你可能很懂理財,也可能一竅不通。以下的10個理財觀念,對任何人都可適用,掌握這些原則與方法,幫你作出正確的理財抉擇。
1. 看財經局勢,做趨勢計畫
2.不要只為了賺錢而投資
3.用情緒理財是最失敗的策略
趙夫子
2014/02/21
According to FocusEconomics forecasts, ASEAN is set to expand a healthy 4.9% in Q3 2018, buttressed by strong domestic demand. However, this will still mark a loss of momentum from the second quarter’s 5.2% expansion, largely on sizeable slowdowns in Singapore and Thailand.
Available indicators for the third quarter point to solid economic momentum. The ASEAN manufacturing PMI—which covers all of the region’s economies with the exception of Brunei, Cambodia and Laos—increased in August on faster growth in output, new orders and employment. However, the uptick wasn’t particularly broad-based: exports declined and confidence remained subdued, casting doubts over whether the improvement will be sustained going forward. Moreover, industrial production figures for July were robust across the region, while export growth has stayed solid in most countries so far in the quarter, despite rising fears of protectionism.
Looking at ASEAN’s key economies, economic activity in Malaysia continues to be buoyed by fuel subsidies and the zero-rating of the goods and services tax on 1 June, which have boosted consumers’ purchasing power. However, public infrastructure spending is becoming more constrained as the government looks to rein in the fiscal deficit. In early September for instance, the government agreed to postpone the planned high-speed rail link to Singapore by two years.
The Lion City continues to perform solidly thanks to the services and manufacturing sectors, although construction remains depressed, particularly given measures to cool the property market introduced in July. Tough prior-year comparatives will see annual GDP growth slow in the third quarter. In Thailand, the overall economic picture is healthy thanks to strong manufacturing output and rising farm and non-farm incomes. However, the tourism sector has taken a short-term hit following the recent death of dozens of Chinese tourists in a boat accident. This appears to have temporarily dampened visitor numbers from the Asian giant—by far the top source of visitors to Thailand.
In Indonesia, although economic indicators point to the right direction, the economic panorama is being overshadowed by currency weakness which has seen the rupiah shed around 9% of its value against the dollar so far this year. This has led the Central Bank to intervene in the market to support the beleaguered currency and caused the government to adopt a series of measures designed to reduce demand for foreign currency, including hiking import duties on over 1,000 products.
Several other ASEAN countries, including Malaysia, the Philippines and Myanmar, have also seen their currencies depreciate over the last month as part of a broader selloff of emerging-market assets. In Myanmar, the persistent currency weakening led the Central Bank to abandon its currency trading band of plus or minus 0.8% in mid-August.
See the full FocusEconomics Consensus Forecast ASEAN report
Economic fundamentals are healthy, but trade war fears loom large
Looking ahead, growth should be robust across ASEAN. Private consumption will be supported by wage gains and strong labor markets, while global demand for the region’s exports should remain strong, despite a moderation in the pace of growth compared to the last 18 months. In addition, the economic performance of the Philippines will be supported by the government’s infrastructure push. However, public investment in Indonesia and Malaysia could be dampened by these governments’ attempts to limit imports and the fiscal deficit respectively. An escalation of the trade war between the U.S. and China is the key downside risk to growth, given the importance of both countries as export markets to the region. In addition, the likely fallout, coupled with the ongoing tightening cycle in the United States, could put pressure on the currencies of countries with weaker external positions, such as Indonesia and the Philippines. GDP growth for the region is expected to come in at 5.1% this year and 5.0% in 2019, which is unchanged from last month’s forecast.
The 2019 GDP reading reflects lower growth forecasts for Malaysia and the Philippines, an upward revision to Cambodia’s growth projection and unchanged forecasts for the rest of the region’s economies.
Our panel projects that Myanmar will be the fastest-growing economy in the region next year, with a 7.4% expansion, as it continues to benefit from structural reforms and greater economic liberalization. Among the major economies in the region, Vietnam and the Philippines should record the fastest growth. Conversely, high-income Singapore is expected to record the weakest expansion, at 2.7%, reflecting a moderation of growth towards potential.
INDONESIA | Growth stays robust, but currency concerns cloud the panorama
Growth picked up in the second quarter on stronger private and government consumption, and the economy appears to have performed well so far in the third quarter. Industrial production and tourist arrivals boomed in July, while retail sales were solid in the same month. Moreover, in August consumer sentiment was firmly in optimistic territory and the manufacturing PMI rose to a multi-year high on faster output and new orders growth. However, the external sector remains a key vulnerability, with a second consecutive monthly trade deficit recorded in August. This is putting downward pressure on the rupiah, which has reached a 20-year low against the dollar in recent weeks as part of a wider emerging-market selloff, forcing the central bank to dip into its international reserves to support the currency. As part of a broader package aimed at propping up the rupiah, the government recently announced higher import taxes on over 1,000 products.
Domestic demand should continue to underpin growth going forward, with fixed investment supported by higher commodity prices and government consumption likely receiving a boost ahead of elections in April 2019. However, tighter monetary policy, delays to public investment projects, cooling Chinese demand and U.S.-China trade tensions pose downside risks to growth. FocusEconomics panelists see GDP expanding 5.2% in 2018. In 2019, the economy is forecast to grow 5.3%, which is unchanged from last month’s forecast.
See the full FocusEconomics Consensus Forecast ASEAN report
THAILAND | Rising incomes spur growth, but tourism sector suffers a setback
After economic growth remained robust despite easing in the second quarter, the latest data suggests that momentum has moderated somewhat in the third quarter but remained healthy. In August, the manufacturing PMI continued to ease and dipped into contractionary territory, while business sentiment softened despite staying broadly optimistic. In addition, in July the tourism sector lost some steam due to a recent tour boat accident, while the trade sector recorded a small deficit. On the other hand, manufacturing growth was robust in the same month while private consumption expanded, likely thanks to rising consumer confidence, favorable farm and non-farm incomes and solid private credit growth. In the political arena, the government is moving closer to holding general elections next year, after two bills were approved in mid-September which suggest an election will be held by May 2019 at the latest.
Softer external demand growth and rising trade war fears should result in a deceleration of economic growth in the second half of the year. Next year, a further moderation in export growth is expected on the back of heightened trade tensions. Nonetheless, the domestic economy should benefit from robust tourist arrivals, government infrastructure investment and strong private consumption. The panel projects the economy to grow 4.3% in 2018 and 3.8% in 2019, unchanged from last month’s forecast.
MALAYSIA | Government agrees minimum wage hike, continues efforts to rein in public infrastructure spending
Recent indicators suggest the economy has gained pace in Q3. In July, industrial production growth picked up on the back of faster expansions in the manufacturing and electricity sectors, while the trade surplus widened in the same month on stronger export growth. In addition, the manufacturing PMI returned to expansionary territory for the first time in seven months in August thanks to higher new orders and output. In September, the government announced the increase and standardization of the minimum wage from 1 January 2019, which bodes well for private consumption next year. In order to rein in spending, the government signed an agreement to postpone work on a high-speed railway between Kuala Lumpur and Singapore by two years, after initially announcing it would scrap the project entirely. Meanwhile, the sales and services tax (SST) was reinstated on 1 September. However, it will not cover the revenue shortfall from the zero-rating of the goods and services tax (GST).
In H2 the economy should benefit from strong private consumption. However, economic activity is likely to moderate next year as rising trade tensions and a cooling Chinese economy dent foreign demand for Malaysian goods. Uncertainty over the fiscal position and a small revenue base pose downside risks to the outlook. FocusEconomics Consensus Forecast panelists expect the economy to grow 5.0% in 2018 and 4.8% in 2019, which is down 0.1 percentage points from last month.
MONETARY SECTOR | Inflation ticks up to an over one-year high in August
A preliminary estimate by FocusEconomics shows regional inflation inched up from 2.8% in July to 2.9% in August, which represented the highest reading since May 2017. The uptick came on the back of markedly higher inflation in the Philippines and increased price pressures in Thailand and Laos. In contrast, inflation was unchanged in Indonesia and fell in Vietnam compared to the prior month. August inflation readings for the rest of the region are still outstanding.
Going forward, inflation will be supported by higher global oil prices and solid domestic activity. Our panelists expect regional inflation to average 2.8% this year and 3.1% in 2019, which is unchanged from last month’s forecast.
富人與窮人的時間觀
窮人為錢工作,富人讓錢為他們工作;
窮人管理金錢,富人卻善於管理時間;
富人時間不夠用,窮人不知如何殺時間。
時間在窮人手上變得一文不值,在富人手裡卻變得價值連城,
因此,窮人將會更窮,而富人也將更富。
為什麼每個人擁有的時間都一樣,但成就卻大不相同呢?你通常是花錢買時間還是賣時間賺錢?有人開車繞了半小時只為了找一個免費車位,有人花錢找人辦事讓自己可以做別的更重要的事。當時間不再只是度量衡而是有行有市可以買賣,你的時間值多少錢,你願意用多少錢買別人的時間,未來會有交易所,請先標好你的定價。
會管理時間就會管理金錢也會管理自己的人生,讓人生更精彩的關鍵就在於同樣的時間內透過規劃、分工可以做更多的事情,讓家庭、事業、婚姻、健康都能兼顧。
千萬不要讓遲到、懶惰,這些小事浪費在您寶貴時間上。
十個理財重要觀念
你可能很懂理財,也可能一竅不通。以下的10個理財觀念,對任何人都可適用,掌握這些原則與方法,幫你作出正確的理財抉擇。
1. 看財經局勢,做趨勢計畫