dec 7 2013

Had a morning breakfast with a very good friend of mine that i came to know lately

i enjoy mind stimulating talks in the morning and not myself to get lazy...

as we talked i showed him an article

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=197432:umno-now-demanding-679-malay-bumi-quota&Itemid=2#axzz2mknEdRNG

it's an article stating that GLC companies should create millionaire bumi's or in short, Malaysia is in need of millionaire.. malay millionaire

many people that i have meet told me, inflation is going up by 4-7% every year

http://www.indexmundi.com/malaysia/inflation_rate_(consumer_prices).html

http://www.tradingeconomics.com/malaysia/inflation-cpi

it's actually hover around 2-3%

so literally fixed deposit which give a rate of 3.88% actually help to prevent our money from depreciate..

many however give an otherwise statement.. frankly probably they are influence by "outsider" statement without checking themselves whatever it's real or not...

however with recent hike... fix deposit might not be a good option as of lately

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we shouldn't go for the BBB mode that is being refer by many... mind you, that's buy-buy-buy

be it gold, silver, property, shares, funds or bonds

http://www.globalpropertyguide.com/Asia/malaysia

high rises yield the highest percentage with 9.0+ of staggering increase in price almost every year.. this mean there will come to a point where it stop growing..

high rises could be even at their peak or past their peak price.. thus creating some sort of bubble.. which is happening now.. look at the empty units or refer by agents worldwide as units unsold

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many approach me to invest /  do business / earn side income....etc

this shows one thing

when economy is down, MLM always grow because everyone wants to earn that additional income

when economy is good, MLM is quiet.. property boom

this literally happen every 10 years..

with this, i can conclude that society is getting desperate

with this, property or business is slowing down....

this is a good time to go in.. many promotions and goodies at a good price

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no silly, don't go for leasehold..

2013-2018 is being hail by many as the last chance to really make it as Malaysia is heading towards a build nation..

if we don't make it in this 5 years, it's going to be very very hard to make it later

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few years back i came to know a couple.. both age around 33-35

i was around 25 back then...

i envy them much that being a tender age they able to afford a 800k+ house and drive a mitsubishi lancer..

that come up to a monthly debt payment of around 6,000

and i always wonder how they make it.. and i asked myself this question almost every day.. am i not hardworking enough or am i not working smart enough

fast forward 4 years to now.. and i realize.. at that age.. they could have done better

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i seriously think, people are just not working hard enough...

don't judge people from appearances because a chicken hawker could have millions in his bank while a person who works in the bank don't

working smart is basically easing work burden however working smart doesn't ensure rich or success..

working hard does

which again.. i think many people is lacking now

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