Tabung Harapan Malaysia - Why You Should Not Donate

Tabung Harapan Malaysia Is Not Required

1. The Pakatan Harapan government promised to abolish the GST in their PRU14 manifesto.

2. During the campaign period, they were asked how are they going to maintain a healthy fiscal budget without GST. They said that they can do it by retrieving the money wasted and embezzled by previous corrupted officer. Besides, they will also make sure the government run clean and lean, which will reduce wastage and spend money effectively.

3.  Since it has been foreseen and pre-planned, there is no need to form  Tabung Harapan Malaysia (THM). If the government know so surely they can solve the debt dilemma without needing to crowdfunding before the election, then it does not justify the forming of such fund.

Many Other Ways You Can Help Malaysia

4. Have you paid your PTPTN? As of November 2017, PTPTN has RM 6.8 billion due loan outstanding.This alone, is enough to pay off 4.2 billion debt of 1MDB. RM 2.8 billion are form people who has yet to pay a single sen. Brilliant, isn't it ? PTPTN is a federal fund. When you owe federal money, federal has to owe someone else money. So those who are yet to pay your PTPTN, know what to do? Instead of donating, pay your debt first!

5. Malaysian must stop freaking duit kopi culture. If you talk on the phone while driving and pulled over by officer, be a patriotic citizen and take the summon ticket. If you still owe your saman, pay it!

6. If your life is not that hard, do not be muka tembok and claim your BR1M. If you can spend on luxury item like Iphone, Starbucks, Travel... yes , I'm talking about you!

7. Hey tax-saving heroes. Well, you know I know. Many people are smart ass, damn savvy to "optimize" their tax, be it company or personal income tax. Seriously, it is not really that hard to do it. If you are patriotic, just .. pay your tax, and be honest to yourself. That's it. No elaboration.

8. Catch the fatty JL, Fatty Hippo, Shake out the Chicken, and all their cronies. Return people's money to people. PH government has just reduced the number of government officials and created so much unemployment. Give them some jobs, since many of them probably know insider info. 

9. PH government to run real transparent, effective governments and cut down wastage in years to come, that would reduce fiscal deficit.

More Fund, More Temptation 

10. While there are many other ways to solve the debt, forming a government crowdfunding is a shame for a nation, and a confident killer for FDI. PH government is telling investors "I cannot fix this mess as I boasted, I need minta derma from my own people".

11. To be neutral, whether PH government is all that clean, is yet to be proven. Will THM be another 1MDB? We do not have crystal ball. I do not say it will, but you cannot say it will not too.

THM Is Really Not Necessary After All 

12. If Rakyat can do the four points mentioned above, there would be easily over RM 10 billion, or even 20 billions of fund collected by the government (don't be surprise, normal people around us, owe government a lot of money too).

13. There is no shortcut in cleaning a 61 years mess. Donating to THM, and quick-fix the debt issue, is not healthy to the nation. The real revolution is not changing of government. Is the changing of the people's quality and mentality. PH government should not shortcut this revolution by asking for crowdfunding. They need to deliver what they promised. GST is to be abolished, not today but one day, when Malaysia is clean and efficient as a nation, not just the government. 

14. Malaysia is you, me, and him. Not Tun M and his government.

15. Happy New Malaysia.

You Need to Know This Before You Invest In Property

1. Property investment is a long term commitment.

Common Mistake

2. Not all property purchase are good investment. A good property investment make cash for you. You need to minus costs such as :

i) Bank Interests
ii) Maintenance Fees
iii) Quit Rent
iv) Assessment
v) Insurance
vi) Periodical repair
vii) Legal Fees
viii) Agent Fees
ix) Stamp Duties
x) RPGT
xii) Title Transfer Fees

3. Alright. Don't be scared by the long list. Gone are the days when you can flip and make a fortune in property market. People no longer buy a property based on speculated news. Some people call this property market slowdown, I call it re-positioning and consolidation/normalization.

4. If you own a business, it has to give you income from time to time. When the income increase over the year, your business increase in value. This is why shares with higher dividend fetch better price - the same reason why you look for FD with higher interest.

Rule of Thumb

5. If your rental return is lower than the interest you pay to the bank and your ongoing maintenance, it is not a good investment. You could be betting for nearby amenities upgrade, but unless your get insider news, chances is that your seller has factored that in. If you rely on insider news, it's nothing official until it's announced. Your risk is high especially on high leverage investment like buying a property.

6. Running Airbnb is a good idea, but pay close attention to the location you choose and the matrix of the surrounding development. Your neighborhood might not welcome such activities and it might depreciate your property value. Property are bricks and mortars but each community is different. You should view them differently.

7. Do not jump in buying a property just because it is cheap. If the property generally remain cheap even after many years of vacant possession, check out the developer background and the property management issues. If the developer has bad reputation for delivering poor workmanship, your property might not appreciate for years to come.

8. Do not rush in to buy a secondhand property below market value. Hang around and investigate the immediate neighbor and look out for possible nuisance. Do check with property management, make sure there is no serious outstanding issues with the property. Buy a good property at market price is better than buying a problematic property below market price.

9. Buy a property like a property tenant. How much are you willing to pay to rent there? How convenient is this property if you are working nearby? How much can you afford to rent here, if you are working nearby? Ask these killer questions. One day, you need to answer that to your tenant. If your property is not rented out, you are making a bad investment. Now imagine your cash flow is stuck.

10. The above law is exceptional when you have holding power and you are offered a rare property in an island where land is limited, and the economy is improving that you see airport undergoing expansion, roads becoming wider, and more businesses is setting up. Buy and wait patiently for at least 6 to 10 years, then you will be heavily rewarded. Best is when you can find a property like that with a high rental value.

Easy Way Out

11. Do you know nowadays you no longer need to find tenant, collecting rentals, monitor your housekeeping contractors? It's very tiring. Are you aware that you no longer need to worry that your property management ruin your investment? You can invest in a property managed by 5-star hotel chain. Imagine you can sit back and relax, and watch the cash flowing into your bank statement rather than paying mortgage from your pocket and make banks richer. Be an intelligent investor, not a bank feeder.

12. Use that rentals collected to invest in another property like this, and keep the dollar ball rolling.

13. Now you get the idea? If you don't, read from point No.1 again.

Langkawi is the New Property Investment Focus

The Legend is Back

1. Tun Dr Mahathir has won a glorious victory in PRU14 representing Langkawi Parliament.

2. In early 1980s, Langkawi island was an island of farmers and fishermen. in 1987, it was declared to be a duty free island. That was where the Langkawi saga started. Duty free shops started to mushroom and more and more people going to Langkawi. Tourism related businesses started to make a lot of money.

3. In 1991, the first Langkawi International Maritime Aerospace exhibition was held. According to the narration of the local, people had to sleep in airport, because there was simply not enough hotel back then. The once in two year event bring Langkawi under limelight, and it gain track of international attention since then. More and more international event such as La Tour De Langkawi, Supercar Exhibition, yacht exhibition  and triathlon events is held there. Today, the island is full of events all year long. You can check the event calendar here.

Behind the Limelight

4. Over the past 15 year with BN ruling without Tun M, Langkawi fades in the media facing the competition from its peers in Indonesia, Thailand, and Philipines. Even though the number of tourist grew from under 2 million to 3.6million, it's hardly reported in the news nor it was promoted well to the locals.

5. Langkawi faces the stagnation of tourist arrival growth since 2014 due to airport saturation of handling capacity. Currently it can handle 2.5 million arrival per year. The airport is under expansion and the first stage will complete September 2018. By 2020, the airport capacity will be doubled to 5.0 million a year. Kuah Jetty was saturated during peak season too. It's been expanded with new handling capacity of 7mil early this year.

The Next Saga In The Making

6. International luxury hotel chain, such as St. Regis, Ritz Carlton, Danna, Datai are in Langkawi today. St Regis spent RM 400 million to set up a complex with 85 hotel units. Averagely per hotel asset costs RM4.7million. Langkawi is poised to experience a high demand in high spending power tourist in the near future, when the new airport capacity is ready.

7. If you travel to Langkawi frequently, you can notice that there are more China tourist in recent years. The number of China flight is expected to increase. The South East Asia market is very big. Even with Phuket, Bali, Kosamui, Krabi in the competition, the market is still too big to be fully digested. The earth is rich enough to provide every one.

8. In Langkawi 2015-2030 masterplan, it's worth highlighting that the local authority still request for tender for hotel operator. The reason is simple - the hotel is still under supply, and will continue to be under supply. Currently, during peak seasons, even the rumah kampung are also fully occupied. The average occupancy rate for hotel has never go below 60% for the last 10 years.

The Land Rule Is Different Here

9. In Langkawi, you might see a lot of empty land, but you cannot simply develop on those land. Firstly, they need to protect their Geopark heritage. Langkawi has the oldest geopark in the country. The unique land formation is unique to the region. You can see, you cannot touch. More than 90% of the land available in market are Malay Reserve - only can be transacted among Malay Only. The non-Malay reserved land, are leasehold. Freehold land is as rare as gold.

10. To build a hotel, it takes at least 3 years. Imagine with new total tourist capacity of 12million (5mil from airport, 7 mil from Kuah Jetty), there are a lot of room to grow from current 3.6mil limited by airport and jetty saturation.Unfortunately, the land available for new hotel development is only so little, as a result of strict preservation regulation.

11. If you can find a freehold property in Langkawi, buy. Don't think,  because the freehold land is only so little in Langkawi. If you see any property in Pantai Cenang and Pantai Tengah, buy. Don't think, because in years to come, the new tourist capacity will pump hotel demand in the area like steroid. If you can find a property in the same area that can run as hotel and you have the money, don't just buy one. Because every single unit you don't buy, you are missing out a lot of potential income.

Key Takeaways

12. Some people might still think Langkawi as a forgotten island. Stop being a katak bawah tempurung, and start exploring. The sky might look the same as 10 years ago but the world has changed. Langkawi is not the same as 15 years ago; and it will not be the same for the 15 years to come. Do your homework. Visit the island, talk to the local authority. Check out the latest plans. You will change your mind. Happy investing!

You Can Invest Property This Way

1. Most property investors in Malaysia have a traditional concept about property investment.

2. Investing property to them means buy a house, find a tenant, and sell it later at higher price.

3. Many investors are not aware that there are many other types of property investments. In fact, the conventional buy to keep strategy may not be suitable for everyone. It is not for young investors with low holding power.

4. Today in Malaysia, the property market is going through a consolidation. Even in Kuala Lumpur, many property rental cannot cover the ongoing costs - loan interests, maintenance fee, assessment, quit rents, and contingency repair.

5. Not to mention getting tenants is getting harder today, due to increasing property supply. Tenants prefer newer property. They have many newer choices. Older property lost competitiveness to new property.

6. Some owners faces troubles selling their older property above 10 years; especially if the management office did not maintain the common area well. Be honest with yourselves, investing property is not like 10 years ago. People should give up the idea of flipping and making profit over night. At least for now and years to come.

7. Leaseback property is more suitable for current market scenario . The property is leased to a professional operator, to rent to a niche tenant in the area. For example, a hostel operator gets a special contract with college to rent the rooms to students. Hotel operator can rent your units to tourist at tourism hot spot.

8. This investment module will solve the problem mentioned in point 4 ,5 ,and 6.

9. Pick the right operator that add value to your property, so it can fetch a higher rental. A reputable operator will maintain the standard of your common area and facility to cope with their brand standard. If you have a 5-star operator, do expect your property to be 5-star under their management.

10. Property is all about location, location, location. If your property is bundled with hotel operation, pick a famous tourist destination where the tourist arrival is expected to rise. Basic supply-demand theory applies here. More tourist, better return. Pay attention to infrastructure upgrades such as road, airport, and jetty. These are pipelines to bring more tourists.

10. If your property do not generate higher cash flow, do not dream of selling it at higher price in future, even if the property has been touted as in prime development masterplan. If nobody is willing to pay a higher rent to stay there, nobody will pay a higher mortgage to stay here.

11. If you can rent the place with RM3,000/mth, who will pay mortgage of RM 4,000 a month and pay RM 1,000/mth maintenance fee to stay in the same place ? Participate in the future appreciation? If people are not willing to pay a higher rental, who would pay a higher mortgage?

12. If your property can generate higher rental in the future, you can sell it at higher price for sure. If you are willing to pay RM 600k for a RM 36k rental/year , when the rental increase to RM 48k/year, somebody will buy that at RM 800k. This is how property investment should work.

13. If your property rental increases, selling it at higher price is not a problem. If your property rental do not grow, you are trapped.

14. If you want to buy a property with rental yield and rental growth, send your message to this page.

【心】的力量。

【心】的力量。

我们华人传统上说的心，和西方解剖学的心有天渊之别。

对于我们来说，心，时情志的活动。我们并不说：“我脑想”；而说：“我心想”。我们不说：“我脑里觉得不对劲”；我 们说：“我心里觉得不对劲”。

在黄帝内经中，心位君主之官。所谓君主，就是至高无上的统治者。心主宰着其余的五脏六腑。

我们传统概念的心，是一种非常具体功能性的概念。我们的祖宗在解剖学不发达的年代，以宏观看宇宙，微观看人 体，把人体看为一个小宇宙，注重的是功能性的关系和相互的影响，而不拘泥于解剖上的局限，的确是一门大智慧。

那么心有什么神奇的地方呢？为什么古人说要修”心“养性？

哲学家对世界观大致上分成两种观点 :
1) 唯物主义 - 长话短说，就是物质决定现实。物质是宇宙的根本。

2）唯心主义- 以心为宇宙存在的根本。以观察者的思维活动为宇宙存在的根基。

在这里我们尚且不争辩到底是物质衬托着现实呢，还是心灵精神活动创造了现实。今天不管唯物主义还是唯心主义 ，都比能否定一个事实——一个人掌控了自己的心，就掌控了他生命的主导权，成为自己现实的创造者。即使一个 人的心不能把物质的本质改变，但是通过操控心对世界万象的诠释，能为观察者带来比一样的定义，进而引向不同 的决定和行动，以至于影响观察者一生的命运。

打个比方，一个人心里面已经认定自己一生应当平凡的过日子，那么他一生的日子也肯定少有波折。一个人心里面 认为自己是当世界首富的料，他一生大起大落，也是必然的。因为心在哪里，专注力就在那里。前者下班后，会专 注着回家的路，和他面子书上最新的动态。后者下班后可能专注着寻找能够赚钱的机会。两个人去同一个油站加油 ，加同一个价格的油，前者心里面可能是“油又涨价了，好无奈！”， 后者心里则是：“是时候买一买着家油站公司的 股票了！”同样的物质，同样的事件，却引导两个人走向不同的命运。

【心】这门东西，不好控制。如果人们不能控制心，那么人们只能被其所制。贪心、伤心、妒忌心、疑心、憎恨心 、狭窄的心、这些心都是以无形的绳索将人紧紧地捆绑辖制着。

很多人尝试了很多方法，甚至通过苦行，希望能够寻找到自己的心。

有些人，求神拜佛，乞求能够安自己的心。

那么，心在哪里找？心要如何安？

大道至简，愈简愈难。

有没有人尝试过翻遍了整个家来寻找他的眼镜，然后越是找不到，越是急躁，先是无助，然后沮丧，然后坐了下来 ，想想放弃了，对着镜子一看，原来眼睛在自己的鼻梁上？很多人找心也是如此。你越找它，就越难找到它。你不 找费神它的时候，它就明明地在你眼前。原来，【心】不是靠找来的，是靠体会而出现的。
生命的意义在哪里？

人们都在问生命的意义在哪里，都认为人活着，就一定要有意思。

这是人类有史以来最大的矛盾。

这是命定论。命定论是一种假设。它假设了人类以外，还有一种力量以有意识的形式来取决着每一个人未来的方向 和遭遇。这种力量被如何称呼并不重要。重要的是，人们在接受这种假设的前提下，应当自觉的意识到未来既然已 经有股强大的力量掌控着，并不可改变。既然无法改变，那么顺也好逆也好，就当着是体验一个超真实的电影，以 一个观察者的态度去过一生。在这种情况下，问自己生命的意义在哪里，是没有意义的。因为你只是你人生的观众 ，导演是掌控命运的那位，那你生命的意义，也在那位手中。

那么如果跳出命定论假设的框架，那么你的命运是由此时此刻的你来决定。你在当下认为你生命的意义在哪里，那 你生命的意义就在哪里。在这种情况下，问自己生命的意义在哪里，也是毫无意义的。因为你应该做的，是为自己 设下一个生命的意义。因为你的命运不在别人手中，只在你手中。

那么“生命的意义在哪里”，本身就是人们思维上的一个BUG。

如果你此时觉得做人毫无意义，那么你就得为自己设下人生的意义。去尝试新的事物，你很快就会找回对生命的 热诚，新的目标。对着目标坚持，那就是你生命的意义！我们活着，是因为爱和热诚！心如果冷了，那是死的心。 唯有火热，才是真正的活着！