I am impressed with this young chap.

He is young and willing to change and adapt to suit his requirements.

He graduated with engineering degree but opt to do something else to increase his income.

He has decided to go to Singapore to earn higher income.

I won't be surprised if he goes to the moon if he cannot earn enough on Earth. He is doing the right thing for himself to achieve his goal.

There are many ways to solve a problem and you can only learn by starting to try and not complaining.

I don't agree with you.

What happen , if we have 1000 young chap like this in KV?

He is just lucky, 1) start working 2005 to 2012. 2) property up period. 3) high employment rate in KL and Sg 4) low interest rate

He has very bad taste of wealth management. We can find lots like him in genting.

An interesting analysis on our recently reported GDP growth:

http://maddruid.com/?p=11287

Please share more details of his club thread starter

The banks who provided financing to him cannot be wrong.

But I go genting sure lose one

Wah so fast forget?

Lehman brother and the etc established bank provided loan just got wrong and become history already while the thousand like him live with food coupon.

This post has been edited by balakong: Feb 22 2013, 01:16 PM

I really think the banks have learnt their lessons.

I was trying to highlight that this person has a very aggressive attitude and won't stop short of getting what he has aimed for.

ok,

let said one day news report one malaysian jump to Klang river because of fail property investment. Did what he has done.

He is young and willing to change and adapt to suit his requirements. He graduated with engineering degree but opt to do something else to increase his income.
He has decided to go to Singapore to earn higher income. I won't be surprised if he goes to the moon if he cannot earn enough on Earth. He is doing the right thing for himself to achieve his goal.

He killed himself. 99.9% will say he is stupid etc...

Same guy, Different outcome. Different conclusion.

This post has been edited by balakong: Feb 22 2013, 03:32 PM

You give an extreme example. I cannot control what other people including you or the young man are doing. I can only control what I want to understand from the situation.

Let said he fail his investment next year and report in major newspaper.

Will you control and change your understanding? most likely you will.

Again different outcome same guy.

another different situiation. Not like this guy.

If he go it slowly, diversify, not over agressive. Even he fail / not fail. We will have the same conclusion. Why we don't change our understanding in this situation here?

This post has been edited by balakong: Feb 22 2013, 03:49 PM

I think you underestimate this young electronic engineer.

What ever happens I will say nice try.

I believe inaction is our biggest weakness.

Wonder where he gets his money from for all the initial down payment. Dont tell me his loan all 100%. Bank also not stupid to provide mortage to a young fella without any guarantee. Wonder why income tax did not check his background where he get his money from at this young age. So, bottom line is, only those whose parents are filthy rich can dream about this kind of success.

Obviously you have not read faizul ridzuan book. An average chap accumulating massive portfolio. Read his story again, he borrowed to his max thus came to sg to earn bigger currency and at the same time jv w partners. Do you think the partners are so stupid to invest w him if he is so dumb like whst you guys assumed? It is like a private investment fund but just investing with close friends and partners.

We submit income tax and pay tax as we believe the more tax you pay, the higher chance of you getting bigger loan. Shows you are profitable.

I can vouch that his family is not rich. Read the story, dad is in navy, a government servant.

Don't blame your parents for not being rich to give you success you desire but work for your damn own success. No risk no gain. Most ppl regret for things they did not do rather than things they did.

His timing was spot on.. before 2010. We will see for those who try to do the same now.

He is getting investment type of yield for his purchases. With thr current pricing, you will be lucky with 5% yield.

This post has been edited by ibwo: Feb 23 2013, 08:34 AM

Obviously you have not read faizul ridzuan book. An average chap accumulating massive portfolio. Read his story again, he borrowed to his max thus came to sg to earn bigger currency and at the same time jv w partners. Do you think the partners are so stupid to invest w him if he is so dumb like whst you guys assumed? It is like a private investment fund but just investing with close friends and partners.

We submit income tax and pay tax as we believe the more tax you pay, the higher chance of you getting bigger loan. Shows you are profitable.

I can vouch that his family is not rich. Read the story, dad is in navy, a government servant.

Don't blame your parents for not being rich to give you success you desire but work for your damn own success. No risk no gain. Most ppl regret for things they did not do rather than things they did.

Yes they can.

Anybody is capable of making a good investment.
Anybody is capable of making a bad investment.

Walau eh imagine having a girlfriend that can go all out to help you in your property investment
By the look of it this gal is by far more aggressive than the partner

A lot of dumb people in Malaysia.

If compared to this guy, Genneva is an even bigger success story. Managed to songlap RM 1B then run off.