Resurrection of topic from the year 2011 !

Zombiessss

Wow...

My personal financial calculation work like this only....

1, 2, 3, many, a lot....

Haha

But seriously, initially I did try to keep track the expenditure and income etc.. but after 1 to 2 yr > gave up.

Only end up looking at my bank statement at the end of the year.
If:
Black = good.
More black > better !!!

Just curious, does the formula apply if you start work late.

In my case, I only start working at age of 24 yr old. And out of a job for 1 yr at the around 29ish.

Anyway, I failed with flying colour for all the 4 different ways of calculation

This post has been edited by Halamdar: Apr 8 2013, 12:51 PM

Haha, lets form a "loser" club ! JK

But seriously, dont compare with the big taoki here. Its over represented in this forum and there are not that many in real life

Wwwwww.... /cry !

No lah... still need my daily starbuck latte..... my kid come along as well... and he always order food too ....

Haha, for me , I dont buy luxury goods and my T shirt only cost RM 6, just cannot survive without latte

But on the serious note, I do have much saving and definately can afford latte everyday

Latte is something I need as a necessary enjoyment of my life

Its because at the moment, I am peak at my primary income . Well, maybe close to the peak .. probable could go higher.

And I started to work much later in my life ( Age > 24 yr old) due to studies. And 1 yr unemployed

Also, start family young , married at age 25 , and have 2 kids > eat up all my income during earlier part of my working life...(Sole income earner for the household)

With my kids growing up .. spend much much more lagi , but my income growth out pace my expenditure by a great margin. Hence.. if u use the PRESENT income > fail with flying colour !

This post has been edited by Halamdar: Apr 8 2013, 05:10 PM

Share margin facility > no interest incurred meh ?

I thought I am doing Okish.....

I better dig a hole and hide inside

P/s : We need a "loser" club thread

This post has been edited by Halamdar: Apr 9 2013, 10:16 PM

"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 ?