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 How much is your net worth?, gauging your financial performance.

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gark
post Apr 11 2013, 04:44 PM

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QUOTE(WintersuN @ Apr 11 2013, 04:38 PM)
fuh.. how come so hai?
Got recommendation for me? I also want work there
*
Sure you want?

Work deep inside jungle..

No cell phone reception..

No TV reception..

No internet..

Electricity use genset.. only run 4 hours a day

Water use underground pump ..

House stay at company mess..

Food provided (go town buy once a month), take turn cook..

Nearest town is 4-5 hour boat ride..+ 2-3 hours jeep ride

Can only go to town 1 time per month.. the only time you can use money..

Work 7 days a week (what else you gonna do?), 4 days off per month (go town)...

Still interested? Guarantee can save >90% of your high salary... (cause no where to use..) brows.gif

This post has been edited by gark: Apr 11 2013, 04:46 PM
SUSWintersuN
post Apr 11 2013, 04:46 PM

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QUOTE(gark @ Apr 11 2013, 04:44 PM)
Sure you want?

Work deep inside jungle..

No cell phone reception..

No TV reception..

No internet..

Electricity use genset.. only run 4 hours a day

Water use underground pump ..

House stay at company mess..

Nearest town is 4-5 hour boat ride..+ 2-3 hours jeep ride

Can only go to town 1 time per month.. the only time you can use money..

Work 7 days a week (what else you gonna do?), 4 days off per month (go town)...

Still interested? Guarantee can save >90% of your high salary... (cause no where to use..) brows.gif
*
If salary is good i dun mind. I can do lots of activities outdoor and dont really rely on computer and stuff. Just like working offshore also. Work for few weeks then holiday few weeks and back to work. Got vacancy?
gark
post Apr 11 2013, 04:48 PM

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QUOTE(WintersuN @ Apr 11 2013, 04:46 PM)
If salary is good i dun mind. I can do lots of activities outdoor and dont really rely on computer and stuff. Just like working offshore also. Work for few weeks then holiday few weeks and back to work. Got vacancy?
*
No work few weeks holiday few weeks.

Work 26 days, off 4 days and repeat...
SUSWintersuN
post Apr 11 2013, 04:49 PM

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QUOTE(gark @ Apr 11 2013, 04:48 PM)
No work few weeks holiday few weeks.

Work 26 days, off 4 days and repeat.. .
*
Then get to go home to family or not? Need work how mny yrs like dat?
felixmask
post Apr 11 2013, 05:15 PM

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QUOTE(gark @ Apr 11 2013, 04:44 PM)
Sure you want?

Work deep inside jungle..

No cell phone reception..

No TV reception..

No internet..

Electricity use genset.. only run 4 hours a day

Water use underground pump ..

House stay at company mess..

Food provided (go town buy once a month), take turn cook..

Nearest town is 4-5 hour boat ride..+ 2-3 hours jeep ride

Can only go to town 1 time per month.. the only time you can use money..

Work 7 days a week (what else you gonna do?), 4 days off per month (go town)...

Still interested? Guarantee can save >90% of your high salary... (cause no where to use..) brows.gif
*
Suit me Uncle Gark:

My CV:
Mountain: Climb Mt KK, Climb Mt Merapi , Bukit Tabur, Gunung Jerai Kedah - Cycle and Camp fire.

Riverr Adventure: Sg Padas water rafting

Island snokerling: Si Padan Island, Pulau Redang, Pulau Perhentian, Pulau tioman

Volutaarily works: 1 week camp tutrle santurary with SEATRU, 3 day Turtle santurary Kemaman

Water: Rainbow Water fall , Silverwaterfall sapa- Vietnam

Adventure Oversea jungle trecking: Walking thru Vietnam jungle , Indonesia( Middle Jave onli) , Cambodia (backpacking phnom pen to sian reap by public transport)

Favorable pets: Snake.

Zoo Negara: Voulntarily Work. Clean Tiger cage and Feed Tiger.

Hobbyist: Taking bird picture with my DSLR at jungle. Encounter , elephant corcodile and wild boar got tour guide.

Comunication: Can survice without HP & BroadBand.

Reason of Survival: MONEY

This post has been edited by felixmask: Apr 11 2013, 05:20 PM
felixmask
post Apr 11 2013, 05:22 PM

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deleted

This post has been edited by felixmask: Apr 11 2013, 05:23 PM
gark
post Apr 11 2013, 06:17 PM

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Wah a lot of people want these kind of work. laugh.gif

If you want can apply for position of Plantation Executive/Manager especially based in Indonesia, many offers out there. They have constant requirements for people as many don't want to work in jungle. brows.gif

This post has been edited by gark: Apr 11 2013, 06:18 PM
yhtan
post Apr 11 2013, 06:44 PM

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QUOTE(gark @ Apr 11 2013, 06:17 PM)
Wah a lot of people want these kind of work.  laugh.gif

If you want can apply for position of Plantation Executive/Manager especially based in Indonesia, many offers out there. They have constant requirements for people as many don't want to work in jungle. brows.gif
*
this kind of job can be easily earn above RM10k per month brows.gif
kelvinlym
post Apr 11 2013, 07:17 PM

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Just to stay on topic, how do you guys track your net worth performance?

I have a simple spreadsheet. It's nice to see the growth on a graph. I'm averaging 2% every month.
simplesmile
post Apr 12 2013, 12:39 AM

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I use SEE Finance.

QUOTE(kelvinlym @ Apr 11 2013, 07:17 PM)
Just to stay on topic, how do you guys track your net worth performance?

I have a simple spreadsheet.  It's nice to see the growth on a graph.  I'm averaging 2% every month.
*
prophetjul
post Apr 12 2013, 07:44 AM

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QUOTE(kelvinlym @ Apr 11 2013, 07:17 PM)
Just to stay on topic, how do you guys track your net worth performance?

I have a simple spreadsheet.  It's nice to see the growth on a graph.  I'm averaging 2% every month.
*
2% EVERY MONTH..........for how long now?

At this rate your net worth will surpass WB very soon..............
wongmunkeong
post Apr 12 2013, 08:14 AM

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QUOTE(prophetjul @ Apr 12 2013, 07:44 AM)
2% EVERY MONTH..........for how long now?

At this rate your net worth will surpass WB very soon..............
*
Gold bro, average is affected by high / lows gua.

IMHO - please shoot and advise (criticize with data & perspective) notworthy.gif
a. I think more realistic = "median" or the 50th percentile
My "average" since tracking monthly from 2009 is 2.49%pm (mostly due to sorok-ed bonuses' spikes)
BUT my median is 1.82%pm only.

b. I think for realism, one shd use a XX mths moving average or median, thus the previous old-old years' data don't over-skew "current reality".
eg.
For a moving 12-month's moving average: 2.05%pm
For a moving 12-month's moving median: 2.24%pm

c. In addition, one may also want to take a yearly ROE / net worth growth or a moving 12 months' ROE / net worth growth too, to put things in perspective
eg. 24% to 28% pa+/- for the past few months.

Thus, if i look at (a) to © with the examples above, i can figure out that...
1. looks like my "more current" (12 months' moving) net worth growth seems to be snowballing a bit faster than history (2009 onwards)
coz median for (b) & © correlates and is higher than (a)

2. Spikes are evident
looking at the disparity of average vs median for (a.) - thanks to my bosses <kiss kiss mmm nice shoes U have Sirs> notworthy.gif

3. There were some SEVERE dips in my past 12-months' growth
coz my 12-months' moving average is lower than my 12-months moving median.
Averages are greatly affected by outliers
Medians arent

Note - my starting pot small & lots of debts mar + started to save like heck, thus look big the % tongue.gif
Still slogging like an ant cry.gif
prophetjul
post Apr 12 2013, 08:23 AM

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QUOTE(wongmunkeong @ Apr 12 2013, 08:14 AM)
Gold bro, average is affected by high / lows gua.

IMHO - please shoot and advise (criticize with data & perspective)  notworthy.gif
a. I think more realistic = "median" or the 50th percentile
My "average" since tracking monthly from 2009 is 2.49%pm (mostly due to sorok-ed bonuses' spikes)
BUT my median is 1.82%pm only.

b. I think for realism, one shd use a XX mths moving average or median, thus the previous old-old years' data don't over-skew "current reality".
eg.
For a moving 12-month's moving average: 2.05%pm
For a moving 12-month's moving median: 2.24%pm

c. In addition, one may also want to take a yearly ROE / net worth growth or a moving 12 months' ROE / net worth growth too, to put things in perspective
eg. 24% to 28% pa+/- for the past few months.

Thus, if i look at (a) to © with the examples above, i can figure out that...
1. looks like my "more current" (12 months' moving) net worth growth seems to be snowballing a bit faster than history (2009 onwards)
coz median for (b) & © correlates and is higher than (a)

2. Spikes are evident
looking at the disparity of average vs median for (a.) - thanks to my bosses <kiss kiss mmm nice shoes U have Sirs>  notworthy.gif

3. There were some SEVERE dips in my past 12-months' growth
coz my 12-months' moving average is lower than my 12-months moving median.
Averages are greatly affected by outliers
Medians arent

Note - my starting pot small & lots of debts mar + started to save like heck, thus look big the % tongue.gif
Still slogging like an ant  cry.gif
*
Bro Wong

Like your idea of time based moving average. It gives a more dynamic reading to the trend.

However from kelv above, I read him sayin his growth is 2% p month..........fantastic if that's the case!

Is that the same? rclxub.gif
RecruitingTheBest
post Apr 12 2013, 09:15 AM

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QUOTE(CuteMaestro @ Apr 11 2013, 02:32 PM)
I am going to play in the stock markets of Indonesia and Thailand very soon =)

ALOT of hidden gems in Indonesia stock market.
*
Indexes at both Indonesia and Thailand markets are at record highs at the moment... Thread carefully and good luck.
prophetjul
post Apr 12 2013, 09:55 AM

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QUOTE(RecruitingTheBest @ Apr 12 2013, 09:15 AM)
Indexes at both Indonesia and Thailand markets are at record highs at the moment... Thread carefully and good luck.
*
Malaysia , USA..........ALL record Highs........... sweat.gif
newbie99
post Apr 12 2013, 12:21 PM

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QUOTE(prophetjul @ Apr 12 2013, 09:55 AM)
Malaysia , USA..........ALL record Highs...........  sweat.gif
*
Stock market record highs. Property, gold, silver etc everything also so high. If sell the stocks, also dont know where to reinvest the money.. Put in FD, sure eaten up by inflation. Any advice?
prophetjul
post Apr 12 2013, 12:46 PM

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QUOTE(newbie99 @ Apr 12 2013, 12:21 PM)
Stock market record highs. Property, gold, silver etc everything also so high. If sell the stocks, also dont know where to reinvest the money.. Put in FD, sure eaten up by inflation. Any advice?
*
Allo...............gold and silver are not at their HIGHs..........stock mkts are. nod.gif
felixmask
post Apr 12 2013, 02:15 PM

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QUOTE(prophetjul @ Apr 12 2013, 09:55 AM)
Malaysia , USA..........ALL record Highs...........  sweat.gif
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hi prophetjul,

Do you agree the more money printing@QE out by US & Japan, the stock market will continue bull....
prophetjul
post Apr 12 2013, 02:31 PM

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QUOTE(felixmask @ Apr 12 2013, 02:15 PM)
hi prophetjul,
 
    Do you agree the more money printing@QE out by US & Japan, the stock market will continue bull....
*
There is a limitation on the bull .........could the following scenario happen?

Heres something written by a top economist Peno

QUOTE
“They didn’t speak at all about what’s going on in Japan, the Bank of England, or the Federal Reserve ... In Japan, under the regime of Shinzo Abe and the new central banker Kuroda, they have set up the globe for what I see as the next significant crisis, which will be exponentially worse than 2008.


...They are not only setting up the Japanese economy, but the global economy for an interest rate slingshot which is going to send yields from where they are now at about .5%, to 2% to 3% in a matter of weeks.  If that doesn’t send down the global economy, I’m so worried about a crash in global equities stemming from the earthquake that is going to occur in Japan. 


It’s going to metastasize across the ocean to the United States because we are doing almost exactly the same thing that the BoJ (Bank of Japan) is doing now ... What Japan and the US are doing is going to lead to sovereign debt collapses in the next few years.  And when the collapse of sovereign debt occurs, you are going to see sovereign bankers having to step up their level of debt monetization.


They will be faced with a decision:  They can either watch the interest rate vacuum take place and see yields skyrocket higher from the artificially depressed levels of 1.5% on the US 10-Year or .5% on JGBs (Japanese Government Bonds), all the way up to a level that is well north of the nominal yields on Treasuries.

You are talking about interest rates that could go from .5% in Japan, to 2% over the stated inflation rate.  In the United States it could go from 1.5% on the 10-Year to 6% or 7%, and I’m talking about that happening in a very short period of time.

So these central bankers and politicians will have to sit back, watch, and cheer on a global depression.  Has any central banker showed any indication of allowing the free market to be reinstated and to work its magic?  It’s absolutely out of the question

So, my prediction is once this vacuum takes place, once these central bankers step away from their debt monetization and realize they have been the only buyers of their sovereign debt and the interest rates spike, they are going to have to come in (to the markets) in a much more significant way than they already are.  That is going to lead to what I see as global intractable inflation for a very long time.”  .




Halamdar
post Apr 12 2013, 03:19 PM

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"So, my prediction is once this vacuum takes place, once these central bankers step away from their debt monetization and realize they have been the only buyers of their sovereign debt and the interest rates spike, they are going to have to come in (to the markets) in a much more significant way than they already are. That is going to lead to what I see as global intractable inflation for a very long time.”

So, for argument purpose.

Say, central bank of America and Japan (infinite) NON stop buying their own bonds In order to print more money. The worst scenario > hyper inflation. Then why would the interest rate spike ?

With hyper inflation > biggest loser would be ppl who hold cash and saving in bank, and/or bonds (those that are fixed rate and not link to inflation + type)

The winner will be , fixed assets, oil, commodities, maybe shares ( as long as records profits ) >more bull run ?
And of course banker with fat bonus.

There is nothing to stop them for Infinitely printing money. And continue devaluation of their currency. (World war of the Currency ). And those that depends on export economies + high debts + low tech level will collapse 1st . And rebalancing of trade occur ?



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