yes, i wonder too, 36 months, CASH in buying a house. who on earth buy a house with cash even though u really have that much of cash in ur pocket?

an fresh grade with 3k start is consider LUCKY.

come on la, u think everything in oil and gas came with huge figures? petronas will spend 20 milion usd to buy and build an oil rig and platform, but, it does not mean it will hire any normal fresh grad with 6k salary.

maybe ur friend is a department manager once step into the oil and gas company. so, i think the gm or director is rather dumb by hiring fresh grad on this post.

anyone agree with me ?

one more thing, dont always say ( MY FRIEND THIS RICH, THAT FRIEND THIS RICH ), if that is the case, proof me the wealth.

what i learned is, the real rich people will never tell u how rich is him...................................

This post has been edited by cactus1: Sep 11 2009, 02:28 PM

their job with their current income sounds fishy and bullshit to me, even if they restricted themselves spending a single cent every month, unless those dream guy making big money behind the scene. Etc : black market

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Added on September 11, 2009, 2:29 pmthe bold part, i kept in my heart for ages, finally you burst everything out. god damn


This post has been edited by [LinkZ]: Sep 11 2009, 02:29 PM

That is the price today in JB.
10 years back, how much is the houses in Subang?

1 house only 200k..:P:P

@yewkhuay,

Thanks, I like polite people.
Ok, clarfication. Thats the total Insured sum. I think its very little right? But I dont quite trust insurance. What can I do next?

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Added on September 11, 2009, 6:11 pm1) Correct

2) True.. and partially dont know how to invest and dont know when i want to stop working immediately.

3) Very pandai lah!


U can read my mind is it? yeeeeeeeeehhaaaa

This post has been edited by jacboy: Sep 11 2009, 06:11 PM

as u mention , rich ppl never tell u how rich they are, perhaps this fren of mine got other income that i don know. Probably only he can do it coz most of the time he is oversea and he never own any car or luxurious watch or phone, stay in sister place , can consider he save up >90% of his nett income. I m not in O&G business, i reserve my comment on how much they can earn. Just be open with what ppl wanto claim they have earn n save up, it is always better to ask HOW than say NO WAY.

My example of mentioning this fren is not to lift my status , but to indicate that there are ppl out there that can earn n save up alot. If I bought 300K house with cash , i will say so.

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Added on September 11, 2009, 6:23 pmthen i think is best for u to tell insurance agents wat u do not trust in insurance and see if they can clear ur doubt, since u plan to do something about it. there are a few insurance thread here, u might wanto go through some of them.

This post has been edited by yewkhuay: Sep 11 2009, 06:23 PM

Just a question..
Can we add our EPF money to sum up our net worth?

How I wish I could Then I would be making much much more money

If Jacboy is an expat in a foreign coy earning in USD, euros or pounds, he could have easily saved rm100k p/a. O&G is another industry that pays well, some 24-25 yr olds can easily make 20k-30 p/m.

So lets not accuse when we dont know the whole truth. And just bcoz you dont know any yuppies who earns that much, it doesnt mean there isnt.

So ppl, be mature n keep an open mind.

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Added on September 11, 2009, 9:06 pmU r right, but having 400k in the bank is hardly rich. Buy one cash car and house, u'll left with nothing.



This post has been edited by Pai: Sep 11 2009, 09:06 PM

@hazairi,
Yes U probably can take into account the total monies available in ur EPF fund but that's really untouchable. When I make calculations, I just 'overlook' the EPF and well, when I turn 55 I guess that's just what I'll call bonus *smiles*

@yewkhuay,
So when U gonna start introducing these rich fwens of urs to me?!

@jacboy,
I don't think U really wanna make comparisons with us; you'll realise it'll be quite wide; those who declare they earn millions probably are living their "dream". The most affluent group probably wouldn't wanna disclose much information here

From what you've mentioned, cash @ RM10k might not be sufficient; I always believe in keeping at least 6-8 months [of expenses] liquidity for emergencies. You may also want to boost up your insurance; I notice U aren't covered for Critical Illness + Hospitalisation [but perhaps ur office covers that for U *shrugs*]

OopSs... I just saw the RM220k FD - well.... okie forget I even mentioned the above. You certainly are rich !

@Pai,
Eh.. RM400k can't even get a terrace house @ Puchong these days man! The last development by Island & Peninsula which was sold out was going from RM480k and yet people were lining up like no body's business. Goodness gracious - so many rich & free people around

This post has been edited by tinkerbel: Sep 11 2009, 11:13 PM

Looking for rich boyfriend?

she is too rich to have anyone qualify to be Rich BF for her...

@jasonhanjk,
Rich is not a criteria in a bf/husband. It would of course be a bonus if he were *grins*

@yewkhuay,
Eh.. jangan cakap macam ini; my networth has certainly dropped plus not to mention, I've been spending too much and haven't saved up much in the last 1.5 years *siGh*

Hehe.

It's nice to know some rich friend, at least we think the same and discuss mostly on the same topics.

Yes..Net Worth = Asset (EPF, Cash, FD, Car, Non-liquid asset etc) - Liability (home loan, hire purchase, cc debt etc).

u mean after u join discussion in LYN more frequent u became a bigger spender ?

@jasonhanjk,
Just cause u know them doesn't mean U may have common grounds and discuss the same topics. Then again, u probably know better cause I ain't rich

@yewkhuay,
Er.. no but sis got married last year and i took the family for holidays then too. And this year, well, i'm still spending too much plus I'm not unemployed, just in case u haven't been updated as yet!

u mean u r unemployed ,right? u told me wat...waiting for fully extended story...

must be downpayment paid..and also not to mention some 'startup money

@tinkerbel

I ain't rich yet but I always consider myself to be a rich person. So most of my friends are going the same path as me. Know one in Melaka for example, he finally owe the bank 1 mil.
That is when I congratulate him.