Tuesday, July 31, 2007
Yearly, RM6.00 x 12 months = RM72.00/year
For 60 years = RM 72.00 x 60 years = RM4320.00
If I’m not mistake, it will cost us about RM 40,000 for 8 cycle treatments for chemotherapy. This is the cheapest rate. Correct me if I’m wrong.
However, the cancer will again attack us if we never look after our health and meal!
Friday, July 27, 2007
High in fiber, including bananas in the diet can help restore normal bowel action, helping to overcome the problem without resorting to laxatives. .
One of the quickest ways of curing a hangover is to make a banana milkshake, sweetened with honey. The banana calms the stomach and, with the help of the honey, builds up depleted blood sugar levels, while the milk soothes and re-hydrates your system.
Bananas are high in B vitamins that help calm the nervous system.
Over weight and at work?Studies at the Institute of Psychology in Austria found pressure at work leads to gorging on comfort food like chocolate and crisps. Looking at 5,000 hospital patients, researchers found the most obese were more likely to be in high-pressure jobs. The report concluded that, to avoid panic-induced food cravings, we need to control our blood sugar levels by snacking on high carbohydrate foods every two hours to keep levels steady.
The banana is used as the dietary food against intestinal disorders because of its soft texture and smoothness. It is the only raw fruit that can be eaten without distress in over-chronicler cases. It also neutralizes over-acidity and reduces irritation by coating the lining of the stomach.
Bananas can help SAD sufferers because they contain the natural mood enhancer tryptophan.
Bananas can also help people trying to give up smoking. The B6, B12 they contain, as well as the potassium and magnesium found in them, help the body recover from the effects of nicotine withdrawal.
Potassium is a vital mineral, which helps normalize the heartbeat, sends oxygen to the brain and regulates your body's water balance. When we are stressed, our metabolic rate rises, thereby reducing our potassium levels. These can be rebalanced with the help of a high-potassium banana snack.
According to research in "The New England Journal of Medicine, "eating bananas as part of a regular diet can cut the risk of death by strokes by as much as 40%!
Author: Muhammad Yunus
Date of Publication: 2003
Number of Pages: 288 pages
Winner of the 2006 Nobel Peace Prize
This autobiography of the world-renowned, visionary economist who came up with a simple but revolutionary solution to end world poverty--micro-credit--has become the classic text for a growing movement.Muhammad Yunus is that rare thing: a bona fide visionary. His dream is the total eradication of poverty from the world. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Grameen Bank, based on the belief that credit is a basic human right, not the privilege of a fortunate few, now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Ninety-four percent of Yunus's clients are women, and repayment rates are near 100 percent. Around the world, micro-lending programs inspired by Grameen are blossoming, with more than three hundred programs established in the United States alone.
Banker to the Poor is Muhammad Yunus's memoir of how he decided to change his life in order to help the world's poor. In it he traces the intellectual and spiritual journey that led him to fundamentally rethink the economic relationship between rich and poor, and the challenges he and his colleagues faced in founding Grameen. He also provides wise, hopeful guidance for anyone who would like to join him in "putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long." The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is necessary and inspirational reading for anyone interested in economics, public policy, philanthropy, social history, and business.
Muhammad Yunus was born in Bangladesh and earned his Ph.D. in economics in the United States at Vanderbilt University, where he was deeply influenced by the civil rights movement. He still lives in Bangladesh, and travels widely around the world on behalf of Grameen Bank and the concept of micro-credit.
Muhammad Yunus was born in 1940 in Chittagong, a seaport in Bangladesh. The third of fourteen children, five of whom died in infancy, he was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became the head of the economics department at Chittagong University. He is the founder and managing director of the Grameen Bank
A NOTE FROM MUHAMMAD YUNUS
Microcredit is not about money. It's about dignity. It's about opening doors... At Grameen Bank, we think of credit as a human right. The myth that credit is the privilege of a few fortunate people needs to be exploded. Credit can equip a dispossessed person to fight the economic odds. With massive unemployment and limited resources in developing countries, there are strong arguments for credit based on sound economic reasons. Access to credit must be a central part of any serious attack on poverty.
P/S: I bought this book at The Borders, Berjaya Times Square at RM58 only. Believe me, it is so impressive!
Thursday, July 26, 2007
Rich Dad, Poor Dad
The Big Idea
FINANCIAL LITERACY = FINANCIAL INDEPENDENCE
A true tale of two dads— one a highly educated professor, the other, an eighth grade dropout. Educated dad left his family with nothing, except maybe some unpaid bills. The dropout later became one of Hawaii’s richest men and left his son an empire. One dad would say, “I can’t afford it” while the other, asked, “How can I afford it?”
Rich dad teaches two boys priceless lessons on money, by making them learn through experience. The most important lesson of all is How to Use Your Mind and Time to create personal wealth. Free yourself from the proverbial “rat race”. Learn to spot opportunities, create solutions and “mind your own business”. Learn to make money work for you, and not be its slave.
Rich Dad’s Words of Wisdom:
- You are what you Think.
- A job is a short-term solution to a long-term problem.
- A highly paid slave is still a slave.
- Why climb the corporate ladder when you can own the ladder?
Two roads diverged in a wood, and I—
I took the one less traveled by,
And that has made all the difference.
Robert Frost, from ‘The Road Not Taken’
There is a Need.
The rationale for teaching people financial literacy comes from the fact there is no real job security these days. Even after years of toil, the poor and middle class may find they do not have sufficient funds for their children’s college education, or their own retirement. Why work for a
corporation, the government, and the bank all your life? Awaken your financial genius and gain financial independence and freedom!
Lesson 1: The Rich Don’t Work For Money
At age 9, Robert Kiyosaki and his best friend Mike asked Mike’s father (Rich Dad) to teach them how to make money. After 3 weeks of dusting cans in one of Rich Dad’s convenience stores at 10 cents a week, Kiyosaki was ready to quit. Rich Dad pointed out this is exactly what his employees sounded like. Some people quit a job because it doesn’t pay well. Others see it as an opportunity to learn something new.
WORK TO LEARN
Next Rich Dad put the two boys to work, this time for nothing. Doing this forced them to think up a source of income, a business scheme. The opportunity came to them upon noticing discarded comic books in the store. The first business plan was hatched. The boys opened a comic book library and employed Mike’s sister at 1$ a week to mind it. Soon they were earning $9.50 a week without having to physically run the library, while kids read as much comics as they could in two
hours after school for only a few cents.
Lesson 2: Why Teach Financial Literacy?
They don’t teach this at school.
T he growing gap between rich and poor is rooted in the antiquated educational system. The system trains people to be good employees, and not employers. The obsolete school system also fails to provide young people with basic financial skills rich people use to grow their wealth.
Know your options and use this knowledge to build a formidable asset column. In an age of instant millionaires it really isn’t about how much money you make, it’s about how much you keep, and how many generations you can keep it.
Steps to get out of the proverbial rat race:
1. First, understand the difference between an asset and a liability.
The poor have day-to-day expenses, the middle class purchase liabilities that they think are assets (i.e., a home or a car), and the rich build a solid base of income-generating assets.
The middle class finds itself in a constant state of financial struggle. Their primary income is wages, as wages increase, so do their taxes. Expenses increase as wages increase. Hence the phrase “the rat race.” They treat their home as their primary asset instead of investing in incomegenerating assets.
The rich get richer because they keep acquiring more assets and investments to generate more income, which far exceeds their expenses.
Reasons why the home is not an asset but a liability:
1. People work almost all their lives to pay off a home (30-year loans)
2. Maintenance and utilities expenses.
3. Property tax
4. House values can depreciate.
5. Instead of investing in income-earning assets, your money goes out to
payments for the house.
1. Time that could have been used to grow value in other assets.
2. Capital which could have been invested rather than paying home-related
3. Education that makes you a Sophisticated investor
If you want to buy a house, first generate the cash flow by acquiring
assets, which bring income to pay for it.
Examples of real assets are:
- Apartments for rent
- Real estate
- Businesses that do not require your physical presence. You hire managers.
Average time of holding on to an asset before selling it for a higher value:
- Stocks (Startups and small companies are good investments)
- Mutual funds<
- Real estate
- Notes (IOUs)
- Royalties on intellectual property
- Valuables that produce income or appreciate
In summary, the key steps to getting out of the rat race are the ff:
- Understand the difference between an asset and a liability.
- Concentrate your efforts on buying income-earning assets.
- Focus on keeping liabilities and expenses at a minimum.
- Mind your own business.
Lesson 3: Mind Your Own Business
KEEP YOUR DAY JOB BUT START MINDING YOUR OWN BUSINESS.
Kiyosaki sold photocopiers on commission at Xerox. With his earnings he purchased real estate. In 3 years’ time his real estate income was far greater than his earnings at Xerox. He then left the company to mind his own business full time. He knew that in order to get out of the rat race fast, he needed to work harder, sell more copiers and mind his own business.
Don’t spend all your wages. Build a good portfolio of assets and you can spend later when these assets bring you greater income.
Lesson 4: The History of Taxes and the Power of Corporations
Income tax has been levied on citizens in England since 1874. In the United States it was introduced in 1913. Since then what was initially a plan to tax only the rich eventually “trickled down” to the middle class and the poor. The rich have a secret weapon to shelter themselves from heavy taxation. It’s called the Corporation. It isn’t a building with the company name and
logo in brass signage out front. A corporation is simply a legal document in your attorney’s file cabinet duly registered under a government state agency. Corporations offer great tax advantages and protection from lawsuits. It’s the legal way to protect your wealth, and the rich have been using it for generations. Do your own research and find out what taxlaws will bring you the best advantages.
The Golden Rule: PAY YOURSELF FIRST.
Rich dad says paying yourself first forces you to create more sources of
income to cover your expenses. It’s a simple rule that works like this:
The Rich with Corporations
People who work for corporations:
Key Financial IQ Components:
It helps to take some courses to gain financial literacy; rich dad stresses
the importance of learning –
- Accounting. It pays to know how to read financial statements. When
acquiring businesses or assets you need to quickly see the financial
standing of the company you are acquiring. Many grown adults do not
know how to balance a balance sheet. In the long term, this knowledge
will pay off for you and your business.
- Investment Strategy. This skill will sharpen with experience. Talk to
investors and observe how they play the game. Kiyosaki and Mike
spent many boyhood hours sitting in on Rich Dad’s meetings with
brokers, accountants, and attorneys.
- Market Behavior. Know the laws of Supply and Demand. No business
owner can do without understanding these basic principles of the
market. Bill Gates saw what people needed. Open your eyes to
opportunities. Look at what sells and who buys.
- Law Kiyosaki recommends doing everything you can to grow your
business within legal boundaries. Know your corporate, state, and
Lesson 5: The Rich Invent Money
Self-confidence coupled with high financial IQ can certainly earn more for you than merely saving a little bit every month.
Make good use of your time and find the best deals.
An example: In the early 90’s the Phoenix economy was bad. Homes once valued at $100,000 sold for $75,000. Kiyosaki shopped at bankruptcy courts and bought the same houses at only $20,000. He resold these properties for $60,000 making a cool $40,000 profit. After six more transactions of the same manner he made a total $190,000 in profit and it only took 30 hours of work time. Rich Dad explains there are Two Types of Investors:
- Buyers of Packaged Investments.
This is when you call a retail outlet, real estate company, stockbroker
or financial planner and put your money in ready-made investments.
It’s a simple, clean way of investing.
- The Professional Investor
Design your own investment. Assemble a deal and put together
different components of an opportunity. Rich dad encourages this type.
You need to develop three main skills to be this type of investor,
namely how to:
- Identify an opportunity everyone else has missed.
- Raise capital
- Organize smart people
Identify an opportunity everyone else has missed.
Learn to identify hidden Freebies in business deals. For example: The real business of McDonald’s isn’t hamburgers. It’s the free real estate underneath each franchise, on every important intersection, in cities all over the world that is the real wealth of its owners.
THERE IS ALWAYS RISK. You need to learn how to manage risk and not avoid it.
Lesson 6: Work to Learn –Don’t Work for Money
The Author’s Odyssey
After college graduation Robert Kiyosaki joined the Marine Corps. He learned to fly for the love of it. He also learned to lead troops, an important part of management training. His next move was to join Xerox where he learned to overcome his fear of rejection. The thought of knocking on doors and selling copiers terrified him. Soon he was among the top 5 salespeople at the company. For a couple of years he was No.1. Having achieved his objective – overcoming
his shyness and fear—he quit and began minding his own business. Learn skills like PR, marketing, and advertising. Take a second job if it means learning more.
A Difference in Education
Schools train professionals. Professionals become so specialized they cannot apply themselves in other fields and need to form unions to protect their jobs. Remember you can have a profession, say, learn to be a pilot if you want to learn how to fly, but at the same time mind your own business. The rich “groom” the next generation by training the heir in all aspects of running the business. They move him from department to department so he learns how
each one relates to the other. Specialization is not the key here, but picking up important lessons from each area and seeing the business as a whole.
Rich Dad groomed Kiyosaki and Mike in the same manner. Mike would later take over Rich Dad’s empire, which included restaurants, convenience stores, and a construction company. Kiyosaki created his own empire with real estate, new products and educational materials.
Five Obstacles to Financial Independence
- Fear. Don’t play it safe and cling to what you think is secure. If you don’t
go for it and think big you won’t be able to earn big.
- Cynicism. Don’t listen to advice of others who are not doing what you intend
to do. Listen to your self and those who are doing what you aim to do.
- Laziness. Greed is good and fights laziness. Think about the freedom and
money you’ll have and you will put in those extra work hours. Change your thinking.
Instead of saying “I can’t afford it.” Ask yourself “How can I afford it?”
Challenge your mind to create solutions.
- Bad Habits. Spending habits should turn into saving and investing habits.
- Arrogance. Don’t think you know everything there is to know about money.
Listen to others. Enroll in useful seminars.
Ten Steps to Awaken Your Financial Genius:
- Find a reason greater than reality, a big dream. Think of the freedom,
the lifestyle wherein you control your own time. Think of what you don’t
want, i.e. “I don’t like being an employee”.
- Use the power of choice, daily. You can choose to watch MTV, or watch
CNBC. It’s how you choose to use your time and energy everyday that
brings financial success in the long run.
- Choose your friends carefully. It pays to have friends who are focused
and achieving their goals. Surround yourself with friends you can learn
- Master a formula. Learn a new one, and learn fast.
- Pay yourself first. Practice self-discipline by keeping expenses low.
Tenants can pay for your expenses if you rent out apartments or ministorage,
for instance. Savings are used for investing and creating more
money, not for paying bills.
- Pay your broker well. Attorneys, accountants, stockbrokers, and real
estate brokers will have more incentive to work harder for you. If they
make more money, it means you make more money as well. 3-7% is a
- Be an Indian giver. It’s the concept behind ROI. (Return on investment)
Invest and then take the initial money out after a time when the investment
has earned for you.
- Buy luxuries last. Let the income from your growing assets afford you the
new car. Wait for your asset base to grow first. Middle class people buy
luxuries first, on credit.
- Find yourself a hero. When you play golf you can imagine you are Tiger
Woods. When you do business, you can ask yourself, “What would
George Soros have done if he was in my place right now?”
- Teach and you shall receive. As in money, love, or friendship. If you give
without expecting anything in return, you receive more.
- Stop what you’re doing. Take a step back to assess your situation. Stop doing what is not working and look for a new option.
- Look for new ideas.
- Take action. Find someone who has done what you want to do. Take them to lunch. Ask for tips.
- Take classes and buy tapes.
- Make lots of offers. Finding a good business deal is a lot like dating. You must go to the market and talk to a lot of people, make offers, counteroffers, negotiate, accept and reject. Many single people sit at home waiting for the phone to ring instead of going out and hitting the dating scene.
- Take a walk through your neighborhood and look for bargain real estate deals.
- Buy the pie and cut it into pieces. People buy only what they can afford so they think small. Think big. This goes for land and other investments.
- Learn from history. Colonel Sanders lost everything in his 60’s and started from scratch with a fried chicken recipe. Bill Gates became rich before he was 30.
ACTION ALWAYS BEATS INACTION.
"IF YOU'RE DOING SOMETHING YOU CARE DEEPLY ABOUT AND IF YOU BELIEVE IN IT, IT'S IMPOSSIBLE TO IMAGINE NOT TRYING TO MAKE IT GREAT."
ABOUT THE AUTHOR
Robert Kiyosaki is an investor, businessman, self-help author, and motivational speaker. Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material. He has written 18 books which combined have sold over 26 million copies . Although beginning as a self publisher, he is now published by Warner Books, a division of Hachette Book Group USA. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times. The book Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board games for adults and children and has a series of "Rich Dad" audio cassettes. He also publishes a monthly newsletter and gives motivational talks around the world.
P/S: I bought this book at MPH One Utama last year. I could not remember the price but it is not more than RM50.
Father: I want you to marry a girl of my choice
Son: "I will choose my own bride!"
Father: "But the girl is Bill Gate's daughter."
Son: "Well, in that case...ok"
Next Father approaches Bill Gates.
Father: "I have a husband for your daughter."
Bill Gates: "But my daughter is too young to marry!"
Father: "But this young man is a vice-president of the World Bank."
Bill Gates: "Ah, in that case...ok"
Finally Father goes to see the president of the World Bank.
Father: "I have a young man to be recommended as a vice-president."
President: "But I already have more vice- presidents than I need!"
Father: "But this young man is Bill Gate's son-in-law."
President: "Ah, in that case...ok"
Moral : Even If you have nothing, You can get Anything ,
If your attitude is positive.
Tuesday, July 17, 2007
(by John Lennon and Paul McCartney)
Yesterday, all my troubles seemed so far away
Why she had to go I don't know she wouldn't say
Yesterday, love was such an easy game to play
Why she had to go I don't know she wouldn't say
P/s: To hear the song, just scroll down to the Desserts
Sunday, July 15, 2007
You're the simplest love I've known
You are the reason I can fly.
There's no more just getting by.
Recommend below are the secret recipe for healthy drinking:-
1) Carrot + Ginger + Apple >> Boost and cleanse our system.
2) Apple + Cucumber + Celery>> Prevent cancer, reduce cholesterol, and improve stomach upset and headache.
3) Tomato + Carrot + Apple>> Improve skin complexion and bad breath.
4) Bitter gourd + Apple + Milk>> Avoid bad breath and reduce internal body heat.
5) Orange + Ginger + Cucumber>> Improve skin texture and moisture and reduce body heat.
6) Pineapple + Apple + Watermelon>> To dispel excess salts, nourishes the bladder and kidney
7) Apple + Cucumber + Kiwi>> To improves skin complexion.
8) Pear & Banana>> To regulates sugar content.
9) Carrot + Apple + Pear + Mango>> Clear body heat, counteracts toxicity, decreased blood pressure and Fight oxidization!
10) Honeydew + Grape + Watermelon + Milk>> Rich in vitamin C + Vitamin B2 that increases cell activity and Strengthen body immunity.
11) Papaya + Pineapple + Milk>> Rich in vitamin C, E, Iron. Improve skin complexion and metabolism.
12) Banana + Pineapple + Milk>> Rich in Vitamin with nutritious and prevent constipation .
Friday, July 13, 2007
But one thing in my mind right now, hehehhe. Monday till Wednesday will be my fasting day, tomorrow, Saturday and Sunday does it will be my eating days??? Hahahaha... no wonder my weight keep increasing every day. Gym? Hmmm... it was almost a month I do not attending my exercises. Not enough rest, tired, not much free times and the most important is, my stomach always full! Wait till this Sunday and hopefully all the stubborn reason wouldn't stop me to gym
Wednesday, July 11, 2007
Honestly, I don't have any idea to share with. However, the 'Sharing is caring' keep playing and flying around and keep pushing me to share what ever I can share with others. What can I share? I don't know...(I will try to knock my head later :p)
Hmmm... It has been years I was not involved in any writing since joining Maxis, my employer. Although my daily task needs me to use PC, internet and phone calls, I don't have quite much quality time to write something that I love. But I promise, it won't become an excuse this time! Enjoy!!!