Thursday, December 29, 2011

Say NO to Passive Smoking 6

My father used to be a heavy smoker. He does not like to be passive smoker even though he was a smoker. That's why he never smoke at non-smoking areas. I am glad that he managed to quit smoking for health sake recently.

Today afternoon, we have visited to one of the Pappa Rich cafe in Klang Valley. We were seated at the air-conditioned area which is also an area that smoking is prohibited. The smoking area will be at the tables along the open air walkway).

While we were sipping our cup of tea and coffee, the annoying cigarette smoke irritated me. It was puffed out from a selfish culprit that smoked in the non-smoking area.

Selfish smoker

"I need air-cond, but wanted to smoke also, syiok!"
"Don't worry buddy, nobody will come after me smoking at prohibited area, this is Malaysia."

Monday, December 26, 2011

6th Google Adsense Pay Cheque Received

The sixth Google Adsense pay check (cheque) arrived last week. It has been quite a while since I received the fifth pay check from Google Inc 6 months ago.

Marco's 6th Google Adsense Pay Check
I have been very quiet for a while, and have very less posting in 2011. But, the Google Adsense earning does perform consistently with slight increment in term of earning per month.

Maybe I shall set some goals to transform Google Adsense earning as one of the main income streams.

Current Performance
2011:  2 pay checks per year (half yearly)

2012:  4 pay checks per year (quarterly)
2013:  6 pay checks per year (bi-monthly)
2014:  8 pay checks per year
2015: 12 pay checks per year (monthly) 

I believe the above target is realistic and achievable. Don't you think so?

Taiping Mali Cafe at Bandar Puteri Puchong is Closing Down

About a year ago,  I have expressed my frustration towards the price and the quality of the foods & beverages served at Taiping Mali Cafe via the post titled Taiping Mali Cafe at Bandar Puteri Puchong.

The post has received quite a number of comments from readers that shared the same experience like me.

Taiping Mali Cafe at Bandar Puteri Puchong is closing down. Good location and trendy renovation is not helping the Taiping Mali Cafe, to be a survivor in restaurant or F&B business, foods quality comes first, and the business sustainability will need to be supported by reasonable price. Location and renovation will only be able to add value to the business if the two main criteria which is foods quality & reasonable price are fulfilled.

Recently, the lifestyle restaurants are mushrooming the Klang Valley cities like Bandar Puteri Puchong and Sri Petaling. I have tried some of them, half of them served awful factories processed foods and yet asking for premium price. Just wonder how many of them can survive the business for more than 12-month.     

Monday, December 12, 2011

Toyota Hilux PGV2825 - What a selfish road user!

Parking space is limited in most of the commercial areas in Klang Valley. Yet, there are still selfish drivers that double park, triple park, illegal park and occupy multiple parking space for own convenience.

What do you think of the personalities of the driver of Toyata Hilux with car plate number PGV2825? What a selfish road user with no consideration to others.

Friday, December 02, 2011

Is the EPF (KWSP) being looted?

On the 23rd of June 2011, the EPF (KWSP) tabled its annual report to the parliament, declaring a 5.8% dividend and explained that 27% of its investments were in Malaysian Government Securities (MGS) and 32% were in loans and bonds to government agencies. A simple chart below summarized the report. At RM 440.52 billion, the EPF is one of the largest funds in the world and represents the life time savings of 12 million private sector employees.

The question is why is it that over 60% of EPF funds are in loans to the government and government bodies? Is the Malaysian Government a good borrower?

Let’s look at the BN Government’s financial record. Below is a summary of the government annual deficits. The 2012 budget will mark the 15th year of budget deficit with no signal of financial prudence. And as you can see below, there have been supplementary budgets on top of the annual budgets every single year.

Government debt as at Dec 2010 stands at 407 Billion Ringgit Malaysia (MYR). 60% of this or 240 Billion is owed to the EPF. This means the BN Government of Malaysia has already spent 60% of all your savings in the EPF!

After running deficit budgets for 14 consecutive years, and funding those deficits by borrowing, Malaysian Government Securities (MGS) are rated at CC(-)ve. At CC minus, what is the annual yield? Folks, it’s an unbelievable 3%and below! Why? Because MGS are not auctioned!! There is a ready buyer for MGS and apart from the endless new PNB funds like the 1Malaysia bond, the main buyer of Malaysian debt papers is the EPF.

“Fair Value” rate for lower grade papers of single A and below is an annual yield of 5% and above. Greek Government bonds for example are being traded at yields exceeding 21% per annum.

The constitution of Malaysia caps Government debt at 55% of GDP. As at 30th June 2011, Government debt stands at 433 billion, which is 53% of GDP. At 55% the Government will be officially in crisis and the constitution will need to be changed to increase borrowing and possibly even require a bail out.

Recently the EU central bank agreed to extend financial aid to the Government of Greece on the condition they adopt massive austerity measures and that the lenders take a haircut of 50% of all outstanding loans. After all, they continually lent to a borrower who showed absolutely NO commitment to cut expenses and begin to service their debts. Just imagine if the EPF is asked to take a 50% haircut of their debts from the Malaysian Government!

An even worse scenario was painted recently by Pakatan Rakyat when they reported that much of government debt was unreported as it is largely hidden from public eye in the form of debt owing by Government agencies.

As you can see above, the 433 billion owed by the Government is represented by the red and Orange bars. On top of official figures, an additional 184 billion is owed by various Government agencies.

Take a look here at another explanation.

So…. Is the EPF being looted? I say yes it is. Let me explain how.

A summary on the 2012 budget is below,

Of the total 233 billion, total operating expenses is at 162 billion and over 64 billion is allocated for the civil service in pensions and wages. Of the massive 233 billion, only 51 billion is going to development, of which over 80% is to construction projects, designed to specifically benefit a few lucky fellows. And talking about lucky fellows, over 10 billion in subsidies paid for by us, are being paid directly to corporate bodies!

And how pray tell will they pay for all this? By borrowing of course! Do they even bother that it is we who will be paying for the debt servicing including interests? Najib even announced that employee’s contribution to the EPF will increase to 12% of salary. Which means even more will be tied up in the EPF in order to enable more borrowing! And if you earn less than RM 5,000, your contribution will increase to 13%.

These are indeed hard times for us, the people. And the Government has done fabulously well to recognise this by granting pay increments of 7 to 13% to all Government employees while carefully avoiding the minimum wage issue for private sector employees.

The Government currently collects about 4 billion from the GST already in place. A one time payment of RM 500 to civil sector employees will cost the Government over 2.6 billion.

Civil service remuneration cost 20 billion in 2004. This year it will cost 64 billion.

So the bottom line conclusion, again and again is the same. They are looting the EPF to please their vote bank of 1.3 million civil servants.

Hard times indeed… And yet DRB-Hicom is buying 237 armoured personnel carriers from Turkey for RM 1.7 billion and selling it to the ministry of defence for RM 7.55 billion. The Malaysian Government is buying 6 Littoral Combatant Vessels to enhance our Navy. These are the most advanced naval vessels in the world, able to shoot aircraft, ships and submarines… The ONLY other country that has such ships is the US navy. They have 2. We are buying 6 at a cost of 10 billion ringgit. The MRT can be built for 19 billion. But Idris Jala recently indicated that MMC Gamuda may incur more that the originally estimated cost of 54 billion to build it.

The Government can reduce its subsidies for rice and sugar by opening up the market for other players, but no, both commodities are controlled by the same Government crony. Syed Mokhtar Al Bukhary is the owner of all the companies mentioned above. Since this person took over the exclusive supply of these commodities in 2008, prices have doubled. This is despite the Government’s subsidy of 60 cents per kilo of rice and 20 cents per kilo of sugar.

The Government can easily buy the LDP highway for 1.5 billion ringgit, but no, it’s probably better that they continue to collect toll from us and receive 1.5 billion in subsidy from the government. Our IPPs buy gas at 10 Ringgit cheaper than companies in Thailand and 15 Ringgit cheaper than Singapore (Per CuM) but the Government still needs to feed them billions in subsidy.

Year after year after year, the Auditor General’s annual report details all the financial mismanagement in Government depts. But nothing is done. Take this year’s AGs report for example. The MACC went into high gear and opened 36 investigation files to investigate all the rubbish. And the cases are now closed. They found no element of corruption or deceit. Another thing the AG highlighted is the treasury’s contingency fund of 1.5 billion is now only 79 million Ringgit. 1.4 billion is missing…

The tolled highways were built at a cost of 26.4 billion and the operators have already raked in 37.7 billion and received another 2.1 billion in subsidies from the Government. And they are planning to raise the rates again soon.

The Government machinery of Barisan National is a system that benefits and enriches cronies with massively one sided contracts. It also ensures loyalty from a vote bank of 1.3 million civil servants who enjoy all kinds of benefits at the expense of the tax payer. The tax system is designed to exclude the majority of civil servants from actually paying any tax. And Government debt is going through the roof. In 2004, the total Government debt was 217. As at 30th June 2011, it stands at 433 billion. Najib’s administration is milking us dry. And they are using our funds in the EPF to run all these excesses, to enrich themselves, and to bribe the civil service into loyalty.

We EPF investors are 12 million in population. Vote against corruption, vote against poverty, and vote against the looting of your EPF savings. -Anonymous

Why fund the Barisan Nasional government if you are against their policies?

Since August 2011, I have started to move out part of my savings in Malaysia and invest in Singapore.

This is because I see no reason for me to fund the government that I do not trust. And, if the Lynas Rare Earth Processing Plant in Kuantan is approved for operation, I will dispose all of the Amanah Saham Unit Trust and withdraw all the available fund in account2 (KWSP) and park them in Singapore.

You do not need to wait for a general election to express your unhapiness on the existing ruling government. On top of the vote, one can pressure the government by withdrawing your money from all the funds that buying the Government Bonds.

Main Malaysia Government Bonds Buyers:
2. Unit Trust managed by Permodalan Nasional Berhad (PNB)
3. Fixed deposits under GLC banks (Maybank, CIMB, BSN, Agro Bank)

It is too easy for Malaysia government to issue bonds (debts) because there are ready government bonds buyer like KWSP and PNB.

It is not a good sign when PNB is launching a new unit trust (like Amanah Saham 1 Malaysia). The owner of PNB is the government. When the government need money, bonds will be printed. PNB will then raise fund by introducing new unit trust product or expand the fund size of existing unit trusts in order to buy the bonds.

Citizens who invest in the PNB unit trusts is paying real money to PNB in exchange of a booklet. PNB will then used the money to buy the government bonds (debts).

Why fund the Barisan Nasional government if you are against their policies?

Not convinced? Read below post:
Is the EPF (KWSP) being looted?

Friday, November 25, 2011

Say NO to Passive Smoking 5

Citta Mall management has gone one step further in anti-smoking initiative by prohibiting smoking in open air area as well (Please see picture below).
Clean air zone- We share the same air, thank you for not smoking.
 But, the enforcement of Citta Mall management is questionable as smokers are seen at the open air area.

The smoker who was facing the no smoking sign is smoking openly without hesitation.

Thursday, November 24, 2011

LevelOne Wireless Router - Lifetime Warranty

About 3 year ago, when I was looking for a wireless router at Digital Mall, section14, Petaling Jaya, LevelOne brand was introduced to me. Actually I was looking for Cisco router at that time, but the retailer insisted me to give LevelOne a try because of the lifetime warranty policy.

Furthermore, Cisco router was out of stock at time. Without much option, I brought back the LevelOne wireless router.

Last Saturday, the wireless router failed to power on. I first thought of getting a new router, but undernealth my memory, I sort of remembering that this LevelOne wireless router has comes with a extended warranty.

Instead of going back to the retailer at Digital Mall, I brought the router to LevelOne distributor in Malaysia, Ivenue Soltions Sdn Bhd  for inspection. To my surprise, after approximately 10 minutes of inspection, the technician handed me a new LevelOne wireless router without any attached condition.

The LevelOne warranty claim experience is really exceptional good. The claim process is so simple, no complicated forms to fill up, need not wait for days or weeks for inspection and approval.

Contact details of LevelOne Malaysia Authorized Service Centre:

Ivenue Solutions Sdn Bhd
2nd Floor
37-2 Jalan PJS 11/2
Subang Indah
46000 Petaling Jaya
Tel: +603-5632 5211

Wednesday, September 14, 2011

Mobile lifestyle

Mobility is always the way of my lifestyle. As a consultant, my job is to educate and provide relevant information to my clients at on-demand basis. A part from serving clients, the guy who sign my pay cheque is also expecting me to feed him with business update information as and when it is needed. 

Hence, to fulfil the on-demand requirements from the clients and bosses, many of my peers are opting to standby in the office with all the office facilities ready and materials in hand. But, this is not a productive way of work because times will be wasted if there is no urgent enquiries and adhoc business reports. Being idle at the office standby for such adhoc tasks is just not productive.

Leverage mobile technologies will be the answer to improve productivity. Below are some key devices that are essential for people on the move.
1. Mobile phone
2. Laptop with mobile broadband
3. Personal or company website that serve the FAQs. (I used blogspot for this purpose, visit my blog)
4. External storages- working documents in digital formats.

It is time for me to enhance the item 3 & 4 to improve the productivity yield while being mobile.

Monday, September 12, 2011

Nobody owes you a living!

"You got to be responsible to yourself. Nobody owes you a living!"

The above statement was my advise to my sub-ordinates when I was still running the industrial inkjet printer business in Malaysia. At that period of time, I wanted all the sales engineers under my leadership to be productive and professional. I wanted them to be on par with me in time to come. And I believe by awakening their sub-conscious mind is one of the ways that give them the ultimate motivation to strive for greater achievements.

I left the less glamor industry and joined a European based Fortune 500 company to pursue my dream to work in a corporate world.  As a principle man, I do not agree with the marketing direction of this European company because I found it is misleading.

I have then joined another Asia based Fortune 500 company. After about 2-year working in this corporate, I have started to settle down, built my comfort zone. But, I still constantly remind myself that I shall not take things for granted, things might change in the not too distant future.

The corporate exercises such as change of immediate superior, change of corporate structure, change of work environment or place of work, change of pay scheme and etc that may disfavor or shortchange you. While we are doing well now, it is important for us to live a prudent and frugal lifestyle to ensure the household expenses are taken care off when things do not work out as you thought.

Better still if we are able to generate steady passive income that enables us to maintain current lifestyle even thought we decided to quit the job or being retrenched.

Last but not least, never leave your fate to the corporate or someone else as they do not owes you a living. Be responsible to yourself and your family!

Sunday, September 04, 2011

Heading for another recession

The world is possibly heading for another recession due to sluggish growth, euro-zone dysfunction, and financial market volatility.
"You may not get a negative type of contraction in the US, but you may get growth like that in 1Q2011, when the US economy grew only 0.3%. When I talk about a sharp economic slowdown, it could be a recession or very slow growth. The dividing line between negative and positive growth is very fine and is actually not critical. More importantly, instead of 3% to 4% growth, we could see 0% to 0.5% growth in the US. We will have a very severe slowdown in the US that will feel like a recession," Tan Teng Boo, founder and managing director of Capital Dynamics warns during an recent interview with The Edge Singapore.
To weather the recession or major economy slowdown, we will need to plan for the worst scenario that could happen to us. During economy slowdown, corporates will tend to lay-off employees to ensure the company balance sheet is positive. Retrenchment will be one of the most common tools used by corporates during bad times.

Hence, the worst scenario would be losing job. Ask yourself, can you afford to lose your monthly pay check? Your savings can last your family for how many months as getting a job during recession is even tougher?

It is vital to save at least 6-month of your family expenses, and if possible, expand the amounts to be able to survive your household expenses for 12-month. Cutting down unnecessary expenses is the only way to build up your savings fast. 

In my view, the 2008-2009 recession was just a teaser as world governments spent trillions in stimulus packages. To me, it was just an action to buy time and hope. Now, the US and the Euro-zone governments probably have already running out of tools to stop the recession from happening.

We can't estimate the future, but it is wise to get prepared for another recession.

Tuesday, August 30, 2011

Annoying Neigbor - Inconsiderate selfish smoker

My kids love holidays.The main reason is they love their mom so much, they like to be with their mom whole day long.

As usual, while my wife is preparing lunch at the kitchen, I will do some out door activities with both of them at the garden like playing badminton, cycling, watching insects, gardening or just hang around the garden.

During holiday time, one of my neighbor will have many relatives visiting them and some may stay with them for a while. None of the family member of my neighbor is smoking, but most of their visiting relatives are smokers. I strongly against  passive smoking, and to me if anyone is smoking at the public area, I will conclude one as an extremely selfish person; because passive smoking kills.

I was playing badminton with my elder kid while the younger one is cycling around the garden. The visitor of the neighbor came out from the house. He is a middle age man, and I am betting on his common courtesy that might stop him from smoking while kids next-door are having fun at the garden. I was wrong, this selfish guy just  light on the hazardous cigarette stick without further thought.

The morning activities was ruined by the selfish smoker. An inconsiderate selfish man.

Shame on him!

Sunday, August 28, 2011

MYR400,000 Annual Income

I was having a coffee break with my colleague. He asked, "What will you do if you are earning MYR400k annual income?"
MYR400,000 is a big amount. I did not answered right away. I asked him, "Is such income sustainable in the coming years? If yes, will it need alot of hard work to sustain it?".

The answers were as expected. The MYR400k income will be sustainable and not much scarification is needed to earn such active income in coming years.

The key word here is sustainability. I suggested that the excess money (Annual Income of MYR400k minus all the annual living expenses) shall be spent on settling the long term debt such as mortgage loan and car loan. The next step would be going parallel with investment to generate passive income and spend on upgrading of the lifestyle such as  getting a bigger house at a more strategic location that provides better conveniences  or rewarding yourself with a better car that provides excellent driving experience and safety.

If one living on prudent lifestyle, he or she will takes less than 3-year time to become a millionaire with the annual income of  MYR400k. Frankly speaking,  I have never dream of earning so much in a year.

I wish my colleague will achieve his MYR400k annual income goal soon. 

Tuesday, July 26, 2011


請照主旨之順序讀 :
1.誤會; 2.釘子; 3.且慢下手; 4.寬大

1.誤會 :




註:誤會的事,是人往往在不瞭解、 無理智、無耐心、缺少思考、

2.釘子 :





註:人與人之間常常因為一些彼此無 法釋懷的堅持? 而造成永遠的傷害。
也就是讓自己看到更完整的天空 ....






4.寬大 :







那麼,在對別人有所決定與判斷之前,首先,請想想這是否是一個「 誤會 」,
然後,請考慮您是否一定要釘下這個「 釘子 」,
如果可以的話,請「 且慢下手 」。
因為,當您對別人「 寬大 」之時,即是對您自己寬大。

Monday, July 18, 2011

Singapore Dollar (SGD) vs. Malaysia Ringgit (MYR)

In life, it is always good for one to benchmark ourselves with peers, seniors and the outperform juniors to gauge where we are. It tells if we are competitive or losing ground.

MYR convert to SGD calculation chit from money changer

How can we judge if a country is well managed? A part from GDP, income per capita, and the balance sheet, the exchange rate of the currency will also be able to tell the strength of the financial elements of a country.

In June 2010, I have posted an articled named “Malaysia vs. Singapore”. During that time, the exchange rate between MYR to SGD is at 2.2 to 2.3. Yesterday, I have just exchanged MYR1000 with SGD400 and balance of MYR8.00. The exchange rate between MYR to SGD has already gone up to 2.48. Singapore Dollar has appreciated by approximately 10% in a year time.

Let’s do an extrapolation from here; if SGD vs. MYR is appreciating at the pace of 10% every year, the exchange rate between MYR to SGD will be as below:

2012- MYR2.72 to SGD1.00
2013- MYR2.99 to SGD1.00
2014- MYR3.29 to SGD1.00
2015- MYR3.62 to SGD1.00

The public were informed by the main stream media that the Malaysia Ringgit is gaining ground as MYR vs. USD has gone historical high at MYR3.00 to USD1.00. Most of us is believing that Malaysia is progressing towards the right track, but the real story is reverse. The USD is weakened due to the QE1 and QE2. Hence, the USD shall not be taken into the currency benchmarking consideration.

As part of the Asia region, MYR shall be benchmark against major currency like Singapore Dollar (SGD), Australian Dollar (AUD), Japanese Yen (JPY), Chinese Renminbi (RMB), etc.

At a glance, Malaysia Ringgit has weakened against all the 4 major Asia currency listed above since the financial crisis in September 2008.

The impact of the devaluation of Ringgit Malaysia would be inflation, larger deficit in the national budget (you need to spend more MYR in exchange of same quantity of goods, and the sad thing is Malaysia is running on deficit budget for more than 10 years already), and followed by brain drain.

I just can't imagine the financial standing of Malaysia in another 10 years time.

Related posts:
1. Malaysia vs. Singapore
2. Singapore vs. Malaysia 2

Sunday, July 10, 2011

Klang Valley Property Bubble?

The property price across Malaysia especially Klang Valley has doubled since 2009. Yes, in my view, it is definitely a bubble. The question is when this bubble is going to burst?

What causes this bubble? Based on my observation, the phenomenon happens this way:

During the economy crisis, the banks in Malaysia were skeptical on corporates or enterprises borrowings. While the Bank Negara monetary policy has reduced the interest rate and SRR from nominal 4% to 1%, the focus has been switched to consumers borrowings. Hence, easy credit on property loans has taken place. The banks are aggressively looking for consumers loans, and the loan package has been never that attractive before, i.e. BLR - 2.3%, 3-year or shorter period of locking period, etc. 
In 2008, the property market has hit its rock bottom. Developers started to introduce 'developer interest-bearing scheme'. Under this scheme, all the interest during construction will be absorbed by the developers. Believe it or not, the interest has already factor in the selling price of the properties. Such practice does not benefits the home buyers, but has caused the price hike in properties.

With easy credit and developer interest bearing scheme, developers are selling hope to the buyers with the myth of properties price will only goes up, and buyers will make profit upon completion. Yes, the story has convinced many of us.

To ensure good take up rate, the property is launched by several phases, and the price is increased by 5-10% with the launches of new phases. For example, phase 1 is taken up by only 50%, to improve the sales of phase 1, phase 2 price is indicated to be 5-10% higher than phase 1 with same specifications, and instead of launching the phase 2 right away, there will be many round of so-called pre-lanch and soft launch. The same trick apply to all the subsequent phases as well. With this method, the developers are also testing the limit of price acceptance of the home buyers. I am not sure if you still be able to make profit in buying new property now, but surely the developers are enjoying fat profit margin out of us.

Come back to the major concern. Is the Klang Valley property market a bubble?
If the answer is YES, the market shall crash between 2014-2016 because most of the properties will be completed with CF ready then.

Sunday, June 12, 2011

Annoying Neigbor

The quality of  neighborhood is one of the most important criteria to decide where we are going to live. Due to this reason, many of us is willing to pay some premium to stay at higher class residential areas that normally perceived to be safer and less annoyed.

6 years ago, I have bought my family a house in a upper middle class community. It was a new development at that time. The neighborhood are close to perfect, most of them are polite and considerate.

About a year ago, one of the house owner has moved out and come the new neighbor. This new comer has one very annoyed habit. He is a car lover, he will turn on his car engine twice a day during weekends, and each time will be at around 30 minutes. The worst part is it is an old car (Proton Lancer- Proton car but make up like a Mitsubishi Lancer Evolution), the exhaust smile is terrible.

It is very annoying that when comes to weekend, most of us will need to close up the sliding door and windows twice a day, each time 30 minutes to prevent the hazardous exhaust gas from coming in to our house.

I'm not a car lover. can anyone tell me what is the purpose of turning on the engine and let it idle twice a day? The car is not idle during weekday, the bugger is driving it to work daily.

Car is just a machine that suppose to bring us from point A to point B. Definitely it has defeat the purpose if much attention is needed to keep the car in good condition (Anyhow I don't think the car is in good condition).

Wednesday, June 08, 2011

Sales Consultant - The right approach

Today, I was enlightened by a speech from a very experience leader. He mentioned that all the sales executives shall have the objective to either improve the profitability or reduce the operating costs of the clients from the offering.

I still remember that when I was in Videojet business (industrial marking & coding), someone asked me about my career objective. The answer from me is as below:

"I would like to improve the productivity of the clients by offering the right solution that meets or exceeds industrial safety standards."

Be it industrial selling, corporates selling or retail business, sell only when there is a real requirements or needs. Do not push the items to the clients, especially in consumers business as it is sinful. And for buyers, you are sinful as well if you bought something that you do not need it.

When the item reached a person who does not need it, it will ended up as a rubbish. And, it takes a lot of resources to manufacture the rubbish and along the supply chain, it creates huge amount of carbon footprints.

Sunday, May 29, 2011

Is there an end to rising house prices?

Found this article, My Say by Azam Aris from The Edge Malaysia's forum dated 23, May 2011.
I shared the same view as per Azam Aris mentioned in his article "No end yet to rising house prices" that the rise in house prices is not commensurate with the rise in income for many (Malaysian).

Below are 2 paragraphs that are worth to share with you, especially if you are puzzling if you shall get yourself a house now which is far beyond your means or wait.

Brad Jones, an investment strategist with Deutsche Bank, says the framework created by Kindleberger and Minsky defines finanacial market bubbles as occuring in seven cycles:
  1. displacement (the birth of a boom)
  2. expansion (growth of the boom)
  3. easy credit (which fuels asset price inflation)
  4. euphoria (over-optimism and overconfidence)
  5. insider profit-taking (the liquidation of positions by lead investors)
  6. panic (chaos as investors try to sell but are hindered by illiquidity and leverage)
  7. revulsion (investors stop participating in the market)

All major financial market bubbles in the 20th and 21st centuries, Jones notes, have followed the seven stages of the Kindelberger-Minsky framework. "Notably today, it appears some Asian assets are in the third (stocks) and fourth (property, credit, loans and small caps) stages of the the cycles," he says.

To me, I have already own a decent house. If  I were to buy another house, it will be for my family and myself, sort of upgrade of existing lifestyle and definitely not speculation.

Thursday, May 19, 2011

Carjacking - New way of car hijacking

Just last weekend on Friday night we parked in a public car park. As we drove away I noticed a sticker on the rear window of the car. When I took it off after I got home, it was a receipt for petrol. Luckily my friend told me not to stop as it could be someone waiting for me to get out of the car. Then we received this email yesterday.

This applies to both women and men beware of paper on the back window of your vehicle.

Heads up everyone! Please, keep this circulating.. You walk across the car park, unlock your car and get inside. You start the engine put it into Reverse. When you look into the rearview mirror to back out of your
space, you notice a piece of paper stuck to the middle of the rear window. So, you stop and jump out of your car to remove that paper (or whatever it is) that is obstructing your view.

When you reach the back of your car, that is when the carjackers appear out of nowhere, jump into your car and take off. They practically run you over as they speed off in your car.

And guess what, ladies? I bet your purse is still in the car. So now the carjacker has your car, your home address, your money, and your keys. Your home and your whole identity are now compromised!

If you see a piece of paper stuck to your back window, lock your doors and just drive away.
Remove the paper later. And be thankful that you read this blog.

I hope you will forward this to friends and family, especially to women.

A purse contains all kinds of personal information and identification documents, and you certainly DO NOT want this to fall into the wrong hands.

Sunday, April 10, 2011

Google Adsense for Blogger – My 5th Google Adsense Pay Check

I have received my 5th Google Adsense pay check few days ago. The payout is around USD100 (MYR 305), not much but it is earned effortless, it is sort of passive income.

Google Adsense Pay Cheque

There are 500+ posts under the Macro’s blogs. The traffic is increasing gradually, mainly directed from the search engine and shared across facebook via readers. Even with minimal new postings, the Google Adsense income is just getting better with the higher traffic.

I hope the quantum of payout of my Google Adsense earning could improve to twice a year, subsequently shorten the period of payout to once every quarter and finally once a month.

Thursday, March 31, 2011






熊肚子被人類挖一個洞,插入鐵管到膽 ,每天活取膽汁數次,鮮血淋漓,劇痛無比,

有只母熊痛苦不堪,在人類要對她孩子小熊開腸破肚之際,搬開鐵籠子,把自己的孩子小熊撕碎——不願意讓小熊受一輩 子的地獄。







哈,門外蜷縮著一隻小熊,它胖胖的身軀 蜷作一團,毛烘烘的鬢髮柔軟地蓬鬆著。




“熊房剛跑了只小熊,沒來打擾先生吧?”“哦,有啊,在這呢。” 我指著小熊躲藏的地方。


小熊在離開房門時,那仰著的頭顱彎過來無助地望了我一眼 那是企求可憐目光。


來到一個有幾千平方米的高大建築裏,裏面很空曠,平放著六個籠子 每個籠子裏都有一隻萎靡的黑熊。







操作工人又慢慢鬆開繩子,接著拉起下一個回合,又是一個聲嘶力竭的泣叫 。
















“嗚……”那聲音慘極了 失望極了,是我在這個世界上從未聽過的震撼心靈的呼喊,它簡直就是用人類的語言呼喊出來的一個“媽”字,就連那些劊子手般的工人也為之一震。



可大熊沒有理會我的存在,飛快地蹦到了小熊的跟前,用那笨拙的巨掌去解那粗粗的鏈子,可怎麼也解不開,它只好親吻著小熊 ,勉強地把它依偎在自己的懷裏,用舌頭慈愛地舔去小熊嚴重的淚水,






只見它大叫一聲,瘋了似的向牆壁撞去,“砰!”牆壁 轟然倒塌了。




在此時此地,它沒有能力幫助孩子解脫那20年地獄般的痛苦,無奈之下,只有把創造了的愛毀掉,再去冥冥之中陪伴它,尋覓它 ,惟有如此啊!

由於抽擔的傷口從來不閉合,從來沒痊癒;由於長年累月地受盡折磨,很多熊都患上腫瘤,得了癌症, 這個熊得的就是肝癌。穿著鐵馬甲被抽膽的熊,鐵馬甲都腐爛了,不知道已經抽了多少年

這個熊已經被關在籠子裏長達22年之久!“不能轉身,不能站直,不能轉身,只有痛!沒有樹林 沒有陽光只有黑暗 !沒有自由 沒有止境 只有受苦 !

請大家告訴大家,請大家盡全部可能的力量, 廣泛宣傳!

Thursday, March 24, 2011

A story of a 6-year-old kid with HIV in China

A six-year-old HIV carrier, has been living alone since his parents died of AIDS.

The boy, known as Ah Long, does his own washing, cooking, studying and he also rears some chicken.

He lives in his parents' house at the foothill village of Malu Mountain in Liuzhou, Guangxi Province of China.

Ah Long has an 84-year-old grandmother, who visits him quite frequently and cooks for him.

The granny has also planted some vegetables near the house for Ah Long.

Ah Long does not know what AIDS is all about.

All he knew was that his friends never want to be near him, doctors did not want to treat his wounds and his only family member, his granny, refused to live with him.

He was also rejected by the nearby primary school. The only companion the boy has is a dog called Lao Hei.

Due to his complicated family background, the Welfare Department has declined to take care of the boy.

He receives 70 yuan (RM33) monthly subsistence allowance from the civil bureau but it is not enough.

After Ah Long's story was published in Chinese newspapers, a couple announced that they would adopt the boy. However, it has yet to materialize.

Ah Long story is indeed a sad story. As a victim of HIV, and without sufficient support, he is just passing his time until the AIDS completely wipe down his immune system.

A part from being sympathy to what happened to Ah Long, perhaps we shall take this as a lesson to ensure similar tragedy will not occur in us.

Are you practicing protected sex?
Do you have more than 1 sex partner?
Are you addicted to drug? (Do not share syringe anyway)
Do you check your HIV status after high risk activities like one night stand, unprotected sex or unprotected oral sex?

To those who think that they cannot live with only 1 sex partner in a time, please do not engage or get married. You will not want to replicate another tragedy like Ah Long for your kids.

Ah Long, be strong and live life meaningful. God bless you!


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