Financial Roundup: Feb 9, 2015

Insurance: Medical Exclusions

• What is covered & not covered in your medical insurance?
• Is there anything not covered in 30days / 120 days / etc?
• Medical Insurance Exclusions

EPF: KWSP 6.75% Announcement

• Gross income 39bn (2013: 35bn)
• 33% returns from overseas
• EPF target returns of past 3yr average inflation rate +2%
• http://www.kwsp.gov.my/portal/ms/web/kwsp/news-listing-page

• New CEO for Petronas
• Wan Zulkiflee, Anuar, Md Arif or Ahmad Nizam?
• New succession policy set by current CEO Tan Sri Shamsul Azhar Abas
• http://www.thestar.com.my/Business/Business-News/2015/02/09/Next-24-hours-will-determine-who-runs-Petronas/?style=biz

• 11 recessions since end of WW2; Avg 1 every 6yrs
• History shows caused by govt errors & private sector
• Federal Reserve ended stimulus (QE) in late 2014 but facing risk of deflation
• Also risk of Europe economic crisis affecting
• http://www.forbes.com/sites/billconerly/2014/12/29/are-we-due-for-a-recession-in-2015/

• Listen more than you talk
• Carry something to capture your thoughts
• Have eye contact & be engaging
• https://www.linkedin.com/pulse/best-advice-listen-more-than-you-talk-richard-branson