Ferrari Me (Ferrarilim)

To participate in the Malaysia My Second Home (MM2H) program, there are certain financial requirements that applicants must meet.  As of my knowledge cutoff in September 2021, here are the general financial criteria for the MM2H program: 1. Financial Proof: Applicants need to show proof of financial capability to support their stay in Malaysia.  They are required to have a liquid asset of at least MYR 500,000 (Malaysian Ringgit), which can be in the form of cash in a bank account, stocks, bonds, or other assets that can be easily converted into cash. 2. Offshore Income: Applicants must also provide proof of offshore income of at least MYR 10,000 per month. This can be from pensions, rental income, dividends, or any other legitimate source. 3. Fixed Deposit: Upon approval, successful applicants aged below 50 years old are required to place a fixed deposit of MYR 300,000 in a Malaysian bank, whereas those aged 50 years and above need to place MYR 150,000. This fixed deposit is to be main

 It's important to note that not all Korean women have a desire for nose enhancement, and preferences can vary among individuals.  However, there are a few factors that can help explain the popularity of nose enhancement procedures in South Korea: 1. Cultural Beauty Standards : South Korea has a strong emphasis on beauty, and certain facial features are often considered desirable.  A well-defined, small, and straight nose is commonly regarded as a symbol of beauty in Korean society.  Many people believe that an enhanced nose can improve their overall appearance and make their face more balanced. 2. Influence of Media and K-pop : The influence of media, including K-pop music and Korean dramas, has played a significant role in shaping beauty standards in South Korea. Many idols and celebrities are known for their attractive facial features, including their noses.  As a result, some individuals may aspire to achieve similar looks and turn to cosmetic procedures, including nose enhance

  CPF (Central Provident Fund) and EPF (Employees Provident Fund) are social security savings schemes implemented in Singapore and Malaysia, respectively. While both CPF and EPF serve the purpose of providing retirement savings and social security benefits, there are some differences between the two schemes. Here's a comparison of CPF and EPF: 1. Coverage and Eligibility:    - CPF : All Singaporean and Permanent Resident employees are required to contribute to the CPF. Self-employed individuals can also contribute voluntarily.    - EPF : All Malaysian employees earning below a certain income threshold (currently RM 5,000 per month) are required to contribute to the EPF. 2. Contribution Rates:    - CPF : The contribution rates for CPF vary depending on the employee's age and wage level. For example, as of 2021, the employer contributes 17% of the employee's monthly salary to the CPF, while the employee contributes 20% of their monthly salary.    - EPF : The contribution r

 I asked ChatGPT if xirr is a useful way to calculate an investment yield. It replies: Yes, XIRR (Extended Internal Rate of Return) is a useful way to calculate investment returns, particularly in cases where the cash flows associated with the investment are irregular or intermittent.  XIRR is a financial metric that takes into account the timing and amounts of cash flows, providing a more accurate measure of the investment's performance. XIRR is commonly used to calculate the annualized rate of return for investments such as mutual funds, stocks, bonds, or other financial instruments where cash flows occur at different points in time.  It considers both the size and timing of these cash flows, allowing investors to evaluate the profitability of their investments more precisely. By using XIRR, investors can assess the actual return they have earned on their investments, even when the cash flows are not evenly distributed over time.  This makes it a valuable tool for comparing inves

Life has so much worry at every stage, except for the innocent childhood days. 1. Money; have & have not. 2. Physical Health 3. Mental Health 4. Ailment 5. Body degeneration 6. Sandwiched Generation worry 7. Spiritual Health One Wiseman says: "No worries lah! Just need to handle and manage one at a time CALMLY🙏🙏" Another asks: "Isn't 'Happiness being Worries', or 'Worries = Real Living'.? " Yet another shares: "Worry = Absence of God or Happiness = Presence of God? 🙏🙏 " The wisest of all said: "Matt 10:39, Whoever finds their life will lose it, and whoever loses their life for my sake will find it."

I have heard of a case of SG homemaker, recently widowed, having difficulty repaying her S$1200 monthly HDB loan & have to work to repay it, beside covering her monthly expenses.  She decided to stay in MY with her sibling, rent out her whole HDB home for $1,800 monthly.    This S$1,800 helps repay her HDB housing loan, and with surplus, it funds her retirement in MY. So, her HDB home is an asset to her. A mindset shift that set her free. Now with the cash suplus converted to Ringgit of RM1000+, free stay with her sibling & keeping her sibling company, both have each other company, and are able to make local tours together at affordable cost.

Paradox of Long Life 1. I want to live till age 100 and still not a burden to my children who will be in their late 60s. 2. My money still keeps growing.  I still hold on to them; so that for money sake, my children will still visit me. 3. Even my old friends will be long gone, I will still be loved, wanted and have good company. 4. I still have money for my expenses, not worried about inflation, high cost & medical care & bills; Certainly no need to burden my children. 5. I stay healthy. I do my regular and mental exercises and watch my diet; sickness will depart from me. 6. My spouse and children will always be by my side. ~~~~~~ Why paradoxical?  1. Is long life surely me? 2. Will my money still of worth at age 100? 3. Will anyone still bother with an old old man ? 4. Who can be sure money enough and can last ? 5. Will staying healthy sure to keep sickness away ? 6. Hope and pray for your spouse and children. ~~~~~ I always hope that I am the Last Sandwiched Generation; not