I love science since early age in my childhood. When I started to learn how to read, one of my favorite books is nine planets of solar system with wonderful pictures. During my primary school, my favorite stories were about Isaac Newton, Albert Einstein, Thomas Edison, Benjamin Franklin, etc. Guess my favorite movies? No doubt, it was series.
Scientist was always a top list of ambition throughout my academic years. After secondary school, I never had any doubt to continue my Engineering degree.
Then, how I end up with properties investment and creating own business today? That will be another chapter of stories. ^^
Maybe some of you not really interested about my story and just want to learn more about mentalities of property investment. Let’s us continue with this chapter. It is related to one my dreams since childhood – Time Machine.
Time Machine is a top “unicorn” for scientists. I was one of those people who dream to create or own it someday. I didn’t get it in science. In fact, I quit my engineering career a decade ago. However, I found it in property investment. Am I kidding? No! I am SERIOUS. I have found time machine in property investment and using it for a few years to create fortune and wealth!!!
Before I show you all about my time machine, we need a little of head up from Chapter 2. Are you still remember why people yet to start or commit their property investment or any investment? Right, it is fear of uncertainty. Investment is always link with risk. People worry about risk if they cannot see the future. Can anyone see the future? No, if you do not own a time machine. Therefore, these people can’t be blame if they are having fear of uncertainty.
The only 100% certainty of investment that I known, it is Fixed Deposit aka FD. If I am not mistaken, current FD return is less than 4%, which mean it takes at least 20 years to double your investment. That’s very certain if this is what you are aiming for. You can stop reading and wasting your time if you are happy with FD return.
Unfortunately, this is never my cup of tea. Why? Due to printing money, high inflation, GST, demolition of incentives scheme by government, etc. Hope we are at same page and stay in same country. You definitely will feel how I feel, unless you deny those facts of money value is depreciating NOW!!!
We do not need a time machine to know that our money has becomes less value in any future. Are you still remember what’s the price of 3 generation of my family paying for our properties? This is a certainty that I know.
If we are certain about money is depreciating and housing price is rising over years, what are you going to do with you money? I am not sure about you, I do not keep my money in FD or any form of investment. I exchange it with properties.
Then, what’s about my time machine? Ok, I give you a free ride on my time machine. Just follow my instruction. After finish reading this chapter, I need you to close your eyes, relax for 2 minutes. Then, start to imagine with your free minds. We start with 5 years, 10 years, 15 years, 20 years, maybe 30 years if you have such imagination power. Money is depreciating, how it end up at 2044, 30 years from now?
Time to wake up! Your ride is over. We back to now. Perhaps you do not get scold for your day dream in office
Some of you may find it is scary, if you are holding huge amount of FD……
Some of you may find it is exciting if you are holding amounts of properties just as mine……
I am very certain about my future, what’s yours?
Wait, this is not the best part. I am not only having properties now, I am having huge amount of debt with banks. WARNING: "This show contains scenes that some viewers may find disturbing". Please do not imagine yourself with my amount of debt, it may cause yourself some uncomfortable responses.
Please start to imagine yourself with RM1mil of debt and use my time machine to travel 30 years from now, what did you see? RM1mil still cause irritating effects? start with 500K. Can’t take it? Start with RM250K or even RM100K. OMG, the installment amount worth nothing after 30 years!!! Hold on, have you forgotten the value of properties in your hand at year 2044, during 1st time travel?
I hope you feel the excitement of mine when I 1st discovered my time machine. As I shared before, we purchased our 1st property with bank loan at end of 2009. It was 5 years ago. It doesn’t take me 30 years to feel about my installment amount has been depreciating sharply. With installment of RM 1250, you can’t find any middle class condominium in prime location nowadays. Of course, my installment is not RM1250, after I have refinanced my property 2 times in past 5 years. I am going to do it 3rd time this year. Why?
May I share a secret with you? I do not own a time machine only. In fact, we have many of them.
hmmmm.... Something to think about.
-------- By Jeff TAN
To be continued…… if 30 of you are willing to share this time machine to your friends.
Final call, we still have couple seats left at this Sunday sharing. Hope you do not miss it. Thank you and wish you own a time machine for yourself in future!!!
Here is our September event details:http://www.eventbrite.com/e/n-tickets-13048681959
More information, ideas and solutions @https://www.facebook.com/propropmanagement