Should I use a motorbike to commute?

Here’s another post in the ‘Australia or Malaysia?‘ series.

When I was in high school, I got my motorbike’s L (learner’s) license as soon as it was legal. I rode my loyal smashing red coloured Modenas Kriss everyday to school and to Pusat Tuisyen Kasturi. However, after I was done with SPM, I couldn’t be bothered with converting to full license and I let my license lapsed (Yeah, I know, dumb).

Anyway, due to the whole mumbo-jumbo of economic meltdown and the problem of expensive goods and services that we’re currently having, I am actually considering of opting for motorbike as a way of transportation to and fro work (When I get a job later on I mean).

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When the economic crisis bites, ego still prevails

Talking about the economic crisis, here’s a true story that I want to share with you.

Junior (Not real name) owns three cars. Not three kancils, but three luxury cars. When the economy was good, he had no problems whatsoever in paying off his car loans and maintaining those cars. He was living a good life.

However, recently, he got conned by a bunch of folks. Also, his business was not doing well anymore due to the bad economy. He was struggling.

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Unemployment exists in Australia? Huh? Really?

I was talking to a person the other day and he asked me about my plans after graduation. I then replied:

“Oh, perhaps I’ll return to Malaysia after uni. Maybe I won’t apply for the permanent residency. You know, it seems really hard to get a job in Australia these days. Even Rio Tinto (a mining company) laid off hundreds of their people a few days ago. Unemployment rate is well through the roof right now. I don’t think I’ll be able to get a job here”.

To which he replied:

“Huh?? Unemployment exists in Australia??”.

I was gobsmacked…….

Moral of the story: Watch more TV 🙂

The end.

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Mengikut Dr. Mahathir, Ekonomi Dunia Makin Tenat (Malaysia Kini)

Read the article here.

According to Dr. Mahathir, the world’s economy is worsening day by day. Things are getting from bad to worse. He also said that Malaysia will be affected, whether we like it or not.

My opinion: Indeed, I don’t think we’re out of the shits just yet. One by one, giant companies are falling like flies. Bad news are announced consistently.

For the past couple of weeks however, things might seemed to be stabilising a little bit but I am still skeptical. Some experts are saying that a base is forming in the stock market, but I’m still not convinced. I still think that the bears are still in control. Boy oh boy I hope I’m wrong.

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Should I pull out from the stock market now?

Many investors worldwide are experiencing losses right now. Myself included.

So, should we pull out from the market?

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U.S. Government Bailout Plan rejected, and the stock market had one of its biggest one-day drop in history

If you have been following the news for the past 24 hours, you know what I’m talking about.

At first, the U.S. Government plan to bailout the banks was a done deal. Things were starting to look rosy again. The next thing you know, wham, the bill was rejected, and it was kicked right smack on its backside.

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