“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years”, by Warren Buffett, legendary investor.
For the image above, they are the coins of United Kingdom, pound sterling. As you can see, the unique design of the coins can form a armor shield as shown in the inscription of the 1 pound sterling! Such creativity and patriotic expressions from the UK government.
Anyway, 40-year-old, seems to be quite far from me and for a lot of young people who are still striving to reach their dreams and success. I wonder where I will be in my forties. Married? Single? Or, divorced? Forever alone? Hahaha!
The coin of 1 pound sterling can be of different designs. Same goes to a group of people in their forties, they may be leading extremely different lives. Some people may be already successful in their working and personal lives, staying in expensive home, driving luxurious car and even owning several companies. While, other might be just living an average life with 9 to 5 working hours and barely survive with their monthly salary. Then, there will always be a group of people in their forties, unable to afford a living and more despair, they don't have a decent job or even a place to stay. If at this age, they lost their job, this can be a devastated situation with no proper saving scheme. In others word, just make sure we have sufficient savings for rainy days starting as young as possible regardless of our financial state. We can't predict our future but we can definitely plan for it!
Today, I am also sharing an old news from Focus Weekly Issue 17, on the 40 CEOs under 40 in 2013. (Which, a majority of them are exceeding the range this year, LOL). Pardon my procrastination. As listed in the table below:
Name
Name
|
Company
|
Position
|
Age
|
Adeline
Ong Ying Hwey
|
Abric
Bhd
|
CEO
|
33
|
Shahman
Azmah
|
Amcorp Group Bhd.
|
Deputy MD
|
38
|
Datuk
Lim Hong Thye
|
Ann
Joo Resources Bhd.
|
Group
MD
|
39
|
Datuk
Ricky Wong Shee Kai
|
Asia Media Group
Bhd.
|
CEO and Founder
|
32
|
Datuk
Robin Tan Yeong Ching
|
Berjaya
Corporation Bhd.
|
Chairman
and CEO
|
39
|
Chia
Lik Khai
|
Boilermech Holdings
Bhd.
|
ED
|
34
|
Lo
Teck Yong
|
Borneo
Aqua Harvest Bhd.
|
ED
|
32
|
Badlisyah
Abdul Ghani
|
CIMB Islamic Bank
Bhd.
|
ED/ CEO
|
39
|
Eric
Yong Shang Ming
|
Crest
Builder Holdings Bhd.
|
ED
|
31
|
Datuk
Dickson Tan Yong Loong
|
Dijaya Corporation
Bhd.
|
Group MD
|
33
|
Narish
Nathan
|
Eversendai
Corp Bhd.
|
Deputy
Head, Middle East
|
31
|
Lim
Keong Hui
|
Genting Bhd.
|
ED
|
28
|
Kuan
Mun Leong
|
Hartalega
Holdings Bhd.
|
MD
|
37
|
Quek
Kon Sean
|
Hong Leonbg
Financial Group Bhd.
|
ED
|
33
|
Lee
Yeow Seng
|
IOI
Group Bhd.
|
ED
|
35
|
Chua
Ling Hong
|
Karyon Holdings
Bhd.
|
ED
|
39
|
Sam
Tan Chek Siong
|
Ken
Holdings Bhd.
|
Group
MD
|
33
|
Tengku
Datuk Zafrul Tengku Abd Aziz
|
Maybank Investment
Bank Bhd.
|
CEO
|
40
|
Mohd
Imran Salim
|
MRCB
Group
|
COO
|
31
|
SM
Faliq SM Nasimuddin
|
Naza Group
|
Deputy Executive
Chairman/ Group MD
|
28
|
SM
Nasaruddin SM Nasimuddin
|
Naza
Group
|
Joint
Group Executive Chairman
|
30
|
Datuk
Wira SM Faizal SM Nasimuddin
|
Naza Group
|
Joint Group
Executive Chairman
|
33
|
Tey
Por Yee
|
Nextnation
Communication Bhd.
|
CEO
|
37
|
Erni
Irdawati Dekritawaiti Yuliana Bukhari
|
Nouvelle Beauty
Centre Sdn. Bhd.
|
CEO/ MD
|
28
|
Ong
Ju Yan
|
OSK
Ventures International Bhd.
|
ED
|
34
|
Puvanesan
Subethiran
|
Privasia Technology
Bhd.
|
CEO and MD
|
38
|
Datuk
Rahadian Mahmud Mohammad Khalil
|
Sanbumi
Holdings Bhd.
|
Chairman
|
40
|
Datuk
Pang Chow Huat
|
Sanichi Technology
Bhd.
|
MD
|
40
|
Kuok
Hui Hwong
|
SCMP
Group Ltd
|
MD/
Executive Director
|
35
|
Lee
Chor Min
|
See Hup
Consolidated Bhd.
|
MD &
Non-Independent Executive Director
|
38
|
Satila
Mohd Suhaimi
|
Silver
Ridge Holdings Bhd.
|
CEO
|
30
|
Hwang
Siew Peng
|
Suiwah Group Corp
Bhd.
|
ED
|
39
|
Sarena
Cheah Yean Tih
|
Sunway
Bhd.
|
ED
|
40
|
Simon
Lau Choo Chin
|
TAS Offshore Bhd.
|
Deputy MD
|
38
|
Ivan
Goh Poh San
|
Tecnic
Group Bhd.
|
ED
|
39
|
Benjamin
Yong
|
The Big Group
|
CEO
|
35
|
Afzal
Abdul Rahim
|
Time
dotCom Bhd.
|
Director
and CEO
|
36
|
Lim
Poh Yit
|
Titijaya Bhd.
|
CEO
|
31
|
Ruben
Emir Gnanalingam
|
Westports
Malaysia Sdn. Bhd.
|
CEO
|
37
|
Jacob
Yeoh Keong Yeow
|
YTL Corp Bhd.
|
Deputy CEO
|
28
|
Based on the list, most of them are successors, inheriting and continuing to run those mega companies from their parents. Yes, this is situation can be related to the Chinese Proverb - 前人种树,后人乘凉. This just means that their parents built a very strong foundation for their children's future. But, I genuinely believe that the new generation is capable in managing those companies with quite a different mindset from the older generation. Anyhow, there are several CEOs worked their way up to where they are. In a nutshell, if you are truly capable, nothing can stop you from achieving your goals in life! For the girls out there, this can be your chance to find a rich and promising husband. hahahahahahaha!!!!! Gosh, I too envy them (successor) because they are lucky to save 10++ years in working force to be successful.
The exquisite 2-pound sterling designs are so meaningful, to record important events including the 2012 London Olympic. Last note, I recognised the important of money since I was so young. To say that I am money-minded, I think saving for better would be more suitable to describe me. I used to be very stingy, saving every cents in ringgit. Over the years, I still practice my saving habits but I am more willing to spend on something practical. Yes, we really earn money to spend it because saving every penny without a proper usage will be a waste (^^). hahahahaha, not asking you to waste the money!
My advice is: Don't spend what you don't have and record your spending to understand the cash flow.