Easy earning scheme, anyone ?

One of the coffee shops talk :

If a person buys 100 very old cars with engine capacity of less than 2000c.c, and register under his name. How much is he going to get?

Lets say each car costs RM 1000. One hundred old cars means a capital of RM 100,000.

He needs not use the cars. Just store it in a rural open space.

He can get a rebate of 100 X  Rm625 rebate = RM62500 a year.

In 2 years, he will make a profit of 62500 x 2= 125000 minus 100000 = RM 25,000.

In 4 years, he will make a profits of 62500 x 4= 250,000 minus 100,000 = Rm150,000.

The more vehicles he owns, the more profits he gets. 1000 vehicles means he gets 250,000 in 2 yrs and 1.5 millions in 4 years….

The longer is the scheme , the more profits he gets.

The older are the cars, the cheaper he can buy, and the more profits he gets.

(Third party insurance of Rm 10 per car means he spends an extra Rm1000 a year, a negligible sum compared with his profits).

Who says coffee talks are nonsense??

22 Comments (+add yours?)

  1. monsterball
    Jul 15, 2008 @ 15:53:12

    hahahahaha Doc!
    Get “A True Malaysian” to confirm your theory….and I am tempted….to invest.

    Like

  2. Dr Hsu
    Jul 15, 2008 @ 16:07:03

    Monsterball, if you can use 10,000 cars, you can get 15 millions in 4 years. A True Malaysian, please use your accounting skills to help Monsterball..

    Easy money and good returns on capital… One risk… The government may just change the rules and say that no rebate will be given when they run out of Petronas money..then you will be caught with rusty cars which cannot even be started…..:D

    Like

  3. A true Malaysian
    Jul 15, 2008 @ 17:16:23

    Haha, good one.

    But, any limit imposed on claiming rebate of RM625? If no, maybe this scheme is workable. But again, where will you ‘park’ those ‘old junks’? At scrap yard? Scrap yard also need rental….am I right? How about income tax?

    Maybe just sell those ‘old junks’ at scrap, less risk.

    Like

  4. Justin Choo
    Jul 15, 2008 @ 17:19:48

    Dr Hsu and Monsterball,

    Please careful this idea is the intellectual property of a very intelligent and enterprising entrepreneur. It is copyright protected.

    I can’t send a link in this comment as Dr Hsu has installed “Spam Protector”

    So if you don’t believe go to my blog and read the posting dated June 6 “Be a used car dealer” under label “humour”.

    Like

  5. monsterball
    Jul 15, 2008 @ 19:04:31

    yea…First you make my mouth water…with the good news.
    Now you tell me…a football field needed to park the cars….cannot start….subsidies may suddenly be discontinued…due to no more oil money….income tax on profits.
    Now both of you really talk!!

    Like

  6. songsong
    Jul 15, 2008 @ 22:51:08

    Car rental business profit from rm625 rebate as petrol supposed to be filled by clients renting the cars.

    Like

  7. Phelps
    Jul 15, 2008 @ 23:18:27

    If I am not mistaken, each person is entitled to claim up to a maximum of 5 cars. Of course, they can use other names to own the cars.

    Also, the rebate is only a temporary measure. Sharir already mentioned that he prefers direct rebate from purchasing petrol, maybe by using petrol card or Mykad.

    Money is not that easy to earn.

    Like

  8. monsterball
    Jul 16, 2008 @ 00:37:30

    hi guys..Frog is at “Road Blocks…Red Hogs” post….saying he is testing all of us.
    Go….F….him!

    Like

  9. jeff
    Jul 16, 2008 @ 02:05:29

    yes, monsterball, i read that freak’s comment too!
    He is either a spy or a weirdo, testing us all so can show his super intelligent and IQ in Dr Hsu ‘s blog. Why want to test commentators?He is not the owner. This freak has no respect for Dr. at all, name calling, doing his testing without doc permission, thinking he own this blog and trapping Dr.’s commentators. Too many of this type of personality with twisted mind in our country today, monsterball!!!! What we all do to deserve this type of lowlife living among us?

    Like

  10. jeff
    Jul 16, 2008 @ 02:08:46

    why don’t he just go “jack-off” since he is so stuff up inside himself, monsterball? at least we can have more tadpoles swimming around us.

    Like

  11. monsterball
    Jul 16, 2008 @ 06:52:31

    We all are sinners….Jeff
    Let him talk tick talk tick talc.
    We all knock know knock some senses into his slimy brain.’but we have been doing it for months….and he is getting worst and worst.
    Since this is Doc’s blog….he must be the most sinful….to get one like Frog.
    When he speaks again…I will try some voodoo spell on him…….I learn from Bali.
    Come on in…FROG!!

    Like

  12. Dr Hsu
    Jul 16, 2008 @ 10:10:43

    Dear all, I have always stressed that this forum is for all views. You can be pro government, anti government, or advocate no government, I will not censor any comments as long as it does not carry personal attack or attack on race or religions…or foul languages.

    I always stress that there must be press freedom. Although this blog does not qualify as ‘press’, i would stick to my belief and let everyone have their say.

    Let us always agree to disagree. By arguing for and against, we get new ideas, new thinking.

    As far as I remember , I have not censored any post outside the above categories, even those that criticise me personally. From those criticism, we grow.

    That is why Monsterball said that I write a post, relax and let coommentators take over… which is partly true, because this blog is about you the commentators. I get to hear and read all sorts of interesting comments, pro and anti, for and against. And we learn along the way. ( I said partly true, because I do not actually relax and I read all comments and think about them )

    By the way, monsterball, where is ‘humble forest’? I miss his poetic style of comments!!

    Like

  13. A true Malaysian
    Jul 16, 2008 @ 10:32:34

    Its true, Dr. Hsu,

    DIVERSITY IS OUR STRENGTH.

    Take a trip down to Ikea and you will know what I meant.

    We can see many people of all races, cultural and religions working there, each contributes their small part…….as one people, as Malaysians.

    Like

  14. monsterball
    Jul 16, 2008 @ 10:45:23

    Yes…Doc…your message is noted.
    I apologise being sometimes….too dramatic and personal..but on frog…I think he knows … I like pulling fast ones on him…while telling him off.
    That balance up things.
    He keeps coming back. If not…I do miss him too.
    But I will try…find diplomatic words to expose pro BN…trying to agree ….to disagree …..promoting UMNO and BN to manage the country again and again.
    I am dead set…to promote change of government…and majority agrees.

    More and more from UMNO will support Anwar…after hearing the debate.
    But …as expected…S.Times and Star said….it is an even match debate…when out of at least 95% of hundreds comments supports Anwar’s professionalism…ignoring insults and out of the point remarks….made by Shabrey.
    Where is “humble forest”? Did I chased him out?
    hi “humble Forest”..where are you?
    If offended you..I apologize la….come back!
    What else Doc?

    Like

  15. Dr Hsu
    Jul 16, 2008 @ 11:15:51

    Monsterball, you have not done anythng wrong…. and your comments make this blog very lively ,too.

    I suspect humble forest might have migrated to other more interesting blog….

    Like

  16. monsterball
    Jul 16, 2008 @ 11:48:26

    Do you have shares in Ikea….True Malaysian?
    Yes..Ikea products attract the middle class…and it is this class that are very open minded.
    If you don’t have shares..I suspect..you are their Auditor.
    Doc….Thanks again.
    Maybe humble forest wife delivered triplets..and he bought a 3000 cc 4×4…few months ago…dirt cheap…now kepala pusin….how to balance budget.
    Anwar predicted more worst ..hard times .two months from now.
    I predict…..thousands of UMNO enjoying easy life…with lots of easy money….will find life…not so easy..within few years…and other races…so used to suffer and slog…can weather off…all bad luck.

    Like

  17. FROG
    Jul 17, 2008 @ 08:46:26

    Why are so many vulgar words and no more decorum and respect in this debate. Monsterball,have some good manner.Love and respect your enemy even though you don’t agree with them.Look at the debates in the House of Commons. I disagree with Anwar because of his inconsistency in his views and contradictory behavior in his political career.From anit-govt. to pro-govt. and anti-govt again.Not practicing what he preaches. Similarly I am very annoyed by the antics of some Umno politicians like Khairy. Monsterball,be cautious in choice of words. I can forsee our Parliament is going to be like Taiwan.

    Like

  18. FROG
    Jul 17, 2008 @ 08:54:11

    Monsterball,you don’t know Anwar. You blindly support him because of your hatred against BN or Umno. BN must change also otherwise it will perish the next election. But Anwar is not the proper person to topple BN.I prefer BN now until a better alternative comes out. The bunch of Monkeys in PR is as bad as BN. Look at the 5 PR states,the leaders are wining and dining with developers and rich people now and land-grabbing has started.

    Like

  19. monsterball
    Jul 17, 2008 @ 19:05:26

    Frog…You want to talk c**K to me??
    Don’t try to teach me manners.
    The moment I gave you some face…out come your cock and bull.
    How old are you?
    Who cares whether I know Anwar personally or not.
    How much do you know about UMNO and BN..these…52 years?
    Did you live through it….or read story books about them?
    How dare you call PR .a bunch of monkies?
    Is it full moon already?
    Just look at the way you blare out…like a lunatic.with no brain at all.
    Frog nick… surely suits you.
    That’s the most intelligent thing you did so far…choosing to be …a useless slimy toad….but one suspect…you are still a tapole.
    You talk cock..with no substances…and don’t tell me…you are testing my patience.
    I have voom power and feel 10 years younger…after 4 hours beauty sleep.
    So lets rumble…it you want.
    hhhmmm….a monster with one big ball against a toad…that can change sex…what a weird tiny ..useless..creature you are.
    I bet you…your tiny pr**k is useless too.
    I try to love an enemy like you..not anymore.
    You are a sick frog!!

    Like

  20. monsterball
    Jul 18, 2008 @ 05:18:06

    Choosing to be a frog……shows you are admitting..you are not fully developed ..as a homosapian…and far far away from being ..a civlized human.
    Perhaps in your previous life…you are like Mahathir..clever to talk cock and bull..sinned so much…now reborn a frog.
    He will surely be reborn an animal….hopefully a wild boar.. …to eat him up over and over again..by jungle people.
    He likes to dress up in style with our money…so let him dress himself with all the filth and dirt in the jungle….next life…before promoted to be a domestic pig….for my bak-kut-tei.
    He has to be eaten by Chinese and Indians…to balance things up.
    Like I said….somehow…someone….somewhere h a mysterious person is doing..good deeds to protect mankind ..from useless slimy frog..like you.
    So talk as much as you like.
    I do eat your cousins…..from the padi fields.
    They are high class frogs……needed to be eaten…with their tiny spark of ‘soul’….to be reborn fast… ..to be eaten again…and again..with a chance….to be promoted …to be a better creature….finally…back to be a human being.
    You are one frog…given chance to be a human….and your slimy mouth….insulting everyone….balls carrying UMNO and BN…. back to the past…become a frog… for your useless life…insulting others…doing nothing good…..balls carrying…hoping to get rewards..all your life..
    Do you balls carry your boss…right now?
    This should give Doc…no appetite to have a good breakfast…this morning.
    Anyway….good morning to all.

    Like

  21. jeff
    Jul 18, 2008 @ 09:05:12

    monsterball, DSAI promise to have an equitable n fair policy toward all Malaysians regardless of race n religion, that is enough for me to support him n PKR.I do not have to know him well or carry his ball, like some MCA n Gerakan ball carriers of umno. 50 years of discriminatory policy is enough for me to hate umno, i can imagine a young thug will prefer umno-BN since some already being brain wash by umno through our education system.

    Like

  22. Imran
    Jan 04, 2009 @ 21:34:53

    Who pays the rebate and why? What’s the govt. policy, if nay, behind?
    Can anyone in Malaysia register that many cars in his name?

    Like

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