STEPS TO MAKE YOUR DREAM HAPPEN

SIMPLE AND EFFECTIVE STEPS TO MAKE YOUR DREAM HAPPEN
NEVER UNDERESTIMATE THESE STEPS
IF YOU USE IT APPROPRIATELY
THEY CAN MOVE MOUNTAINS

WISHING YOU SUCCESS,

JAMES OH

STRONG MIND IS WEALTH

TO ACKNOWLEDGE AND ACCEPT THE ABOUT TRUTH IS THE FIRST STEP OF CREATING WEALTH. NATURALLY, IT IS CRUCIAL FOR US TO FEED OUR MINDS WITH ALL THE REQUIRED HEALTHLY STUFF IF YOU TRULY DESIRE TO SEEK FOR STRONG MIND.

IN THIS REGARD, LET US ACTIVELY WORKING TOWARD THIS GOAL FOR A BETTER TOMORROW.


SEEING YOU AGAIN AND PLEASE LEAVE YOUR FEEDBACK, OPINION. VIEW AS HOW WE CAN PROSPER FURTHER.

JAMES OH

BOOK LAUNCH - " MAJOR ISSUES IN COMPANY LAW"

A BOOK LAUNCH OF “MAJOR ISSUES IN COMPANY LAW”, 3^rd Edition, TO BE OFFICIATED BY YB SENATOR DATO’ IR DONALD LIM SIANG CHAI -2 May 2012, Hotel Istana.

SERC, on behalf of Sweet & Maxwell and the author, has the great pleasure in inviting you to a book launch on the 3^rd Edition of “Major Issues in Company Law”, a comparative legal framework between the People Republic of China and English Law. The launch will be officiated by YB Senator Dato’ Ir Donald Lim Siang Chai, Deputy Minister of Finance, Malaysia.

Details of the book launch are as follows:

Date: 2 May 2012 (Wednesday)

Time: 2.00 pm – 5.15 pm

Venue: Safir 1 & 2, Hotel Istana

73, Jalan Raja Chulan

Kuala Lumpur

Language: English

This is a bilingual text, Mandarin and English, authored by Mr. Peter Koh, an advocate and solicitor from Singapore, barrister and solicitor, British Columbia, Canada and a solicitor, England and Wales.

Given the economic resurgent of China and close economic linkage between Malaysia and China, this is a must have reference text for Malaysian lawyers, professionals, academician and business entrepreneurs having an operations in China with little legal background and strong grounding in Chinese.

This event is in consultation with SERC Sdn Bhd and sponsored by Bank of East Asia.

Thank you.

Warmest Regards,

James Oh

SECRET OF WINNING BIG

Ladies and gentlemen,

I'm so excited to come forward and share my thoughts on ABC's Wealth Creation because this is my passion to do so. Shall you repeat what I say after these, A stands for Accumulation, B for Better Monitoring and Managing Wealth and C for Creation. These three simple steps are Powerful. I repeat these three processes are Simple and Powerful - They can move mountains.

Permit me to use the following examples as illustrations of these Powerful Secret Bullets:-

To begin with, assuming Daniel has monthly sole income of 5k. He spends all his income to acquire the lifestyle he wants. Leaving ZERO balance in his bank accounts at the end of each month. He will stay status quo forever, Right ? Folks. We can't have sun shine everyday. What will happen to Daniel in a rainy day ? Do you think he is going to survive comfortably with the same lifestyle if he lost his only source of income?

I give you another Scenario. Everything assumed to be the same except this time Daniel spares 2k per month for his savings with less luxurious lifestyle. For simplicity, we further assume that he places all of his savings in the Fixed Deposit with Financial Institution earning an interest of 3% per annum. At the end of the month, his saving will grow with the interest earned.

Be mindful that we are living in high inflationary regime, who does not agree? what would you think the realistic inflation rate of our country be ? let us say 6% per annum, is it fine with you guys? With the interest rate of 3% Daniel earned from the Fixed Deposit, the inflation will eat into Daniel's saving. This is because the interest earned is not sufficient to cover the inflation. Do you follow? As a result, Daniel is losing out 3% per annum in the real sense. In short, Daniel may think he is a saver ? In fact, he is a sucker and a loser. You must realize this crucial point.

No doubts your Wealth/ Net worth is still growing in number over times. But your REAL return will be in the negative of 3%. In the above case, every RM 100 you saved after a year will become RM 97 in real term. In other word, you are poorer by RM 3 because you are only able to buy RM 97 worth of goods compared to RM 100 worth of goods a year ago.

Do you think it is a wise move? But don't get me wrong that I am anti-saving in the form of Fixed Deposit. My intention here is to make you realize that you are not doing yourself justice because you have not put yourself in a better position.

Lastly, let me take you through the third scenario. Assuming that everything is the same as in Scenario II. But this time instead of saving in the form of FD, Daniel decided to invest his monthly income of 2k which earns him an average return of 10% per annum.

Even with the inflation rate of 6%, Daniel still grow his wealth by 4% per annum in the real sense. By doing so, he is growing his wealth both in absolute figure and real term. Am I speaking German to you? In short, he managed to grow his wealth, by positive 4% after netting off the inflation.

By now, who does not agree with me that we need to take positive action to hedge our money against inflation no matter what? No doubt, investment does not guarantee that you will enhance your wealth. Nothing in this world is ever certain except death and taxes. In addition, one more thing is also sure certain, that is if you don’t do or try anything, you will sure get nothing. 

In summary, we need to acquire the skills, aptitude and know how on how to invest our money wisely so as to generate the return that far exceeds or at least sufficient to cover the inflation rate.

Stay tune and I will share with you more of wealth management in my next few speeches.  

James Oh

http://my.linkedin.com/pub/oh-james/12/a11/29b

http://www.facebook.com/people/James-Oh/706849667

http://www.facebook.com/people/James-Oh/706849667#!/pages/Lift-You-Up-Always-there-for-You/176685462397920

Skype me at james.oh18

Tea Art Blog - Enriching Life: LOVE THIS BLOG

Tea Art Blog - Enriching Life: LOVE THIS BLOG: From the moment you read us,  We know we couldn't believe our eyes,  We can rule out that it was not love at first sight,   and ...

THE GREAT DIFFERENCE BETWEEN A RICH AND POOR PERSON

DO YOU AGREE WITH THE ABOVE STATEMENT? PLEASE VOICE OUT YOUR OPINIONS IN THE COMMENT COLUMN PROVIDED BELOW.

WE LOVE AND VALUE YOUR OPINION ?

THANK YOU IN ADVANCE AND LOOK FORWARD TO HEARING FROM YOU,




JAMES

WITH WEALTH, NO HELL (SPEECH)

Ladies and gentlemen,

Who wants money? (Raise your hand and wait for response)

Who wants wealth? (Raise your hand and wait for response)

Yes, that is exactly what I want to share with you today. I feel very privilege to stand before you to talk further on the ABC of Wealth Creation because this is my passion. Let us do this together, A stands for Accumulation, B for Better Monitoring and Managing Wealth and C for Creation. These three processes of wealth creation are Simple yet Powerful. I repeat, these steps are Simple and Powerful - If you doing it right, they can move mountains.

To illustrate my points further, please allow me to use the following examples on how this Powerful Secret Bullets work:-

To begin with, assuming Daniel has a monthly sole income of 5k. He spends all his income to acquire the lifestyle he wants, leaving ZERO balance in his bank accounts at the end of each month. He will stay status quo forever, Right? As we all know that the sun does not shine every day. What will happen to Daniel on a raining day? Do you think he is going to survive the same lifestyle if he lost his only source of income? Definitely no, right?

Let me give you another Scenario. Assuming that everything is the same except that this time Daniel leads a simpler lifestyle. He spares 2k per month for his savings. For simplicity, we further assume that he places all of his savings in the Fixed Deposit with Financial Institution earning an interest of 3% per annum. At the end of the month, his saving will grows with the interest earned. Are you following me so far?

Be mindful that we are living in high inflationary regime, who does not agree? What do you think would be the realistic inflation figure in our country? Let say 5% per annum, is it fine with you guys? With the interest rate of 3% Daniel earned from the Fixed Deposit, the inflation will eat into Daniel's saving. This is because the interest is not sufficient to cover the inflation. Do you follow? As a result, Daniel's wealth is losing out 2% per annum in the real sense. In short, Daniel may think he is a saver. In fact, he is a sucker and a loser. You must realize this vicious point.

No doubts his Wealth/ Net worth is still growing in number over times. But his REAL return will be in the negative of 2%. Every RM 100 he saved after a year will become RM 98 in real term. In other word, he is poorer by RM 2 because he is only able to buy RM 98 worth of goods compared to RM 100 worth a year ago.

Do you think it is wise for him to do so? But don't get me wrong that I am anti saving in the form of Fixed Deposit (FD). You may do so for emergency purpose or for a short term tenure. Here, I just want you to realize that you are not doing yourself a deserving favour because you have not benefitted anything.

That was the 2^nd scenario. Lastly, let me take you through the third scenario. Assuming everything is the same as Scenario II. But this time instead of saving in the form of FD, Daniel decided to invest his monthly saving of 2k which earns him an average return of  9% per annum. Daniel may be a bumiputra like Haji Hashim who could invest in ASB which yield between 9% to 12% interest!!

Even with the inflation rate of 5%, Daniel’s wealth still grows by 4% per annum in the real sense. By doing so, he is growing his wealth both in absolute amount and intrinsic value. Am I being understood here? In short, Daniel managed to grow his wealth by positive 4% after netting off the inflation of 5%

By now, who does not agree with me that we need to take positive action to hedge our money against inflation no matter what? No doubt, investment does not guarantee that you will enhance your wealth. Nothing in this world is ever certain except taxes and death. Another thing which is also certain, if you don’t do anything, you will surely get nothing. 

In summary, we need to acquire the skills, the aptitude and the knowledge on how to invest our money wisely.We must generate the return that far exceeds or at least is sufficient to cover the inflation rate.

Stay tune and I will share with you more of wealth management in my next few speeches.  

Thank you.