BFM Podcast
It's About Wage Stagnation, Not Cost of Living
Azam Wan Hisham, Researcher, Institute for Democracy and Economic Affairs (IDEAS)
06-Mar-19 16:33
We continue our conversation about EPF's survey on the cost of living in KL from yesterday with Azam of IDEAS.
There’s been a lot of reaction and discussion generated from the findings of the survey, and whether the expenditure suggestions are realistic. So we asked Azam to helps us analyse this further.
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BODOH! cost of living is more important than wage!
example: what's the point if u earn RM10k/month but 1 roti canai at road side stall cost RM5? Back in the old days, our parents earn rm5k/month but that can buy a lot of things already. Roti canai was only 30sen!
THis just goes to prove: It's not how much u earn, it's how much u can buy with what u earn (ie. cost of living)!
2019-03-07 07:27
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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bingo!
2019-03-06 20:18