ilmunidham

Knowledge learning vs. controlling

lkc_lai@yahoo.com (lkc_lai) — Sun, 04 Oct 2009 01:25:00 +0000

This is a discussion with my brother-in-laws regarding the failure of our local graduate in looking for job opportunity. The past 2 months, the were many convocation for local and private universities and I do not how many thousand of graduates will sit in the house to look for job. Is this our education system failure? I still remember in my time, there are only 6 universities in Malaysia such as UM, UPM, UKM, USM, UUM & UTM. The opportunity to get a seat in local university was very tough even you had good result in academic especially for those people applied university with SPM result. For the instant, total graduate during year 1998 at UTM was around 3 thousands only compare with now with multiple of universities either local or private. Those day, you are able to get a career before you graduate because they know the quality of the student.

Sad to say that now university or college looks like a manufacture to produce huge quantum of graduates and the student are suffering due to inefficiency in communication and latest knowledge in the market.

No doubt that graduate has been thoroughly tested by university or college before issue a scroll to them but most of them are proud and cease learning in their life. They expect they are able to earn a living with their knowledge in university. I agree that we learn a lot of subjects and some even get dean certificate for all the semesters. The question raise in this issue is how many of us how to utilise the knowledge we have been learned for 4-5 years in university.

In school even until university, we are trained to study hard and pass the exam. We seldom be taught how to use the info or knowledge when we are in the real market. Eventually the government realized the over supply graduate problem and create an idea of in agriculture business which we can heard now like mushroom, catfish and all sort of business regarding agricultural. I am a planter and I know agriculture a great business which has a huge market. Usually, those with agriculture business are rich in oversea but no in Malaysia where government attempt to correct the path of agricultural business.

I coded an example. Catfish business is quiet famous at the moment and they are many people jump into this business. Conceptually people involve in business because of the income but without a proper knowledge and controlling then business will be a lot of loopholes. In business or education, we need to change our mindset that there is no shortcut to success. Failure is an improvement and motivation subject in our life. Never feel sad or down because of failure. The message of failure is telling that there are still have a gap to improve and perform better. My summary is control and know what you learn rather than just blindly score full marks.

PPL Tertinggi Daripada SpeedAdsense, Setiap Referral Anda Terima RM1

lkc_lai@yahoo.com (lkc_lai) — Fri, 28 Aug 2009 01:20:00 +0000

Kejayaan team SpeedAdsense menganjurkan seminar pada awal bulan Ogos yang lepas, dimana lebih 50 peserta berkampung di Hotel Armada, Petaling Jaya dengan misi untuk menjana puluhan, malah ratusan dollar setiap hari dengan menggunakan sistem mereka. Lawat http://www.speedadsense.com/index.php?ref=lkclai untuk melihat sendiri bukti keberkesanan sistem mereka.
Kini, mereka menawarkan pula kepada anda sistem yang bernilai RM1597 untuk di-test drive hanya sekali dengan bayaran serendah RM40/USD15. Peluang ini hanya muncul sekali sahaja, di mana selepas ia ditutup, anda tidak akan menemui peluang ini dimana-mana.
Selepas test drive ini ditutup, harga membership akan dinaikkan kepada RM1970, maka, anda perlu lah bertindak dengan lebih cepat!
Secara am'nya, setiap referral yang anda salurkan kepada team SpeedAdsense, anda akan menerima RM1. Maka, lebih banyak yang anda refer, lebih banyak $$$$ yang anda terima. This is no BS.
Ketahui lebih lanjut dengan melawat http://www.speedadsense.com/index.php?ref=lkclai

How clever are you?

lkc_lai@yahoo.com (lkc_lai) — Thu, 20 Aug 2009 02:16:00 +0000

Below are four ( 4 ) questions and a bonus question. You have to answer them instantly. You can't take your time, answer all of them immediately. OK? Let's find out just how clever you really are.....Ready? GO!!!

First Question :You are participating in a race. You overtake the second person. What position are you in?

Answer : If you answered that you are first, then you are absolutely wrong! If you overtake the second person and you take his place, you are second!Try not to screw up next time. Now answer the second question, but don't take as much time as you took for the first question, OK?

Second Question:I f you overtake the last person, then you are...? (scroll down)

Answer : If you answered that you are second to last, then you are wrong again Tell me, how can you overtake the LAST person? You're not very good at this, are you?

Third Question :Very tricky arithmetic! Note: This must be done in your head only. Do NOT use paper and pencil or a calculator. Try it.

Take 1000 and add 40 to it. Now add another 1000 ... Now add 30 . Add another1000 . Now add 20 . Now add another 1000 . Now add 10 . What is the total? Did you get 5000 ? The correct answer is actually 4100 . If you don't believe it, check it with a calculator! Today is definitely not your day, is it? Maybe you'll get the last question right... Maybe..

Fourth Question : Mary's father has five daughters: 1. Nana, 2. Nene, 3. Nini, 4. Nono. What is the name of the fifth daughter?

Did you Answer Nunu? NO!Of course it isn't. Her name is Mary . Read the question again! Okay, now the bonus round:A mute person goes into a shop and wants to buy a toothbrush. By imitating the action of brushing his teeth he successfully expresses himself to the shopkeeper and the purchase is done. Next, a blind man comes into the shop who wants to buy a pair of sunglasses; how does HE indicate what he wants? He just has to open his mouth and ask... It's really very simple.

Tired

lkc_lai@yahoo.com (lkc_lai) — Tue, 21 Jul 2009 08:14:00 +0000

MISSING!

lkc_lai@yahoo.com (lkc_lai) — Tue, 21 Jul 2009 08:03:00 +0000

Name : Tang Hooi Jen
Age : 19 years old
Height : 154cm
Location : Jenjarom, Selangor
Appearance : Dark-complexioned with short hair

She was last seen in Jenjarom on 10 June 2009 wearing a red t-shirt and pink short pants.
Anyone with information please call Mr. Tang (016-3989366) or Ms Kelly (016-2199458)

YOUR PROMPT ACTION MAY SAVE A LIFE…

Improve Ranking in Yahoo

lkc_lai@yahoo.com (lkc_lai) — Mon, 15 Jun 2009 06:29:00 +0000

webdegnguide

Publish at Scribd or explore others:

Make money online for free

lkc_lai@yahoo.com (lkc_lai) — Thu, 16 Apr 2009 06:42:00 +0000

This is a great blog I found on this morning. There are many ways to earn money through online. I wish you can gain something from this blog. The blog is http://entry4cash.blogspot.com/.

Vacancy-Technology & Education Researchers (Freelance)

lkc_lai@yahoo.com (lkc_lai) — Thu, 16 Apr 2009 01:52:00 +0000

Will serve as a Researcher on a project in Cambodia to develop materials for the teaching of ICT. He/She will specialize in methods for optimizing instruction.Th esuccessful applicant will have a strong research record and be knowledgeable in the areas of learner characteristics such as learning styles, teaching ofscience to middle/high school students, and/or optimization of subject matter to learners based on characteristics of both. Responsible for planning, coordinating, and implementing the plan for instructional technology; supporting technology users in the schools, consulting on the selection of technology equipment and related materials and coordinating in service activities in the area of instructional technology.

Please email me your resume at ehlamin/yahoo/com.

Vacancy-Executive Assistant (Part-time)

lkc_lai@yahoo.com (lkc_lai) — Thu, 16 Apr 2009 01:51:00 +0000

Athough the remuneration (ranges from RM550-850 per month) is minimum, we do expect high commitment and passion from the candidates applying for theposition. Successful candidate would be allowed claims for phone calls and those under allowable expenses but not travel mileage unless outside Klang Valley. Thepart-time work scope is as follows: * Performs administrative duties for executive management. Responsibilities may include screening calls, making travel and meeting arrangements, preparingreports/minutes, training and coordinating other support consultants, and customer relations. Requires strong computer and internet research skills. Alsocalls for flexibility, excellent interpersonal skills, project coordination experience, and the ability to work well with all levels of internal managementand staff, as well as outside clients and vendors.

Please email me your resume at ehlamin/yahoo/com.

Vacancy-Knowledge & Resource Executive (Full-time)

lkc_lai@yahoo.com (lkc_lai) — Thu, 16 Apr 2009 01:49:00 +0000

The fundamental core of the Initiatives Executive is to analyse, strategise, design, implement and manage programmes including research, development &commercialisation policies, guidelines, and processes that will prudently support & achieve company's objectives/mission. He/She provides assistance tothe Strategy & Initiatives Manager in administration, etc. He/She shall monitor and interpret investment portfolio performance to make recommendations tomanagement and is evaluated through reports and results achieved.

Please email me your resume at ehlamin/yahoo/com.

Chit-chat with parents

lkc_lai@yahoo.com (lkc_lai) — Mon, 02 Feb 2009 02:47:00 +0000

This advertisement is from Petronas. There are 4 old ladies taking about their children.

Mother A talk about his great doctor son. While, mother B talk his lawyer son gain a lot of wealth. Mother C said his son is rich businessman. The mother D does not say anything. She only wave to his son where he just back from work. A, B & C mother very envy with mother D because their great sons seldom come back to visit them.

This is real scenario in city. Most of the youngster leaves their hometown to earn money and forget their root.

All the parent wishes their children have a good career, subsequently set up a family and lastly play with grandchildren during the weekend.

What is the message from this meaningful advertisement?

Do you notice that your mother will busy to prepare food before their children back?

Father will ask how many days leave taken, wash your car, repair your car, and play with grandchild.

My auntie complaint that nowadays youngest do not how to communicate. Most of them either “sms” or play in front of computer. There is less communication among the family.

I noticed that senior citizen like to share or talk. Perhaps they feel bored. They like chit-chat. Something likes my son - Danish. He is just 2 years ++ and know a few wording but he will try to speak as an adult.

If your retire parent say their life is no bored. They are lying. Even through, early in the morning they can read paper, clean garden or watch TV. They still need to talk. I can see that my parent is very happy to see Danish even this naughty boy mess the house.

This little has created a "wonderful" relationship between children and parent which I can say most of the new generation parent lost this traditional "taste".

Emergency fund (rule 2)

lkc_lai@yahoo.com (lkc_lai) — Fri, 26 Dec 2008 06:45:00 +0000

Six months to a year emergency fund is a guideline and it is important for every employee such like me.

Definition emergency fund for Azizi is

“The whole concept of the emergency fund is to have money to cater for financial emergencies, which all of us face.”

This is my experience when I quit as a planter and join as land surveyor in year 2005. It is a tough period where my income reduce to 1/3 of my previous income. Moreover, the following year, I get my Danish. Can you imaging the situation? Money….money…..money is always in my mind and force me to dig all my emergency fund until empty.

If I do not have emergency fund which I have prepared before I resigned. I believe I will back to plantation again.
This is what I told my boss yesterday. “Self-prepared”.

How did you clear your credit card debt?

lkc_lai@yahoo.com (lkc_lai) — Thu, 11 Dec 2008 01:13:00 +0000

Credit card debt will be a nightmare if you are not trying to clear it. 18% interest per annual is no a joke and perhaps you can declare as bankruptcy. The initial step I will take is control my expenses while shopping and the best let your wife know the situation. If you still can not control then it is better to use cash to purchase and your credit card debt would not increase. Another solution is avoid high interest charges from credit card is borrow money from your parents or siblings to clear the debt. Do not feel shy to ask and perhaps when refund the money, give some additional money as thankful or “interest”. But if you have saving in hand then it is better to dig the saving rather than borrow from others. My previous experience reminded me that plan your credit card usage before you fall in this financial trap.

6 rules of thumb for managing money

lkc_lai@yahoo.com (lkc_lai) — Thu, 20 Nov 2008 00:48:00 +0000

1 ) Save 10% of your monthly income (rule 1)

Saving….saving…..saving…..this is what my mum told me when I was young. We need to save before we are able to buy what we want.

While, Azizi Ali in his book “Millionaires are from a different planet” stated that

“this is good for people who have just started work and would like to take control of their finances. Obviously, more is better. As you grow wiser, your finances should improve, and your savings rate should also increase.”

I graduated from University on year 1998 and the economic crisis occurred during the year. However, I was luckily because I was employed by a plantation company which is not related to my degree. Who border? Important is the monthly paycheck.

Even through the monthly paycheck is less than RM2K per month but my expenses is minimum. People say save 10% but my definition is difference-use 10%. No people believe it. I know I am poor but I am young. Save is one of method to escape from “poor” cycle.

My working environment is totally difference from others industry. I stay in estate. Company provide me accommodation (bungalow lot) and vehicle (motorcycle). What I need to do is learn the plantation work and receive the monthly paycheck. Sound easy and good for me as poor guy.

My conclusion is if you want to become rich then plantation is one of the option. Inside the industry you only work for money with minimum expenses (10%) but no entertainment.

New house

lkc_lai@yahoo.com (lkc_lai) — Mon, 17 Nov 2008 02:26:00 +0000

Today I can feel the pain on the whole body after shifted to new house. For the past 3 days, my wife and I woke up at 6am before my naughty danish disturbed us.

I really solute my wife, she can wake up 4am this morning to clean the house. She told that she could not sleep at new place compare with me and danish. Both of us can sleep wherever there have pillow......this is the great of danish and his papa.

Irfan Khairi Jutawan Muda

lkc_lai@yahoo.com (lkc_lai) — Wed, 29 Oct 2008 08:07:00 +0000

Memperoleh keuntungan lumayan hingga mampu bergelar jutawan padausia muda menjadi impian setiap insan. Pierre Omidyar, pengasaslaman lelongan menerusi internet yang lebih dikenali sebagai eBaymenjadi jutawan pada usia yang belum pun mencecah 30 tahun.Berikutan kejayaan Omidyar, mendorong anak muda tempatan lulusan ijazah Sarjana Muda Reka Cipta Multimedia dari UniversitiStaffordshire, United Kingdom [UK], Irfan Khairi, menceburi perniagaan sendiri di Internet.Pemuda kelahiran Perak, tetapi dibesarkan di Selangor dan sekarangmenetap di Seremban ini mengaplikasikan sepenuhnya pengetahuanInternet dan Multimedia yang dipelajarinya untuk menjadi jutawanmuda seawal umur 25 tahun. Tidak ada siapa yang menduga, anak muda yang agak pemalu dan sentiasa merendah diri ketika di bangkusekolah itu berjaya duduk sama rendah dan berdiri sama tinggidengan tokoh jutawan Internet yang lain.Menyoroti sejarah sebelum memegang status itu, Irfan setelah habispengajian ijazah pertamanya menerima tawaran bekerja di salahsebuah syarikat teknologi maklumat [IT] terbesar di Birminghamiaitu Netmedia [UK] Ltd.Sebagai pereka sistem multimedia dan perunding Internet, beliaubertanggungjawab mereka cipta sistem pembelajaran Internet untuksekolah-sekolah di UK yang dikenali sebagai Learning Grid. Sekaranglebih daripada 5000 buah sekolah di UK menggunakan sistem tersebut.Oleh sebab minat dan pengetahuan yang mendalam dalam bidangInternet dan perniagaan, beliau mula berjinak-jinak dalam bidangperniagaan Internet secara sambilan pada 1999. Selepas mendapatipendapatan daripada perniagaan Internet miliknya itu bertambahberlipat kali ganda, beliau mengambil keputusan untuk berhentikerja dan menumpukan sepenuh perhatian kepada perniagaan tersebut.Semenjak itu, Irfan hanya bekerja sepenuh masa dari rumah denganhanya menggunakan komputer riba dan Internet. Dalam masa tiga tahunberoperasi, salah satu perniagaannya memperoleh keuntungan bersihsebanyak RM 1 juta tanpa pekerja dan peralatan komputer canggih.Modal permulaannya hanya RM500.Ditanya sejak bila mula terfikir untuk terlibat secara serius dalambidang perniagaan seperti ini, Irfan dengan senyum yang tidakpernah lekang dari bibirnya menjawab, 'Ketika berusia 18 tahun ''Selepas Sijil Pelajaran Malaysia, saya mula memikirkan masa depanperniagaan ini. Saya berminat menceburinya setelah mendapat banyaksumber inspirasi melalui buku tentang kejayaan orang lain yang sayabaca,' Katanya.Kejayaan yang dimilikinya itu, memerlukan usaha yang bersungguh danterancang. 'Saya bukan bergelar jutawan dalam sekelip mata, tetapimengambil masa tujuh tahun untuk sampai ke tahap ini,'Katanya.Menurut Irfan, semuanya bermula apabila beliau mula berminatmendalami kejayaan orang lain dalam bidang-bidang tertentu. 'Sayadapati mereka berjaya kerana melakukan perkara yangdisukaai,'katanya.Meminati Bill Gates yang dianggap sebagai idolanya, beliaumenyatakan kekagumannya terhadap manusia paling kaya di dunia itu.'Saya kagum dengan idea, konsep yang diketengahkan oleh beliau.Bill Gates juga seorang ayah yang baik. Walaupun beliau orang yangterkaya di dunia, tetapi masih tetap merendah diri.Kalau boleh sayaingin menjadi seperti beliau.''Dari awal hingga menjadi kaya, beliau buat perkara yangdiminatinya iaitu pengaturcaraan [programming], Beliau menjadi kayasebab buat perkara yang diminatinya. Saya juga selalu sarankankepada peserta bengkel kendalian saya supaya buat perkara yangmereka minat, jangan terikut-ikut dengan industri yang kita sendiritidak tahu keadaannya. Kalau hendak mencapai kejayaan sebenarnyaindustri apa-apa pun boleh tetapi yang paling panting, kita minat,'jelas beliau.Ditanya tentang kelebihan perniagaan Internet, Irfan berkata,'Kemudahan Internet sebenarnya memberikan potensi cukup luas dalammemperluas perniagaan dan kita boleh berniaga apa-apa sahaja diluar sana. Jenis perniagaan itu pula bebas asalkan mendapatpermintaan.'Menurut Irfan lagi perniagaan itu sesuai diceburi oleh siswazahmenganggur kerana mereka mempunyaai pelbagai kepakaran bidang yangboleh diniagakan menerusi internet, asalkan mereka celik IT,mempunyai peralatan komputer, dan kemudahan Internet.'Perkara yang penting ialah kesungguhan dan yakin terhadap potensidiri untuk menjadi yang terbaik dan peluang menjadi jutawansebenarnya terbuka luas untuk semua orang, ' tambah beliau.Perniagaan Internet beliau yang menggunakan nama IdeaBubble,sehingga sekarang telah berkhidmat untuk lebih daripada 3000 orangpelanggan dari serata dunia. Kebanyakannya dari Amerika Syarikat,UK,negara-negara Eropah, Timur Tengah, Jepun dan Australia.Antara perniagaannya yang berjaya termasuk mereka cipta E-book,mereka cipta laman web dan grafik, perkhidmatan SEO [Searca EngineOptimization ], Menjual peta, penempahan hotel, perundingmultimedia, E-Niaga, dan e-pembelajaran.Irfan juga tidak lokek berkongsi kejayaannya malah menulis bukuberjudul, Rahsia Jutawan-Jutawan Internet Terbongkar, kepada orangramai yang berminat mempelajari teknik berkesan untuk menjalankanperniagaan Internet. Dalam buku tersebut, beliau mencadangkansupaya pembaca yang ingin menjalankan perniagaan Internet hanyamenjual satu produk atau perkhidmatan sahaja untuk setiap laman webyang dibangunkan kerana ini memudahkan mereka mencapai kejayaan.Tidak ketinggalan beliau juga memberikan beberapa panduan bagaimanapembaca boleh membangunkan laman web mereka sendiri. Buku setebal158 halaman terbitan Truewealth Sendirian Berhad ini berguna untukmereka yang merancang untuk menjalankan perniagaan Internet.Sehingga sekarang, Irfan mesih bekerja sepenuh masa di rumah denganpenuh selesa menggunakan Internet sebagai sumber pendapatanbersama-sama isteri dan sepasang cahaya mata. Katanya, hidup mestiditeruskan walaupun sudah bergelar jutawan.'Walaupun harta akanditinggalkan setelah mati, tetapi berfikirlah bahawa pekerjaan yangkita lakukan hari ini adalah untuk kesenangan 1000 tahun lagi.Maka, wajib bekerja dan bekerja'

Insert Adsense Into Blogger Body Post

lkc_lai@yahoo.com (lkc_lai) — Wed, 22 Oct 2008 03:56:00 +0000

Please kindly visit http://daily-thought.info/insert-adsense-into-blogger-body-post.html & http://djyano.blogspot.com/2008/03/adsense-code-in-blogger-post-body.html for adsense earning

How to Become Rich using banker 's money

lkc_lai@yahoo.com (lkc_lai) — Fri, 17 Oct 2008 03:04:00 +0000

Book need to read for property investor
http://books.google.com/books?id=-t9Gyl88FJIC&printsec=frontcover&output=html

Danish celebrate his 2nd birthday

lkc_lai@yahoo.com (lkc_lai) — Thu, 04 Sep 2008 05:37:00 +0000

Danish's Birthday cake

lkc_lai@yahoo.com (lkc_lai) — Thu, 04 Sep 2008 05:28:00 +0000

Look for Malay song

lkc_lai@yahoo.com (lkc_lai) — Wed, 03 Sep 2008 01:27:00 +0000

If you are looking for Malay song, please kindly visit http://liriklagu-songlyrics.blogspot.com/.

Example Hanya Kau Yang mampu & Ayat-ayat cinta are in this blog.

Great and thank you

The fun of having a blog

lkc_lai@yahoo.com (lkc_lai) — Wed, 30 Jul 2008 00:26:00 +0000

Blog is a trend in this new generation. There are many kinds of blog appeal in everyday and the common is the personal blog. It is something like our diary but the difference is the whole world can see your “diary”. Thus, writing in blog is no confidential and you have the freedom to express yourself.

I used to read others blogger post and I noticed some blogger is really giving us useful information content. This is the purpose why we surf in internet.

The existing of Blog creates a space for us to give “idea” on a particular topic. Sometime we found that difficult to voice out in reality and you can use this tool to fulfill your dreams.

Blog is an internet virus. Why I say blog is an internet virus? This is because when you post your article or content into your blog then it will spread all over the world. Where my article will go? I cannot answer this question because your article will appear when there is a demand.

Anyway, I think how many people read your article is not an important issue for this article. As I mentioned early, blog is “diary”. The function of diary is to jot down important event, data, formula, tips, comment etc. The normal diary is our “secret” book. If you have a lot of secret and you share with public. It will a great action and will be highly appreciated.

Writing in blog is not a professional work but you can make it professional. I understand that writing need a skill but do not treat writing as a part of your work. Blog is a fun. You can talk nonsense and I have received a comment that I am writing “stupid” article. What you care, just ignore him and keep write in your blog.

This is a normal respond I used to hear-“I do not have idea”. Idea comes from anyway. Lets us treat blog as coffee shop. There are borderless in coffee shop because you can talk whatever you like. However, please bear in mind that do not insult government then you will get trouble. Take a pen and start write. You will get an amazing article at the end.

Learn The Secrets For Blogging For Traffic And Cash With The Knowledge You Already Have.
Click Here!

Digg this-Bad Management

lkc_lai@yahoo.com (lkc_lai) — Fri, 25 Jul 2008 01:40:00 +0000

Boss told me on yesterday that one of our client complaints that we do not follow up the case until cause of later issue of QT.

Who should blame? I think the entire company should be responsible and do not point finger on each other. We should treat this weakness as part our objective. There is to serve client more efficient. This is why ISO is important in management because the system ensure the company follows the rule and condition. Even through the system involve of a lot of paper work but the system really works for a company.

We are a professional company and if we cannot manage our company well. How the client can trust us and given us the project to handle. This is nitty-gritty in business environment.

If you are a share investor then you will notice that usually a well growth company has an excellent management team. They are the core player whom runs the business.

From my experience in estate management, I can say that everybody is a manager. What is the definition of manager? Manager come from manage. Example a father is a manager for a family where he will manage family financial for instant. There is no reason why we cannot train people as manager.

I still remember there was a senior planter told me that “Why we are given the title of estate manager?” The answer is simple because you are well train in managing a property and generate income for an owner.

Management is an art of how you manage people to work for you. You should equip yourself with information and knowledge before you are able to manage the company. This is because in management you need to train people and ensure your people work for you. There is main keyword in management.

Management is a wide scope of discussion because management is not like mathematic “1+1=2”. You may be able to get three and this is the beauty of art management.

Employee Handbook Templates To Help You Manage Your Staff In Half The Time. Create Instant Human Resource Policies And Procedures For Australian Small To Medium Businesses. Also Employee Performance Reviews: Tips, Templates & Tactics Ebook.
Click Here!

Secret of house loan

lkc_lai@yahoo.com (lkc_lai) — Mon, 21 Jul 2008 01:43:00 +0000

My wife read an article regarding house loan from a magazine recently and she tried to discuss with me on this morning. I read the article and found that it was a good article for discussion especially those have house loan with bank. The writer is kind to write the article regarding house loan and share some useful information in the article.

In the article, the writer commented that banker took advantage from the loan owner such as us. They claimed that the banker will charge us 2.5 times interest of the actual loan we borrow. I can not deny that the banker is taking advantage from us and this is why some people say banker is “legal” loan shark.

What choice we have beside borrowed from bank? Never think about loan shark if you do not want trouble in your life. We can not buy a property with cash unless you have prepared such huge amount for the property. Buying a property is no cheap and the cheaper is the low cost house. The market of low cost house is around RM30,000 but recently I did a strata title at Shah Alam, some people want to sale their low cost house at RM70,000. RM70, 000 to get a low cost house, do you want to invest? Difference places have difference price. Price of property seldom decreases. Another reason why people rarely pay cash for the property is because to avoid income tax to check on you.

The role of Banker in house loan

Bank is a place where we can borrow money legally to purchase property. Nowadays, there are many loan package, you can either choice fix interest rate or BLR interest rate. What is main difference of these 2 (two) package?

What is fix interest rate house loan?

Basically, fix rate interest house loan is a rate agreed by loan owner to banker and this rate can not be changed even through the inflation is high. Let me describe in example; the concept of this package is loan owner only know one figure to be paid to the banker for a certain period, such as monthly installment RM800 for 30 years. If you select this package, what you need to do is pay RM800 every month without fail before you get the penalty from banker. The advantage of using fix interest rate know your monthly installment wellDo not need to crack your head to seek for additional money if the interest rate is increase such as BLR packageSuitable for those has limited income group. The package is assisting them in budget their source income.

The disadvantage of using fix interest rate

The disadvantage is per described by the writer as below example:-

Total loan is RM250,000
Period of loan is 30 yearsInterest rate is 7.5% ( this is the lower rate I seem until this moment)
Monthly payment is around RM1750

From the article, the write did a analysis for 3 stages

The first 12 years, the owner (refer to above total loan) need to pay RM250K and the owner still owe the banker 83% of the total loan.The following 10 years and there is 22 years of the loan period, the owner need to have this huge amount of money (RM462K). When can to this stage, the owner only settle for 50% of the total loan.Do you know how money to settle above loan? The answer is RM 630K.

I realize and agree with the above analysis from the writer where if we select fix interest rate package and we are going to pay the property such as 2.5 times of our initial loan.
I did check with the banker recently and they printed out a copy of how the fix interest rate system work. I just realize that the first three year, you will pay the banker interest rate and they only reduce a small amount of the total amount of loan. I should picture the graph for interest should decrease along the period and graph for loan increase along the period. You must be asking me what I try to tell you all. The interest amount is decreasing along the period means the initial stage of the loan period, the loan owner only pay interest amount rather than total loan. These 2 (two) amount will be equal after a period such as 22 years as what the writer try to tell us. This is the strategy by the banker. You will be regret if you select this option package because it happen to my wife also.

Leverage banker

Here is my personal view and perspective regarding the writer comment on above matter.
For those people buy a house to stay and fall into the banker’s “trap” then you should follow the writer recommendation. Discuss with the banker again or appoint a qualified financial consultant specialize in house loan to reduce your high interest rate.

However, if you are buying a property to rent then we can not follow above recommendation. In this case, you need to utilize banker as your leverage to own the property and generate income for you. Why I say like this?

As I mentioned earlier, seldom people will buy a property by cash. So, the alternative is using bank money to generate money for you. How to do it?

Normally, we need to prepare 10% down payment for the property. Say the property is RM100,000 then 10% equal to RM10,000. You need such amount for property investment. After that, the next 90% should get bank loan to settle for you. Another advantages of using bank loan is the package usually come with the insurance. Subsequently, your property will be protected.

For property investment, I refer fix interest rate so that I can know how much I need to rent out my property. A basic guideline to generate income by property.

Now, let us see how the system works to generate income by borrow bank money.
Say you are paying RM200 per month for your house loan until 30 years and you are able to rent the property by RM150. This is telling you that the person rent your property is paying your house loan indirectly. This example you still need to top up another RM50. How about after 10 years, I can guarantee that your rent rate will increase according to growth of our nation economic but your monthly installment to bank is remain RM200. Can you see the profit margin you will gain from this package.

Perhaps after 30 years, your house rent increase to RM300 and you are gaining RM1,200 per annual without paying a single cent to the bank.

However, there is a risk where your property is vacant or no tenant then you need to pay the RM200 to bank. To avoid this problem, advertise your property when there is no tenant. Maintain the property well is vital to get higher rate of rent.

My conclusion is house loan package need to suit your demand. If you buy property to stay then use BLR package and settle as earlier as possible.

While if you buy a property for investment tool then you should consider my comment. Do not pay off because you are able to invest more properties rather that depend on one property.

Click Here!To see Fast Payoff Techniques For Mortgages.

How are you dealing with the increase in the price of petrol

lkc_lai@yahoo.com (lkc_lai) — Wed, 09 Jul 2008 00:38:00 +0000

First, cease using high consumption fuel vehicle while travel in city/town and try to have a small c.c. vehicle such like Kancil or motor.

Secondly, while having your breakfast at home. Refresh what you need to go and plan the road route to avoid unnecessary traffic conjunction.

Thirdly, settle the entire bill by one stop centre such as e-banking where you can easily do in front of PC without travel.

Lastly, for those businessman/ businesswoman fully utilized the internet facilities to correspond with your client such as e-mail, internet phone, net-meeting and etc.

I wish above system can reduce our fuel burden as a consumer and this is what I implement at the moment.