
July 30th, 2010

JonQ

Over the last 49 years, Warren Buffett turned an initial investment of $100,000 into $42 billion. During this period of time, he managed to achieve a 24.7% annual compounding rate of return and that also means he doubled his money every 2.9 years for half a century! So, how did he do that? How did he managed to consistently beat the market and all the smartest money managers on Wall Street?
The Graph Below is The Comparison of Berkshire Hathaway and S&P 500

The Beliefs of Successful Investors

July 29th, 2010

JonQ

One of the most important lessons I’ve learnt from Warren Buffett was to manage my investments like a business. While most people buy stocks like buying 4D or TOTO, they are trading (buying and selling) based on short term predictions if the price will go up or down. In fact, most of these ‘punters’ or ‘gamblers’ know very little about the business operations behind the stock they own.

The Buffett’s Way


July 27th, 2010

JonQ

The Story of Warren Buffett
From a very young age, Warren Buffett was obsessed with making money and had a very clear dream of becoming a millionaire before 35. Warren was born during the depression when his dad was in the verge of bankruptcy. At a very young age, Warren learn the true value of money and the importance of being financially secure.
During his elementary school days, he would tell his classmates that he wanted to become a millionaire before the age of 35 (When he turned 35, his net worth exceeded US$6 million). Inspired by his dream, he started researching on the secrets of wealth creation.

July 26th, 2010

JonQ
Once upon a time, there was a hare who always go around boosting how he could run faster than anyone else. Worst still, he was forever teasing the tortoise for its slowness. Until one day.. the irritated tortoise could not take it and he answered back: “Who do you think you are? Indeed, you may be fast, but I bet you can be beaten!” The hare then squealed with laughter.
“Beaten? Beaten in a race? By whom? I bet there is nobody in this world who can beat me. I’m too speedy. Now, why don’t you try having a race with me?”

July 23rd, 2010

JonQ

It was such an honor yesterday to be sharing the same speaking platform with Ernie Chen, a serial entrepreneur and master wealth advisor. The title of the day was “3 Wealth Creation Strategies for Investors”.
Ernie started the seminar with a bang as he shared the 1st strategy of the “3 Wealth Creation Strategies for Investors” and that definitely left the audience “asking” for more. That’s when I went in to share some insights for our fellow Malaysians who were hungry to increase their Wealth Intelligence. The free seminar was held at ATCEN Learning Centre, Damansara Perdana. An insightful time indeed for all those who were present.
This is a preview of
Wealth Intelligence Seminar: 3 Wealth Creation Strategies for Investors
.
Read the full post (352 words, 3 images, estimated 1:24 mins reading time)

July 21st, 2010

JonQ
Once upon a time, in the Southern part of Malaysia, there was a young farmer who just got married and purchased a new property with his wife. It was a dream come true as they were both excited about moving and settling down on this new land. As they were admiring this piece of real estate, they started discussing what they would build and when. They started dreaming of building a garden planting the most beautiful flowers ever seen, a play area with a swing set and swimming pool, a barn filled of animals and even renovating the house. They were so passionate about each dreams that they have but the problem was this.. Do they have the funds to build them all?

July 20th, 2010

JonQ
Just last week, right after my session at HOT ON TWO, when I was featured with Ernie Chen at TV2 sharing on 3 Wealth Creation Strategies for Investors, the host of the program asked me a question. It was a frequently asked question (FAQ) which was given by most the participants of my seminars and workshops as well, “You look young. How old are you really?”
As usual, after answering, I’ll receive the same state-of-shock look on the face. These are the common remarks that most people will make:
“You gotta be pulling my leg!”
“You must be kidding me!”
“Come on, Tell me the truth!”

July 19th, 2010

JonQ

I was invited to speak to the young graduates of CPA Australia on 7th July. The event was attended by many young post-graduates and students of CPA Australia. CPA Australia is one of three professional accounting bodies in Australia, the others being the National Institute of Accountants and the Institute of Chartered Accountants of Australia. CPA is an acronym for Certified Practising Accountant. CPA Australia is one of the largest global accounting bodies, having members through Asia Pacific as well as its home base. My topic for the day was ‘Discover Your Wealth Elements’.

July 16th, 2010

JonQ
One of my the major purpose that I’ve set for myself during my seminars has always been to educate the public on the importance to look out for Money Predators. And one of the biggest Money Predator that’s going to steal the money out of your pocket while you are sleeping is Hyperinflation. I usually end my seminar by elaborating more on the statement made by Datuk Seri Idris Jala from the Prime Minister’s Department that Malaysia will go bankrupt by 2019 if it does not cut subsidies and rein in borrowings. In fact, in my post yesterday, I was blogging about that if a country goes bankrupt, the value of money will go down, down, down! (You can read more about that particular post by clicking here)
It Has Begun
You will have to spend more for your living and in time to come, we will no longer face with inflation, but Hyperinflation. Guess what? Signs are showing.. The Government has already taken the move to start cutting subsidies for sugar, petrol, diesel and liquefield petroleum gas (LPG). “The government has made a difficult but bold decision,” a statement from the Prime Minister’s Office said yesterday.
New Prices of Fuel & Sugar After Subsidy Cuts

Projected Price Changes for Common Items Following Rationalisation of Fuel Subsidies.
Well, it’s staying at a minimal impact for now. I’m guessing when is the next time round though. Remember, this is just a beginning.

Before Midnight Strikes
Motorists flocking to a petrol station to fill their tanks hours before the new prices for RON 95 and diesel are to be implemented

Protect and Profit
This is a preview of
Wealth Intelligence: Cuts Not Expected To Drive Up Inflation? Total Rubbish!
.
Read the full post (400 words, 3 images, estimated 1:36 mins reading time)

July 15th, 2010

JonQ

In modern world we often experience much use of word ‘Bankrupt’. Simply it means a declaration of inability of an individual or institution to pay its creditors. So it is the final position of an individual or institution for inability of payment. But you should remember that it is legal status of inability to pay its creditors.