Saturday, September 12, 2009
What you can do with RM10,000
In malaysia with RM10,000 what you can do with it ?
buy house, dream on ...
buy car, no way ...
maybe buy a motorbike or go fancy vacation & restaurant, 10k gone~~
What if I invest RM10,000 buy 1,000 unit with market price RM10 of Public bank share, What'll it worth after 40 years ? Another millionaire .... or multi-millionaire...
I think most of people might know about Public bank history, some history recall:
1,000 unit of Public Bank shares in 1967 until today 2009, you'll have total 129,720 Public Bank shares worth a whopping RM1.2mil. And dividend 400k paid out in gross dividends, represented a compounded annual return of 20% for each of the 40 years.
Is there any 2nd Public bank counter out there with this kind of potential for next 40 years ?
For me, I'll choose Genting International Singapore... reason why...
They target on international visitor, tourist, business man, just like las vegas but way better las vegas
because they've only 2 casino there compare to las vegas more than 100.
It can be easily stated that doing business in Singapore is better than doing business in any other place in the world thanks to the world-class regulatory environment and low taxation. With Lim family capability open a casino in singapore is a A+ move.
Plus singapore government is very kiasu and kiasi, no reason they'll let the business fail. It'll affect thousand of singaporean lose their job, millions of tax income.
One People, One nation, One singapore, One genting
We can expect 4x better because RM10,000 can buy 4,000 unit of Genting international singapore
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sound like good idea
ReplyDeletehow can i buy this share cause i only have OSK account in Malaysia, please guide newbie here & is it listed ?.
ReplyDeletegood view
ReplyDelete