Posts Tagged ‘economy’

How ah? High Income Economy??

I hope I am, but the fact is not for the current being.

So, I keep asking how can I become part of the high income group in a high income economy, a vision of the Father of 1Malaysia. I don’t want to miss the opportunity.

However, what do we need to do in order to ride the national strategy, so called government transformation program and the new economic model? Are we part of the beneficial group? How can I prepare myself for it? Do I need more education? What kind of experience and attitude I need to have? When are we going to see some clear guideline for us to improve? Do I need to switch to other industry rather than doing what I am doing now?

Waiting, and thinking. What’s else?

Are You the One Not Affected?

Well, do you realize that sometimes, when you buy something, even though you pay the same price, but without knowing you are actually getting less? For example, when you go and eat your favorite  one ton mee, out of sudden you realize that your RM 3.50 paid for only 2 wantan instead of 3 which you get one day earlier, and the wantans are actually smaller? Or do you have experience that when you buy shampoo, the same similar bottle may contain 50 ml less than what you bought earlier? My personal experience, every each small pack of mamee is containing much smaller portion of mamee compared to our young age time, even though the price is still almost the same.

Do you think the examples above actually means the same to you? If yes, then you are agreeing to what Datuk said, that since you are still paying RM 1.80 per liter of petrol, no matter it is RON95 or RON97, you are not affected with the change. I think 11 out of my any 10 people, won’t believe in that theory. I hope I can find the 12th person.

I really hope that we can see things from another angle. Actually what the government doing is good to us also. Maybe, the intention is to encourage the thinking of drive less, save more. Human beings are adaptable to what ever changes happen around, provided that the change don’t kill us off. We have been surviving the age of petrol price hiking at RM 2.70. So it is so lucky now that the different of price is only 5 cents per liter.

Just to share another piece of information that maybe good to calm you down, where it actually tells you RON95 is actually better for your care than RON97. Then you may feel more comfortable paying the same price, if not higher, to buy RON95 instead of RON97.

This is clip from an email sent by a good friend:

“The Difference between RON92, RON95, RON97 and RON99

FOR YOUR INFORMATION!

Understanding The Difference between RON92, RON95, RON97 and RON99

The Difference between RON92, RON95, RON97 and RON99

Many said that RON92 oil is the older oil, only suitable for older cars or for cars that use carburetor only. There are also some that said that RON92 oil will make the engine dirty and also said that RON92 oil is less powerful compared to RON97 and RON99. Before you make any false assumptions, let us see what the real meaning of RON is.
RON stands for Research Octane Number. Octane number or octane rating refers to the gasoline ability to withstand auto ignition (knocking) inside the engine. Higher octane number refers to higher ability of the oil to fight auto ignition. In other words, it means that RON95 is harder to ignite compared to RON92.
Different vehicles are designed to be used with different octane number of oil. Higher octane number oil is basically designed for high performance vehicles such as sports vehicle and racing vehicle. Why is that so? This is to avoid premature ignition of oil inside the engine because of auto ignition, which happens before the spark plug ignite the fuel. This phenomenon is known as knocking. Knocking is not wanted because it reduces the performance of vehicle.
The right usage of octane number based on design and adjustment of engine will maximize the performance and effectiveness of the vehicle. Modern vehicles are equipped with knock sensor which enables it to adjust its combustion timing automatically according to the oil octane number to avoid knocking or premature ignition of oil.

Not all vehicles require high octane number petrol. You can check your vehicle fuel requirement inside the guide book of your vehicle or you can simply check the minimum Octane Rating at the back of the fuel lid cover of your vehicle. Most cars can still use RON92.
Higher RON number does not mean that it is more powerful. It means that it is harder to ignite. It will also cost you more.”

So we are so many years paying higher price for something that not at all necessary, I mean by using RON97 petrol. Government is actually helping us up now.

Caveat is, what do you experience after changing from RON97 to RON95? My friend told me that he experience under power and consume more petrol. I am not sure whether it’s true because I am still observing. What’s your experience so far?

Not Just Buy Longgan and Rambutan…

Do you travel along Old Klang Road? When you are near to the OUG Plaza junction, do you notice there is a pedestrian overbridge with the yellow advertisement board? Of course, I am not to promoting the yellow company. What I mean to highlight here is, just near the stair case of the overpass, is a small truck selling longan and rambutan, maybe some other local fruit. The stall keeper is an Indian old man.

This evening I passed by the truck. I did not mean to buy anything but when I saw the old man with few children around, I change my mind. I asked him how much he can make a day? He said is around RM 20, because he is renting the truck from the boss and he only earn some little commission from what he manage to sell. The more he able to sell, the more he can make. I kiddingly ask him whether can give discount if I buy longan from him. He said can but then he will be no profit to make. Of course, I don’t know whether that’s true. But the children around is real. And the weakness of the old man is true.

He even told me that after he close down the business, he need to go for another job which is security guard from 11 to 7 o’clock. Only with that he could have “enough” income for his family. I wonder, with 1K plus how he can raise his few kids? All very small, kind of primary school only.

Next time if you pass by the area around 6-9 o’clock, wish that you can just go by and buy some fruit for your family. Of course, what I want to say here is, try to be more concern and sensitive about what’s happening around you. I read an article today, what made me very worry is, Malaysian seems too ignorance about things around them. When we don’t care and don’t help people in need, who is going to care and help us when we need? Even if you are extremely SELFISH type of mentality, you have to remind yourself that “what goes around, comes around”  ~one of my friend always say that.

Interesting (yet Hard to Understand) Blog about Finance

Knowledge, wisdom and pretty girls. A very good blog about the current local and global economy, various investment vehicles and generally what ever else that related to finance. The most interesting part is the articles come free of charge, plus bonuses of pretty girl photos.

About the owner of the blog:

“Salvatore_Dali

… too young, too old, too sarcastic, too dark, too funny, too charismatic, too poor, too Cantonese, too Malaysian, too frank, …too bad … and die-hard M.U. fan! email: malaysiafinance@gmail.com The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.”

Click here to visit.

1000 Council-Owned Vehicles??

Every year, when the time comes to nearly end of August, we would start to question whether it is true that flying national flag named Jalur Gemilang shows that we are patriotic? Logically speaking there should be no direct connection between the action of flying flags and the attitude of loving the country. However, our leaders still in very high extends, believe that “flying the flags would help boost the people’s morale and love for the country, thus inspiring them to work harder and contribute more to the nation.”. Please refer to the original reports on The Star, CLICK HERE.

However, what is intended to be highlighted and discussed here is not about flying flags. The question is, Ipoh city council alone owns about 1,000 vehicles, and it is about 780 of them are “officials’ cars”. How many officer is working under the city council and how many cars are they really needed to run the operation? Of course I am not sure whether this number is logical for a city size like Ipoh. From Wikipedia Ipoh have 1.1 million of population and if we do some simple math it is around 1:1500 official car to people ratio. Could anyone that able to explain what is the purpose of the cars that been purchased with people’s hard earned money? We don’t have revealed information for the rest of the city in the country. But earlier on, I have another post that showed police force, for just one community police station, having more than 15 patrol cars. Click here. Questions: 1. Are we over consuming? 2. The forecast did mentioned that the budget for the next year will still be high in deficit. Is that a time to review and understand whether the government is currently overspending?