Malaysia Money Matters

I wants it, precious! Wonder what is the price? So far, have had good experience with the returns from Pavillion REIT, just kicking myself for not buying into it earlier LOL yeah... nothing much to blog about, except that I'm in the process of completing the lengthy process of buying a house. Yeah, got one finally - a landed property in a decent neighbourhood. My long term investment as it were :)

The other day, I was presented with an investment opportunity in a small oil field in North America. The returns are guaranteed and paid quarterly. The premise of which is that it is a proven oil field, already tapped out of easy oil, so by using a new process which they couldn't tell me what it was but I suspect it is fracking. The proposition is very attractive, no doubt but in light of all these investment cases being in the media lately, such as the Gennova gold investment (don't know if it was really a scam, ponzi scheme or just a case of not getting their paperwork done correctly?), I'm rather sceptical. Finally, it came out that the program has not yet received its certification to be sold to investors yet, so I was not too pleased to have wasted my time on being pitched something that is not approved. Commercial bankers are like that one la.. very compliance focused, you know! LOL Anyway, lets see how it goes, am still interested in it as it is a fairly sh...

I purchased a unit of interest in this venture sometime last year. So far, they've made good their promise of the 1st year return which is in the form of their products (retail value of RM800). Well, you know, bird nest has a high perceived value (even to me, especially on the health & beauty aspect! Yes, I'm vain). Now that the issue with exporting bird nest products to China is more or less sorted out, it should bode well. I think I kinda like buying more 'exotic' investments e.g. bullion, bird nest (oh yeah, the return on my fave shopping mall REIT was unexpected and not bad, think it works out to be around a 6% return pa). Why the birds nest investment? Culturally significant luxury food item to the Chinese (Japanese & Koreans too, I think. And if not, it's not a stretch of the imagination for them to latch onto it too.) Only available from South East Asia - the swiftlets that produce this do not live anywhere else - don't even think it can...