and attitude of course.

No, it should not be interpreted this way.
That's why I stated if money is not an issue or problem first. If talking in about money is a problem then situation is a bit complex, still parents generally try hard to support their child by making more money and live frugally. If really can't afford and scholarship is not available as well as others alternative financial source, what can you do about it? It is a cruel world out there. A lot of planned oversea study have been abandoned during 97 financial crisis when ringgit devalued.

But having said so, if a person is capable even without tertiary education, still the person can be successful in the future. As said, it is the capability, attitude (as said by Goldfries) , willing to learn (skill) that will determine one's future.

Even you got top degree but your skills, capability and attitude suck, still company will find out later and departed you.
Not all employers just look purely on cert to hire. Just without cert, one may find a bit difficult at starting point (interview), but after that when starting your work, the cert is not longer that important. By that time, experience is more important than cert already

As said, never try to evaluate the education with money or try to get return from the education spending.

jianee89,

1) What degree that you are studying in??

2) What area do you want to work in?

Not necessary. You can do it locally. In IT area, there are certificate like CCNA, MCSE, Oracle DBA certification. In accounting, there are ACCA, CPA and so on.

<<The only way for me is , save up the money for overseas study for my Masters in International Business at University of Nottingham Malaysia.>>

3) Is that what you want to do?

<<I'm taking external Law degree which is LLB Uni. of London.>>

4) Is that recognizable outside of Malaysia?? Which country can you work with that degree?

cherroy,

<<err, if money is not a problem in the first place, then study or education is something that money can't buy nor can be evaluate by return rate.>>

No, I disagree.

In USA, the difference between a state university and private university for 4 years is at least USD $100K. And, in most cases, you do not make enough money in your life to earn the difference. You need to check the ROI.

Dreamer

Is there a way to check the ROI?

Your returns divided by your initial investment would give you a rough percentage.
So in this case is your annual income/cost for study that gave you an annual percentage ROI.
After that, see how long does it take to make back your initial investment i.e. 100% return and how long more to go before you start profiting.

This post has been edited by b00n: Oct 15 2007, 09:07 PM

arthurlwf,

There is a simple way. If the graduate from University A and B earn the same amount of money in salary, why pay SIGNIFICANT more for the undergraduate degree?

Dreamer

Looks like there is no real good reason to get a good and reputable MBA after all...

1)University of London External Law degree (LLB)

2)Legal field (Conveyancing + Business litigation) , I want to be a lawyer.

3)Yes. After my degree , I have to go for my CLP (Certificate in legal practice) to become a lawyer. The passing rate is very low due to political reasons but I'm confident that I will get through it.

4)Yes , it is recognized outside of Malaysia. I can work in all commonwealth countries with this degree , even China recognized this degree but one must get through their chinese language legal test (Advantage for me). My dream is have my own international firm , that's why I'm planning to get a Masters in International Business at University of Nottingham Malaysia. I'm doing networking with some China lawyers , they are my mentor now.I posted a topic regarding China economy.You have read it before and replied.

5)Is it advisable for me to work part time and study part time for my degree ? I want to one step ahead from the others. My opinion is , I have 3 years of experience in legal field after I truly graduated with a law degree.I have the negotiate power cos I'm already experienced enough to work in the field unlike others who are truly a fresh graduate. What do you think?

6)Mind telling me how did you get a permanent US resident ? If I wanna do so , what should I do?

This post has been edited by jianee89: Oct 16 2007, 08:50 PM

Regarding MBA, I always believes it's only useful when one has the working experience and guranteed a salary increment after finishing it.
I've seen "fresh" MBA graduates getting the same amount of pay because no working experience. Heck; this is real life scenarios and the only advantage is they got a higher hand in getting hired, that's all.

Thus I always advise ppl who's pursuing MBA to start working first before thinking of getting one. Even better if it's company paid.

I used to be ambitious thinking of getting a MBA before. But seeing many failures made me rethought this decision.
Failure I meant is not about failing the course, but most of the time failure to complete the course because of work commitments.
And now after 5 years of working, I don't see the value of MBA. But if it's company paid and a guarantee pay raise, I might start reconsidering this option.

I guess this advice should go to the "Education Thread".

---

Added on October 15, 2007, 10:27 pmThat's the toughest part like I mentioned in my previous post. But if you're able to do it and excel; you would have a brighter future and upper hand thus the "negotiating power" like you mentioned.
Anyway, it's your choice.
But with choices, overall it still depends on your determination.
So good luck!


This post has been edited by b00n: Oct 15 2007, 10:27 PM

- Edited -

This post has been edited by Dean.: Aug 3 2011, 02:03 PM

jianee89,

5) How smart are you?? Can you handle the work load??

6) Too late for you. Your law degree is useless and not recognized in USA. Most people get their degree in USA and hopefully get a job after graduation. Then, apply for PR via the job. If that was your goal, you should

A) Get your degree in USA (4 years or twinning program)

B) Get a degree that is useful in USA. Your law degree is useless in USA.

Dreamer

---

Added on October 16, 2007, 9:30 pmDean.,

1) I do not know the price and the restriction in Johor.

2) But, if I have that kind of money, I will not buy retail lot.

In Klang Valley, the situation about Shopping Mall is "Winner Takes ALL". There are ONLY ONE shopping mall that is successful and the rest died. And, they rotates. At this moment, I think Mid-Valley is doing very well. But, others is not doing so well.

It may be the same in Johor.

Dreamer

This post has been edited by dreamer101: Oct 16 2007, 09:30 PM

Wow, impressive. I give you that. If you are good, you should take scholarship to continue your studies.

oh wait.. this is dreamer101's view on personal finance not education. =P

Truly agree with you. My mandarin sucks big time. I don't know whether I will use mandarin as a form of comuncation in the future but at least I add a skill.

A very good thread by dreamer, been reading from page 1 till here and sure widened my knowledges.

This post has been edited by sykz: Oct 16 2007, 10:58 PM

dreamer101,

i would like to know whether it is advisable to buy genting stocks or resorts stocks. i am interested to buy PBB as well. currently waiting for a recession, hopefully this year. is there any other worth-buying stocks that you would recommend?

thank you.

If I have an account in https://us.etrade.com/ can I use that to buy the index funds?

Polaris,

1) Maybe.

2) But, you could buy ETF which is the stock version of index fund. That is EVEN better. The expense is lower and you can buy and sell at any time. Just like stock. Check out VTI and VEU.

Dreamer

This post has been edited by dreamer101: Mar 21 2008, 08:38 PM

etrade also have counterparts in hk,sg. Another one i heard of is FirstTrade.

Dreamer,

I have a fren who introduced me on the CPO. and the return is around 8% per week equals to 32% per months.

What do you think about investing in CPO since we are the largest exporter of crude palm oil.

IcedMilo,

1) This is NOT investing. It is GAMBLING.

2) You do KNOW that the reason why the return is so high is because leverage and the risk level is VERY HIGH.

In Stock, if you do not play margin, you put in $1 and the most that you will lose is $1. In commodity trading the leverage is 20X to 30X. So, if you put in $1, you could lose $20 to $30 or even more. One WRONG trade, you go bankrupt.

Ditto for FOREX trading.

99+% in commodity trading lose BIG MONEY. Are you LUCKY or SMART than the other 99 people all the time?

Dreamer

Dreamer,

May I know what is your historical (say over the last 5-10 years) pa return for your various classes of investment vehicles, starting from the highest risks instrument to the least risk type.

It would be good to know to set the expectations for others..

Thank you.