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> Rich kids who call themselves Entepreneur, dedikasi or daddy kasi?

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SUSxeda
post Apr 5 2017, 11:59 PM

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QUOTE(Boy96 @ Apr 5 2017, 11:56 PM)
If 100-500k is considered upper middle then most of us are poverty level already
*
Some people say 10m is not high, so what do you think?

We're all hardcore poor la wei, not poverty level.
killbox
post Apr 5 2017, 11:59 PM

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QUOTE(Boy96 @ Apr 5 2017, 11:56 PM)
If 100-500k is considered upper middle then most of us are poverty level already
*
Well that why there are three bracket of middle income. Mostly of us are lower middle income to middle middle income.
Most upper middle income are either have high position or have small enterprise.
But this knowledge is from 10years ago. tongue.gif
Arvinaaaaa
post Apr 6 2017, 12:00 AM

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QUOTE(silic0sis @ Apr 5 2017, 11:49 PM)
My point is 10mil isn't some crazy number. It won't suddenly make you some crazy rich person buying lambos and bugattis living in a 40k sqft bungalow, especially if you're in your late 50s or 60s. If you are in your 30s and you have 10mil, you probably aren't living some crazy luxurious lifestyle either, everyone I know in their 30s who are worth 10-20mil heavily reinvest their money. If you have 10mil in your 30s, maybe you have a nice used porsche parked along your BMW and your wife's Merc.

If your parents had 10mil, how different do you think your lifestyle would be compared to your lifestyle now?
*
kaw nie terencat akal ke apa? by the age of 30 get 1 mil also big shit dy
SUSAllnGap
post Apr 6 2017, 12:00 AM

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daddykasi ppl usually very delusional, because all the people beside them are kaki bodek, kaki angkat.
he can wear until hermes or what, still look like pasar malam grade because irregardless of how you decorate that piece of shit, it will still be a piece of shit.
Difference is better decorated only

when they realize that material wealth cannot give them satisfaction, then they will crawl to an open public to criticize other daddykasi to satisfy their own subconscious because deep down they know they are nothing without their daddy. .

So they will criticize others in order to cover up this insecurity of themselves.
in all it's all about the insecurity on the subconscious level

This post has been edited by AllnGap: Apr 6 2017, 12:01 AM
SUSxeda
post Apr 6 2017, 12:02 AM

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QUOTE(AllnGap @ Apr 6 2017, 12:00 AM)
daddykasi ppl usually very delusional, because all the people beside them are kaki bodek, kaki angkat.
he can wear until hermes or what, still look like pasar malam grade because irregardless of how you decorate that piece of shit, it will still be a piece of shit.
Difference is better decorated only

when they realize that material wealth cannot give them satisfaction, then they will crawl to an open public to criticize other daddykasi to satisfy their own subconscious because deep down they know they are nothing without their daddy. .

So they will criticize others in order to cover up this insecurity of themselves.
in all it's all about the insecurity on the subconscious level
*
Deep.
killbox
post Apr 6 2017, 12:02 AM

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QUOTE(AllnGap @ Apr 6 2017, 12:00 AM)
daddykasi ppl usually very delusional, because all the people beside them are kaki bodek, kaki angkat.
he can wear until hermes or what, still look like pasar malam grade because irregardless of how you decorate that piece of shit, it will still be a piece of shit.
Difference is better decorated only

when they realize that material wealth cannot give them satisfaction, then they will crawl to an open public to criticize other daddykasi to satisfy their own subconscious because deep down they know they are nothing without their daddy. .

So they will criticize others in order to cover up this insecurity of themselves.
in all it's all about the insecurity on the subconscious level
*
Inception level mindfucuk
Yung_Psyke
post Apr 6 2017, 12:02 AM

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lets not get bogged down with whos richer than who, dah2 pi tidur la, esok kerja..asyik gaduh debate je keje
silic0sis
post Apr 6 2017, 12:02 AM

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QUOTE(xeda @ Apr 5 2017, 11:54 PM)
Since you edited your post, let me reply to this one too.

If my parents had 10mil, me and my sister would be able to quit our job and retire tomorrow.

Seriously. I kid you not. 10mil at a conservative return of 3% per annum is 300k per annum.

That is enough to sustain my entire family (parents, elder sister and me) till we die.
*
That is only assuming you retain your current lifestyle, but if your parents had 10mil, they would be living a more luxurious lifestyle.
Don't be surprised that a 10mil net worth family's monthly expenses are around 20-30k a month, even after excluding house mortgage (likely paid of).

You may find it hard to believe the expenses are that high, but imagine your monthly expenses, people who are earning 1.5k household income find that ridiculously high also.
At 10mil, if your parents retire, they have to be quite conservative with that money, firstly, net worth includes property, and your house is probably at least 2mil if not 3. So you only have 8mil.
8 mil at 3% per annum roughly enough to cover monthly expenses, but you have to factor in inflation, so you need to invest the money to a point where the money still grows at a reasonable rate to hedge inflation while still covering your monthly expenses.

If you and your sister both want to rely on that 10mil as well, and you and your sis have families, and also want to live the same lifestyle, that is 20k a month extra for you and another 20k extra a month for your sis.
So it's not straight forward easy like you assume.

If your parents suddenly win 10mil from lottery today, then that's a different story, but it's not easy to suddenly down grade your lifestyle from a family worth 10mil to the lifestyle of a family worth maybe 1mil.
silic0sis
post Apr 6 2017, 12:04 AM

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QUOTE(killbox @ Apr 5 2017, 11:53 PM)
Lets do some simple math. Let say per annum his parent earn RM10 mil.
Per month his parent will earn around RM833,333.33
*
10mil net worth la bro. If 10mil per annum, that is rich as fuk honestly lol.
SUSnasrulafiq93
post Apr 6 2017, 12:04 AM

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QUOTE(silic0sis @ Apr 6 2017, 12:02 AM)
That is only assuming you retain your current lifestyle, but if your parents had 10mil, they would be living a more luxurious lifestyle.
Don't be surprised that a 10mil net worth family's monthly expenses are around 20-30k a month, even after excluding house mortgage (likely paid of).

You may find it hard to believe the expenses are that high, but imagine your monthly expenses, people who are earning 1.5k household income find that ridiculously high also.
At 10mil, if your parents retire, they have to be quite conservative with that money, firstly, net worth includes property, and your house is probably at least 2mil if not 3. So you only have 8mil.
8 mil at 3% per annum roughly enough to cover monthly expenses, but you have to factor in inflation, so you need to invest the money to a point where the money still grows at a reasonable rate to hedge inflation while still covering your monthly expenses.

If you and your sister both want to rely on that 10mil as well, and you and your sis have families, and also want to live the same lifestyle, that is 20k a month extra for you and another 20k extra a month for your sis.
So it's not straight forward easy like you assume.

If your parents suddenly win 10mil from lottery today, then that's a different story, but it's not easy to suddenly down grade your lifestyle from a family worth 10mil to the lifestyle of a family worth maybe 1mil.
*
Dah2 la dgn statistics putar halim kau tu. In the end, you're just his ultimate cocksucker.
killbox
post Apr 6 2017, 12:06 AM

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QUOTE(silic0sis @ Apr 6 2017, 12:02 AM)
That is only assuming you retain your current lifestyle, but if your parents had 10mil, they would be living a more luxurious lifestyle.
Don't be surprised that a 10mil net worth family's monthly expenses are around 20-30k a month, even after excluding house mortgage (likely paid of).

You may find it hard to believe the expenses are that high, but imagine your monthly expenses, people who are earning 1.5k household income find that ridiculously high also.
At 10mil, if your parents retire, they have to be quite conservative with that money, firstly, net worth includes property, and your house is probably at least 2mil if not 3. So you only have 8mil.
8 mil at 3% per annum roughly enough to cover monthly expenses, but you have to factor in inflation, so you need to invest the money to a point where the money still grows at a reasonable rate to hedge inflation while still covering your monthly expenses.

If you and your sister both want to rely on that 10mil as well, and you and your sis have families, and also want to live the same lifestyle, that is 20k a month extra for you and another 20k extra a month for your sis.
So it's not straight forward easy like you assume.

If your parents suddenly win 10mil from lottery today, then that's a different story, but it's not easy to suddenly down grade your lifestyle from a family worth 10mil to the lifestyle of a family worth maybe 1mil.
*
Are you kidding me? Do you know the difference between having 10mil in the bank and earning 10mil per annum?
Are trying to sell mutual fund or retirement scheme fund actually?
silic0sis
post Apr 6 2017, 12:07 AM

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QUOTE(killbox @ Apr 6 2017, 12:06 AM)
Are you kidding me? Do you know the difference between having 10mil in the bank and earning 10mil per annum?
Are trying to sell mutual fund or retirement scheme fund actually?
*
I'm talking about 10mil net worth, not earning 10mil per annum. Where are you getting the 10mil per annum from? We're talking about net worth here.
10 mil per annum is really rich.

This post has been edited by silic0sis: Apr 6 2017, 12:08 AM
hotjake
post Apr 6 2017, 12:07 AM

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QUOTE(AllnGap @ Apr 6 2017, 12:00 AM)
daddykasi ppl usually very delusional, because all the people beside them are kaki bodek, kaki angkat.
he can wear until hermes or what, still look like pasar malam grade because irregardless of how you decorate that piece of shit, it will still be a piece of shit.
Difference is better decorated only

when they realize that material wealth cannot give them satisfaction, then they will crawl to an open public to criticize other daddykasi to satisfy their own subconscious because deep down they know they are nothing without their daddy. .

So they will criticize others in order to cover up this insecurity of themselves.
in all it's all about the insecurity on the subconscious level
*
Very deep and insightful
SUSAllnGap
post Apr 6 2017, 12:09 AM

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QUOTE(xeda @ Apr 6 2017, 12:02 AM)
Deep.
*
when all your friends are kaki bodek/kaki angkat u dunt know ppl are laughing at your pasar malam look even after spending 20k covering yourself with all expensive brands.
seriously delusional

when ur face look like sohai, but your friends and gf puji you like david beckham because of your cash (or your family's cash), how can you wake up from this bubble of lies ??


This post has been edited by AllnGap: Apr 6 2017, 12:13 AM
killbox
post Apr 6 2017, 12:10 AM

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QUOTE(silic0sis @ Apr 6 2017, 12:04 AM)
10mil net worth la bro. If 10mil per annum, that is rich as fuk honestly lol.
*
Well for that daddy kasi, i think his parents earn more than 10 mil per annum by the way he spending the money. Heck he wasting his time about 10 years in MMU. Do you know how much uni fee cost per sem at MMU?
SUSxeda
post Apr 6 2017, 12:10 AM

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QUOTE(silic0sis @ Apr 6 2017, 12:02 AM)
That is only assuming you retain your current lifestyle, but if your parents had 10mil, they would be living a more luxurious lifestyle.
Don't be surprised that a 10mil net worth family's monthly expenses are around 20-30k a month, even after excluding house mortgage (likely paid of).

You may find it hard to believe the expenses are that high, but imagine your monthly expenses, people who are earning 1.5k household income find that ridiculously high also.
At 10mil, if your parents retire, they have to be quite conservative with that money, firstly, net worth includes property, and your house is probably at least 2mil if not 3. So you only have 8mil.
8 mil at 3% per annum roughly enough to cover monthly expenses, but you have to factor in inflation, so you need to invest the money to a point where the money still grows at a reasonable rate to hedge inflation while still covering your monthly expenses.

If you and your sister both want to rely on that 10mil as well, and you and your sis have families, and also want to live the same lifestyle, that is 20k a month extra for you and another 20k extra a month for your sis.
So it's not straight forward easy like you assume.

If your parents suddenly win 10mil from lottery today, then that's a different story, but it's not easy to suddenly down grade your lifestyle from a family worth 10mil to the lifestyle of a family worth maybe 1mil.
*
Nope. That's where you're wrong.

There are people who's capable of living below the lifestyle that they can afford. And there have been so many cases of people downgrading their lifestyle because they had to. The only thing stopping people from doing so is their ego. You obviously come from a different world and we'll never be able to understand each other.

Let's just agree that we'll never be able to understand each other as we both have different definitions and expectations of wealth.


mod_pls_ban_srs
post Apr 6 2017, 12:11 AM

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QUOTE(silic0sis @ Apr 6 2017, 01:02 AM)
That is only assuming you retain your current lifestyle, but if your parents had 10mil, they would be living a more luxurious lifestyle.
Don't be surprised that a 10mil net worth family's monthly expenses are around 20-30k a month, even after excluding house mortgage (likely paid of).

You may find it hard to believe the expenses are that high, but imagine your monthly expenses, people who are earning 1.5k household income find that ridiculously high also.
At 10mil, if your parents retire, they have to be quite conservative with that money, firstly, net worth includes property, and your house is probably at least 2mil if not 3. So you only have 8mil.
8 mil at 3% per annum roughly enough to cover monthly expenses, but you have to factor in inflation, so you need to invest the money to a point where the money still grows at a reasonable rate to hedge inflation while still covering your monthly expenses.

If you and your sister both want to rely on that 10mil as well, and you and your sis have families, and also want to live the same lifestyle, that is 20k a month extra for you and another 20k extra a month for your sis.
So it's not straight forward easy like you assume.

If your parents suddenly win 10mil from lottery today, then that's a different story, but it's not easy to suddenly down grade your lifestyle from a family worth 10mil to the lifestyle of a family worth maybe 1mil.
*
in the end, we are all the same. we will be buried 7 feets under. these daddy kasi need to stop bragging their awarded wealth.
SUSxeda
post Apr 6 2017, 12:12 AM

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QUOTE(AllnGap @ Apr 6 2017, 12:09 AM)
when all your friends are kaki bodek/kaki angkat u dunt know ppl are laughing at your pasar malam look even after spending 20k covering yourself with all expensive brands.
seriously delusional
*
I wonder how come some people can bodek to that extent wei.

I mean I also got bodek and all la, to be nice but....can't go so far wei.
Blofeld
post Apr 6 2017, 12:13 AM

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QUOTE(killbox @ Apr 6 2017, 12:10 AM)
Well for that daddy kasi, i think his parents earn more than 10 mil per annum by the way he spending the money. Heck he wasting his time about 10 years in MMU. Do you know how much uni fee cost per sem at MMU?
*
what is he studying for 10 yrs at MMU?
killbox
post Apr 6 2017, 12:14 AM

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QUOTE(mod_pls_ban_srs @ Apr 6 2017, 12:11 AM)
in the end, we are all the same. we will be buried 7 feets under.  these daddy kasi need to stop bragging their awarded wealth.
*
Bragging is their prob. It is become my prob when they act holier than thou and saying poor people are lazy when they are fed with silver spoon in their whole life. They never know the hardship to survive day by day.

This post has been edited by killbox: Apr 6 2017, 12:16 AM

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