Summary of Q4-2010

As the year is coming to its glorious end, I shall recapped what I have managed to achieved this year. First and foremost as I have proudly declared over and over again on my blog is my very first major purchase. VK!

The very first time I wrote multiple cheques with 5 digits on it (downpayment, legal fee, renovation & furnishings), the very first time I screw my lawyer upside down and came to realised that lawyer afterall isnt that smart, not even if they speak the best Queen's English nor they sat for the toughest exams around. And, a lot investors too concurred with my findings, sigh, pathetic. Most importantly, the very first time being a landlord =D.

Aside from investment, I have left audit and joined my client, Ikea (yes, yes, meatball) for a finance role. I still remember 2 years ago, I was sent to audit ikea temporarily, it wasnt even in my portfolio. My then client (turned colleagues) were very nice and friendly, documents were given promptly and the environment was really good. Nice workstation, nice culture and I jokingly asked if they are looking for people for any role. Promptly after the engagement ended, I requested to be on the ikea audit permanently, and I have to keep reminding my manager to book me on her job. Well, and two years later, they have a vacancy and asked if I would love to join them, I was hesistant at first due to conflict of interest but got the green light from my audit partner to go after a grace period.

Networking wise, I have made lotsa investors friend from PMC and on facebook. It is great to have so many generous investors who dont mind to give you a few pointers on investment. But there are also the stingy ones that keep asking but refused to share their focus area and a few noobies that ask ridiculous question which is easily found online. I usually ignore those ppl, not that I am snobbish but clearly, you have no idea what you are getting into without enough research, how could you be a property investor when you don't know the different between freehold and leasehold?

Relationship wise, what relationship? I am free as an eagle! :P (I am so going to be murdered ;D). The other day, mum just told me so and so is getting married and so and so gave birth while I was busy surfing the net, and the obvious reply would be 'Oh, okay' right. The next thing you've guessed it, she asked me when is my turn. I turned around and looked at her, nonchantly I said, after I have 5 properties. Of course, she called me crazy for being so materialistic and demanding! But I further explained that, I am going to buy 5 properties myself on my own! (Indirectly saying that I don't need a man, aside from cleaning and companionship ;D).

I guessed that pretty sums up my whole year apart from the day to day 9-5pm usual stuff.

And for my new year's resolution! Hmm... I would need to shed a few kilos to fit in that dress of mine, try to jog at least twice a week to prepare for my expedition to climb mount kinabalu again. ( I climbed up 5 years ago without much preparation, think I didnt do well hence the second round). To learn as much as possible from my bosses so I could do better in my work, read up on commercial properties and perhaps JV with other investors to buy into commercial. Be more dilligent in keeping my face wrinkles free! (I can see fine lines around my eyes!) and improve my salsa dancing!

P/S: I am still attached to the guy I met online 4 years ago in case you got the wrong idea, but I always welcome new proposals as I need to QC my current companion to match against the market benchmark :D

Merry Christmas everyone!

Landlording

Yours trully is now a landlord =D.