Another Month

I just got to know that I am not going to start my job until 1st of August.

Normally, I am always occupied with things. My mind was always worried about something. Like for instance, studying before graduation for my degree, applying for jobs in the US from January to March, studying for my CFA level one from April to June, applying for jobs for the first 2 weeks in June and got the job offer after that. I always had things to worry about, but it no longer the same. The emptiness filled in my heart. No friends of mine who are not working during the day, no car to go out anywhere I want. I am always at home, stay bored with limited internet connectivity is not great at all.

I am waiting for my car to arrive, hopefully by the end of this month if I am lucky (buying a car in Malaysia, like those of high demand cars, always have to wait for a long time!). The process of waiting for my car is torturing, I am still trying to get used to it. I am copping pretty well. I am also waiting for the Unifi fiber optics internet to be available in my area. I cant go on youtube with my limited capacity of my iPhone 3G connection plus it breaks every once in awhile. It would be also great if I don't have to wait for my CFA results so that I can register for the next level (if I passed) and start studying right away! I would not know the result until August.

I also cant wait to make new friends at my work place. Having new colleagues to experience a whole new set of life as a worker can be great. I just want to expand my knowledge and fun to a new level.

Just have to wait.

Seriously, there aren't many times in my life in my 20's where I feel absolutely empty due to lack of things to achieve at the moment. I have purchased a book which will help me in my future career, titled "An Introduction to Fund Management" from Amazon. It is going to take some time to reach my place as I need my friend to help ship it from the US. By the time it reaches Malaysia, I guess I am ready to start my job in August 1st.

I don't even feel like playing computer games, now.

What can I do at the moment? Reading story books of a successful people to see where else can I further improve myself would be the best choice. I have a few books given by some friends but I have yet to touch them yet.

I am going on a trip to Morib this coming weekend with my gang of friends. I am watching Transformers this coming Thursday night. Seriously, I need to think of more activities to keep myself busy. Activities that are fruitful to my life.

I Have My Career On the GO!

I have just received a job offer from RBC Dexia - Malaysia 2 days ago as a Fund Accountant. I am super happy for that. It is a global investment company (primarily in Canada, Europe and Australia) which provides a wide variety of financial products for institutional clients. The office in the Kuala Lumpur (located in Cyber Jaya) serves as a back-end support unit for the investments in UK and Australia. For more info, check http://www.rbcdexia.com.

What it does:

It is more finance than accounting so its position title may be misleading. My main core function is to determine net asset value through daily market data like Bloomberg, FOREX, Reuters etc.

How I got it:

I started apply for it through jobstreet (or Monster in the US) after about a week of my CFA exam in June 5. Without jobstreet, no one is able to find out about this company. I was then chosen by a pool of more than 600 applicants, narrowed to 50 and picked 15 from it. Yes they are hiring a lot of fund accountants and fund reporting analysts because this back-end office is growing rapidly in Malaysia. It was my first official interview for the position that I wanted (I have always wanted to work in an investment company as a "financial-related position"). I went through 2-staged interview. The day after my final interview, the company has decided offer me the position which I was extremely excited about.

Where I am going to work:

Cyber Jaya, which is very convenient for me to travel around as it is only 20 minutes away from my house! How great is that! Best thing is that I dont need to go through any toll and there is ABSOLUTELY NO TRAFFIC AT ALL! I have been thinking about traffic jams ever since I wanted to look for a job in Malaysia because no one can ever skip the traffic if they choose to drive and work in central of Kuala Lumpur (which most big companies are located in this area). The fear of traffic jam derived from the period when I was interning with Ernst & Young back in 2009. I had to go through a very jammed high way (LDP) both through and flow. Very often, I feel very tired right after work but I will have to face the traffic. There was a time when I felt a sleep in the jam and nearly knock the car in front. What a tragic. I have a history of accident free when driving (except for a time when I was driving my friend's car where I was very careless), so I must not break it! Now, really thankful that I dont need to face it anymore.

I am excited for this position and I cant wait to get into the work-force. I know that the reality may make my job and life ugly but I am more than optimistic to face them. I will turn things around and make things look good. I am determined that it is something that I would like to do and I will climb corporate ladder in this company!

Room - Before & After

After:

Before:

All of the items above, except for mattress and the bed frame, were bought in IKEA. The wardrobe was built-in and given by my uncle. Total approximate expenditures on the furniture is RM 2380 or USD 794. Not too much isn't it? (I am not being sarcastic).

The most expensive item among them is my mattress which cost about RM 1000 or USD 333. Mattress is normally very expensive especially for the good ones. Well, I think I got a pretty good price on it. I could have bought a nicer and more expensive bed frame than my current one which cost about RM 250 (USD 84) but I did not because I dont think it is crucial to spend so much on decoration. As for the table, I wanted a L-shaped. So I bought one which is consider very cheap (RM 500, USD 167). As for the chair, it is important for your spine so I get the good one (RM 300, USD 100). I bought a cheapest bookshelves you can get in IKEA. Again, because it is just for decoration, I dont mind getting a cheap one. RM 370, USD 123.33.

To sum up, I only spend more on those which I think is important to my daily life activity items like mattress and chair. Not so much on those decorations. =)

June 5 - Sunday - War

This date is approaching! A day where I have to 'pour out' the knowledge I learned in my entire degree life and with reinforced with 6 months of daily hard work onto an exam. The CFA level one exam. This exam passing rate is based on a curve where the CFA Institute only select around 30% of candidates to pass. I failed in my first attempt last year in December and I do not hope to repeat it this time (I am trying hard!). I hope that there will be more people taking it this time because that will increase my probability of passing it, of course it comes with the assumption that there are more unprepared candidates than those who prepared well! Haha!

In order to give myself less pressure handling this exam. I need to learn how to accept failure even if this is going to be my second attempt. If I learned that it is okay for me to fail it, there will be lesser anxiety when I am actually handling the exam in the exam hall. Because I know if I fail again, I will definitely retake the exam in December this year assuming my ambition holds strong!

But there are really too many reasons for me to think not to fail. Like how will people judge me, my motivation to take the third attempt will be lesser and my dream to be a CFA charter holder will be darker.

The truth is, this exam is really hard due to its wide coverage. It is not easy to remember and memorize materials of 6 text books! One of my professor actually told me that this CFA exam is actually competing based on memory capacity; who remembers the most will pass the exam. On the second thought, I cant agree more.

In my realistic career goal, I have set to achieve CFA Charter holder by the age of 27. Now I am 23 and I am sitting for the level one exam. I am going to sit the level two next year and level three the year after. (FYI, availability of level one is half a year once, level two and three once a year). So by right I will be able to pass all at the age of 25 (ideally). But I know that it is really too much for a person of my level. Basically, I am allowing ONE failed attempt on each level.

The reason of saying that is passing rate of level one is 30%, level two is another 30% and level three is 50%. Probability of a person passing all of them in their first attempt is 0.3 x 0.3 x 0.5 = 4.5%! Meaning out of a hundred people taking it, only 4 to 5 people will pass all three levels in their first attempt. FYI, only degree holders are eligible to take the exam. In another words, they are as smart as I am or not smarter. It seems that I have optimistically set my goal given such information. But I do know there are many people taken more than 3 to 4 attempts to get a level passed. This is o-m-g.

Like I said, I will be studying always. Really hope to achieve the title before I get married. There goes my life as a young adult! But somehow I feel satisfied each time I learned something, so it will keep me motivated.

Sad World Sad Life – I failed

At the moment when I was write this message, I failed to convince my best friend to listen to me. What she said was the stuff that we are discussing is not important and therefore I should not take it seriously. But why didn’t she say “okay, you go on, I will try to understand you because I know you treat it as of great importance”? If this sentence comes out from her mouth, it would have completed shut me off and I will feel “great, I have the best friend ever!”. The fact is not as calming as it seems, her desire to shut me off in the wrong way.

Why should I convince her in the first place, but not others who went into “war” with me during the debate? This is a result of different care I have allocated among my friends. The more care for someone, the more I hope from that person (realistically). But all I want is her to be by my side, is that to listen to me.

She said I should not treat it seriously, just a normal yum cha hangout. But the topic that we went into debate is about my career goal, my life. Yet I was being criticized by my close friends. I know they were trying to care for me, but they didn’t even understand my point. All they were saying is based on my judgment on my relationship e.g. how I choose not to face the fact (which is not true because they didn’t want to listen). My tolerance for them is almost capped because they could not even bother to listen. I went into debate with them because I care about them as my close friends, I was trying to tell them that the world is not that pessimistic as it seems because I have seen it in many of my friends. Be open-minded please! And don’t compare previous generation thinking and apply it to current generation, things changed!

So I went into debate with them, which is 1 on 6. I would not get into it if they were just normal friends because I don’t want to waste my time explaining stuff to someone who is not important to me. Among them, one is my best friend. She didn’t not get into the debate with us, but unfortunately, she did not get my point. I don’t care anymore if the rest did not want to listen because I am so used to it. But I do care if she is listening or not. I also could not denied the fact that she was being brainwashed by the group last night, telling her stuff that they even misinterpreted it. Therefore, I was trying to get to her today and telling her the importance of her listening to me. She asked me to stop the topic. I didn’t care if she thinks I am right or wrong, but I care if she would at least try to understand me.

I have been trying to let it go, but I could not. I feel very disturbed when I know that she chose to avoid that topic than to listen. I could not even concentrate on my studies! I could die if I care the group of debaters the same way as I do to her. Hopefully this blogging could help easing this pain, allowing me to focus on my studies. Because I truly have no other alternatives that I could think of.

P.s. I think that it is extremely childish to prove it to her that I am right few years later because it defeats the purpose of her believing in me, as a best friend.

Wait wait and wait…

Do you know what it takes to really wait? Perhaps it could be better described after I tell you my situation now.

Before that, Malaysia is really hot and humid. I wish that Malaysia could snow at least once a week.

First thing that I am waiting is my car. My brand new car, sponsored by my father, when is it going to arrive? Right now we are in the process of tendering car plate number, in which, according to my family tradition (or the Soh’s family and relatives’ tradition), we are hoping to get the number 1818. If the tender number is unsuccessful, then my father will have to wait for the next month to tender again. Yes, getting 1818 is very important (readers of my blog in Malaysia, please don’t tender this number in the future for fewer competition!). There is a price to pay to tender it, whoever bids a higher number wins the bet for the month. I would not tell how much my father allocates to get 1818 because it is p & c. My house has got 4 of 1818, many more with my relatives and my father’s company. According to my father, the Soh family believes that 1818 would bring them prosperity in business and wealth. It is good to have a positive belief.

As for my car, my father asks me to choose among Toyota Vios (known as Yaris in the US), Ford Fiesta and Mazda 2, or any car of the price range (RM 80,000). Mazda 2 is out of the picture because I don’t like it. Its exterior design and interior design suck (personal opinion, no offense) plus its performance can’t compete with either Vios or Fiesta. Initially I prefer Vios, but knowing the power of Fiesta and its technologically efficiency, I like Fiesta. Its interior and exterior are both nicer looking than Vios, plus it is a new design, new car worldwide, top car in Europe and 2^nd top in the US. Why wouldn’t I choose Fiesta over Vios?

Well, I don’t like the fact that Fiesta is a compact car. It is smaller than Vios internally plus the spare parts are harder to find (Ford is not that famous in Malaysia and it has bad market perception). Its quality is not guaranteed too; it also has a very low resale value. Resale value is very important in my family because we always sell our car after 4 – 7 years of driving and get another one. Low resale value car will not be appealing to my family. So, choosing Vios over Fiesta could better please my family. Also, my younger brother is definitely going to get Fiesta (my father is getting us car at the same time) so I would not want 2 of the same cars under the same roof.

I have went through so much to finally decide getting a Vios because I could prefer modify the car to make it look sportier and add speakers and also change the music player to a much cooler one. When I told my decision to my father last night, he asked me not to get Vios because it has old car design (since 2006) and he knows that youngsters like me would not prefer to have it nowadays and asked me to choose Fiesta. Wow, he was being so understanding, last night. Trust me before that he does not like me choosing Fiesta because of the reasons above). But again I don’t like a small car even though all of its specs triumphs Vios. We will then only decide which car I want when the results of tendering car plate number is out.

So, while two of these cars could not perfectly fit my desire, I sort to look for some other cars. The new Honda City is my dream car (for now) and the specs are all better than Vios plus it is much more spacious than Fiesta. It also has high resale value (as most Toyota and Honda cars have high resale value) therefore I am sure my father will be pleased. The only thing to worry is that it has exceeded the budget of RM 80,000. It costs, with insurance, lower spec is RM 85,000. I am ready to tell him that I am going to chip in RM 5,000 if he is willing to consider it. So I am still waiting…

Next thing that I am waiting is the result of Unifi (internet like Mediacom) for having coverage in my home area. My house has got no internet for almost a year. I tell you it does not feel good to transfer from a high internet speed home to a home where there is no internet coverage at all. Many inconveniences. Too bad I am living in a new area where the Unifi coverage is just right outside of the compound of my house. Sad. I have searched for solutions (e.g. like requesting to setup internet in my area, looking for Unifi sales man to see how long do I have to wait in order to get it), but no one firm question been answered. One sales man told me that my house will start to have coverage next month, while another told me in quarter 4 like November. The only thing that convinced me is that I have noticed 4 Unifi technicians came to my housing area to fix the port, they said “soon” will have coverage which they were not able to provide me the exact date. Another fact is that I do know that the fiber optics have all been fully installed, phew. Just have to wait……

I am waiting for some replies from the job I interviewed. Hopefully I will hear some good replies soon. I am also studying every day to sit for an important exam next month. I will just have to wait till I sit for it before start having fun. I am also waiting for my parents to give me pocket money. I am also waiting to use a car so that I could go somewhere close to hangout/catch up with friends (I am only able to use any car at night).

Waiting is not fun!

Memories

These days I am feeling really bored at home. In the day, I am doing nothing other than studying (not even applying for jobs!) and I have no interest in watching TV. My study desk faces the window which allows me to look at the clear blue sky and some of the uncut grass. As I look out, I started to think of things and events, particularly things that happened to me while I was studying in the US. I miss my host family a lot, (Amy I know you are reading this), we were always having fun with each other, like for instance playing card game, having dinner, or celebrating Christmas/New Year/Halloween/Saint Patrick’s Day/Valentine/Birthdays and believe me that we had never missed a single event together. These wonderful memories still lies deep within myself and I am afraid as time goes by, these memories will become a dream; a dream that I would always hope to have when I go to bed.

My journey in the US was 2.5 years. But it passed like a split second. Would it turn to a dream later in the future? Where you can’t remember all of the details but just a big picture of those events? This is what makes me regret for not writing down the details of past events in my dead blog.

I used to think that hanging out, travelling and catching a movie in the theater with friends etc. could be my great college memory as I grew up. But I think I am wrong. Yet they were fun at those moments, spending time with my host families creates more fun memories. I learn things while I was hanging out with them. This learning process is different because it comes with love; love from someone who wants you to live a happy life in the US. This love is not selfish because it provides only care without strings attached. A great love that is warm and noticeable enough to feel it.

Unfortunately, I am someone who does not know how to show my love even if I love them. At least it is not in a visible way.

Now, how long more should I wait to see them again? Going back for masters is not going to be an option now because of financial issues. Perhaps waiting for them to come to Malaysia would be my best bet. I will need to ensure that their accommodation here is fully arranged. Plus, they had hosted a few children and they will host more in the coming future and I am sure that their children will be more than willing to have a few shares in their accommodation. I could not imagine how happy are they going to be when the Stouts arrived to KL.

Oops, I did not even formally congratulate my host dad that he has got a new job with Principal Financial Group.

I will just wait for them. I also hope that they won’t come in the next month because I will not be able to support them financially. Haha…

Insomia - Random Thoughts

Cant sleep at this time. It is highly due to the fact that I am still hungry. I wanted to hang out with the basketball gang after the basketball intramural game earlier but I thought that they might not be interested in. We did a good job in the game by the way. We are the first runner up and we lost primarily due to height differences (after all, we, Asians are playing against Americans). But I did learn a lot in this game. =)

I had a couple of biscuits. Felt like cooking instant noodles but it is going to keep me full and therefore hard to sleep again.

I have purchased Nikon flash, SB-600. Cant wait for it to arrived at my place so that I can play around with it. It is going to be useful as I will be attending numerous parties because it is good for portraits!

Thinking about photography, I would like to thank the people who taught me the technical part of it. The name is Shu Yuan Goh, he is really good at photography and I have much to learn from him.

I miss home very much. I also miss Malaysian food, even more. Dilemma created as I need to look for a job here after graduation. OPT applied and fee of $340 paid. Even if I dont get a job, I want to make sure I use my time here well, to enjoy to the fullest without having to worry about education. (well, I might have to take CFA level 2 if I passed the level 1 in coming December; or retake level 1 if I am not successful in getting a "pass").

I miss Shin Yee and friends a lot. Felt like so many years that we have been apart. I really cant remember how long has it been the last time I went to cyber cafe to play DOTA with them. Man, I miss the moments.

Right now, in terms of my current classes at Drake, I am facing one of my toughest (but yet interesting) finance class at Drake. It teaches us how to evaluate equities, intrinsic value and stuff (I would like to skip the entire objectives, or else readers would find it boring) that I am interested in learning more. The class itself does not have any exams to be graded; 40% attendance, 60% assignment. Currently, I am working on the first assignment but I got stuck somewhere in the spreadsheet (fyi, more than 20 pages of spreadsheet) and I am not successful in locating the error. I felt so frustrated as I spent more than 5 hours doing it by comparing to my friends' spreadsheet. As a last resort, tomorrow I have to wake up earlier to discuss with professor about it.

Shin Yee and Chan Hung birthdays had just passed. It has been 3 years since my last celebration with them. Sad. Li Ching is now alone studying in Perth; and currently engaging into a relationship?

Thinking about a purchase, SB-600

I have been working part time consistently in the past year and I have not gotten myself anything yet (besides a DSLR, which is slightly lesser than my monthly income and thats like 8 months back). I feel like treating myself something, and right now I am looking into Nikon flash, SB-600, which is a very awesome flash given its price, since I like taking portraits, this flash would be beneficial for me and serve me well for years.

This is weird for me because the flash itself is not that expensive (a third of my monthly income) but I am not able to add it to cart like I used to. I feel more like saving. I hope this change in me is a positive one.

Also, I think in Drake University, I am the only malaysian student who bought DSLR with my own money. I am proud of it since I did not buy something that I want with parents' money. But often, I receive criticism that I had a lousy purchase. Nah, I don't mind since I am not into professional photography yet, a good entry one will do good for me. Plus, I am satisfied with the pictures I have taken (after taking so long in trying to make it right, but still imperfect), and I am still going to improve further after my studies.

Oct 15 2010

I am tired of studying for CFA, hopefully this feeling is just temporary, I am just one and the half months away from the actual exam date. Keep working... keep working...

Stuff that I learnt in my life including cant be straight at almost all situations. Facebook is no longer a personal thing to everyone. Every sentence you post will be evaluated and analyzed by someone else, and quickly, they will judge your personality based on the comment. Sigh... But soon, facebook will come out with a filter that could filter your friends (I am not sure what it is, the CEO of facebook just announcement it couple of days ago). I believe this feature will be utilized by most people and making facebook's home page less personal, more towards business. Sad thing.

Recently, there are some bad personalities in me that blinded from my consciousness. Some of it become so rigid and sometimes it does not make sense. I am trying to feel the change in myself and make necessary changes. A friend of mine actually talked me through it. I am just trying to be perfect but knowing that there is no perfect people.

And the US economy is not getting any better. Job market has been dying and never improved, particularly in the financial services area. Man, thats exactly the area I want to pursue in my career. Historically, US has such a strong financial market in the world, until the discovery of the use of derivatives. Chances of me staying here after graduation and securing a financial analyst position is so slim. Unless, I lie to myself that I actually like auditing and taxing positions, I could pursue that path since there are more job openings in that area.

On to the story of why I hate those people who actually judge others people relationship, it happens to my case. I happened to know someone judged my relationship with Mary Anne saying that I do not suit her (or she could find a better one), I was really mad. Ridiculously, I don't know the person very well, neither do him. Why would he want to do such a thing? To destroy my relationship? Other than that, I could not find any other reason why he want to say that to us, or either one of us. Hopefully these people could grow more mature and understand the damage they have done to us and vanish! If you like to judge, just judge among your little scums, and make sure your scums could keep their mouth shut so that it will not affect the people who are in a relationship.