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 Is the bubble finally bursting? 2014, V2

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Rabel
post Feb 9 2014, 11:53 AM

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QUOTE(bearbearwong @ Feb 9 2014, 11:43 AM)
Better still.. 20 years down d road still dun have 1 m.. to be honest.. unless I do business working working will never be able to save 1 million... after 20 years... if earn can 3  milliob pun boleh... most used up.. no need eat.. no car.. no martiage meh.. no children mehh.. dan barang naik lehhh
*
Working working then make 3 mil in 2034. Good, at least u admit u need to die die working only can make 3 mil after 20 yrs. Blood Sweat money.
3 mil in 2034 hmm.gif hmm.gif hmm.gif
Rabel
post Feb 9 2014, 11:59 AM

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QUOTE(bearbearwong @ Feb 9 2014, 11:43 AM)
Better still.. 20 years down d road still dun have 1 m.. to be honest.. unless I do business working working will never be able to save 1 million... after 20 years... if earn can 3  milliob pun boleh... most used up.. no need eat.. no car.. no martiage meh.. no children mehh.. dan barang naik5 lehhh

20 years oso cant u guys still partying outskirt to go 750k upon Vp and 1 million mark by 2015... who buying oh??? Or renting ohhh..

u yourself admitted given dat amount of time still cant get 1 m cash... how... ok mayymy sakary low.. but guess wat.. at least 60 to 70 % of msia population are like this are lower than me or same or little higher.. where is ur market?
*
Of coz they won't target u lar.
U think all ppl like u only know die die working to make money meh. If u tell me u Wat to earn first 3 mil within 5 yrs ( if ur age between 25-30) I will say very good. Keep going.
3 mil in 20 yrs. alamak. Pls lar.

This post has been edited by Rabel: Feb 9 2014, 12:01 PM
bearbearwong
post Feb 9 2014, 12:01 PM

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QUOTE(Rabel @ Feb 9 2014, 11:53 AM)
Working working then make 3 mil in 2034. Good, at least u admit u need to die die working only can make 3 mil after 20 yrs. Blood Sweat money.
3 mil in 2034  hmm.gif  hmm.gif  hmm.gif
*
if you carefully look around... really no jobs even professional get to save 1 million more cash in 20 years time.. see you own father got mou... i not belittling just example...

i can earn 3 million just work (without venturing to other business) but along 20 years much was spent.. childrens 3 or 4 to come.. cars my self and those etc.. un know lahh... and even i got 1 million i can only own it by cash buy 1 prop.. my KSWP are my retirement money ,coffin money, fengsui money..

are you telling my because working is really cant get 1 million dat y u go flipping business.. wahhh... go also can.. but appetite so big.. one shot profit 300k.. 20 years also cant make a million.. u one shot 2 years upon VP sapu 300k.. so big appetite.. you young generations always thinking fast money one.. hit jackpot then no need work.. haizzz these kind of culture..

Rabel
post Feb 9 2014, 12:13 PM

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QUOTE(bearbearwong @ Feb 9 2014, 12:01 PM)
if you carefully look around... really no jobs even professional get to save 1 million more cash in 20 years time.. see you own father got mou... i not belittling just example...

i can earn 3 million just work (without venturing to other business) but along 20 years much was spent.. childrens 3 or 4 to come.. cars my self and those etc.. un know lahh... and even i got 1 million i can only own it by cash buy 1  prop.. my KSWP are my retirement money ,coffin money, fengsui money..

are you telling my because working is really cant get 1 million dat y u go flipping business.. wahhh... go also can.. but appetite so big.. one shot profit 300k.. 20 years also cant make a million.. u one shot 2 years upon VP sapu 300k.. so big appetite.. you young generations always thinking fast money one.. hit jackpot then no need work.. haizzz these kind of culture..
*
Who ask u only depend on working to earn money? U know oso value of ringgit is smaller n smaller. To be frank, Wat is 1 mil in the market right now. Makan gaji can earn 1 mil.. Blood sweat money lar.

if u Wat to retire earlier, pls be smart n aggressive especially ur thinking.

Again, if u got mind set u Wat to retire ard 40 or after 40 working oso for passing time. I will tell ur thinking very good n positive. Pls continue n figure out how to achieve ur life target.( not only property. Others else can help to Achieve life target. Just go ahead).

But at tis moment, based on ur reaction n thinking. I dun think so u can make it.
bearbearwong
post Feb 9 2014, 12:14 PM

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QUOTE(Rabel @ Feb 9 2014, 11:59 AM)
Of coz they won't target u lar.
U think all ppl like u only know die die working to make money meh. If u tell me u Wat to earn first 3 mil within 5 yrs ( if ur age between 25-30)  I will say very good. Keep going.
3 mil in 20 yrs. alamak. Pls lar.
*
By flipping... political link.. bribe... business like macdonalds.. blue chips (must buy more)... investment shares .. equity... or even MNC or O&G top management..artist.. internatinal.. I dun see anymore
bearbearwong
post Feb 9 2014, 12:23 PM

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QUOTE(Rabel @ Feb 9 2014, 12:13 PM)
Who ask u only depend on working to earn money? U know oso value of ringgit is smaller n smaller. To be frank, Wat is 1 mil in the market right now. Makan gaji can earn 1 mil.. Blood sweat money lar.

if u Wat to retire earlier, pls be smart n aggressive especially ur thinking.

Again, if u got mind set u Wat to retire ard 40 or after 40 working oso for passing time. I will tell ur thinking very good n positive. Pls continue n figure out how to achieve ur life target.( not only property. Others else can help to Achieve life target. Just go ahead).

But at tis moment, based on ur reaction n thinking. I dun think so u can make it.
*
Everyting is controlled in capatilist world.. they see your business good they take.. ficticious example.. like oldtown selling cheap affordable.. suddenly... times square tapao old town and rebrand it..

bird nest was lucrative coz direct selling to china.. now state and federal government limiting liao.. many shop house cant rase liao.. no permit liao..

same goes to prop... In these kind of climate.. developers are big taikor.. government big shark.. they earn their profit and scot free.. we leh... u got house (but charged to bank so many debts)..me lehh waiting u guys die... then sapu.. haizz..

just like MLM multi level marketing... like AMWAY sure got ppl sucessful one.. but those many failed never mention... overall got 1 sucess.. many failed down there.. just mere carrying dreams that will nevet come..like wise when one graduated as a proffesional like doctor.. dreams are high open clinic and etc.. last last see got ability expertisr also cant buka...coz all relationship and big giants crash u till die... like assunta.. glen eagkes intan.. pantai with outlets all over msia... british columbua.. and many many more...
ManutdGiggs
post Feb 9 2014, 12:27 PM

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QUOTE(bearbearwong @ Feb 9 2014, 11:49 AM)
Just a guy who reads a lot.. age below 40 guess lor.. u want me to pm you.. or not land search..
*
It's ok bro. I hav a team of lawyer, secretary and agent to do tat for me. I dun wish to look at ur pnc. If I look at it n if athg happen to u tomolo then I might b liable to tat. tongue.gif
bearbearwong
post Feb 9 2014, 12:31 PM

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QUOTE(ManutdGiggs @ Feb 9 2014, 12:27 PM)
It's ok bro. I hav a team of lawyer, secretary and agent to do tat for me. I dun wish to look at ur pnc. If I look at it n if athg happen to u tomolo then I might b liable to tat.  tongue.gif
*
Ok lor... later susilawati..hehe.. that aside u guys earn so much di.. leaving this market like dis.. u desyroying the younger generation
ManutdGiggs
post Feb 9 2014, 12:32 PM

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QUOTE(bearbearwong @ Feb 9 2014, 11:22 AM)
U guys... there are flaws to the above statement and u guys cant see.. see like this ppl gauge ur knowledge liao... still cant see
*
So long le. Dun wanna read la. Dunno bout others but definitely not me to read tat. shakehead.gif
Rabel
post Feb 9 2014, 12:36 PM

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QUOTE(bearbearwong @ Feb 9 2014, 12:14 PM)
By flipping... political link.. bribe... business like macdonalds.. blue chips (must buy more)... investment shares .. equity... or even MNC or O&G top management..artist.. internatinal.. I dun see anymore
*
The problem have u earned " first tong of gold " oredy? U know the first " Tong " is more difficult to earn but without tis u won't be rich n retire earlier.

Talk again flipper, I still think they r good, at least they know how to figure out to make more money. Right? Become richer or the other way rd is upon to them n depend on their prediction n strategy.

U?? Tis one can not, that one can not. At the end, all can not lar till the flipper ( of coz not 100% flippers) oredy retire earlier. U??.. Still die die working to earn money. U think 3 mil in 2034 very big?. Apa lar Lu . U know if u got 3 mil ringgit now oso not consider is rich. Not even richer.

U know got how much cash flow on hand NOW only can consider so so rich?(tis is info I refer to one of the biz report but I can not remember the report name)


sampool
post Feb 9 2014, 12:44 PM

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QUOTE(Rabel @ Feb 9 2014, 01:36 PM)
The problem have u earned " first tong of gold " oredy? U know the first " Tong " is more difficult to earn but without tis u won't be rich n retire earlier.

Talk again flipper, I still think they r good, at least they know how to figure out to make more money. Right? Become richer or the other way rd is upon to them n depend on their prediction n strategy.

U?? Tis one can not, that one can not. At the end, all can not lar till the flipper ( of coz not 100% flippers) oredy retire earlier. U??.. Still die die working to earn money. U think 3 mil in 2034 very big?. Apa lar Lu . U know if u got 3 mil ringgit now oso not consider is rich. Not even richer.

U know got how much cash flow on hand NOW only can consider so so rich?(tis is info I refer to one of the biz report but I can not remember the report name)
*
why must wait 2034??? not 2020 geh?
ManutdGiggs
post Feb 9 2014, 12:49 PM

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QUOTE(bearbearwong @ Feb 9 2014, 12:31 PM)
Ok lor... later susilawati..hehe.. that aside u guys earn so much di.. leaving this market like dis.. u desyroying the younger generation
*
Boss I spent 21 yrs since buying 1st prop. U decide if u wanna call me lucky. Earn much onot depend on how much one wish to hav. I onli need a simple life. Buying props at young age is bcos I dun wanna face the problem of workers everyday when getting older like now. So I reckon my decision to start investing at the very young age paid off handsomely. biggrin.gif

I hav a vely gd biz stil running n generating vely reasonable margin. But facing 100 workers is not a easy for me. Maybe it is for others but definitely I find it quite hard. If they take turn to b jokers, I ll need a 3 mths to settle 1 cycle of probs. sweat.gif

Whereas props is so diff. I just leave it to my agents and lawyer. Agents to hunt for gd deals n bring in tenants with reasonable rate, make sure rentals r collected on time. Each of them ll take care of the tenants they brought in. And lawyer ll make sure tenants get the nails if they fail to pay me on time. It's not tat scary in props. If u do it the proper way, u r earning while in holiday. The props r generating while u r sleeping. laugh.gif

I dun hav to afraid of the props fall sick like how my workers did all the time. I dun hav to worry bout props gone Mia just like how I worry bout any of my workers go Mia after getting bonus. Props won't be caught by police or immigration officers just like how they disturb my legal foreign workers (boland ma so enforcers bojiao).

In work, I hav to make sure ethg runs smooth in order to get back the credit fr clients. In props, I dun need to beg for payment. Yes bad tenants r there, but leave it to agents and lawyer. They ll file in court to make sure I get the rental. And touch wood, I'm lucky tat my bad experiences r vely min. icon_rolleyes.gif

Hope u get a beta pic y some prefer props even I myself realized the biz is actually generating income quicker than rental increment. But one obvious diff is biz dun bring u appreciation. wink.gif

This post has been edited by ManutdGiggs: Feb 9 2014, 12:57 PM
kevyeoh
post Feb 9 2014, 12:54 PM

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same for me...too long and i saw reserve land etc stop read dee...

QUOTE(ManutdGiggs @ Feb 9 2014, 12:32 PM)
So long le. Dun wanna read la. Dunno bout others but definitely not me to read tat.  shakehead.gif
*
kevyeoh
post Feb 9 2014, 12:55 PM

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rental income...last time can la...my old property i bought still giving good rental income...
but now for new property...the rental yield really really low...

QUOTE(ManutdGiggs @ Feb 9 2014, 12:49 PM)
Boss I spent 21 yrs since buying 1st prop. U decide if u wanna call me lucky. Earn much onot depend on how much one wish to hav. I onli need a simple life. Buying props at young age is bcos I dun wanna face the problem of workers everyday when getting older like now. So I reckon my decision to start investing at the very young age paid off handsomely.  biggrin.gif

I hav a vely gd biz stil running n generating vely reasonable margin. But facing 100 workers is not a easy for me. Maybe it is for others but definitely I find it quite hard. If they take turn to b jokers, I ll need a 3 mths to settle 1 cycle of probs.  sweat.gif

Whereas props is so diff. I just leave it to my agents and lawyer. Agents to hunt for gd deals n bring in tenants with reasonable rate, make sure rentals r collected on time. Each of them ll take care of the tenants they brought in. And lawyer ll make sure tenants get the nails if they fail to pay me on time. It's not tat scary in props. If u do it the proper way, u r earning while in holiday. The props r generating while u r sleeping.  laugh.gif

I dun hav to afraid of the props fall sick like how my workers did all the time. I dun hav to worry bout props gone Mia just like how I worry bout any of my workers go Mia after getting bonus. Props won't be caught by police of immigration officers just like how they disturb my legal foreign workers (boland ma so enforcers bojiao).

In work, I hav to make sure ethg runs smooth in order to get back the credit fr clients. In props, I dun need to beg for payment. Yes bad tenants r there, but leave it to agents and lawyer. They ll file in court to make sure I get the rental. And touch wood, I'm lucky tat my bad experiences r vely min.  icon_rolleyes.gif

Hope u get a beta pic y some prefer props even I myself realized the biz is actually generating income quicker than rental increment. But one obvious diff is biz dun bring u appreciation.  wink.gif
*
ManutdGiggs
post Feb 9 2014, 01:01 PM

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QUOTE(kevyeoh @ Feb 9 2014, 12:55 PM)
rental income...last time can la...my old property i bought still giving good rental income...
but now for new property...the rental yield really really low...
*
My key point(s) here is bout how soon one decide to invest. Regardless in prop, stock, commodity, UT, or etc etc.

The reason older props generating beta roi is bcos the market is moving forward Liao. Props prices adjusted so are the rentals. I blif the 4% roi today (gd to hav 5% / 6%) ll b 10% on cost price or more maybe after 10 or 15 yrs. no need to flip la. Keep til 1 day when the offer is too irresistible lo. drool.gif

This post has been edited by ManutdGiggs: Feb 9 2014, 01:03 PM
Rabel
post Feb 9 2014, 01:05 PM

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QUOTE(sampool @ Feb 9 2014, 12:44 PM)
why must wait 2034??? not 2020 geh?
*
Hihi wawasan 2020

sampool
post Feb 9 2014, 01:09 PM

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QUOTE(Rabel @ Feb 9 2014, 02:05 PM)
Hihi wawasan 2020
*
yes.. high income nation ma... 2 wink.gif 2 wink.gif
bearbearwong
post Feb 9 2014, 04:44 PM

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QUOTE(kevyeoh @ Feb 9 2014, 12:55 PM)
rental income...last time can la...my old property i bought still giving good rental income...
but now for new property...the rental yield really really low...
*
Oh good keep pretending like it never happen.. coz ignorance is bliss right..


bearbearwong
post Feb 9 2014, 04:53 PM

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QUOTE(ManutdGiggs @ Feb 9 2014, 12:49 PM)
Boss I spent 21 yrs since buying 1st prop. U decide if u wanna call me lucky. Earn much onot depend on how much one wish to hav. I onli need a simple life. Buying props at young age is bcos I dun wanna face the problem of workers everyday when getting older like now. So I reckon my decision to start investing at the very young age paid off handsomely.  biggrin.gif

I hav a vely gd biz stil running n generating vely reasonable margin. But facing 100 workers is not a easy for me. Maybe it is for others but definitely I find it quite hard. If they take turn to b jokers, I ll need a 3 mths to settle 1 cycle of probs.  sweat.gif

Whereas props is so diff. I just leave it to my agents and lawyer. Agents to hunt for gd deals n bring in tenants with reasonable rate, make sure rentals r collected on time. Each of them ll take care of the tenants they brought in. And lawyer ll make sure tenants get the nails if they fail to pay me on time. It's not tat scary in props. If u do it the proper way, u r earning while in holiday. The props r generating while u r sleeping.  laugh.gif

I dun hav to afraid of the props fall sick like how my workers did all the time. I dun hav to worry bout props gone Mia just like how I worry bout any of my workers go Mia after getting bonus. Props won't be caught by police or immigration officers just like how they disturb my legal foreign workers (boland ma so enforcers bojiao).

In work, I hav to make sure ethg runs smooth in order to get back the credit fr clients. In props, I dun need to beg for payment. Yes bad tenants r there, but leave it to agents and lawyer. They ll file in court to make sure I get the rental. And touch wood, I'm lucky tat my bad experiences r vely min.  icon_rolleyes.gif

Hope u get a beta pic y some prefer props even I myself realized the biz is actually generating income quicker than rental increment. But one obvious diff is biz dun bring u appreciation.  wink.gif
*
U cant equate your era with now.. hello.. last time salary enough to play game property...

now a days because of flippers.. this game cannot play liao even though banks give out 70 % max loan and 35 years duration..

why u want young generation to follow suit.. last time u buy rental yields good coz entry price low maa... now entry price beyond reach (I m sure kv yeoh will say .. u know how.. ppl joint with auntie uncle play)... u are sending a wrong message into the market...

U look like developers talk talk till sky.. all the hell stuff diam diam.. youngster absorbing your secondary not more than a year di cannot service loan.. what d point..

sumore adding cost to inflated prop.. the agents mark up.. then also sapu 3% and thete you call the new price...all affected into so call selling price dat owner only let go at this price...

suan lahh... the graph of human population goes up.. property price dont.. that d rule..
bearbearwong
post Feb 9 2014, 04:54 PM

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QUOTE(sampool @ Feb 9 2014, 01:09 PM)
yes.. high income nation ma... 2 wink.gif 2 wink.gif
*
Oh by 2020 minimum pay rm3k? Stop lying... like our corrucption kevel is still low..

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