i earn a 6-figure monthly income in ringgit..
i still remember my roots, how i began with a meagre rm1600 about 7 years ago..

so i can feel you guys out there trying to climb, ringgit by ringgit, year by year..

i also have an additional 4-figure monthly income from rental and portfolio-investment..

teach la how u do it

talk is cheap, show figures pls...this is not bullshit kopitiam.

So envy, i guess too many indian, china even filipinos is good in IT working in sg.
Thats y IT field lower unless you in managerial position.
All my colleagues is filipinos and 95% my gf company is indian IT worker. Both of us in MNC company.

yeah.. talk is cheap.. so do most of you here.
so if you don't appreciate sharing, there's nothing to talk about.

---

Added on June 4, 2007, 5:49 pmrecognise a career.. not a job..
i spent a bulk of that 7 years.. learning laterally on one specific industry.
sacrifices can be tremendous.. people that i interview today seldom show that sort of attributes.


This post has been edited by lwb: Jun 4 2007, 05:49 PM

wah...
so high...

im also auditor, but from medium.
experience: 1.5 years
Salary: RM1900
Education level: Degree & ACCA
Graduated: Oct 2005

comparing.... is it my firm now is offer dammmmmm low pay for me lioa...

now tht sounds logic to me....THANKS FOR SHARING....it took me 2.5yrs to hav tht income.

i have a feeling that you're envious if.. assuming it's indeed a person posting up that they earn a 6-figure monthly income..

looking at the way you responded to it, indicates to me that your personal ego is bruised since for little apparent reasons.. even logic don't reveals much by re-stating a typo.

honestly, to have such a level of income.. i'm sure you know what it takes and what's important.. it's not just about personal ego(the reaction that i got from your first comment as opposed to a sudden change of language tone of the above)

here's the magic.. i get to keep almost 90% of my monthly income. as i've noted that most high-earners are also collectively, high spenders.. at the end of the day, it's like a zero sum game..

taking 2.5 years to have that income? what's that suppose to mean? have i not tell you that i earned above rm10k/month at my first job abroad.. would that qualify me to 0.0 year?

heck.. i've never hear such petty comparative statement from a high-income earner before.. let me guess, you're into sales? (as such, you may not have a high salary per se.. i'm not into sales, i get my as nett.. or ebita)

So, I assume you do some side investment as well? Which industry are you in?

i m sorry if i m in anyway offended u, as i said , talk is cheap , we had seen a lot of big talker here just to say for fun, tht's y i sincerely request for an evidence to convince our forumers here. like u said typo, u hav to expect such respond from ppl when it comes to 6figures a month, tht impress me n i need to be sure.

in case u think i m a talker oso, pls refer back page 96-97 on how i keep ppl shut up. And for ur info, earning 10K abroad is nothing to shout about here, being able to earn 10K in malaysia, yes, u deserve the respect after u prove urself. i don't earn alot from 1 income but i try to get more from different sources . Rule of thumb for my financial management : Open more wells n cut down water consumption , i assume u understand wat i mean.

i congrad ppl who can earn high income on one job coz they gave a figure which justify, when it doesn't justify, i just thought sharing has to be sincere n humble to let ppl question how u did tht n how much .

nice to hav u here to inspire many of us here to work harder.

This post has been edited by yewkhuay: Jun 4 2007, 10:45 PM

my boss and i, we talked about retiring someday soon.. he talked about capital requirement, but i quietly told him about cashflow requirement.

see how interesting 2 school of thoughts emerged? my boss is from the i.t world and i'm hybrid worker.. i guessed he don't see cashflow as much as you do yourself..

multiple wells, and streams of income is more important than assets/capital. if they're stagnant, they get depleted equally fast..

currently i'm trying to notch up my passive income to a level where it can matches 80% of my employment income.. that'll be indicative of a transition to semi-retirement.

mind you, there're lots of responsibility to bear.. i've gotten my retirement fund setup, children education fund in-place.. it's like playing chess, every pieces is a resource that has to be moved in accordance to the changing needs..

now.. if you work with this in mind.. a career will start to conceptualize in your head.. as opposed to 'what to do tomorrow'.. because a sense of purpose is in place.

interesting industry that i have been given the opportunity to serve.. financial services(my favorite), electronics(that's how i got my hands into sap) and telco..

if i show you my resume.. you'll see my 'career' move.. each assignment has its purpose and meticulously woven.. even if it's flipping burgers, it gets flipped for a reason..

over to you..

i don't just "do" investment.. the ratio of studying/planning an investment is so much higher than the "do" part.. execution is usually swift and determined. it's the planning and due-diligence that take a long time.

you played chess right? have you ever tried lightning chess? goodness, i can't handle the stress of not being able to think in such a diminutively short period of time..

in regular chess.. the thinking part is so long, but the move is a quick snap.

my parents only taught me to save since young and i had seen how hard money is being earned. Since then i decided to hav multiple income rather than holding one n only rice bowl. it is same like putting eggs in different basket in investment, my case, i invest on myself.i learnt how to earn more rather than save as much as possible.

Joining MLM was a coincidence but to maintain n stay was indeed a hard decision to make n keep. i m sorry many has PM me about the MLM thing i do, they didn't see the picture behind the post, is not about which MLM u r in, is whether u wanto start farming ur passive income for future and will u stay ? there is no such thing as fast money...

i took every opportunity tht comes to me , by fren or by own observation, only took up wat i think i handle n manage. Currently not into any Stock trading nor U.Trust as i prefer risk to be in own control. yes, the bull is running but tht's not my bull for sure. Decision to pick up on these will be in my late 20's.

my goal is almost same like u, to hav my passive income over 80% of my total income , i make sure the growth for this region is at least 20%/yr. Being involved in an industry tht offer u chances of meeting more ppl is definitely better than a job tht only allows u to meet same old familiar friendly-maybe faces in office. We can learn from 100ppl's experiences without having to go thru all the hardwork, how nice !

Thanks to ppl who came along n offer me plans and opportunities , without them, i may not be where i m now.

Yup, they are called Blitz. Usually ends in 60 seconds or 180 seconds (3 mins). Very brilliant piece of advice, how you associate Chess with your career plan. Totally agree!
But as for me, I have yet to execute my plan. Am still looking for the right field, Tried MLM but wasn't for me.

there're many ways to play chess.. many moves to experiment/explore.. if the queen gambit doesn't work, there're others to think of. same gameboard, same pieces.. but many approaches..

the rationale is.. there're many approaches into MLM. don't blame the "chess-board" just try a different maneuver. unless, if it's a total conviction that chess is not for you.. then MLM is out of the context..

by the way, i quit competitive chess many many years ago.. it's not my passion, i played it as sort of a sibling rivary thing... not a wise choice on my part.

Do you have any commitment at all? I mean like a family to take care of, or parents to look after. Cause I am following your footsteps indirectly. Well, of course at a smaller scale since i am still a student.

I am on various part-time jobs to earn extra income due to some personal commitment. However, some restrictions do occur when we are trying to earn from different perspective. Mind to ask how do you handle them efficiently?

I do, parents may not want my contribution but i still make it for them, Car, own House , in near future, may be another family house, study loan. is good to hear tht u started in student days, one small step is better than not doing anything, hope it does't affect ur study.

i m not quite sure wat r d restrictions u hav, i hav restriction from parents be frank, urs? doing various is good for learning but not so good for progressing. if u wanto open up more doors for income, focus on one, build it up b4 u move on, 3jobs at a time is the Max ( from my experience ). if wat u r doing now can't give u passive income in future, cut it . if can, build it until it runs by itself or require less monitoring , one example : prepaid card business and trip organiser . find ur way to figure out how and why, i can only can tell u what.

if ur restriction is time, then u need to sit down n decide which parttime of urs is blocking the way n whether time spent worth the effort. example : weekend promoter or cashier , time restricted , low pay, wasted golden time.

above are just my 2cents..... thanks!

This thread should be closed.
It's not a references no more.
It's a war-room i recon.

-End of DotCom-

I think there should be 2 more criteria [age & location]
age, a 20-year-old earning RM4k is an amazing feat while it is normal for a 30-year-old earning that much.
location, places like KL usually pay higher compared to other places.

lets start with the new format..


Age:
Location:
Job Title :
Job Desciption :
Company :
Industry :
Tenure :
Employment Level :
Experience before joining :
Qualification:
Salary :