INVESTMENT TIPS

Rest In Peace

Bumped into an old IRC friend yesterday night. We were talking about plans for the future. With the inflation and sky rocketing increase in medical expenses, we need to have a proper planning for old age. Even if you have children of your own, you can’t possibly expect them to take care of you. Heck! I can’t even afford to take care of my parents NOW.

[Self] with the inflation
[Self] and the escalating medical costs
[Self] one can never get enough of insurance
[Self] some more i would die a lonely old woman

[Uncle Lim] aikks why u say tht

[Self] so better save more
[Self] i KNOW lah
[Self] the females in my family are cursed
[Self] they either marry the wrong men or die a spinster

[Uncle Lim] save for who ??

[Self] save more for old folks home
[Self] a nursing home
[Self] or maybe a grand funeral
[Self] also costs to hire people to cry in my funeral

[Uncle Lim] hmmmm buy more than 1 plot
[Uncle Lim] by the time it will more than pay for ur own plot

[Self] i think i would go for incineration
[Self] then if no money to buy a plot
[Self] even if it is just a small space in a temple

[Uncle Lim] its about the same

[Self] then, i would like my ashes to be scattered in pulau perhentian

[Uncle Lim] smaller space .. also cost a lot
[Uncle Lim] now the cheapest is just the plague in the pagoda

[Self] really?
[Self] why are you so ... well versed?
[Self] are u an undertaker?

[Uncle Lim] i've gone and look at some plots

[Self] uhm.. what for?

[Uncle Lim] if i had bought ... would be a rich man by now

[Self] oh...
[Self] investments!
[Self] look at graveyard!

[Uncle Lim] i should have bought like 10 plots when it was RM8000 per plot

[Self] yeah
[Self]now it is like... 30k per lot

[Uncle Lim] those same plots today is like RM30000 and going higher each year

[Self] with no feng shui consultation some more!!
[Self] yeah!
[Self] i think i shud buy two plots!

[Uncle Lim] yups thts what i said
[Uncle Lim] it will pay for ur own plot at the end

[Self] correct
[Self] why wouldnt anyone think of this before?
[Self] this is damn interesting
[Self] where are you planning to buy yours?

[Uncle Lim] well even at rm30k .. its now not even available

Sigh. Not even the dead are spared.

They say, there are two certain things in life – death and taxes.

I would like to add one more – inflation.