consumption and immediate utility. • A realistic and practical model for setting a self-discipline saving rate needs be developed. 2 Existing Recommended Rates • The RATEs – Berger (2013) >> a 10-percent rule

variety of financial tools, flexibility and competitiveness of securities businesses, safeguards market stability, ensures securities trading fairness, and facilitates easy access to information. The SEC

convenient access to paying agents have been allowed to reach out the investors. Furthermore, new types of mutual funds permissible to invest in a variety of assets have been introduced; for example, mutual

operators and increase capital market product variety.   

) cooperation.AMBIF, an initiative of ASEAN Bond Market Forum (ABMF),  aims to boost product quantity and variety and the growth of bond market in ASEAN + 3 in response to demand of fundraisers and investors in the

consultation that received more than 80 submissions from a great variety of stakeholders were also held. Following the request by the G20 Finance Ministers and Central Bank Governors at their meeting on 9-10

market?s product variety while it will be more convenient for investors to invest in foreign securities.Foreign securities underlying DRs must either be shares of a large company or investment units of an

high net worth individual only. To widen investors? investment choices of increasing return or creating variety and complexity of investment strategy, the AI funds will be allowed to invest in

choices in fund of funds with policy to invest in permissible products and a variety kinds of investment products denominated foreign currencies.Meanwhile, to enhance the business operator?s competitiveness

, new types of mutual funds permissible to invest in a variety of assets have been introduced; for example, mutual funds for accredited investors (AIs) investing in securities listed on the exchanges in