My Oyster 123

I might be going to KL tomorrow for business. My colleague and I will meet up with a potential client there before we come back to Penang after 1 or 2 days there. Just last week, I was also in KL, also for business. It is good to have a thriving business where we can get enquiries now and then and some serious customers wish to meet up with us for the project. The only way to be rich is through investment, inheritance, marrying into rich spouse and doing a successful business. You can also be wealthy if you have a specialist talent and knowledge like being a lawyer, doctor, engineer, accountant, etc. but working for other people is slower to be rich compared to doing your own business. Unfortunately, 95% of businesses fail in the first 5 years of operation and have to wind down. Only the remaining 5% will strike it rich.

Early this year, I have been approached for web design work but thank goodness I had to turn it down due to commitment to current work – otherwise I will be very busy like a bee switching between two jobs at one go. Besides, some of the requirements are beyond my knowledge and I don’t have the time to do research on the internet just for the skill. So it is better to let the professionals handle it and earn their keep. Besides, they are trained and learnt all the necessary skills in college to build a functional web site with content management added. My web design skills are self taught and all learnt from the internet and from joining forums of related topic. But I can still offer static web design pages if the requirements are simple and straight forward.

Guest post by Jewel Cole

I’m only 24, but I’ve already begun to feel like I’m too old to be single. My sisters and my mother were all married right out of college. In my family, I’m in virtually uncharted territory. I have no boyfriend, and I’m sure I’m not the only person who is wondering if I will ever get married. Last night my roommate and I were talking about whether we could ever see ourselves being propose to or having a husband. Neither of us could. I sometimes try to imagine what my future husband would be like, and nothing ever comes to me. I do, however, like the idea of him thinking about me. I can imagine him telling our children this long elaborate story about the events leading up to being introduced, forming a relationship and getting married. Or perhaps that’s all only imaginable for me because I’ve spent so many nights watching How I Met Your Mother on expert Satellite. It is, however, much easier for me to imagine my children. They’ll exist, one way or another, I’m sure of it.

I will be going to Kedah in a short while to collect a cheque for the sports courts that my company has installed. This is part of the progressive payment. We will also bring some balls to the owner as free gifts which is part of the agreement. Tomorrow I might go to KL again and I have been contacted for virtual assistance yesterday plus another contact for advertisement on one of my blogs that has a page ranking of 2. I certainly love to work from my home office and getting offers here and there. 2 days ago was pay day and I plan to invest in a gold savings passbook account with Public Bank soon. The price of gold has increased from $123 last year to $170 this year. It will continue to rise which has been the trend for the last 10 years!

I am reading up on finance books and also on investing in the Malaysian stock market. Though I have already opened an online trading account with Public bank last year, I still dare not trade yet for lack of knowledge. Now, as I read more books on investing and financial ratios like ROE or Return on Equity which measures profitability or PE ratio for Price Earnings Ratio and Debt Equity Ratio, etc. You also need to know how to calculate intrinsic value or book value of the share in a company so that you don't over pay and buy at a discount, preferably below 2/3 its actual price.

This morning, as I woke up quite early at around 6:30am, I checked for opportunities and found several. So now I am in a blogging marathon which reminds me that Penang Star Walk 2011 starts next month and you can start registration now. I also received a free ebook to review which will need to be paid for other people later on to access it. My food blog has attracted international attention and I have been contacted before for an interview with an Australian Radio show on Clinic Cafe but I had to gently turn it down. Otherwise, it would mean more traffic spikes for my food blog. But it is doing fine on its own.

Making money on the internet certainly requires some effort and luck. Your computer is your cash cow for you to milk from the internet with broadband connectivity. You have to be resourceful by scouring through the thousands of web sites to find the select few that pays regularly for some work done in a timely manner. Nobody is going to teach you how to do it and it is up to your determination to find the needle in the haystack. During good times, it was lucrative but not anymore. A lot of people are still jobless and the unemployment rate hovers around 9% in USA in current times.