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..

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

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)

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.

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.

ohh... i thought i saw an F1 visa student..
i wonder which part of new york is that person in.. i do missed that place

---

Added on July 11, 2007, 4:03 pmi doubt that person can save much money with just us$3k++ pay in new york.. federal tax, state tax, sales tax and crazy rentals.. it's zip before you have anything for yourself

This post has been edited by lwb: Jul 11 2007, 04:03 PM

i got a gut feeling that this kid was referring to mlm.. and the selling part is about 'recruiting' actually.. part of an enlarged sleazy scheme to get an easy bang on money.. just like good 'ol ponzi!

oh queens... a dandy borough there.. let me guess. flushing?
i was in long island for 3+ years.. i've got a couple of college mates who were from queens..
say, you don't happen to study in hosfra or cuny, do you?

(i got a feeling that, if my hypothesis is correct.. if you land a 4.0 from nyu or columbia.. you're worth more than 3 grand on the street)

hey.. don't forget to count in the generous housing subsidies your ciggy company dishes out..
my jaw kinda went loopy when i heard it from a friend of mine once who worked in that rothmans roundabout office.

hey folks.. as far as sales are concerned..

don't be quick on the trigger to crucify the books yet..
there're science and art of selling..
what the books can offer you is, in retrospect, the science of selling..
you have to get your hands dirty to earn the art part..

so, the next time you passes by a sales titled/related book.. don't gun it down with that thought.

3 grand = not a ringgit denomination
street = the slang for manhattan financial district

you're in a tough neighbourhood there.. do you pack heat?

... ask first before you shoot.. next time

blind gut feeling.. you know, those like in star wars?

the 3 grand mentioned was not in malaysia context.. (why do you like to read things out of context ah?)

there're lots of peer pressure in sales to make you spend in order to look good(successful)..
superficiality sometimes is the necessary evil in this industry.. for the namesake of grooming..

you may earn more.. but if you're not careful, you may get carried away spending on imagery stuff..

i have this colleague of mine who spends alot on expensive watches.. month in, month out..