71–80 of 82 posts
I don't see why a lot of people disagree with his advice. Perhaps it is the words he uses. These are his basic divisions of cash. 1. Live cheaply. Don't waste money where you don't need to. 2. Expand your network by being nice and friendly to people. 3. Learn and invest in your future. 4. Take time off, travel the world and expand your horizons. 5. Save money. This is ideally used to start your dream. In reality, thi…
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US has reasonably good system IMHO just a little bit expensive.
I choose to believe that you are a master of sarcasm.
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US has reasonably good system IMHO just a little bit expensive.
A little bit?! I had an accident a few years ago which ended with me falling into water and getting hypothermia, although I was fortunate not to have any injuries apart from a few scrapes and bruises. I was taken by ambulance to hospital and spnt 12 hours in the ICU. I got a bill for >25k, though I was able to negotiate this down to $15 and had the resources to pay it. That's about $2000 per hour. I was seen by 6 dif…
So: 1. don't be unemployed or under-employed (he clearly says it is your fault if so) 2. don't get sick, not mentioned anywhere what happens then, does HK have universal healthcare? This sounds a bit like McDonald's financial advice to their employees http://www.nbcnews.com/business/personal-finance/mcdonalds-f... btw, this guy made his money by buying cheap real-estate and got lucky when prices went up: http://en.wi…
I actually first saw this article on reddit, and someone posted the following http://www.reddit.com/r/Entrepreneur/comments/1y6xqr/hong_ko... >Li Ka-shing is an impressive man, and he drops some good wisdom here. I certainly don't want to knock it. But here's how you become Li Ka-shing: show up in the middle of a war zone with a little cash, a lot of ambition and no scruples. Smuggle supplies for both sides, at a maj…
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I feel the same way. I have ethics and morals. Humans are not merely pawns to be manipulated by me as I climb to the top. I try to live each day without regret. Anyone can get rich. The question is can they live with themselves afterward.
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US has reasonably good system IMHO just a little bit expensive.
A system that you can't afford to use is never very good for you. Healthcare systems should be judged on how they serve the overall population, not just those who can afford to use them.
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US has reasonably good system IMHO just a little bit expensive.
A little bit? There are many millions without insurance in the USA. I was quoted $80 for an antibiotic I needed last week.
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US has reasonably good system IMHO just a little bit expensive.
So only good if you are not too poor. Sounds perfect to me...
I find it fascinating that that the consensus among the responses in this thread seems to be somewhere between Li Ka-Shing being a hypocrite, that buying food for people richer than you is crazy, that his advice is useless, etc. Sure, there are cultural incongruities. Americans don't understand buying lunch for your superiors, and the advice to beat yourself up if you fail to see progress is directly opposed to the "…
>Americans don't understand buying lunch for your superiors. More wealthy/higher ranking/socially powerful/popular/lucky != superior. I occasionally buy lunch for my friends and co-workers out of mutual respect and a genuine desire to show them that the relationships we share are appreciated. If one of them happens to be my supervisor, so be it. But there has to be a mutually respectful relationship between us. I'd a…
You're right that the entire theme of the article sort-of implies richer is better, but a plain reading of it just says: here's how to own a car and a house. It makes no promises about being a nice person.
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> Where I work you cannot gift your superiors You'd be surprised. There are lots of things an inventive employee can do. Official rules aren't everything.
In some cases you might be able to circumvent the rules, but in others you would end up getting your boss fired if they accepted the gift.
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You got to love all these baby boomer aged investors giving advice on how to get rich. Most my age never got the chance to buy property ridiculously cheap, and are now having to rent it from the boomers.
Not sure how old you are, but did you consider property in Florida or Detroit during the global financial crisis? Planet Money had the story of a girl who bought a house for $12,000 and rents it at $700/month: http://www.npr.org/blogs/money/2012/03/09/148218539/this-14-... I'm not saying it's easy (hey, I didn't do it myself). But there have been opportunities. You've got to put the effort into finding the opportunit…