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Starting a Transport Business

Haylo — Mon, 25 Nov 2024 16:41:30 +0800

Hi guys, i plan to start a business in transport. I have a partner that is currently doing transport on weekends only. Most of the time her clients are foreigner from Singapore coming to JB for vacation.

So far the risk i can think of is the lack of clients. However, from what i understand from my partner is that, the client is so much that sometimes she have to drop job and refer the job someone else and just collect commission. The only reason she cannot do this transport job fulltime is because she does not have the capital nor the credit score to buy a bigger car. Heres where i come in, I am credit worthy for a huge loan. She only has normal Perodua Bezza. The big money is the 10 seater clients that go KL-Johor and she can gurantee to have a job every week. When she gets a 10 seater job, she would rent a 10 seater Starex to do the job.

1) What are the risk that i overlooked?
2) Is it worth it to create a SSM just to be a glorified Grab driver?
3) @Experienced driver, what are the best 10 seater for a transport business? Is 2nd hand Alphard low maintenance?

Thank you in advance for your advice.

Are there any property listing across Malaysia?

Haylo — Mon, 22 Nov 2021 23:41:57 +0800

I am a data science student trying to perform data analysis on Malaysia properties. My search at Kaggle only have limited data.
Any sifu over here know where I can download an excel file of property listing in Malaysia?

Do I have too much insurance?

Haylo — Tue, 18 May 2021 22:52:46 +0800

I am total noob in insurance. Lately only start to care about insurance because everyone say I sohai. So old already but know jackshit about insurance.

Three insurance in total.
I have one insurance from employer. One insurance mum buy for me since I was of small age. Only last year i start paying myself. One more insurance with Takaful FWD.

Is it too much?

Is the Takaful FWD good? I spent RM300 every month for the past 6 years contributing to it. Did I waste my money? The fund performance was shit (losing money).

Please help

Service Loan or Increase EPF?

Haylo — Sat, 12 May 2018 19:32:27 +0800

Hey guys, I have a loan at 8.9% which I need to pay for 10 years. Should i stop contributing my own money to EPF and start servicing the debt? Which one make more sense mathematically?

How to sell durian?

Haylo — Tue, 22 Aug 2017 19:29:21 +0800

Hi guys. I have a musang king durian orchard that is biund to bear fruit by a few years. I plan to sell them to China.

What are the correct procedure to sell durian to China?

Where can I find out about the packing technology?
Who are the distributors in China?
What are the paperworks needed?

Any one with experience can give some insights or some obstacles which I overlook?

Thanks in advance.

Any group or community doing Value Investing?

Haylo — Tue, 20 Sep 2016 23:25:19 +0800

I have been studying on value investing but I find it overwhelming to do it alone considering how I do not have finance background.

Are there any community here or anywhere else that discuss value investing on Malaysia's stocks? Most of my study material are using USA companies as example.

How to use Malaysia Road Sign

Haylo — Mon, 12 Sep 2016 23:57:55 +0800

Hypothetical question.

Lets say I am tasked to go to a place in Malaysia called Padang Temu.

Assuming i don't know where is Padang Temu(not even which state it is in), using only signboards on the road, how would i reach my destination without relying on any electronic device(Google search, GPS)?

Are there any systematical way to find my way to my destination?

Basically, before the advent of GPS, how do people find places and navigate themself to reach there?

I am asking this because if the road sign in Malaysia keep showing Ipoh and Kuala Lumpur, how would that be helpful for me to reach my destination which i do nit know?

Where to Learn First Aid In Melaka

Haylo — Sun, 29 May 2016 22:49:39 +0800

I wanna learn first aid to save lives when situation arises. I don't wanna live the rest of my life feeling guilty that I could have saved someone's life by performing some simple first aid routine.

Any idea where I can learn first aid in Melaka?

Are there any good website for Retirement Planning

Haylo — Sat, 21 May 2016 13:56:51 +0800

I search on the web all for Americans. All ask buy S&P 500 Vanguard or Index Fund and goyang kaki.

But Malaysia no platform to buy S&P500. And index fund in Malysia is not worth to invest in Malaysia because of all the extra "admin" fee that they charge.

Is there a website that helps Malysian build a solid retirement/financial plan?

Should I Resign to Study Masters?

Haylo — Sat, 14 May 2016 00:35:36 +0800

Currently my IT job pays good but it is the operation type. Due to the critical nature of my work I have to answer calls some times in the middle of the night. I don't know if my job has any prospect because it is like the system admin type. Answer user why system not working the way it is, grant access, roll out system to new sites, test system, maintain infrastructure health...etc

So I plan to upgrade my skills by studying masters by Taught Course in Data Analytics so that I can change my job scope.
I plan to find a job in China cause it is my dream to work there.

So is it wise to resign so that I can concentrate study or take part time?

Also, is Data Science a good course to take? I am interested in its application at machine learning.

At 25 years old, izit too late?

How To Work In China

Haylo — Mon, 09 May 2016 21:49:57 +0800

How hard is it to get a job in China(Shanghai to be specific) for a system admin or data analyst? Are they willing to hire asian foreigner? Do they have high demand? What are their expectation? How is it different with Malaysia?

Anyone here with experience looking for job in China straight after they graduate in Malaysia?

Should I Resign and Pursue Studies Full Time?

Haylo — Sat, 16 Apr 2016 13:32:15 +0800

I plan to take Master by Taught Courses In Data Analytics. Should I resign by job so that I can quickly finish it in 1.5 years? Or Do part time and finish in 3-4 years?

My current job requires me to be on call for one week every 2 months.

How does McDonalds Scout for Location

Haylo — Sat, 09 Apr 2016 17:11:43 +0800

How does McDonald scout for location to open up business? Do they have a specific checklist that they check to see if the place is "HOT" or not to maximize the number of customers?

Masters in Data Science or Masters in Database

Haylo — Sun, 03 Apr 2016 22:49:16 +0800

Hi guys. I plan to work outside of Malaysia (Singapore or China). But I am afraid my skill/knowledge is not good enough for companies over there to hire me at a salary I want.

So I decided to part time study Masters by Coursework at UTeM. I am interested in Database Technology but I found out lately that UTeM is also offering a new course in Data Science(Study Big Data and it's technologies).

Database is currently within my job scope, but Data Science seems trending in today's IT world.
I am interested in both. Which one is better in terms of employability and salary?

Are REIT good for young people?

Haylo — Thu, 31 Mar 2016 22:27:44 +0800

I see the AXIS REIT chart like very flat only:
http://chart.finance.yahoo.com/c/my/5106.KL

The appreciation rate is so slow. Is it only suitable for old people with a lot of money looking for a stable dividend?

Marrying Foreign Person

Haylo — Tue, 08 Dec 2015 23:00:04 +0800

Is there an agency that provides service for settling all the bereaucracy hassle for marrying a foreign person?

I go JPN and read all the stuff and got confuse.

Can i pay someone to do this for me for a fee?

Thanks in advance.

How Do People Finance Franchise Startup Cost?

Haylo — Sun, 06 Sep 2015 22:20:11 +0800

I wish to own a franchise. It cost approximately RM800,000. I have an annual salary of RM35,000. How do I finance it before my hair grow white?

Anyone of you here can share the experience of amassing that amount of money to start a franchise?

How to Evaluate Good Shoplots?

Haylo — Sun, 06 Sep 2015 20:36:25 +0800

Hi sifus, I wanna buy a shoplot in Melaka for rental collection purpose so that I can have a flow of income when I retire. As this is a big commitment I wanna make sure that the purchase is good.

So are there are any kind of checklist to check if a shoplot is 'hot' place or not?
For example:
- Parking space must be ample
- Shop must be facing main road for maximum exposure
- Shop must be near crowd (shopping malls, tourist attraction...)

Any more criteria from experienced property buyer?

How's REIT doing in Malaysia?

Haylo — Wed, 03 Jun 2015 23:08:53 +0800

I recently bought a book about REIT investment in Singapore. How are the prospects here in Malaysia? Are the tax laws here favourable towards REIT like the one in Singapore?

What platform is used

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