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Discovering Malaysia’s YB Tan Sri Dato’ Lee Shin Cheng And The Value Of The Oil Palm


wealthymattersMe? I love visiting malls and market-places and make it a point to visit them every place I go. Nothing gives me a better understanding of the local people and visitors, their likestyle, likes, preferences and aspirations than visiting malls and marketplaces.

Visit Malaysia, and if you are anything like me at all, its unlikely you’ll not likely take in the IOI City Mall. Pause to ask what is IOI ? And you will hear of IOI Corp Berhad, the largest producers of oil palm related products in the world and the name behind many real estate developments in Malaysia and of course of Tan Sri Dato’ Lee Shin Cheng, the oil-palm king, the man behind it all. Dig deeper and you will hear the very inspiring story of his life. Read more of this post

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Investing Like An Indian Politician


wealthymattersThe one thing career politicians in India know is that income often comes in fits and starts and there is a need to provide for necessities and expenses in the meantime.

Here’s what a lot of them will do.

1.FDs in the name of every family member not qualifying to fall in the tax-net. That way some regular income for necessary expenses is always generated.

2.Land: Invest in land in appreciating location.Agricultural land purchased on any national highway at distance of 15 to 25 kms from the city centre of big cities have tended to double in 2-3 years and so make excellent main appreciating assets .Take up agriculture yourself or let out the land to other farmers for rent .So your income will be tax free and the underlying asset will appreciate as well. Regularly sell land on appreciation and move away further to grow capital. Urban land too works but community activities on it are not tax free. Read more of this post

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