Something to ponder about

Omg, something hilarious to think about...

Taken from TheStar 22nd July 2008

RM120,000 enough for life after retirement

AN average worker will have about RM120,000 in his Employee Provident Fund (EPF) account by the time he retires or reaches the age of 55, Deputy Finance Minister Datuk Seri Ahmad Husni Hanadzlah said.

He said this amount would give a person RM500 a month over the next 20 years and enable him to meet his basic expenditure needs after retirement.

However, the person should contribute more than RM120,000 to his EPF account to enjoy a more comfortable retirement life, he told Senator Ikhwan Salim Sujak.

He also said EPF contributors were allowed to withdraw from Account II to buy a house or buy a second house if they had settled the loan on their first home.

To a question, Ahmad Husni said there were no plans to compel contracted or part-time workers to contribute to the EPF.


OH COME ON, RM 120k is not enuf to survive the next 20 years if you take into consideration of inflation using the rule of 72. For example if I were to work another 30 years to my retirement, my 120k worth now will be only 50k. And to think of 50k to survive another 20 years if I live to 75 years old.. that would be RM2500 a year and RM 208 a month. HOW TO SURVIVE?????

Malaysian properties are the cheapest in the region — is this a good enough reason to invest?

"Pricing real estate can be rather complex. It has to do with economic activity and historical trends. I believe it's cheap in Kuala Lumpur because the market has always been relatively well-balanced with no extreme shortage of supply," says Boyd. "I would say yes, 'cheapest in the region' is a valid reason to invest if you are willing to take a view of 5 to 10 years."
But Koh says, "Real estate markets are very much affected by local economic conditions, so straight regional comparisons are not realistic. However, by opening up the market to international players, a more "efficient market" has been created, which leads to better pricing for property owners. I would say the Malaysian market is priced realistically. The reason for this is there are no dominant property players, unlike in emerging markets, like Vietnam, where land ownership is tightly controlled by the state."

-TheEdge(June08)

Pushing the limits...

Its been a month plus and work has been really stressful. Pushing everything month end to make sure our commission are all into that month.

I was in Singapore the last month for the weekend just to meet up my customer. Was back in Penang too for some matter pertaining family properties.

But as this month moves in, things are getting slow. Ecomony is slowing down as we all can noticed, all because of the petrol hike from RM1.92 to a now RM2.70/litre. Price of everything increase like a domino effect, food, services, etc...

As we are moving to a uncertain policital issue as well in the country, this end half year will be a tough time for everybody. My cases and loans are coming in slower already. 70% of the market's purchase in property are investors coming in and now these investors are holding back. Who want to invest in a country that is political unstable and when its economy is weakening? Anyhow, I will have to find other ways to keep myself going. Mustn't stop because of some factors we can't change. So change myself to the environment and suite in.. lol.. easy said then done.

Last Week

The last week of May 2008 was pretty hectic and stressfull trying to push to hit the target and achieve beyond it. It's not like every month you will have so much thing to follow up but this month particulary having so many things and so little time. Sometimes you wish there's extra hours in a day but to think of it, every human being have the same amount of time so what makes it so different from those that can make and and those that don't.

Manage to secure some big deals that help me push my figures up high. 3.7million acceptance figure so far is the highest I did. Now pushing for a 5million FA to earn me my first 5 digit income... gambate...

I was suppose to be going down south to Johor and Singapore the weekend but customer is not in town so did not make the trip. He'll be back from China on 4th June in which if that's the case I can't go back to celebrate Father's Day on 8th June with my dad already... >.< Also it's one of my cousin's wedding back in Alor Setar. Oh well, I'll have to plan out the timing then.

Thanks for those that visited my blog and for the compliments, appreciated it and will keep it as active as I can. And of coz more pictures will follow. Ciaoz

Malaysian Artistes For Unity

Here's something cool about our local artist. Kudos... I love the production and song... click here to their website

Blogger Shock

Ok, its been like 2 years I haven't log into my blogger and yeah I totally got shocked. Number 1 for Googgle took over and number 2, my old block access is kinda been blocked and I can't access my old blog. Yeah that's a big thing when you can't log into something that you have written upon for years?

Alright, even if not years of blogging there but still they should let me log into it or redirect the web or something. Just because I used my Hotmail the last time to blog, they don't have the rights to take away my log in. OK, maybe they do... didn't really bother reading the Terms & Conditions when the page pops up right. Do you ever read the whole bloody page?

Anyway the old blog address is still intact. http://pohloong.blogspot.com. Nothing I can do about it so here's where I will blog when I have something to write. And yes I'll have more time to write, kind of want to switch my focus of game into something else. Too much World of Warcraft is making me mad yeah...

My brother is in NZ for over like a month now and indeed I lived alone again in my cosy room back in PJ. My uni mate, WeiXiang too resigned and is going to start his job in Cambodia this June. Besides that, I'm practically bored now and WoW is just my life. Sounds like a loser? Nah, I still got a job that I like and its earning my living as well as paying off my debts. Youngster's spending type when first came out of Uni... if you had been through that you would know. =)

Alot happened these past 2 years and no no, I won't be elaborating it. As stated in the title, A Next Step in Life... Always look into the future and don't look back cause there is nothing you can change. Just make sure what's done that is bad won't happen again.

When you blog, you won' know who will be looking at it. Families, friends, colleagues, your boss maybe, and all those population out there in the world. So if there is a ready I would foremost thank you for spending your time going through my blog. =) Everyone is free to leave their comments. So cheers all... I'll see ya around!