Lowyat.NET: Latest topics by xeda

What you don’t understand about the ICERD rally...

xeda — Mon, 10 Dec 2018 10:50:25 +0800

Rally goers - most of them don’t understand or even know what ICERD is.

Non-rally goers who understand what ICERD is - most of them don’t understand that the rally goers are not there for ICERD, they are there just because certain people have made ICERD as the enemy of Islam and Malays.

The anti ICERD rally was never about saying no to ICERD, to the rally goes, it’s about displaying their unity when there’s a common enemy.

Even if the enemy in reality is just a boogeyman.

/k come deliver mob justice over temple issue

xeda — Sun, 09 Dec 2018 12:20:18 +0800

Dear /k, come share your opinion on what was the main cause of the ruckus at the temple in USJ.

In your opinion, who was truly at fault? If you could only prosecute ONE party, which would it be?

This dude’s got a point....hahahaha

xeda — Sat, 08 Dec 2018 23:39:33 +0800

I’m just gonna leave this here. Not taking any sides, but hey, at least no bomba was beaten half to death eh.

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I’m confused with Malaysia now

xeda — Sat, 08 Dec 2018 22:46:27 +0800

So after the election, they wanted to go after najib, yay, it seems that malaysia is getting on the right track.

Then they did some funny shit, focusing on the wrong things, giving free get-out-of-jail card for AES summons, literally saying “hey, it’s okay, go break the law, don’t need to face any summons for it”.

Then they went a little more crazy with PTPTN. Oh, don’t get me started with the confusion on our mega projects, country heavily in debt one second and the next second it’s okay for Malaysia to create a proton 2.0.

Then we have a bit of a hoo-haa with TM and Internet, and then we have more hoo-haa with PTPTN, and a whole lot of u-turn (is there even one decision from the government that did not involve a u-turn?) Then we have the temple who stole RM 1.5m from the developer and now is crying victim and seems like they get to become the hero despite going against the court orders, oh what happened to the 1.5m? Lel

And now I’m confused again with ICERD, so mahafiraun said that he wanted to sign ICERD, but then he u-turned saying don’t want to sign, and then we have 50k people saying “syukur no ICERD” and we have people saying “boooooo why u support anti ICERD?!?!?” But why are these people who is supporting ICERD didn’t go to the suhakam rally to support ICERD?

Oh heck, don’t get me started with the emo minister who posted linkin park on his Instagram to show the whole world that he can’t handle the stress and became emo.

What the hell happened to malaysia, things used to make sense, why the heck are all these nonsensical things happening?

Don’t say it’s all from UMNO/PAS, a big chunk of the confusion and nonsense came from the government too, seems that now, both the government and the opposition seems to be equally farked up.

Can’t we just overthrow najib and have things make sense? Honestly other than najib, I think the previous government might make more sense than the current government.

Kamikaze dead liao...

xeda — Tue, 27 Nov 2018 15:18:01 +0800

It lasted for 30 min.

RIP our hero CKC.

Thank you for the keyword.

What do we call someone like this....?

xeda — Tue, 27 Nov 2018 11:34:03 +0800

QUOTE(Keisuke Honda @ Nov 27 2018, 11:03 AM)

If you're a malay...how if I stomp on Quran in front of you?
If you're a chinese...how if I stomp on your ancestors' grave?

Now you know why the temple devotees go berserk.
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QUOTE(Keisuke Honda @ Nov 27 2018, 11:11 AM)

I'm not saying that they're entirely right.

Kalau ada belajar, ada akal, will either report polis or think "let God punish them in afterlife".

But...

I would say current culture is at fault, especially islamic education in Malaysia nowadays. By educating Muslims to think that their religion is the "best", "faultless", "above all", you get thugs that behave this way.

If I'm a gangster, I beat your father, smack your mother, or even rape your sister also I won't touch your ancestor's grave/your deities/your mosque.
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Damn taichi putar halim level najib.

Hindu temple riot can be putar-ed halim to be malaysia’s current culture fault and Muslim’s fault.

Wadefak?

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Latest reply before he got deleted? Lelwtf

This dude has some mental issues man.

Dem siapa punya car is this

xeda — Mon, 19 Nov 2018 17:45:57 +0800

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ETIQA car insurance

xeda — Thu, 25 Oct 2018 14:09:00 +0800

Posting this here so that a lot of people could get the info.

I was recently in an accident, and agreed with the other party that we would file a police report and claim insurance.

Normal process up until police report. After that I started looking at what are my options to claim insurance. It was cosmetic damage - my rear bumper needed a new coat of paint and some repair to it, but the car is driveable without any issue.

Not wanting to spend months in the insurance process, panel workshop, etc - I was digging around in my insurance product Disclosure Sheet where I found this clause -:

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Oh how wei...it’s a cash claim!

The process is pretty simple -:

a) Call up your Insurance, tell them that you want to claim insurance but don’t wanna fix it at their panel workshop and what are your options
b) They’ll take down your details, and will assign a claim officer to you
c) Proide documents (police report, IC, license, etc) to the claim officer through WhatsApp
d) Claim officer will schedule a VC with you using an app (like Skype) and he will take videos/pictures of the damages to your car. If it’s mostly minor cosmetic damage, don’t need to fix at their panel workshop (minor being if the claim is estimated to be below 3k)
e) Claim officer will process your claim, doing their calculation and would give you an offer based on parts/labor/etc
f) Sign on offer letter, scan and email it back to him.
g) Money in bank the same/next day, feel free to fix your car anywhere you want, or not fix it at all.

Note that you’d need to sign a liability waiver saying that you will waive liability since you’re taking a cash claim. Panel workshop repairs gives 6 month warranty if you go through their panel workshop.

I did this whole process and got my claim in about 2 days after the accident.

And the best thing is - no visit to panel workshop, since my car only suffered cosmetic damage, didn’t lose my car, still can drive it around up and until when I decide to fix it.

I’ve asked the panel workshop, their quote to fix my car and new paint would be 2k, asked my regular workshop, it’s about 400. Insurance cash claim got me a little over 1k.

Unker zeist van....

xeda — Fri, 12 Oct 2018 10:33:43 +0800

Unker zeist, is that you?

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Najib trolling

xeda — Wed, 10 Oct 2018 16:04:49 +0800

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What if...

xeda — Sat, 06 Oct 2018 00:10:32 +0800

What if, BN, PH, PAS, etc etc, all the political parties in Malaysia are actually just the same - they’re all allies in this grand scheme of screwing Malaysia and Malaysians?

Look at what’s going on now la....MCA/DAP switched roles so quickly like they’ve trained for it.

UMNO/PKR also the same shit, both completely tukar perangai.

I say it’s all wayang saja. All politicians are just providing drama for Malaysians while they korek all the money and screw everyone.

Anwar is bending down to Mahathir after all the shit mahathir gave him last time? Lel.

Everybody is bowing down to mahafiraun, even after he locked up a whole bunch of his own ministers?

Don’t expect any changes to malaysia la, Malaysia will always be the same, just different people doing the corruption saja.

Distract everybody with so much dramas and bleed the country while enriching themselves.

Breakfast today....

xeda — Fri, 28 Sep 2018 07:23:57 +0800

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Kiamsiap uncle....bila nak maju?

xeda — Mon, 24 Sep 2018 13:22:05 +0800

Dear /k,

I was walking back from my lunch at sunway, and I spotted something interesting, oh, it was an o-bike with a CHAIN AND PADLOCK on it.

Took a picture of the bike, and suddenly some kiamsiap uncle came running towards the bike asking if I wanted to use it.

I asked him why did he chain it up, was it his bike?

His answer was “oh, the company is dead, you can’t find these bikes anymore, but I subscribed for 1 year that’s why I took and chain it up”.

Note that him being a typical kiamsiap person, his English was not that good, so that was the gist of what he was trying to say.

And yes, the moment he saw me, he was gone within seconds trying to run away. That’s him taking off his lock, and that’s him on the bike, didn’t really want to take his face cuz kesian la, too kiamsiap already later can’t cari makan how?

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What happened to tabung harapan?

xeda — Fri, 14 Sep 2018 14:22:49 +0800

Dear /k, what happened to tabung harapan? Last time I heard it was supposedly going to be audited la apa la to avoid corruption and to ensure the money is used for the right purpose? Anything happens or Malaysian mudah lupa?

Here’s your chance to question PH

xeda — Tue, 04 Sep 2018 18:28:45 +0800

Dear /k,

Am currently at InvestKL merdeka dinner and we are given an online forum to post question to panelist - you can google the minister that will be in the panel.

Any questions from /k that u guys want me to post on your behalf? Though it seems like someone from /k is here too from the looks of the LGBT question....

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Long Term Financial Planning - with a dream

xeda — Fri, 31 Aug 2018 02:35:52 +0800

Hi guys/sifu/dato/datin/tan sri/boss/kuli/bankers/OL/etc sekelian.

Am a 30 year old office worker this year, planning to get married within the next 2 years and am doing some long-term financial planning, don't mind to get some strangers and a fresh set of eyes to scrutinize and comment on it.

Current monthly expenses -:

a) Electric/Water bill - RM 100
b) TIME internet - RM 150
c) Maxis postpaid (me and mom) - RM 160
d) Fuel & Toll - RM 400
e) Condo/Apartment maintenance - RM 270
f) Food & groceries - about RM 1.5k rough estimate (I'm paying for 2 person, me and my gf since she's studying)
g) Rental for gf apartment - RM 1.6k - RM 500 (from her) - RM 450 (1 room rented out) = RM 650

Total monthly commitments - RM 3230

Outstanding loans -:

a) Medium-cost apartment for rental investment - RM 820 (loan balance of RM 160k, with possible rental of RM 900-1k, either paid from rental or from EPF withdrawal, currently empty undergoing cleaning after previous tenant left)
b) ASB loan 200k + ASB 2 loan 100k - RM 1.6k
c) 0% installment - RM 1.6k (used to buy wedding preparations - big chunk of it is the diamond ring, will be done in 4 months, some gold and silver purchases here and there, roughly next year will be minimal balance)

Monthly income -:

a) Salary - let's just put a number at 6k net.
b) Rental - 820 (either will come from a tenant or from my EPF account 2 withdrawal)
c) Room rental @ gf apartment - 450+500 (possibility of gaining another 550 if I could find a tenant for another room, but probably wont be able to, as I'm quite picky when choosing tenant)
d) GF part time income - roughly about 1k, she gives me about 400-500 as she needs some money for her studies, PTPTN covers about 80% of her tuition fees

Yes, I know some people are going to say that I shouldn't be paying for my gf's apartment and food, but it's just the way I am - I wouldn't want her to worry about making ends meet if she's alone, and we pool our finances together (she gives me her money to save/manage).

So the way I see it, current situation within the next 1-2 years until I am married -:

Expenses = 3230 + 820 + 1600 + 1600 (worst case) = RM 7,250
Optimistic expenses = 3230 + 820 + 1600 (0 % installment should go off in a few months) - RM 5,650

Income = 6000 + 820 + 450 + 500 + 400 = RM 8,170

Balance = RM 8,170 - 7,250 = RM 920 x 12 = RM 11,040

It looks like for the next 1-2 years, me and my gf seems like we're doing fine, however, looking at my bank balance, it hardly is the case, which I am guessing are from one off expenses such as -:

a) Road tax/insurance for car yearly - 2k
b) Maintenance of car - estimate about RM 400/service, roughly about 3 times/year + maybe extra 2k for some additional wear & tear per year (7 year old car) - 3.2k
c) Entertainment (consists of dates, movies, eating out, games, arcades, etc) = 500/month roughly - 6k
d) Dinner with my parents - almost every Saturday we would spend time with my parents eating out, sometimes with my nieces/nephews too, 150/week for about 6 people - 7.2k
e) Indulgences - examples, durian for my dad during the durian season, some cakes for my mom/gf, going back to gf hometown once in a while to visit her family, etc, going to estimate this at maybe 3k/year
f) Misc (doctor visits when my gf gets sick, I am covered by company medical insurance, once/year vacation) - 1k/year

Total one-off expenses = 2k+3.2k+6k+7.2k+3k+1k = 15.9k, round it up to maybe 16k.

So using my worst case scenario expenses, I am roughly about RM 5k overspending per year, which seems to be the case as for the past 2 years, I find myself using my savings sometimes.

My plan is that I am going to bear with the current expenses level and lifestyle for the next 2 years (as a RM 5k deficit is bearable with my bonus/savings/ASB), and hoping that in 2 years after my gf have finished studying and we get married, my income would probably go up, combined with her fresh-grad salary, the total income would be adjusted to -:

7000 (my salary) + 820 (my rental/epf) + 2500 (her salary, assuming we'll stay together in my current apartment) = RM 10,300

New expenses would be adjusted to -:

3230 - 1600 + 820 + 1600 = RM 7,250

Balance = RM 10,300 - RM 7,250 = RM 3,050 x 12 = RM 36,600/year - one off expenses of 16k = RM 20k/year.

Estimate that each year I would get RM 18k from ASB dividends + RM 20k from yearly bonus at my company = RM 20k + RM 18k + RM 20k = RM 58k (additional income estimated when I get married and combine our income and expenses more)

Now, there's 2 things that is lingering in my mind for quite some time,

Currently my plan is that I will be using my ASB dividend + yearly bonus for my marriage fund, got about 2-3 years to accumulate these bonus + dividends, rough calculation about RM 18k (ASB) + RM 15k (bonus) - RM 5k (current overspend) = RM 28k/year x 3 = RM 84k

Big-ticket items for marriage expense -:

- Ring (bought)
- Catering (estimate RM 15 x 1000 pax) = RM 15k
- Dowry = RM 6888 (lets round it up to 7k)
- Invitation card = RM 200?
- Misc (outfits, budget overrun, small items, door gifts, etc) = RM 5k?

So total maybe around 15k + 7k + 200 + 5k = RM 27.2k, maybe would hit 30k

That leaves me with an additional RM 54k from my savings; possibly more as I have some savings currently too.

My first "real" question (feel free to comment and criticize my expenses above)

Would a RM 30k budget for my wedding be sufficient? Just 1 wedding will be done by me, not sure if would need to do a tea ceremony on my gf's side, but that's what the buffers and rounding up are for.

My expectation of a wedding - typical Malay wedding, no fancy dinners, don't need fancy overseas photoshoot or whatnot, just going to invite families, friends, parent's friends, etc (hence the 1k pax), and get it done in a day - anything that I am missing in my wedding estimation, or any unknown factors that I should be aware of?

My second thought;

I would categorize my parents to be in the upper middle class income, retired government servants (lecturers) with monthly pensions that is enough for them to spend on daily needs and luxuries, but they are getting older and my dad is a diabetic - would anybody has any experience in terms of what should I do with medical cost preparations, etc?

Also, my parents throughout their career, have accumulated several investment properties (about 5 apartments) and they have 5 other "family" houses/apartments (which are their own house, given to my sister, me, my aunt, etc).

Currently out of the 5 apartments that my parents have, only 1 is generating steady monthly rental income; the remaining 4 are their weekday houses to socialize with the people around there, giving free tuition classes to the kids there, etc - just to keep their mind and physical body active.

But talking about future planning - meaning thinking about my kid, my grandkid's generation, etc - I have a dream of starting something like a family rental business - I have spoken to my parents about this at one point, and we agree that their investment properties and the family homes would be divided equally between me and my sister; but seeing as my sister is permanently working overseas and outside of Malaysia, I would probably need to handle most of the maintenance and upkeep of the properties.

Looking at my finances above - income/expense/surplus, would it be possible for me to perhaps accumulate an additional 3-5 apartments? My aim are medium cost apartments, I'm thinking after I am married and maybe 2 years in, would have enough saved from ASB/bonus to put on a downpayment for an additional 1-2 medium cost apartments, and the increase in salary each year coupled with additional income from my future wife should be enough for us to have decent holding power.

The way I see it; my family has 5 investment properties from my parents; my rental apartment would add another one, and my dream is that throughout my career/life, I would be able get that figure to maybe 10-15 investment properties (be it apartments, shop houses, offices, etc) - to pass down to my kid, and to keep the chain going to my grandkid, his kid, etc.

Things that are going in my mind about this "dream" of mine -:

a) What type of business would this dream of mine be if it gains traction and gets big enough within my lifetime? Investment holding? Property development? Taxes implications, legality implications? I absolutely have no idea at all
b) Is it even possible for me to expand on this dream using purely from my 9-6 office worker salary? Currently I am very comfortable as in my career as I think I might have found the right balance between responsibility/reward/risk/time spent in term of my career & life, not gunning for any additional extra promotion or not expecting any sudden increase of income in the foreseeable future.
c) If the dream gains enough traction - let's say I would have somehow been able to amass a total of 15 properties and somehow am able to hold on to them - should I expand into creating a company, carrying it along as an individual, etc?

Or should I just scrap the whole dream and dump any and all additional money me and my gf might have in the future into her ASB account?

My retirement fund would probably be coming from my EPF and ASB, of course I would have to choose to sacrifice a big chunk of my ASB if I were to pursue this dream of mine, as part of the funding would have to come from ASB's dividend.

Ideas? Thoughts? Critics? Tell me if the dream is possible with my current financial standing, or tell me my dream is just a dream?

Thanks for spending your time to read such a long post.

Note -: numbers, figures, are not exact and are rough calculation and might be overstated or understated as they are there just to give some "direction" to the scenario and situation.

Ang moh countries have no......

xeda — Thu, 16 Aug 2018 16:23:11 +0800

QUOTE(Hogwarts4Life @ Aug 15 2018, 10:31 AM)

I don't worship orang putih but there are people calling it jungle mentalities when jungles don't even exist di negara diorang.

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QUOTE(Hogwarts4Life @ Aug 16 2018, 03:26 PM)

I see someone has to go back to primary school. Dropout ke?

Jungles are found in the tropics.
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Dear /k....what amazing world am I living in here?

IS IT TRUE THAT THERES NO JUNGLE IN ORANG PUTIH COUNTRY???!??!??>>^!\^\€\

Najib can take GST money, because....

xeda — Tue, 14 Aug 2018 13:43:21 +0800

https://forum.lowyat.net/topic/4636605

If there’s Malaysians who think that it’s okay to consume snacks/drinks in supermarkets before paying, then najib can take the GST money first, then he’ll just pay later what.

Malaysians perangai macam beruk, of course leaders also macam beruk la. Semua mau songlap, just the value is different saja.

The whole GST refund issue...

xeda — Fri, 10 Aug 2018 19:28:26 +0800

Why are people quite surprised about it?

As one forummer here said, GST was probably established to cover up govenrment’s deficit (cough1MDBcough), and that’s why they pusing pusing and delay the refund.

And actually, not defending BN, but that’s what all the banks do with all our money too what....if there’s a rush to the bank to withdraw all our money, there’ll be a severe shortage of money.

The world is just one big Ponzi scheme, and this round, PH joined the Ponzi scheme too late and is stuck with the shit as the new guys while the old conman founders sudah cabut with the money.

I gotta admit, BN is not as stupid as I thought, they knew when to cabut lari and chose the right time to exit the Ponzi scheme. I was wondering how come BN lost the GE and they didn’t even try to pull out a blackout, but now it’s all clear.....songlap as much while the Ponzi is still alive and when it’s about to fail, throw the shit to the new guys.

Brilliant yo, I clap for BN

We need more Malaysians like this

xeda — Mon, 25 Jun 2018 11:09:37 +0800

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