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 Average people are not rich!, Pick the RIGHT career / business

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dafreak
post Aug 31 2011, 08:30 PM

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perhaps to dreamer >40 yo, it is too late.

IMO, age shouldnt be a limit, if you want to do it you can do it regardless of your age

so, just let this 'age' argument go...

________________________________________________

currently doing my final year in chemical engineering with half a year to go before I enter the working world, interesting thread with useful points especially from dreamer, kasey, debbie.

I totally agree that ones mindset is important, how do you tell whether one is average or not I've no idea unsure.gif
dafreak
post Sep 2 2011, 08:41 PM

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can we get back on topic? unsure.gif
dafreak
post Sep 2 2011, 10:54 PM

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QUOTE(dreamer101 @ Sep 2 2011, 10:11 PM)
dafreak,

MY POINT which somebody keep on diverting away from is this.

If a person is FACED with an environment that WILL NOT utlized his / her capability,

A) It is UP to the person to find out and realize that this is what he faced with.

B) Figured out whether it is WORTHWHILE for the person to wait this out.

C) Or, take a risk and move to somewhere else.
Whining about WHY the world / environment will not change for him is USELESS.

If the person CHOOSE to stay in that environment, do not WHINE if some other people that move away is successful.

The UNFORTUNATE part of this is YOU as an individual has to figure this out whether this ENVIRONMENT is fixable.  YOU are bearing the RISK of this decision.

In many ways, this is SIMILAR in dating and investing in any long term relationship.

A person NEEDS to put a limit on how long that him / her is willing to stay in a unrewarding environment / situation.  Or else, it will be TOO LATE.  A person has LIMITED lifespan and energy to be wasted...

Dreamer
so the main point is how you use/utilise what you have/around you, not ask/wish for what's not there?

if you are able to do that = above average?

im sure not all 'average' people whines, they just wont step out of their comfort zone << so are those "average"

p/s: as pointed out, respect is a two way street and let's get back on topic tongue.gif

This post has been edited by dafreak: Sep 2 2011, 10:55 PM
dafreak
post Sep 3 2011, 05:31 PM

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QUOTE(3dassets @ Sep 3 2011, 10:27 AM)
People first whine after a few years of working because they still cling to the student mentality, thinking efforts will be appreciated and up a notch when experience increases. Also company politic, those are the first lessons and a rude awakening to the term REALITY is cruel.

They will hop to another company hoping to start over or afraid starting over and wasted all the previous efforts, which ever the case when they reached 30 and life issues caught up; car near end of installment, need money to get marry, downpayment for a house... How much time can be spent on self improvement along with those issues? Old fella went through it in a different era and forgot how it felt like, those who managed well or lucky enough are relieved but not so for those who failed and still in misery. You won't see those here because they couldn't or don't F care.

So, you ended up hearing one sided story and I am the type who got stuck in the middle, hence midlife crisis loh  tongue.gif  Who do you think dare to challenge the RICH? Not the failure but a nobody until somebody, I was so ashamed to have failed after putting in so much efforts and determine to find out why, what and how I failed but no, I did not fail. It is the people who I dealt with failed me, I have never failed to make progress and improvement and that is why I last so long living like a failure.

What kept me going is because I did not fail to upgrade knowing it is the only way to break the norm, reality is a condition set by more selfish business / rich man than the noble. They dictate the market and set low wage value because business is all about money, as long as one can survive, its good enough to find ways but in the expense of time and that means years because an hour or two a day isn't much depends on the goal / field. After which, you need to test out the idea or get feed back from industry player and if you choose to show it to your immediate superior, you either asking for trouble or a promotion.

Think how will you feel if you are those hardcore stubborn seniors who have no where to go and what they will do to make sure you don't excel, this is unavoidable because human factor is the major obstacle everywhere and making deals is not technical but often based on relationship, so how to introduce yourself to people you don't know is an art of communication along with your worthiness and the plan / work you have put in that matters to small or big establishment.
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agree to this

although I have yet to enter the working world, this kind of people will just cause more problems..

I agree to this because a part-time lecturer (aka engineer cum businessman) basically openly told us that he did realise that the inflation rate in the country is not as what is reported but still give increments based on the reported inflation value...when I heard this I was like doh.gif shocking.gif
dafreak
post Sep 3 2011, 06:22 PM

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QUOTE(wodenus @ Sep 3 2011, 06:09 PM)
So what value do you want them to set it at? what really is your salary and how do you justify it?


Added on September 3, 2011, 6:16 pm

You'll find out that the people who say that haven't stayed for a long time in any other country smile.gif
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i guess you didnt get my point

the rich is getting richer at the expense of the middle/low income groups

p/s: I am not working yet rolleyes.gif
dafreak
post Sep 3 2011, 07:29 PM

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QUOTE(wodenus @ Sep 3 2011, 06:27 PM)
So what else is new? smile.gif
You can still answer it.. smile.gif
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i'll try to answer tongue.gif

i know it's not new, perhaps it's just my frustration as they know the problem, yet they continue to support it

i should not place a blame at him but the gov's flawed (intentional/unintentional) methodology of measuring inflation

QUOTE(dreamer101 @ Sep 3 2011, 06:48 PM)
mieza,

Yes, he is NOT easily replaceable. Nobody else could had done more damage to Malaysia than he did.  You will have a life time trying to fix what he had done...  Then, you could continue to praise him.

Dreamer
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no doubt he did damage Malaysia, but he did bring developments as well

you are having a negative bias here smile.gif

QUOTE(3dassets @ Sep 3 2011, 07:07 PM)
Rich people can get richer by means of turning small business into corporation and create job opportunities but when they suppress wage to set market value for a prolonged period of time, the effect is the poor become poorer because it don't equate to cost of living to a point that they resorted on foreign cheap labor.
I make 2k to 3k 20 years ago and still making the same today, until not enough work for artist because old publication can still sell, won't expand to global afraid of the cost and competition, even if one of them dare to venture out, they still pay cheap salary otherwise cannot get richer, hence no point for the extra effort. Since no such job available, this country lag behind, the MSC tried to promote local 3D animation but they want to fly before they can walk.

The chain effect caused low wage and low purchasing scenario, although we hear growth index every year but worthless to us, just to keep us spending than cause panic or no confident that will drain away money. Spread rumor will put you in jail but false hope can keep a country together.  brows.gif

All the vacancy ad says due to fast growing and expansion but when you ask for increment, they say company not making profit and when you left, they put the same ad again. If you track online jobs, you will notice some familiar companies and some are fake, how do I know? Begin you tracking and you will see the patterns.
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well said smile.gif


@wise ones here tongue.gif
do enlighten me of what/how should I prepare myself before stepping into the cruel working world based on the main topic notworthy.gif
dafreak
post Sep 3 2011, 11:35 PM

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QUOTE(dreamer101 @ Sep 3 2011, 09:13 PM)
Folks,

Story:

I have PTPTN loan, car loan, and housing loan.  Most of my monthly income went into the loan payment.  I am slave to the bank.  Most of my earning went to the bank.
Reaction of "Can Whine" people

That sounds like me.  I cannot do ANYTHING about this.  This is so UNFAIR.  They should do something to the bank.
Reaction of "Can Do" people.

Level 1 Thinking

I should not do THE SAME as people in this story.  Then, I do not need to suffer.

A) Look like it is NOT a good idea to have all 3 loans at the same time.

B) Make sure that most of my monthly income do not go into loan payment.  Study what is the safe margin in term of monthly payment.

Level 2 Thinking

How can I PROFIT from this average aka typical people behavior??  Bank must be making a lot of money.  Which bank counter should I buy in order to make the most money??
"Can Whine" people are SLAVE to the bank.  They pay the bank.

"Can Do" people OWN the bank.  Bank pay them.

So, over the long run, which kind of people will become poorer?? Which kind of people will become richer??

It is the MENTALITY!!

Dreamer
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This just shows POOR financial planning

"Level 2 thinking" as you call it, is just too absurd/farfetched/impractical

OWN the bank? If everyone were to be able to have this thinking imagine how many Tom d*** & Harry OWNs a bank? shakehead.gif

QUOTE(dreamer101 @ Sep 3 2011, 11:06 PM)
3dassets,

Bingo!! In summary, you asked "What if" because you are NOT from POOR STARVING family. 

Dreamer
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i dont see why you have to attack 3dassets personally. IMO those questions are valid regardless whether he went through them before or not
dafreak
post Sep 4 2011, 01:35 AM

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QUOTE(dreamer101 @ Sep 4 2011, 01:26 AM)
3dassets,

The WORLD / ENVIRONMENT will not change for YOU.  YOU have to ADAPT and SURVIVE.  Or, change your environment.

I had 10+ jobs across 20+ years.  I changed country, industry, and employer as needed in order to MAXIMIZE my earning potential.

Do not HOPE and PRAY that things will be better.  Take the INITIATIVE to make it better.

I make sure that my contacts, social network, and skill are PORTABLE globally.

I no longer dependent on any single country and industry for my survival.

Dreamer
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seriously you expect seasoned/experienced people like 3dassets, tigerr (just judging from their comments) to believe this?

you keep REPEATING the same story of you changing >10jobs blah blah, but yet you fail to state what kind of jobs/industry/duration for each job

it's just too VAGUE

please, if you dont mind, we love some MORE details not in general notworthy.gif
dafreak
post Sep 4 2011, 10:37 AM

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QUOTE(dreamer101 @ Sep 4 2011, 03:54 AM)
dafreak,

YOU did not answer the question.

Is it ABSURD and FAR FETCHED that a person own the bank??

Yes or no??

If not, WHY do you NOT think of that??

WHAT is STOPPING you??

Dreamer
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Defination of OWN:

MerriamWebster: belonging to oneself or itself —usually used following a possessive case or possessive adjective
Investorwords.com: Having legal right to a property.

so how does buying a small amount company's shares/stock make you OWN it?

Like Kasey said, you will be just treated as part of it but you definitely DONT own the bank unless you bought a HUGE chunk

To make money work for you, you first need to work for money
dafreak
post Sep 4 2011, 12:02 PM

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QUOTE(MrFarmer @ Sep 4 2011, 11:18 AM)
So Dreamer101, long story short, care to share with us which bank to go for?  notworthy.gif  Thank you in advance.
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like he will share it to you or anyone, he will ask you to go do your own research/study

until now his personal "stories" are so general, open thread and ask people to dig up his old posts of >10k to find his stories
dafreak
post Sep 4 2011, 08:16 PM

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QUOTE(dreamer101 @ Sep 4 2011, 07:15 PM)
dafreak,

You are getting VERY CLOSE to my ignored list.  And, you are BLIND!!!

What bank stock did I used as an example??

And, a simple search on the finance forum will had shown which bank stock that I picked and why.

Change your MENTALITY or you will suffer because of IT for the rest of your life.

WHY people must spoon feed you everything??

MrFarmer,

I had told you..  But, you will have to search and find out my reason for buying.

You cannot buy my confidence on this counter.  You have to do your own thinking to see whether it makes sense.

Dreamer
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I dont see WHY you need to go as far as to INSULT me and others

Have I insulted you in any way? If yes, I'm really sorry for being blunt as I'm only stating the facts

Are you LIKE this in real life? if yes tell me HOW does this kind of attitude of yours get you to become "RICH"?

What's the purpose of you opening this thread anyway? to show off how "rich" you are? To force your teachings onto people? or to guide/advice people like me who have yet to enter the working environment or those who want to improve themselves?

It's not like I'm asking you to spoonfeed nor do I owe you anything plus you DO NOT listen/respect to other people's opinions shooting them down saying that they are WRONG and you and only you are RIGHT

 

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