Jutawan Pada Nilai Bersih Harta bukan Jumlah Wang Tunai

Jutawan Pada Nilai Bersih Harta bukan Jumlah Wang Tunai

Dah lama tak bersurah pasal bab jutawan (perkataan jutawan memang catchy bukan?), well here goes another millionaire entry. Sebenarnya nilai Sejuta adalah dikira dari nilai bersih harta, bukannya jumlah wang tunai. Tak ramai org simpan jumlah wang tunai rm1 juta, tapi bila diambil kira nilai bersih harta, maka seseorang tu dah bergelar jutawan.

Nilai aset bersih ataupun  Net Worth tu apa matjoe?
Semudah ASET semasa - (tolak) LIABILITY ataupun hutang 

Ni aku sertakan contoh Aset bersih  harta seseorang itu.
Senaraikan nilai ASET
asb = 200k
rumah a = 100k
rumah b = 125k
rumah c = 250k
rumah d = 100k
unit trust = 25k
kereta = 30k
EPF = 60k
Jumlah aset = 890k
Senaraikan Liability ataupun hutang
Overdraft ASB = rm125k
baki hutang rumah a = 70k
baki hutang rumah b = 90k
baki hutang rumah c = 160k
baki hutang rumah d = 70k
baki hutang kereta = 20k
Jumlah Liability = 535k

So networth = 890k - 535k = 355k

So sekarang ni, dalam contoh ni, masih 1/3 jutawan lah, kene gather lagi 2/3 utk jadi jutawan. So pengajaran kt sini, jutawan adalah dinilai padanilai bersih harta

http://www.matjoe.com/2010/11/jutawan-pada-nilai-bersih-harta-bukan.html

Aku Seadanya: Menjadi Jutawan Yang Hidup Sederhana

Aku Seadanya: Menjadi Jutawan Yang Hidup Sederhana: Baru sebentar tadi baru balik dari berjumpa KawanKu dan CikBi, tapi aku yang terpaksa membelanjai dia. Yuran semester baru untuk dua orang d...

Prudence and wisdom

http://hsudarren.wordpress.com/2011/11/03/prudence-and-wisdom/

Imagine 2 persons  who are middle income earners. Let us assume that both earn about the same pay. Both are staying in their own houses passed down from their parents.

One of them, let me called him A,  is prudent. He maintains a simple lifestyle, employs only a maid, does not spend on luxurious goods, and saves up most of his income. With his savings, he bought another house with a bank loan, and rents out that house, using the rent to pay the instalments for the bank loan. Whatever he saves goes to help paying the mortgage too.  In a few years time, he sold the property and use the proceeds earned to buy 2 separate properties, again with bank loans, again renting them out, again using the rentals to pay for the instalments.

In time, he will be a proud  owner of many properties, and with most properties paid off, he is now considered a very rich man.

The other person, let’s call him B,  started off with the same income. He is even more  fortunate, for one day, when he as digging in the garden of his ancestral home, he found a big box of gold bunions.

Instead of using his fortune to invest like A above, he employs a driver, 3 maids, 3 gardeners, a cook, 2 cleaners, a nanny, 2 guards. Most of these staff are redunctant, and most spend the days chatting instead of doing work.

Using his bunions as collateral, he borrows from various banks and has many credit cards. Because his lifestyle is so luxurious, his income cannot sustain him, and what sustains his lifestyle is the borrowings. One day, when he finds his income unable to pay the interest of the loans, he has no choice but to  mortgage his own house for more funds just to service the previous loans. That is actually the point of no return. Once his income cannot service his loan, and he has to use fresh loan to cover the interest of his existing loans, he has already cross the line to bankruptcy.

The above is actually happening everyday. Even among the younger generations, many have become bankrupt because of borrowings that they are unable to service.

Borrowings can be good if it helps to increase income. Borrowings are bad if it is merely use for operational costs, like keeping a huge staff that is many times above what is needed for the same productivity. The examples of A and B are clear illustrations.

Extrapolate the above to nations, and we will understand why some nations which have big borrowings but still manage to get richer and richer, and others which are collapsing under the huge borrowings that they have accumulated over the years.

Our country too has debts which is now about 53% of our GDP. If these debts are used to generate income that can be more than the   interest, then we should be able to reduce the borrowings in future, and at the same time, progress  faster than if we just use our own funds..

However, if the borrowings are used to service operational costs, a big part of which goes to pay  remuneration of our civil service and servicing interest payments, then we must start thinking of more prudent ways of managing our spending.

We have not reached the point of no return yet. But at 53% of our GDP and with sluggish economy growth of around 3-4% next year (this is my estimate, but it can go lower in view of the uncertainty in the West), we must start planning to reduce our debts. We can easily start  that by reining in our wastage and leakage; we can actually see how our funds are wasted looking at Auditor General’s report. A few years ago, an international renown financial house estimated our leakage and wastage to be around 100 billions. It must be more now.

It is like a patient who is having a bacterial infection of his toes. Bacterial infection of such kind can be cured easily if treatment is given early. Once the infection goes up from the toe and involves the whole foot, it can still be managed but it will take a longer time to recover. But if the infection is left alone at the stage of foot involvement, it can easily infect the blood stream and septicemia may set in. If there is septicemia, and if the bacteria is of a virulent type, then I can only pray for the patient , for at that stage, a point of no return may have been reached, and treatment may not be effective.

The Chinese has a proverb advising that “we must be prepared for the rainy days”. I think that is the wisdom which will do any nation good.

What would you do if you have a million bucks?

What would you do if you have a million bucks?

Monday Starters - By Soo Ewe Jin

WHAT would you do if you have a million bucks? A poor government clerk from Bihar, a remote and poverty-stricken region of northern India, has become the first person to win 50 million rupees (RM3mil) on the popular Indian version of the gameshow Who Wants to be a Millionaire?

Sushil Kumar’s win is a classic case of life imitating art as the script is similar to that of the 2008 Oscar-winning film Slumdog Millionaire.

According to the Associated Press, Sushil said he would spend some of his prize money to prepare for India’s tough civil service examination, which could lead to a secure and prestigious lifetime job.

He would also buy a new home for his wife, pay off his parents’ debts, give his brothers cash to set up small businesses and build a library in Motihari so the children of his village would have access to books and knowledge.

Real life slumdog millionaire: Sushil (left) says thank you with clasped hands as he receives his US$1mil prize from Bollywood actor Amitabh Bachchan during the fifth season of the Indian version of the Who Wants to be a Millionaire? television quiz in Mumbai on Oct 25. Kumar, a computer operator who earns just US$130 a month, has become the first person to win the top prize. — AFP

Everyone loves a story like this. Although people can become instant millionaires by striking the lottery or pulling the lever on a one-armed bandit at a casino, using one’s talent at a tension-filled gameshow is more admirable.

And I applaud Sushil for his noble attitude in thinking of others to share in his newfound fortune. Bihar is one of the poorest states of India and its remoter areas, such as Motihari, have been largely untouched by India’s phenomenal recent economic growth.

Do you know that there are now at least 39,000 millionaires in Malaysia? According to a recent report by the Credit Suisse Group, 19,000 new millionaires were created over the past 18 months alone.

Meanwhile, the Asia-Pacific Wealth Report 2011 by Merrill Lynch Global Wealth Management and Capgemini, also released recently, revealed that Malaysia’s rich prefer splurging on a fancy new set of wheels, luxurious yachts or private jets.

Up to 46% invested their ringgit in luxury collectibles like cars, boats and jets, the highest percentage of any country within the Asia-Pacific region.

Their counterparts down south seem less interesting and still prefer jewellery and luxury watches.

I know that the CEOs who read the business section of this newspaper may consider a million ringgit small change but to most of us, it is a very faraway goal, not something one can possibly achieve as a regular salaried worker.

But we can all dream and I was wondering to myself, what would I do if I suddenly had a million ringgit in hand? I suppose our wishes would coincide very much with our age, status, and ultimately our character.

To those who believe material pursuits equate to real happiness, a shopping spree would be fantastic.

Those who do not focus too much on material things may want to travel around the world and complete their Bucket List, which may also include going on a religious pilgrimage.

I believe that God never gives us more than we can handle, just as He never lets us go through trials and tribulations beyond our capacity to endure.

And that was when I stopped dreaming. Because I know, seriously, I will never be able to handle so much money at any one time. So I shall be content and count my blessings. I hope you will too.

Deputy executive editor Soo Ewe Jin notes that the world’s population officially hits seven billion today. No one really knows who is Citizen Seven Billion, of course, but by the time he grows up, millionaires and billionaires will probably be a dime a 

408,000 millionaires in S'pore by 2016

408,000 millionaires in S'pore by 2016

Can we really think out of the box?

Can we really think out of the box? Most times we can't.  Those who are really successful in business life, are those who can think out of the box.  Below is an interesting story which I received from my email.  Very interesting indeed!

 

 

An old Italian gentleman lived alone in New Jersey . He wanted to plant
his annual tomato garden, but it was very difficult work, as the ground was hard.
His only son, Vincent, who used to help him, was in prison. The old man
wrote a letter to his son and described his predicament: Dear Vincent,
I am feeling pretty sad because it looks like I won't be able to plant my
tomato garden this year. I'm just getting too old to be digging up a garden plot. 
I know if you were here my troubles would be over. I know you would be happy to dig the plot for me, like in the old days.
Love,
Papa 
A few days later he received a letter from his son. 
Dear Papa,
Don't dig up that garden. That's where the bodies are buried.
Love,
Vinnie


At 4 a.m. the next morning, FBI agents and local police arrived and dug up
the entire area without finding any bodies. They apologized to the old man
and left.
That same day the old man received another letter from his son. 
Dear Papa,
Go ahead and plant the tomatoes now. 
That's the best I could do under the circumstances.
Love you,
Vinnie

 

IHSAN:

http://blackandwhite999.blogspot.com/2011/09/can-you-think-out-of-box.html

Adakah sama menyimpan emas dengan melabur emas?

Dziauddin 

Ada yang bertanya saya tentang pelaburan emas. Seorang pensyarah UiTM Johor bertanyakan tentang pelaburan dinar Iraq. Dia menyatakan ada seseorang ‘approach’nya lalu mendakwa kononnya dinar Iraq sekarang ‘undervalue’ sebab berlaku peperangan. Apabila keadaan kembali reda dan tenang di Iraq, ‘value’nya nanti akan naik mendadak dan tatkala itu pembeli (pelabur) dinar Iraq akan bersorak kegirangan menuai hasil lumayan dengan untung berlipat kali ganda. Begitulah hujah lazim yang seringkali merobek kebanyakan hati-hati kita yang sering mendambakan keuntungan atas angin. Namun, hakikatnya itu semua tidak akan berlaku. Untuk melayani karenah skim pelaburan sebegini, seseorang perlulah kembali kepada fundamental ilmu dengan kembali membuat rujukan tentang ilmu pelaburan terutamanya yang berkaitan dengan hukum agama. Saya tidaklah berniat untuk mengulas panjang tentang isu dinar Iraq ini kerana jelas dinar Iraq adalah bukan komoditi atau barangan yang boleh dijualbeli tetapi hanyalah wang kertas semata-mata. Justeru, pelaburan dinar Iraq telah tidak “shariah compliance” atau tidak patuh shariah pada peringkat pertama lagi. Jadi tak usahlah kita nak bersusah-susah untuk mem’predict’ dari sudut ekonomi pula. Apa yang pasti, Iraq masih lagi tidak reda walaupun kerajaan baru bersilih ganti.

Apa yang saya nak kongsikan di sini adalah proses memuhasabah semula segala tindakan kita yang mungkin tidak selari dengan hukum-hukum shariah yang berkaitan dengan pelaburan emas. Saya nak kemukakan persoalan ini untuk sama-sama kita renungi:
Adakah kita menyimpan emas atau melabur emas?

Ini adalah persoalan yang penting kerana kebanyakkan kita membeli emas dengan tujuan yang berbeza. Persoalannya ialah mana satukah yang betul? Simpan emas atau labur emas? Menyimpan emas tiada masalah, yang menjadi masalah apabila tak bayar zakat sedangkan cukup nisabnya. Sedangkan melabur emas harus mempunyai pendetilannya seperti untuk apa melabur emas? Adakah untuk mendapatkan keuntungan dalam bentuk duit semula hasil dari kenaikan harga emas?

Apabila ditanya kenapa beli jongkong emas? Mereka kata ‘value’ emas stabil dan semakin naik harganya. Ini memang jawapan lazim. Terus terang saya katakan bahawa saya bukanlah anti terhadap aktiviti pembelian emas dan tidak salah membeli jongkong emas atau dinar emas malah saya menggalakkan mereka untuk menyimpan emas, tetapi apabila membeli dengan tujuan untuk menjual semula (justeru dapat keuntungan dalam bentuk duit), maka di situ ada terdapat elemen ‘ihtikar’ atau sorok kerana si pembeli jongkong bukan tujuan menyimpan untuk kegunaan sendiri atau kecemasan di masa mendatang (dan memang pun jongkong/coin bukan tujuan penggunaan, melainkan ianya diubah bentuk kepada barang kemas), tetapi lebih kepada menyimpan jongkong dengan tujuan menjualnya semula pada harga yang tinggi. Ini tidak ubah seperti membeli beras dengan banyak lalu menyimpannya dengan bertujuan untuk menjualnya semula pada harga yang tinggi. Mereka bukan membeli beras dengan tujuan untuk penggunaan tetapi untuk menjual semual beras tersebut pada harga yang tinggi lalu mendapat keuntungan daripadanya. Fenomena seperti ini adakah layak dipanggil aktiviti pelaburan? Sudah tentu janggal rasanya apabila dipanggil pelaburan beras tetapi yang layak adalah aktiviti MENYOROK BERAS!. Namun itulah yang sering berlaku di dalam , masyarakat kita berkaitan transaksi emas yang mereka panggil sebagai pelaburan emas.

Semestinya terdapat ‘arguement’ terhadap pandangan saya ini kerana mereka merasakan jika tidak buat sebegitu sampai bila orang Melayu tidak boleh berniaga emas yang sekarang dimonopoli oleh kaum cina dan sampai bila-bila juga orang Melayu tidak termotivasi untuk memiliki emas. Justeru apa jalan penyelesaiannya?

Mari kita lihat daripada perspektif Islam. Dalam Islam, pelaburan adalah berdasarkan prinsip mudharabah dan musyarakah. Ini kerana, Islam menekankan konsep kerjasama dan sama-sama menanggung risiko dan sama-sama berjaya bila perniagaan mendapat keuntungan. Pelaburan pula bukanlah satu aktiviti mendapatan keuntungan atas angin sebagaimana yang berleluasa sekarang, tetapi ialah adalah satu bentuk aktiviti kerjasama antara pemodal, pemilik modal, rakan kongsi, usahawan dan lain-lai yang terlibat di dalam menggemblengkan asset-aset modal. Aset-aset modal inilah yang perlu dipikul bersama oleh pihak-pihak yang terlibat di dalam kontrak mudharabah mahupun musyarakah itu tadi supaya beroleh keuntungan. Ia bukannya semudah A, B, C atau semudah atas angin. Memang benar Islam membenarkan komisyen di atas setiap transaksi tetapi Islam tidak membenarkan ihtikar iaitu menyimpan sesuatu untuk menjualnya semula pada harga yang mahal.

Kenapa tidak boleh? Jawapannya mudah kerana ia akan menyebabkan sesuatu perniagaan itu akan runtuh kerana harga tidak selamanya akan terus naik apatah lagi kenaikan itu berlaku dalam masa yang singkat. Apabila kenaikan harga ini berterusan, dalam masa yang sama nilai wang pula akan jatuh mendadak dan ini mendekatkan ekonomi kepada fasa keruntuhan atau dalam istilah ekonomi dipanggil ‘boom period’. Sewajibnya harga terus stabil untuk melayakkan system ekonomi itu kekal mapan.

Jadi untuk melayakkan pelaburan emas itu menjadi “syariah compliance” terlebih dahulu emas itu ditukar menjadi barangan kemas kerana hanya dengan barangan kemas, barulah pembeli akan membeli dengan tujuan penggunaan bukan untuk jual balik. Tetapi memang ada orang yang beli barang kemas dengan niat untuk jual balik namun harus diingat mereka menjual apabila keadaan mendesak sahaja seperti tidak cukup wang untuk membeli makanan dan pakaian sebagai contoh. Maka dari situ barulah timbul konsep ar-Rahn seperti mana Rasulullah menggadaikan baju besi kepada orang yahudi ketika itu untuk membeli makanan.

Bolehkah dinar dijualbeli?

Jawapannya sudah tentu tidak. Walaupun ianya emas 999 atau emas 916 ianya masih tidak boleh kerana dinar adalah matawang. Matawang tidak boleh dijualbeli. Ia hanya bertindak sebagai ‘medium of exchange’. Namun, ada yang berhujah, dinar sekarang bukannya matawang justeru ia kekal sebagai komoditi. Memang betul, tapi jika seseorang datang kepada saya hendak membeli kambing dengan dinar yang dia ada, adakah saya akan menolak? Sudah tentu tidak dan tanpa ragu saya akan terima dinar tersebut kerana saya tahu dinar lebih bernilai daripada ringgit. Nah, adakah ianya bukan matawang laggi dalamkeadaan itu? Ianya memang boleh dijadikan matawang dan seharusnya yag lain menyokong penggunaan dinar atau setidak-tidaknya meminimakan penggunaan wang kertas yang semakin hilang fungsi wangnya itu. Malah jika kita lihat di jakarta, ramai peniaga di sana misalnya telah bertransaksi dengan dirham dan dinar malah di sana terdapat pasar dan kedai yang boleh menerima dinar dan dirham.

So, adakah wujud pelaburan emas?

Tidak salah membuat pelaburan dalam emas. Caranya ialah kita mesti perlu memahami konsep pelaburan itu sendiri iaitu menjana modal terhadap kos-kos modal dengan tujuan untuk memperolehi keuntungan. Sebagai contoh, menjual barangan kemas kepada pengguna atau membuka kedai emas sendiri atau membantu rakan-rakan membuka perniagaan barangan-barangan emas. Sukar? Sudah tentu tetapi itulah yang telah dibuat oleh peniaga-peniaga emas sekarang. Tiada jalan singkat untuk berjaya.



Orang bermatian untuk mendapatkan emas namun manpulasi emas bakal memusnahkan industri ini.

http://dziauddin.blogspot.com/2011/09/samakah-antara-menyimpan-emas-dan.html

Ihsan :