach US$588.4 billion (RM2.75 trillion) in 2024. SIA said global sales dipped 0.7% year-on-year in October to US$46.6 billion from US$46.9 billion.

Global semicon sales projected to reach US$588.4 bil in 2024, says SIA Global semiconductor industry sales are projected to reach US$588.4 billion (RM2.75 trillion) in 2024, according to the US-based Semiconductor Industry Association (SIA).

熊本高專與成大簽署備忘錄 推動半導體共同研究 | NHK WORLD-JAPAN News 隨著台灣半導體龍頭台積電進駐熊本縣，半導體相關的人才培育成為課題，熊本高等專門學校與台灣的大學簽署備忘錄，將推動學生交流及共同研究等。

日本企業紛紛改造現有工廠 投入半導體製造 | NHK WORLD-JAPAN News 日本國內一度縮小規模的液晶和太陽能板等工廠，廠商紛紛進行「再利用」，改建為新的半導體生產據點。

"SBI控股和台灣半導體大廠「力晶積成電子製造股份有限公司(PSMC)」在上週宣布，將共同投資超過8000億日圓，在大衡村興建新的半導體工廠. "

半導體廠將進駐 宮城縣為台灣員工打造生活環境 | NHK WORLD-JAPAN News 日本大型網路金融公司「SBI控股」和台灣半導體大廠，將聯合於宮城縣大衡村興建半導體工廠，對此宮城縣知事村井嘉浩於11月6日在例行記者會上表示，有意成立新的專案小組，協助打造基礎建設及確保人才資源。

Malaysia’s semiconductor industry holds a 7% share of the global market and contributes 23% of the United States’ (US) semiconductor trade.

Malaysia accounts for 13% of global backend semiconductor output and excels in chip assembly, packaging and testing, as well as electronics manufacturing services.

Malaysia welcomes investments in semiconductor value chain KUALA LUMPUR (Nov 6): Malaysia, which holds an important position in the global chip-making supply chain, embraces investments in both the backend and frontend of the semiconductor value chain, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Denso, a Toyota group supplier and one of the world's largest makers of auto parts and components, has been ramping up its chip business in recent years, including by forging partnership deals to help it secure more semiconductors.

Japan's Denso to invest $3.3 billion to bulk up chips business TOKYO :Japanese automotive supplier Denso will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company's president said on Thursday.Denso, a Toyota group supplier and one of the world's largest m...

Kong Wai Hui 是我多年的好友和伙伴, 出席这场创业分享会的你将接收到不含糊的无私分享. 我绝对可以为你担保这点.👍

我们是 , 全国Top 10的顶级团队, 也是受到 公司的青睐能与公司CEO同坐一席的少数团队.
今年我们还是非常积极的寻找人才参与我们的事业.

我们在寻找:
⭕在工作环境到瓶颈的人
⭕想要获得时间自由的人
⭕要创业打造被动收入的人
如果如何以上条件, 我非常建议你出席这场事业分享.

=============================
📅日期: 10月19号 (星期四)
⌚时间: 晚上8点正
💻会场: Public Mutual Damansara Perdana
(请联络我索取邀请函)👌



#创业
#被动收入
#时间自由

As expected by market analysts, Federal Reserve opt to maintain current interest rate, as they see US inflation is under control, and raising positive market indicators.

"In a unanimous decision by the Federal Reserve officials on Wednesday, the central bank resolved to maintain its current interest rates, which range from 5.25% to 5.5%, according to recent developments. This move aligns with the expectations of market watchers.

However, looking forward to 2024, these same projections suggest a potential decrease in rates. Specifically, it is predicted that two rate cuts could occur throughout 2024, which would bring the federal funds rate down to an estimated 5.1% by year-end."

Federal Reserve maintains rates, projects potential hike and cuts in coming years By Investing.com Federal Reserve maintains rates, projects potential hike and cuts in coming years

"The US economy may just skirt a recession after all and most of the effects of rate hikes have already taken shape, according to Stefania D'Amico and Thomas King, economists at the Federal Reserve Bank of Chicago.

In a new September report, they argued that the 11 rate hikes since March of 2022 have put the economy on track for a Goldilocks scenario of a soft landing, and there may no longer be a need for further monetary policy tightening."

The Fed's own economists now expect a Goldilocks scenario: No recession, low inflation, and positive growth The Federal Reserve Bank of Chicago is now forecasting inflation to cool without an economic downturn by sometime in 2024.