Invest in an Asset, not a liability, with your own TimeLine,taking Risks/Return into account
It is very important to know that everyone’s requirements are different, everyone risk tolerance and time horizon is different, do not follow the crowd, what is good for you may not be good for another. But the basics are the same, do not buy what you cannot afford until you get returns from your Assets, one of the most stupid thing to do is keeping up with the Jones, you do not see how they get their assets, maybe they could be owing the banks millions of dollars. Do not believe in “Get Rich” schemes, those who say they get rich owing multiple properties, do you know the Risks they undertake, if a property they buy cannot be rented out, you will be faced with bankruptcy. I am not saying that will not happen, but you need perfection to execute perfection, the access to information to buy the right properties that can generate rental returns beyond your installment payments, especially if no downpayment is utilised. The access to the right information is always crucial to success. The use of the right platform is always a must. I always believe in Value Investing, and Wealth Park has all the information of companies to help you find success. Always spend time to do your own research, following the crowd will always mean you are always too late, to benefit for your own work. Having an AI platform to tell you everything about the company, it’s PE ratio, it’s dividends and it’s balance sheets, it’s potential and the direction it is heading will always give you it’s earning potential, not having access to information means you are trading blindly, 100% sure to lose money. Contributed by Oogle.
In order to prevent China from dumping steel products in the US, the US employed tariffs to punish and prevent China from accessing their markets. I feel that you do not have to do that. To discourage dumping of goods and services all you need is a price control mechanism with a range to protect your own domestic industry, rather than tariffs and sanctions which will seem more like protectionism. Nobody can a have Free Trade deal without trying to protect their own domestic markets from dumping by other nations. As long as you understand that you should not keep more than 30% of your domestic markets protected you can already sign a FTA. The world is not yet perfect and like the example of the African states, their agriculture markets are deeply affected by the EU states and farm subsidies that cause African produce to be not competitive enough. It is a creative solution which is up to deal making to solve this problem. Every country is different, and every markets are different, so if you have an insight to all trading activities and markets you can bypass all these problems. US is unrealistic to expect because of it’s tariffs, China will give total access to it’s domestic markets without concessions, trade-offs and bargaining.
There are many reasons why this trend is happening in Asean, especially China. The increase of the family income, more recreation time for family, the expansion of the camping markets, like in Hong Kong housing has grown too expensive and people are finding solutions to solve their housing crisis, smaller homes like Tiny Homes and Cardboard Homes could be solutions to lower their costs of housing. Contributed by Oogle
The Andriod OS is not suited to handle multiple threads and multi-tasking well so in the future, can Harmony OS do it? The trend is for the ROM to be intergrated with RAM when the memory limitations are removed with more advanced data transmission technologies that the OS can harness. Windows 10 OS can do it but it gets more and more resource hungry and totay’s SSD still has some way to go before it can better handle rapid multitasking threads. Software will always be ahead of Hardware and the Architecture to handle millions of threads under Neuromorphic computers has yet to be defined but the closest is Intel/Nvidia solution with GPU solution for Artificial Intelligence with Machine Learning which is now incorporated into Datacentres in the cloud. In the future, other playrs like IBM and Chinese chips will come in but I doubt the exposure will be great due to their limitations of softwares and applications unless there is widespread adoption by developers. Most cloud solution providers like AWS, Alibaba, Google, Microsoft at present still does not have a full suit of applications to handle AI and Machine Learning. Contributed by Oogle.
Where ever I go, I am welcomed because I give the establishment business, and what ever I like there will be a horde of customers who also like what I like, and I teach everyone how to survive and make money, and everyone is happy.
Based on my teachings not to engage in Destructive Competition, to do your own research on the fundamentals of the global economy and domestic economy, where the basics of demand and supply can be identified in every sector, and the correct pricing to ensure maximum profits by meeting that demand, without Destructive Competition, by moving away from products and services that do not serve our bottom line.
After the renovation of Bendemeer Food Centre, I can see a Chicken rice stall has already closed out of three, and there is a new Malay stall, a few new stalls, all able to survive based on my principles. It is no point you chase after money and work 7 days a week, because ultimately your body will fail and you will lose more money paying for your hospital bills. I myself is a good example, more than 15 years back I was making more than $20k a month as a Real Estate agent, Insurance agent and Futures trader. Then what happen? In less than 1 year I got diabetes and was not able to work for more than 1 year. My ex-wife got afraid and left me. It is a lesson I will never forget. Here at the Coffee stalls, many co-ordinate their opening hours, working less than 5 days week for a work – life balance, and still making the same types of profits as there are now more customers. At the Bendemeer Shopping Centre, there are 4 shops selling Bubble Tea, and none of their products seem similar, each having their own unique customers based on the unique products they sell.
Likewise the smartphone markets are very competitive, with Huawei leading the top of the line as it’s products are even better than Apple, but at the mid and low end there is a ton of competition where customers are dazzled but cannot tell the difference anymore. Redmi, Realme, Oppo, Vivo, ZTE are basically competing on the same price range and markets but customers cannot tell the difference. You need to research on the features that customers want for different markets you compete and diffentiate your product features against your competition. By taking pre-orders you will already guaranteed your profits without losing profits to create excessive supply, and the new business model is not to compete on price but collect data on how to improve your technologies and create new products the market demands.
Facebook made a few mistakes that will make it lose marketshare on Social Media. Firstly it is trying to intergrate all 3 platforms Facebook, Instagram and Whatsapp into one. With a lot of concerns with what Facebook is doing and it’s controls in place, people will never trust Facebook with more. It should break up the 3 platforms but retain the same group of employee to work on the 3 platforms by giving them better incentives. Everything can be modified on the employment contracts. Facebook earnings will drop in the future but Instagram and Whatsapp will raise significantly and they are not monetising it’s adoption. On user database TikTok users will enjoy the fastest growth and many advertisers will move to this platform due to it’s reach of new customers.
Contributed by Oogle.
Central bankers need to take note, you can afford to kick start your economy in a recession by following these rules :
Keep interest rates as low as possible.
Do not allow borrowings beyond 10x the person’s future earnings.
Create an expansion of credit up to 700% but must put into the right sectors.
Food security. Agriculture. Infrastructure. Automation. Machinery for production. Technology and Innovation to create higher productivity. So it is kickstarting businesses.
Micro Loans in home industries especially for woman.
Do not pump money in Real estate as it will create a bubble. Create affordable housing so that the poor got a roof over their head. Expand your rental markets.
Create jobs especially in industries of high growth. Retrain workers with skills that is relevant today and create great productivity.
Improve your education system by providing affordable trainning by online courses and certifications especially in areas of great growth.