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briefly about me...

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I am very rough and tough but at the same time fragile and sensitive. I am very straight forward but sometimes i prefer to be reserved. I am very friendly but sometimes i just want to be alone. I am very bold but simple... i am very ambitious but always a daydreamer...i have many good friends and i trusted them all, for me friends are for keep. I am a big eater but there is a lot of edible things that i don’t eat. I am always on the go but sometimes i prefer sleeping, i am about to pursue with the highest level of education but there are still a lot of things that i need to learn... I’m very particular about things but not disciplined enough to do things accordingly. After all i am just a normal imperfect creation like the rest of us who needs to eat n sleep n do other things that other people do...I love cars.. Motorbikes, partying but i also enjoy cooking, sewing n gardening... i consider myself a multitasking person.. An All Rounder and i am proud of it! On top of all things... i thank god for giving me the chance to walk this world. To be where i am now and the person i have grown to be..

Sunday, August 7, 2011

balance life & success???

Is there such a thing? a balance life. between success and life.. sucessful life, life success.. i just finished reading  a book from another property investor Dr. Peter Yee. he was too, from a humble beginning. i found that his approach is rather more aplllicable than our so called property Queen Renesial Leong or our Millionaire planet founder Azizi Ali.

I'd like to emphasis here that property investement is not for novice, u must at least have 20K in your bank to start investing.. it is a lot of money if you are only making RM1800 a month (the wages that was offered to me for the job i asked for recently) unless you have a rich parents/ in laws/ spouse... you coudlnt run away from the fact that to purchase your 1st unit of property you must have that minimum cash in hand. Dont be surprised, some people who live luxuriously might not even have that little in their savings, and i dont understand why or how. Or because everything is provided by the company company car, company house.. et cetera

Say, you want to purchase a RM100K worth of house, you need 10K for d/payment.. and about RM2.5K for legal fees and a couple or more K's for utilities connection, minor renovation etc..etc.. that is why i put it 20K. It is the standard minimum amount for buying a decent 1st house..

I believe Dr. Peter Yee was also a fan of Dr. Joseph Murphy, who wrote "the power of your subconscious mind". i come to this conclusion when i found the word "creative visualization" on his 1st few paragraph.. no doubt.. This man is also using his subconsious in order to be where he is now. like i'm using my subconscious to get my 2 million.

However, after i've gone through the whole book, i still found that the location of properties they mentioned only concentrated in Klang Valley area.  In Penang, real time reality, there is no way for you to rent out an apartment for twice the cost of what you pay monthly to the bank. No way.. you have to wait for another decade for the rental to hike.. i did mentioned this in my previous post, the relation between cost of rental and time.. if my parents choose to rent out the terrace they bought 30 years ago (at the price of RM25K and were only paying RM190 to the bank), they will easily get RM1K per month.. RM810 positive cash flow if the house is not fully paid, but it is fully paid now, so they will get RM1K nett per month. dont forget the 30 yrs duration that you have to wait.. their property is located in a prime location, a few minutes away to the aiport, a few seconds away to free industrial trade zone, near "u name it" amenities.. a few shopping complexes.. so many schools.. a few minutes away to USM.. well.. its a gold mine., but again. 30 years is a very long wait dear.. i'm already 30 now.

So, what i'm telling here is base on my experience. property investment in Klang Valley is no doubt too good to be true, but it is totally a different scenario in Penang, and i believe in most of other states too.. Hence, for those who wanted to start investing for properties in Penang, you couldnt take either Dr. Yee, Mdm Renesial nor Azizi Ali advices, they could somehow be misleading.. hell yeah, they are the expert..  But  if you want to be like them, start investing in Klang valley instead :)...

Nevertheless,  Dr. Yee's writings is more approachable to me.. i really reccommend his book for those who are really interested in property investment. More realistic.. the book entitle "You can Be Rich In property" (they should add there in BOLD  - but not "OVERNIGHT")

P/S:
And hes making money giving seminars and writing books, so which is actually making him rich? Question???

my version of anwer will be:
invest in property, write a book and give talks and seminar and charged people for it...  coz that is what i'm gonna do too.. cheers.. :)