Rich or Poor?

I have promised to define my view of rich and poor previously. Actually I discuss this issue before. It begins with one of my friend always say other people is rich and he is poor. In fact, what I see is he is rich too. I asked him, “Why are you so humble? No body asks you to on host here!” He says it is because he doesn’t have enough money to buy the things he wants! I am wondering if he want the whole world, that means he will be forever poor?

I started to think how to define rich and poor. There are lot of different scales and guidelines from each person. Anyway this complicated measurement is mostly measure by the money under of wealth topic.

For me, rich or poor, let’s find a rough border between them. I imagine have an income. After deduct the minimum spending for food and beverages, house, bills, cloths, fuel or transportation, insurance, and all the needs, I still have about 20% - 30% for the saving. I consider this is the critical turning point. It is because once there is saving, there is seed capital. Either this seed can grow become grass or tree, it depend on the person himself or herself.

For those stay at the border, they have to choose their way either want to step forward or not. They are like rowing boat in the counter flow water, if they stop rowing, they drift backward. Why not spend some time and energy find the way to step on to the shore?

Remisier

Yesterday I post my first blog. Some of my friend suggest better further explain what does it means because last time they don't understand what is that when I told them I become a Remisier. They are totally no idea what does it mean.

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Remisier, formally known as Dealer's Representative in Malaysia. In USA, they call it broker. Since nowadays Remisier mostly deal with the trading of stock and share, they are stock broker.

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There is a history of the word "Remisier" come from. This word origin from French which means an intermediary. It was first appeared region during the colonial period in Malaya, where they dealt primarily in rubber and tin-related company that were listed on the London Stock Exchange.

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Now Remisier is a license intermediary person who help clients to buy or sell their stock and share which trade in the stock market. Besides help the clients to buy ans sell, their additional value is to monitor the counter, economy trend, news from the market, and help client to look for the information. Not every client is free to full time monitor their own stock everyday and have nothing else to do. They have their own job, the investment counter let the Remisier to monitor for them. If client have to monitor their own counter themselves, their working performance may affected.

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Another explanation for the Remisier according to my senior colleague is this term also come from those people simply buy, simple sell the share. For those understand cantonese, "乱买 Share". This is how Remisier come from. ☺

Special Day!

Today is a special day! Why say so? Today is 29th day in February. It takes four years to have this day. Since it is special, I have to make the day nice. Then it will become a special nice day. Don’t let it become a “special bad” day, right?

I remember last time I make a lousy poem, but it is use to warm myself during college time.

Before 21, studying life, I have energy; I have time; but don’t have money.

21 to 55, working life, I have energy; I earn money, but don’t have time.

After 55, retiring life, I have time, I may have money, but don’t have energy.

What ever I want to do, do it as soon as possible; what ever place I want to go, go there at once.

No money? Work harder. No time? Arrange the time. No energy? Maintain the health since young.

Life takes time, consume energy, and spend money!
Life pursuits happiness, need health, and spend money!

Wish you have a special nice day!

Who Am I?

First, let me give a introduction to myself. I am a Remisier, formally known as Dealer's Representative for the Malaysia stock market.

I am graduated Bachelor's from Chemistry and Biology Degree. After few years of working experience, I realise my increment speed cannot beat the inflation rate. When my salary increase, it doesn't mean I will have more money to save because either fuel or food price also increase.

I chat with my friends, senior in same field, and colleague. I found out most of them also face the same problem. I try to project all the saving and the Employees Provident Fund (EPF) until the time I retire, the value is actually decrease and actually not enough to support the life after retire. I know I have to look for other way to overcome this problem. Everyday spend out equal or near to the income means it is a hidden problem in the future.

After that start to read finance and marketing books. I want to look for a solution to be rich. How to define rich and poor? I will share my opinion in the coming articles. I see lot of people suffering from sickness and homeless. They have to work hard even they are at very old age. If they stop working, their will lost ability to survive. Everything has to prepare from the time you still have abilities to do it. Prepare for the time when you have to face it. For example, health must maintain from time to time, when health drops till serious problem, it is too late to do anythings.

I learn and discover some solutions and share it to my friends. When I tell the same story to every friend I meet, I know I have to start write down the story and share it here. It is because we have to fully utilise the technology and save the time and energy to repeat the same thing.

What ever I share, is my personal opinion. I welcoming all the feedback and discussion to improve the knowledge and idea. Why am I here?

Welcome my friends. Cheers for the success life!