Beauty is a depreciating ASSET!

Sory girls, it is not a whole truth but often, with money we, guys can obtain almost anything... it is a sad old lame truth, but if you're not available, there will be MANY more out there thats willing.
-----------------------------------------------------------------
This article sent to me by my very kind Uncle John whose always been wonderful friend of mine and a good discussion partner to entertain my stay when i travel south... thQ .
-----------------------------------------------------------------

What am I doing wrong?

Okay, I'm tired of beating around the bush. I'm a beautiful

(spectacularly beautiful) 25 year old girl. I'm articulate and classy. I'm not from New

York. I'm looking to get married to a guy who makes at least half a

million a year. I know how that sounds, but keep in mind that a million

a year is middle class in New York City, so I don't think I'm

overreaching at all.

Are there any guys who make 500K or more on this board? Any wives? Could

you send me some tips? I dated a business man who makes average around

200 - 250. But that's where I seem to hit a roadblock. 250,000 won't get

me to central park west. I know a woman in my yoga class who was married

to an investment banker and lives in Tribeca, and she's not as pretty as

I am, nor is she a great genius. So what is she doing right? How do I

get to her level?

Here are my questions specifically:

• Where do you single rich men hang out? Give me specifics- bars, restaurants, gyms
• What are you looking for in a mate? Be honest guys, you won't hurt my feelings
• Is there an age range I should be targeting (I'm 25)?
• Why are some of the women living lavish lifestyles on the upper east side so plain? I've seen really 'plain jane' boring types who have nothing to offer married to incredibly wealthy guys. I've seen drop dead gorgeous girls in singles bars in the east village. What's the story there?
• Jobs I should look out for? Everyone knows - lawyer, investment banker, doctor. How much do those guys really make? And where do they hang out?
• Where do the hedge fund guys hang out?
• How do you decide marriage vs. just a girlfriend? I am looking for MARRIAGE ONLY

Please hold your insults - I'm putting myself out there in an honest way.

Most beautiful women are superficial; at least I'm being up front about it.

I wouldn't be searching for these kind of guys if I wasn't able to match

them - in looks, culture, sophistication, and keeping a nice home and

hearth.

it's NOT ok to contact this poster with services or other commercial

interests

PostingID: 432279810

THE ANSWER

Dear Pers-431649184:

I read your posting with great interest and have thought meaningfully

about your dilemma. I offer the following analysis of your predicament.

Firstly,

I'm not wasting your time, I qualify as a guy who fits your bill; that

is I make more than $500K per year. That said here's how I see it.

Your offer, from the prospective of a guy like me, is plain and simple a

crappy business deal. Here's why. Cutting through all the B.S., what you

suggest is a simple trade: you bring your looks to the party and I bring

my money. Fine, simple. But here's the rub, your looks will fade and my

money will likely continue into perpetuity...in fact, it is very likely

that my income increases but it is an absolute certainty that you won't

be getting any more beautiful!

So, in economic terms you are a depreciating asset and I am an earning

asset. Not only are you a depreciating asset, your depreciation

accelerates!

Let me explain, you're 25 now and will likely stay pretty hot for the

next 5 years, but less so each year. Then the fade begins in earnest. By

35 stick a fork in you!

So in Wall Street terms, we would call you a trading position, not a buy

and hold...hence the rub...marriage. It doesn't make good business sense

to "buy you" (which is what you're asking) so I'd rather lease. In case

you think I'm being cruel, I would say the following. If my money were

to go away, so would you, so when your beauty fades I need an out. It's

as simple as that.

So a deal that makes sense is dating, not marriage.

Separately, I was taught early in my career about efficient markets. So,

I wonder why a girl as "articulate, classy and spectacularly beautiful"

as you has been unable to find your sugar daddy. I find it hard to

believe that if you are as gorgeous as you say you are that the $500K

hasn't found you, if not only for a tryout.

By the way, you could always find a way to make your own money and then

we wouldn't need to have this difficult conversation.

With all that said, I must say you're going about it the right way.

Classic "pump and dump." I hope this is helpful, and if you want to enter into

some sort of lease, let me know.

--------------------------------------------------------

Yes, Education Counts!!

I wrote this email to both of my brothers a few weeks back after stock market rebounds from the black August recently,
Note, that there is 2 ways to build wealth, one is through Capital gain and the other is through cash flow.
-----------------------------------------------------------------------------

Everyone wonders,

OMG, JSX is breaking 2500 marks, ASX breaking 6700 marks, Hangseng and SHANGHAI never GOES DOWN
It has been 5 days that Hangseng n Shanghai been hitting RECORD HIGH EVERYDAY...
Are they crazy?
Dow is now on a journey to break 14.100 marks and create a new high soon expected.

Well,
Always as always,
when people make money, and they see they are "in the money" (profit), they will go greedy.
Holding beyond the reason why they buy and not selling beyond their greed ego.
They have gotten the idea "I am right" this time!!!
I know how to do it!!! I am right!!
Do you?
if you do, give me statistic then. if your statistic is just above 50%,
we will just have to increase the frequency of your trading to make more money right?
Doesnt seem you're that confident on your formula now... was ur winning a MERE LUCK?
NO..... but its not yet an applicable formula
There are people in the business for 40 years ,
Be respectful towards the market, Whatever it is EDUCATION
Educate yourself, opportunity comes and goes.
But then , they who are prepared will will awarded.

Long time ago, before i arrived in KL, i made a deal over a phone and email to acquire a room in Lagoonview Condo when i was in Ozzie.
All payment goes through internet banking and alot of stuffs to learn.
I bet 99% students whatever their major is would not know ways to do fund transfer overseas
lets do a test,
What is the difference between, draft, TT, western union, and other method of transfer?
this is an easy question, i havent ask you the fund transfer regulation on each country yet... he3x....

So, returning back, that i get the master room way before i even step at KL.
I have a wonderful housemate that it is unfortunate that they smoke. after about 8 months
2 of them decides to move out to other unit which they can smoke freely. and 2 brother and sister replaces them.
After 4 months, i initiate to take over the whole condo on my own by approaching the agent and owner.
never to do this, this idea allows me to save 100 ringgit/month and 150/month now on my own rental (basically it goes to my pocket hehehe)
over a year, it is a profit of nearly 1500 in a year... not bad for doing nothing more than collecting rental.

Trying for next half year with no luck finding a condo to rent out for income... but

Well, on July, after learning how to handle a condo and a contract and to approach negotiate. Opportunity comes.
I move FAST.. real fast with my younger brother, with our wonderful team work, we secure a deal
RM3550 rental/month ( i believe higher ever rental in Lagoonview ever paid)
We work hard, smart and fast... in about 5 days ONLY we have tenants filling the Unit and about 15 other people looking for room afterwards
WOW, supply is very limited. Demand is HUGE!

Well, currently we are making 250/month,.. soon my younger brother will be making 300ringgit/month passive income ++ for the next 2 years fix contract.
First month is a hard work, lots of things to do, catch up and paper work.... after 2 months, its just a visit once a few days...
Good money good money hehehe
Well, you need no capital to make money, you need not to buy a property to rent it out... ha3x,... imagine
to get 300 ringgit/month i need 100,000 ringgit in Fix deposit in malaysia (3.25% per year FD interest)

Well, now, with my experience managing new unit and reputation well preserved within the agents managing 2 units
We are ready if ANY opportunity arrives.
currently a healthy 400 ringgit/month flows... I plan to INHERIT more to my younger brother

But, remember this,.. it is not about the money..
you can always find the money,
but your preparation on contract, negotiation details, background check
how good is your team,... will differentiate yourself
in malaysia it takes 100,000 ringgit++ to make 400/month in FD,
this asset worth 100,000 ringgit!!

EDUCATE YOURSELF! Money will follow its master NOT the SLAVE OF MONEY.

Regards,

KenZ

Sunway Property investment Part-3: South Quay

Please note:
Author does not invest in malaysia property market, nor believe in the viability and capability of Malaysian's economy to give a promising return. However Author invest and trade in other countries while considering malaysia as one of its option.

Well, many people does concern on the status of the land being "Ex-tin Mining" . Modern Girl warns on the land that is about 10-20 meters below the sea water level.
Again, well
I will say they're about 10 meters under ground for the bungalows, but mostly for the high rise structures are situated about 5 meter below the surface area.
I also mentioned that the project will be a huge one that will have a capital expenditure and valuation between RM5.5 to 6Billion in which sunway has never been involved in a project of such a scale. The capital expenditure itself match a world class casino facility or world class themepark. However, this is not a single unit structure, this is an integrated living environment sold as a "Lake view" piece of property therefore technically there should be none to doubt on Sunway's capability on building blocks of condos and luxurious bungalow and small shop lot around.

Of course there will be some concern and factors such a ex-mining land is pretty dangerous and Another of so on and so forth.

Please excuse me to remind you that this project is not expected to finish in 5 years. I expect it to only complete in about 5-10 years before taking a few more years to have it fully integrated.

Sunway City share price has been shooting up nearly 100% in the last one year, plus that they are going to have more funding through REITs of Sunway pyramid and some of their hotels and offices which will be valued at least RM 1 billion. this amount will give them an initial capital to run the project.

Currently they're starting to sell the Bungalow for RM3million++ and i did heard a rumour while speaking with one of the security guard that someone did pay 7million for a unit.
There are no less than 10 towers of "condo" like structure in their plan while they're negotiating with Mid Easter to sell one of their luxurious condo and Korean had actually paid for one of them.

Ok back to Land structure concern.... with initial 1-2billion Ringgit of funding from REITs alone, what will actually stop them? hmm, Almost nothing...

LET me give you some examples.

1. Singapore.
For at least the last 30 years Singapore has been building and expanding its island and its water territory by buying Sands mainly from Indonesia, Malaysia, Phillipine and anywhere it can get the scoup on.
Marina Bay: where one of the two casino of singapore going to be opened in 2010 IS INFACT built on sands that is compacted to expand the area of land. Well, Have you been around to see what is going on there now? If you open your eyes, there are at least 20 huge crains working 24 hours and 7 days a week there ????
What the hell are they doing???? Can they build casino on that "SAND" ????

Dont you think the operator is crazy to build a US$ 5 Billion (approx 16billion ringgit) of casino on a piece of land that was not there and made of compacted sands on the sea???
How about another 10 Hotels and Luxurius condominium that is selling for SGD 2500/Sq feet?
why are they buying ? Helllooooooooooo.........................................................................

2. Dubai

What you're seeing here is not a photoshop or any art work of IT or Art Student. THEY ARE REAL, they are a "MAN MADE ISLANDS"
So... how do they build "island" on something that was empty before,.. there must be land there.. or something...
Err.. NOPE... Humans creates those land out of the blue sea!!!
I think the rest should be your homework , on how much people are willing to pay for their "man made island" property......



Well simple advice... Get Educated, so HOPEFULLY, you won't miss an opportunity for not being able to comprehend the "marvels of engineers"...

Author has engineering background.

Sunway Property Investment part-2

Here are some of the project pictures

Sunway Property Investment part-1

Here is a few article on the Sunway City most aggressive project in Bandar Sunway, Petaling Jaya, Selangor.

It is called SOUTH QUAY (read: key), it will be build on "extreme park" which is an old ex-Tin mine. The main selling point of this Huge area is the "Lake" which is practically a "mining pool" ha3x...

But Sunway City has always been rated as one of TOP-3 best Malaysian's developer and from civil engineering point of view, malaysia is one of the most advance in the world if you're watching their Highway network and their civil engineering achievement.

I am still very green in Property investment as this kind of investment require a huge capital for entry point as I am foreigner that in many cases would prefer purchasing property in cash ( like i have the cash hahaha :P_)

I will update few pictures later after the following Articles from a few newspaper

---------------------------------------------------------------------------------

South Quay , Bandar Sunway

Sunway City on the way up again, April 23, 2007, The Edge
Ten years after the Asian financial crisis saddled Tan Sri Jeffrey Cheah's property development and investment arm Sunway City Bhd with a mountain of debt, the group's prospects are looking sunnier.

Cheah owns a 43.6% stake in Sunway City, while Government of Singapore Investment Corp has 24.3% and the Selangor State Economic Development Corp 6.2%. Sunway City's better outlook has not escaped the market's attention, especially over the past month.

Its share price, which was trading at about RM1.70 last November, hit RM3.10 on Feb 26. A market correction in end-February sent it down to RM2.35, but since then, it has shot up again, jumping 81% to close at RM4.46 last Wednesday.

Even with this significant rise, analysts reckon that there is more upside potential. The fair value they have accorded Sunway City is over RM5.60. Which begs the question: What does the market know now that it did not know two months ago about Sunway City's prospects?

The catalyst has been recent government incentives to boost the property sector. The real property gains tax has been abolished since April 1, while rules that govern the buying of property by foreigners have been relaxed. Foreigners are now allowed to take up to three property loans.

These measures augur well for Sunway City, which has a landbank of 3.1 billion acres, 70% of which are located in the KlangValley. Its flagship project is Sunway South Quay, which is situated on a 178-acre site in Bandar Sunway and has a gross development value (GDV) of RM3.7 billion.

"Sunway City aims to make South Quay the next hotspot for the upmarket and expatriates to stay," says an analyst.

The first phase, comprising 77 bungalows, will be launched in this quarter. A block of condominiums worth RM200 million has been sold to a South Korean party and the company is negotiating the sale of another block worth RM300 million.

Sunway City has strong equity partners for the project, which reduces the risk of the company not being able to complete the project. The Employees Provident Fund and Kuwait Finance House each own a 20% stake in Sunway South Quay while Sunway City indirectly owns the rest.

"Management is also working closely with Kuwait Finance House to market this project in the Middle East as there has been keen interest from buyers in that region for properties in Malaysia," says KAF-Seagroatt & Campbell Securities in a recent research report.

"The resort living lifestyle offered by the project, coupled with good location and accessibility, should garner good foreign interest," the report adds.

Sunway City's other high-end project is KL South, which is located on a 23-acre plot in Kuala Lumpur. KL South is a mixed commercial and residential project with a GDV of RM1.5 billion.

It will feature a shopping mall, apartments and shop offices. The project is being undertaken with the landowner on a 50:50 joint venture.

Sunway City's ongoing projects, including Sunway Damansara, Sunway SPK and Kiara Hills, have a total GDV of RM2.23 billion.

"The company's strategy to focus on high-end properties with strong partners for its major launches fits in well with the government's measures to boost the property sector," says an analyst.

Based on the upcoming launches, RHB Research Institute expects the company to achieve a compound annual growth rate of 15.6% over the next three financial years. The company's financial year-end is June 30.

The research house expects Sunway City to achieve earnings per share (EPS) of 29 sen in FY2007, 35.3 sen in FY2008 and 41.6 sen in FY2009. Forecast EPS in FY2008 and FY2009 were made on the assumption that a private placement, which the company is now undertaking, has been completed.

Steps to degear

The placement of up to 42.59 million shares is one of the measures Sunway City is taking to pare its debts and raise funds for working capital. When the proposal was announced several months ago, Sunway City's share price was much lower. For illustrative purposes, the company then stated that if the issue price of the placement shares was RM2.76 each, the exercise would raise RM117.60 million.

However, Sunway City's share price has almost doubled now. Based on the closing price of RM4.46 last Wednesday, the exercise could potentially raise up to RM190 million. The issue price has yet to be finalised.

Will there be takers for the placement shares at this price? The answer is still a yes, according to the head of a research house.

He says this is because the valuation of the company's shares, even though the price has increased tremendously, is fair. Stocks in the property sector are trading at a price-to-earnings ratio (PER) of about 12 times. Based on Sunway City's forecast EPS for FY2008 and FY2009, the company's current share price mirrors the sector's valuation of 12 times, which means it is fully valued.

But RHB Research feels that Sunway City deserves a higher PE multiple valuation of 16 times because of its exposure to high-end properties and its plan to unlock value via the establishment of a real estate investment trust (REIT).

Before the REIT can be established, Sunway City needs to redeem the properties that are tied to an asset backed securitisation (ABS) bond issued in 2002.

Towards this end, Sunway City is issuing a RM250 million bond to RHB Investbank. The proceeds from the issuance of the bond are to be used to redeem the ABS bonds. After the redemption, Sunway City would own the properties which it plans to inject into a REIT.
It is considering injecting eight of its properties, namely Sunway Pyramid mall and hotel, Sunway Resort Hotel & Spa, Menara Sunway, Monash University Campus, Sunway University College, Sunway Carnival Shopping Mall in Penang and a Giant hypermarket in Ipoh.

Sunway City expects the REIT to have a total market value of RM2.91 billion and will end up holding a 33% stake in the trust. RHB Research expects Sunway City to receive net proceeds of RM738 million, which will be used to reduce its debts, which amount to RM903.5 million at present.

With the company's turnaround plan mapped out, the government's incentives for the property sector could not have come at a better time.

The last piece of the puzzle for the company is to ensure the take-up for its properties is high.
--------------------------------------------------------------------------------


Expansion repositions Sunway Pyramid
By Leong Hung Yee
PETALING JAYA: Sunway Pyramid Sdn Bhd is set to be one of the larger shopping malls in the Klang Valley upon the completion of its expansion programme.
Sunway City Bhd property investment managing director Ngeow Voon Yean said Sunway Pyramid shopping mall should not be viewed as two separate buildings when the extension was completed.

Ngeow Voon Yean with the model of the bigger Sunway Pyramid shopping mall
“When completed, there will be no phases I and II like other shopping malls. It will be a whole new Sunway Pyramid. We see ourselves as one shopping centre,” he said in an interview.
Sunway Pyramid is 52% owned by Sunway City and 48% by the Government of Singapore Investment Corp.
Ngeow said the return on investment for its RM550mil extension was estimated to take 10 years.
“We took less than 10 years to recoup investments in the existing phase,” he added.
The RM550mil new investment includes RM25mil for dedicated ramps connecting to the New Pantai Expressway from both Subang Jaya and Kuala Lumpur.
Another RM50mil is allocated to refurbish the existing shopping mall to blend in with the new extension.
Scheduled for completion next September, the extension will add a gross area of 1.5 million sq ft to the existing 2 million sq ft in the mall.
“Upon completion, the whole shopping mall will have about 1.7 million sq ft of net lettable area,” Ngeow said.
The shopping complex will have four distinct zones: Fashion Central, Asian Avenue, Marrakesh and Oasis Boulevard. Apart from the existing tenant Parkson, new tenants would include Jusco, Harvey Norman, California Fitness and Tony Roma's.
According to Ngeow, architecture in the extension will reflect a contemporary retail design with elements that resemble the existing Egyptian theme and a huge open-air piazza will be incorporated in the development as well.
He added that the expanded mall was expected to draw 2.5 million visitors a month from 1.5 million currently.
He said part of the existing covered parking bays would be turned into shoplots, and the monorail station would be relocated to the new Sunway Lagoon resort entrance.
On increasing competition in the retail scene, Ngeow said: “We have made a name for ourselves and we have throngs of tourists visiting the mall. Moreover, we have a high tenancy rate and there is still a long list of people waiting to come in.”
Ngeow said the group still had 100 acres of undeveloped land in the area.
Among ongoing developments is South Quay, which will feature high-end mixed properties comprising condominiums, luxury villas, serviced apartments and offices fronting a lakeside.
“We are also presently involved in developing four office towers east of the Sunway township and a multi-storey small-office home-office commercial residential tower next to Sunway Pyramid,” he said.






-------------------------------------------------------------------------------------


Thursday May 24, 2007
Discerning house buyers
PETALING JAYA: Buyers are becoming more discerning and want houses that stand for a certain lifestyle and provide more than just a roof over their heads.
In line with this, Sunway City Bhd (SunCity) believes that a house should be defined by its quality, and so should be built as more than just a shelter, a company spokesman said.
The property developer has completed projects at more than 20 locations locally and abroad. Its developments range from residences, retail, and offices to industrial units.

SunCity Bhd's D'Villa show unit at Kota Damansara
SunCity prides itself for its “resort living within the city” concept in Bandar Sunway. Its ongoing high-end developments include D’Villa in Kota Damansara, Casa Kiara II and Kiara Hills, both in Mont’ Kiara, and The Palazzio in Hartamas.
Units at Casa Kiara II, with a gross development value of RM125mil, are priced from RM600,000 each. The units have built-up areas of 1,375 to 1,574 sq ft.
D’Villa comprises two-storey and 2½-storey detached units priced from RM2.5mil onwards. The bungalows offer 5+1 rooms with seven bathrooms and built-up areas of 5,198 to 6,651 sq ft.

An artist’s impression of SunCity's development, Casa Kiara II, Mont Kiara
The company’s emphasis on quality and service excellence has been the driving force behind all its developments. It has been voted “Top 4 Property Developers” in Malaysia for four consecutive years from 2003 to 2006, and named one of Malaysia’s ‘Top 3 Property Developers” by Euromoney in 2006.
SunCity is currently working on the Sunway South Quay development located at the southern precinct of Bandar Sunway. The project will have a mix of luxury lakeside bungalows, high-end condominiums, serviced apartments, boutique shops and retail outlets, shop offices and suites.
The new Monash University Malaysia campus is located within this development. The 178-acre project (including a 28-acre lake and the campus) has a gross development value of RM3.7bil.
The spokesman said SunCity’s recipe for success was its branding, innovative designs, and competitive prices.
After being in the business for more than 20 years, the company remains focused on its pursuit to stand out as a premier property developer in Malaysia and overseas.
SunCity had responded successfully to the challenges of the industry and would continue to strive for excellence, the spokesman added.

Liven up again

I think its time to Start doing more posting of my Blogging
My blog has been quite a while in sleeping mode

Right,

"internet is wonderful,
it is big enough to hold THE WHOLE WORLD,
yet it is private enough to be personal FOR EVERYONE"

I dunno where i got that quote from, not precisely sound like that, but the meaning sudnt be that far away from that.. he3x

oh another one, from Jane Austine if i am not mistaken,

" For everything complicated in this world, there is a single simple answer for it. And that is JUST BULL SHIT " hahaha

again, not a precise one... correction are welcomed