Monday, September 18, 2006

Hoping to get rich....next month

I hope I can get rich next month. I really hope so. Deepavali coming, Hari Raya coming, Ms.Dinner Date's Bday coming.

So, as it is happening around my work place now, we have been officially bought over by another firm in March and effectively we are closing down this month end. No more "XXX". Is it good or bad? I don't know, hopefully good. Life twists and turns when we expect the least but it always realigns our perspection on matters, our goals and etc.

Due to this closing down, I get to collect all my AWSs (Annual Wage Salary) that I have been saving all this while in company's account. I didn't want to withdraw a single cent out of it as it might slip out my fingers without me knowing it. I know some of you would says I should have inest it. Thanks but no thanks. The previous times I got hold of my AWSs (in 2000) I used it to pay the debt I owe a security firm due to losses I incurred via stock trading. It was gone the next day I received it.

NOT THIS TIME! I took the deliberate and calculated step not to take out the money, and my last count shows I should have saved 5-digit figure in SGD. I'm not going to convert to RM quickly, I will wait for a good exchange rate before doing so.

As of today, the exchange rate is SGD 1 = RM 2.32465. That is high compared to what we have been seeing for the past few months. But, I believe the RM will continue to fall down further. Why?

Simple, the feud between Tun and PM is causing it to fall, and that is just one of the major reasons.
Other reasons could be :-

i) RM 20mil investment in YABby Club which includes security upgrade at Sri Perdana. This is happening when majority of Malaysians (including me) complaining about the price hike in almost everything around us.

ii) New IGP in charge. This means we will see more protest happening in Malaysia. Hopefuly Tan Sri Musa Hassan can bring everything under control, but not in this calendar year, definitely. The changes he tries to implement will cause a lot of chaos, I believe. But he seems to be the MAN to take control.

iii) How on earth a banking company will survive if it cant even get the facts out of Secondary 3 History text book right? GOK! Definitely not a good sign of good investement!

iv) Finally, less bread consumption in Malaysia over the next 1 - 2 months will bring the RM lower! WIll it? I don't know.

* ALL THESE VIEWS ARE MY PERSONAL VIEW NOT MEANT TO BE USED AS A PROPAGANDA BY ANY MEANS. MY VIEW MAY NOT EVEN BE ACCURATE AND IT IS BEST TO READ AND FORGET IT!



So, will I get rich? Of will I die trying? Only 50cent can answer this.

3 Comments:

At September 19, 2006 9:50 am, Blogger pu1pu3 said...

bestnya!wish it was me coz we sure need lots of money to move into our new home..sigh!

 
At September 19, 2006 9:26 pm, Blogger Indian Bluff said...

Hey Gustic,

Sorry to hear about what happened at your work place,hope a new job will find u soon !

If u ask me, will u get rich or will u die trying in the process ?

It sure worth dying for trying, cos at least u did try, in my most humble opinion...;)

Best Wishes.

Sameera
indian sarees

 
At September 20, 2006 11:45 am, Blogger Gusti Adipati said...

pu1pu3,
at least u dah ade rumah...i belum tgk pun...

Sameera,
Thanks a lot for your wishes...
i can see that u are 'trying'.
Good luck with your Saree business....i hope thats wat u r doing...

 

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