Friday, August 23, 2019
Tuesday, May 10, 2011
Five new mobile apps platform
1. Kinoma : http://www.kinoma.com/
2. WAC : http://www.wacapps.net/web/portal
3. MobiUS Web Browser : http://www.appmobi.com/?q=node/128
4. Zeewe : http://www.zeewe.com/
5. Openwave : http://www.openwave.com/
2. WAC : http://www.wacapps.net/web/portal
3. MobiUS Web Browser : http://www.appmobi.com/?q=node/128
4. Zeewe : http://www.zeewe.com/
5. Openwave : http://www.openwave.com/
Must-Have SMF Mods
1. TopicStarter Mod 1.3
2. SMFShop 3.1
3. PortaMx v0.95.1 0.951
4. SMF Arcade 2.5 Beta 3 Public
5. Word Description 1.0
6. The Rules 1.2
7. Are You Human? Anti-Bot Registration Check 1.3
8. SMF Articles 1.0.1.6
9. Registration redirection 0.1
10. BBC Guest 1.2
11. Reflection Avatar 1.1
12. BK-SMF Drop Down Menu 1.0
13. Jntg4 SMF-Wiki For Package Manager 1.0 beta 1
14. SMF Media Gallery 1.5.2
15. Admin Notepad 1.0
16. Member Notepad 1.0
17. User Control Panel By Alan S 3.0
18. Bakers Dozen Pages 1.1
19. Case Insensitive Smileys 1.1
20. PDF Tag 1.1
21. Custom Fields On Memberlist 1.0
22. Irritate lurkers with 0 posts 0.1
23. Message for your guests 0.1
24. New Topic Button 1.0
25. Downloads System 1.1.5
26. Prettier_Quotes 1.12
27. Modbreaktag 1.0
28. Minimun Characters or Words Mod 1.0
29. BK-SMF News Box Mod 1.5
30. Reflect BBCODE 1.0
31. Sarcasmics smiley set 1.1.0.1
32. Custom Tab 1.2
33. Justify BBCode 2.1
34. Highlight Search Keywords 1.21
35. BK-SMF Favicon and Custom Global HTML 1.0
36. Referrals Mod 2.1.3
37. Birthday on Profile Summary 1.0
38. SMF Affiliates v2
39. Social Bookmarks for SMF 2 1.1
40. Aeva ~ Auto-Embed Video & Audio 5.1.42
41. Custom Copyright 1.1
42. Hide SMF Version 1.0.3a
43. Glossary 0.1.5
44. Treasury 2.32
45. More Spiders 1.2
46. reCAPTCHA for SMF 0.9.5.4
47. SMF Trader System 1.2
48. Pm_Informer 2.0
49. Related Topics 1.3.1
50. Users Online Today 1.5.4
51. Pretty URLs 0.9
52. simplemp 3.2
53. Wiki Links 1.0
54. SMF Staff Page 1.6
55. Auto Merge Double Post 1.2
56. Advanced Contact Form 1.1
57. Advanced AJAX Shoutbox 1.21
2. SMFShop 3.1
3. PortaMx v0.95.1 0.951
4. SMF Arcade 2.5 Beta 3 Public
5. Word Description 1.0
6. The Rules 1.2
7. Are You Human? Anti-Bot Registration Check 1.3
8. SMF Articles 1.0.1.6
9. Registration redirection 0.1
10. BBC Guest 1.2
11. Reflection Avatar 1.1
12. BK-SMF Drop Down Menu 1.0
13. Jntg4 SMF-Wiki For Package Manager 1.0 beta 1
14. SMF Media Gallery 1.5.2
15. Admin Notepad 1.0
16. Member Notepad 1.0
17. User Control Panel By Alan S 3.0
18. Bakers Dozen Pages 1.1
19. Case Insensitive Smileys 1.1
20. PDF Tag 1.1
21. Custom Fields On Memberlist 1.0
22. Irritate lurkers with 0 posts 0.1
23. Message for your guests 0.1
24. New Topic Button 1.0
25. Downloads System 1.1.5
26. Prettier_Quotes 1.12
27. Modbreaktag 1.0
28. Minimun Characters or Words Mod 1.0
29. BK-SMF News Box Mod 1.5
30. Reflect BBCODE 1.0
31. Sarcasmics smiley set 1.1.0.1
32. Custom Tab 1.2
33. Justify BBCode 2.1
34. Highlight Search Keywords 1.21
35. BK-SMF Favicon and Custom Global HTML 1.0
36. Referrals Mod 2.1.3
37. Birthday on Profile Summary 1.0
38. SMF Affiliates v2
39. Social Bookmarks for SMF 2 1.1
40. Aeva ~ Auto-Embed Video & Audio 5.1.42
41. Custom Copyright 1.1
42. Hide SMF Version 1.0.3a
43. Glossary 0.1.5
44. Treasury 2.32
45. More Spiders 1.2
46. reCAPTCHA for SMF 0.9.5.4
47. SMF Trader System 1.2
48. Pm_Informer 2.0
49. Related Topics 1.3.1
50. Users Online Today 1.5.4
51. Pretty URLs 0.9
52. simplemp 3.2
53. Wiki Links 1.0
54. SMF Staff Page 1.6
55. Auto Merge Double Post 1.2
56. Advanced Contact Form 1.1
57. Advanced AJAX Shoutbox 1.21
Friday, May 06, 2011
Mobile Ads
Now, there are variety of mobile ads available to moneterize your mobile apps/sites.
Here is a list of most popular one.
iAd by Apple - http://advertising.apple.com/
MobFox - http://www.mobfox.com/
AdMob - http://www.admob.com/
Adwhirl - http://www.adwhirl.com/
Mobclix - http://www.mobclix.com/
Here is a list of most popular one.
iAd by Apple - http://advertising.apple.com/
MobFox - http://www.mobfox.com/
AdMob - http://www.admob.com/
Adwhirl - http://www.adwhirl.com/
Mobclix - http://www.mobclix.com/
The Top 10 Internet & Search Marketing Trends for 2011
The top 10 Mobile Trends – Rapid Growth + Disruption
1. Mobile Platforms Hit Critical Mass
2. Mobile is Global
3. Social Networking Accelerating Growth of Mobile
4. Time Shifting to Mobile Usage
5. Mobile Advertising – Growing Pains But Huge Promise
6. mCommerce – Changing Shopping Behavior
7. Emergence of Virtual Goods & In-App Commerce
8. Not All Platforms Are Created Equal
9. Change Will Accelerate, New Players Emerging Rapidly
10. Summary Trends to Watch
The top 10 Mobile Trends – Rapid Growth + Disruption
1. Mobile Platforms Hit Critical Mass
2. Mobile is Global
3. Social Networking Accelerating Growth of Mobile
4. Time Shifting to Mobile Usage
5. Mobile Advertising – Growing Pains But Huge Promise
6. mCommerce – Changing Shopping Behavior
7. Emergence of Virtual Goods & In-App Commerce
8. Not All Platforms Are Created Equal
9. Change Will Accelerate, New Players Emerging Rapidly
10. Summary Trends to Watch
Monday, June 29, 2009
6 Millionaire Traits That You Can Adopt
by Stephanie Powers
Tuesday, June 23, 2009
Millionaires have more in common with each other than just their bank accounts — for some millionaires, striking it rich took courage, salesmanship, vision and passion. Find out which traits are most common to the seven-figure bank account set, and what you can do to hone some of these skills in your own life.
1. Independent Thinking
Millionaires think differently. Not just about money, about everything. The time and energy everybody else spends attempting to conform, millionaires spend creating their own path. Since thoughts impact actions, people who want to be wealthy should think in a way that will get them to that goal. Independent thinking doesn't mean doing the opposite of what the rest of the world is doing; it means having the courage to follow what is important to you. So, the lesson here is to forge your own way, and let your success drive you to financial spoils - rather than doing it the other way around and trying to chase the money.Just look at David Geffen. A self-made millionaire with $4.5 billion to his name in 2009, this American record executive and film producer was college dropout, but made millions founding record agencies and signed some of the most prominent musicians of the 1970s and '80s. Although he didn't take what many assume to be the usual path to success, his tireless work ethic and sense of personal conviction about artists' potential allowed him to rack up a sizable fortune.
2. Vision
Millionaires are creative visionaries with a positive attitude. In other words, wealthy people not only have big dreams, they also believe they will come true. As such, wealth seekers should set lofty goals and not be afraid of uncharted territories. Bill Gates, the world's richest person in 2009, did just that. The American chairman of Microsoft is one of the founding entrepreneurs who brought personal computers to the masses. Gates jumped into the personal computers business in 1975 and held on tight, creating Microsoft Windows in 1985. When consumers began to bring computers into their homes, Gates was ready to profit from this new age.
3. Skills
Writer Dennis Kimbro interviewed successful people to determine the traits they had in common for his book, "Think and Grow Rich" (1992). He found that they concentrated on their area of excellence. Millionaires also tend to partner with others to supplement their weaker skills. If you don't know what you are good at, poll friends and family. Use training and mentors to refine your strong skills.
4. Passion
Billionaire investing guru Warren Buffett says "Money is a by-product of something I like to do very much." Enjoying your work allows you to have the discipline to work hard at it every day. People who interact with money for a living, bankers for example, often love creating new deals and persuading others to complete a transaction. But finding your dream job may take time. The average millionaire doesn't find it until age 45, and tends to be 54 (on average) before becoming a millionaire. Kimbro found that millionaires tried an average of 17 ventures before they were successful. So, if you want to be rich, stop doing things you don't enjoy and do what you love. If you don't know what you love, try a few things and keep trying until you hit on the right thing.
5. Investment
Millionaires are willing to sacrifice time and money to achieve their goals. They are willing to take a risk now for the opportunity of achieving something greater in the future. Investing may include securities or starting a business - either way, it is a step toward achieving great financial rewards. Start investing now.
6. Salesmanship
Millionaires are constantly presenting their ideas and persuading others to buy into them. Good salesmen are oblivious to critics and naysayers. In other words, they don't take "no" for an answer. Millionaires also have good social skills. In fact, when writer T. Harv Eker analyzed the results of a survey of 753 millionaires for his book, "Secrets of the Millionaire Mind" (2005), he found social skills were more important than IQ. Just look at Donald Trump. His fortune has fluctuated over the years, but his ability to sell himself - whether as a TV personality or as the force behind a line of neckties - has always brought him back among the ranks of celebrity millionaires.The ability to communicate with people is essential to selling your idea. Contrary to the traditional view of salesmen, millionaires cite honesty as an important factor in their success. If you want to be a millionaire, be an honest salesman and polish your social skills.
***
Becoming a millionaire is not a goal that can be achieved overnight for most people. In fact, many of the world's richest people built their wealth over many years (sometimes even generations) by making smart but often bold decisions, putting their skills to the best use possible and doggedly pursuing their vision. If you can learn anything about millionaires, it's that for many of them, their riches are not necessarily what most sets them apart from the rest of the world - it's what they did to earn those millions that really stands out.
Tuesday, June 23, 2009
Millionaires have more in common with each other than just their bank accounts — for some millionaires, striking it rich took courage, salesmanship, vision and passion. Find out which traits are most common to the seven-figure bank account set, and what you can do to hone some of these skills in your own life.
1. Independent Thinking
Millionaires think differently. Not just about money, about everything. The time and energy everybody else spends attempting to conform, millionaires spend creating their own path. Since thoughts impact actions, people who want to be wealthy should think in a way that will get them to that goal. Independent thinking doesn't mean doing the opposite of what the rest of the world is doing; it means having the courage to follow what is important to you. So, the lesson here is to forge your own way, and let your success drive you to financial spoils - rather than doing it the other way around and trying to chase the money.Just look at David Geffen. A self-made millionaire with $4.5 billion to his name in 2009, this American record executive and film producer was college dropout, but made millions founding record agencies and signed some of the most prominent musicians of the 1970s and '80s. Although he didn't take what many assume to be the usual path to success, his tireless work ethic and sense of personal conviction about artists' potential allowed him to rack up a sizable fortune.
2. Vision
Millionaires are creative visionaries with a positive attitude. In other words, wealthy people not only have big dreams, they also believe they will come true. As such, wealth seekers should set lofty goals and not be afraid of uncharted territories. Bill Gates, the world's richest person in 2009, did just that. The American chairman of Microsoft is one of the founding entrepreneurs who brought personal computers to the masses. Gates jumped into the personal computers business in 1975 and held on tight, creating Microsoft Windows in 1985. When consumers began to bring computers into their homes, Gates was ready to profit from this new age.
3. Skills
Writer Dennis Kimbro interviewed successful people to determine the traits they had in common for his book, "Think and Grow Rich" (1992). He found that they concentrated on their area of excellence. Millionaires also tend to partner with others to supplement their weaker skills. If you don't know what you are good at, poll friends and family. Use training and mentors to refine your strong skills.
4. Passion
Billionaire investing guru Warren Buffett says "Money is a by-product of something I like to do very much." Enjoying your work allows you to have the discipline to work hard at it every day. People who interact with money for a living, bankers for example, often love creating new deals and persuading others to complete a transaction. But finding your dream job may take time. The average millionaire doesn't find it until age 45, and tends to be 54 (on average) before becoming a millionaire. Kimbro found that millionaires tried an average of 17 ventures before they were successful. So, if you want to be rich, stop doing things you don't enjoy and do what you love. If you don't know what you love, try a few things and keep trying until you hit on the right thing.
5. Investment
Millionaires are willing to sacrifice time and money to achieve their goals. They are willing to take a risk now for the opportunity of achieving something greater in the future. Investing may include securities or starting a business - either way, it is a step toward achieving great financial rewards. Start investing now.
6. Salesmanship
Millionaires are constantly presenting their ideas and persuading others to buy into them. Good salesmen are oblivious to critics and naysayers. In other words, they don't take "no" for an answer. Millionaires also have good social skills. In fact, when writer T. Harv Eker analyzed the results of a survey of 753 millionaires for his book, "Secrets of the Millionaire Mind" (2005), he found social skills were more important than IQ. Just look at Donald Trump. His fortune has fluctuated over the years, but his ability to sell himself - whether as a TV personality or as the force behind a line of neckties - has always brought him back among the ranks of celebrity millionaires.The ability to communicate with people is essential to selling your idea. Contrary to the traditional view of salesmen, millionaires cite honesty as an important factor in their success. If you want to be a millionaire, be an honest salesman and polish your social skills.
***
Becoming a millionaire is not a goal that can be achieved overnight for most people. In fact, many of the world's richest people built their wealth over many years (sometimes even generations) by making smart but often bold decisions, putting their skills to the best use possible and doggedly pursuing their vision. If you can learn anything about millionaires, it's that for many of them, their riches are not necessarily what most sets them apart from the rest of the world - it's what they did to earn those millions that really stands out.
Friday, April 03, 2009
穷变富的法则
作者：于士超 原创 2009-03-20 12:10
你认为自己是一个贫穷的人吗？如果是，你是否想过改变自己的现状，从现在起积累自己的财富，迈向富人的行列？读读以下的理财哲学，或许会对你有所启发
A、将生活费用变成第一资本
一个人用100元买了50双拖鞋，拿到地摊上每双卖3元，一共得到了150元。另一个人很穷，每个月领取100元生活补贴，全部用来买大米和油盐。同样是100元，前一个100元通过经营增值了，成为资本。后一个100元在价值上没有任何改变，只不过是一笔生活费用。
贫穷者的可悲就在于，他的钱很难由生活费用变成资本，更没有资本意识和经营资本的经验与技巧，所以，贫穷者就只能一直穷下去。
财智哲学：渴望是人生最大的动力，只有对财富充满渴望，而且在投资过程中享受到赚钱乐趣的人，才有可能将生活费用变成"第一资本"。同时，积累资本意识与经营资本的经验与技巧，获得最后的成功。
B、最初几年困难最大
其实，贫穷者要变成富人，最大的困难是最初几年。财智学中有一则财富定律：对于白手起家的人来说，如果第一个100万元花费了10年时间，那么，从100万元到1000万元，也许只需5年，再从1000万元到1亿元，只需要3年就足够了。
这一财富定律告诉我们，因为你已有丰富的经验和启动的资金，就像汽车已经跑起来，速度已经加上去，只需轻轻踩下油门，车就会疾驶如飞。开头的5年可能是最艰苦的日子，接下来会越来越有乐趣，且越来越容易。
财智哲学：贫穷者不仅没有资本，更可悲的是没有资本意识，没有经营资本的经验和技巧。贫穷者的钱如果不是资本，也就只能一直穷下去。
C、贫穷者的财富只有大脑
人与人之间在智力和体力上的差异并不是想象的那么大，一件事这个人能做，另外的人也能做。只是做出的效果不一样，往往是一些细节的功夫，决定着完成的质量。
假如一个恃才傲物的职员得不到老板的赏识，他只是简单地把原因归结为不会溜须拍马，那就太片面了。老板固然不喜欢不尊重自己的人，但更重要的是，他能看出你的价值。同样，假如你第一次去办营业执照，就和办证的人吵得不可开交，可以肯定，你开的那个小店永远只能是个小店，很难做大。这样的心态别说投资，连日常理财都难做好。
很多投资说到底是一种赌博，赌的就是将来的收益大于现在的投入。投资是件风险极大的事，钱一旦投出去就由不得自己。
贫穷者是个弱势群体，从来没把握过局势，很多时候连自己也不能支配，更不要说影响别人。贫穷者投资，缺的不仅仅是钱，而是行动的勇气、思想的智慧与财商的动机。
贫穷者最宝贵的资源是什么？不是有限的那一点点存款，也不是身强力壮，而是大脑。以前总说思想是一笔宝贵的精神财富，其实在我们这个时代，思想不仅是精神财富，还可以是物质化的有形财富。一个思想可能催生一个产业，也可能让一种经营活动产生前所未有的变化。
财智哲学：人与人之间最根本的差别不是高矮胖瘦，而是装着经营知识、理财性格与资本思想的大脑。
D、对自身能力的投资
有一位伟人的话，大意是一个人的价值大小，不是看他向社会索取多少，而是看他贡献多少。相比之下，按劳分配并不是按你的劳动量来分配，而是要你生产出更多的价值。只要你愿意，你劳动的能力越强，创造的价值越多，就越可能获得高收入。多劳多得的根本是质而不是量，贫穷者最根本的投资是对自身能力的投资。
财智哲学：说到资本家，贫穷者就联想到那些剥削工人剩余劳动价值的人，心中自然有种抵触情绪。实际上，只要你愿意，你也可以当资本家，资本市场是向每一个人开放的，其中也有你的那一份天地。
E、教育是最大投资
学历只是一般教育的证明，学校里学到的只是一些综合性的基础知识，人一辈子都需要重新学习。有一篇报道，江苏省2003年高学历(本科及以上)者人均年收入超过11万元，小学文化程度者只有3708元，二者相差近30多倍。经济收入的悬殊，已经造成实际上的高低贵贱。在当今社会，要想过上稍稍像样一点的生活，就必须有一个高学历。
财智哲学：教育是最大的投资，对很多贫穷者来说，他们的命运是和受教育程度密切相关的。因为贫困不是一种罪过，但贫困中的人都不得不承受它的恶果。
F、勿以运气为贫穷开脱
关于资本的故事每个人都听过不少。比如某个美国老太太，买了100股可口可乐股票，压了几十年，成了千万富翁；某位中国老太太，捂了10年深发展原始股，也成了超级富婆。故事的主角都是老太太，笨头笨脑，居然一弯腰就捡了一个金娃娃。
从理论上讲，美国老太和中国老太的投资都是成功的，但对更多的人而言，却很难有什么推广价值。两个老太凭什么能够坚持捂股？不是理智的分析，也不是坚定的信心，而是什么都不懂，要么是压在箱底忘在脑后了，要么是运气的因素。贫穷者把很多事情都归于运气，因为只有运气是最好的借口，可以为自己的贫穷开脱。"运气不好"是所有失败者的疗伤良药。
财智哲学：在商品经济时代，人人都会有运气，不劳而获不仅是可耻的，而且是不可能的。一个人之所以有权获得收入，是因为他为社会生产出了产品，社会才给了他的回报。
G、知本向资本靠拢
有个故事说的是，一位国王要感谢一位大臣，就让他提一个条件。大臣说："我的要求不高，只要在棋盘的第一个格子里装1粒米，第二个格子里装2粒，第三个格子里装4粒，第四个格子里装8粒，以此类推，直到把64个格子装完。"国王一听，暗暗发笑，要求太低了，照此办理。不久，棋盘就装不下了，改用麻袋，麻袋也不行了，改用小车，小车也不行了，粮仓很快告罄。数米的人累昏无数，那格子却像个无底洞，怎么也填不满……国王终于发现，他上当了，因为他会变成没有一粒米的穷者。一个东西哪怕基数很小，一旦以几何级倍数增长，最后的结果也会很惊人的。
贫穷者的发展难，起步难，坚持更难。就那么几粒米，你自己都没了胃口。可一件事情的成功，往往就在于最后一步。当基数积累到一定的时候，只需要跳一下格子，你就立地成佛了。这之前的一切都是铺垫，没有第一粒米，就没有后面的小车大车，这个过程是漫长的，也是艰难的。但是世界上聪明的人很多，有知识的人遍地都是，但真正能发大财的却少，要把知识变为知本，只有和资本联姻才行。
财智哲学：富人靠资本生钱，贫穷者靠知本致富。以知本作为资本，赤手空拳打天下，可能是现代贫穷者们最后也最辉煌的梦想。但是，一个生活在底层的人，很难有俯瞰的眼光和轩昂的气度，贫穷者内心最缺乏的其实就是这种自信。
你认为自己是一个贫穷的人吗？如果是，你是否想过改变自己的现状，从现在起积累自己的财富，迈向富人的行列？读读以下的理财哲学，或许会对你有所启发
A、将生活费用变成第一资本
一个人用100元买了50双拖鞋，拿到地摊上每双卖3元，一共得到了150元。另一个人很穷，每个月领取100元生活补贴，全部用来买大米和油盐。同样是100元，前一个100元通过经营增值了，成为资本。后一个100元在价值上没有任何改变，只不过是一笔生活费用。
贫穷者的可悲就在于，他的钱很难由生活费用变成资本，更没有资本意识和经营资本的经验与技巧，所以，贫穷者就只能一直穷下去。
财智哲学：渴望是人生最大的动力，只有对财富充满渴望，而且在投资过程中享受到赚钱乐趣的人，才有可能将生活费用变成"第一资本"。同时，积累资本意识与经营资本的经验与技巧，获得最后的成功。
B、最初几年困难最大
其实，贫穷者要变成富人，最大的困难是最初几年。财智学中有一则财富定律：对于白手起家的人来说，如果第一个100万元花费了10年时间，那么，从100万元到1000万元，也许只需5年，再从1000万元到1亿元，只需要3年就足够了。
这一财富定律告诉我们，因为你已有丰富的经验和启动的资金，就像汽车已经跑起来，速度已经加上去，只需轻轻踩下油门，车就会疾驶如飞。开头的5年可能是最艰苦的日子，接下来会越来越有乐趣，且越来越容易。
财智哲学：贫穷者不仅没有资本，更可悲的是没有资本意识，没有经营资本的经验和技巧。贫穷者的钱如果不是资本，也就只能一直穷下去。
C、贫穷者的财富只有大脑
人与人之间在智力和体力上的差异并不是想象的那么大，一件事这个人能做，另外的人也能做。只是做出的效果不一样，往往是一些细节的功夫，决定着完成的质量。
假如一个恃才傲物的职员得不到老板的赏识，他只是简单地把原因归结为不会溜须拍马，那就太片面了。老板固然不喜欢不尊重自己的人，但更重要的是，他能看出你的价值。同样，假如你第一次去办营业执照，就和办证的人吵得不可开交，可以肯定，你开的那个小店永远只能是个小店，很难做大。这样的心态别说投资，连日常理财都难做好。
很多投资说到底是一种赌博，赌的就是将来的收益大于现在的投入。投资是件风险极大的事，钱一旦投出去就由不得自己。
贫穷者是个弱势群体，从来没把握过局势，很多时候连自己也不能支配，更不要说影响别人。贫穷者投资，缺的不仅仅是钱，而是行动的勇气、思想的智慧与财商的动机。
贫穷者最宝贵的资源是什么？不是有限的那一点点存款，也不是身强力壮，而是大脑。以前总说思想是一笔宝贵的精神财富，其实在我们这个时代，思想不仅是精神财富，还可以是物质化的有形财富。一个思想可能催生一个产业，也可能让一种经营活动产生前所未有的变化。
财智哲学：人与人之间最根本的差别不是高矮胖瘦，而是装着经营知识、理财性格与资本思想的大脑。
D、对自身能力的投资
有一位伟人的话，大意是一个人的价值大小，不是看他向社会索取多少，而是看他贡献多少。相比之下，按劳分配并不是按你的劳动量来分配，而是要你生产出更多的价值。只要你愿意，你劳动的能力越强，创造的价值越多，就越可能获得高收入。多劳多得的根本是质而不是量，贫穷者最根本的投资是对自身能力的投资。
财智哲学：说到资本家，贫穷者就联想到那些剥削工人剩余劳动价值的人，心中自然有种抵触情绪。实际上，只要你愿意，你也可以当资本家，资本市场是向每一个人开放的，其中也有你的那一份天地。
E、教育是最大投资
学历只是一般教育的证明，学校里学到的只是一些综合性的基础知识，人一辈子都需要重新学习。有一篇报道，江苏省2003年高学历(本科及以上)者人均年收入超过11万元，小学文化程度者只有3708元，二者相差近30多倍。经济收入的悬殊，已经造成实际上的高低贵贱。在当今社会，要想过上稍稍像样一点的生活，就必须有一个高学历。
财智哲学：教育是最大的投资，对很多贫穷者来说，他们的命运是和受教育程度密切相关的。因为贫困不是一种罪过，但贫困中的人都不得不承受它的恶果。
F、勿以运气为贫穷开脱
关于资本的故事每个人都听过不少。比如某个美国老太太，买了100股可口可乐股票，压了几十年，成了千万富翁；某位中国老太太，捂了10年深发展原始股，也成了超级富婆。故事的主角都是老太太，笨头笨脑，居然一弯腰就捡了一个金娃娃。
从理论上讲，美国老太和中国老太的投资都是成功的，但对更多的人而言，却很难有什么推广价值。两个老太凭什么能够坚持捂股？不是理智的分析，也不是坚定的信心，而是什么都不懂，要么是压在箱底忘在脑后了，要么是运气的因素。贫穷者把很多事情都归于运气，因为只有运气是最好的借口，可以为自己的贫穷开脱。"运气不好"是所有失败者的疗伤良药。
财智哲学：在商品经济时代，人人都会有运气，不劳而获不仅是可耻的，而且是不可能的。一个人之所以有权获得收入，是因为他为社会生产出了产品，社会才给了他的回报。
G、知本向资本靠拢
有个故事说的是，一位国王要感谢一位大臣，就让他提一个条件。大臣说："我的要求不高，只要在棋盘的第一个格子里装1粒米，第二个格子里装2粒，第三个格子里装4粒，第四个格子里装8粒，以此类推，直到把64个格子装完。"国王一听，暗暗发笑，要求太低了，照此办理。不久，棋盘就装不下了，改用麻袋，麻袋也不行了，改用小车，小车也不行了，粮仓很快告罄。数米的人累昏无数，那格子却像个无底洞，怎么也填不满……国王终于发现，他上当了，因为他会变成没有一粒米的穷者。一个东西哪怕基数很小，一旦以几何级倍数增长，最后的结果也会很惊人的。
贫穷者的发展难，起步难，坚持更难。就那么几粒米，你自己都没了胃口。可一件事情的成功，往往就在于最后一步。当基数积累到一定的时候，只需要跳一下格子，你就立地成佛了。这之前的一切都是铺垫，没有第一粒米，就没有后面的小车大车，这个过程是漫长的，也是艰难的。但是世界上聪明的人很多，有知识的人遍地都是，但真正能发大财的却少，要把知识变为知本，只有和资本联姻才行。
财智哲学：富人靠资本生钱，贫穷者靠知本致富。以知本作为资本，赤手空拳打天下，可能是现代贫穷者们最后也最辉煌的梦想。但是，一个生活在底层的人，很难有俯瞰的眼光和轩昂的气度，贫穷者内心最缺乏的其实就是这种自信。
Sunday, September 28, 2008
節息積財（第2篇）理財之道,慎選配套 五大考量規劃房貸
節息積財（第2篇）理財之道,慎選配套 五大考量規劃房貸
房屋貸款規劃為財務規劃的一部分，由于房貸金額龐大，因此規劃得當，將能省下可觀利息。
除非有能力以現金購買產業，否則置產者多逃不了選擇房貸這一關。
以下數個要點，可供消費者選擇房貸時考量：
一、提領公積金
房貸節息專家賴瑩鼓勵符合資格者，提取公積金付房屋頭期款，以低回酬資金，償還更高息貸款。她認為，公積金年回酬率只有5%左右，但房貸利息介于6%至7%，理想應以公積金還房債，以減少房子的利息成本。當然，動用公積金前，最好和個人理財計劃一致。
如果客戶抱持不同想法，例如認為公積金應保留作退休金，則不會勉強。
二、比較首10年利率
銀行一般提供最長30年融資期限，但置產自居者，一般比較首5至10年的利率已相當足夠。
因為在鎖定期過后（一般介于3至5年），貸款者可以依需要及利率水平選擇再融資房貸，以節省房貸利息。賴瑩指出，市場上有許多利率誘人的再融資配套，提供免成本房貸轉移，符合資格者不需花額外費用，就能轉換房貸配套。
三、產業脫售期限
供投資的產業，選擇房貸前必須考量產業脫售期限。
賴瑩舉例說，若貸款者計劃在3年內脫售產業，就應該比較不同銀行配套首3年的利率，再尋求最低利率配套。如果產業仍在興建中，則可以考慮那些提供未竣工產業免利息的配套。
四、配套便利越多越好？
賴瑩指出，彈性更高、更方便的配套，利息一般更高。
若是商家，房貸戶頭現金流入及流出都很高，則會推荐彈性配套。
若現金流入高于流出，則不需要太多彈性或便利的配套，免得用不著便利徒浪費。
五、鎖定期限
若有關產業仍在興建中，簽訂配套前應注意房貸合約註明的鎖定期限，是從簽署獻議書（Offer letter）當日算起，還是銀行首次出錢給發展商時，才開始計算。
如果不確定，就盡量提問房貸顧問解疑惑，才能避免誤中違約罰款。
鎖定期限及罰款，主要避免貸款者在特定期限內還清貸款或取消貸款；違約者將被徵收罰款。
房貸選擇對照表
◎融資額（最高？）
◎貸款期限（最長？）
◎頭款成本（最低？）
◎利率（最低？）
◎最具彈性？
◎最低罰款？
◎最短違約期限？
看升或看跌？利率趨勢影響選擇
隔夜官方利率（OPR）是決定基本借貸率（BLR，基貸率）的關鍵；因此利率走勢，相對影響貸款者的房貸選擇。一般在利率走勢穩定的情況下，消費者可選擇隨市場利率浮動的房貸利率配套。
若利率存揚升空間，宜選擇固定利率的配套。
綜觀區域多國央行已陸續調高利率，國家銀行在8月底，選擇維持隔夜官方利率在3.5%。
但通脹率一再飆至歷史新高，例如7月份的8.5%歷史新高，國行升息可能相對上揚，賴瑩不諱言，目前選擇固定利率配套的趨勢已明顯增加。
“另一個趨勢，是部分業者開始採用同業拆息利率（KLIBOR）作為房貸利率指標。”
她指出，同業拆息利率走勢相對更穩定，目前企于3.6%左右水平，市場已有房貸配套是與同業拆息利率掛鉤，避開升息衝擊。
和基貸率掛鉤的非固定利率配套，貸款利息一般以基貸率（6.75%）扣除利率（通常介于1.5%至1.9%，視銀行及促銷配套而定）。
採用同業拆息利率的配套，利息一般再加1%左右；因此兩種標準利率相去不遠，差別只在利率穩定性。
房貸利率最低 想融資工具
賴瑩指出，綜觀市場上的貸款種類或融資便利，房貸可說是利率最低的貸款。
“信用卡欠債利息最高，年利率最高達18%，個人貸款平均利息也介于10%至12%，但房貸利息普遍介于6%至7%。”
她指出，由于銀行是根據產業市值決定房貸，符合資格申請再融資貸款的消費者，一般可取得更高額貸款，因此可以配合個人理財計劃、善用是筆現金。
她舉例說：“若以前是以10萬令吉買下產業，如今市值可能已達20萬令吉，銀行可提供高達18萬令吉的貸款額。”
換言之，扣除所欠的房貸余額，余下就是一筆現成資金可供自由調動，例如用作兒女教育費、裝修房子、投資、做生意等。
房屋貸款規劃為財務規劃的一部分，由于房貸金額龐大，因此規劃得當，將能省下可觀利息。
除非有能力以現金購買產業，否則置產者多逃不了選擇房貸這一關。
以下數個要點，可供消費者選擇房貸時考量：
一、提領公積金
房貸節息專家賴瑩鼓勵符合資格者，提取公積金付房屋頭期款，以低回酬資金，償還更高息貸款。她認為，公積金年回酬率只有5%左右，但房貸利息介于6%至7%，理想應以公積金還房債，以減少房子的利息成本。當然，動用公積金前，最好和個人理財計劃一致。
如果客戶抱持不同想法，例如認為公積金應保留作退休金，則不會勉強。
二、比較首10年利率
銀行一般提供最長30年融資期限，但置產自居者，一般比較首5至10年的利率已相當足夠。
因為在鎖定期過后（一般介于3至5年），貸款者可以依需要及利率水平選擇再融資房貸，以節省房貸利息。賴瑩指出，市場上有許多利率誘人的再融資配套，提供免成本房貸轉移，符合資格者不需花額外費用，就能轉換房貸配套。
三、產業脫售期限
供投資的產業，選擇房貸前必須考量產業脫售期限。
賴瑩舉例說，若貸款者計劃在3年內脫售產業，就應該比較不同銀行配套首3年的利率，再尋求最低利率配套。如果產業仍在興建中，則可以考慮那些提供未竣工產業免利息的配套。
四、配套便利越多越好？
賴瑩指出，彈性更高、更方便的配套，利息一般更高。
若是商家，房貸戶頭現金流入及流出都很高，則會推荐彈性配套。
若現金流入高于流出，則不需要太多彈性或便利的配套，免得用不著便利徒浪費。
五、鎖定期限
若有關產業仍在興建中，簽訂配套前應注意房貸合約註明的鎖定期限，是從簽署獻議書（Offer letter）當日算起，還是銀行首次出錢給發展商時，才開始計算。
如果不確定，就盡量提問房貸顧問解疑惑，才能避免誤中違約罰款。
鎖定期限及罰款，主要避免貸款者在特定期限內還清貸款或取消貸款；違約者將被徵收罰款。
房貸選擇對照表
◎融資額（最高？）
◎貸款期限（最長？）
◎頭款成本（最低？）
◎利率（最低？）
◎最具彈性？
◎最低罰款？
◎最短違約期限？
看升或看跌？利率趨勢影響選擇
隔夜官方利率（OPR）是決定基本借貸率（BLR，基貸率）的關鍵；因此利率走勢，相對影響貸款者的房貸選擇。一般在利率走勢穩定的情況下，消費者可選擇隨市場利率浮動的房貸利率配套。
若利率存揚升空間，宜選擇固定利率的配套。
綜觀區域多國央行已陸續調高利率，國家銀行在8月底，選擇維持隔夜官方利率在3.5%。
但通脹率一再飆至歷史新高，例如7月份的8.5%歷史新高，國行升息可能相對上揚，賴瑩不諱言，目前選擇固定利率配套的趨勢已明顯增加。
“另一個趨勢，是部分業者開始採用同業拆息利率（KLIBOR）作為房貸利率指標。”
她指出，同業拆息利率走勢相對更穩定，目前企于3.6%左右水平，市場已有房貸配套是與同業拆息利率掛鉤，避開升息衝擊。
和基貸率掛鉤的非固定利率配套，貸款利息一般以基貸率（6.75%）扣除利率（通常介于1.5%至1.9%，視銀行及促銷配套而定）。
採用同業拆息利率的配套，利息一般再加1%左右；因此兩種標準利率相去不遠，差別只在利率穩定性。
房貸利率最低 想融資工具
賴瑩指出，綜觀市場上的貸款種類或融資便利，房貸可說是利率最低的貸款。
“信用卡欠債利息最高，年利率最高達18%，個人貸款平均利息也介于10%至12%，但房貸利息普遍介于6%至7%。”
她指出，由于銀行是根據產業市值決定房貸，符合資格申請再融資貸款的消費者，一般可取得更高額貸款，因此可以配合個人理財計劃、善用是筆現金。
她舉例說：“若以前是以10萬令吉買下產業，如今市值可能已達20萬令吉，銀行可提供高達18萬令吉的貸款額。”
換言之，扣除所欠的房貸余額，余下就是一筆現成資金可供自由調動，例如用作兒女教育費、裝修房子、投資、做生意等。
Wednesday, August 13, 2008
Dating Advice: 20 Dates for Under 20 Dollars
If you're not careful, dating can be a really expensive pastime. To impress your date, you may pull out all the stops -- fancy meals on the town, lavish trips, or high-priced events. But in many cases, there's no need to spend tons of money to create a fantastic date.
For instance, think of all the favorite dates you've experienced. I'm guessing some of them were memorable moments that didn't cost you a lot of money. As long as a date features an activity you and your date enjoy together, there's no need to splurge for every occasion.
I've devised a simple list of 20 date ideas for under 20 dollars.
Adventurous Dates:
1) Play tourist in your city for a day. Buy a guidebook and discover interesting walking tours.
2) If you and your date enjoy photography, pack your cameras and go on a photography adventure together.
3) Dine at an affordable restaurant offering Eastern cuisine -- like Chinese or Indian -- and enjoy a cheaper and more exotic meal than your usual date fare.
4) Check out your local paper or the Internet for free events or festivals in your area.
5) Visit your city's famous landmarks that you probably take for granted or haven't seen since you were a little kid!
Romantic Dates:
1) Hang out at a cozy or charming cafe for a dessert and a drink.
2) Meet for a glass of wine at a wine bar in an interesting area before taking a stroll in the neighborhood.
3) If you've hung out a few times... invite your date over and make a gourmet pizza together.
4) Take a Salsa dance class, which is often cheap or free.
5) Rent a rowboat with your date on a sunny day.
Outdoor Dates:
1) Go on a bike ride or walk that includes a destination offering ice cream or a cold drink.
2) Shoot hoops, play frisbee, or rollerblade. Sports are great for competitive flirting!
3) If one or both of you have a dog, visit a dog park together.
4) Plan a picnic. Impress your date with a fun dish.
5) Go fly a kite (just don't tell your date that or he/she may get offended...)
Cultural Dates:
1) Check out your city's indie bands. It's a great way to support local musicians and the cover is cheap.
2) Go see live comedy. Even if it stinks, you'll still laugh.
3) See an old film at a repertory movie house.
4) Attend a lecture or a workshop on a topic that you're both interested in learning more about.
5) Enjoy a gallery or museum together (many galleries even have pay what you can).
When planning your next date, remember that you can have fun without spending lots of money. Instead of succumbing to a lavish dating routine, substitute the ordinary extravagance with one of my creative options.
For instance, think of all the favorite dates you've experienced. I'm guessing some of them were memorable moments that didn't cost you a lot of money. As long as a date features an activity you and your date enjoy together, there's no need to splurge for every occasion.
I've devised a simple list of 20 date ideas for under 20 dollars.
Adventurous Dates:
1) Play tourist in your city for a day. Buy a guidebook and discover interesting walking tours.
2) If you and your date enjoy photography, pack your cameras and go on a photography adventure together.
3) Dine at an affordable restaurant offering Eastern cuisine -- like Chinese or Indian -- and enjoy a cheaper and more exotic meal than your usual date fare.
4) Check out your local paper or the Internet for free events or festivals in your area.
5) Visit your city's famous landmarks that you probably take for granted or haven't seen since you were a little kid!
Romantic Dates:
1) Hang out at a cozy or charming cafe for a dessert and a drink.
2) Meet for a glass of wine at a wine bar in an interesting area before taking a stroll in the neighborhood.
3) If you've hung out a few times... invite your date over and make a gourmet pizza together.
4) Take a Salsa dance class, which is often cheap or free.
5) Rent a rowboat with your date on a sunny day.
Outdoor Dates:
1) Go on a bike ride or walk that includes a destination offering ice cream or a cold drink.
2) Shoot hoops, play frisbee, or rollerblade. Sports are great for competitive flirting!
3) If one or both of you have a dog, visit a dog park together.
4) Plan a picnic. Impress your date with a fun dish.
5) Go fly a kite (just don't tell your date that or he/she may get offended...)
Cultural Dates:
1) Check out your city's indie bands. It's a great way to support local musicians and the cover is cheap.
2) Go see live comedy. Even if it stinks, you'll still laugh.
3) See an old film at a repertory movie house.
4) Attend a lecture or a workshop on a topic that you're both interested in learning more about.
5) Enjoy a gallery or museum together (many galleries even have pay what you can).
When planning your next date, remember that you can have fun without spending lots of money. Instead of succumbing to a lavish dating routine, substitute the ordinary extravagance with one of my creative options.
Monday, March 31, 2008
Transfer ownership of strata titles or be fined June 23, 2007
Transfer ownership of strata titles or be fined June 23, 2007
When one condo unit owner was asked on why she has not taken action to transfer the strata title for her unit from the developer to herself, she replied that she has not decided to whom or the charity organization she wants the property to be registered in. This is an extreme case of naivety when this particular owner thinks there she can take her own sweet time to affect the transfer. Other owners gave excuses of not having prepared the cash for the transfer costs, while some say there are in the process of selling their units.
The good news for developers and management corporations tired of owners taking their time to transfer ownership of strata titles is that the Strata Titles Act, 1985 has been amended to include a deadline for such transfers as well as making it an offence for non-compliance.
This is the newly included section in the Strata Titles Act, 1985 from 1st April, 2007 (the operation date of the Strata Titles (Amendment) Act 2007):
40A. Transfer of ownership of strata titles
(1) Any original proprietor or any person or body appointed by a court of competent jurisdiction shall execute the transfer of strata titles to the parcel proprietors within twelve months from the date of issue of strata titles by the Land Administrator or any extended period approved by the Director upon the opening of the strata register.
(2) Any purchaser shall execute complete documents of transfer of strata titles within twelve months or any extended period approved by the Director from the date of notice of transfer of strata titles issued by the original proprietor or from the date of purchase of the parcel, whichever is the later.
(3) Any original proprietor or any person or body appointed by a court of competent jurisdiction or any purchaser who fails to comply with subsection (1) or (2) shall be guilty of an offence and shall, on conviction, be liable to a fine of not less than one thousand ringgit and not more than ten thousand ringgit per parcel.
As you can see from the above, the purchaser and also the original proprietor (developer or land owner) shall be guilty of an offence liable to fines of RM1,000 to RM10,000 per parcel (f convicted) if the transfers are not executed within the stipulated period. This is reason enough for owners to quickly execute the transfer once they have received the notice of the issuance of strata titles from the developer.
How do you know when strata titles are issued?
For primary properties, the strata titles are first issued to the developer or land proprietor. Once issued, the developer will write to inform the purchaser, the purchaser's solicitor as well as the end financier. Normally, the notice will include instructions on the developer's solicitor's information, amounts to be paid or utility deposits to be transferred as well as a copy of the title and accessory parcel (if any).
What is the process to transfer the ownership of strata title?
1
Developer and purchaser sign Memorandum of Transfer ('MOT') form (Form 14A, National Land Code)
2
Lawyer sends MOT to Stamp Office for adjudication to ascertain how much stamp duty is to be paid. Stamp Office then stamps MOT for a nominal value of RM10.00 (being adjudication fee) and returns MOT to lawyer.
3
Valuation Department then values property and informs Stamp Office of valuation amount. Stamp Office then issues the notice (PDS 14) of the stamp duty payable based on the said valuation. Lawyer collects stamp duty from purchaser and proceeds to stamp MOT. A penalty is imposed if the instrument is not stamped within the stipulated 30 days from the date of the notice.
4
After stamping MOT, lawyer presents the MOT and charge instrument (Form 16A) (for properties charged to a bank), to the Land Registry/Office for registration. On presentation, a presentation number would be allocated. It would take an approximate 6 to 9 months or earlier with the recent implementation of the Computerization System of Strata Titles.
5
Once the transfer is registered, you would receive the strata title from your lawyer. If the property is charged to a bank, the title would be sent to the bank. You should get a photocopy of the title from the lawyer for your record.
What are the documents that you must provide to your lawyer?
1. Copies of all present and previous Sale & Purchase Agreements (if you are not the first purchaser, to show proof that you are the last buyer in the chain).
2. Copies of present and previous Loan Agreement, Deed of Assignment, Deed of Receipt and Re-assignment (if any).
3. Strata Title (from the developer)
4. Current year quit rent receipt.
5. Current year assessment receipt.
What is the estimate amount to set aside for the effectual transfer process?
Normally, the two main cost of the transfer is the stamp duty and the legal fees shown below.
The stamp duty is a revenue payable when an application is made to register changes to a certificate of title or ownership.
1. How stamp duty is calculated
On the first RM100,000 RM1.00 for every RM100 or fractional part of RM100
On any amount in excess of RM100,000 but not exceeding RM500,000 RM2.00 for every RM100 or fractional part of RM100
On any amount in excess of RM500,000 RM3.00 for every RM100 or fractional part of RM100
This means if your property value is RM60,000 the stamp duty would be RM600 and for a property valued at RM350,000 the stamp duty would be RM6,000. There usually is a time lapsed from the purchase till the issuance of the strata titles. At the time of transfer, direct purchasers from developers usually pay the consideration value (the purchase price) of the property, whereas subsequent purchasers would have paid the stamp duty based on market value adjudicated by the Valuation Department.
For purchasers who have paid the full duties on the Deed of Assignment in sub-sale agreements, the stamp duty is a nominal sum of RM10.00. This has to be verified by the Stamp Office from the Deed of Assignment bearing the original stamped impression which also carries a serial number.
2. How legal fees for transfer of ownership of strata title is calculated
Consideration or Adjudicated Value; 1.Scale of Fees; 2.Purchases under the Housing Development (Control & Licensing) Act ; Transfer legal fees (if using same SPA lawyer); Transfer legal fees (if using a lawyer who is not the SPA lawyer)
For the first RM 150,000 1.0 % (minimum fee RM300) 25% of applicable scale fee from either Column 1 or 2 (subject to a minimum of RM200) 50% of applicable scale fee from either Column 1 or 2 (subject to a minimum of RM200)
Next RM850,000 0.7%
Next RM2,000,000 0.6%
Next RM2,000,000 0.5%
Next RM2,000,000 0.4%
More than RM7,500,00 Negotiable (but shall not exceed 0.4%)
RM45,000 or below RM250
RM45,001 to RM100,000 75% of scale fee
RM100,001 to RM500,000 70% of scale fee
RM500,001 and above 65% of scale fee
Note: The table above is compiled from the Solicitors Remuneration Order 2006 under the Legal Profession Act 1976. The fees might change so it is best that you check with your lawyer or the Malaysian Bar Council at www.malaysianbar.org.my on the latest updated Order.
As an example for a property valued at RM350,000 (bought from a housing developer) the legal fees for transfer using the same Sale & Purchase Agreement transaction lawyer would be RM656.25.
What happens after the strata title is registered in your name?
You are now the legal owner of the property. The developer will have to call for the First Annual General Meeting when an estimate one-quarter of the total owners have transferred the ownership of strata titles. This meeting marks the day, the developer hand over the ownership of the common property and land to the Management Corporation (MC) as well as relinquish control of the management & maintenance to the MC represented by the Management Council elected from members of the MC.
The National House Buyers Association (HBA) is a voluntary, non-governmental organization manned by unpaid volunteers. For more information, check out their website at http://www.hba.org.my
When one condo unit owner was asked on why she has not taken action to transfer the strata title for her unit from the developer to herself, she replied that she has not decided to whom or the charity organization she wants the property to be registered in. This is an extreme case of naivety when this particular owner thinks there she can take her own sweet time to affect the transfer. Other owners gave excuses of not having prepared the cash for the transfer costs, while some say there are in the process of selling their units.
The good news for developers and management corporations tired of owners taking their time to transfer ownership of strata titles is that the Strata Titles Act, 1985 has been amended to include a deadline for such transfers as well as making it an offence for non-compliance.
This is the newly included section in the Strata Titles Act, 1985 from 1st April, 2007 (the operation date of the Strata Titles (Amendment) Act 2007):
40A. Transfer of ownership of strata titles
(1) Any original proprietor or any person or body appointed by a court of competent jurisdiction shall execute the transfer of strata titles to the parcel proprietors within twelve months from the date of issue of strata titles by the Land Administrator or any extended period approved by the Director upon the opening of the strata register.
(2) Any purchaser shall execute complete documents of transfer of strata titles within twelve months or any extended period approved by the Director from the date of notice of transfer of strata titles issued by the original proprietor or from the date of purchase of the parcel, whichever is the later.
(3) Any original proprietor or any person or body appointed by a court of competent jurisdiction or any purchaser who fails to comply with subsection (1) or (2) shall be guilty of an offence and shall, on conviction, be liable to a fine of not less than one thousand ringgit and not more than ten thousand ringgit per parcel.
As you can see from the above, the purchaser and also the original proprietor (developer or land owner) shall be guilty of an offence liable to fines of RM1,000 to RM10,000 per parcel (f convicted) if the transfers are not executed within the stipulated period. This is reason enough for owners to quickly execute the transfer once they have received the notice of the issuance of strata titles from the developer.
How do you know when strata titles are issued?
For primary properties, the strata titles are first issued to the developer or land proprietor. Once issued, the developer will write to inform the purchaser, the purchaser's solicitor as well as the end financier. Normally, the notice will include instructions on the developer's solicitor's information, amounts to be paid or utility deposits to be transferred as well as a copy of the title and accessory parcel (if any).
What is the process to transfer the ownership of strata title?
1
Developer and purchaser sign Memorandum of Transfer ('MOT') form (Form 14A, National Land Code)
2
Lawyer sends MOT to Stamp Office for adjudication to ascertain how much stamp duty is to be paid. Stamp Office then stamps MOT for a nominal value of RM10.00 (being adjudication fee) and returns MOT to lawyer.
3
Valuation Department then values property and informs Stamp Office of valuation amount. Stamp Office then issues the notice (PDS 14) of the stamp duty payable based on the said valuation. Lawyer collects stamp duty from purchaser and proceeds to stamp MOT. A penalty is imposed if the instrument is not stamped within the stipulated 30 days from the date of the notice.
4
After stamping MOT, lawyer presents the MOT and charge instrument (Form 16A) (for properties charged to a bank), to the Land Registry/Office for registration. On presentation, a presentation number would be allocated. It would take an approximate 6 to 9 months or earlier with the recent implementation of the Computerization System of Strata Titles.
5
Once the transfer is registered, you would receive the strata title from your lawyer. If the property is charged to a bank, the title would be sent to the bank. You should get a photocopy of the title from the lawyer for your record.
What are the documents that you must provide to your lawyer?
1. Copies of all present and previous Sale & Purchase Agreements (if you are not the first purchaser, to show proof that you are the last buyer in the chain).
2. Copies of present and previous Loan Agreement, Deed of Assignment, Deed of Receipt and Re-assignment (if any).
3. Strata Title (from the developer)
4. Current year quit rent receipt.
5. Current year assessment receipt.
What is the estimate amount to set aside for the effectual transfer process?
Normally, the two main cost of the transfer is the stamp duty and the legal fees shown below.
The stamp duty is a revenue payable when an application is made to register changes to a certificate of title or ownership.
1. How stamp duty is calculated
On the first RM100,000 RM1.00 for every RM100 or fractional part of RM100
On any amount in excess of RM100,000 but not exceeding RM500,000 RM2.00 for every RM100 or fractional part of RM100
On any amount in excess of RM500,000 RM3.00 for every RM100 or fractional part of RM100
This means if your property value is RM60,000 the stamp duty would be RM600 and for a property valued at RM350,000 the stamp duty would be RM6,000. There usually is a time lapsed from the purchase till the issuance of the strata titles. At the time of transfer, direct purchasers from developers usually pay the consideration value (the purchase price) of the property, whereas subsequent purchasers would have paid the stamp duty based on market value adjudicated by the Valuation Department.
For purchasers who have paid the full duties on the Deed of Assignment in sub-sale agreements, the stamp duty is a nominal sum of RM10.00. This has to be verified by the Stamp Office from the Deed of Assignment bearing the original stamped impression which also carries a serial number.
2. How legal fees for transfer of ownership of strata title is calculated
Consideration or Adjudicated Value; 1.Scale of Fees; 2.Purchases under the Housing Development (Control & Licensing) Act ; Transfer legal fees (if using same SPA lawyer); Transfer legal fees (if using a lawyer who is not the SPA lawyer)
For the first RM 150,000 1.0 % (minimum fee RM300) 25% of applicable scale fee from either Column 1 or 2 (subject to a minimum of RM200) 50% of applicable scale fee from either Column 1 or 2 (subject to a minimum of RM200)
Next RM850,000 0.7%
Next RM2,000,000 0.6%
Next RM2,000,000 0.5%
Next RM2,000,000 0.4%
More than RM7,500,00 Negotiable (but shall not exceed 0.4%)
RM45,000 or below RM250
RM45,001 to RM100,000 75% of scale fee
RM100,001 to RM500,000 70% of scale fee
RM500,001 and above 65% of scale fee
Note: The table above is compiled from the Solicitors Remuneration Order 2006 under the Legal Profession Act 1976. The fees might change so it is best that you check with your lawyer or the Malaysian Bar Council at www.malaysianbar.org.my on the latest updated Order.
As an example for a property valued at RM350,000 (bought from a housing developer) the legal fees for transfer using the same Sale & Purchase Agreement transaction lawyer would be RM656.25.
What happens after the strata title is registered in your name?
You are now the legal owner of the property. The developer will have to call for the First Annual General Meeting when an estimate one-quarter of the total owners have transferred the ownership of strata titles. This meeting marks the day, the developer hand over the ownership of the common property and land to the Management Corporation (MC) as well as relinquish control of the management & maintenance to the MC represented by the Management Council elected from members of the MC.
The National House Buyers Association (HBA) is a voluntary, non-governmental organization manned by unpaid volunteers. For more information, check out their website at http://www.hba.org.my
Saturday, January 26, 2008
穷人致富秘诀披露
投资致富的先决条件是将资产投资于高报酬率的投资标的上。而存放在银行无异于虚耗光阴，浪费资源。 穷人之所以穷，很多时候不是因为没有梦想，而是没有去把梦想变成现实。
有1万元钱，5个人分，每人可得2000元，谁也不穷，谁也不富。要是其中的两个人用自己的2000元去做生意，每人又赚了1万元，那么这个社会的财富总量就达到了3万元。而其中的两个富人拥有2.4万元，占80％，三个穷人拥有6000元，占20％。
在这种情况下，我们能说三个穷人'穷了'是因为两个富人'富了'吗？不能。因为两个富人的'富'来自于社会财富的'增量'，而不是从另三个人手中夺取的'存量'。
不仅如此，两个富人在给自己创造财富的同时，也给三个穷人增加了就业机会和劳动收入。那样，在两个富人每人的财富总额达到1.2万元的时候，三个穷人每人的财富也就可能不再是2000元，而是3000元或者5000元。
法国有位贫穷的年轻人，经过十年的艰苦奋斗，终于成为媒体大亨，跻身于法国50名大富翁之列。1998年他去世，将自己的遗嘱刊登在当地报纸上，说：我也曾是穷人，知道'穷人最缺少的是什么'的人，将得到100万法郎的奖赏。几乎有两万人争先恐后地寄来了自己的答案。答案五花八门。大部分的人认为，穷人最缺少的是金钱。另一部分人认为，穷人最缺少的是机会、技能……但没有人答对。一年后，他的律师公开了答案：'穷人最缺少的，是成为富人的野心！'
这个谜底震动了欧美，几乎所有的富人都予以认可，说出了自己成为富人的关键所在。这里说的'野心'，准确地说，应该是我们常讲的'雄心壮志'。我们难以设想，一个心志不高的人，一个没有远大目标的人，连一张蓝图都没有的人，能够创造出什么奇迹。
通常对富人之所以能致富，较负面的想法是认为他们运气好或从事不正当的行业；较正面的想法是认为他们更努力或克勤克俭。但万万没想到，真正的原因在于他们的理财习惯不同。投资致富的先决条件是将资产投资于高报酬率的投资标的上。而存放在银行无异于虚耗光阴，浪费资源。 我小时候5分钱买一支小豆雪糕，现在最便宜的雪糕是一元钱一支，这20年时间'同档次'的雪糕价钱涨了20倍。如果把这笔钱存在银行并要求它保持购买力不变的话，就要求银行的每年单利是100％左右，哪个银行有这样的利息？
穷人的钱不是资本。一个人用100元钱买了50双拖鞋，再拿到地摊上，每双卖3元，一共卖得150元。另一个人很穷，每个月都要从社会福利局领取100元的生活补贴，他全部用来买大米和油盐。换种方式，每个月给穷人200元，让他可以用余下的100元去做卖拖鞋的生意，一个月下来就有150元；下个月还给他200元，他就可以用250元来买卖拖鞋，又可赚125元；到第三个月，这个穷人手里已经有了375元，除去100元生活费，还有275元资本金，你不用再给他任何救济了……但实际上，很多穷人不会按你给他安排的道路前进。你给他100元，他会去买米；给他200元，他会去买酒买肉；给他500元，他会去买件好衣服，最后只剩下10元也要买几注彩票。哪怕你给他100万元，他也想立刻把钱变成房子、车子，风风光光地去兜风，好让所有人都知道他已经不是穷人了……穷人不仅是没有资本，更可悲的是没有资本意识。有个人很穷，一个富人可怜他，想帮他致富。富人送给他一头牛，嘱咐他好好开荒，春天撒下种子，秋天就可以脱离贫穷。穷人满怀希望开始奋斗。可是没过几天，牛要吃草，人要吃饭，日子比过去还难。于是他想，不如把牛卖了，买几只羊，先杀一只吃，剩下的可以生小羊，长大可以卖更多的钱。
穷人的计划如愿以偿。只是吃了一只羊之后，小羊迟迟没有生下来，日子又艰难了，忍不住又吃了一只。穷人想，这样下去不行，不如把羊卖了买些鸡，鸡生蛋的速度要快些，日子立刻能好转。
穷人的计划又如愿以偿，但是日子并没有改变。艰难时，他又忍不住杀鸡，终于杀到只剩一只鸡时，穷人的理想彻底崩溃。心想，致富是无望了，不如把鸡卖了，打壶酒，一醉解千愁。
春天来了，富人兴致勃勃送来种子，发现穷人醉卧在地上，依然一贫如洗。富人转身走了，穷人继续贫穷。
很多穷人都有过梦想，甚至有过机遇，有过行动，但最终没能坚持到底。
Wednesday, November 14, 2007
Rich Man, Poor Man.
MAKING MONEY: The most popular piece I've published in 40 years of writing these Letters was entitled, "Rich Man, Poor Man." I have had dozens of requests to run this piece again or for permission to reprint it for various business organizations.
Making money entails a lot more than predicting which way the stock or bond markets are heading or trying to figure which stock or fund will double over the next few years. For the great majority of investors, making money requires a plan, self-discipline and desire. I say, "for the great majority of people" because if you're a Steven Spielberg or a Bill Gates you don't have to know about the Dow or the markets or about yields or price/earnings ratios. You're a phenomenon in your own field, and you're going to make big money as a by-product of your talent and ability. But this kind of genius is rare.
For the average investor, you and me, we're not geniuses so we have to have a financial plan. In view of this, I offer below a few items that we must be aware of if we are serious about making money.
Rule 1: Compounding: One of the most important lessons for living in the modern world is that to survive you've got to have money. But to live (survive) happily, you must have love, health (mental and physical), freedom, intellectual stimulation -- and money. When I taught my kids about money, the first thing I taught them was the use of the "money bible." What's the money bible? Simple, it's a volume of the compounding interest tables.
Compounding is the royal road to riches. Compounding is the safe road, the sure road, and fortunately, anybody can do it. To compound successfully you need the following: perseverance in order to keep you firmly on the savings path. You need intelligence in order to understand what you are doing and why. And you need a knowledge of the mathematics tables in order to comprehend the amazing rewards that will come to you if you faithfully follow the compounding road. And, of course, you need time, time to allow the power of compounding to work for you. Remember, compounding only works through time.
But there are two catches in the compounding process. The first is obvious -- compounding may involve sacrifice (you can't spend it and still save it). Second, compounding is boring -- b-o-r-i-n-g. Or I should say it's boring until (after seven or eight years) the money starts to pour in. Then, believe me, compounding becomes very interesting. In fact, it becomes downright fascinating!
In order to emphasize the power of compounding, I am including this extraordinary study, courtesy of Market Logic, of Ft. Lauderdale, FL 33306. In this study we assume that investor (B) opens an IRA at age 19. For seven consecutive periods he puts $2,000 in his IRA at an average growth rate of 10% (7% interest plus growth). After seven years this fellow makes NO MORE contributions -- he's finished.
A second investor (A) makes no contributions until age 26 (this is the age when investor B was finished with his contributions). Then A continues faithfully to contribute $2,000 every year until he's 65 (at the same theoretical 10% rate).
Now study the incredible results. B, who made his contributions earlier and who made only seven contributions, ends up with MORE money than A, who made 40 contributions but at a LATER TIME. The difference in the two is that B had seven more early years of compounding than A. Those seven early years were worth more than all of A's 33 additional contributions.
This is a study that I suggest you show to your kids. It's a study I've lived by, and I can tell you, "It works." You can work your compounding with muni-bonds, with a good money market fund, with T-bills or say with five-year T-notes.
Rule 2: DON'T LOSE MONEY: This may sound naive, but believe me it isn't. If you want to be wealthy, you must not lose money, or I should say must not lose BIG money. Absurd rule, silly rule? Maybe, but MOST PEOPLE LOSE MONEY in disastrous investments, gambling, rotten business deals, greed, poor timing. Yes, after almost five decades of investing and talking to investors, I can tell you that most people definitely DO lose money, lose big time -- in the stock market, in options and futures, in real estate, in bad loans, in mindless gambling, and in their own business.
RULE 3: RICH MAN, POOR MAN: In the investment world the wealthy investor has one major advantage over the little guy, the stock market amateur and the neophyte trader. The advantage that the wealthy investor enjoys is that HE DOESN'T NEED THE MARKETS. I can't begin to tell you what a difference that makes, both in one's mental attitude and in the way one actually handles one's money.
The wealthy investor doesn't need the markets, because he already has all the income he needs. He has money coming in via bonds, T-bills, money market funds, stocks and real estate. In other words, the wealthy investor never feels pressured to "make money" in the market.
The wealthy investor tends to be an expert on values. When bonds are cheap and bond yields are irresistibly high, he buys bonds. When stocks are on the bargain table and stock yields are attractive, he buys stocks. When real estate is a great value, he buys real estate. When great art or fine jewelry or gold is on the "give away" table, he buys art or diamonds or gold. In other words, the wealthy investor puts his money where the great values are.
And if no outstanding values are available, the wealthy investors waits. He can afford to wait. He has money coming in daily, weekly, monthly. The wealthy investor knows what he is looking for, and he doesn't mind waiting months or even years for his next investment (they call that patience).
But what about the little guy? This fellow always feels pressured to "make money." And in return he's always pressuring the market to "do something" for him. But sadly, the market isn't interested. When the little guy isn't buying stocks offering 1% or 2% yields, he's off to Las Vegas or Atlantic City trying to beat the house at roulette. Or he's spending 20 bucks a week on lottery tickets, or he's "investing" in some crackpot scheme that his neighbor told him about (in strictest confidence, of course).
And because the little guy is trying to force the market to do something for him, he's a guaranteed loser. The little guy doesn't understand values so he constantly overpays. He doesn't comprehend the power of compounding, and he doesn't understand money. He's never heard the adage, "He who understands interest -- earns it. He who doesn't understand interest -- pays it." The little guy is the typical American, and he's deeply in debt.
The little guy is in hock up to his ears. As a result, he's always sweating -- sweating to make payments on his house, his refrigerator, his car or his lawn mower. He's impatient, and he feels perpetually put upon. He tells himself that he has to make money -- fast. And he dreams of those "big, juicy mega-bucks." In the end, the little guy wastes his money in the market, or he loses his money gambling, or he dribbles it away on senseless schemes. In short, this "money-nerd" spends his life dashing up the financial down-escalator.
But here's the ironic part of it. If, from the beginning, the little guy had adopted a strict policy of never spending more than he made, if he had taken his extra savings and compounded it in intelligent, income-producing securities, then in due time he'd have money coming in daily, weekly, monthly, just like the rich man. The little guy would have become a financial winner, instead of a pathetic loser.
RULE 4: VALUES: The only time the average investor should stray outside the basic compounding system is when a given market offers outstanding value. I judge an investment to be a great value when it offers (a) safety; (b) an attractive return; and (c) a good chance of appreciating in price. At all other times, the compounding route is safer and probably a lot more profitable, at least in the long run.
