Lowyat.NET: Latest topics by wopucetaw

Profit rate vs interest rate

wopucetaw — Mon, 06 Jan 2020 23:33:24 +0800

Recently I saw CIMB have both Basic Savings Account both conventional and Islamic types of accounts.
But I don't really understand the differences of both. Searched in google but definition is rather confusing.
Somehow managed to extract Islamic way of banking is where you become partner to bank means if bank loss then savings kena deduct.
Not sure true or not. Perhaps any expats, experts or anyone knowledgeable in banking line care to assist on listing which one better for a savings account.

What should I do?

wopucetaw — Thu, 18 Jul 2019 13:37:19 +0800

Yesterday while I travel back to my home, I saw a purse down the road while traffic light went red but I dont dare to pick it up. Later another bike with pillion took the purse and chiaw the place like nothing happened.

So the question is should I have taken the purse and return to the owner or to the police station or not?

Somehow the guilty feeling happened like saying that I should have done the right thing BUT looking at our country culture I kind of having doubt about being good also.

financial advice

wopucetaw — Sat, 23 Feb 2019 13:17:04 +0800

Hello guys, ayam working in a permanent role which is <rm3k. currently under pressure on finding other sources of income. Currently going on 28 yo. This is because of pressure of getting way of life. Kindly please suggest any advice as tensed up with other colleagues who pretends life is normal for them.