Thursday, January 31, 2008

Bad month for us .

It's a bad month for us this month . Simultaneously , our tenants at our two shops and two houses gave notices to vacate the premises beginning the end of of January . This means we will be short of about RM5,000/- beginning February 2008 . So far only our flat at USJ Subang Jaya has been reassigned to another tenant . The rest has still yet to confirm . I hope my property agent would be able to find new good tenants to the remaining premises .Otherwise we would be in great trouble financially . My RM 3,000/- pension is not enough to survive especially with the current escalating price increases of essentials .
To make matters worst this morning when we visited our house in Section 11 Shah Alam which was vacated by the last tenant , we found out that the house was really in bad shape and needed a major repair . I reckon it would cost us about RM 30,000/- for the repair before it could be rented out again .The kitchen cabinet was a wreck , the paint was as bad as the estate houses, the doors were brocken and the ceiling upstairs was rigged with holes almost everywhere . Even the the compund of the driveway looked like a piece of grave due to the undulating land as a result of the fish pond built by the tenant .The last tenant did not take care of our house despite the fact of the low rental given to him .I am now contemplating to sell it off in order to escape the headaches . Any way even if we decide to sell it off , the repair is still needed , otherwise no one would want to buy it .This would also mean that all the rentals collected so far would be spent for the repair and thus render it not worth the rent . It would have been better for us to invest in the Amanah Saham Bumiputra and would heve got better return . Well , that is all about business . We made the mistake for taking the uncalculated risk . That is the price we have to pay .
Actually , this was our first house which I bought when I was a young Inspector in Segamat ,Johor about 40 years ago .It was bought for a mere RM 37,000/- . It was a hard earned money when we had to tighten our expenditure in order to service the bank loan ( Maybank ) . Any way it was worth the sacrifice for the price of the house today could fetch up to about RM. 250,000/- due to it's strategic location. Because of it's sentimental value I did not want to sell it earlier . Now I guess it looks I have no choice but to sell it off .

Tuesday, January 01, 2008

New Year of 2008

The advent of 2008 was celeberated with joy , laughter ,dances and intoxication madness that possessed our youths . Not that I was not looking forward at the arrival of that auspicious moment - the strike of midnight of the new day , but I was sad looking at what has become of our people who would be the future leaders of this country . The youths seems to have lost their sense of direction and they do not realize that their actions only reflect on their bad attitudes .The country not only need good leaders , but the country also need it's citizens to be responsible , hard working and perseverence in order to achieve the country's vision of becoming into a fully developed nation . To be good citizens we must also be balanced phyically and spiritually , so that our future generation would not be bog down with social problems which could impede the nation's aspirations .
Without really realizing it , I have retired from my job for almost 5 years . Time went by so fast and I am getting old that fast too . At 61 I don't feel that I am too old to live . I am determined to continue on living to see my children getting married having children of their own and to see my grand children grow up . I pray to God so that I would be bestowed with good health in order for me to realize what I had aspired . Unfortunately for me at the moment there is a little problem with my right knee . I cannot walk for long distance because of the excruciating pain . It all started from the left knee . The left knee is almost cured now but it has moved to the right knee instead .Well , that is life of an old man . I am almost confined to my house .During my heydays I did not really take care of my health . I thought it was enough with good food and a little bit of excercise . I did not care to take any extra vitamins or other health supplements .After having been in this predicament ,now I realize the importance of health . Money and and wealth only comes second . Any way I hope I could be cured soon .