For me, the reason that Life-Is-Good is because there are always new things for me to learn. I don’t have much talent that is born with me (other than things related to computer, and maybe talking cock) and I am very proud because I learn most things after I was born. And that is the fun part, if you have skills that you are born with, for example, incredible mathematic skill or drawing skill when you are 3 years old, you can’t teach people how to do that! But on the other hand, if you sucks at something at first and master it later in your life, you can teach people how to do that because you have gone through it yourself. And that explain why my classmates always scold me, "Like this also don’t know meh." Because he is born smart and he just don’t understand why other people can’t understand it.

[And that also explain why I can't teach people computing and how to talk cock]

Today, I am going to teach you a trick that I use ALL THE TIME to trick people on doing what you want them to do. Wahahahah. Bad! Bad! Bad AhYap! Even if you don’t want to use it, knowing it help you to figure out why you always get tricked by somebody else to do things that you don’t want to do! And the next time your insurance agent and MLM friends do that to you, you will know, and smile, and give him your middle finger, and tell him, ‘Don’t use that trick one me, mother fucker!’ :p

Let’s begin.

Hypnosis is playing with the brain. You first understand how the brain works and then you play with it (trick it/manipulate it).

Read this sentence 3 times - ‘Output’ of our brain must be logically linked to the ‘Input’. I am sure if you read it 300 times you also don’t know what does it mean. Examples will help.

Example #1

If I ask you in English, "What is your name Sir?" (the input), your answer will most likely be, "I am Mr Yap". (the output)

But if I ask you in Malay, "Siapa nama encik?" (the input), your brain will need to logically answer in Malay, "Nama saya Encik Yap". (the output)

So if I ask you in Chinese, "先生贵姓？" [What is your sur name] You will logically answer "姓叶。" [Yap]

It is not logical to answer somebody who asked you in English, "What is your name Sir?" and you answer in Malay, "Nama saya Adbullah Badawi".

Example #2

Chinese has their original Chinese name but because of the influence from the west, we have ‘English’ names too like David, Steven, Patrick, Sohai, etc.

If someone come to me and introduce to me, "I am Mr Wong." Then my brain will logically answer, "I am Mr Yap."

If he come to me and introduce to me, "I am David Wong." Then my brain will logically answer, "I am Sohai Yap" [Given that if I have an English name and it is 'Sohai' in this example]

Example #3

If somebody ask you, "What is your name." You can’t answer, "I like to eat KFC." because the output didn’t linked logically to the output!

If somebody ask you, "How to spell Hishammuddin?" You can’t answer, "Streamyx Sucks!". They don’t link.

The 3 examples above show that ‘Output’ of our brain must be logically linked to the ‘Input’. And our game starts from here.

How To Trick People To Do What You Want Them To Do By Giving Them ‘Choices’

Have you ever wonder why your insurance agent and network marketing friends can always ask you to meet up, even though you really don’t want to go because you know he is going to sell you something?

Because they don’t ask you, "Are you free for supper tonight?" If they do so, your answer can be either – "Yeah, I am free tonight for supper so you can steal my money from my wallet" or 99% of the chance, you will answer, "Oh, I am not free… [I have to wake up early tomorrow] [I have assignments/reports to do] [I have to buy durian for my mother-in-law] [I have period pain] [My gold fish is sick]  …" Most people (including you) are very talented liar.

Power salesman don’t ask you "When are you free for supper"! Power salesman ask, "Are we having supper tonight or tomorrow night?"

—Ka-Chiinnngggg—

Now your brain has to answer logically to the question, unless you are really not free tonight or tomorrow night, your brain will just be figuring out if you are free tonight or tomorrow night. Most of the time, you will just choose the ‘better’ choice out of the 2 given choices, tomorrow night. After answering unwillingly, "I think tomorrow night lar." and hang up. You still wondering why you want to see this guy, whose objective is to take money from you.

The trick here is, if you want someone to do something that you want them to do, give them 2 choices where either one is also what you want!

-Examples-

Your mother may say to you, "Do you want to help sweep the floor or you want to clear the rubbish?" Ka-Chinghhhh, either one is what your mother want you to do. Pick anyone and you fall into her trick.

The Osim salesman who want to sell you uZap asks, "Do you want to pay with credit cards or cash?" or "Do you want the white one or the black one?" [real life examples used by soufulow 10 years ago when he is a poor Osim salesman]

Your discipline teacher looking at your Beatles hair, "Do you want me to cut it for you or you want to cut it yourself?"

The ‘choices’ that you give to the victim is very important. In our previous examples, we give them 2 choices where both are what we want. They pick either one, they fall into our trap.

Instead of giving them A or B where both are what you want, you can give them A or B where A is what you want them to choose while B is an extremely ridiculous and awkward choice that doesn’t make any sense to be chosen, or B as a choice that simply look more terrible and worst than A.

-Examples-

You scare that your son will ask you for RM100 ang pow in the coming Chinese New Year, but you only want to give RM20 so you can save the money for Casino De Genting. You can ask, "Son, do you want RM20 for your ang pow this year or you want RM2?" Kekekeke. RM2 look worst that RM20, or course he will choose RM20!

You go to eat fried mee and the guy ask you, "Do you want 1 egg or 2 eggs?" Then your brain think, "Wow, one egg enough lar, where got people eat 2 one." Then you say one. But you fall into his trap already because what he want is to make sure you include egg to your fried mee so he can charge you 50 cents more. If he has asked you, "Do you want egg?", you may have said no and he will not be able to charge you 50 cents more. This is a ridiculous choice example.

Let’s say a coffin seller want to sell a coffin at a certain price, he will show the buyer 3 coffins. The 1st coffin will be the coffin that the seller want the buyer to buy. The 2nd coffin is same price as the 1st coffin but it looks extremely terrible (made with recycle newspaper by Proton Malaysia). The 3rd coffin is a very expensive coffin but look just the same as the 1st one (Made by Louis Vuitton). The coffin buyer will pick the 1st one because the Proton made coffin is terrible in quality while the Louis Vuitton coffin is scary at price. Both choices look worst then the 1st coffin and don’t make sense to be chosen.

-More Examples-

- Your boss, "Can you finish this for me today or tomorrow?"
(actually you can request to finish by next week)

- Your wife, "Are you going to buy me LV or Prada?"
(actually you can request to buy a cheaper Guess bag or a pasar malam pirated LV)

- Your husband, "Do you want to do it on the sofa or the kitchen?"
(actually you can choose not to do it, or do it in the car)

Continue Reading »

3 hours more to go for 2008! Remember that the Barisan Nasional government has promised us that petrol price will not be increased anymore this year. They kept their promise! But please me reminded that tomorrow will be next year! They didn’t promise us anything in 2008.

Happy 2008 with higher petrol price!

—

p/s Why it is boring to read newspaper and listen to what politicians have to say? Today they say, "People, don’t speculate on the petrol price as we will not increase it anytime soon". Tomorrow they will say, "Petrol price increases 40 cents per litre …" That’s newspaper. That’s politician. That’s Najib.

Hmmm, but I still don’t think they are brave enough to increase the petrol price before election. But why everyone is queuing up at the petrol stations right now? Hmm, Hmmmm, Hmmmmmmm …. confused…

I am writing about myself. But I want you to see if you can link it to yourself and other people, so you can learn. I hope reading this is better than reading newspaper!

Soufulow described that I have 2 characteristics, which interesting enough, contradict with each other! But both are true at the same time!

#1 – Stubborn! Never Listen and Always Think That I Am Right!

He said that I am stubborn and never listen and that I think I am the smartest people on earth. That I think I am always right, always instruct and teach people what to do and never listen to other people.

#2 – Keep On Changing! Today Say This, Tomorrow Say Another Thing!

Haha. This is fun. First I am said to be stubborn, now I am always changing. Soufulow say today I ask him to invest in real estate, tomorrow I ask him to do options trading, and the next day I ask him to invest in the stock market.

I find this very interesting too, so which is the correct description for me?! The stubborn and never listen one? Or the keep on changing one? Both sounds right and both sounds wrong! I am confused!

After thinking and thinking and thinking, I finally get my answer.

We can ONLY think the BEST we can think using all the KNOWLEDGE and EXPERIENCE we have at THAT MOMENT of time.

• You can’t ask a Standard 3 kids to do calculus because at that moment of time, his knowledge and experience only allow him to do basic math.
• You can’t ask Soufulow to describe how does sex feel when he is Standard 6 because his knowledge and experience of sex at that moment of time was just some porn video and magazine (龙虎豹). Of course, he has no problem teaching you how to da fei kei (masturbate) at that time.
• If you have never been to a place that is freaking cold (something like negative 40 Celsius) and the coldest weather you have experience is just the kindergarden-level-cold of Genting Highland, you may never be able to describe or even imagine how to live in negative 40 celcius. You may wonder will your pee become ice immediately when it come out? Will you dick freeze when you pee?

So, I figure out how my brain works.

In my life, especially the pass 5 years, I have been constantly learning, reading over 200 books, accumulated a lot of knowledge and life experience.

At one previous moment of my time, I think I should put all my money in real estate to generate rental income for me. At that moment, I think real estate is the best investment. (keyword – At That Moment) Because at that moment, my knowledge and experience are limited only to real estate. And I have experience from my parents that the stock market is very risky and buying stocks is nothing but gambling.

So at that moment of time if I am blogging, I will tell you how good real estate investing is and why you should put all your money in it.

And if someone come and tell me, at that moment of time, that real estate is not the best and I should invest in the stock market, you will see me in mode #1 – Stubborn and Never Listen. I will probably responded with, “Don’t be Sohai lar, stock market where can play one!”

At that moment of time, my knowledge and experience only allow me to think real estate is the best. Everything else that come contracting with my believe will be rejected.

Fortunately, I am really not that stubborn. I have another important characteristic called OPEN MINDED and a gifted skill known as THE ABILITY TO INVESTIGATE.

If you tell me me the stock market is good, and after scolding you as a sohai, I will actually get curious about the stock market. I am curious because I am open minded. If I am really a stubborn ass hole, I will shut my brain off and reject everything in fully automated mode (you will see lots of people like this).

When I get curious, I will start to investigate and think, “Why the heck he say stock market is good?”, “Why my mum and dad burn their fingers (actually the hands, legs and hairs) in the stock market and he can still say it is good?”

The guy who told me the stock market is good planted a seed into my brain. Then there might be a few more guys come to tell me the same thing! They are watering the seed and it grows in my brain. I became more and more curious and I started to investigate more and more.

I usually learn by reading. So I started to read, 1 book, 2 books, 3 books …. 20+ books!

AT THAT MOMENT OF TIME, after reading 20 books, my knowledge and experience are totally different than that moment that I tell the whole world real estate is the best!

After my investigation on the matter, I change my believe and dump the “real estate is the best” believe and replace it with “stock market is the best”. That’s why what I am blogging now is about stock market and not real estate.

So am I stubborn or constantly changing? You can’t fit me into either one because I am both!

If I encounter new things and after investigation, I think my old believe is better, then I will stick with the old believe and reject the new knowledge. Not only that it never becomes part of me but it also helps strengthened what I am believing right now!

On the other hand, if after investigation, I think the new knowledge is actually better than my existing one, I will not hesitate to dump my old believe and replace it with the new one!

I am ready to change any second if I find something better to replace my old believe. And I will be stubborn enough to reject everything that after my investigation, didn’t sounds better than what I have already known.

This is the correct description of me. My ability to investigate determine whether I should be stubborn or changing.

If you come to me today and tell me value investing sucks and I should trade like playing in BursaPursuit because the #1 winner grow his RM250,000 to RM1 million in less than 2 months (400%!) and I sucks because I can only compound my money 20% per year, do you think I will be stubborn or changing?

People Who Doesn’t Have The Ability To Investigate and Change Frequently

If you look at most aunties, you will notice that they change very frequently. Today she listen to this aunty says tomato is good, tonight she cook all-tomato-dinner for her husband and children – tomato rice, tomato soup, tomato dessert, tomato juice … yucks …

They are too open minded! They don’t investigate much before they accept new things. And these group of people will easily fall into SCAM and the hand of the marketing guys.

• He believes that Maxis is really giving him 500 free SMS is he forwards the message to 10 of his friends!
• He believes that Friendster and Hotmail is really too crowded and will delete his account if he didn’t forward that message to 15 of his friends!
• He believes that someone really want to borrow his bank account to transfer 5 million US Dollar and in return give him 5% commission!

While you may be laughing on these and tell me that only sohai will fall for these and you are not one of them, what about these -

• Do you believe that drinking milk will give you more calcium? Do you believe on what Anlene says, “2 cups of Anlene will give you the calcium you need a day”? (两杯Anlene给你一天所需要的钙质) What if I tell you that the more milk you drink, the more calcium you will lose! Wow!
• Do you believe that cancer is a disease that kill? What if I tell you cancer is a CURE that heal instead of kill and cancer patients should thank God that thay have cancer? Wow!
• Do you think eating fruits after your dinner is good for your digestion? What if I tell you eating fruits after your FOOD is actually bad for your digestion? Wow!

Are you open minded enough? Do you have the ability to investigate? At this moment of time, your knowledge and experience may be telling you that drinking milk will give you more calcium (so you drink more), cancer is something that kill (so you should hate it), fruit is good for digestion (so you should eat more papayas after your dinner).

At this moment of time, you may think milk is the best source of calcium, so you drink it yourself. You also force your innocent child to drink it and you force your old mum to drink it! You are not wrong, because at this moment of time, your knowledge and experience tell you that it is right and that’s the best.

In the next few posts, when I start to plant a seed on your brain and tell you the other way, you will have more knowledge to allows you to think differently. And that, will depends on whether you are open minded and have the ability to investigate, and the conclusion of your investigations.

People Who Is Not Open Minded

If the first group of people is the people who don’t have the ability to investigate and thus keep on changing (and keep on being conned and fall into marketing gimmicks), who is the second group?

The second group are those who are stubborn ass hole who are not willing to change and always think that they are right. They don’t need to investigate because they don’t even open up their mind! Instead of accepting everything, they accept nothing. They think they already know everything they need to know. They are very ego-type. They probably think they are the God or the Prophet. They always want to teach people what to do and how to do and will never listen. Terrorist is the extreme example, they kill with the name of God.

Worst! Sometimes even when everything prove that they are wrong, they still refuse to admit it and still want to say that they are right and others are wrong! Politicians do that all the time! Hishammuddin and Nazri do that all the time! Most of the time they realized that what they have said should not have been said, but because they have said it, they will need to stubbornly keep their old stand.

Referring back to the phase “We can ONLY think the BEST we can think using all the KNOWLEDGE and EXPERIENCE we have at THAT MOMENT of time”, if one is not open minded, his thinking will always be limited to his limited knowledge and experience at that time. Since he never learn new things, he never growth. That moment of time will be a long moment of time because he is almost the same all the time.

• A smoker will smoke until maybe he has lung cancer. His knowledge and experience tell him smoking is OK for decades. But when he got lung cancer, his experience change dramatically and so he can change almost immediately now. If he is open minded and start investigating at the good and bad about smoking, he may have more chances to quit smoking earlier. (Smoking not only burn holes in your lung but also burn holes in your wallet and make Barisan Nasional rich!)
• Do you think homosexual is a sin and bad? This is what his knowledge and experience at that moment of time tell him so. (Religion? School education?) If he is really open minded and investigate into the matter, he may find out that homosexual is not even a choice! If you are a guy and you feel ’something’ when you look at a sexy woman, it is not a choice! it is your body reaction because of your genetics and hormones. Whether you want to do something (sex, rape …) is a choice but the initial feeling is not a choice! For a gay man, he don’t feel that ’something’ when he see a sexy woman BUT he feel that ’something’ when he see a sexy man! It is not a choice! He can choose not to engage in homosexual acts BUT he can never choose to feel ’something’ when he see a woman instead of a man. He is born like that.
• Do you think prostitution should be banned? Read my post on Prostitution. Read the comments as well for examples of people that is not open minded enough and want to kick my ass without any supporting facts other than some bible clause or telling me ‘Malaysia is a Muslim country’.

Understand the phase “We can ONLY think the BEST we can think using all the KNOWLEDGE and EXPERIENCE we have at THAT MOMENT of time” can gives us 2 different ways to look at the differences of religions.

#1. A religion fanatic (someone crazy with his own religion) may grow up his whole life knowing and practicing only 1 religion. All his knowledge and experience are limited to 1 religion and he might not be open minded enough to learn about other religions. Not only that he think his religion is the best but he also think that his religion is the ONLY ONE that is right. Other religions are just wrong, wrong, wrong. With this kind of thinking, how much room can he gives to other religion?

#2. If he knows that everyone can only think the best they can think with all the knowledge and experience they have at that moment of time, EVEN if his religion is REALLY the best and the true one in the world, he should be able to understand and accept that someone else might also think that their religion is the best and not his. Because for that man, his knowledge and experience limited him to think that his religion is the best and not yours! You are able to pick the right religion because your knowledge and experience are better than him. You will be more open minded and can accepts other religions to co-exist with yours.

If you are not open minded, you will not even want to investigate on things, which means you will never grow and never learn new things. Finance, health, relationship, spirituality … we all have our best at any moment of time with all our accumulated knowledge and experience and we can only do our best using what we know at that moment of time.

As we are still living, we will be constantly growing and we will encounter more knowledge everyday and gain new experience everyday. And you, have to decide if you want to be like the aunties who keep on changing frequently without investigating, or the politicians who are stubborn and never listen, or you want to be an open minded person who has the ability to investigate on new knowledge and decide whether you want to keep your old believes or replace it with the better one.

You should also be able to understand why some other people are so different than you because that’s what the best they can do, with their knowledge and experience at that moment of time.

Disclaimer

Today when I look at myself yesterday, I laugh at myself as being so stupid yesterday. I can’t believe I can be so stupid thinking that way just a day before. And tomorrow, I will laugh at myself being so stupid today!

I am constantly learning and growing everyday. Today what I write is the best I can think of Today (using my limited knowledge and experience accumulated up to today), tomorrow I will have new knowledge and experience that I will decide which one to take in as part of me and which one to reject stubbornly. So funny enough, my blog should have a disclaimer!

Take your own RISK if you read AhYap’s blog because he changes so fast that he may not think the same tomorrow! You understand that you might run the RISK of Brain Damage if you read on this blog. Read at your own RISK! Be open minded and investigate all the information yourself before you accept anything AND please don’t kick my ass just because I write something that contradict with your religion, because I am still not as smart as you leh!

After finding out that AhYapSucksDamnALot, my buddy Soufulow has quickly designed an Ah Yap Sucks T-Shirt for me! Wahahaha.

You are just an ignorant bugger who prefers to criticize your country than to do something about it. If you are so smart, go and work in TM! But I don’t think that you are one. Stop comparing your country with Singapore, for goodness sake! It is a small country, and it is much easier to handle! and maybe i will try to start a ‘AhYapSucksADamnLot” t-shirt business. Sucker.

I receive this kind of comments a lot. AhYap.com has a lot of fans and at the same time a lot of haters! As I have said before, I have my own stand on things and that’s why people either like me or hate me a lot.

But for this guy, I find his comment very interesting. If TM sucks and I need to work at TM, then I also need to work at Proton, MAS and also the PRIME MINISTER office and Sammy Vellu office! I also need to work at the traffic department, the flood department, the police department … … since I need to fix all the things that sucks in Malaysia.

Singapore is better because it is smaller? Then why the heck USA that has 300 million people is also better than our tiny 24 million population country? And TM, MAS and Proton (the company) should be a lot smaller than Singapore (the country) and why TM cannot do better than the overall Singapore? Blaming the size is lame. In Chinese we say, “Blaming the floor is too hard when your can’t shit”.

And lastly, starting AhYapSucksADamnLot T-Shirt business show that your don’t have the common sense and economic sense. How much money can you make from that? You can’t even cover your printing cost on it! Someone print the Streamyx Sucks T-Shirt elsewhere and have over 30 preorders even before he print the T-Shirt. And that make sense.

What Malaysian do most of the time is to avoid the truth, the painful truth, the fucking truth!

“It’s OK if Singapore is better than us because they are smaller. And we are better than Nigeria!”

“We can’t fixed the flood and traffic jam, let’s fixed AirAsia sexy uniform.”

“Let’s blame Anwar Ibrahim for everything.”

The truth is, big or small, you have to improve your country! The truth is, easy or hard, you have to work on the flood and traffic jam issues! The truth is, Anwar Ibrahim is not God, he is just an ordinary man.

ICAP is listed in the KLSE as a company under the Closed End Fund section. All companies listed in the KLSE will belongs to a section, i.e. plantations, hotels, properties, financial, etc.

It used to have only 2 stocks listed under the closed-end fund section – ICAP and AMANMFB. But funny enough, AMANMFB has closed shop a few weeks ago. AMANMFB performance sucks from day 1 and they looked even uglier when ICAP is launched 2 years ago. So instead of keep hiding their head under the table, the fund manager decided to terminate the fund.

Most people are not familiar will a closed end fund because most funds that we buy are open-ended funds. Please read the article "Closed End Fund vs. Unit Trust Fund" to learn more about them in details.

To make a quick explanation, an open-ended fund doesn’t have a fixed amount of units. Today it can have 13 million units and tomorrow it can have 10 million units, depending on how many people have bought or sold the funds. The price that you buy or sell an open-ended fund is based on the NAV of the fund, which is calculated daily by the fund companies and is published daily on the newspaper. [NAV = Net Asset Value = how much the fund is worth = the exact price of the fund]

As opposed to an open-ended fund, a closed-end fund has a fixed amount of units. For example, ICAP has a fixed 140 million units available. Tomorrow, it will still be 140 million units no matter how many people sell or buy it. The bid and ask price do not depend on the NAV but actually depends on supply and demand.

When you buy a Public Mutual fund, you are buying from Public Mutual directly at the NAV + entry fee (6.5%). If you sell, you are selling to Public Mutual directly at the NAV. You don’t need to worry whether there are buyers or sellers available, Public Mutual will always buy or sell to you.

Since ICAP only has a fixed 140 million of units, you can only buy from an existing ICAP holders who wants to sell to you (sorry, AhYap is not selling his to you). And so the price is determined by supply and demand.

The above image shows that there are 152 lots available for sale at RM2.40. If you are already holding ICAP and want to sell them, you can sell 148 lots at RM2.39 right now. A lot means 100 units/shares.

Where do you buy and sell ICAP? You do that exactly the same way you buy or sell other stocks such as GENTING or DIGI. That’s either through a reminsier or do-it-yourself via a discount broker such as HLeBroking.com. You need to pay brokerage fee, stamp duty & clearing fees when you buy or sell ICAP just like your buy or sell other stocks in KLSE.

Since ICAP is also a fund, it also has its own NAV. But instead of being calculated and published daily like other mutual funds. ICAP NAV is calculated on every Wednesday and will be published end of Thursday on icapital.biz and klse.com.my (’Listed Companies’ Menu -> Company Announcement -> Announcements -> Current -> ‘By Company’ Tab -> ‘I’ Button -> ICAPITAL.BIZ BERHAD).

From website iCapital.biz, it will look like this

Latest NAV – RM2.10
(as at 14/11/2007)

From klse.com.my, the announcement will read like this

On behalf of the Board of icapital.biz, we wish to announce that the NAV per share of icapital.biz as at 14 November 2007 was RM2.10.

If you are smart enough, you will notice that ICAP is actually selling at RM2.40 right now while the NAV is only RM2.10! What does that means? Demand is so strong that there are actually idiots trying to buy it at RM2.40 (Yes, I mean Idiots).

Logically, ICAP should be bought or sold around the NAV. So if the NAV is RM2.10, buy and sell should be around that amount. As a buyer, you want to buy it as low as possible. If you are a seller, you want to sell it as high as possible. If the NAV is RM2.10 and you pay RM2.20 to buy it, you are actually paying a premium to buy it. It is OK to pay a premium to buy a good fund. When you buy a mutual fund, you need to pay 6% to 7% entry fee as well which is also a premium. However, paying 19% of premium to buy a fund is ridiculous to me.

The reason why idiots bid it so high right now is due to the lack of understanding to ICAP and the ignorance of a bunch of traders. A lot of trading software (including IntegraStocks promoted heavily by Bursa Pursuit) are giving buy signals to ICAP because it keep on breaking new high. So these traders, who know nothing about ICAP other than its s-p-e-l-l-i-n-g thought that this stock is the next stock that will go up 500% in the next few weeks. They will be proven wrong and burned hard.

ICAP is a registered company but it doesn’t has its own ‘business’. It’s ‘business’, is to own other businesses that is listed in the KLSE (they buy stocks!). ICAP is owning around 15 stocks right now, including PARKSON, PETDAG, UMW, PIE, BSTEAD, etc.

ICAP doesn’t has a single employee! Everything is outsourced. The decisions on what stocks to buy and sell are outsourced to Capital Dynamics Sdn Bhd, which is run and operated by Tan Teng Boo (the fund manager). The annual management fee paid to Capital Dynamics yearly is 1.5% of the NAV. Almost all mutual funds that you buy will will have such management fee paid to the fund manager ranging from 1% to 2%, 1.5% is most commonly used.

Tan Teng Boo publish an investment newletter weekly since 1988. And everyone can subscribe to this newsletter (of course you need to pay lah). The gem of this newsletter is that is contains a paper portfolio where he will tell you exactly what stock to buy and sell. He called this portfolio "Section C". The performance of this portfolio is amazing, it has averaged a 21.73% compounded return since it is started in 1991! Remember that a 20% compound rate will grow your money 6 times in 10 years. Click here for the complete track record details with yearly breakdown and chart. Since this portfolio is make public to all subscribers since 1991, everything can be traced back to 1991 and thus the track record cannot be faked.

What makes ICAP so interesting when compared to other mutual funds in Malaysia?

The core philosophy of typical mutual funds is diversification. A typical fund will own a lot of stocks, probably hundreds or even thousands of them! What they do is buy a little bit of this and a little bit of that. Their reasoning behind this is that the risk can be reduced by ’spreading’ it over a lot of counters. What they are thinking is, if the fund own 300 stocks and 1 of them go down 100% to 0, the fund overall net loss is only 0.33%. This is known as "Don’t put all your eggs in one basket".

Unfortunately, sword has a double edge. If your fund buy 300 stocks, 1 of them go up 100%, the effect of the superior performance of this stock only net to 0.33% to the overall fund performance! So there is nothing to be proud of when one of the stock go up 100%!

Warren Buffett, the world’s most successful investor (the #2 richest man in the world) who runs Berkhshire Harthaway that is worth over USD 200 billion ($200,000,000,000) owns only 39 stocks! So for a typical mutual fund that is worth RM100 million to diversify as much as 300 stocks is meaningless.

When mutual funds owns too many stocks, their performance will be much or less same as the overall market! So if you read the headline and the stock market tumbled 3%, most probably your fund will also tumbled 3%. This is because the fund owns so many stocks that it is actually the stock market itself! If KLSE has only 1,500 stocks and your fund owns 500 of them, it is very logical that your fund price will drop when the overall market drop.

Look at Public Growth Fund (red) vs the KLSE Composite Index (blue). Look how close they mimic each other. This is because they own too many stocks. So they will have a high correlation to each other.

As ICAP owns only 15 stocks, its performance will not rely too much on what the overall market is doing. So it has lower correlation when compared to typical mutual funds. This can be seen clearly on the ICAP performance beginning at April 2007. While the market is going flatline, ICAP is able to appreciate continuously.

Performance of a value investor doesn’t depends on the market but the earning performance of the underlying companies. The companies that ICAP owns keep making good earnings on that period and thus the price is reflecting that. Note that I am using the NAV of ICAP and not the stock price of ICAP because NAV is the real value of the fund and not the price (which is insane right now).

* A mutual fund that holds too many stocks will not be able to outperform the market in a large margin for the long run. But an intelligently value investing portfolio that focus only on a few well researched stocks can easily outperform the market by a large margin in the long run. *

Before I continue, I will now write my responds to Boyboycute’s comment. He takes a great effort on researching more about ICAP which I salute (a lot of people either listen and forget, or listen blindly).

Icaptal.biz was listed 2 years ago on 19 Oct 2005. Whatever ICAP is doing, it will be under scrutinized by Bursa starting from that date only. Before the listing, ICAP self-claimed in http://www.icapital.biz/english/trackrec_1.asp about the performance of Capital Dynamics without any supporting documents or evidence. No one can certify the performance of Capital Dynamics before the listing of ICAP. Since ICAP has two years of track record only, I cannot make any good judgement about the fund. By the way, did you read the disclaimer in the website? Past performance is not an indication for future performance. See it here: http://www.icapital.biz/english/disclaimer.asp

Continue Reading »

Someone named tokbi is attacking me on my Post on Prostitution. If you haven’t read the post before, please read it because it is one of my best posts in my blog.

Here is his comment

fuck off!!!

i couldn’t read it all because it is so bullshit!!! it is so wrong and just a piece of shit…!!! hey ah yap, please go to other country before i kick your ass!!! maybe you are the one with an extreme sex desire..a.k.a. sex maniac… malaysia is an islamic country la idiot!! islam is the official religion…negaraku is the official song, bunga raya is the official flower…islam forbid prostitution because it never benefits anybody or anyone except sex maniac like you..what the fuck you said?? prostitute in singapore has 3 monthly medical check up??? you are so stupid, you know..if they contract any STD, HIV or hepatitis germs they can transfer it to other people immediately…3 months ago clean report is very useless…as useless as you…

I am showing you his comment because this is a very good example of what I am trying to tell you in my post “Why The World Can Never Be Perfect!“. Tokbi’s perfect world is a world without prostitution and from his words, you know he wants a world that practices Muslim laws. And he goes to the extend that if you don’t agree with his perfect definition he will fuck you, chase you out of ‘his country’, kick your ass, remind you that Malaysia is an ‘Islamic country’, accuse you as a sex maniac, tell you that you are an idiot, useless and stupid.

He is still consider a nice guy because he didn’t come and bomb my house or kidnap my mother. There are people in this world that if you don’t agree with their prefect world definition, they will come and cut your head in front of the camera and upload it to YouTube! Don’t play play ar!

I’ve seen other Malay bloggers mentioning my post in their blogs and they find that my post is funny. And yet, how come the very same post can make some other Muslims so angry? As I’ve answered in the same ‘Perfect World‘ post, there are people who knows how to respect and accept things especially those that they don’t agree or dislike themselves. While there are also people who will never tolerate a single thing that doesn’t fit his ‘perfect definition’.

This is the world. This is Malaysia. What will Malaysia look like 50 years from now? Will Malaysians learn how to respect and accept each other? Or we are just going to selfishly demand more for our own, our races and our religion, pushing others to the cliff?

scwong: The math that we studies before, 90% of it is not useful in everyday life. I speak for those who are not engineers or accountants or architects, etc.

True! We try to figure out things like Train A start from Ipoh at 8.00am at the speed of 80km/h and Train B start from Johor Bahru at 9.00a.m. at the speed of 100km/h, at what time and where will both the train meet each other? Zzzzzzzzzz.

ahbi: ah yap a….y no add me in msn le…i gave u my email last time mer

My ex-coursemate Donald (The #1 cibai according to Google) has answered it for me nicely. “You guys don’t need to check him on messenger coz i can’t even get him on email!” Yes, CibaiYap really don’t play messenger and reply to emails. He also off his handphone most of the time. Even when it is on, he can let the phone ring and ring and ring without picking it up, making the caller on the other side jump like a monkey. That’s AhYap, or better be called CibaiYap because of this.

taikor: I only knew how to save RM100k in 5 years even before I graduate. For those working in Singapore, that’s a lot easier. Just bring back around S$950 every month and you’ll be able to save Rm100k in 5 years.

Those making SGD should aim for SGD $100,000 to become a SGD millionaire! But if you are making Rupiah, don’t save only 100,000 Rupiah lar. 100,000 Rupiah is only RM39.10!!!

april: i also bought ICAP. but damn miserable .. bought at 1.74 and only 200 units coz super and extremely poor. :’( Plan to sell at 2.15 and wait for it to drop and the buy alot alot in the future. Currently bought under my auntie’s account so have to sell asap or else next year all the minimum rate will increase to RM40. But sibeh good ah the share!!!!

I am very happy, so you are now the #4 people who listen to me. Did you buy 200 or 2,000? If one buy 200 units of ICAP at 1.74, his total cost would be RM361.14 including commissions and fees, making the averaged bought price 1.8057. In order to just break even, one need to sell it at 1.88! It needs to increase at least 8% before you can make any money.

The amount of units you bought affect your break-even point (the price where you sell and you don’t make or lose any money). If you buy ICAP at RM1.74 here are the break even points for different amount of units you buy.

100 – RM2.01
200 – RM1.88
300 – RM1.83
400 – RM1.81
500 – RM1.80
600 – RM1.79
700 – RM1.79
800 – RM1.78
900 – RM1.79
1,000 and above – RM1.77 (total investment around RM1,800)

When we buy or sell a stock, we need to pay the brokerage fee, stamp duty & clearing Fee. It’s the stamp duty and clearing fee that affect our break-even point because when you buy too little, stamp duty and clearing fee will account for a large percentage of your total invested amount.

Lesson 1: Every time you buy or sell, make sure the transacted amount is at least RM1,800 to maximize your return.

Online brokerage like HLeBroking and Maybank2u charge only 0.42% brokerage fee. If you are buying through a reminsier, you will need to pay 0.7%! If you know you can negotiate (most people don’t know), they will give you 0.6%. But that’s still more expensive than the 0.42%.

Lesson 2: Use an online brokerage house to save on brokerage fee.

yangsquare: I’m very prospective about this- but how do you manage to get 20% compound interest?? even 12% would be difficult to find, wont it?

It is very easy, if you know how. It is very hard, if you don’t know how. If you know how to swim, swimming is very easy. If you don’t know how to swim, swimming is very hard (and you can even get drown!). So is swimming easy or hard? Of course, I will share more and blog more later about how to get the 20%. Akan Datang.

yangsquare: Also remember there is also a negative force behind all positive forces; that is what we call INFLATION. inflation rate is currently around 2% for the whole country and 6% in big cities like KL. That means your money will diminish if you keep it in time.. meaning your 20% compound would only be like 18% after subtracting the inflation rate.

Brilliant. The answer is in the statement itself. Because inflation is unavoidable, that’s exactly the reason why we need to aim for a higher compound interest rate (and not the Amanah Saham’s 8%!). If you have live long enough, you should have witnessed the destruction-power of inflation. How much does 2 pop-piah cost 20 years ago? 80 cents. How much today? 2 Ringgit and 80 cents.

yangsquare: btw, how do i start a trading account? any minimum age for that?

18 is the minimum age. Open it online at HLeBroking.com. But you still need to print out the final application form and go to any Hong Leong bank to have your signature witnessed and IC certified. Then you can ask them to mail it for you to Hong Leong securities. To trade, you can bank in money to your brokerage account via Maybank or Hong Leong bank.

Huiying: I agree with the compounding theory too.. it really requires a lot of discipline to reject all kinds of temptations to make that type of saving. Meaning, if you are earning around 3k, while you are still young, no outings, no trips and no fun. Really tough. And so, I think balance is really important. A balance of lifestyle and having saving at the same time.

This is a very open topic like politics and religion. Always can’t get a right or wrong from it. If you are honest with yourself and look at all the people around you, do you think there is more rich people or poor people? Is there more healthy people or unhealthy people? Is there more successful people or fucked-up people? If you do what most people do, you will get what most people get – poor, unhealthy and fucked-up. But this arrangement is good and nothing need to be changed. If not, who is going to sweep the street? Who is going to tar the road? Who is going to be police (haha)?

But what different now is that most people don’t know they have a choice. You know you have a choice now. So you want to be like most people or you want to join the less-people club? But as I said earlier, it is okay to be like most people. If everyone has money, who is going to work at the bank’s counter? Who is going to be our accountant? Who is going to be a brilliant engineer to design better stuffs for our livings? Who’s going to repair our car when it is broken?

Huiying: Just wondering, when you purchased ICAP, you are using the rule#1 method?

No, I don’t. You don’t evaluate ICAP using Rule #1 method because ICAP is a fund and not an ordinary business. ICAP is currently holding 15 stocks. You can happily evaluate it’s holdings using rule #1. ICAP strategy is value investing, and rule #1 is one kind of value investing which is more ‘aggressive’. There are many ways to implement value investing and ICAP is using a more conservative value investing approach than rule #1, making you sleep easier at night. I will discuss what I mean by aggressive and conservative in some other posts.

This post is dedicated to all working engineers and university graduates below 30. Aiya, so you are over 30? Nevermind lar, just pretend you are younger lor.

Most youngster think that MLM is the best opportunities to get rich. But when I look back at my friends who joined MLM for the pass few years, almost all of them quit and get back to their day job! When they try to recruit me in university time, they promised me a lot of get-rich-dreams and scold me stupid for not joining. Now they all quit. Imagine you have joined an MLM company because you believe in the sales pitch of your upline and later he quit! You are left alone! So think twice before you get into MLM.

I have 2 friends that are incredible Great Eastern insurance agent. One of them sold 97 covers last year. Another guy told me he can close 1 sale on every 5 meetings! Great! Unfortunately, I also have a lot of friends who can hardly sell 1 insurance policy in a month! Gave up, and got back to day job. Insurance is not for everyone.

How about trading? I have attended an Options Trading seminar 2 years ago. The speaker is the #1 options teacher in Asia based on the number of students he has. He is extremely high profile. I know he is very rich, but not all his students make it (including me).

You know what, when I talk to a few seminar participants in the graduates gathering few months later, most of them don’t even have a trading account yet! And the questions they ask me tell me that they simply learn nothing from the seminar. They are still not up to the kindergarden level!

Understanding the basic doesn’t guarantee you to make money, but NOT understanding the basic means you can’t even play the game! If I understand everything and actively trade for 2 years but still cannot make money, do you expect they can?

Again, it is not for everyone. You you haven’t heard me sing “My Money Live Over The Ocean“, you need to.

How about the current HOT make money online? Most people who teach you how to make money online make money by teaching you how to make money online. (sorry for this poor sentence structure.) They don’t know how to make money online. I have a long post on it.

How about starting your own business? Huh, if you can’t make money when somebody is helping you, i.e. MLM and Insurance, and you are having problem making money trading and internet marketing, then what is the success rate for you to start your very own business? Do you have the capital? Do you have the knowledge? Can you differentiate between a sole proprietorship and a Sdn Bhd?

MLM is out. Insurance is out. Trading is out. Internet marketing is out. Starting your own business is out. Then WHAT?

Just continue to work as an engineer! (or doctor or lawyer or anything that you study in University)

&@#^&$%^$#&%^&%^*$$%!

Ok ok, don’t get mad. Give me some time to explain. You just need to understand a simple concept. This concept is so SIMPLE that most engineers and university graduates CANNOT understand it because these professionals can only understand COMPLICATED things but not simple things. They know how to calculate e = mc² but tell you 1 + 1 = 3. They can measure the speed of light and the number of electrons in a piece of silicon plus the amount of laser required to cut your eye without blinding you but they cannot understand this simple concept-

The Power Of Compounding!

Albert Einstein has repeatedly telling people the power of compounding in a lot of occasions. And now AhYap is doing the same and this is not the first post I talk about it.

“Compounding,” Albert Einstein said, “is mankind’s greatest invention because it allows for the reliable, systematic accumulation of wealth.”

Einstein calls compounding the “8th wonder of the world.”

Einstein, “The most powerful force in the universe is compound interest.”

Here is how compounding works. If you have $100,000 today and if you can grow it by 20% each year, here is what it will become in the 30 years period.

Begin _ $---100,000
Year 5_ $ _-248,832
Year 10 $ _-619,173
Year 15 $ 1,540,702
Year 20 $ 3,833,760
Year 25 $ 9,539,622
Year 30 $23,737,631

Did you notice that you just need 15 years to become a millionaire if you have $100,000 right now and you are able to compound it 20% per year?

Let’s don’t argue in this post whether 20% is achievable or reasonable, I will explain it in another post. At this time, you just need to know that Warren Buffett, the 2nd richest man in the world compound his money at 21% for over 40 years! In his first 10 years from 1957 to 1967, he actually compounded at 29%. Peter Lynch, the best mutual fund manager in the world compounded his fund at 29% for 19 years. He is retired now. Tan Teng Boo, the Malaysia #1 fund manager compounded at 24% for 10 years! And he is STILL ALIVE and NOT RETIRED YET!

20% is definitely achievable if you know where to put your money.

There are 3 factors that is very important to compounding:-

1. The compound return rate (the interest rate)
2. The initial capital/money
3. The compounding period (how long you compound it)

We have talked about the compound return rate just now. From today onwards, I want you to remember the number 6!

AhYap, “If you can compound your money at 20% per year, your money will grow 6 times every 10 years.”

Remember it!

20% is what we are aiming for. If we failed, and say we only manage to compound at 15% (some Public Mutual Funds are able to compound at 15%), what will we get? For 15%, our money will grow 4 times every 10 years.

Notice the big differences? 20% = 6 times, 15% = 4 times. Don’t feel upset, even at 15% (4 times every 10 years), $100,000 will become $400,000 in 10 years and then $1.6 million in 20 years. Happy now?

What if you are good enough to get 25%? Your money will grow 9 times! Wow! 25% is still reasonable as Peter Lynch did 29% for 19 years. But don’t dream too big, everything beyond 30% for the long term is unreasonable and hard to achieve.

If you are ignorant and you put your money in Amanah Saham 2020 which gives you averaged 8% return, how much will it grow? Your money will only grow 2 times (double) in 10 years. Now you know why I sold all my Amanah Saham 2020 to my parents after holding it for 10 years since 1997!

Now here is the most interesting thing. At 20%, your money grow 6 times every 10 years. If you eat enough ginseng and bird’s nest, you will probably have a lot of 10 years in your life! If you are 25 and you live until 75, you have five 10 years. Eat more ginseng and maybe you have six, seven or eight 10 years more.

Every 10 years, your money grow 6 times more!

$100,000 … (10 years later) … $600,000 … (10 years later) … $3,600,000 … (10 years later) … $21,600,000 … (10 years later) … $129,600,000 … (10 years later) … $777,600,000

If you have RM777,600,000 today, you will be ranked around the 20th richest men in Malaysia. But that’s too far fetched. 50 years is too long to imagine. Malaysia just celebrate his 50 year old birthday. So, we just target 20 years enough.

RM100,000 + 20 years + 20% compound = RM3.6 Million

Key understanding here is that the rewards from compounding come late in time. Early in time, the reward is not enough to feed chicken. Let me explain.

At the beginning, you will laugh at the return. On the first year, your money only increase RM20,000 from your RM$100,000. Most people make more than RM20,000 per year. So compare to their income, they can say, “So what?” It is not tasty at the beginning.

Even in the 2nd year, you only get RM24,000 from your nest eggs of RM120,000. Again “So what?”. Not tasty.

But when the snow ball grow bigger and bigger, your money actually increase to RM600,000 in 10 years. Your money will grow $120,000 on the 11th year! Well, there are still people who can make $120,000 per year. So nevermind, wait another 10 years until your snow ball grow to RM3.6 million. At the 21st year, your money will grow by $720,000! Now, tell me how many jobs can give you $720,000 per year? Even Hishammuddin doesn’t make it!

The power of compounding come late in time. It is like a exactly like a snow ball that roll bigger and bigger.

– NOW, THE PLAN –

1. Save RM100,000 in 5 years. You need to start as early as possible. If you start immediately after graduation, you should be able to save RM100,000 before 30.

Remember that the more money you are able to pump in at the beginning, the bigger rewards you are going to reap at the end. RM100,000 is the bare minimum. If you can, get more! RM100,000 gives you RM3.6 million in 20 years, RM200,000 will gives you RM7.2 million!

2. Aim for 20% compounded return. But you will still do fine with 15%. With initial capital of RM100,000, 15% will give you RM1.6 million in 20 years. 20% will give you RM3.6 million in 20 years.

At that time, petrol and toll fee at KL is dirt cheap for you and you will not be angry with Sammy Vellu.

Why The Early Stage Is The Most Critical!

A RM1,000 saved at 25 year old is worth a lot more than a RM1,000 saved at 35 year old. Because if you saved RM1,000 at 25, it will become RM6,000 when you are 35! (remember the magic number 6)

So it is the same for RM100,000! A RM100,000 saved at 30 year old is worth a lot more than RM100,000 saved at 40! Because the RM100,000 saved at 30 will grow 6 times to RM600,000 at 40!

This is why it is very important to start as early as possible and squeeze as much money as possible from your salary.

Here are my suggestions… these are not jokes!!!

1. Don’t buy a Toyota Vios or a Honda City yet! These are fresh graduates favorite cars. Don’t even buy a Proton Savvy or Proton Wira! Just buy a damn Proton Iswara (or Honda 70)! If you buy a Honda City, you probably will drive the Honda City for your whole life. But if you buy an Iswara and save the remaing for compounding, you can drive an S Class or BMW 7 series or even a Porsche 20 years later (buy 2nd hand one lar, cheaper). If you really want to buy a better car, buy it only after you have saved RM100,000.

[AhYap is still driving his damn Iswara]

2. Don’t buy a house yet! Rent a small cheap room for the first 5 years or stay with your mum! Buy a house only after you have saved your RM100,000 capital. If you get a housing loan too early, it is VERY hard for you to save the RM100,000 because of the heavy installments. A house is NOT an asset -> Read the book ‘Rich Dad Poor Dad’. It will only make your poorer.

3. Don’t buy medical card and insurance yet! My insurance friends are going to kill me on this. But I still have to say it. Buy it only after you have saved your RM100,000! If you really want to buy, a better plan is to kill yourself after 2 years so your family will have the RM100,000 insurance claim to compound and let them get rich.

Why can’t you just take the risk of not having an insurance policy for another 5 years? Most probably you don’t have any insurance policy when you are studying in University and in secondary school. Most people spend 10 to 20% of their income in insurance. That’s a lot of money!

4. Don’t get married yet! Uhhhh. This is not an advice, this is just the truth. When you have a family (even just a girlfriend), you will tend to overspend. Luxurious dinners, gifts and entertainments…

Furthermore, females are weaker with money (a.k.a. NUMBERS). It is very hard for them to understand why you need to save so much and the concept of compounding. I am not discriminating female, I am just telling the truth. Female hates physics and maths in secondary school because their brains are not design to process numbers. For girls, it is always better to buy a new shoe and a new Sony Ericsson right now, than to see it grow 36 times in 20 years so she can buy many many LV bags and Coach bags.

Girls are also brain washed by their parents since they are kids. If you want to marry her, you need to buy her a house and put her name on it. No house, no wife. You will also need to buy her an EXPENSIVE wedding ring. Because she says the SIZE of the ring represent how much you love her! Wedding dresses, wedding dinner, wedding album…. you have got to show that you love her, with MONEY.

[Girls, if you have a RM5,000 budget to buy a diamond ring today and you spend all to buy it, your diamond ring will immediately worth 50% less because it is now 2nd hand. And you will never have the chance to sell it at RM5,000 again in your whole life. If you buy a RM1,000 ring and put the RM4,000 to compound, you can buy a RM96,000 diamond ring 20 years later]

Cibai… why my post is getting longer and longer…

There are thousands of ways to save more money from your salary. Don’t go to Mid Valley, One U and The Curve will guarantee to save you plenty of money. You all know Sunway Pyramid has just expanded with a new wing, but don’t go!

Can a University Graduate Really Save RM100,000 in 5 years?

University graduates usually will have an income from RM2,000 to RM5,000 in the first 5 years of their working horizon. It is even more if you are a Malaysian working overseas in places such as Hong Kong and Singapore. If you can stay alive with just a mere RM600 PTPTN in University, it is BULLSHIT that you can’t save RM100,000 in 5 years with such salary.

The point is whether you are willing to save those money by temporary lowering your standard of living so you can reap the BIG reward in the future. And on whether you understand how much your RM100,000 will be worth 20 years later.

Save the damn RM100,000 in the first 5 years. Live like you are depending on PTPTN for the first 5 years. Then you can do whatever you want to do with your salary after you got your initial capital (car, house, insurance, wife, Sky Bar, Lorenzo, prostitute …).

To make my earlier examples more easy to understand, I’ve asked you to compound only after you have RM100,000. But in real case scenario, you begin to compound the day you start putting money into your capital! If you save RM10,000 for the first year and compound it at 20% for 5 years, it will become RM25,000! So the money you save in early years will enjoy compound gain. So even if you save less at the beginning when your salary is low, the power of compounding is already working for you. And in the late years when your salary is higher, you can save a higher portion of your salary. So RM100,000 is really not that hard!

Savings Plan Example -

Year 1 – RM10,000
Year 2 – RM15,000
Year 3 – RM15,000
Year 4 – RM20,000
Year 5 – RM25,000
Total _- RM85,000

So you saved a total of RM85,000 from your salary in 5 years. But since you already have money saved in the first 2 years (RM25,000), you should be able to invest those money and earn your remaining RM15,000 easily on Year 5. So you will be able to get a minimum of RM100,000. Understand now why car, house, insurance and wife will slow you down?

Final Words

I have explained the power of compounding to a lot of people in the pass few months. And honestly, most of them listen with one ear in and one ear out. Some even feel so sleepy that they open their mouth as BIG as the mouth of hippopotamus. So I decided to blog everything out once and save my saliva next time.

I even told many of them to buy ICAP when it is traded in the range of RM1.60. Luckily my parents listened to me, and also 2 of my friends (one of them is soufulow. Yo! high five). But most of the others never listen. This is the market price of ICAP compare to KLSE Composite Index.

It is traded in the range of RM1.60 for several months, giving people a lot of time to buy. I bought from February to April at prices range from RM1.44 to RM1.66, with the final averaged bought price of RM1.55. Soufulow even bought at the peak at RM1.67 in May. I sold all my mutual funds, Amanah Saham 2020 and close all my FDs to invest almost ALL my money in this one single stock. It closed at RM2.04 on last Friday. A 31% growth for me.

This close end fund (listed as ICAP in KLSE), is managed by Tan Teng Boo, the guy who did 24% compound for the last 10 years. You can learn more about the fund here. I will definitely write more about ICAP in the future.

I’ve shared my knowledge here. It takes me more than 7 hours to write this post. I’ve done my part. I don’t have the responsibility to make you rich. I could have watch movies or sleep in the last 7 hours (it’s 6.18am now). I don’t make a single cent from blogging. I have read 20+ books on investing in the last 12 months and this is the essence I have for you. Plus a few more that I have written in Intelligent Investing. So whether you want to make use of these knowledge, is totally up to you.

Click here for Part 2

Sorry for not blogging for more than 6 weeks. I am hiding in a cave in Ipoh so that Hishammuddin cannot find me and put me in jail. Mr Hisham, I am not trying to make fun of you, I am just teaching people how to spell your name correctly only lar.

OK. The real reason I am not blogging is because I have put a lot of things into my NOT-TO-DO list. You have heard of TO-DO list many times, which list down a lot of things that you need to do. A NOT-TO-DO list on the other hand is a list of things that you want to remind yourself NOT TO DO!

When we have a long TO-DO list, we will be very stressful and overwhelmed. We have so much to do and yet we have so little time. But the good news is, a lot of things that we put in our TO-DO list can actually be eliminated without affecting our life! By transferring these meaningless TO-DO to a new NOT-TO-DO list, we earn a lot of extra time. You will feel more relax and focus. You get FREEDOM.

So, unfortunately, I have temporary put blogging into my NOT-TO-DO list. Not because of Hishammuddin invites me to drink tea at ISA lar.

Another thing that I have put into my NOT-TO-DO list is StreamyxSucks.com. Since they setup a new 10Gbps link in July, I have been enjoying incredible speed with Streamyx. But I find out that while I am enjoying decent speed, there are actually more people complaining after the upgrade. But until today, I still enjoy my Streamyx very much and it is the best connection I have gotten for the pass 5 years.

So I have decided not to continue my StreamyxSucks.com project and will stop collecting emails today. Sorry to act like a politician – Talk COCK a lot but do nothing at the end. Maybe I do have some politician blood? Wahaha.

I will give you guys some direction on what’s next.

For All Torrent Freaks and P2P Addicts

For torrent freaks and P2P addicts, all you need is a VPN service. A VPN route your torrent and P2P connections to another server to bypass the capping done by Tmnet. You can easily get 50kb to 100kb torrent speed by using VPN. Current I am using BolehVPN.

You will need to pay for this service because these guys need to pay for the Server. The price is around RM1 per day and there are several packages. However, I suggest that you never pay more than 2 months at once! This is because there are several VPN providers that have run away! I paid my last provider 6 months in advance and he run away after 2 months. So only pay the amount you are comfortable to loss. You can find other VPN providers here.

For Those Who Just Want To Rant and Complaint

Lowyat Forum, the biggest Malaysia community has a very active Streamyx forum where you can meet a lot of Streamyx users online. They even setup a special rant thread for you to fxxk tmnet CEO’s mama and grand-mama (over 1,700 replies!).

Soufu has also collected a lot of streamyx complaints here and he wants you to submit more.

For Those Who Want To Have a Streamyx Sucks T-Shirt.

Soufu called me and say he is very interested in printing the T-Shirt and I am sure a lot of you are very eager to wear it, so please check out Soufu’s Streamyx Sucks T-Shirt Design and push him to print it as soon as possible!

For Those Who Want To Quit Using Streamyx And Use Other ISPs

Unfortunately, almost all ISP are more fucked-up than Streamyx. For Streamyx, you can at least call 1300-88-9515 to send your regards to their mother and father but for most other ISPs, they don’t even pick up your phone calls. You will get more depressed and end up complaining at AhYap.com.

But there is always hope, check out Redesign Malaysia – Better Broadband for a list of ISPs and activities that you can participate in.

For Those Who Want To Screw AhYap’s Ass Hole For Overpromise and Underdeliver for StreamyxSucks.com

I will wear 16 underwears beginning today so it won’t be easy for you! I am protecting my asshole at all cost!!!

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Free Streamyx Sucks banners will always be available at StreamyxSucks.com. Comments for this post is now closed as you can now find more abang adik at Lowyat.net’s Streamyx forum.