p.Holocaust II - People are Dying Off Like Flies

The last part is here:   Holocaust II - Rebecca and Gabriel Loh

AGE GROUP 
55 – 59 1300 8.0% 
60 – 64 1636 10.1% 
65 – 69 1704 10.5% 
70 – 74 2166 13.4% 
75 – 79 2461 15.2% 
80 – 84 2649 16.3% 
85 & over 4297 26.5%
TOTAL 16213 100.0% 

Abnormalities in Japanese monkeys linked to Fukushima nuclear disaster Published time: July 25, 2014 03:18 Japan

Monkeys living in the wild in the Fukushima region have tested positive for blood abnormalities linked to radioactive fallout from the 2011 nuclear power plant disaster, according to a new report. ... and the idiot invited food to be imported for fuckens from the same source. 

I didn't check these numbers, but if they are true. Then ... How can those 躝癱 do such heinous act and still sleep well at night? It is a sad day. 屌你老母臭化閪 ...扑你个街 ... These 冇屎忽畜类 really 衰到贴地. 偷呃拐骗, 生安白造 ... everything also can do.  冚家剷吾係粗口, 扑你個臭街都唔係, 屌鳩撚柒閪先係. Surely this is such a sorry state for fuckens. May all their off-springs of 冇屎忽畜类 die a thousand deaths.

The numbers simply meant by age 84, 73.5% of the population would have died off. No medicals needed. 冚家剷 ... In order to keep the population from aging, the fuckens introduced genocides. 臭躝癱 ... The fuckens knew the aging population will introduce medical needs, so they engineered a genocide by killing off people with cancers and deadly diseases. Stress, toilet water and stained food, just to name a few. 屌你老母臭化閪 ... One day ... Just one day ... May your fucken offsprings enjoy the same karmic treatment:   gals become prostitutes and guys become slaves for unending generations to come. You think you can have it easy huh? My deepest Congratulations to your future generations.

One of the most interesting jokes I have manufactured is that I had stopped dinning in chinaman restaurants or shops. They can live or die for all I care ... Life is so interesting. No need to interact with them. They provide none of the services I desired.

In the end, I am now at peace with myself. So truly interesting ... By being away, I am now home.

p.A Twist in the Tale (Part II)

The last part is here:   A Twisted Road Ahead

Everything is driven by money and yet everything is not driven by money.

I just lost another auction ... fuck them ... the norms didn't apply ...

There were 4 bidders and the price went up by 18% which is not supposed to be the case. The increase in bidding was unusual. I have budgeted for 11% increase (Just 1% percent above the 10% norm, because I like the property). With only 0-5 bidders, theoretically I was supposed to get it by 10% increase in price. But shit do hit the wall.

Well ... A miss is a miss. No love lost.

The next auction is first week August. I will find a better bargain there then.

My micro-analysis is:

There were 4 bidders. The starting 1st bid was at the reserve price (+0%). A 2nd up-bid was done (+5%). Followed by my 3rd bid (+11%) and lastly 4th bid (+18%). I didn't up-bid as I felt it was not worth it. All 4 bidders has bidded.

Basically, I wouldn't fight it.

I found that if there are 4 bidders, there would be 4 bids. Simple.

Fuck ... Let's prepare for the 1st week Aug bid.

I am still feeling restrictive. Cannot overbid and fall in love with the properties I viewed.

b.Before You Gear, Watch Your Waist-Line

The last part is here:   The Best of Both Worlds (Loan)

The bank is basically a bitch. It is never a friend.

Some suggested that if I become too big to fail, the bank will be my friend. There is no such thing. The bank is run by human staff and human staff are prone to corrupt, i.e., these staff will bankrupt you officially, raid and take away your properties and hard-earned cash and then tell all their relatives to bid for the cheap properties to be auctioned coming online. This is how these human bank staff cheat. Don't blame them, they are just good at their job. There is no need to build a good relationship with them. When the time is ripe, they will turn asshole bandits. They will line their pockets with your ills. No amount of good relationship will avoid that raid.

How then to avoid an asshole bandit raid?

• Property Price:   This is the number one killer. So buy property that has a true rental value and rate it. If the rental goes down, what could happen? Can you still lower the rental till it click "rentable" again? With this in mind, never buy a property during a bull market, no matter how tempting.
• Rental Return:   This is a must if you are into rental yield. The only time you don't talk about rental yield is your own house, but even then, you are talking about the possibility of renting your basement apartment away at all times. The rental yield should cover 150% of the instalment. Tall order? You bet. There must be a buffer in the event you need to lower the rental to rent the property out.
• Commercial?   Never get involved with commercial property. Commercial properties are not only expensive to collect. They are prone to not having a rental for a long time during a down time. Never be tempted even if the rental yield is 20%. Residential is still the safest.
• Land:   There shall be no gearing when buying land. Lands are hard to rent. But they give the best pleasures.
• Paying Instalment On-Time:   Never miss a single instalment. Don't give the bank an excuse to close on you. It helps but asshole bandits are the bad ones, not the banking system.
• Refinancing:    Never refinance your loan. You may transfer it from bank to bank, but never increase the gearing just because your property has risen in value. Let the property rise in value. So even if there is a recall by the bank. The bank will usually starts with the property that is out-of-money rather than in-the-money. They can't recall a loan that is in-the-money all the time, i.e., no matter how bad the market is, your property is still worth more than the bank loan. That way, the asshole bandits would not be able to raid it as you have an easy time servicing the instalment, due to the low gearing. In the event, your property is raided, don't despair, you are still positive. You are allowed to restart with zero to no risk. Asshole bandits hate these group of property owners. They are so blameless and pay instalment on time. They have no good opportunity with them.
• Buy Only On the Down Cycle:   This is surest way to protect yourself against the asshole bandits. They were willing to lend you because they need your loan as their key-performance-indicator. So win-win.
• In the Event of a Raid:   Sell off the worst performers first. Try your best not to sell off your better performers. Don't do it the other way round. It is going to be tempting.

All being said, good luck to one and all ...

Property investment remains the best way out of poverty. It is very easy to get real rich very fast, but the converse is also true. It can made poor a guy real fast too. So if you need to gear, play it real safe. Buy properties at only 5-15% of your cash flow. Time-line your property investment, i.e., don't buy all at one shot. Buy one at a time and let the new one settles down before moving again.

The property price is running away ...  This is only true in a bull run. So stay the fuck-out. Otherwise, you can mostly take your time.

While you are it, use some of the rental yield to fund your luxury. It doesn't hurt to enjoy a little more.

Fly MH now. It is so cheap.

b.The Best of Both Worlds (Loan)

The last part is here:   xox - Fuck-You-Up Loans

Sometime back I have always suggested no bank loans.

But with the cute and long depression underway, we are living in interesting times.

With the deep, deep, deep depression, property prices are very, very, very low. They are going down every now and then. In fact, one must learn to understand the psychic of the banks. Banks are now at very low confidence about the economy. They are not lending in big ways. Hence, if you have a solid job or strong cash flow, the banks will love you deep deep. But, they are still not lending.

There must therefore be a balance here.

Step 1:   Firm up your cash flow, say $200 per month. The bank only likes to lend only at $66 the amount (1/3). Further half that to just 15% of your monthly cash flow, i.e., $30 of $200.

Step 2:   Approach a bank and based on your $30 cash flow, find out how much you can afford to borrow from the bank, say $X.

Step 3:    Locate a property of say $2X-1.5X. Offer the owner $X. This is called a gap-down. You give the owner a rude gap-down. Some will bite. many don't. Be patient and don't fall in love with every property you visit. There is no property that one must buy. Be very, very slow in the acquisition.

Step 4:   Attend every single auction sale. Feel the fire-sale market.

Step 5:   Once you get it, renovate and rent it out for cash flow. It should be in the range of 15% and above. This is a trying times for most businesses. So a good yield is important, i.e., people can afford to rent but not buy, cos they are now poor bastards.

Step 6:   Once settled, the rental is stable and you feel no stress in cash flow and loan repayments. Go for the next purchase of another property. Talk to another bank and repeat the cycle. This next bank usually will feel extremely comfortable with you, even though you are already geared in your first property. Some countries don't even care about your other properties. They just worry about your current purchases. In white land, you can throw them back the keys if you don't like what you bought and no adverse repercussions.

In summary, the property prices are now very low. Banks are very careful in their lending, that means they are now very safe to borrow. There is little or no risk in loan defaults as the properties are priced "very" reasonably and hence, the yield (rental) is strong. One can foresee no issue in loan servicing.

It is for this reason I support the use of gearing, i.e., borrow from banks. Use it wisely. Don't over-gear.

p.I Buy a Super Market (Part II)

The last part is here:   I Buy a Super Market

This morning I met Greyhawk on my way out. He told me that his daughter was deeply disturbed. I have yet to get back to her daugther about him selling his super market to me cheap. I humbly explained that I am a poor bastard and shall remained so for a long time to come. I have no means or access to large funds to make that purchase. Further I can't guarantee that I would love white crane forever as I have too many gals out there who need my loving too.

He darkened but held back his fury and calmly explained I don't need money to buy his super market. All I need was to agreed and the super market would be transferred in stages to me using the cash flow from the profits. He further admitted that he is greying fast too. He needed a great lieutenant by his side. If I like, he can even throw in a house to boot. Such a generous offer!

I smiled, humbly declined and maintained that although I am a man of little means, I do have my dignity.

He asked me for the last time and said that since that is my decision. He will respect it. His facial expressions darkened even further when we parted.

Before this final showdown, away from the madding crowd, I did my due diligence. I am not stupid. I told Greyhawk before that I was and still am not a stupid guy. I made my own reality.

When I first arrived on the scene, Greyhawk was excited that in this god-forsaken place, I arrived as a knight in shinning armour. Bring brillance to the place. He introduced me to all his generals and said that I am the next best thing to god. I was happy with the reception, thinking that at last, there is one good chinaman on earth.

He ran me through his entire organization, asking me to take on roles to help him out. I was naive and gladly complied.

Little did I know that he told all generals behind my back to abuse me and treat me as super sub, i.e., I cover their duties whenever they need to get off. My only reward was to fuck his daughter. The generals were rude to the point that I am just indeed a substitute or for a better word, a prostitute to the place.

Although I am not a nice person, but I did take offence to being a prostitute. I may be new to the place. I have humble means. I have no contacts. I have no support from my family clan. I have no friends. But, I will be a fool to be taken advantage of from a migrant worker who has been here just a few decades earlier.

I believe he is currently very proud of his achievement but that does not entitle him to make a fool out of newer migrant workers.

By the afternoon, he told me over the phone that I shall never ever step foot in his super market again nor see his daughter. He then hung up.

He must be reminiscing and recoiling from his pains. He thought he has done a major battle royal and victory on me. But, yet I chose to run away leaving him and his generals doing sentry duties and shift work stand-ins all alone when ever their foot soldiers go on resignations, strikes or holidays. What a loving sight, a general of 3 decades old doing cashier duties, cut raw meat, scale slimy fish, mop kitchen floors and clean public toilets because the ones doing it for him had all resigned.

Bonded forever in the jobs they created for themselves. They can make all the monies in the world but they couldn't enjoy them as they can't even leave their place of work.

I smiled. Another day another battle.

I have seen so many such fools in my life and I have learned to deal with them quite easily.

My bag of tricks is only one:    Be meek and silent when confronted with adversity. Why meek? So that I don't show up their mistakes. Why silent? So that I don't tell them what's wrong with them. They will then think I was the stupid guy and don't seem to able to get their ideas across into my thick head, they simply don't know what's wrong with my head. How can they hope to achieve victory with deception. They have no scruples nor honour.

Only an honest and honourable man can do battle royal with me. But, if he is honest and honourable, then there would be no battle, he would already be my partner-in-crime. What an irony!

Winter's coming soon ... I have to prepare money for my next purchases of land. I am excited. Maybe I should also learn french to be nice to all my neighbours.

Footnote:   To win in the mind game: Never be quick to anger. Greyhawk failed to win his slave 千里马 and he ended up too quick to anger because he thought he is the almighty 伯乐 and no 千里马 can resist his charm. He has forgotten that there are mighty 千里马 out there that even money cannot buy, as well as every 千里马 is unique. He must exercise humility when approaching these great 千里马. I am not even a super 千里马 but just a strong one. To win the 千里马, one must not be impatient but to study the quarry carefully. Win the respect of 千里马 and the animal will suck your cock. It is that simple.

b.MegaTrend - 18 Signs of Global Economic Crisis

The last part is here:   Megatrend - Depression pushing through

18 Signs that the Global Economic Crisis is Accelerating as we Enter the Last Half of 2014 

A lot of people that I talk to these days want to know "when things are going to start happening". Well, there are certainly some perilous times on the horizon, but all you have to do is open up your eyes and look to see the global economic crisis unfolding. As you will see below, even central bankers are issuing frightening warnings about "dangerous new asset bubbles" and even the World Bank is declaring that "now is the time to prepare" for the next crisis. Most Americans tend to only care about what is happening in the United States, but the truth is that serious economic trouble is erupting in South America, all across Europe and in Asian powerhouses such as China and Japan. And the endless conflicts in the Middle East could erupt into a major regional war at just about any time. We live in a world that is becoming increasingly unstable, and people need to understand that the period of relative stability that we are enjoying right now is extremely vulnerable and will not last long. The following are 18 signs that the global economic crisis is accelerating as we enter the last half of 2014 ... 

#1 The Bank for International Settlements has issued a new report which warns that "dangerous new asset bubbles" are forming which could potentially lead to another major financial crisis. Do the central bankers know something that we don't, or are they just trying to place the blame on someone else for the giant mess that they have created?

#2 Argentina has missed a $539 million debt payment and is on the verge of its second major debt default in 13 years.

#3 Bulgaria is desperately trying to calm down a massive run on the banks that threatens of spiral out of control.

#4 Last month, household loans in the eurozone declined at the fastest rate ever recorded. Why are European banks holding on to their money so tightly right now?

#5 The number of unemployed jobseekers in France has just soared to another brand new record high.

#6 Economies all over Europe are either showing no growth or are shrinking. Just check out what a recent Forbes article had to say about the matter...
Italy’s economy shrank by 0.1% in the first three months of 2014, matching the average of the three previous quarters. After expanding 0.6% in Q2 2013, France recorded zero growth. Portugal shrank 0.7%, following positive numbers in the preceding nine months. While figures weren’t available for Greece and Ireland in Q1, neither country is showing progress. Greek GDP dropped 2.5% in the final three months of last year, and Ireland limped ahead at 0.2%.

#7 A few days ago it was reported that consumer prices in Japan are rising at the fastest pace in 32 years.

#8 Household expenditures in Japan are down 8 percent compared to one year ago.

#9 U.S. companies are drowning in massive amounts of debt, but the corporate debt bubble in China is so bad that the amount of corporate debt in China has actually now surpassed the amount of corporate debt in the United States.

#10 One Chinese auditor is warning that up to 80 billion dollars worth of loans in China are backed by falsified gold transactions. What will that do to the price of gold and the stability of Chinese financial markets as that mess unwinds?

#11 The unemployment rate in Greece is currently sitting at 26.7 percent and the youth unemployment rate is 56.8 percent.

#12 67.5 percent of the people that are unemployed in Greece have been unemployed for over a year.

#13 The unemployment rate in the eurozone as a whole is 11.8 percent - just a little bit shy of the all-time record of 12.0 percent.

#14 The European Central Bank is so desperate to get money moving through the system that it has actually introduced negative interest rates.

#15 The IMF is projecting that there is a 25 percent chance that the eurozone will slip into deflation by the end of next year.

#16 The World Bank is warning that "now is the time to prepare" for the next crisis.

#17 The economic conflict between the United States and Russia continues to deepen. This has caused Russia to make a series of moves away from the U.S. dollar and toward other major currencies. This will have serious ramifications for the global financial system as time rolls along.

#18 Of course the U.S. economy is struggling right now as well. It shrank at a 2.9 percent annual rate during the first quarter of 2014, which was much worse than anyone had anticipated.

But if U.S. economic numbers look a bit better for the second quarter, that doesn't mean that we are out of the woods.

As I have stressed so many times, the long-term trends and the long-term balance sheet numbers are far, far more important than the short-term economic numbers.

For example, if you went to the mall today and spent a thousand dollars on candy and video games, your short-term "economic activity" would spike dramatically. But your long-term financial health would take a significant turn for the worse.

Well, when we are talking about the health of the U.S. economy or the entire global financial system we need to keep the same kinds of considerations in mind.

As for the United States, whether the level of our debt-fueled short-term economic activity goes up a little bit or down a little bit is not what is truly important.

Rather, the fact that we are nearly 60 trillion dollars in debt as a society is what really matters.

The same thing applies for the globe as a whole. Right now, the citizens of the planet are more than 223 trillion dollars in debt, and "too big to fail" banks around the world have at least 700 trillion dollars of exposure to derivatives.

So it doesn't really matter too much whether the short-term economic numbers go up a little bit or down a little bit right now. The whole system is an inherently flawed Ponzi scheme that will inevitably collapse under its own weight.

Let us hope that this period of relative stability lasts for a while longer. It is a good thing to have time to prepare. But you would have to be absolutely insane to think that the biggest debt bubble in the history of the world is never going to burst.

My Comments:

It is important to note that no countries in the world will allow such a huge bubble to burst. So they will work in concert to try to correct this bubble. That being said, this bubble unfortunately is too big to release. Therefore, even a slight mis-management of this bubble will cause new whipsaws throughout the market.

A crash is absolutely impossible as everyone is talking about it. When every one is talking about it, it will never happen.

What will actually happen is that there would be a long long long long long long adjustment to market, i.e., the property prices will remain stagnant and slightly downward trending. This is a 16-year long depressive cycle.

Property owners will refuse to lower their prices but yet always take from the buyer's bids. This is commonly known as gap-down. Well, enjoy all your gap-downs. I am enjoying mine. I hope you do too. If you don't understand how to handle a gap-down, read it from the net.

Buy at least one property per year for the next 16 years. Enjoy the cycle as it would not repeat for another 60-80 years.

How to enjoy? Well ... after buying these properties rent them out as the rental yields are at least 15% and above. You will get your property freehold within 6-8 years. The excesses reinvest them into even more properties. This property cycle is once in a life-time for the current us.

If you must take profit, well, use the rental income to buy your next car or holidays. Never invest your blood monies in luxuries. You must get these luxuries from the rental yields. A bit more troublesome but important difference.

There are many assholes in town. Avoid them totally. Build your happiness in people you can trust. I have just avoided two big ones.

p.How to Keep the Head's Up ...

The last part is here:   Personal Depression

No one can escape depression. I am sucker for it.

So I have to find a new way to counter it. I have found it though. The idea is to have an ambition or a target. The target should not be big. It should be something very doable all the time. By focusing on it all the time, I realised that I have no time to weep or sulk. Isn't it nice?

My humble target is to buy an auctioned property every 3-6 months. Once the bidding starts, I do need to spend about 2 weeks to hurry-hurry. Hurry to collect past property price trends. Do comparison analysis. Hurry to find out from auctioneer whether the property is any good. Check valuation. Visit the property. Check if it is tenanted or owner-occupied. If owner-occupied, whether I need to release snakes and scorpions when I finally owned it to chase away the original owner. Are there any body died in the house? Hurry to check surrounding tenanted rent. Do caveat search on the said property to see if the fucker owed anything else. If the property is too expensive, see if the banks love me.

Go for the bid. Excite other bidders to overbid and screw themselves. The last one I attended over-bidded by 25%-30%. Fucking stupid. They are now at least 10 more years into the 40 years pay-back time. The last I heard from the vines is that the winner is from a group of investors who own a property company. They will then attempt to borrow the monies from the bank, failing which, they will forfeit their initial deposit and re-auction again in 3 months' time. Most of the time they will fail to impress the banks for a loan. The feedback was bad-bad-bad. So even if I don't win, I enjoy screwing others along the way by bidding. In order for them to win me, they have to over-bid me. What a lovely idea. I am in the auction because I am bored and feeling depressed. I just need them to entertain me and my depression. What a fun-fun-fun game!

After I have won the bid, I would pay up and then do the chasing away of tenants or owners. Another 3 months will pass with busy-busy-busy activities.

Minor or major renovation will begin in 3-4 months' time. Again another busy-busy-busy activity. After the renovation, either tenant it out or keep for own fun.

Some properties may not need so much attention to detail.

A good 3-6 months will rush by.

After that, I will lay sight on another auction again. By this, I truly hope to feel better and not so hollow inside of me. It is very painful that with so much success in me, I have no cheer leader beside me. Sigh ... Emptiness is now my form.

b.xox - Considering The Hotel

The last part is here:   xox - Considering Oil-Palm Farming

I have the good fortune of talking to a 8-hotel owner in white land. He has given me many hours of joy. I am indebted.

Owning a hotel is a sexy idea. So is owning a police station. I am actually tempted to buy a former police station just to show off. Well ... another cute story for another time.

Let's begin the analysis (I am against it, it is too high a capital as well it wouldn't last - Hilton was sold and many others):

• Large capital outlay - Comparing to other property types, each hotel room is expensive to build and own. I am actually sucker for land size. So, a hotel is densely geared, i.e., it has a dense plot ratio compared to other property type. I don't like this because it leaves no quarters to move, i.e., it has already reached its maximum plot ratio usage. The land use is maximum and further improvement is limited. There is no more leeway.
• High manpower needs - Over time, the staff needed to run the hotel is so expensive that a slight mistake would cost the hotel a fortune.
• High plot density - As discussed already with high capital cost. Never invest in maximum cost item. It would clearly return a negative when the economy dives.
• Ultra high land cost - If there is no traffic, no hotel would be built. If there is, then the land cost kills.
• Expensive complimentary services - Some complimentary services are needed to compete for guests. They involve good restaurants, shopping malls, banks and limousine service. In some part, gal services such as pubs and clubs are a must-have. 

In conclusion, of course you may conclude otherwise, it doesn't matter, I just wish you good luck, I am still a sucker for land as first priority, followed by low plot ratio property, followed by property with an attached business. It proved that I am weary of businesses that involved too many manpower needs. I don't trust human in general. They proved problematic when the business improves. They are okay if the business is bad but who likes the business to be continuously bad? Crazy.

p.A New Sunrise?

The last part is here:   Ubah Rally

Is it so hard to start over? Every chinaman wants to screw me. Every white wants to racist me. Even my own bloodied relations want to squeeze me.

I am tired and truly so very tired.

If I have to start over again, will I be free? Is this so hard to restart?

I just met a chinaman. She said during her early years, she cried every day to sleep. She did have a husband with her and kid and yet she couldn't take this immigration nonsense. She said she was very lost. Yes. I agreed with her. Her current chinaman employer truly screwed her to bits. This employer would give her minimum wage and then worked her to the ground. She has now worked herself into a mini key staff in the organisation and yet when I asked her about her wage rate. She snapped out. It is sad that things like this happen everyday. Chinaman screwing chinaman. This is so disgusting. If these chinamen are that good, then go and screw a white. Why is it that whenever they meet a white, they ended up sucking his cock. Hence, I don't wish to engage any chinaman. I much prefer racism with the whites. Because they normally couldn't get their own whites to do the job, they would end up giving it to the Asians. This is how we survive. Taking bread crumbs off the whites' table. This is far better than eating shit every day with the chinaman. Call me a yellow banana any day.

She has finally decided to leave her current employer. I wish her well.

None of the chinamen I met wanted to cooperate to fight. They just want to screw each other's ass.

My eyes teared non-stop today. I don't know why. Suddenly I felt all my effort was in vain. I have no more drive to fight.

I need to go to sleep now. Hopefully the new sunrise will smile at me.

Let me enjoy this song:   幾許風雨 (羅文)

幾許風雨 
作詞：小美 作曲：Choo Seho 編曲：杜自持
無言輕倚窗邊　凝望雨勢急也亂
似個瘋漢　滿肚鬱結　怒罵著厭倦 
徐徐呼出煙圈　回望以往的片段
幾許風雨　我也經過　屹立到目前 
一生之中誰沒痛苦　得失少不免 
看透世態每種風雨　披身打我面 
身處高峰　嘗盡雨絲　輕風的加冕
偶爾碰上了急風　步伐末凌亂
心底之中知分寸　得失差一線 
披荊斬棘的挑戰　光輝不眷戀 
悠然想起當天　無盡冷眼加嘴臉 
正似風雨　每每改變　現實盡體驗
無求一生光輝　唯望鬥志不會斷
見慣風雨　見慣改變　盡視作自然
悠然推窗觀天　雲漸散去星再現
雨線飄斷　似我的臉　熱淚聚滿面 
然而不死春天　全賴暖意不間斷
似你的臉　叫我溫暖　伴著我步前  

My dear, please don't cry. There would be a new sunrise soon. If people are not with you, do you therefore need to weep after them? If they are true, then there is no need to cry for they would always be there for you. Every dog has his day. It is a matter of when. Grit that fucking teeth of yours and learn to wake up to fight another day ... Get that fucking fat ass off the ground and learn to box ... Tomorrow must be a new dawn. Loneliness is given. Don't fight it. Embrace it.

b.Auction, Auction, Auction, Where Forth Art Thou?

The last part is here:   Bank Lelong (Auction)

Every problem sum has a solution. But, one has to work at it.

Fuck, the recent open-bid auction got 10-15 people bidding for the property of my choice. Fuck them. In the end, of course, I lost the bid. It was bidded at 25-30% higher than the reserved price.

@#$%^$^&%^&_(&) ...

Since I have been to enough open-bid auctions, I should be able to summarize my findings.

• 0-5 bidders:   10% above the reserved price.
• 5-10 bidders:   20% above the reserved price.
• 10-15 bidders:   30% above the reserved price.
• Above 15 bidders:   Please don't try, you would be fucked for life.

I love open-bid auctions. It implies the sellers are fucked and the reserved price is always a steal, i.e., at least 20% below the lowest price in the market place.

How about bidding more than the reserved price? This is for the stupids. Loads of people don't understand that increasing the bids is the most stupid thing to do.

Let me try to illustrate:

A typical property takes about 30 years to finish the instalments, let's call it 100% or simply 3.33% per year (simple approximated). If you pay 10% more, it implies your loan would need to increase by another 3 years to 33 years (10%/3.33%=3 years). If you pay 20% more, it implies your loan would need to increase by another 6 years to 36 years (20%/3.33%=6 years). If you pay 30% more, it implies your loan would need to increase by another 9 years to 39 years (30%/3.33%=9 years). This is obviously not for the faint hearted.

Why?

Well ... I would keep my money under my pillow and see within the next 9 years whether I can find another deal that matches your bid and during a deep deep recession. Surely I can. So what's the hurry? In the end, I still can get what I want and do what I like.

If you do take up a bank loan which I advised against and assuming you are also very credit-worthy, you are able to borrow at 90% loan and 10% cash. But, banks are clever bastards. They would only valued the property AT its reserved price. If you itchy backside, outbidded every body as in my most recent auction by paying 30% above, you will need to fork out a total of 40% (10%+30% over the valuation provided by the "conservative" bank). See how fucked, one can be? And you are given only 3 months to pay up. Otherwise, they are going to fire-sale again and you have to foot the difference and administrative and legal fees. An auction's reserved price is at this value is because people do get fucked bad.

Every property after spending time to evaluate, one would fall in love with it. It is very natural. But, do take heed and learn to walk away.

If you cannot buy at reserved price, just walk. There is another 16-years worth of depression to go.

Also, during this last auction, I overheard some bidders saying if he is successful he will open a car showroom and rent it out. He was dressed in shorts and fucking sandals. I don't look down on such dress code. I just find it amusing on how dreamy things can get. What make you think that you can confidently clear the government-of-the-day's control and change the land use in shorts and sandals? Depending on where is your property, in white land, it takes the better of 1 year to approve a restaurant. Bidders who dream big, die fastest. Just a case-in-time, I have just visited some of my lost auction bids. The properties were not even renovated nor improved. Where is therefore the money for such dream team for a car show room? Talk is cheap, renovation is pure cash. Some property owner can't even afford to paint their house regularly, let alone change of use. Fuckens are fuckens.

As at this writing, I just heard another neighbour has just died. Most probably if I am patient enough. I can grow my portfolio again. I just have to wait and smile at all my neighbours.  No harm getting into their good books. Hehehe ... Winter's coming. Action time.

b.Article - Billionaire Tells Americans to Prepare For 'Financial Ruin'

The last part is here:   Megatrend - 16 Year Depression

Billionaire Tells Americans to Prepare For 'Financial Ruin'
Friday, 04 Jul 2014 11:07 PM
By Newsmax Wires

The United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.

That’s according to Donald Trump, who painted a very ugly picture of where this country is headed. Trump made the comments during a recent appearance on Fox News’ “On the Record with Greta Van Susteren.”

According to Trump, the United States is no longer a rich country. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others. We’re up to $16 trillion in debt.”

He goes on to point out that the downgrade of U.S. debt is inevitable.

“We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished. When you have [debt] in the $21-$22 trillion, you are talking about a downgrade no matter how you cut it.”

Ballooning debt and a credit downgrade aren’t Trump’s only worries for this country. He says that the official unemployment rate of 8.2 percent “isn’t a real number” and that the real figure is closer to 15 percent to 16 percent. He even mentioned that some believe the unemployment rate to be as high as 21 percent.

“Right now, frankly, the country isn’t doing well,” Trump added, “Recession may be a nice word.”

While 15 percent to 16 percent unemployment, a looming credit downgrade, and ballooning debt are a bleak outlook for the United States, they are hardly as alarming as the scenario laid out by another economist.

Without earning celebrity status or having his own television show, Robert Wiedemer did something else that grabbed headlines across the country: He accurately predicted the economic collapse that almost sank the United States.

In 2006, Wiedemer and a team of economists foresaw the coming collapse of the U.S. housing market, equity markets, private debt, and consumer spending, and published their findings in the book America’s Bubble Economy.

Editor’s Note: See the controversial video where Wiedemer makes his claims.

But Wiedemer’s outlook for the U.S. economy today makes Trump’s observations seem almost optimistic.

Where Trump sees ballooning debt and a credit downgrade, Wiedemer sees much more widespread economic destruction.

In a recent interview for his newest book Aftershock, Wiedemer says, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.” 

When the host questioned such wild claims, Wiedemer unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, “You see, the medicine will become the poison.” 

The interview has become a wake-up call for those unprepared (or unwilling) to acknowledge an ugly truth: The country’s financial “rescue” devised in Washington has failed miserably.

Editor’s Note: See the 5 signs the stock market will collapse in 2014.

The blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including current Federal Reserve Chairman Ben Bernanke and former Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation’s economy strong through monetary and credit policies.

At one point, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.” 

But it’s not just the grim predictions that are causing the sensation; rather, it’s the comprehensive blueprint for economic survival that’s really commanding global attention.

The interview offers realistic, step-by-step solutions that the average hard-working American can easily follow.

The overwhelming amount of feedback to publicize the interview, initially screened for a private audience, came with consequences as various online networks repeatedly shut it down and affiliates refused to house the content.

Bernanke and Greenspan were not about to support Wiedemer publicly, nor were the mainstream media.

“People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it,” said Newsmax Financial Publisher Aaron DeHoog, “but unfortunately, it kept getting pulled.”

“Our real concern,” DeHoog added, “is what if only half of Wiedemer’s predictions come true?

“That’s a scary thought for sure. But we want the average American to be prepared, and that is why we will continue to push this video to as many outlets as we can. We want the word to spread.”

My Comments:

Based on my last depression article, I have predicted a 16-year depression commencing Mar 2009, ending 2025. That's based on the 1930's great depression ending in a world war II in 1945, a total of 15 years. I was marginally wrong. As the world wars killed loads of people. The economy grew because there were not enough people manning the post-war posts. This time we don't have such luxury. The people are still around and still as plenty fighting for the same small food pie. This depression is going to last much much longer.

Let's restart the argument:

Baby-boomers started their life in 1946 and their major birth-rate did not stopped till 1964, a total of 18 years. By 2011, the first baby-boomers would have reached retirement age of 65 years old. So for the next 18 years, i.e., 2029, the last of the baby boomers would have reached retirement age too. During this major period, most of these baby boomers would need to liquidate their properties to pay taxes and continued lifestyle.

The USA has no choice but to import more immigrants and print more money to pay for the health care of these aged retirees. This is a major headache for the government. This group of retirees simply get paid pension, eat, sleep and shit and no taxes, but they still get free health care.

So from 2014 to 2029, we still have another total of 15 years of depression to go.

Trump and gang are doomsayers. What they said is true but they are too famous and when they comment, people listen and thus, people start to adjust and hence, no true depression will come.

When this happens, the economy is going to get great inflation and low property price, people will tighten and not spend, i.e., becoming a fucken.

That's when we must collect properties.

Yeah ... I got news that I can get a semi-detached house or detached house for a song. I am so happy. Hopefully can transact. At the same time, another gal just bought a detached house for me at 30k and give it to me as her dowry. I am not a cheapo you know. She's so presumptuous.

Another type of property one should collect is death property. Most children are already working hard in cities. So when their parents died, they sell their ancestry homes and lands away. I have collected a few of these already. Very good prices. Remember always, NO LOANS, PLEASE.

Inflationary pressure will keep the property prices from diving. In fact, it may not even change. But, the cash will get worthless. So by buying it at current prices, the deal is still perfect. Do aim for fire sale though. So far, my deals have been the best fire and death sales. If I can do it, so can any one. It is a matter of getting it right. There is no need to time the purchase. Just go and buy them. If the owner is asshole, just walk away. I cut deals at 40-80% off the list price. I don't care. If they think, they can win and still can get the deal at their hope-against-hope price. Well, good luck!

Since at the same time, the banks are cautious. There would be little or no bank loans involved. With that, the existing owners would be lovely. I just enjoy the look in their eyes. Vacant. Yeah! That's victory to me as I never ever able to get them to suck my cock and work for me regardless how good I pay them. LOL. Well, whites are assholes, but so will be the yellowskins. They are more asshole than the worst whiteskins.

Today too. A brownskin cried twice in front of me. She asked me to love her deep deep. But, she has no money. She offered to suck my cock. Why would I want to fuck an air-head. She must be delusionally. A fuck is only worth 100bucks per pop, nothing more. Just can't believe that, she wants her pussy gold-plated.

p.I Buy a Super Market?

The last part is here:   Greyhawk is Here

Greyhawk ceased my throat and shouted into my ears, "You have been fornicating with my daughter for eons now. What are you going to do about it?"

It is true that I have been fornicating with his daughter, white crane, for the longest of time without me saying anything substantial to forward that relation. White crane also knew that I have constant companions, lotus and chrysanthemum. I can't just abandon them and go for her.

I gave a wry smile in place.

White crane must have been pressurising her father to help her to do me in.

"To cut the long story short! I will sell you a supermarket cheap, without any down payment, if you agree to marry her within a year of owning the supermart." Greyhawk again shouted into my ears. It is truly funny that a man of his stature could stoop so low to find favour for his daugther.

Greyhawk's supermarket is not a big one, but one that took the better of his 35 years in white land to build. He just wanted to seek happiness for his daughter. With that, he suggested giving his prized asset to me.

Suddenly what I saw in Greyhawk is not just a loving father, but a greying old guy. Did he regret all these years he has spent in white land? Or is he reminiscing the possible good old familiar playground he used to play during childhood in India?

I couldn't tell. He has moisture in his eyes. The cool summer wind is taking its time to warm the white land.

I breathed a heavy sigh and replied in the negative. I am a poor bastard and my means are humble, but I don't need another guy to give me a lift to reach where I want to go.

I told him that I would be fair to white crane when the time comes.

I left the old man to ponder about his unoriginal outburst.

Just today too, funny that another gal`s father is also offering me to buy us a big house cash as our wedding gift if it even takes place.

Wow ... all my gals are so bloody rich. Why do I still need to worry ...

p.Article - Retiring in Penang - Batu Ferringhi

The last part is here:   Article - Unwilling to Burden Family

I read somewhere recently that:

Met couple of ex-fuckens who migrated to the US long time ago and considering retiring in Penang. Apparently some have made the move under Malaysia's silver haired program. Here are some of the reasons that they gave and they are interesting 
- Penang reminds them of old fuckens in so many ways. Food, buildings people etc. They actually said they cannot associate with modern fucken. 
- psychology need to return to their roots. Penang meets their needs but not fucken, mentioned in the first point 
- one guy said that he felt shiok just going to Penang kopitiam and chatting with people. It like his kampung days in fucken. 
- Food a major draw 
- cost of living very low - US 500 a month good enough. 
- Condos facing Batu Ferringhi are affordable and good view with nice winds. 

They also told me that many Caucasians are doing just that in Penang.  Malaysia has got some very good spots. 

Malacca, Penang, Fosters Smokehouse, Genting , Kuantan Melin, Tioman, sun, seas and clear water and silky smooth sand. Malacca is the only place where an entire shop all the showcases and shelfs stocked only with chinchalok and belachan. Nothing else. 

Used to love fishing off Tioman, bring the catch back and ask Mahchee is do what she does best. Seafood galore, samba, fried, sautéed etc. Wonderful times. 

There are options and there are options. The question is always how? It is so usual that people just don't think hard enough.

p.A Twisted Road Ahead

The last part is here:   Personal Depression

Life is absolutely interesting.

A blooded relation once told me that I am totally interesting. Every time, he talked to me, he claimed that I will have a new twist in the tale.

"That, my dear, is painful. The reason why I have so much tale is because my path was not wise. I took the longest road to succeed." Do remember always a rolling stone gathers no moss.

Many have taken the straight road to success. But, recently that was also in doubt during the recent events. On the other hand, I have chosen the longest road to success. That too, my dear, I am afraid is also not the shortest path to success. What then is the correct road to succeed?

There is no straight answer. Some times people like to involve the word luck. I opined differently. Luck only seeks the hard workers. But, hard-working is considered given in the competitive market. If every one is hard-working, then how Tengri is going to seek out the lucky ones. Puzzling indeed.

Recently, one of my major projects was staled. Tengri has instead opened a new tiny window for me. Not just one but two. I now have a headache as to which path to take. A truly twisted path instead.

Recently too, I have refocused my path. I have chosen a truly difficult and twisted path to travel. I have lost interest in walking straight paths. My daily companion is my tears. I hope one day Tengri is kind enough to let me through.

Twisted road, twisted tale, twisted man, twisted pride.

I thought my eyes can no longer weep. But, when I do meet difficult decisions and humble people, I will weep with no restraint.

One day, I hope to declare to myself that I had never lived my life in vain.