#hkfinance

💰 年金 Annuity — 唔係老人嘢，係退休組合嘅地基

HKMC Public Annuity 30-year IRR: 5.00% (lifetime guaranteed ✅) QDAP Tax Deduction: up to HK$10,200/year 💸 MPF + Annuity + ETF = 退休三腳凳 🪑

心法：退休唔係賭回報，係買確定性。5%保證終身現金流，等於鎖死咗你退休生活嘅地板。

🧳 Leaving Hong Kong? Your money needs a plan too.

Before you pack your bags, here's what to handle:

→ MPF withdrawal — you can only use "permanently departing HK" once in your lifetime. No do-overs. → Property — sell, rent out, or transfer to family? Each has tax consequences. → Stocks — international transfer vs liquidating. Don't leave it to the last minute. → Tax traps — UK CGT (18-24%), Australia deemed cost base, Canada deemed disposition, Taiwan foreign income exemption.

Full breakdown at FinKit 👇 https://finkit.hk/learn/tax/emigration-finance-guide

​10 years had passed after the last financial crisis. The economy had fully recovered and all stocks and investment markets went well. Ferguson warned that there are another crisis coming, as he had successfully predicted the last financial crisis in 2007.

​He had suggested some reason, the lack of working labours, the aging population and high dependency ratio may increase the cost of labour. Increasing interest rate will lead to high inflation rate. Computerisation in some industries will rise the unemployment rate of unskilled workers. These will cause the new crisis.

​However, all these problem will not be exploded in short period of time. Many time and talents are involved to fix the problem. Therefore, it is not as dangerous as the previous crisis. It may be a new wave of industrial revolution and new tools and living standard will be introduced to improve our life. I guess 2017 will be safe from financial crisis.

​fend off 抵擋

fiscal 財

stagnating 淤塞

tempest 暴風雨

crunch 緊縮

absurd 荒誕

reminiscent 令人想起

surge 湧浪