Sunday, July 23, 2017

18% Annual Return on Investment

If there's a company offering 18% annual return on Australia real estate investment project, are you interested to participate?

Of course I would love to, if it is genuine! But how to identify if it is genuine, or it's just another ponzi scheme like money game?

Well, just don't get excited and jump straight into it, even the plan you joined is endorsed by the government! I hit the stone before no worries, I understand how the investors feel.

Here's the full news of the suspected ponzi scheme.


Sunday, July 16, 2017

The Only Way to Get Rich Safely for Normal People

I have been thinking how to get rich for many years. Well, I guess a lot of people are thinking the same thing. But most of us still at the same spot. We probably made and save some money which we are trying our best. We sacrifice a lot of things to work hard and trying to get more income, and we did get so. However, inflation and assets appreciation kill our hard earn money badly.

I remembered a kolomee in my hometown used to cost me $3.50 10 years ago. Today it needs about $7.50. And seems like it is going to inflate higher and higher in the future. Same goes to property and stocks. Those good lots and counters, they are flying high and higher, and we never see their price return again.


I realized apart from work hard and smart is one thing. If we realized we are just ordinary people, investment is the only way to get us rich with lesser risk. I'm not talking about money game, you know you are not going to get such a high interest in any ordinary investment, or at least it's not long term. I'm talking about the only 2 in this world, stock market and property.

Regardless you are a boss, self employed or working for others, if you want to retire early with sufficient fund and overcome inflation, you will have to invest to let your money grows more than inflation. Invest in 'assets with potential valuable in the future' is the only way to gain capital appreciation AND regular consistent income. For property, it is rental income and for stock, it is dividend. And both return is definitely better than fixed deposit over the mid to long term.

However, it is not so straight forward. You must do a lot of homeworks, able to think independently, train your insight about the prospect, be daring and greedy when you think the opportunity comes, dare to commit mistake with loss of money, and finally, be able to think big. There's a lot of logic and experience behind this, those who complied and stick to the principles, win big.

Perhaps you think local property market has already reach a peak time. If you stick to the principles above, I'm sure there are cheap sale and opportunities. If you really think that you cannot afford for now, go for stock investment. It's highly affordable. I'm talking about stock investment, not speculation!

Refer to the diagram below, it depicts a better picture of how can your assets bring regular incomes to you even you don't work, compare to salary only. Yes, perhaps you think you already know this theory long time ago. So are you already succeed?

Fight alone is difficult. Perhaps you should join an aggressive group and let's fight hard together. :)

Have a nice working week ahead.

Saturday, July 8, 2017

2 Types of Knowledge

There's a story from Charlie Munger:

I frequently tell the apocryphal story about how Max Planck, after he won the Nobel Prize, went around Germany giving the same standard lecture on the new quantum mechanics.

Over time, his chauffeur memorized the lecture and said, “Would you mind, Professor Planck, because it's so boring to stay in our routine, if I gave the lecture in Munich and you just sat in front wearing my chauffeur's hat?” Planck said, “Why not?” And the chauffeur got up and gave this long lecture on quantum mechanics. After which a physics professor stood up and asked a perfectly ghastly question. The speaker said, “Well I'm surprised that in an advanced city like Munich I get such an elementary question. I'm going to ask my chauffeur to reply.”

In this world we have two kinds of knowledge. One is Planck knowledge, the people who really know. They’ve paid the dues, they have the aptitude. And then we’ve got chauffeur knowledge. They've learned the talk. They may have a big head of hair, they may have fine temper in the voice, they’ll make a hell of an impression.

But in the end, all they have is chauffeur knowledge. I think I’ve just described practically every politician in the United States.

And you are going to have the problem in your life of getting the responsibility into the people with the Planck knowledge and away from the people with the chauffeur knowledge.

And there are huge forces working against you. My generation has failed you a bit… but you wouldn’t like it to be too easy now would you?


Sunday, July 2, 2017

How to Keep Skin Looking Young?

I read a newspaper article 2 days ago about 3 sisters and their parents all look at least 10+ years younger than their actual age. The article topic immediately drew my attention.

The sisters age 36, 40 and 41, namely Sharon, Fay and Lure, but most of them look like late 20s. On top of that, all the 3 sisters look pretty and maintaining slim body. I personally prefer Lure, the eldest yet she has the most attractive face and attractive line. What shock me further is, their mother 63, but only look like 40+. That's amazing!

Lure (41), Fayfay (40) & Sharon (36)

What could be their secret when asked by the journalist? It turns out the family works their magic with hydration and proper diet. Lure said that the key is to drink water and eat vegetables. She added that moisturizing helps so - “you don’t even need to worry about aging and wrinkles”.

Do you believe what she said? Or we just give it a try?

For the entire news URL, you can read it here.

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