Buy Gold Bullion

If I have the money, I will surely buy gold bullion as a form of investment to hedge against inflation which is at about 4% per year. Keeping money in the Fixed Deposits is not enough to counter inflation since the rate is only a meager 2.5%. Using the rule of 72, your money will decrease to half in 18 years using 4% rate by dividing 72 to 4. So, $1 million saved now will become $500,000 in 18 years time assuming the inflation rate is 4%. Hence buying gold and property at the right place and time will offset this reduction caused by inflation. You might also want to consider keeping blue chip stocks that pays good dividends every time consistently.

Not Everyone is Employable

I have seen with my own eyes many people keep job hopping and are not confirmed in their jobs. Hence, not everyone is employable. Some of these people may have team work problems or cannot get along with their superiors. These people range from sales supervisors to lawyers and engineers or just about any other professions. When you are no longer employable, you cannot maintain your job and therefore cannot bring food to the table. You will have to eventually depend on your family or friends to help support you month by month. For the lucky ones, they are employed by their relatives out of sympathy. This way, they are unlikely to be sacked and can continue to earn an income regardless of the amount they get.

Tomorrow is Pay Day

Tomorrow is pay day! Yipee! More money to my savings account and though it may not be much, a little at a time will build up to be a mountain. "Sedikit sedikit, lama lama jadi bukit" - there goes the Malay proverb. Money is a very sensitive issue to most people, even in churches like the one I attend. Instead of preaching more on grace and the goodness of God, they go back to the Old Testament and preach about law, obedience, works, etc. And the senior pastor keep harping on being RM6 million short to build the new church building. They already have RM4 million in their coffers already and the new building cost RM10M. I am just a small fry to make any significant contribution, but I hope some big developers like some of the church members will make up for the needed amount.

Looking Good Feels so Good

Making money to look good feels so good. At least there is a reason to work hard and spend that money to pamper yourself. Beauticians might like to check out cosmetology school in Wisconsin and learn the tricks of the trade on how to serve and service their customers. I once had a colleague who became a beautician as it has been her dream to work as one using cosmetics - than to type out boring valuation reports and to use Microsoft Excel to draw the apartment layout plan. Don't get me wrong, I love to earn my own income and always make it a point to keep some away for my retirement later on.

Just Came Back from KL

I was in KL for 3 days recently and just came back yesterday evening. The journey by car was tiring, sitting for 4+ hours or so. We set out early in the morning and was suppose to meet up a potential client but that was cancelled at the last minute as he was busy campaigning in Hulu Selangor in the by election. In the past, I have spent a lot of money on cosmetic creams, make up, lip stick, etc to look good in Singapore as most of the ladies there are well dressed with make up on. Incidentally, you might like to know that Singapore is the 5th richest nation in the world by GDP and purchasing power parity. I am glad to have the experience of staying and working in Singapore.

Making Money is Not that Important

I am now at a crossroad where making money is not the only goal to live for. I make a comfortable living from home but it gets boring when you cannot travel overseas with good friends to enjoy it. It is like a prison sentence where you continue to work and work for retirement and God only knows what is going to happen by then. There is no definite future and sometimes, I think it is pointless to keep accumnulating cash when you don't take holidays or leave from work to rejuvenate and relax. I know of a new blogger in her sixties trying to make money online by copying others, and then it hits her right smack in the face when she realizes the truth about making in big via the internet. The internet is full of cheats, people who have failed in life and tricksters trying to phish for your email accounts or bank account details.

Make Money through Investment

With the economic slowdown last year, many people have been out of jobs and are desperately seeking to make money through other ways. One of them is to invest in the different money instruments like government bonds, fixed deposits or even to buy gold bars via different companies. A lot of people who cannot maintain or hold on to their jobs might consider investment as a way to make money. I personally know of my ex-supervisor in a retail shop who keeps job hopping and never gets confirmed in any company she works for because she has a habit of coming to work later, sometimes up to 1 hour consistently. Such a person does not deserve employment and any company that hires her will have to close down soon. She is just too darn lazy with a bad working attitude giving lame excuses of tyre puncture all the time.