earn Money with Money

Read this from Alan Tan's facebook, seems very meaningful to me.  So sharing here with you all ...

By Alan Tan

One day, an old man and his assistant arrived at a farming village. The old man gathered all the villagers and told them that he is in the business of buying and selling monkeys and that the reason why he has come to their village is becoz there is a forest next to that village which is infested with lots of monkeys. He told the villagers he would pay $10 for every monkey they bring him.



So some of the villagers started to stop work on their farms to go into the forest to catch monkeys. They brought their monkeys to the old man and true enough, he paid them $10 for every monkey. Words spread and not long after, more and more of the villagers stopped working on their farms to go into the forest to catch monkeys. And they were all paid $10 for every monkey they delivered to the old man.

Becoz more villagers were now monkey hunters, it became more and more difficult to catch monkeys as their numbers started to dwindle. The supply of monkeys started to come down. So the old man gathered all the villagers and told them he would pay $20 for every monkey they bring him. Wow! That sounds great and the villagers started to drum up the beat to look deeper into the forest and higher into the trees to look for more monkeys. And they were paid $20 for every monkey they caught and everyone was happy.

As more and more villagers turned monkey hunters, the monkey population in that forest started to dwindle very significantly and it became increasingly difficult to catch even one monkey a day. As such, the villagers started to return to their farms to work.

Once again, the old man gathered all the villagers and told them that as he is running out of time and he needed more monkeys, he would up the stakes and pay $50 for every monkey delivered to him. He also told the villagers that as he has to leave the village for a few days to attend to some business in town, they can deliver the monkeys to his assistant and his assistant has been instructed to pay $50 for every monkey caught.

The villagers got all excited and went deep into the forest to look for monkeys but by this time, there were no monkeys to be found. The villagers approached the assistant and told him the $50 offer is wonderful but the monkeys were simply not there.

That assistant then said to the villagers......"I know there are very few monkeys left in the forest. But here in my cages, I have thousands of monkeys. Tell you what...why not you buy these monkeys from me at $35 each. Then when the old man comes back, you can sell your monkeys to him for $50 and make $15 each."

Wow! That sounds like a great idea...the villagers thought. So they bought as many monkeys as they could from the assistant at $35 each.

After that day, the villagers never saw the old man or his assistant again

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What do you take away from this story ?

Tenaga Power Factor Surcharge

Tenaga Malaysia WILL charge you more if you have in-efficient electrical appliances, old wiring etc. at your home.

KLSE 2012 07 26

Try give these stocks an eye ...

MRCB : worth buying below 1.80, potential peak 1.90, can observe for another 3 trading days before making decision.

UEMLAND : worth buying below 2.00, potential peak 2.08, observe another 5 trading days before decide.

YTL :  -- do your own research --

MAS :  -- do your own research --

DIALOG, MAXIS : some recommended this but not me.

FREE lunches - the real one !

Dear Michael,

While many people still think there is no such thing as FREE lunch in this world.  I have been having FREE lunches for more than 5 years now.  Not only that, I actually get paid when I eat.  Sometimes they even force me to bring a friend with me for FREE too !


Unlike some who thought I may have been keeping it a secret, I didn't !  I actually told my friends about it.  And remember ?  Sometimes I have to bring my friends to have the FREE lunch.  So I had to explain to them what it is all about.

Most would guess that once people know it, people would go grab all these FREE lunches.  Normal people like you and I would have no chance of getting them at all !  But after years of having FREE lunches, I can tell you in confidence that on the contrary, I actually received calls begging me to go for some FREE lunches and I actually have to turn some of them down.

There is NO special contacts needed, I am not any Datuk's son, no special pre-qualify skills needed.  All I need a computer and internet connection.  They teach me all the things I needed and I am good to go.

Ok, no more suspense.  All you need to know can be found in gapbuster.com

The reason I am sharing with you is that I want to bet with you.  Even after your readers learn this secret of FREE lunches.  Most of them, may be ALL of them, will still NOT join me here.  You see, human are always limited by their own thoughts without realizing it.  For some who realize it, they refuse to make a change on it.  Well, I shall explain more later if needed but let's see ....

Love your Finance Tips,
Mathew

The Only Man in the World Who Knows What Really Went Wrong at JPMorgan Chase

If you were following Nasser's blog and have missed his commentaries, I just posted a conversation with him on my blog. Thought you might want to know.

Who make money from stock market ?

why some idiot can earn money from stock market but some smartest analysts don't ?

list of Malaysia past expenditures ?

I saw below list from facebook, do you know what they are !?!?


1. PKFZ RM12 billion

2. Submarine Commission RM500 million

3. Sime Darby RM964 million

4. Paya Indah Westland RM88 million

5. Pos Malaysia (Transmile) RM230 million lost

6. Eurocopter deal RM1 billion wasted?

7. Terengganu Stadium collapse RM292 million

8. MRR2 repair cost RM70 million

9. Maybank overpaid BII RM4 billion

10. Tourism - NYY kickback RM10 million

11. 3 paintings bought by MAS RM1.5 million

12. Overpayment by Sport Ministry RM8.4 million

13. London’s white elephant sports complex RM70 million

14. MATRADE repairs RM120 million

15. Cost of new plane used by PM RM200 million

16. InventQ irrecoverable debt RM228 million

17. Compensation for killing crooked bridge RM257 million

18. Loss in selling Augusta RM 510 million

19. Worth of APs given out in a year RM1.8 billion

20. Submarines (future Muzium Negara artifacts) RM4.1 billion

21. PSC Naval dockyard RM6.75 billion

22. The Bank Bumiputra twin scandals in the early 1980s saw US$1
billion losses (RM3.2 billion in 2008)

23. The Maminco attempt to corner the World Tin Market in the
1980s is believed to have cost some US$500 million (RM1.6
billion)

24. Betting in foreign exchange futures cost Bank Negara Malaysia
RM30 billion in the 1990s

25. Perwaja Steel’s US$800 million (RM2.56 billion) losses

26. Use of RM10 billion public funds in the Valuecap Sdn Bhd operation to shore up the stock market

27. Banking scandal of RM700 million losses in Bank Islam

28. The sale of M.V. Agusta by Proton for one Euro making a loss of €75.99 million (RM348 million) Same as No.20?

29. Wang Ehsan from oil royalty on Terengganu RM7.4 billion from 2004 – 2007

30. For the past 10 years since Philharmonic Orchestra was established, this orchestra has swallowed a total of RM500 million. Hiring a Kwai-Lo CEO with a salary of more than RM1 million per annum!

31. In Advisors Fees, Mahathir was paid RM180,000, Shahrizat Abdul RM404,726 and Abdul Hamid Othman (religious) RM549,675 per annum

32. The government has spent a total of RM3.2 billion in teaching Maths and Science in English over the past five years. Of the amount, the government paid a whopping RM2.21 billion for the purchase of information and computer technology (ICT) equipment which it is unable to give a breakdown. Government paid more than RM6,000 per notebook vs per market price of less than RM3,000 through some new consortiums that was setup just to transact the notebook deal. There was no Maths & Science Content for the teachers and the notebooks are all with the teachers' children now.

33. The commission paid for purchase of jets and submarines to two private companies - Perimeker Sdn Bhd and IMT Defence Sdn Bhd amounted to RM910 million. Expanding on No. 2?

37. RM300 million to compensate Gerbang Perdana for the RM1.1 billion "Crooked Scenic Half-Bridge"

38. RM1.3 billion has been wasted building the white elephant Customs, Immigration and Quarantine (CIQ) facilities on cancellation of the Malaysia-Singapore Scenic Bridge

39. RM100 million on renovation of Parliament building which leaks

40. National Astronaut (actually tourist) Programme – RM40 million

41. National Service Training Programme – yearly an estimate of RM 500 million ( MOST National Service Camp LAND OWNERS are tied to Najib or old 'friends' of Najib )

42. Eye of Malaysia - RM30 million and another RM5.7 million of free tickets

43. RM2.4 million on indelible ink

44. Samy Vellu announced in September 2006 that the government paid compensation amounting to RM38.5 billion to 20 highway companies. RM380 million windfalls for 9 toll concessionaires earned solely from the toll hike in 2008 alone

45. RM32 million timber export kickbacks involving companies connected to Sarawak Chief Minister and his family.

46. Two bailouts of Malaysia Airline System RM7.9 billion. At a time when MAS is incurring losses every year, RM1.55 million used to buy three paintings to decorate its Chairman’s (Munir) office. Expanding on No.11

47. Putra transport system bailout which cost RM4.486 billion.

48. STAR-LRT bailout costing RM3.256 billion.

49. National Sewerage System bailout costing RM192.54 million.

50. Seremban-Port Dickson Highway bailout costing RM142 million

51. Kuching Prison bailout costing RM135 million

52. Kajian Makanan dan Gunaan Orang Islam bailout costing RM8.3 million

53. Le Tour de Langkawi bailout costing RM3.5 Million

54. Wholesale distribution of tens of millions of shares in Bursa Malaysia under the guise of NEP to cronies, children and relatives of BN leaders and ministers worth billions of ringgit.

55. Alienation of tens of thousands of hectares of commercial lands and forestry concessions to children and relatives of BN leaders and Ministers worth tens of billions of ringgits.

56. Since 1997, Petronas has handed out a staggering RM30 billion in natural gas subsidies to IPPs who were reaping huge profits. In addition, there were much wastages and forward trading of Petronas oil in the 1990s based on the low price of oil then. Since the accounts of Petronas are for the eyes of the Prime Minister only, we have absolutely no idea of the amount.

57. RM5,700 for a car jack worth only RM50

58. Government-owned vehicle consumed a tank of petrol worth RM113 within a few minutes

59. A pole platform that cost RM990 was bought for RM30,000

60. A thumb drive that cost RM90 was bought for RM480

61. A cabinet that cost RM1,500 was bought for RM13,500
62. A flashlight that cost RM35 was bought for RM143

63. Expenses for 1Malaysia campaign paid to APCO?

64. RM17 billion subsidy to IPP

65. US$24 million Diamond Ring for Ro$mah - Cancellation of Order - how much compensation?

66. CowGate ... RM250 million

67. Monsoon Cup . . . RM800 million per year

68. Illicit Fund Transfers out of Malaysia (2000 - 2009) : RM 1,077,000,000,000!

69. Tajudin-Danaharta settlement to cover up for Dr M and Daim

70. Billions of ringgit toll concessions that disadvantage the government and taxpayers

71. MUSA-AMAN's Timber-Concessions kick-backs worth $90Million US Dollars into his personal account causing thousands of acres of precious Rainforest in Sabah ( homes of endangered wild life such as Orangutans, Borneo Pygmy-Elephants & the Sumatran Rhino ) to be cut-down....