Tuesday, January 26, 2010

How To Become a Millionaire, and be lazy at the same time.

The millionaire mind works in a different way. That's what all the wealth guru say. From the classic all time favorite "Think and Grow Rich" by Napoleon Hill to "Rich Dad, Poor Dad" by Robert Kiyosaki and now T. Harv Eker has the best selling book, "Secrets of the Millionaire Mind".

All of them have one thing in common. You need to look at money as a result of hard work, not you work hard to make money. It's really the same thing, but you will be more willing to work hard because you know you will get money, rather than you feel you have to work because you need money.... usually to pay your mortgage for the house you live in and the car you drive... and later the ever rising cost of bringing up the children.

It is a shift in paradigm. Which is hard to do, if you keep wanting the things you can't afford. You can just drive a Kancil but you are to ashamed to be seen in one. Or, what if your boss wants to hitch a ride with you.... it's unbecoming for an executive to drive such a small (and cheap) car.

Then, you need an LCD TV. The the small (which once was thought to be huge) 21 inch bulky CRT TV is so nineties... even if the picture is so much clearer that the 42 inch LCD with the people in it all are stretched sideways.

Then the phone... come on... you can't be seen with this RM120 phone. You need a Blackberry, or an IPhone. It doesn't matter if the phone you are using now has so much function than making calls and sending text messages.

If you have this mindset, then you are normal. Broke... but normal.

To become a millionaire is to work your butt off, then spend the money you make. But, save some for rainy day and for your retirement.

So for the lazy bums of the world, for the first few years (maybe 5 years) of your working life, do not apply for a credit card. A credit card, once a status symbol of the "haves", is today the sign of the "have-nots". A credit card will give you the false sense of security that you can afford something beyond your means. So, if you have one, and it does not have any outstanding balances on it, cut it up. If you already have a few thousand on it, cut it up any way.

Use public transport. Cars in Malaysia are expensive. You can get the new BMW 528i for less than 40,000 pounds in the UK. Here, RM40,000 can't even get you a Kancil. Mind you the salary structure here and in England is similar. A fresh graduate (degree holder) in Malaysia may get RM1,800 a month. A fresh degree holder in the UK can get a 2,000 pounds salary. So, the purchasing power is the same, but our cars are so much more expensive.

Once you are promoted to executive level, maybe you can buy a motorbike. At manager level, make sure, a company car is part of the package.

One important thing you all must do, get an ASB loan from any bank. CIMB and Maybank offers the best rates. This a chance that must not be passed over by all Bumiputras in Malaysia. You will be forcing yourself to save and the interest you pay is way below the ASB dividends. In fact, after the first year of the loan, the loans is practically self paying.... (in a manner of speaking).

If you get a bonus. Just spend half of it. The other half put it in ASB.

And, for muslim, don't forget to bayar zakat.

These steps will not make you a millionaire. But, you will be FINANCIALLY FREE!! and this my friends is such a wonderful feeling.... Trust me.

To be a millionaire... well, you need to get out of employment. Go into business. Sell unit trust, or insurance, or Susu Awal Lembu.... but, you must be prepare to be rejected. Because, for every 10 people you approach, only three will listen (the rest won't even give you the time of day) and out of the three, only one will buy. So, you hit rate is about 10%. Which is why you need to see a lot of people. And, don't believe those people who try to rope you in and say that you are starting a business which Zero capital. Well, maybe they are right, but you need WORKING CAPITAL to move around and make calls. So, the best thing is to do these kind of things on part time basis.....

It all boils down to your priorities. Fortune favors the brave. If you are too scared (like me), then please lower your dreams. Just find a job and love it.... Don't complain so much and don't listen to people who complains a lot. Those people are like a dog which sat on a nail. It kept howling in pain but do not want to move it's butt.

One thing that T. Harv Eker said that I liked was, you must not let the problem be bigger than you... you are always bigger than the problem.... Never be a victim.

Well... that's all for now. I'll start reading the "Secrets of the Millionaire Mind" by Mr. Eker next week. Now, I'm just too lazy....


Sunday, January 24, 2010

S.O.S: Save Our Selves

We (my wife and I) went to Carrefour yesterday. It seems that all my effort to teach people to say the name correctly, has proven to be futile. Carrefour is pronounced like this: Car (kereta) Foo. That's how the french said it and it means junction... simpang. Maybe, the first Carrefour was built near a junction.... Anyway, here in Malaysia, we all call it Care For and the Carrefour management just use this and add the slogan, we Care For you...

But, what I want to talk about is that yesterday was "no plastic bag" day, and I see quite a few people carrying green colored bags, given away free by Carrefour. These bags are made of bio-degradable material (I presume), and surprisingly strong, since it could hold 6 of those 1 liter milk cartons, 4 tins of condensed milk and 4 tins of Campbell's cream of mushroom soup (my young son loves them).

As I push the trolley, doggedly following my wife up and down the aisles, I suddenly remembered a quote by somebody, that we do not need to save the earth, what we need to do is save ourselves.

That's the most inconvenient truth of all. The earth do not need us, we need the earth. We need the environment, the environment do not need us. If we are too much of a bother to the earth, well, earth will just adjust itself here and there and a few thousand of us will perish. Earth has been kind to us, considering. With a few quakes of the tectonic plates, we will all go the way of the dinosaurs.

Then, a new species will arise, and take dominance of earth, until this new species, too, becomes forgetful and greedy and start consuming more that their basic requirement.

Our earth has been around for billions of years and it will probably be around for another billion more. So, the question that we must ask ourselves is, how long we want to live on this earth. Polluting our environment only decreases the source of our consumption. Maybe we can rear fish and chicken and cows for us to eat, but we need to source for the food for our source of food. We need to plant more grains so that we can have enough for us and these animals.

So, the requirement grows. To make it worst, we keep on multiplying, more babies are born and more people live longer.

That's what we are. We are consumers, and we consume. We cut down trees, to make our houses, and our houses need electricity and so we dig deep into our earth to suck out oil and dig out coal to power our generators. We buy cars and drive them everywhere and we complain about traffic jams, spewing out all sorts of gases into the atmosphere, creating a green house effect and global warming.

Then, the ice caps melt, creating havoc to our weather, then the glaciers start to melt, too, raising sea levels, flooding coastlines and drowning islands.

Whatever we do to "save the environment" is really an effort to save our own existence.

But, whatever it is, our time on earth is coming to an end. There's just too many of us, and there are just not enough resources to sustain everybody.....

So, what the point of using these new green bags? We'll it look good, and it does have a "I'm doing something about it" feeling. Not a bad feeling at all... :-)

Tuesday, January 19, 2010

Right to Stick It wherever he wants.... (18sx)

Once I wrote to a newspaper (I don't know if it was published or not, because the newspaper I wrote to is not the usual paper that I read... funny huh?) that sodomy is the worst possible act that a man can commit here in our beautiful country. It's worst than rape... because at least rape is an act born out of a natural attraction between different sex. We are supposed to be attracted to the opposite sex.

Sodomy, however, is deemed unnatural, because that's not how it's supposed to be done. Regardless, if you do it to the opposite sex or your own gender.

According to Abdul Rahim bin Abdul Rahman, the laws of our country is biased when it comes to sodomy. He is of the opinion that if a man were to stick his thing into another man's anus, that is considered to be "against the order of nature" and against section 377B of the penal code. Abdul Rahman, through his lawyer, Fahri Azza, argued that the section was biased to the male gender because it only referes to what a man does with his thing. Abdul Rahman contends that if a woman were to use an artificial thing and stick it up someone's anus (male or female), it's not against the law.

Well, it is not as shameful to some people I guess. This Abdul Rahman guy, is trying to say that the government has no say on the sexual persuasion of its citizen. He thinks it is the constitutional right of everyone to screw whoever in every which way we can.

Abdul Rahman is fighting a case in the courts of appeal for 22 counts of sodomy, for which he was sentenced to 22 strokes of the rotan and 60 years jail. Abdul Rahman is also a paedophile. The person he got caught with was 15 year old boy. And, he's HIV positive.

60 years cooped up in jail with a bunch of horny men... I don't know what's he complaining about.
(re: The Star, pg N17, 19 January, 2010)

Thursday, January 14, 2010

Lady Luck Where Art Thou?

Liverpool lost again last night, this time to a team struggling to stay in the 2nd division, Reading. Reading FC have played 24 games this season and only won 4. That's the quality of the Liverpool team we have this season. In a reversal of fortune, last season when at one point Liverpool actually reached the peak of the Premier League, before a string of draws thwarted a run that ran shivers down the spine of opponents, this season, the fact that this "big four" club is laying 7th is in itself an amazing feat, considering the appalling state of affairs both on and off the pitch.

Before the start of this season, Sir Alex Ferguson said that he did not see Liverpool as a threat and thought, Chelsea, with new manager in Carlo Ancelotti, will be the biggest threat to Manchester United's bid for a four in a row League title.

Ferguson said that all the other teams would have found Liverpool out, how they play and how to subdue them. Benitez, responded that there are only so many ways to play foot ball and people will figure you out.

In another irony, through out 2008/09 season Liverpool struck fear in the hearts of opponents, so much so that they resorted to rough tactics. All season long, Liverpool sent opposing players off the field, while was not shown a single red card. This season, Liverpool already had 4, 2 in one game at Craven Cottage.

Stoke manager, Tony Pulis, has declared that Liverpool is not a team to be feared, ahead of Saturday's game at the Britannia. Last season, such statement would have sounded like a whistle in the dark but this time, he is stating the obvious.

Of the "big four" Liverpool is the only team which haven't won the Premier League, despite having an illustrious history. And, it is history that have kept the fans waiting patiently for the last 20 years. But, 20 years have eroded much of the fans enthusiasm, if not loyalty, and this season will be a test for both.

Should Rafa Benitez be replaced? Many, in utter frustration will want to. But, since the first division was named the Premier League, Benitez is probably the highest achieving Liverpool manager. Some argue that he had 5 years to prove himself, and he hasn't done so. Many says had made bad aquisitions of players in the past. But, he brought in Torres, Benayoun is not so bad, perhaps Garreth Barry would have been a good buy, too, if there was money to spend. Robbie Keane wanted to play more, so he went back to Spurs.... Glen Johnson too was a good acquisition. Unfortunately, everytime he bombs forward, Lucas who covers for him was just not good enough for the fast paced, hard tackling English Game. I have, admittedly, called for his resignation, but now I say give Rafa one more season to make amends.

Why? How is this season's team different from last season's. If Alonso had stayed, would it have been any different?

I think not. Last season, Lady Luck was a Liverpool fan, this season she abandoned us. She was there at all the games that looked like a lost cause and put the ball in the opponent's goal in the last quarter of the game. But, this season, the other teams are doing it to us. Fulham, Reading, Birmingham, Lyon, Fiorentina.... Last season we were the scorer of late goals, this we season we concede them.

It's a burn out..... It's psychological. We need a shrink. After a wonderful run last year, challenging Man U and Chelsea for the title, after coming back from 2 goal down like it was just a normal day in the office, Liverpool had nothing to show for it. No League Cup, no FA Cup, not even a Champions League semifinal, and so close to the league title they feel feel the trophy on their lips.... but for all their effort, for all the flair and genius ... there was nothing to show for it.

So close yet so far....

This season is a write off. A season of no trophies, but you may feel a little better, because you played like crap and therefore, it's justifiable that you didn't win anything....