Is it true that Construction companies will be shining in current SLOW DOWN?

Sarawak election is just around the corner! Are any of the Sarawak based construction companies benefit from the projects listed above?

T. Harv Eker 8 principles of Speed Wealth!

About T. Harv Eker

Using the principles he teaches, T. Harv Eker went from zero to millionaire in only 2 1/2 years! He combines a unique brand of ‘street-smarts with heart’.

Eker’s high-energy, ‘cut-to-the-chase’ style keeps his audience spellbound. T. Harv Eker’s motto is "talk is cheap" and his unique ability is getting people to take "action" in the real world to produce real success.

Eker is the author of the best-selling books, Secrets of the Millionaire Mind and SpeedWealth. He has also developed several highly-acclaimed courses such as The Millionaire Mind Intensive, Life Directions, Wizard Training and Train the Trainer. He is also the producer and trainer of the world-famous Enlightened Warrior Training.

T. Harv Eker is the son of European immigrants who came to North America with only thirty dollars to their name. He grew up in Toronto, but spent most of his adult years in the United States.

Money was scarce throughout his childhood, so at thirteen, Eker began his work career. As a teen he delivered newspapers, scooped ice cream, sold novelties at fairs, and suntan lotions at the beach. After a year at York University, he decided to take time off to pursue his dream of becoming a millionaire.

During his early adult years, he lived in five different cities, including Lake Tahoe and Ft. Lauderdale. He had a variety of jobs and started more than a dozen different businesses, but regardless of what he did, or how hard he worked, he just couldn’t achieve success.

Finally after many years of frustration, Eker hit the jackpot. He opened one of the first retail fitness stores in North America and grew the business to ten stores in only two and a half years. He then sold part of the company to a Fortune 500 corporation.

With the sale, Eker reached his dream. He was finally a millionaire; however, in less than two years, the money was gone. Through a combination of poor investments and unchecked spending, Eker was back at his original net worth … again.

It was at that point that Eker began developing his theories about people’s mental and emotional relationship to money. He realized that his "inner-money thermostat" was set for a specific amount of financial success, and that everyone else had a financial set point too. His most profound discovery was that this money blueprint could be changed. Using the principles and practices found in his book, Secrets of the Millionaire Mind, Eker reset his own blueprint to not only create success, but to keep it and grow it, and become a multi-millionaire.

During his years of struggle, Eker vowed that should he ever get rich, he would help others do the same. He has kept his promise. He has already touched the lives of over 1.5 million people, helping them move closer to their goal of true financial freedom.

The 8 Principles of SpeedWealth:

1. Develop a Speedwealth mindset
2. Deliver massive value
3. Timing: Choosing the right business at Right Time
4. Systemize
5. Duplicate
6. Leverage
7. Cashing out
8. Do it Now!

1. Develop a SpeedWealth Mindset

It’s important to understand that success is a learnable skill. You can always be more, have more and do more because you can always learn more.

2. Deliver Massive Value

T. Harv Eker defines money as a convenient symbol that represents and measures the value of goods and services exchanged between people. He describes the “Law of Income”, which is: You will be paid in direct proportion to the value you deliver according to the marketplace.

If you don’t deliver a lot, you don’t get paid a lot. Simple.

3. Timing: Choose the Right Business at the Right Time

Timing is everything in business. Choosing the right vehicle at the right time is a rarely and highly profitable skill that can be learned. You have to learn how to gauge and time the market – you have to know when to get in and when to get out.

It’s also important to make sure that you model success, instead of trying to reinvent the wheel.

4. Systemize

This is an important concept for every business, which is also talked about extensively in Michael Gerber’s book, The E-Myth. In SpeedWealth, Harv talks about how a business system is a repeatable process that produces a profit. The key philosophy in SpeedWealth and also in The E-Myth is to work ON the business, not IN the business.

The system is what gives you freedom. And once you’ve developed the system, and it works, you keep doing it again and again. Once you’ve systemized your business and it produces a steady cashflow of passive income, you simply duplicate it.

5. Duplicate

As mentioned, once you have a system that works, you then concentrate on duplicating it. You essentially learn how to leverage your business and scale it up to add value to more people.

But again, the system has to come first.

6. Leverage

The key here is to work smarter, not harder. One of T. Harv Eker’s business motto’s in SpeedWealth is: “If you’re not using leverage, you’re working too hard, and earning too little!”

You need to focus on replacing yourself in the business, whether that’s with technology, systems, employees, or even virtual assistants. You want to leverage yourself so that you can add value to others and make money while you’re SLEEPING.

He talks about examples of leveraging yourself, such as creating products or even licensing your product.

7. Cashing Out

A SpeedWealth entrepreneur starts with the end in mind. Harv talks about how once you’ve set up your systems and everything the right way, you either then have the option to keep it as a passive income stream or sell the business. But, no one will buy your business if it depends on you – that’s why you need to set up the systems so your business can run without you.

It’s important to start a business with the intention of “cashing out”, as you then are developing a systemized business process that is worth more as an asset. T. Harv Eker talks about his business FitnessLand that he sold for over a million dollars to Heinz (the Ketchup people), because of this process.

8. Do It Now!

Life is short. Whatever you want to do, do it now. Nothing is possible without taking massive action.

Harv says that the best three words of advice he’s ever heard about money is, “Get it handled!”

Money is an important TOOL. Money is like lubricant, going through life without it is very, very, rough. Money may not be able to buy happiness, but it can buy you FREEDOM.

If you’re someone who’s been putting off starting a business or a project, do it NOW!

If you need a soft copy or a downloadable copy of Speedwealth, please drop me a message. 

KESM : semiconductor play

KUALA LUMPUR: KESM Industries Bhd’s net profit for the fourth quar- ter ended July 31, 2015 (4QFY15) rose 56.4% to RM10.45 million or 24.3 sen per share compared with RM6.68 million or 15.5 sen per share a year ago, primarily due to foreign currency translation income.

The period saw a foreign curren- cy translation income of RM3.11 million compared with a loss of RM7,000 in 4QFY14, its filing with Bursa Malaysia yesterday showed.

The semiconductor device test- ing firm’s revenue for the period was flattish at RM68.94 million compared with RM68.65 million in 4QFY14, with the marginal in- crease attributable to the appreci- ation of the US dollar against the ringgit on US dollar-denominated receivables.

KESM proposed a dividend pay- out of three sen per share, subject to shareholders’ approval in its forthcoming annual general meet- ing. For the cumulative 12 months ended July 31, 2015 (FY15), net profit jumped 56.5% to RM17.03 million or 39.6 sen per share from RM10.88 million or 25.3 sen per share in FY14.

Revenue for the period increased to RM263.12 million from RM254.37 million, primarily due to higher demand for burn-in and testing services.

In a statement, KESM execu- tive chairman and chief execu- tive officer Sam Lim said testing of semiconductor chips is the group’s growth engine, and the bulk of its expansion is testing devices for the automotive market. “More than one billion units of automotive de- vices were shipped last year from our factories in Malaysia and China to our customers, who are lead- ers in this market segment, and in support of this, KESM has invested close to RM70 million in the newest and most advanced range of burn- in and test equipment,” Lim said.

He added that KESM would continue to focus on high-growth opportunities in the semiconduc- tor industry, which is forecasting a 2.2% growth this year with reve- nues surpassing the US$300 billion (RM1.29 trillion) mark. “Demand for intelligent cars with enhanced features such as safety, connectivi- ty and mobility requires increasing volume of semiconductor chips in each vehicle. Our customers are rolling new innovative chips to the market at a faster pace to meet demand,” Lim noted. 

Good News Again for Hevea

Money Games!

Have you taken your profit ?

When Major market like China, US, Europe etc drop more around 3-5% within a trading day, it is never a good sign! just imagine Dow Jones drop for more than 1000 points in the opening market today! which subsequently narrowed to 400 points ++. Luckily, managed to took profit earlier today for most of my portfolios. Let's increase cash position now till the FALLING KNIFE cease!

Don't forget to take PROFIT on the slump market!

Fears of a China-led global economic slowdown drove Wall Street to its steepest one-day drop in nearly four years on Friday and left the Dow industrials more than 10 percent below a May record.

Wall Street's selloff this week suggested investors are growing nervous about paying high prices for stocks at a time of minimal earnings growth, tumbling energy prices and an expected rate hike by the U.S. Federal Reserve that could gradually usher the end of almost a decade of easy money.

Stocks have seen few large moves this year, staying in a narrow range throughout 2015, but volatility spiked this month once China surprisingly devalued its currency. Weak Chinese manufacturing data on Friday, and another drop in China's stock market, rattled investors' nerves and led to Friday's tumble.

While this month's selloff has been swift, many analysts feel the declines may be close to being exhausted, with a turnaround possibly starting as soon as next week.

"If you're buying a stock, you're dipping a toe in here."

The Dow Jones industrial average closed down 530.94 points, or 3.12 percent, to 16,459.75, the S&P 500 lost 64.84 points, or 3.19 percent, to 1,970.89 and the Nasdaq Composite dropped 171.45 points, or 3.52 percent, to 4,706.04.

Next week, investors will focus on housing data, which has been strong of late, and the preliminary reading of second-quarter GDP, which could lead investors back towards riskier assets if they point to an improving U.S. economy.

The Russell 2000 index of small-cap stocks also confirmed a move into correction territory, marking a 10-percent decline from its most recent closing high on June 23.

The CBOE Volatility index, Wall Street's so-called fear gauge, touched its highest since October and notched its biggest-ever weekly percentage gain.

The S&P slumped 5.8 percent for the week, its biggest weekly decline since September 2011. The index lost more than $1 trillion of its value this week, according to S&P Dow Jones Indexes. Only 10 S&P 500 components advanced on Friday.

The selloff was broad, with all 10 major sectors in the red. The energy index dropped 2.6 percent as U.S. crude oil dipped below $40 a barrel for the first time since the 2009 financial crisis.

Many investors still anticipate the U.S. central bank will begin raising interest rates by the end of the year, but fewer of them expect a September hike after reading minutes from the Fed's July meeting on Wednesday.

Apple, still by far the most valuable U.S. company, fell 4.6 percent to $107.44, the biggest drag on the S&P and the Nasdaq.

For the week, the Dow dropped 5.8 percent and the Nasdaq tumbled 6.8 percent.

So, be smart when we invest! Do lock in the profit while you stock rise in a volatile market like this! There will be always chance to buy at lower price later on! 

Cheers!